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Jun 26, 2020 (CDN Newswire via Comtex) — Manhattan, New York, Analytical Research Cognizance: The Online Food Delivery Services market is projected to witness momentous growth over the upcoming years due to a tremendous rise in demand due to the global COVID-19 pandemic. The report is inclusive of the prominent industry drivers and provides an accurate analysis of the key growth trends and market outlook in the years to come in addition to the competitive hierarchy of this sphere.
Global Online Food Delivery Services Market is accounted for $23,539.40 million in 2018 and is expected to reach $99,725.97 million by 2027 growing at a CAGR of 17.4% during the forecast period. Some of the key factors propelling the market growth are increasing use of smart phones, changing consumer lifestyle, and growth of food and beverages industry. However, the low quality of food with the increase in volume is the restraining factor for the growth of the market.
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Online food delivery services allow the consumers to order food from a restaurant, store, or independent food delivery company through internet. The ordered food items are typically delivered in boxes or bags.
By payment method, the online segment is expected to grow at a significant market share during the forecast period because of the increasing awareness regarding digital money. On the basis of geography, Asia Pacific is anticipated to hold considerable market share during the forecast period due to the changing food habits of the youth and growth of e-commerce in developing nations.
Some of the key players in global Online Food Delivery Services market are: Foodpanda, Pizza Hut, Grub Hub, DoorDash, Swiggy, Meituan Waimai, Zomato, Delivery Hero, Just Eat Holding Limited, Deliveroo, Postmates Inc, Takeaway.com, and Ele.me.
Payment Methods Covered:
Cash on Delivery, Online
Types Covered:
Restaurant-to-Consumer, Platform-to-Consumer
Delivery Models Covered:
Traditional Delivery Model, New Delivery Model, Aggregators
Channel Types Covered:
Mobile Applications, Websites/Desktop
Business Models Covered:
Full-service Food Delivery System, Logistics Based Food Delivery System, Order Focused Food Delivery System
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Regions Covered:
North America, US, Canada, Mexico, Europe, Germany, UK, Italy, France, Spain, Rest of Europe, Asia Pacific, Japan , China , India , Australia , New Zealand, South Korea , Rest of Asia Pacific , South America, Argentina, Brazil, Chile, Rest of South America, Middle East & Africa, Saudi Arabia, UAE, Qatar, South Africa, Rest of Middle East & Africa
What our report offers:
Market share assessments for the regional and country level segments
Strategic recommendations for the new entrants
Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter's five forces analysis, SWOT analysis etc.
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends
Company profiling with detailed strategies, financials, and recent developments
Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
Company Profiling
Comprehensive profiling of additional market players (up to 3)
SWOT Analysis of key players (up to 3)
Regional Segmentation
Market estimations, Forecasts and CAGR of any prominent country as per the clients interest (Note: Depends of feasibility check)
Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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About Us:
Analytical Research Cognizance (ARC) is a trusted hub for research reports that critically renders accurate and statistical data for your business growth. Our extensive database of examined market reports places us amongst the best industry report firms. Our professionally equipped team further strengthens ARC's potential.
ARC works with the mission of creating a platform where marketers can have access to informative, latest and well researched reports. To achieve this aim our experts tactically scrutinize every report that comes under their eye.
Contact Us:
Ranjeet Dengale
Director Sales
Analytical Research Cognizance
+1 (646) 403-4695, +91 90967 44448
sales@arcognizance.com
Note:
Our report does take into account the impact of coronavirus pandemic and dedicates qualitative as well as quantitative sections of information within the report that emphasizes the impact of COVID-19.As this pandemic is ongoing and leading to dynamic shifts in stocks and businesses worldwide, we take into account the current condition and forecast the market data taking into consideration the micro and macroeconomic factors that will be affected by the pandemic.
This content has been distributed via CDN Newswire press release distribution service. For press release enquires please mail us at contact@cdnnewswire.com.
COMTEX_367414003/2657/2020-06-26T11:14:55
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