MarketersMEDIA / Newsroom / Global Food Delivery Services Market is expected to reach $98,207.32 million by 2027 growing at a CAGR 17.2% during 2018 to 2027.

Global Food Delivery Services Market is expected to reach $98,207.32 million by 2027 growing at a CAGR 17.2% during 2018 to 2027.

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Some of the key players in the Food Delivery Services Market include Delivery Hero, Swiggy, Foodpanda, Zomato, Takeaway.com, Pizza Hut, Deliveroo, Grub Hub, Meituan Waimai, Just Eat Holding Limited, Ele.me, DoorDash, and Postmates Inc.

— Some of the factors such as the increasing demand for quick access to food at affordable prices and the development of the overall food delivery industry that allows customers to order food from selected restaurants are the major factors contributing to the growth of the market. However, the unwillingness of big food outlets to adopt, too much competition and lack of loyal customers may hinder the growth of the market.

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Food delivery is a service that allows the user to order food from a restaurant, store, or independent food delivery company via the internet. The delivered items can include entrees, sides, drinks, desserts, or grocery items and are typically delivered in boxes or bags.

Based on channel type, the mobile applications segment is likely to have a huge demand in the forecast period owing to the increasing penetration of smartphones and the internet, coupled with technological advancements such as 3G and 4G networks.

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By geography, Asia Pacific is estimated to grow at a significant rate during the forecast period due to increasing per capita income and changing preference of millennials.

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Types Covered:
• Platform-to-Consumer
• Restaurant-to-Consumer

Payment Methods Covered:
• Online
• Cash on Delivery

Channel Types Covered:
• Mobile Applications
• Websites/Desktop

Delivery Models Covered:
• Aggregators
• Traditional Delivery Model
• New Delivery Model

Business Models Covered:
• Logistics Based Food Delivery System
• Full-Service Food Delivery System
• Order Focused Food Delivery System

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- 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

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Source URL: https://marketersmedia.com/global-food-delivery-services-market-is-expected-to-reach-9820732-million-by-2027-growing-at-a-cagr-172-during-2018-to-2027/88954085

Source: MarketersMEDIA

Release ID: 88954085

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