Global Online Food Delivery Market Research and Upcoming Forecast Report
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Report Description and Highlights Report Description Online Food Delivery Market Outlook 2026:
According to the latest report by IMARC Group, titled “Online Food Delivery Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global online food delivery market size reached US$ 107.4 Billion in 2020. Online food delivery refers to the procedure of placing a food order via online portals and mobile applications. These systems can be categorized into restaurant-to-consumer and platform-to-consumer delivery. Online food delivery applications offer access to single or multiple food establishments based on individual preferences. They also provide flexibility in terms of payment methods, such as cash-on-delivery, net banking, food coupons, and credit/debit cards. Apart from this, these platforms enable consumers to create an account for hassle-free ordering, faster checkout, easier menu comparisons, and minimum human intervention. Request for a PDF sample of this report: https:// www.imarcgroup.com/online-food-delivery-market/requestsample
Report Description and Highlights
Report Description
Global Online Food Delivery Market Trends:
The steadily increasing working population and their hectic lifestyles are facilitating the demand for ready-to-eat (RTE) food products, which, in turn, is driving the market growth. This is further supported by the proliferation of smartphones, the easy accessibility of high-speed internet, and the launch of user-friendly food applications, which has led to an increase in expenditure on faster food delivery services across the globe. In line with this, the shifting consumer preference toward online food delivery based on the availability of diverse food options, discounts, door-step delivery, and secured payment getaways is acting as another growth-inducing factor. Moreover, these service providers are implementing promotional strategies by identifying recurring consumers and taste patterns, which is catalyzing the market growth. Additionally, the widescale integration of online food delivery platforms with advanced technologies, such as artificial intelligence (AI), the internet of things (IoT), and predictive and big data analytics, for providing a personalized experience, is creating a positive outlook for the market. The outbreak of the coronavirus disease (COVID-19) pandemic has resulted in the growing inclination toward online food delivery services to mitigate the risks of infection, which is propelling the market growth further. Looking forward, the market is expected to grow at a CAGR of around 11% during 2021-2026.
Report Description and Highlights
Report Description Key Market Segmentation: Breakup by Platform Type: •Website •Applications
Breakup by Business Model:
•Order Focused Food Delivery System •Logistics Based Food Delivery System •Full-Service Food Delivery System
Breakup by Payment Method •Online •Cash on Delivery
Report Description and Highlights
Report Description Breakup by Region:
•China •North America •Asia Pacific ( excluding china) •Europe •Rest of the World Note: We are updating our research report 2021-2026. If you want to need latest primary and secondary data with Cost Module, Business Strategy, Distribution Channel, etc
Report Description and Highlights
Report Description Competitive Landscape: •Just Eat •GrubHub •Delivery Hero •Deliveroo •Takeaway.com •Foodpanda •Ele.me •Meituan Waimai
View Report TOC, Figures and Tables: https://www.imarcgroup.com/online-food-delivery-market
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Report Description and Highlights
Report Description
© 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.
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