Meal Delivery - G7
G7- The Meal Delivery market in G7 is expected to experience significant growth in the coming years.
- By 2024, it is projected to generate a revenue of US$143.10bn.
- This growth is expected to continue at an annual rate of 4.75% from 2024 to 2028, resulting in a market volume of US$172.20bn by 2028.
- In the Platform Deliverymarket, in G7 is projected to reach a market volume of US$78.58bn by 2024.
- However, when looking at global comparison, China is predicted to generate the highest revenue in this segment, reaching US$182.90bn in 2024.
- The average revenue per user (ARPU) in the Meal Delivery market is expected to be US$428.20 in 2024.
- This metric gives insight into the financial performance of the market and indicates the amount of revenue generated per user.
- Furthermore, the number of users in the Meal Delivery market is projected to reach 382.3m users by 2028.
- This indicates the potential size of the customer base and highlights the market's growth potential.
- Additionally, user penetration in the Meal Delivery market is estimated to be at 21.4% in 2024.
- This metric represents the percentage of the population that uses Meal Delivery market services, showcasing the market's reach within the G7 countries.
- In the United States, the meal delivery market is experiencing a surge in demand due to the convenience and time-saving benefits it offers to busy professionals.
Definition:
Meal Delivery is the online ordering and delivery of prepared meals by a restaurant or a platform for direct consumption. Orders are typically placed in an app or on a website. The delivery is handled by the platform enterprise (e.g. Deliveroo) or directly by the restaurant (e.g. Domino’s).Structure:
Meal Delivery contains the user and revenue development of two different delivery service solutions for prepared meals: (1) Restaurant Delivery and (2) Platform Delivery. The Restaurant Delivery market includes the delivery of meals carried out directly by the restaurants. The order may be made via platforms (e.g. Delivery Hero, Just Eat) or directly through a restaurant website (e.g. Domino's). The Platform Delivery market focuses on online delivery services that provide customers with meals from partner restaurants that do not necessarily have to offer food delivery themselves. In this case, the platform (e.g. Deliveroo) handles the delivery process.).Additional Information:
Revenue includes the gross merchandise value (GMV), defined as the total sales dollar value for merchandise/food sold through the Online Food Delivery marketplace. User and revenue figures represent B2C services.In-Scope
- Meals ordered online which are directly delivered by the restaurant, no matter if ordered via a platform (e.g. Delivery Hero) or a restaurant website (e.g. Domino's)
- Online meal order and delivery both carried out by a platform (e.g. Deliveroo)
- Online orders that are picked up in the restaurant
Out-Of-Scope
- Phone orders
- Deliveries of non-processed or non-prepared food (e.g. HelloFresh)
