Meal Delivery - Panama
Panama- The Meal Delivery market in Panama is projected to achieve a revenue of US$17.45m in 2024.
- With an expected annual growth rate of 13.01% (CAGR 2024-2028), the market is anticipated to reach a volume of US$13.02m by 2028.
- In the Restaurant Deliverymarket, in Panama is expected to have a market volume of US$13.02m in 2024.
- When compared globally, China will generate the highest revenue, projected at US$182.90bn in 2024.
- The average revenue per user (ARPU) in the Meal Delivery market is expected to be US$40.41 in 2024.
- By 2028, the number of users in Panama's Meal Delivery market is estimated to reach 667.0k users.
- The user penetration rate in the Meal Delivery market is projected to be 9.4% in 2024.
- The demand for meal delivery services in Panama has surged, driven by the country's fast-paced urban lifestyle and growing preference for convenient dining options.
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)
