Restaurant Delivery - Azerbaijan
Azerbaijan- The Restaurant Delivery market in Azerbaijan is projected to reach a revenue of US$6.17m AZN in 2024.
- This market is anticipated to experience an annual growth rate (CAGR 2024-2028) of 5.04%, resulting in a projected market volume of US$7.51m AZN by 2028.
- Moreover, the number of users in the Restaurant Delivery market is expected to reach 194.2k users by 2028.
- User penetration is predicted to be 1.6% in 2024 and is expected to increase to 1.7% by 2028.
- Additionally, the average revenue per user (ARPU) is projected to be US$35.46 AZN.
- In comparison to other countries, United States is expected to generate the highest revenue in the Restaurant Delivery market, amounting to US$36.95bn AZN in 2024.
- On the other hand, South Korea is projected to have the highest user penetration rate in the Restaurant Delivery market, with a rate of 53.5%.
- The restaurant delivery market in Azerbaijan has witnessed a surge in demand due to the convenience and time-saving it offers to consumers.
- Key regions:
- Asia,
- Europe,
- South Korea,
- Germany,
- China
Definition:
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 aggregation services collect the menus of independent restaurants and specialized delivery services. In other words, they merely lay the technical foundation for the searchability of restaurants and the processing of transactions. The restaurant itself takes care of 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 orders that are picked up in the restaurant
Out-Of-Scope
- Phone orders
- Online meal order and delivery both carried out by a platform (e.g. Deliveroo)
- Deliveries of non-processed or non-prepared food
