Restaurant Delivery - G7
G7- The Restaurant Delivery market in G7 is expected to witness significant growth in the coming years.
- By 2024, the projected revenue is estimated to reach US$64.48bn.
- This upward trend is anticipated to continue with a compound annual growth rate (CAGR) of 4.43% from 2024 to 2028.
- As a result, the market volume is projected to reach US$76.67bn by 2028.
- In terms of user base, the number of users in the Restaurant Delivery market is expected to reach 283.0m users by 2028.
- This indicates a steady increase in user penetration, which is projected to be 15.9% in 2024 and is expected to reach 18.0% by 2028.
- The average revenue per user (ARPU) is expected to be US$260.20, reflecting the potential for profitability in this market.
- When compared globally, United States is expected to generate the highest revenue in the Restaurant Delivery market, with an estimated revenue of US$36.95bn in 2024.
- This highlights the dominance of the United States in this market.
- Furthermore, when analyzing user penetration, South Korea stands out with a projected rate of 53.5%, indicating the highest user penetration in the Restaurant Delivery market.
- Overall, the Restaurant Delivery market in G7 is set to experience significant growth, fueled by increasing revenue, expanding user base, and higher user penetration rates.
- In the United States, the restaurant delivery market is booming, with a wide range of options and convenient services available 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
