Restaurant Delivery - Myanmar
Myanmar- The Restaurant Delivery market in Myanmar is projected to reach a revenue of US$23.07m by 2024.
- This is expected to display an annual growth rate (CAGR 2024-2028) of 8.31%, resulting in a projected market volume of US$31.74m by 2028.
- Additionally, the number of users in the Restaurant Delivery market is anticipated to reach 2.1m users by 2028.
- The user penetration, which currently stands at 2.9% in 2024, is expected to increase to 3.4% by 2028.
- The average revenue per user (ARPU) is projected to amount to US$13.50.
- In global comparison, United States is expected to generate the highest revenue in the Restaurant Delivery market, reaching US$36.95bn by 2024.
- However, it is worth noting that South Korea has the highest projected user penetration rate of 53.5%.
- Myanmar's restaurant delivery market is experiencing rapid growth driven by the increasing demand for convenience and the emergence of food delivery platforms.
- 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
