Restaurant Delivery - North America
North America- The North American Restaurant Delivery market is anticipated to witness significant growth in the coming years.
- According to projections, the market's revenue is expected to reach US$42.55bn by 2024.
- Moreover, the market volume is projected to reach US$48.47bn by 2028, reflecting an annual growth rate (CAGR 2024-2028) of 3.31%.
- The number of users in the Restaurant Delivery market is also expected to experience substantial growth, reaching 206.2m users by 2028.
- This indicates a user penetration of 35.3% in 2024, which is projected to increase to 39.3% by 2028.
- Furthermore, the average revenue per user (ARPU) is estimated to be US$235.90.
- When compared globally, United States is poised to generate the highest revenue in the Restaurant Delivery market, with US$36.95bn expected in 2024.
- In terms of user penetration, South Korea leads the market with a projected rate of 53.5%.
- In North America, the demand for restaurant delivery services has surged due to the convenience and time-saving benefits it offers to busy urban dwellers.
- 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
