Restaurant Delivery - Panama
Panama- The projected revenue for the Restaurant Delivery market in Panama is expected to reach US$13.02m in 2024.
- This is anticipated to grow at an annual growth rate of 12.62%, resulting in a projected market volume of US$20.94m by 2028.
- By 2028, the number of users in the Restaurant Delivery market is expected to amount to 497.7k users.
- In terms of user penetration, it is projected to be 6.8% in 2024 and is expected to reach 9.7% by 2028.
- The average revenue per user (ARPU) is expected to be US$39.47.
- In comparison to other countries, United States is projected to generate the most revenue in the Restaurant Delivery market, with an estimated amount of US$36.95bn in 2024.
- On the other hand, South Korea is expected to have the highest user penetration rate of 53.5% in the Restaurant Delivery market.
- Panama's restaurant delivery market is booming, with a surge in demand for quick and convenient food delivery services.
- 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
