Online Food Delivery

The projected revenue in the Online Food Delivery market in Luxembourg is expected to reach US$127.10m in 2024.
This market is also expected to show an annual growth rate (CAGR 2024-2029) of 3.83%, resulting in a projected market volume of US$153.40m by 2029.
In the Grocery Delivery market, a revenue growth of 6.7% is expected in 2025.0.
This market is projected to have a market volume of US$109.40m in 2024.
In global comparison, China is expected to generate the highest revenue, reaching US$450.50bn in 2024.
The average revenue per user (ARPU) in the Grocery Delivery market is projected to amount to US$602.40 in 2024.
In the Grocery Delivery market, the number of users is expected to reach 235.6k users by 2029.
User penetration in the Grocery Delivery market will be at 27.4% in 2024.
Luxembourg's online food delivery market is booming, with a wide range of high-quality and diverse culinary options available at the touch of a button.

Definition:

Online Food Delivery refers to the intersection of ordering groceries and prepared meals online. Orders are typically placed through an app or website and delivery times vary.

Structure:

The Online Food Delivery market contains the user and revenue development of two different delivery service solutions: (1) Meal Delivery and (2) Grocery Delivery. Included are services that deliver prepared meals and food ordered online for direct consumption (Meal Delivery) and non-prepared food and beverage products, household, and personal care products (Grocery Delivery). Meal delivery includes the delivery of meals carried out directly by restaurants (Restaurant Delivery) and online delivery services that provide customers with meals from partner restaurants that do not necessarily have to offer food delivery themselves (Platform Delivery). Grocery Delivery consists of fresh, nonprepared products delivered from supermarkets or retailers where delivery is scheduled (Retail Delivery), Delivery that is under 3 hours and operates dark stores or own warehouses (Quick Commerce), and prepared fresh ingredients to be prepared at home, typically offered through a subscription service (Meal Kit Delivery).

Additional Information:

Revenue figures are 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.

Meals and groceries ordered online that are directly delivered by the restaurant, retailer, or platform no matter if ordered via a platform (e.g. Delivery Hero, Instacart) or a restaurant/retailer website (e.g. Domino's, Walmart.com)
Online meal and grocery order and delivery both carried out by a platform (e.g. Deliveroo, Grab, Flink)

Phone orders
Click & collect Grocery orders
Ready-to-eat meals

Luxembourg, a small country in Western Europe, has seen a significant rise in the Online Food Delivery market in recent years.

Customer preferences: The customers in Luxembourg are increasingly preferring online food delivery services due to the convenience it offers. The busy lifestyle of people, especially in urban areas, has led to an increase in demand for online food delivery services. Additionally, the COVID-19 pandemic has further accelerated this trend as people are avoiding going out to restaurants and instead opting for food delivery services.

Trends in the market: One of the major trends in the Online Food Delivery market in Luxembourg is the emergence of new players. Several new food delivery companies have entered the market in recent years, providing customers with more options to choose from. Furthermore, these companies are introducing innovative technologies to make the ordering process more efficient and user-friendly.Another trend is the increasing popularity of healthy food options. Customers are becoming more health-conscious and are looking for healthier food options. As a result, many food delivery companies are now offering a range of healthy food options, including vegan and gluten-free options.

Local special circumstances: Luxembourg is known for its multicultural population, and this has had an impact on the food delivery market. The country has a diverse range of cuisines, and this has led to an increase in demand for international food options. Many food delivery companies are now offering a variety of international cuisines, catering to the diverse population of the country.

Underlying macroeconomic factors: Luxembourg has a high GDP per capita, and this has led to an increase in disposable income among the population. As a result, people are more willing to spend money on food delivery services. Additionally, the country has a high number of expats, who are more likely to use food delivery services due to their busy lifestyles.In conclusion, the Online Food Delivery market in Luxembourg is experiencing significant growth due to the convenience it offers, the emergence of new players, the increasing popularity of healthy food options, the diverse population, and the high GDP per capita. These factors are likely to continue driving growth in the market in the coming years.

Data coverage:

The data encompasses B2C enterprises. Figures are based on Gross Merchandise Value (GMV) and represent what consumers pay for these products and services. The user metrics show the number of customers who have made at least one online purchase within the past 12 months.

Modeling approach / Market size:

Market sizes are determined through a bottom-up approach, building on predefined factors for each market. As a basis for evaluating markets, we use annual financial reports of the market-leading companies, third-party studies and reports, as well as survey results from our primary research (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, GDP per capita, and internet connection speed. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing. The main drivers are internet users, urban population, usage of key players, and attitudes toward online services.

Additional notes:

The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. GCS data is reweighted for representativeness.

This report presents a comprehensive analysis and additional information on the Ecommerce market, in a PDF format.