Contact
Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)
The Meal Delivery market in BRICS is experiencing significant growth due to changing consumer preferences and local special circumstances.
Customer preferences: Consumers in BRICS countries are increasingly turning to meal delivery services due to their busy lifestyles and the convenience offered by these services. In addition, the COVID-19 pandemic has accelerated the adoption of meal delivery services as people are staying at home and avoiding crowded places. Consumers are also looking for healthy and nutritious meal options, which are being offered by many meal delivery companies.
Trends in the market: In Brazil, the meal delivery market is highly competitive, with several local and international players vying for market share. The market is expected to grow due to increasing smartphone penetration and the rising popularity of online food delivery. In Russia, the meal delivery market is dominated by a few major players, and the market is expected to continue growing due to the increasing popularity of online food delivery. In India, the meal delivery market is highly fragmented, with several local and regional players operating in the market. The market is expected to grow due to the increasing adoption of smartphones and the rising popularity of online food delivery. In China, the meal delivery market is dominated by a few major players, and the market is expected to continue growing due to the increasing popularity of online food delivery and the rising disposable incomes of consumers.
Local special circumstances: In Brazil, the meal delivery market is being driven by the growing middle class and the increasing adoption of smartphones. In Russia, the meal delivery market is being driven by the growing urban population and the increasing popularity of online food delivery. In India, the meal delivery market is being driven by the increasing adoption of smartphones and the growing middle class. In China, the meal delivery market is being driven by the increasing popularity of online food delivery and the rising disposable incomes of consumers.
Underlying macroeconomic factors: The underlying macroeconomic factors driving the growth of the meal delivery market in BRICS countries include the growing middle class, the increasing adoption of smartphones, and the rising disposable incomes of consumers. In addition, the COVID-19 pandemic has accelerated the adoption of meal delivery services as people are staying at home and avoiding crowded places. The increasing popularity of online food delivery is also driving the growth of the market in these countries.
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.Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)