Restaurant Delivery - Algeria

Algeria

Highlights

The Restaurant Delivery market in Algeria is projected to reach a revenue of US$39.07m in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 8.16%, resulting in a projected market volume of US$57.83m by 2029.
By 2029, the number of users in the Restaurant Delivery market is expected to amount to 1.9m users.
The user penetration is projected to be 3.0% in 2024 and is expected to increase to 3.9% by 2029.
The average revenue per user (ARPU) is estimated to be US$28.49.
In the global comparison, United States is expected to generate the highest revenue in the Restaurant Delivery market, reaching US$36.95bn in 2024.
South Korea, on the other hand, is projected to have the highest user penetration rate of 44.8%.
Algeria's restaurant delivery market has experienced a surge in demand, with a growing number of customers seeking convenience and variety in their dining options.

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

Algeria, a country in North Africa, has seen a surge in the restaurant delivery market in recent years.

Customer preferences: The Algerian population's increasing reliance on technology and the convenience it provides has led to a growing demand for restaurant delivery services. Customers prefer to order food online from their favorite restaurants and have it delivered to their doorstep. This trend is particularly popular among the younger generation, who are more tech-savvy and have busy lifestyles.

Trends in the market: The restaurant delivery market in Algeria has seen significant growth in recent years, with several new players entering the market. The market is becoming increasingly competitive, with companies offering a variety of services such as online ordering, delivery, and mobile applications. The use of technology has made it easier for customers to order food, track their orders, and make payments. This has led to increased customer satisfaction and loyalty.

Local special circumstances: The restaurant delivery market in Algeria is unique due to the country's cultural and religious practices. Algeria is a predominantly Muslim country, and many people observe Ramadan, a month-long period of fasting. During this time, restaurants and cafes are closed during the day and only open at night. This has led to an increase in demand for restaurant delivery services during the evening hours. Additionally, Algerian cuisine is known for its diversity and unique flavors, which has contributed to the popularity of restaurant delivery services.

Underlying macroeconomic factors: Algeria's economy has been heavily reliant on the oil and gas industry, which has faced significant challenges in recent years. This has led to a decline in the country's overall economic growth and has had an impact on consumer spending. However, the restaurant delivery market has remained resilient and has continued to grow, indicating that it is a sector that is less affected by economic fluctuations. The growth of the restaurant delivery market in Algeria is also driven by the country's young and tech-savvy population, which is increasingly relying on technology for their daily needs.

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.