The convenience of ordering food online and having it delivered has become increasingly popular in recent years. This trend is evident in the Restaurant Delivery market in G7 countries, where the market has experienced significant growth.
Customer preferences: Customers in G7 countries are increasingly turning to online food delivery services due to the convenience they offer. These services allow customers to browse menus, place orders, and pay for their food all from the comfort of their own homes. Additionally, the ability to track the delivery of their food in real-time provides customers with a sense of security and peace of mind.
Trends in the market: The Restaurant Delivery market in G7 countries has seen a surge in demand due to the COVID-19 pandemic. With many restaurants forced to close their doors to dine-in customers, online food delivery services have become a lifeline for the industry. As a result, many restaurants have partnered with delivery services to expand their reach and maintain their customer base.In addition to the pandemic, there has been a growing trend towards healthier food options. As a result, many delivery services have expanded their offerings to include healthier options such as vegan, vegetarian, and gluten-free meals. This trend is particularly evident in countries such as Canada and Japan, where there is a strong focus on health and wellness.
Local special circumstances: In the United States, the Restaurant Delivery market is dominated by third-party delivery services such as Uber Eats, Grubhub, and DoorDash. These companies have become increasingly popular due to their ease of use and widespread availability. However, there has been some controversy over the fees charged by these companies, which can be as high as 30% of the total order value. This has led to some restaurants opting to offer their own delivery services to avoid these fees.In France, there has been a growing trend towards traditional cuisine and local ingredients. As a result, many delivery services have partnered with local restaurants to offer authentic French cuisine to customers. This trend has also been seen in Italy, where there has been a renewed interest in traditional Italian dishes.
Underlying macroeconomic factors: The growth of the Restaurant Delivery market in G7 countries can be attributed to several underlying macroeconomic factors. These include the increasing availability of high-speed internet, the rise of smartphones and mobile devices, and the growing number of people working from home. Additionally, the COVID-19 pandemic has accelerated the shift towards online food delivery services, as more people are staying at home and avoiding crowded public spaces.In conclusion, the Restaurant Delivery market in G7 countries has experienced significant growth in recent years. This growth can be attributed to customer preferences for convenience and the increasing availability of online food delivery services. Additionally, the COVID-19 pandemic has accelerated the shift towards online food delivery, making it a lifeline for the restaurant industry. As the market continues to evolve, it will be interesting to see how delivery services adapt to changing customer preferences and local special circumstances.
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)
