Restaurant Delivery - Republic of the Congo

  • Republic of the Congo
  • The Republic of the Congo is expected to witness significant growth in the Restaurant Delivery market.
  • According to projections, the revenue in this market is expected to reach US$0.65m in 2024.
  • Furthermore, a steady annual growth rate (CAGR 2024-2029) of 10.69% is anticipated, resulting in a projected market volume of US$1.08m by 2029.
  • In terms of user base, the number of users is expected to amount to 48.9k users by 2029.
  • In 2024, the user penetration rate is estimated to be 0.6%, which is projected to increase to 0.7% by 2029.
  • The average revenue per user (ARPU) is expected to be US$17.03.
  • When compared globally, United States is forecasted to generate the highest revenue in the Restaurant Delivery market, with an estimated amount of US$36,950.00m in 2024.
  • On the other hand, South Korea is anticipated to have the highest user penetration rate in the Restaurant Delivery market, with a projected rate of 44.8%.
  • Restaurant delivery in the Republic of the Congo has seen a surge in demand due to the convenience it offers in a country with limited dining-out options.
 
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Analyst Opinion

The Republic of the Congo, also known as Congo-Brazzaville, is a country located in Central Africa. The restaurant delivery market in the country has been growing steadily in recent years, driven by several factors.

Customer preferences:
In line with global trends, customers in the Republic of the Congo have shown a growing preference for restaurant delivery services. This can be attributed to several factors, including the convenience of having food delivered to their doorstep, the wider variety of food options available, and the ability to order food online or via mobile apps.

Trends in the market:
One of the key trends in the restaurant delivery market in the Republic of the Congo is the increasing popularity of online and mobile ordering platforms. As more and more people gain access to smartphones and the internet, these platforms are becoming an increasingly important way for restaurants to reach customers and grow their businesses.Another trend in the market is the growing popularity of local cuisine. While international fast food chains remain popular, there is a growing demand for traditional Congolese dishes, which are often made with locally sourced ingredients and reflect the country’s rich cultural heritage.

Local special circumstances:
The restaurant delivery market in the Republic of the Congo is unique in several ways. One of the biggest challenges facing restaurants in the country is the lack of reliable transportation infrastructure. This can make it difficult for delivery drivers to navigate the country’s often poorly maintained roads and deliver food in a timely manner.Another challenge facing the market is the limited availability of online payment options. While many customers are comfortable ordering food online, they may not have access to credit or debit cards, which can make it difficult to pay for their orders.

Underlying macroeconomic factors:
The growth of the restaurant delivery market in the Republic of the Congo can be attributed to several underlying macroeconomic factors. One of the most important of these is the country’s growing middle class, which has more disposable income and is more likely to order food delivery services.Another factor is the increasing urbanization of the country. As more and more people move to cities, there is a growing demand for convenient food delivery options that can save time and reduce the need for cooking at home.Overall, the restaurant delivery market in the Republic of the Congo is poised for continued growth in the coming years, driven by changing customer preferences, local market trends, and underlying macroeconomic factors. While there are certainly challenges facing the market, the opportunities for growth and innovation are significant, and there is ample room for new players to enter and succeed in this dynamic and rapidly evolving industry.

Methodology

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.

Overview

  • Revenue
  • Analyst Opinion
  • Users
  • Global Comparison
  • Methodology
  • Key Market Indicators
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