Restaurant Delivery - Seychelles

Seychelles

Highlights

The Restaurant Delivery market in Seychelles is projected to reach a revenue of US$104.60k in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 7.50%, resulting in a projected market volume of US$150.10k by 2029.
The number of users in the Restaurant Delivery market is expected to amount to 4.6k users by 2029.
The user penetration in Seychelles is projected to be 3.3% in 2024, and it is expected to increase to 4.2% by 2029.
The average revenue per user (ARPU) is projected to be US$29.60.
In global comparison, United States is expected to generate the highest revenue in the Restaurant Delivery market, reaching US$36.95bn in 2024.
South Korea has the highest projected user penetration rate of 44.8% in the Restaurant Delivery market.
Seychelles has seen a surge in demand for restaurant delivery services, driven by the growing popularity of international cuisines among locals and tourists.

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The restaurant delivery market in Seychelles has been steadily growing in recent years, with an increasing number of consumers opting for the convenience of having their meals delivered to their doorstep.

Customer preferences: The rise of the restaurant delivery market in Seychelles can be attributed to several factors, including changing consumer preferences and lifestyles. With more people leading busy lives, there is a growing demand for quick and easy meal options that can be delivered to their homes or offices. Additionally, the COVID-19 pandemic has accelerated the adoption of food delivery services, as more people are choosing to stay at home and avoid crowded public spaces.

Trends in the market: One of the key trends in the Seychelles restaurant delivery market is the rise of online ordering platforms. These platforms make it easy for consumers to browse menus, place orders, and track deliveries in real time. Another trend is the increasing popularity of healthy food options, as more consumers are looking for nutritious meals that can be delivered to their doorstep.

Local special circumstances: Seychelles is a small island nation with a unique culinary culture that draws on African, Indian, and European influences. As such, the restaurant delivery market in Seychelles is characterized by a diverse range of cuisines and flavors, from traditional Creole dishes to international favorites like pizza and sushi.

Underlying macroeconomic factors: Seychelles has a relatively small population, which means that the restaurant delivery market is limited in size compared to larger markets in the region. However, the country's growing tourism industry has helped to drive demand for restaurant delivery services, as more visitors are looking for convenient and hassle-free dining options during their stay. Additionally, the Seychelles government has taken steps to support the growth of the restaurant industry, including initiatives to promote local cuisine and improve food safety standards.

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.