Meal Delivery - Uzbekistan

  • Uzbekistan
  • Revenue in the Meal Delivery market in Uzbekistan is projected to reach US$13.07m in 2024.
  • The market is expected to show an annual growth rate (CAGR 2024-2029) of 8.36%, resulting in a projected market volume of US$19.53m by 2029.
  • In Uzbekistan, the Platform Deliverymarket has a projected market volume of US$7.45m in 2024.
  • In global comparison, most revenue will be generated China, amounting to US$184,500.00m in 2024.
  • The average revenue per user (ARPU) in the Meal Delivery market in Uzbekistan is projected to amount to US$16.91 in 2024.
  • The number of users in the Meal Delivery market is expected to amount to 1.1m users by 2029.
  • User penetration in the Meal Delivery market in Uzbekistan will be at 2.2% in 2024.
  • The meal delivery market in Uzbekistan is experiencing a surge in demand due to the growing urban population and increasing reliance on convenience.
 
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Analyst Opinion

The popularity of meal delivery services in Uzbekistan has been increasing steadily over the past few years.

Customer preferences:
Uzbekistan has a young and tech-savvy population that is increasingly turning towards convenience-oriented services. Meal delivery services provide a hassle-free way for people to order food from their favourite restaurants without leaving their homes. Moreover, the COVID-19 pandemic has further accelerated the demand for meal delivery services as people are hesitant to dine out.

Trends in the market:
The meal delivery market in Uzbekistan is still in its early stages, but it is growing rapidly. The market is dominated by local players who are expanding their reach to different cities in the country. These players are leveraging technology to offer a seamless ordering and delivery experience to their customers. Furthermore, there is a growing trend of healthy and organic food delivery services in the country, which is appealing to health-conscious customers.

Local special circumstances:
Uzbekistan has a unique cuisine that is a blend of Central Asian, Persian, and Russian influences. There is a growing demand for traditional Uzbek cuisine, and meal delivery services are catering to this demand by offering a wide variety of Uzbek dishes. Moreover, the country has a large Muslim population, and there is a growing demand for halal food delivery services.

Underlying macroeconomic factors:
Uzbekistan is a rapidly developing economy with a young and growing population. The country has made significant progress in improving its business environment, which has led to increased investment and entrepreneurship. Furthermore, the government has been implementing reforms to modernize the country's economy, which has led to increased consumer spending. These factors have contributed to the growth of the meal delivery market in Uzbekistan.

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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