Online Food Delivery

The Online Food Delivery market in Switzerland is projected to reach a revenue of US$2.53bn in 2024.
With an expected annual growth rate (CAGR 2024-2029) of 8.81%, the market volume is projected to reach US$3.86bn by 2029.
In the Grocery Delivery market, there is an anticipated revenue growth of 14.8% in 2025.0, with a projected market volume of US$2.28bn in 2024.
In comparison to other countries, China is expected to generate the highest revenue in the Online Food Delivery market, with US$450.50bn in 2024.
The average revenue per user (ARPU) in the Grocery Delivery market is projected to be US$816.00 in 2024.
Moving on to the Grocery Delivery market, the number of users is expected to reach 3.7m users by 2029.
The user penetration in this market will be at 31.5% in 2024.
The online food delivery market in Switzerland is experiencing a surge in demand due to the country's high disposable income and busy urban lifestyle.

Definition:

Online Food Delivery refers to the intersection of ordering groceries and prepared meals online. Orders are typically placed through an app or website and delivery times vary.

Structure:

The Online Food Delivery market contains the user and revenue development of two different delivery service solutions: (1) Meal Delivery and (2) Grocery Delivery. Included are services that deliver prepared meals and food ordered online for direct consumption (Meal Delivery) and non-prepared food and beverage products, household, and personal care products (Grocery Delivery). Meal delivery includes the delivery of meals carried out directly by restaurants (Restaurant Delivery) and online delivery services that provide customers with meals from partner restaurants that do not necessarily have to offer food delivery themselves (Platform Delivery). Grocery Delivery consists of fresh, nonprepared products delivered from supermarkets or retailers where delivery is scheduled (Retail Delivery), Delivery that is under 3 hours and operates dark stores or own warehouses (Quick Commerce), and prepared fresh ingredients to be prepared at home, typically offered through a subscription service (Meal Kit Delivery).

Additional Information:

Revenue figures are the gross merchandise value (GMV), defined as the total sales dollar value for merchandise/food sold through the Online Food Delivery marketplace. User and revenue figures represent B2C services.

Meals and groceries ordered online that are directly delivered by the restaurant, retailer, or platform no matter if ordered via a platform (e.g. Delivery Hero, Instacart) or a restaurant/retailer website (e.g. Domino's, Walmart.com)
Online meal and grocery order and delivery both carried out by a platform (e.g. Deliveroo, Grab, Flink)

Phone orders
Click & collect Grocery orders
Ready-to-eat meals

Switzerland is known for its beautiful landscapes and delicious chocolates. However, the Online Food Delivery market in Switzerland is also gaining popularity in recent years.

Customer preferences: Swiss customers are known for their love for traditional food. However, with the rise of online food delivery services, they are also exploring international cuisines. Customers prefer online food delivery services due to convenience and time-saving. They also value the ability to track their orders and receive them at their doorstep.

Trends in the market: The Online Food Delivery market in Switzerland is growing rapidly due to the increasing number of customers who prefer to order food online. The market is becoming more competitive, with new players entering the market. The trend of healthy food delivery is also gaining popularity, with customers opting for healthier options. Another trend is the use of eco-friendly packaging, which is becoming more popular among customers.

Local special circumstances: Switzerland is a small country with a high standard of living. As a result, the cost of living is high, and the minimum wage is relatively high compared to other countries. This has resulted in higher prices for online food delivery services. However, customers are willing to pay the premium price for the convenience and quality of service.

Underlying macroeconomic factors: The Swiss economy is stable, with a low unemployment rate and high GDP per capita. This has resulted in high purchasing power for Swiss customers, making them more willing to spend on premium services like online food delivery. The country is also known for its strict food safety regulations, which ensure the quality and safety of food products. This has resulted in customers having high expectations for the quality of food delivered to them.In conclusion, the Online Food Delivery market in Switzerland is growing rapidly due to the convenience and time-saving it offers to customers. Swiss customers are also willing to pay a premium price for the quality of service and food. The market is becoming more competitive, with new players entering the market, and healthy food delivery and eco-friendly packaging becoming more popular among customers. The stable Swiss economy and strict food safety regulations also contribute to the growth of the market.

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.

This report presents a comprehensive analysis and additional information on the Ecommerce market, in a PDF format.