Leading online food delivery markets globally 2024
In 2024, China was forecast to be the biggest market for online food delivery worldwide, generating around 450 billion U.S. dollars in revenue. The United States ranked second, with the online food delivery revenue reaching approximately 353 billion U.S. dollars that year.
Food delivery market in the U.S.
The online food delivery landscape in the U.S. is mainly divided into two segments: meal delivery and grocery delivery. In 2024, the grocery segment was estimated at approximately 257 billion U.S. dollars, while meal delivery revenues were estimated at 96 billion dollars. Such a lucrative online food delivery market entails high consumer expectations: nearly 60 percent of U.S. consumers surveyed in 2022 said they expected their online food orders to arrive in 30 minutes or less.
DoorDash: homegrown champion
San Francisco-based DoorDash was the leading food delivery operator in the United States as of January 2024, controlling two-thirds of the online food delivery market in the country. In 2023, DoorDash revenues reached approximately 8.6 billion U.S. dollars. More information on DoorDash can be found here.