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Market Insights report
Convenience is one of the main reasons to order food online. Its saves time, customers can choose from a variety of restaurants and their payment details are stored. The worldwide revenue of US$1,195.4 billion in 2024 is expected to increase to US$1,854.5billion by 2029 (Note: revenue refers to gross merchandise value).
What's included?
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.
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).
Overview
For focus regions & countries: China, U.S., Germany, UK and Japan:
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Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)