Food Delivery Services Market by Business and Geography - Forecast and Analysis 2020-2024

  • Published: Nov 2020
  • Pages: 120
  • SKU: IRTNTR43444
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The food delivery services market size has the potential to grow by USD 215.56 bn during 2020-2024, and the market’s growth momentum will accelerate during the forecast period.

This report provides a detailed analysis of the market by geography (APAC, North America, Europe, South America, and MEA) and market landscape (order focused and logistics focused). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including Alibaba Group Holding Ltd., Delivery Hero SE, Glovoapp23 SL, Grab Holdings Inc., Just Eat Plc, Meituan Dianping, Postmates Inc., Roofoods Ltd., Just Eat Takeaway.com NV, and Zomato Media Pvt. Ltd.

Market Overview

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Market Competitive Analysis

The market is fragmented. Alibaba Group Holding Ltd., Delivery Hero SE, Glovoapp23 SL, Grab Holdings Inc., Just Eat Plc, Meituan Dianping, Postmates Inc., Roofoods Ltd., Just Eat Takeaway.com NV, and and Zomato Media Pvt. Ltd. are some of the major market participants. Factors such as growing mergers and acquisitions will offer immense growth opportunities. However,  may impede market growth. To make the most of the opportunities, vendors should focus on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

To help clients improve their market position, this food delivery services market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this food delivery services market analysis report provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

This report provides information on the production, sustainability, and prospects of several leading companies, including:

  • Alibaba Group Holding Ltd.
  • Delivery Hero SE
  • Glovoapp23 SL
  • Grab Holdings Inc.
  • Just Eat Plc
  • Meituan Dianping
  • Postmates Inc.
  • Roofoods Ltd.
  • Just Eat Takeaway.com NV
  • Zomato Media Pvt. Ltd.

 

Food Delivery Services Market: Segmentation by Geography

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The report offers an up-to-date analysis regarding the current Global market scenario, latest trends and drivers, and the overall market environment. APAC will offer several growth opportunities to market vendors during the forecast period. The increasing partnerships between restaurants and food delivery service providers will significantly influence food delivery services market's growth in this region.

62% of the market’s growth will originate from APAC during the forecast period. China is the key market for food delivery services market  in APAC. This report provides an accurate prediction of the contribution of all segments to the growth of the food delivery services market size.

Food Delivery Services Market: Key Highlights of the Report for 2020-2024

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will food delivery services market growth during the next five years
  • Precise estimation of the food delivery services market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the food delivery services market industry across APAC, North America, Europe, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of food delivery services market vendors

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Food Delivery Services Market Scope

Report Coverage

Details

Page number

120

Base year

2019

Forecast period

2020-2024

Growth momentum & CAGR

Accelerate at a CAGR of 12%

Market growth 2020-2024

$ 215.56 billion

Market structure

Fragmented

YoY growth (%)

7.88

Regional analysis

APAC, North America, Europe, South America, and MEA

Performing market contribution

APAC at 62%

Key consumer countries

China, US, Japan, Canada, UK, and Germany

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Alibaba Group Holding Ltd., Delivery Hero SE, Glovoapp23 SL, Grab Holdings Inc., Just Eat Plc, Meituan Dianping, Postmates Inc., Roofoods Ltd., Just Eat Takeaway.com NV, and and Zomato Media Pvt. Ltd.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2019
    • Market outlook: Forecast for 2019 - 2024

    Five Forces Analysis

    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Business Segment

    • Market segments
    • Comparison by Business Segment
    • Order focused - Market size and forecast 2019-2024
    • Logistics focused - Market size and forecast 2019-2024
    • Market opportunity by Business Segment

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • APAC - Market size and forecast 2019-2024
      • North America - Market size and forecast 2019-2024
      • Europe - Market size and forecast 2019-2024
      • South America - Market size and forecast 2019-2024
      • MEA - Market size and forecast 2019-2024
      • Key leading countries
      • Market opportunity by geography
      • Volume drivers – Demand led growth
      • Market challenges
      • Market trends

      Vendor Landscape

      • Overview
      • Vendor landscape
      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • Alibaba Group Holding Ltd.
      • Delivery Hero SE
      • Glovoapp23 SL
      • Grab Holdings Inc.
      • Just Eat Plc
      • Meituan Dianping
      • Postmates Inc.
      • Roofoods Ltd.
      • Just Eat Takeaway.com NV
      • Zomato Media Pvt. Ltd.

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
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      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
      Technavio

      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
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      The food delivery services market growth will increase by $215.56 billion during 2019-2024.
      The food delivery services market is expected to grow at a CAGR of 12.27% during 2019-2024.
      Technavio has segmented the food delivery services market by business segment (Order focused and Logistics focused) and geographic (APAC, North America, Europe, South America, and MEA).
      Alibaba Group Holding Ltd., Delivery Hero SE, Glovoapp23 SL, Grab Holdings Inc., Just Eat Plc, Meituan Dianping, Postmates Inc., Roofoods Ltd., Just Eat Takeaway.com NV, Zomato Media Pvt. Ltd. are a few of the key vendors in the food delivery services market.
      APAC will register the highest growth rate of 61.67% among the other regions. Therefore, the food delivery services market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
      The key factors driving the food delivery services market growth are:
      • Increasing partnerships between restaurants and food delivery service providers
      The food delivery services market vendors should focus on grabbing business opportunities from the order focused segment as it accounted for the largest market share in the base year.
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