The Latest Food Delivery Industry Statistics Explained
It is projected that the online food delivery market’s worth will reach $192.16 billion by 2025.
The statistic indicates that the online food delivery market is expected to significantly grow and achieve a market worth of $192.16 billion by the year 2025. This projection reflects a strong trend towards consumer adoption of online food ordering and delivery services, likely driven by factors such as increasing convenience, busy lifestyles, and technological advancements in the food service industry. The robust growth forecast also suggests that online food delivery platforms will continue to expand their market presence globally, tapping into a sizable opportunity for driving revenue and catering to evolving consumer preferences for convenient, on-demand food options.
An estimate of 44 million Americans use food delivery apps.
The statistic “An estimate of 44 million Americans use food delivery apps” reflects the approximate number of individuals in the United States who actively engage in utilizing mobile applications to order food for delivery. This statistic suggests a widespread adoption of food delivery apps within the American population, indicating a significant shift in consumer behavior towards convenient and on-demand food services. The large number of users illustrates the popularity and growth of the food delivery industry, highlighting the impact of technology on changing how people access and enjoy food services in today’s digital age.
Of those using delivery services, 60% use the platform at least weekly.
The statistic indicates that among individuals who utilize delivery services, a substantial majority, specifically 60%, use the platform on a weekly basis or more frequently. This suggests that a significant portion of the delivery service users have integrated the use of these services into their routine and rely on them regularly. The statistic highlights the popularity and convenience of delivery platforms among this group of individuals, indicating a strong demand for such services and potentially reflecting shifting consumer preferences towards convenience and efficiency in their purchasing behaviors.
46% of smartphone users in the United States are mobile food delivery service users.
The statistic suggests that 46% of smartphone users in the United States utilize mobile food delivery services. This data implies a significant portion of smartphone users rely on these services to order food for delivery, highlighting the popularity and widespread utilization of mobile food delivery platforms. Factors contributing to this high percentage may include convenience, variety of food options, busy lifestyles, and the ease of ordering food through mobile apps. This statistic underscores the increasing reliance on technology in the food industry and reflects evolving consumer preferences towards convenient and on-demand services.
In a 2019 survey, 31.6% of the population in the US said they use online food ordering services at least once a week.
In a 2019 survey conducted in the United States, it was found that 31.6% of the population reported using online food ordering services at least once a week. This statistic indicates a considerable portion of the population regularly engages with these services, highlighting the growing trend of online food ordering in the country. The data suggests that online food ordering has become a popular choice for many individuals as a convenient and time-saving option for getting meals. This statistic provides valuable insights into consumer behavior and preferences in the food service industry, showing the significant impact of technology on how people access and consume food.
As of 2020, DoorDash led the US food delivery market with a 45% share.
The statistic you provided indicates that as of 2020, DoorDash held a significant market share of 45% in the US food delivery market, making it the leading company in the industry. This suggests that DoorDash had captured almost half of the market, indicating strong performance and widespread consumer adoption of its platform for food delivery services. The 45% market share also implies that DoorDash faced significant competition from other players in the market, but managed to outperform them and establish itself as the market leader. This statistic showcases DoorDash’s dominance in the US food delivery sector and underscores its position as a key player in the industry landscape.
Worldwide, over a quarter of the population ordered a meal via a delivery app in 2020.
The statistic indicates that a significant portion of the global population, specifically over a quarter, utilized delivery apps to order meals in 2020. This highlights the widespread adoption and popularity of food delivery services worldwide, which have been driven by factors such as convenience, technological advancements, and changing consumer behaviors, especially during the COVID-19 pandemic when dining out was restricted in many places. The trend suggests a shift towards more digitally-driven and on-demand food consumption habits, reflecting the increasing reliance on technology and mobile applications to meet everyday needs, even in the food service industry.
Analysts predict a $459.4 billion increase in the food delivery industry by 2026.
The statistic ‘Analysts predict a $459.4 billion increase in the food delivery industry by 2026’ indicates that experts anticipate a significant growth in the market size of the food delivery industry over the next five years. This prediction suggests that the industry is expected to experience substantial expansion and increased revenue generation, reaching a total expansion of $459.4 billion by the end of 2026. Factors such as changing consumer preferences, technological advancements, and the impacts of global events like the COVID-19 pandemic may be driving this projected growth in the food delivery sector. This statistic highlights the potential opportunities and changes that may occur within the industry, signaling a positive outlook for stakeholders and investors.
Revenue from the food delivery segment in the USA is expected to show an annual growth rate (CAGR 2021-2024) of 7.5%, resulting in a market volume of $28,183m by 2024.
The statistic indicates that the revenue generated from the food delivery segment in the United States is projected to experience a Compound Annual Growth Rate (CAGR) of 7.5% from 2021 to 2024. This growth rate signifies the annual average rate at which the market revenue is expected to increase over the specified period. By 2024, it is estimated that the market volume for food delivery services in the USA will reach $28,183 million, reflecting the overall expansion and profitability of this industry sector. This data suggests a positive trend in consumer behavior towards ordering food for delivery, driven by factors such as convenience, technological advancements, and changing dining preferences.
63% of restaurant operators say offering delivery has generated incremental sales.
The statistic that 63% of restaurant operators report that offering delivery services has resulted in incremental sales indicates that the majority of those within the industry have observed a positive impact on revenue by expanding their business to include delivery. This implies that providing delivery services can have a tangible financial benefit for restaurants, leading to increased sales beyond their usual dine-in customers. By recognizing the potential of delivery as a revenue driver, restaurant operators may be incentivized to further invest in and optimize their delivery operations to capitalize on this growing trend and meet consumer demand for convenient food options.
In the United States, the average user of food delivery services spends around $575 annually.
The statistic that the average user of food delivery services in the United States spends approximately $575 annually indicates the level of spending by individuals utilizing this convenience. This figure captures the average amount of money individuals allocate towards ordering food for delivery throughout the year, reflecting the popularity and frequency of such services in the country. The $575 annual expenditure suggests that food delivery services have become a significant part of consumer habits and spending patterns, highlighting a growing trend towards convenience and efficiency in obtaining meals. This statistic can be valuable for businesses and policymakers in understanding consumer behavior and market trends within the food delivery industry.
As of March 2020, over half (51%) of US diners said they were likely to order delivery more often because of COVID-19.
The statistic ‘As of March 2020, over half (51%) of US diners said they were likely to order delivery more often because of COVID-19’ indicates that a majority of diners in the United States expressed a higher likelihood of choosing food delivery options as a result of the COVID-19 pandemic. This finding suggests that the public health crisis has significantly influenced consumer behavior, leading to a shift towards increased reliance on food delivery services for meals. This trend reflects a change in preferences driven by concerns about health and safety during the pandemic, highlighting the impact of COVID-19 on dining habits and the broader food service industry in the US at that time.
In 2021, 65% of Americans use delivery services at least once a week.
The statistic “In 2021, 65% of Americans use delivery services at least once a week” indicates that a significant majority of the American population relies on delivery services regularly. This statistic suggests a strong consumer demand for convenience and efficiency in receiving goods and services, potentially influenced by factors such as the ongoing COVID-19 pandemic, busy lifestyles, and the increasing popularity of online shopping. Understanding this statistic can be valuable for businesses in the delivery service industry, helping them tailor their services to meet the needs and preferences of their target market. It also sheds light on shifting consumer behavior trends and the importance of adapting to meet evolving customer expectations.
It is predicted that by 2024 the online food delivery market will reach 200 billion dollars worldwide.
The statistic, “It is predicted that by 2024 the online food delivery market will reach 200 billion dollars worldwide,” represents a forward-looking projection of the total market value of online food delivery services across the globe by the year 2024. This estimation suggests a substantial growth in the industry’s market size, indicating a significant increase in consumer demand for convenience and efficiency in food ordering and delivery services. Factors contributing to this projection may include the continued shift towards online and mobile food delivery platforms, changing consumer behaviors, advances in technology, and the expansion of online delivery services to more regions. This statistic highlights the potential for expansion and opportunity within the online food delivery sector in the coming years.
In 2020, revenue in the Online Food Delivery segment amounted to 136.43 billion dollars.
The statistic indicates that in the year 2020, the total revenue generated within the Online Food Delivery segment reached $136.43 billion. This figure represents the combined earnings from various online platforms that facilitate the ordering and delivery of food to customers. The substantial revenue in this sector reflects the increasing popularity and adoption of online food delivery services by consumers around the world. Factors such as convenience, variety of options, and accessibility have contributed to the growth of this industry, resulting in significant financial gains for businesses operating within this segment.
As of April 2020, Grubhub held a 23% share of the U.S. food delivery market.
The statistic indicates that as of April 2020, Grubhub held a 23% share of the U.S. food delivery market, meaning that out of all food delivery services operating in the United States, Grubhub accounted for approximately a quarter of the market. This suggests that Grubhub was one of the key players in the industry during that time period, likely competing with other major food delivery platforms such as Uber Eats, DoorDash, and Postmates. The percentage share provides insights into Grubhub’s market position and competitiveness, highlighting its significance and influence in the food delivery sector in the U.S. at that particular point in time.
By the end of 2022, digital ordering will make up over 60% of restaurant delivery orders.
The statistic suggests that by the end of 2022, the majority (over 60%) of orders for restaurant delivery services will be placed through digital platforms such as mobile apps, websites, or delivery aggregator platforms. This trend reflects the increasing popularity and convenience of digital ordering among consumers, driven by factors such as the proliferation of smartphones, changing consumer preferences for convenience and efficiency, and the impact of the COVID-19 pandemic on accelerating the adoption of online ordering options. As a result, restaurants are likely to continue investing in and expanding their digital capabilities to cater to the growing demand for online ordering and delivery services in the future.
88% of consumers are willing to pay for delivery if it gives them access to a restaurant they love.
The statistic “88% of consumers are willing to pay for delivery if it gives them access to a restaurant they love” highlights the significant impact of consumers’ attachment to their favorite restaurants on their willingness to pay for delivery services. This data suggests that a strong emotional connection to a particular dining establishment can override typical considerations of cost efficiency or convenience, as the majority of surveyed consumers are willing to incur additional fees for delivery if it means they can access the food they love. This finding underscores the importance of brand loyalty and the potential influence of emotional factors in consumer decision-making within the context of the food delivery industry.
Conclusion
Overall, the food delivery industry statistics indicate a rapidly growing and competitive market with evolving trends. It is clear that convenience, technology, and changing consumer preferences are driving this industry forward. As more players enter the market and innovation continues, staying informed about the latest statistics and trends will be crucial for businesses to thrive in this dynamic landscape.
References
0. – https://www.www.qsrmagazine.com
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2. – https://www.www.statista.com
3. – https://www.www.marketsandmarkets.com
4. – https://www.www.ft.com
5. – https://www.www.restaurantbusinessonline.com
6. – https://www.www.mordorintelligence.com
7. – https://www.secondmeasure.com
8. – https://www.www.prnewswire.com
9. – https://www.www.emarketer.com
10. – https://www.upserve.com
