Summary
- • The global online food delivery market is expected to reach a value of $154.34 billion by 2023.
- • The average order value for food delivery in the United States is around $30.35.
- • Over 86 million Americans have used a food delivery app at least once.
- • The revenue in the Online Food Delivery segment is projected to reach $136.431 million in 2021 in the United States.
- • Online food delivery revenue is expected to show an annual growth rate (CAGR 2021-2025) of 8.8%, resulting in a projected market volume of $182.525 million by 2025.
- • 60% of U.S. consumers order delivery or takeout once a week.
- • By 2025, global food delivery app revenues are projected to grow to $38 billion.
- • Domino's Pizza has the largest market share in the United States food delivery market at 18.2%.
- • In 2020, the revenue from food delivery services in China reached approximately $51 billion.
- • The average monthly spend on food delivery in the United States is $177.
- • In the UK, the revenue in the Online Food Delivery segment amounts to US$5,363m in 2021.
- • Grubhub has the largest share of the food delivery market in the United States at 23.9%.
- • The global food delivery services market size is estimated to reach $154.34 billion by 2023.
- • Uber Eats is the most preferred food delivery app in the U.S. with 25.2% market share.
- • In India, the online food delivery market is expected to grow at a CAGR of 9.8% during 2021-2025.
In a world where Whats for dinner? is often answered with a tap on a screen, the online food delivery revolution is sizzling hot. With the global market set to hit a spicy $154.34 billion by 2023, and Americans dishing out an average of $30.35 per order, its clear that convenience comes with a price tag – but who can resist the allure of a hot meal at the click of a button? From Dominos reigning over the U.S. market at 18.2% to Uber Eats satisfying 25.2% of appetites, its a feast for tech-savvy foodies worldwide. Pull up a seat and dig into the delicious data revealing how were all just a tap away from a gourmet experience delivered straight to our doors.
Consumer behavior and trends in food delivery usage
- The average order value for food delivery in the United States is around $30.35.
- Over 86 million Americans have used a food delivery app at least once.
- 60% of U.S. consumers order delivery or takeout once a week.
- The average monthly spend on food delivery in the United States is $177.
- Uber Eats is the most preferred food delivery app in the U.S. with 25.2% market share.
- 32% of consumers spend $50 or more a month on food delivery.
- Food delivery apps experienced a 26% surge in downloads in 2020 compared to 2019.
- According to a survey, 75% of consumers prefer ordering directly from a restaurant's website instead of using a third-party app.
- In 2020, Grubhub reported 31.8 million active diners on its platform.
- Food delivery accounted for 34% of total restaurant sales in the U.S. in 2020.
- 47% of consumers say they prefer using mobile apps for food delivery over calling restaurants directly.
- 58% of U.S. consumers are more willing to try a new restaurant if it offers delivery services.
- Over 50% of consumers say they would choose a restaurant based on the availability of food delivery options.
- The market penetration rate for food delivery services in China reached 45.9% in 2020.
- In the U.S., online food delivery orders increased by 300% in the first quarter of 2021 compared to the same period in 2020.
- Grubhub saw a 31% increase in the number of active diners in the first quarter of 2021 compared to the same period in 2020.
- In Australia, food delivery services saw a 62% growth in demand during the COVID-19 pandemic.
- 70% of consumers say they are willing to pay more for food delivery if the service is faster.
- Food delivery orders have increased by 67% since the onset of the COVID-19 pandemic.
- The average delivery fee for food delivery platforms ranges from $3 to $5.
- The market penetration rate of food delivery services in South Korea reached 67.8% in 2020.
- 45% of consumers say they would rather order food delivery than cook at home.
- Food delivery apps like DoorDash, Uber Eats, and Grubhub saw a 125% increase in orders in 2020.
- 73% of U.S. consumers have used food delivery services, with DoorDash being the most popular choice.
- McDonald's saw a 70% increase in its delivery business in the United States in 2020.
- By 2022, the number of digital food delivery consumers in China is expected to reach over 400 million.
- The market penetration rate of food delivery platforms in the UK stood at 40% in 2020.
- 62% of consumers have ordered food delivery due to convenience and time-saving benefits.
Interpretation
In a world where convenience reigns supreme and the craving for a piping hot meal trumps the desire to cook, the statistics on food delivery paint a vivid picture of our modern-day dining habits. From the average order value of $30.35 to the staggering 86 million Americans who have embraced the ease of food delivery apps, it's clear that the allure of a delicious meal at the tap of a screen is undeniable. With online food delivery orders skyrocketing by 300% in the first quarter of 2021 alone, it's evident that the industry is not just delivering food – it's delivering a lifestyle. So next time you debate ordering in versus cooking, just remember: you're not alone in your love affair with food delivered straight to your doorstep. Let the food delivery apps revolutionize your dining experience, one delicious meal at a time.
Emerging concepts in the food delivery industry like dark kitchens
- Instacart, known for grocery delivery, expanded into alcohol and convenience items delivery during the pandemic.
Interpretation
Instacart, the savvy chameleon of the food delivery world, metamorphosed during the pandemic, spreading its wings beyond groceries to include alcohol and convenience items delivery. In a move that can only be described as evolution in action, Instacart seized the opportunity to cater to our insatiable craving for essentials, both of the liquid and instant gratification variety. As the world tilted on its axis, Instacart navigated the shifting landscape with cunning precision, proving once again that in the kingdom of food delivery, adaptability is king.
Financial performance and revenue statistics of online food delivery platforms
- In 2020, the revenue from food delivery services in China reached approximately $51 billion.
- In the UK, the revenue in the Online Food Delivery segment amounts to US$5,363m in 2021.
- Wolt's revenue reached €345 million in 2020, marking a substantial increase in the food delivery sector.
- McDonald’s McDelivery revenue increased by 50% globally in the first quarter of 2021.
- Uber Eats reported $4.8 billion in gross bookings in the first quarter of 2021.
- Swiggy, an Indian food delivery company, reports over 1.5 million orders per day.
- Zomato, an Indian food delivery service, saw a 40% increase in revenue in the fiscal year 2021.
- Globally, the average annual revenue per user in the food delivery sector is approximately $87.
- Just Eat Takeaway.com processed 257 million orders in 2020, making it one of the top players in the delivery industry.
- Deliveroo saw a 72% increase in orders in the first half of 2021, with strong growth in Europe.
- Swiggy, an Indian food delivery platform, witnessed a 45% growth in order value in the first half of 2021.
- In France, online food delivery sales exceeded €3 billion in 2020.
- Grubhub's revenue increased by 39% year-over-year in the first quarter of 2021.
Interpretation
In a world where our love for convenience competes with our desire for culinary delights, the realm of food delivery is not just about satisfying our hunger but also stimulating our economies. From the spicy hotpots of China to the elegant tea rooms of the UK, the numbers speak volumes - a $51 billion feast in China, a $5.36 billion banquet in the UK, and a €345 million taste of success for Wolt. As McDonald's McDelivery laughs all the way to the bank with a 50% revenue hike, Uber Eats zooms past with a whopping $4.8 billion in gross bookings. Meanwhile, Swiggy and Zomato in India race to fulfill 1.5 million orders a day, while the global food delivery average of $87 per user promises a lucrative future for the industry. Just Eat Takeaway.com solidifies its place at the table with 257 million orders, Deliveroo savors a 72% growth spurt, and Grubhub basks in a 39% revenue boost - proving that in the fast-paced world of food delivery, the only thing more appetizing than the meals is the money being made.
Global online food delivery market size and growth projections
- The global online food delivery market is expected to reach a value of $154.34 billion by 2023.
- The revenue in the Online Food Delivery segment is projected to reach $136.431 million in 2021 in the United States.
- Online food delivery revenue is expected to show an annual growth rate (CAGR 2021-2025) of 8.8%, resulting in a projected market volume of $182.525 million by 2025.
- By 2025, global food delivery app revenues are projected to grow to $38 billion.
- The global food delivery services market size is estimated to reach $154.34 billion by 2023.
- By 2024, the revenue in the online food delivery market in the UK is projected to reach $10.04 billion.
- The global online food delivery services market was valued at $107.44 billion in 2019.
- The food delivery market in the United States is projected to reach $201 billion by 2025.
- The global food delivery market size was valued at $107.4 billion in 2019.
- Online food delivery sales in Europe are expected to grow by 66% between 2020 and 2025.
- Quick service restaurant delivery sales in the U.S. are projected to exceed $23 billion by 2023.
- The food delivery industry in the U.S. is forecasted to reach $38.5 billion by 2025.
- The global online food delivery market size reached $151.7 billion in 2021.
- India's online food delivery market is projected to reach $5.9 billion by 2023.
Interpretation
In a world where scrolling through food delivery apps has become the new pastime, the numbers don't lie when they say that the food delivery industry is cooking up some serious dough. With projections soaring to billions of dollars faster than a pizza delivery in a busy Saturday night, it's clear that the appetite for convenience is insatiable. From the United States to the United Kingdom, from Europe to India, the global online food delivery market is on a fiery growth trajectory, leaving traditional dining experiences to simmer on the back burner. So, whether you're craving sushi from Japan or a burger from your local joint, one thing's for sure: the future is looking deliciously digitized.
Market growth and trends in specific regions like Germany
- The online food delivery market in Germany is expected to grow at a CAGR of 7.5% from 2021 to 2026.
Interpretation
The soaring growth rate of 7.5% in Germany's online food delivery market from 2021 to 2026 suggests that Germans are not just efficient at engineering and punctuality but also have a keen appetite for convenience. With a CAGR that high, it seems like the future of dining in Germany might involve more clicking than cooking. Perhaps soon we'll have to ask not "What's for dinner?" but "Who's delivering it?" Prost to the digital culinary revolution!
Market growth and trends in specific regions like India
- In India, the online food delivery market is expected to grow at a CAGR of 9.8% during 2021-2025.
- By 2024, the food delivery market size in India is projected to reach $12 billion.
Interpretation
The online food delivery market in India is on a gastronomic journey to success, with a growth rate that could make even the fastest delivery driver envious. By 2024, it seems that the appetite for convenience and culinary delights will lead the market to a hefty buffet of $12 billion. It's clear that in this digital age, Indians are not just ordering food – they're ordering a side of convenience and a main course of innovation, creating a recipe for a booming industry that's leaving traditional dining in the dust.
Market growth and trends in specific regions like Mexico
- The online food delivery segment in Mexico is expected to show a CAGR of 8.6% from 2021 to 2025.
Interpretation
As the digital dining revolution continues to simmer, the sizzling growth of Mexico's online food delivery market is set to reach a spicy CAGR of 8.6% from 2021 to 2025. This data not only reflects the nation's insatiable appetite for convenience and variety but also serves as a tantalizing reminder of the evolving tastes and trends that are reshaping the culinary landscape. With technology as the main course and customer satisfaction as the garnish, it appears that the future of food delivery is indeed on the menu – and Mexico is ready to feast.
Market growth and trends in specific regions like Singapore
- The online food delivery market in Singapore is expected to grow at a CAGR of 11% between 2021 and 2025.
Interpretation
As Singaporeans continue to embrace the convenience of having food delivered right to their doorstep, the online food delivery market appears to be on a growth trajectory spicier than a Szechuan pepper. With a projected Compound Annual Growth Rate of 11% from 2021 to 2025, it seems like our penchant for ditching the kitchen in favor of a few taps on a smartphone will only intensify. This soaring trend serves as a flavorful reminder that even in a fast-paced world, the allure of a piping hot meal just a few swipes away is an irresistible temptation that's here to stay.
Market growth and trends in specific regions like South Korea and Spain
- Domino's Pizza has the largest market share in the United States food delivery market at 18.2%.
- Grubhub has the largest share of the food delivery market in the United States at 23.9%.
- DoorDash holds the largest U.S. market share in food delivery at 56%.
- The global food delivery market is expected to grow at a CAGR of 11.56% from 2021 to 2026.
- The online food delivery market in India is expected to reach a value of $12.53 billion by 2023.
- The global cloud kitchen market size is projected to reach $71.4 billion by 2027.
- Just Eat Takeaway.com is the largest food delivery platform in Europe with a market share of 25.8%.
- The food delivery market in Latin America is projected to grow at a CAGR of 15.9% from 2021 to 2026.
- The global food delivery market is estimated to grow at a CAGR of 25.9% from 2021 to 2028.
- DoorDash held the largest market share of U.S. food delivery sales at 45% in March 2021.
- Delivery Hero is one of the largest food delivery companies globally, operating in over 40 countries.
- By the end of 2021, DoorDash is expected to have a 52.8% market share in the U.S. food delivery industry.
- The global cloud kitchen market is forecasted to reach $71.4 billion by 2027.
- Food delivery revenue in the United States is expected to show an annual growth rate of 6.3% from 2021 to 2025.
- The food delivery market in Brazil is expected to grow at a CAGR of 27% from 2021 to 2026.
- The food delivery industry in Australia grew by 47.5% in 2020, driven by the demand for contactless delivery during the pandemic.
- The food delivery market in South Korea reached KRW 9.9 trillion in 2020.
- The online food delivery market in Spain is expected to see a CAGR of 9.6% during 2021-2025.
- The global dark kitchen market is projected to reach $1.2 trillion by 2027.
Interpretation
In the fast-paced world of food delivery, numbers don't just speak, they shout with a side of extra ranch. With Domino's, Grubhub, DoorDash, and a whole smorgasbord of players vying for a piece of the pie, the statistics paint a picture of an industry that's spicier than a jalapeño pizza. From the rising global CAGR percentages that could rival a rollercoaster ride to the projected billions in market value that could make even the most seasoned restaurateur drool, it's clear that this delivery game isn't just about bringing food to your doorstep—it's about seizing a slice of the future before it's served.