GITNUX MARKETDATA REPORT 2024

Statistics About The Least Expensive Food Delivery

The least expensive food delivery service will have a lower mean cost compared to other options in the market.

Last Updated: June 23, 2024

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In this post, we explore key statistics surrounding the least expensive food delivery options in the market, shedding light on consumer preferences and industry trends. From the popularity of Uber Eats to the significant market shares held by various delivery services, these statistics provide valuable insights into the dynamics of the food delivery industry and the factors driving consumer choices. Let’s dive into the numbers that shape the world of affordable food delivery.

Statistic 1

"There are over 20 million users on the cheapest food delivery app, Uber Eats as of 2020."

Statistic 2

"According to a 2018 report by Forbes, Uber Eats is typically the cheapest food delivery service, costing on average $1.63 per mile."

Statistic 3

"32% of surveyed consumers noted price as their most important consideration when choosing a food delivery service, in a 2020 study by Statista."

Statistic 4

"Grubhub captured 26.7% of food delivery sales in 2020 in the U.S., despite not being the cheapest option."

Statistic 5

"Instacart, while not the cheapest, still had a 57% share of grocery delivery in the U.S. in 2020."

Statistic 6

"40% of U.S. consumers used food delivery services at least once per week in 2020, regardless of cost."

Statistic 7

"Independent restaurants accounted for 68% of the total number of restaurant partnerships with delivery apps in 2020."

Statistic 8

"60% of restaurant operators in the U.S. stated that offering delivery has generated incremental sales."

Statistic 9

"20% of consumers stated they spend more on off-premise orders compared to a regular dine-in experience, suggesting a willingness to pay for delivery despite the cost."

Statistic 10

"34% of Americans use delivery services because they don't want to leave the house, not because of the price."

Statistic 11

"In an analysis done by Second Measure in 2020, DoorDash accounted for 45% of meal delivery sales in the U.S., even though it is not the cheapest option."

Statistic 12

"In a survey done by the National Restaurant Association, 78% of customers stated that they only order from restaurant delivery services if they offer a seamless delivery experience, regardless of the cost."

Statistic 13

"57% of millennials reported that they have a preference for less expensive food delivery options."

Statistic 14

"53% of diners agree that they would rather order delivery directly from the restaurant as this tends to be cheaper."

Statistic 15

"The global food delivery market is expected to reach $154.34 billion in 2023, indicating a demand regardless of price."

Statistic 16

"The CAGR for the global online delivery market is predicted to be 7.5% until 2024, meaning business continues to boom irrespective of price hikes."

Statistic 17

"62% of U.S. adults stated that they purchase takeout or delivery at least once a week, hinting that service and convenience often trump cost."

Statistic 18

"46% of surveyed consumers prefer to order from a platform that offers cashbacks or discounts, indicating that price does matter to a significant portion of the market."

In conclusion, the statistics gathered provide a nuanced understanding of the dynamics within the food delivery market. While price plays a significant role in consumer decision-making, with a notable percentage prioritizing affordability, other factors such as convenience, service quality, and seamless delivery experiences also heavily influence choices. The data reflects a diverse landscape where different platforms like Uber Eats, Grubhub, Instacart, and Doordash cater to varying consumer preferences, demonstrating that a one-size-fits-all approach does not apply in this competitive industry. As the market continues to grow rapidly, reaching billions in value, businesses must adapt their strategies to offer a balance of competitive pricing and exceptional service to meet evolving consumer expectations and secure their position in an increasingly crowded market.

Jannik Lindner

Jannik is the Co-Founder of Gitnux and has been working in the digital space since 2016. He is specialized in content and tech.

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