Online Orders Take Bigger Share of Food Delivery Market Source: AlphaWise, Morgan Stanley Research. Just Eat and Takeaway.com, the two veterans of the market, agreed a merger valuing the combined company at a whopping £9bn. The number of people using food delivery services across Europe is expected to reach 96.9 million by 2024 (Statista) 80% of Americans have ordered food for home delivery at some stage (Grubhub) 34% of food delivery customers used Uber Eats between February and April 2020 (Forbes) 63% of people between the ages of 18 and 29 are more likely to . Europe Online Food Delivery Market is anticipated to be valued US$ 20.27 Billion by 2026, growing with a 5.83% CAGR from 2020 to 2026. The global Online Food Delivery market was valued at 82700 million in 2020 and is projected to reach US$ 105280 million by 2027, at a CAGR of 6.2% during the forecast period. Global Food Delivery Market Share by Regions (2021-2026) Figure 18. The global online food delivery services market is expected grow from $115.07 billion in 2020 to $126.91 billion in 2021 at a compound annual growth rate (CAGR) of 10.3%. 6.1 By Segment 6.2 By Platform Type Just . But in terms of sheer numbers, Asia accounts for a massive 55% share of the global online food delivery market, thanks to the Chinese dragon's seemingly insatiable appetite. Dublin, April 01, 2022 (GLOBE NEWSWIRE) -- The "Europe Online Food Delivery Market, Forecast 2022-2027, Industry Trends, Share, Insight, Growth, Impact of COVID-19, Company Analysis" report has . Dublin, IRELAND. LOGIN TO ACCESS EXECUTIVE SUMMARY ; Deliveroo; Just Eat; Delivery Hero; . Leading the pack as of 2017 is Just Eat with 40% of Europe's market share, followed by Deliveroo and . Europe Online Food Delivery Market is anticipated to be valued US$ 20.27 Billion by 2026, growing with a 5.83% CAGR from 2020 to 2026. Looking forward, IMARC Group expects the market to reach US$ 223.7 Billion by 2027, exhibiting at a CAGR of 11.44% during 2022-2027. It's been a busy few weeks for Europe's food delivery companies. With the fast-paced lives, online food delivery has a priority audience of the millennials for food delivery services as they tend to spend the greater share of their budgets on prepared food in comparison with the other generations. European food delivery companies are betting on success in the sizeable Japanese market with Wolt and Delivery Hero-owned Foodpanda expanding into the country. Europe Online Food Delivery Market Europe Online Food Delivery Market Dublin, April 01, 2022 (GLOBE NEWSWIRE) -- The "Europe Online Food Delivery Market, Forecast 2022-2027, Industry Trends, Share, Insight, Growth, Impact of COVID-19, Company Analysis" report has been added to ResearchAndMarkets.com's offering. They tend to spend a more significant share of their budgets on prepared food than the other generations. 9.1 Europe Online Food Delivery Market by value: Size and Forecast (2016-2026) . Published by Daniela Coppola , Jan 31, 2022. DUBLIN, March 30, 2022--(BUSINESS WIRE)--The "Europe Online Food Delivery Market, Forecast 2022-2027, Industry Trends, Share, Insight, Growth, Impact of COVID-19, Company Analysis" report has been added to ResearchAndMarkets.com's offering.. Europe Online Food Delivery Market is project to reach US$ 66.2 Billion by 2027. Major players in the online food delivery services market are takeaway.com, Doordash, Deliveroo, Uber eats, Zomato, Swiggy, Domino's pizza, Grubhub, foodpanda, and Just eat. The online food delivery market is projected to register a CAGR of 6.24% during the forecast period (2022 - 2027). Food Delivery Restaurant Bookings Meal Substitutes Agritech Waste Reducing Delivery & portal Online Supermarkets:: Own fleet Delivery software Vertically integrated 6. Uber Eats generated revenues of $2.9 billion in 2019. The company is a subsidiary of Uber, which is a ride-hailing company. The global food delivery services market size was USD 130.50 Billion in 2020 and is expected to reach USD 311.43 Billion in 2028 and register a CAGR of 11.4%. Europe Online Food Delivery Market is anticipated to be valued US$ 20.27 Billion by 2026, growing with a 5.83% CAGR from 2020 to 2026. Table-01: Europe - Online Food Delivery Market Share by Country (Percentage), 2017 - 2020 Table-02: Europe - Forecast for Online Food Delivery Market Share by Country (Percentage), 2021 - 2026. 1 This study looks at how technology is Europe Online Food Delivery Services Market By Channel, From 2021 . Europe: Revenue for . Online food ordering market in Europe has grown multiple . Revenue for online food delivery in Europe is experiencing double-digit growth rates and could reach $25bn by 2023, according to Deloitte. With the fast-paced lives in Europe, online food delivery has a priority audience of the millennials for food delivery services. 7.5.1 Europe Online Food Delivery Services Market Under COVID-19 With the fast-paced lives in Europe, online food delivery has a priority . Note: Product cover images may vary from those shown. European Food Delivery Mobile Application Market (2020-2027) 6.1. Influencing Market Trend. Regardless, Amazon seems to be betting on Deliveroo as its future in food delivery, after the e-commerce giant shut down their own attempt, Amazon Restaurants in 2019. The COVID-19 pandemic has helped accelerate DoorDash's rapid growth and market dominance. Porter's Five Forces Analysis Figure 19. Until now, the biggest growth has been in developed markets and in the largest emerging market . Existing estimates suggest that the market is experiencing double-digit growth rates and could be worth $25bn by 2023. By End Users, Food Ordering Market Places dominated the market with a 56 % share in 2020. Delivery Hero's presence around the world before its IPO in 2017.. Edison, NJ -- ( SBWIRE) -- 02/01/2021 -- A new business intelligence report released by HTF MI with title "COVID-19 Outbreak-Global Food Delivery Industry Market Report-Development Trends, Threats, Opportunities and Competitive Landscape in 2020" is designed covering micro level of analysis by manufacturers and key business segments. 2.6.2 Online Food Delivery Services Market Share of Top 3 and Top 6 Players 2.6.3 Mergers and Acquisitions, Expansion . Food delivery is growing rapidly across Europe. 1. Due to its similar business model, Uber has also found success in the online food delivery market through Uber Eats. The number of people using digital food delivery has risen from 1.3bn in 2014 to 2.1bn in 2020. We expect that Online Delivery Market of Europe to grow with 5 . In the UK, where there has probably been the most innovation in this space, we have seen Sainsbury's launching its ChopChop app-based service in 20 cities, offering deliveries within 60 minutes of up to 20 items for a flat fee of £4.99 and a minimum spend of £15. An increasing trend of online food delivery apps has fueled the market. Online […] With the continuous growth of the food delivery industry, it is expected to increase the U.S. market penetration in 5 years to 13%. According to the latest report by IMARC Group, titled "India Online Food Delivery Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026", the Indian online food delivery market reached a value of US$ 4.35 Billion in 2020. Figure 16. By combining these data-points, a market model was constructed to estimate the size and market share of key European markets Eating habits . That was, however, until it decided to shut it down in August.. Out of all delivery services, Grubhub has the largest market share, taking in 44% of food delivery orders in 2017.But in terms of a diverse portfolio and number of restaurants offered… Not surprisingly, online food delivery is a hot topic within the restaurant industry. Meanwhile, venture capitalists continue to have a healthy appetite for the sector: over €1.6bn was invested in European food logistics and delivery businesses in 2019, according to Dealroom data. 6.2.2 Global Food Delivery Apps Market Forecast Revenue and Market Share by Types(2022-2029) 6.3 Global Food Delivery Apps Sales, Price and Growth Rate by Types(2017-2022) 7 Market Analysis and . This would mean the industry would see a 51% increase during the period. The Delivery Hero Group was founded in 2011 in Berlin, Germany as a pivot of founder Niklas Östberg's previous food delivery business in Sweden. Since the market is so segmented, large players are partnering with smaller players to maintain a significant share of market share, increasing market profitability. . Online food ordering market in Europe has grown multiple . Here's our list of the 15 largest food delivery companies in the . The market has been growing with more and more service options, especially since Uber Eats expanded its business to Japan in September 2016. The Most Popular Food Delivery App in the U.S. Add to Cart PDF E-mail From Publisher: $2,490 . Online food ordering market in Europe has grown multiple . . Uber Eats announced plans to start delivering grocery items. The online food delivery market is estimated to have generated more than $14.5 billion in Europe so far this year, according to Statista, with roughly 154 million users, a veritable cash cow for ambitious startups and established businesses. This would mean the industry would see a 51% increase during the period. Grubhub was even further saturated in the U.S. market due to Eat24, which it bought for $287 million from Yelp. The global market size, share along with dynamics are covered in the online food delivery market report Global Food Delivery Market Share by Players in 2019 Figure 20. Deliveroo told customers it would be pulling out of Germany, while . Just . In the United States, the market has more than doubled during the COVID-19 pandemic, following healthy historical growth of 8 percent. Introduction Europe Online Food Delivery Services Market Share by Application (2015-2020) Source. By combining these data-points, a market model was constructed to estimate the size and market share of key European markets Eating habits . European food delivery giant Just Eat Takeaway.com is in advanced talks to buy U.S. rival GrubHub for $7.3 billion, grabbing a share of the surging U.S. market and creating the world's . Consumers have been held at home due to government-imposed lockdowns, preventing regular shopping habits. But, telephone orders are also a still account for the largest share of orders, thus increasing the number of meal . We expect that Online Delivery Market of Europe to grow with 5 . Food delivery downloads by app Delivery Hero is once again ahead in total app downloads, although Uber Eats had the most single app downloads by 26.5 million in 2021, with DoorDash in second place. Even so, DoorDash's market capitalisation is $58bn, more than that of Delivery Hero ($31bn) and Just Eat Takeaway.com ($13bn), the two big European food-delivery firms, combined. For example, the food delivery market is estimated to be worth 6.2 billion British pounds in 2017, via online delivery concepts. Swiss investment bank UBS predicted in June last year that the global online food delivery market could grow more than tenfold in the next decade — from $35 billion in 2018 to around $365 . DoorDash pulled ahead of the competition in 2020 and currently has 57 percent of market share in the US, the second largest market for food delivery. We expect global food delivery revenue to rise at a CAGR of 10% from 2020 to 2024. Food Delivery App Revenue (Europe) By the end of 2021, the online food delivery app revenue is predicted to generate around $20.5 billion. The Europe Online Food Delivery Market, Forecast 2022-2027, Industry Trends, Share, Insight, Growth, Impact of COVID-19, Company Analysis report has been. Estonia's Bolt, a popular ride-sharing service in Eastern Europe and Africa, on Wednesday launched food delivery service in its home town of Tallinn, the nation's capital, and said it plans to . Europe Online Food Delivery Market is anticipated to be valued US$ 20.27 Billion by 2026, growing with a 5.83% CAGR from 2020 to 2026. According to a new report by EMR titled, 'Online Food Delivery Market Size, Share, Report Industry Analysis 2022-2027', the industry is expected to grow at a CAGR of 14.5% between 2021 and 2026 to reach a value of almost USD 465 billion by 2026. . By far, the most common form of delivery . We expect that Online Delivery Market of Europe to grow with 5.83% CAGR from 2020 to 2026. Food Delivery Restaurant Bookings Meal Substitutes Agritech Waste Reducing Delivery & portal Online Supermarkets:: Own fleet Delivery software Vertically integrated 6. As of Februrary, Deliveroo's market share had jumped up to percent 26%, just behind Uber Eats at 27% . DoorDash had the largest share of the Online Food Delivery Services Market in terms of sales and revenue in 2018. . DUBLIN, March 30, 2022--The "Europe Online Food Delivery Market, Forecast 2022-2027, Industry Trends, Share, Insight, Growth, Impact of COVID-19, Company Analysis" report has been added to . The company competed on a global scale through an active M&A process that led to acquisitions in Europe, Asia, and Latin America. This statistic presents the leading players in the ready-made meal/food delivery market in Europe based on market share as of 2017. Grocery retailers launch their own in-house express delivery services. Most Popular Insights. Request Now! TOPLINE. This week, Finland's Wolt, fresh . Food delivery services industry report classifies global market by share, trend, growth and on the basis of platform, model, type, payments, and region 14.1 Market Share of global leading companies 14.2 Competitive Positioning of Global Leading Companies Introduction The US food delivery market share of UberEats stands at 29%, increasing 4% from FY20 (22%) It is the most preferred food delivery app globally, with gross bookings crossing $30.2 million in 2020. . register in Food Ordering Market Places. The report titled "Europe Online Food Delivery Market & User (Platform to Consumer Delivery and Restaurant to Consumer Delivery), Country (Germany, United Kingdom, France, Italy, Russia [Market, User, Penetration Rate and Share Analysis] ), Company . With their help, Deliveroo has managed to stay a top competitor in the UK. Nowadays, food delivery has become a global market worth more than $150 billion, having more than tripled since 2017. It has already matured in most countries, with an overall annual growth rate estimated at just 3.5 percent for the next five years. European . Market Share - Europe Online Food Delivery Analysis. Europe Online Food Delivery Services Market Size by Application (2015-2020) (Million US$) Table 43. Europe Online Food Delivery Market is project to reach US$ 66.2 Billion by 2027 . Dublin, IRELAND. Table Of Content Table of Content 1 Report Overview 1.1 Study Scope 1.2 Key Market Segments 1.3 Regulatory Scenario by Region/Country 1.4 Market Investment Scenario Strategic 1.5 Market Analysis by Type 1.5.1 Global Food Delivery Market Share by Type (2020-2026) 1.5.2 Order Focused Food Delivery System 1.5.3 Logistics Based Food Delivery System 1.5.4 Full-Service Food Delivery System 1.6 . The majority of restaurants, hotels, etc. Until now, the biggest growth has been in developed markets and in the largest emerging market . Meanwhile, venture capitalists continue to have a healthy appetite for the sector: over €1.6bn was invested in European food logistics and delivery businesses in 2019, according to Dealroom data. 1.5.1 Global Online Food Delivery Services Market Share by Application: 2020 VS 2026 1.5.2 B2B 1.5.3 B2C 1.5.4 Others 1.6 Study Objectives 1.7 Years Considered . We expect global food delivery revenue to rise at a CAGR of 10% from 2020 to 2024. Market Overview: The global online food delivery market reached a value of US$ 106.1 Billion in 2021. Online food ordering market in Europe has grown multiple . Looking forward, IMARC Group expects the market to grow at a CAGR of 30.1% during 2021-2026. 6.2.2 Global Food Delivery Apps Market Forecast Revenue and Market Share by Types(2022-2029) 6.3 Global Food Delivery Apps Sales, Price and Growth Rate by Types(2017-2022) 7 Market Analysis and . Worldwide, the market for food delivery stands at €83 billion, or 1 percent of the total food market and 4 percent of food sold through restaurants and fast-food chains. After DoorDash, Uber Eats is the biggest food delivery company in the US with almost 22% market share. MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Online Food Delivery companies, and industry experts on this industry, involving the revenue, demand, product type . 7.3.3 Europe Food Delivery Market Share by Application (2017-2028) 7.4 Europe Food Delivery Market Size by Country 7.4.1 Europe Food Delivery Market Size by Country (2017-2022)

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