We expect global food delivery revenue to rise at a CAGR of 10% from 2020 to 2024. 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 . Grocery retailers launch their own in-house express delivery services. China alone . The number of people using digital food delivery has risen from 1.3bn in 2014 to 2.1bn in 2020. 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. Grubhub was even further saturated in the U.S. market due to Eat24, which it bought for $287 million from Yelp. This would mean the industry would see a 51% increase during the period. DoorDash had the largest share of the Online Food Delivery Services Market in terms of sales and revenue in 2018. . The food delivery company increased its market share from under 20% in 2018 to 53% in 2021.. As the world stayed indoors to weather the pandemic, the entire U.S. delivery app market grew 48.3% within the first couple months of 2020. An increasing trend of online food delivery apps has fueled the market. Uber Eats generated revenues of $2.9 billion in 2019. Global Food Delivery Market Share by Regions (2021-2026) Figure 18. It's been a busy few weeks for Europe's food delivery companies. NEW YORK, April 5, 2021 /PRNewswire/ -- The food delivery services market is expected to grow by $ 215.56 bn, progressing at a CAGR of over 12% du. 14.1 Market Share of global leading companies 14.2 Competitive Positioning of Global Leading Companies "More than 90% of the public restaurant companies we cover have embraced this new segment," says Glass, noting that restaurants have started looking beyond . 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. 6.1 By Segment 6.2 By Platform Type . 1. 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. Leading the pack as of 2017 is Just Eat with 40% of Europe's market share, followed by Deliveroo and . 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. Market Share - Europe Online Food Delivery Analysis. 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. . The Europe Online Food Delivery Market, Forecast 2022-2027, Industry Trends, Share, Insight, Growth, Impact of COVID-19, Company Analysis report has been. Figure 16. 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%. 1 This study looks at how technology is 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) Delivery Hero's presence around the world before its IPO in 2017.. Add to Cart PDF E-mail From Publisher: $2,490 . 6.2.2 Global Food Delivery Apps Market Forecast Revenue and Market Share by Types(2022-2029) 6.3 Global Food Delivery Apps Sales, Price and Growth Rate by Types(2017-2022) 7 Market Analysis and . That was, however, until it decided to shut it down in August.. Out of all delivery services, Grubhub has the largest market share, taking in 44% of food delivery orders in 2017.But in terms of a diverse portfolio and number of restaurants offered… Meanwhile, venture capitalists continue to have a healthy appetite for the sector: over €1.6bn was invested in European food logistics and delivery businesses in 2019, according to Dealroom data. 9.1 Europe Online Food Delivery Market by value: Size and Forecast (2016-2026) . Online food ordering market in Europe has grown multiple . Europe Online Food Delivery Services Market Share by Application (2015-2020) The Most Popular Food Delivery App in the U.S. Online […] The number of people using food delivery services across Europe is expected to reach 96.9 million by 2024 (Statista) 80% of Americans have ordered food for home delivery at some stage (Grubhub) 34% of food delivery customers used Uber Eats between February and April 2020 (Forbes) 63% of people between the ages of 18 and 29 are more likely to . Europe Online Food Delivery Market is project to reach US$ 66.2 Billion by 2027 . Porter's Five Forces Analysis Figure 19. Online food ordering market in Europe has grown multiple . Consumers have been held at home due to government-imposed lockdowns, preventing regular shopping habits. 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. 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. . 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 . Europe Online Food Delivery Market By Region, From 2022 - 2027 ( USD Billion ) U.K. Fast Food Market By Type, From 2022 - 2027 ( USD Billion ) . This week, Finland's Wolt, fresh . 2.6.2 Online Food Delivery Services Market Share of Top 3 and Top 6 Players 2.6.3 Mergers and Acquisitions, Expansion . MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Online Food Delivery companies, and industry experts on this industry, involving the revenue, demand, product type . 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. Revenue for online food delivery in Europe is experiencing double-digit growth rates and could reach $25bn by 2023, according to Deloitte. Online food ordering market in Europe has grown multiple . The market has been growing with more and more service options, especially since Uber Eats expanded its business to Japan in September 2016. Nowadays, food delivery has become a global market worth more than $150 billion, having more than tripled since 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. Food delivery is growing rapidly across Europe. 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 . Uber Eats has the second-largest share at 28%. In 2020, Uber Eat, Glovo, delivery Club, Just Eat and Deliveroo are the top five highest installed food delivery apps across Europe. Existing estimates suggest that the market is experiencing double-digit growth rates and could be worth $25bn by 2023. Food delivery services industry report classifies global market by share, trend, growth and on the basis of platform, model, type, payments, and region By End Users, Food Ordering Market Places dominated the market with a 56 % share in 2020. In 2020, Uber Eat, Glovo, delivery Club, Just Eat and Deliveroo are the top five highest installed food delivery apps across Europe. With the fast-paced lives in Europe, online food delivery has a priority audience of the millennials for food delivery services. Dublin, IRELAND. Online food ordering market in Europe has grown multiple . 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 . They tend to spend a more significant share of their budgets on prepared food than the other generations. 1. Just . Due to its similar business model, Uber has also found success in the online food delivery market through Uber Eats. Food Delivery Restaurant Bookings Meal Substitutes Agritech Waste Reducing Delivery & portal Online Supermarkets:: Own fleet Delivery software Vertically integrated 6. In 2022, it's expected to reach $23.0 billion. With their help, Deliveroo has managed to stay a top competitor in the UK. 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. Until now, the biggest growth has been in developed markets and in the largest emerging market . 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 . LOGIN TO ACCESS EXECUTIVE SUMMARY ; Deliveroo; Just Eat; Delivery Hero; 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 . Japan's online food delivery market is expected to register a revenue growth of 23.6% this year, compared to 14.4% in 2019. . 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. Apr 20, 2022 (The Expresswire) -- "Online Food Delivery Services Professional Market"2022-2029 development strategy pre and post covid-19, by corporate. By combining these data-points, a market model was constructed to estimate the size and market share of key European markets Eating habits . Most Popular Insights. Until now, the biggest growth has been in developed markets and in the largest emerging market . Published by Daniela Coppola , Jan 31, 2022. Table 07: Europe Online Food Delivery Market Share by Country (Percent), 2018 - 2021 Table 08: Forecast for - Europe Online Food Delivery Market Share by Country (Percent), 2022 - 2027. With the fast-paced lives in Europe, online food delivery has a priority . 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. In the United States, the market has more than doubled during the COVID-19 pandemic, following healthy historical growth of 8 percent. 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 Historical Market: Breakup by Country (USD Billion), 2017-2021 13 . European food delivery companies are betting on success in the sizeable Japanese market with Wolt and Delivery Hero-owned Foodpanda expanding into the country. Food Delivery App Revenue (Europe) By the end of 2021, the online food delivery app revenue is predicted to generate around $20.5 billion. Online Food Delivery Market of Europe to grow with a double-digit CAGR of 10.7% from 2021 to 2027. . By far, the most common form of delivery . With the fast-paced lives, online food delivery has a priority audience of the millennials for food delivery services as they tend to spend the greater share of their budgets on prepared food in comparison with the other generations. Uber Eats announced plans to start delivering grocery items. . Europe Online Food Delivery Market is anticipated to be valued US$ 20.27 Billion by 2026, growing with a 5.83% CAGR from 2020 to 2026. The number of people using digital food delivery has risen from 1.3bn in 2014 to 2.1bn in 2020. Europe Online Food Delivery Market is project to reach US$ 66.2 Billion by 2027. We expect that Online Delivery Market of Europe to grow with 5.83% CAGR from 2020 to 2026. 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. 7.5.1 Europe Online Food Delivery Services Market Under COVID-19 Online Food Delivery Services Market Size is estimated to experience reasonable growth to record a CAGR of 11.39% throughout the foreseen period (2021-2026). Looking forward, IMARC Group expects the market to grow at a CAGR of 30.1% during 2021-2026. The global market size, share along with dynamics are covered in the online food delivery market report Dublin, IRELAND. Global Food Delivery Market Share by Players in 2019 Figure 20. By combining these data-points, a market model was constructed to estimate the size and market share of key European markets Eating habits . cannot afford and maintain their application. 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 . 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. With the continuous growth of the food delivery industry, it is expected to increase the U.S. market penetration in 5 years to 13%. 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 . Global online food delivery industry size was valued at USD 72.1 billion in 2020. We expect that Online Delivery Market of Europe to grow with 5 . The company competed on a global scale through an active M&A process that led to acquisitions in Europe, Asia, and Latin America. TOPLINE. This would mean the industry would see a 51% increase during the period. Just Eat accounted . The majority of restaurants, hotels, etc. Market Overview: The global online food delivery market reached a value of US$ 106.1 Billion in 2021. Since the market is so segmented, large players are partnering with smaller players to maintain a significant share of market share, increasing market profitability. This statistic presents the leading players in the ready-made meal/food delivery market in Europe based on market share as of 2017. For example, the food delivery market is estimated to be worth 6.2 billion British pounds in 2017, via online delivery concepts. 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. Online Food Delivery Market is anticipated to reach USD XX.X MN by 2028, this market report provides the growth, trends, key players & forecast of the market based on in-depth research by industry experts. The market size of food delivery in Japan in 2018 was 408 billion yen (3.8 billion U.S. dollars), which increased by 5.9% from the previous year. Just . Just Eat and Takeaway.com, the two veterans of the market, agreed a merger valuing the combined company at a whopping £9bn. 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. Influencing Market Trend. The COVID-19 pandemic has wreaked havoc on most facets of life, including people's ability to access products. We expect global food delivery revenue to rise at a CAGR of 10% from 2020 to 2024. Here's our list of the 15 largest food delivery companies in the . 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 online food delivery market is estimated to have generated more than $14.5 billion in Europe so far this year, according to Statista, with roughly 154 million users, a veritable cash cow for ambitious startups and established businesses. It has already matured in most countries, with an overall annual growth rate estimated at just 3.5 percent for the next five years. DUBLIN, March 30, 2022--The "Europe Online Food Delivery Market, Forecast 2022-2027, Industry Trends, Share, Insight, Growth, Impact of COVID-19, Company Analysis" report has been added to . But, telephone orders are also a still account for the largest share of orders, thus increasing the number of meal . The company is a subsidiary of Uber, which is a ride-hailing company. Europe Online Food Delivery Market is anticipated to be valued US$ 20.27 Billion by 2026, growing with a 5.83% CAGR from 2020 to 2026. The COVID-19 pandemic has helped accelerate DoorDash's rapid growth and market dominance. Online Orders Take Bigger Share of Food Delivery Market Source: AlphaWise, Morgan Stanley Research. Europe: Revenue for . 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 . Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well . By 2025, the European market for online food delivery is expected to exceed 60 billion dollars, as a large share of consumers in the region intend to continue using delivery options even once the . Note: Product cover images may vary from those shown. Europe Online Food Delivery Services Market By Channel, From 2021 . register in Food Ordering Market Places. As of Februrary, Deliveroo's market share had jumped up to percent 26%, just behind Uber Eats at 27% . Revenue for online food delivery in Europe is experiencing double-digit growth rates and could reach $25bn by 2023, according to Deloitte. 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. 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. European Food Delivery Mobile Application Market (2020-2027) 6.1. Delivery Hero is anticipated to cover around 4% of the European market share. Just Eat commands 42% of the European food delivery market share, followed by the platform-to-customer apps with Deliveroo - 23% and UberEats . Not surprisingly, online food delivery is a hot topic within the restaurant industry. Introduction The online food delivery market is projected to register a CAGR of 6.24% during the forecast period (2022 - 2027). Source. 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 $365 . Europe Online Food Delivery Market Europe Online Food Delivery Market Dublin, April 01, 2022 (GLOBE NEWSWIRE) -- The "Europe Online Food Delivery Market, Forecast 2022-2027, Industry Trends, Share, Insight, Growth, Impact of COVID-19, Company Analysis" report has been added to ResearchAndMarkets.com's offering. Global Food Delivery Market Share by Regions: 2020 VS 2026 Figure 17. DUBLIN, March 30, 2022--(BUSINESS WIRE)--The "Europe Online Food Delivery Market, Forecast 2022-2027, Industry Trends, Share, Insight, Growth, Impact of COVID-19, Company Analysis" report has been added to ResearchAndMarkets.com's offering.. Europe Online Food Delivery Market is project to reach US$ 66.2 Billion by 2027. We expect that Online Delivery Market of Europe to grow with 5 . Europe Online Food Delivery Services Market Size by Application (2015-2020) (Million US$) Table 43. Pocket Widget. 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. . Food Delivery Restaurant Bookings Meal Substitutes Agritech Waste Reducing Delivery & portal Online Supermarkets:: Own fleet Delivery software Vertically integrated 6. European . After DoorDash, Uber Eats is the biggest food delivery company in the US with almost 22% market share. 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