Digital Food Delivery Market Growth Potential Is Booming Now: Just-Eat, Doordash, Deliveroo
The Global Digital Food Delivery Market was valued at USD 201267.42 Million in 2023 and is expected to reach USD 499887.85 Million by 2029, growing at a CAGR of 11.3% during 2023-2029.
Pune, Maharashtra -- (SBWire) -- 09/05/2023 --The Global Digital Food Delivery Market study with 132+ market data Tables, Pie charts & Figures is now released by HTF MI. The research assessment of the Market is designed to analyse futuristic trends, growth factors, industry opinions, and industry-validated market facts to forecast till 2029. The market Study is segmented by key a region that is accelerating the marketization. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. Some of the players studied are Meituan Waimai (China), Just-eat (United Kingdom), GrubHub (United States), Delivery Hero (Germany), UberEATS (United States), Doordash (United States), Postmates (United States), Takeaway.com (Netherlands), Mr. D food (South Africa), Deliveroo (United Kingdom).
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Definition:
Digital food delivery refers to the process of ordering and receiving food from restaurants, cafes, or other food establishments through online platforms and mobile applications. It involves using digital technology to facilitate the entire food ordering and delivery process, from selecting dishes to making payments and tracking the delivery in real-time.
Market Trends:
The rise of ghost kitchens (also known as cloud kitchens or virtual kitchens) and virtual restaurant brands was transforming the food delivery landscape. These kitchens operate solely for fulfilling online orders, enabling businesses to experiment with new culinary concepts and expand their offerings without the need for traditional brick-and-mortar establishments.
Market Drivers:
Digital food delivery offers unparalleled convenience, allowing customers to order their favorite meals from a wide range of restaurants without leaving their homes. This time-saving aspect was a significant driver, especially for busy individuals and families.
Market Opportunities:
Catering to health-conscious consumers by offering nutritious and balanced meal options could be a lucrative opportunity. Providing transparent nutritional information and highlighting healthy choices can attract a growing segment of health-focused customers.
Target Audience:
New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organization
Global Digital Food Delivery Market Competitive Analysis
Know your current market situation! Not just new products but ongoing products are also essential to analyse due to ever-changing market dynamics. The study allows marketers to understand consumer trends and segment analysis where they can face a rapid market share drop. Figure out who really the competition is in the marketplace, get to know market share analysis, market position, % Market Share, and segmented revenue.
Players Included in Research Coverage: Meituan Waimai (China), Just-eat (United Kingdom), GrubHub (United States), Delivery Hero (Germany), UberEATS (United States), Doordash (United States), Postmates (United States), Takeaway.com (Netherlands), Mr. D food (South Africa), Deliveroo (United Kingdom)
Additionally, Past Global Digital Food Delivery Market data breakdown, Market Entropy to understand development activity and Patent Analysis*, Competitors Swot Analysis, Product Specifications, and Peer Group Analysis including financial metrics are covered.
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Segmentation and Targeting
Essential demographic, geographic, psychographic, and behavioural information about business segments in the Digital Food Delivery market is targeted to aid in determining the features the company should encompass in order to fit into the business's requirements. For the Consumer-based market - the study is also classified with Market Maker information in order to understand better who the clients are, their buying behaviour, and patterns.
Digital Food Delivery Product Types In-Depth: Websites, , Mobile Applications
Digital Food Delivery Major Applications/End users: Business to Business (B2B), Business to Customer (B2C)
Digital Food Delivery Major Geographical First Level Segmentation:
- APAC (Japan, China, South Korea, Australia, India, and the Rest of APAC; the Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
- Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
- North America (U.S., Canada, and Mexico)
- South America (Brazil, Chile, Argentina, Rest of South America)
- MEA (Saudi Arabia, UAE, South Africa)
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Research Objectives:
- Focuses on the key manufacturers, to define, pronounce and examine the value, sales volume, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
- To share comprehensive information about the key factors influencing the growth of the market (opportunities, drivers, growth potential, industry-specific challenges and risks).
- To analyse the with respect to individual future prospects, growth trends and their involvement to the total market.
- To analyse reasonable developments such as agreements, expansions new product launches, and acquisitions in the market.
- To deliberately profile the key players and systematically examine their growth strategies.
FIVE FORCES & PESTLE ANALYSIS:
In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.
- Political (Political policy and stability as well as trade, fiscal, and taxation policies)
- Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
- Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
- Technological (Changes in digital or mobile technology, automation, research, and development)
- Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
- Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)
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