food delivery industry trends


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  • How big is the market for food delivery?

    The global Online Food Delivery market size was valued at USD 168826.4 million in 2022 and is expected to expand at a CAGR of 10.97% during the forecast period, reaching USD 315183.2 million by 2028.

  • Market share of the leading online food delivery companies U.S. 2024.
    With a market share of 66 percent, DoorDash dominated the online food delivery market in the United States as of January 2024.

  • What is the target market for food delivery services?

    Millennials are the most important target segment for online food delivery services because these subset of customers are familiar with business websites and expect engagement similar to on-demand online food service.

  • What is the future of the food delivery market?

    The online food delivery market worldwide was valued at around USD 130.8 billion in 2023.
    It is expected to grow at a CAGR of 13.2% between 2024 and 2032 to reach approximately USD 275.22 billion by 2032.19 oct. 2023

    • Market trend #1: The unstoppable rise of food delivery services.
    • Market trend #2: Meal kit delivery on an upward swing.
    • Market trend #3: Ghost kitchens busted.
    • Market trend #4: Global food tech market ascendant.
    • Tech trend #1: Restaurant management systems attract interest.
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