MENA Online Food Delivery Market (Service Type - Restaurant-controlled, Food App Services, Independent, and Others; Channel Type - Websites/ Desktop, and Mobile Applications; Mode of Transaction - Cash on Delivery, and Online): Industry Analysis, Trends,

A recent report ongoing study by Infinium Global Research on the online food delivery market provides an in-depth analysis of segments and sub-segments in the MENA as well as regional online food delivery market. The study also highlights the impact of drivers, restraints, and macro indicators on the MENA and regional online food delivery market over the short term as well as long term. The report is a comprehensive presentation of trends, forecasts, and dollar values of the MENA online food delivery market. The MENA online food delivery market was valued at USD 7.30 billion in 2022 and is expected to reach USD 27.05 billion in 2030, with a CAGR of 17.79% during the forecast period 2023-2030.

Market Insight

MENA online food delivery refers to the digital platform-based service in the Middle East and North Africa (MENA. region that allows customers to order food from local restaurants through websites or mobile apps. It offers a convenient way for users to browse menus, place orders, and have meals delivered to their doorstep, promoting ease and accessibility in the food delivery process across a diverse and geographically extensive area. Additionally, the online food delivery industry in the MENA region has significant growth potential. With a rising urban population, increasing smartphone penetration, and changing consumer preferences, there is a growing demand for convenient food delivery services. The scope for expansion and innovation in this sector is vast, making it an attractive market for both established players and new entrants looking to capitalize on the region's evolving dining habits.

The MENA online food delivery market is poised for growth due to the rising demand for user-friendly applications, which enhance convenience and accessibility, thereby boosting the adoption of online food delivery services in the region. Additionally, the rapid surge in online food ordering is a major driver of market growth, reshaping consumer habits and propelling the MENA online food delivery market to new heights as convenience and digital accessibility become paramount. However, market growth is hindered by high supply chain and logistics costs, which increase operational expenses, impacting the profitability of online food delivery services in the MENA region. Although, the MENA region is on the verge of experiencing significant growth in its online food delivery market, primarily due to the increasing trend of digitalization, widespread adoption of smartphones, and governmental initiatives aimed at advancing digital technologies. These circumstances provide a promising environment for the expansion of online food delivery services, presenting attractive prospects for businesses operating in this sector within the region.

The highest market share region in MENA is the United Arab Emirates (UAE.. UAE, particularly Dubai and Abu Dhabi, has a thriving online food delivery ecosystem dominated by popular platforms such as Talabat, and Uber Eats. The UAE's strong economy, high internet penetration, and a diverse population with a penchant for dining out or ordering in contributed to its leading market share. Moreover, the fastest-growing region in the MENA online food delivery market is Saudi Arabia. With a large and youthful population, an increasing appetite for convenience, and the emergence of homegrown delivery platforms, Saudi Arabia is witnessing rapid growth in online food delivery services. The COVID-19 pandemic also accelerated this growth as more consumers turned to online platforms for their food needs. Saudi Arabia's online food delivery market is poised for continued expansion, making it a key focus for both local and international food delivery companies.

Segment Covered

The report on MENA online food delivery market covers segments such as service type, channel type, and mode of transaction. On the basis of service type, the sub-markets include restaurant-controlled, food app services, independent, and others. On the basis of channel type, the sub-markets include websites/ desktop, and mobile applications. On the basis of mode of transaction, the sub-markets include cash on delivery, and online.

Companies Profiled:

The report provides profiles of the companies in the market such as Talabat.com, MRSOOL Inc., Jahez, Careem, noon, Lugmety , Deliveroo, Delivery Hero SE, Cari General Trading Company, and Others.

Report Highlights:

The report provides deep insights into demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the online food delivery market. Moreover, the study highlights current market trends and provides forecasts from 2023-2030. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.