Global Online Food Ordering Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Online Food Ordering Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Online food ordering is the food service of food delivery or takeout from a local restaurant or food cooperative through a web page or app. Much like ordering consumer goods online, many of these services allow customers to keep accounts with them in order to make frequent ordering convenient.

Market Overview:

The latest research study on the global Online Food Ordering market finds that the global Online Food Ordering market reached a value of USD 171914.0 million in 2022. It’s expected that the market will achieve USD 312656.0 million by 2028, exhibiting a CAGR of 10.48% during the forecast period.

Drivers

With the development of economy and Internet technology, online food ordering production technology is at a mature stage, and the continuous updating of Internet technology has gradually increased downstream demand, and the market is expanding. With the continuous development and promotion of downstream applications, online food ordering has potential consumer markets in these countries.

Europe dominates the global online food ordering market.

Economic development, high market maturity, and technological advantages have brought huge demand for online food ordering, further increasing market growth.

North America is a major consumer market for online food ordering. North America, as an economically developed region, has a diverse distribution channel, which also contributes to the growth of online food ordering in the region.

With the continuous development of economy and industry, the online food ordering market in the Asia-Pacific region has developed rapidly. There are more developing countries in the region. China is a populous country, and the development and technology of the Internet has also brought a large demand for online food ordering, which is also a major consumer market.

Region Overview:

From 2023-2028, China is estimated to witness robust growth prospects.

Company Overview:

The top three companies are Pizza Hut, KFC, Starbucks with the revenue market share of 5.08%, 4.27%, 3.58% in 2018.

Pizza Hut is an American restaurant chain and international franchise which was founded in 1958 by Dan and Frank Carney. The company is known for its Italian-American cuisine menu, including pizza and pasta, as well as side dishes and desserts.

KFC, also known as Kentucky Fried Chicken, is an American fast food restaurant chain headquartered in Louisville, Kentucky that specializes in fried chicken. It is the world's second-largest restaurant chain after McDonald's, with 22,621 locations globally in 136 countries as of December 2018.

Segmentation Overview:

Among different product types, Third-party platform segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the B2C segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Online Food Ordering market covered in Chapter 3:

Domino’s Pizza
Pizza Hut
Dicos
Wendy’s
Dairy Queen
McDonalds
Starbucks
Jollibee
Subway
Dunkin Donuts
Papa John’s
Burger King
KFC
Yoshinoya

In Chapter 4 and Chapter 14.2, on the basis of types, the Online Food Ordering market from 2018 to 2029 is primarily split into:

Independent platform
Third-party platform

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Online Food Ordering market from 2018 to 2029 covers:

B2B
B2C

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)