Online Food Delivery - Worldwide
- Revenue in the Online Food Delivery market is projected to reach US$0.91tn in 2023.
- Revenue is expected to show an annual growth rate (CAGR 2023-2027) of 12.33%, resulting in a projected market volume of US$1.45tn by 2027.
- The Grocery Delivery segment is expected to show a revenue growth of 20.6% in 2024.
- The market's largest segment is Grocery Delivery with a projected market volume of US$0.57tn in 2023.
- In global comparison, most revenue will be generated in China (US$354.10bn in 2023).
- The average revenue per user (ARPU) in the Grocery Delivery segment is projected to amount to US$397.70 in 2023.
- In the Meal Delivery segment, the number of users is expected to amount to 2.64bn users by 2027.
- User penetration in the Online Food Delivery segment will be at 37.2% in 2023.