Online Food Delivery - Costa Rica

Costa Rica

Costa Rica is projected to see a revenue of US$227.60m in the Online Food Delivery market by 2024.
This market is expected to have an annual growth rate (CAGR 2024-2029) of 15.06%, resulting in a projected market volume of US$459.00m by 2029.
In the Grocery Delivery market, there is an anticipated revenue growth of 23.9% in 2025.
The projected market volume for this market in 2024 is US$184.10m.
In a global comparison, China is expected to generate the highest revenue in the Online Food Delivery market, reaching US$448.90bn in 2024.
The average revenue per user (ARPU) in the Grocery Delivery market is projected to be US$159.70 in 2024.
Looking specifically at the Grocery Delivery market, the number of users is expected to reach 1.7m users by 2029.
The user penetration rate in this market will be at 22.0% in 2024.
Costa Rican consumers are increasingly relying on online food delivery services for quick and convenient access to a wide range of culinary options.

Market

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Currency

Analyst Opinion

The Online Food Delivery market in Costa Rica has been rapidly developing in recent years.

Customer preferences: Costa Rican customers have been increasingly relying on online food delivery services due to their busy lifestyles and the convenience of ordering food from their smartphones. Additionally, the COVID-19 pandemic has accelerated the adoption of online food delivery services, as many people are staying at home and avoiding crowded restaurants.

Trends in the market: One trend in the Costa Rican online food delivery market is the increasing popularity of healthy food options. Many customers are looking for nutritious and organic food, and online food delivery platforms are responding by offering a variety of healthy meal choices. Another trend is the rise of ghost kitchens, which are delivery-only restaurants that operate out of shared kitchen spaces. This allows for lower overhead costs and more efficient food delivery.

Local special circumstances: Costa Rica's tourism industry has also played a role in the growth of the online food delivery market. Tourists often use food delivery services to explore local cuisine without having to leave their hotel rooms. Additionally, the country's high population density in urban areas has made it easier for online food delivery companies to operate efficiently.

Underlying macroeconomic factors: Costa Rica's growing middle class and increasing urbanization have also contributed to the growth of the online food delivery market. As more people move to cities and adopt busy lifestyles, the demand for convenient food delivery services has increased. Additionally, the country's stable political environment and strong internet infrastructure have made it an attractive market for online food delivery companies.

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on Gross Merchandise Value (GMV) and represent what consumers pay for these products and services. The user metrics show the number of customers who have made at least one online purchase within the past 12 months.

Modeling approach / Market size:

Market sizes are determined through a bottom-up approach, building on predefined factors for each market. As a basis for evaluating markets, we use annual financial reports of the market-leading companies, third-party studies and reports, as well as survey results from our primary research (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, GDP per capita, and internet connection speed. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing. The main drivers are internet users, urban population, usage of key players, and attitudes toward online services.

Additional notes:

The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. GCS data is reweighted for representativeness.