Meal Delivery - Burundi

  • Burundi
  • The Meal Delivery market in Burundi is projected to reach a revenue of US$1.70m in 2024.
  • It is expected to experience an annual growth rate (CAGR 2024-2029) of 14.39%, resulting in a projected market volume of US$3.33m by 2029.
  • In Burundi, the Platform Deliverymarket is expected to have a market volume of US$0.95m in 2024.
  • When compared globally, China is projected to generate the highest revenue, amounting to US$182,900.00m in 2024.
  • The average revenue per user (ARPU) in the Meal Delivery market in Burundi is projected to be US$18.52 in 2024.
  • By 2029, the number of users in the Burundian Meal Delivery market is expected to reach 148.5k users.
  • The user penetration in the Meal Delivery market in Burundi is estimated to be 0.7% in 2024.
  • In Burundi, the meal delivery market is experiencing a surge in demand due to the growing urban population and increasing preference for convenient and time-saving food options.
 
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Analyst Opinion

The Meal Delivery market in Burundi has been gaining traction in recent years, with a growing number of consumers opting for the convenience of having meals delivered to their doorstep.

Customer preferences:
One of the main reasons for the growth of the Meal Delivery market in Burundi is the changing lifestyle of consumers. With an increase in the number of working professionals and busy schedules, people are looking for quick and easy meal options. Meal delivery services offer a convenient solution for those who want to save time and effort in meal preparation.

Trends in the market:
The Meal Delivery market in Burundi is still in its early stages, but it is expected to grow rapidly in the coming years. One of the key trends in the market is the rise of online ordering platforms. With the increasing use of smartphones and the internet, consumers are turning to online platforms to place orders for their meals. This trend is expected to continue as more people become comfortable with using technology for their daily needs.Another trend in the market is the increasing demand for healthy and organic meal options. As consumers become more health-conscious, they are looking for meal delivery services that offer fresh and nutritious meals. This trend is expected to continue as more people become aware of the benefits of healthy eating.

Local special circumstances:
Burundi is a small, landlocked country in East Africa, with a population of around 12 million people. The country has a relatively low GDP per capita, which means that many people cannot afford to eat out at restaurants regularly. Meal delivery services offer an affordable alternative to eating out, which is driving the growth of the market.

Underlying macroeconomic factors:
The Meal Delivery market in Burundi is also being driven by macroeconomic factors such as urbanization and rising disposable incomes. As more people move to cities and earn higher incomes, they are looking for convenient and affordable meal options. This is creating a growing demand for meal delivery services in urban areas.In conclusion, the Meal Delivery market in Burundi is still in its early stages, but it is expected to grow rapidly in the coming years. The changing lifestyle of consumers, the rise of online ordering platforms, the increasing demand for healthy and organic meal options, and macroeconomic factors such as urbanization and rising disposable incomes are all driving the growth of the market.

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.

Overview

  • Revenue
  • Analyst Opinion
  • Users
  • Global Comparison
  • Methodology
  • Key Market Indicators
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