Online Food Delivery Market is Booming and Expected to Hit USD 329.4 Billion by 2033 | IMARC Group

Market Overview:

IMARC Group, a leading market research company, has recently released a report titled “Online Food Delivery Market Report by Platform Type (Mobile Applications, Website), Business Model (Order Focused Food Delivery System, Logistics Based Food Delivery System, Full-Service Food Delivery System), Payment Method (Online Payment, Cash on Delivery), and Region 2025-2033”. The study provides a detailed analysis of the industry, including the global online food delivery market share, share, size, and industry trends forecast. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How Big Is the online food delivery market?

The global online food delivery market size reached USD 147.9 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 329.4 Billion by 2033, exhibiting a growth rate (CAGR) of 9.3% during 2025-2033. The growing emphasis on consumer convenience, increasing smartphone usage and internet accessibility, rapid urbanization across the globe, rising number of dual-income households, integration of advanced features, and introduction of offers, discounts, and loyalty programs are some of the major factors propelling the market growth.

Global Online Food Delivery Market Trends:

The growing emphasis on sustainability and eco-friendliness, prompting manufacturers to use biodegradable or recyclable packaging, reduce food waste through efficient supply chain management, and partner with local and organic food suppliers, is positively impacting the market growth.

Moreover, the rise of cloud kitchens which operate solely for delivery without a physical dine-in presence, enabling restaurants to expand their reach with lower overhead costs, is favoring the market growth. Apart from this, the burgeoning integration of advanced technologies such as blockchain for enhanced transparency in food sourcing and delivery tracking is contributing to the market growth.

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Factors Driving the Growth of the Online Food Delivery Industry

1. Rising Convenience and Accessibility

One of the key drivers of the online food delivery market is the increasing convenience and accessibility of digital ordering platforms. The widespread availability of intuitive mobile apps and user-friendly interfaces has made it easier than ever for consumers to order meals quickly and efficiently. These platforms allow users to explore diverse menus, personalize their orders, and complete transactions seamlessly with just a few taps.

In addition, features such as order scheduling and real-time tracking enhance the overall user experience, aligning with the modern consumer’s demand for flexibility and control. The growing reliance on these services for everyday meals is significantly fueling market expansion.

2. Rapid Technological Advancements and Innovation

Technological innovation is playing a transformative role in reshaping the online food delivery landscape. The integration of artificial intelligence (AI) and machine learning (ML) is enabling platforms to deliver personalized recommendations, improving customer satisfaction by analyzing past behavior and preferences.

Furthermore, cutting-edge logistics solutions, including drone deliveries and autonomous vehicles, are revolutionizing last-mile delivery, ensuring faster and more reliable service. The adoption of advanced data analytics also empowers companies to optimize delivery routes and streamline operations, thereby reducing costs and improving overall efficiency—key growth factors heading into 2025.

3. Evolving Consumer Preferences and Lifestyles

Shifts in consumer behavior and lifestyle patterns are also contributing significantly to market growth. The increasing emphasis on convenience, speed, and variety is driving consumers toward digital food delivery services. With more dual-income households and busy schedules, people are increasingly relying on these platforms for their daily meals.

Moreover, the rising demand for health-focused options and specialized diets—such as vegan, gluten-free, and keto—is prompting delivery platforms to diversify their menus. This growing preference for tailored and nutritious offerings continues to attract a broader customer base, further propelling the industry forward.

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Online Food Delivery Market Report Segmentation:

By Platform Type:

• Mobile Applications
• Website

Mobile applications represented the largest segment due to its user-friendly interface and widespread smartphone adoption.

By Business Model:

• Order Focused Food Delivery System
• Logistics Based Food Delivery System
• Full-Service Food Delivery System

Order focused food delivery system accounted for the largest market share as they streamline the ordering process and cater to a wide range of restaurants and cuisines.

By Payment Mode:

• Online Payment
• Cash on Delivery

Online payments represented the largest segment as it offers convenience, security, and a variety of payment options for users.

Regional Insights:

• China
• North America
• Asia Pacific ( excluding China)
• Europe
• Rest of the World

China’s dominance in the online food delivery market is attributed to its vast population, rapid urbanization, and the widespread use of digital technology.

Competitive Landscape with Key Players:

The competitive landscape of the online food delivery market size has been studied in the report with the detailed profiles of the key players operating in the market.

Some of These Key Players Include:

• Deliveroo
• Delivery Hero
• me (Alibaba Group)
• Just Eat Takeaway.com N.V. 
• Meituan Waimai

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Key Highlights of the Report:

• Market Performance (2019-2024)
• Market Outlook (2025-2033)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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