The online takeaway food market is estimated to be valued at USD 20.32 Bn in 2024, exhibiting a compound annual growth rate (CAGR) of 14.1% from 2024 to 2031. The online takeaway food market has seen tremendous growth over the past few years driven by rising internet penetration and fast urbanization. Busy lifestyles coupled with the convenience of online platforms has boosted the demand for ready-to-eat meals like pizza, burgers, and Asian cuisine. Players in this industry provide easy ordering options through their websites and mobile applications coupled with quick doorstep delivery within a specified time. Several restaurants have also listed themselves on food aggregator websites to expand their reach and boost sales. With rising health consciousness, some businesses offer healthier ingredient and cooking options to meet varied customer preferences.

 Market Dynamics:

The global online takeaway food market is driven by the growing number of nuclear families, dual-income households and millennials who seek convenience due to their fast-paced lifestyle. The easy availability of a wide variety of cuisines for home delivery through smartphones and online platforms has boosted the industry growth. However, increasing competition among existing players and entry of newer startups poses challenges. Meanwhile, opportunities lie in expanding to lower-tier cities and leveraging technologies like AI, IoT, and Blockchain for the optimization of operational efficiency and enhanced customer experience.

 Key Features of the Study:

• This report provides an in-depth analysis of the global online takeaway food market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
• It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global online takeaway food market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Just Eat plc., GrubHub, Delivery Hero SE, Takeaway.com, Foodpanda, Deliveroo, Uber Eats, Zomato, Swiggy, LimeTray, Delivery Hero SE, DoorDash, Domino's Pizza Inc., Ele.me (Alibaba Group Holding Limited), Grubhub, and Papa John's International, Inc.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global online takeaway food market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global online takeaway food market

Detailed Segmentation-

• By Service Type:
• • Restaurant-controlled  
  • Independent  
  • Food Cooperatives  
  • Mobile Apps 
• By Region:
• • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
• Company Profiles:
• • Just Eat plc.
  • GrubHub
  • Delivery Hero SE
  • Takeaway.com
  • Foodpanda
  • Deliveroo
  • Uber Eats
  • Zomato
  • Swiggy
  • LimeTray
  • Delivery Hero SE
  • DoorDash
  • Domino's Pizza Inc.
  • Ele.me (Alibaba Group Holding Limited)
  • Grubhub
  • Papa John's International, Inc.