Online food delivery market is witnessing significant growth from last few years. Online food delivery services market is mature in developed countries. However, the demand is growing significantly in developing regions as well. Online food delivery services offer several food varieties at customer’s door step It works by connecting many restaurants, bars, cafes, snacks centers, and even local fast-food stores to the customers through websites/desktops or mobile phone apps. Primary reason that is influencing the high demand of online food delivery services is their easy mode of operations. Many apps or websites offered by these service providers offer user friendly ways to place order among various types of foods and restaurants.

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Also, the mode of payment is designed as per convenience of the customer, thus, attracts more consumers towards this digital way of food ordering. In addition, special offers, cashbacks and discounts offered by these service providers attract customers from all age groups, which in turn boost the growth of market. Current COVID-19 pandemic conditions have positively affected the growth of global food delivery market. Strict lockdowns imposed by  governments to curb the spread of the infection resulted in temporary shutdown of restaurants, cafes, and small food outlets. In addition, restrictions on movements also increased the demand of online food services.

Online Food Delivery Services market is categorized based on type and channel type. Different types of online food delivery services include restaurant –to- consumer and platform - to- consumer. Owing to quick food demand of customers, restaurant –to- consumer segment holds large share in the market. Further, different channels through which customers can order online food include websites/desktop and mobile applications.

Major players in the market are focusing on organic growth strategies such as mergers and acquisitions to expand their business, key players in the market include Meituan Waimai, Ubereats, Delivery Hero SE, Grubhub Inc., Just Eat Takeaway.com N.V., DoorDash Inc., Deliveroo, Zomato Media Pvt. Ltd., Glovoapp23 SL, and ELEME Inc. among others.

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