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On-Demand Food Delivery App

Posted by Bobby Brown on March 02, 2022 - 12:21pm


Since the past few years, the food delivery market has witnessed a significant rise. In fact, delivery riders’ network effects and route optimization technologies have led to cheaper and faster food delivery. These are the top reasons behind the significant growth of various food delivery operators.

Recently, various aggregators have included this platform-to-consumer system that helps conduct the delivery and ordering processes.

COVID-19 also led millions to order online food for the first time due to lockdown. Most of the grocery delivery services, like Instacart, said it met the target for 2022 just in the third week of lockdown.

Suppose you are all set to start with your food delivery app development idea. In that case, you need to know and understand the market, what’s trending, what’s going down, and much more to be on the safe side throughout your food delivery app development journey.

Today, we are here with food delivery app market stats from various regions worldwide and other relevant statistics that may prove to be useful for you.

Food Delivery App Market Stats Top Highlights

Online food delivery market size worldwide from 2019 to 2023

Online food delivery market size worldwide from 2019 to 2023

  • In the on-demand food delivery segment, the average revenue per user (ARPU) is likely to reach $41.77 by the end of 2021.
  • In 2021, the user penetration in the food delivery segment will be about 20.5%.
  • In 2021, the market’s largest segment is Restaurant-to-Consumer Delivery, which is likely to reach a market revenue of $8,264m.
  • By 2025, the revenue of the online food delivery segment is likely to showcase an annual growth rate of 13.23%, which may lead to an expected market volume of $19,591m.
  • As per the global comparison, the highest revenue would be generated in China, maybe $191,050m, in 2021.
  • By 2025, the number of users in the on-demand food delivery segment is predicted to reach about 498.5m.
Corneliu Boghian thanks for info
March 2, 2022 at 3:02pm
James Eckburg Great topic for sharing this topic to us.
March 2, 2022 at 2:44pm