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The global food delivery services market size is expected to reach USD 311.43 Billion at a steady revenue CAGR of 11.4% in 2028, according to latest analysis by Emergen Research. Surge in Internet penetration, rising usage of smartphones, increasing number of dual income families, and rise in demand for quick access to affordable food are some key factors driving market revenue growth.
Food delivery services include delivering groceries from supermarkets, meals from restaurants, and vegetable box deliveries, among others. Advancements in technology have enabled provision of quicker and more prompt services, thereby serving to enhance customer experience and retaining existing customers as well. Guarantee of safe and secure deliveries is also driving popularity of services provided. The market is highly competitive currently, and error in delivery item or misplacing of package can damage the reputation of the delivery service provider. Real-time tracking of food parcels from location to destination has served to make the delivery process more transparent to customers and offers warranty for safer delivery.
The researchers have considered all the factors influencing the growth of the Food Delivery Services market on the global and regional scale. The report considers the COVID-19 pandemic as one of the key influencing factors of the Food Delivery Services market. The pandemic has disrupted the supply chains and economic scenario of the market and has hindered the growth of the market. The report discusses in detail the overall impact of the COVID-19 pandemic on the Food Delivery Services market and its key segments. The report also offers a current and future impact of the COVID-19 pandemic on the market.
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Some Key Highlights From the Report
Furthermore, the report provides details about the new players entering the market, entry-level barriers and offers strategic recommendations to overcome those barriers to gain a substantial industry presence.
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Key Players operating in the Food Delivery Services industry are:
DoorDash, GrubHub, Uber Delivery, Just Eat Takeaway, Zomato, Deliveroo, Swiggy, Postmates Inc., Foodpanda, and Ele.me (Alibaba).
Emergen Research has segmented the global food delivery services market on the basis of platform, model, type, payments, and region:
The Global Food Delivery Services Market is further analyzed across the key geographical locations where the market has expanded to a significant size. The key region analyzed are North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The report offers a country-wise analysis to provide a comprehensive analysis of the Food Delivery Services market in terms of production and consumption patterns, supply and demand ratio, import/export, revenue contribution, trends, and presence of prominent players in each region.
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The all-inclusive report on the Global Food Delivery Services Market added by Emergen Research demonstrates that the global Food Delivery Services market is presumed to grow at a steady CAGR throughout the forecast timeline. The report analyzed the key market drivers, restraints, growth opportunities, investment opportunities, threats, and limitations of the Food Delivery Services market. The report also offers accurate forecast estimation at a global and regional level to impart a better understanding of the scope of the market.
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Radical Features of the Food Delivery Services Market Report:
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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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