The competitive nature of the food delivery service industry has led to innovative promotional strategies that go beyond traditional discounts. Companies are investing in influencer partnerships, interactive app features, and gamification to create unique user experiences and drive customer acquisition.
Stats
The global online food delivery market generated a revenue of USD 64.6 million in 2022 and is expected to reach USD 254.0 million by 2030.
The market is expected to grow at a CAGR (2023 - 2030) of 18.7% by 2030.
In terms of segment, platform-to-consumer accounted for a revenue of USD 46.9 million in 2022.
Platform-to-Consumer is the most lucrative type segment registering the fastest growth during the forecast period.
In terms of region, Asia Pacific was the largest revenue generating market in 2022.
Country-wise, Mexico is expected to register the highest CAGR from 2023 to 2030.
