Global Online Food Ordering System Market Overview
The Global Online Food Ordering System Market size is expected to grow from USD 41.95 billion in 2023 to USD 158.42 billion by 2032, at a CAGR of 15.91% during the forecast period (2024-2032).
Online food ordering is the procedure carried out by people for ordering food, from a different website or other mobile application. An online food ordering system allows businesses to manage orders that are placed by the customer using the internet for delivery or takeaway. Customers search, find a digital menu, on an app or website, and place and pay for their order online. After placing order venues receive the order details via their chosen online food ordering system and then produce the order ready for delivery or customer pickup. An online ordering and delivery system provides a complete sales channel for the restaurant. The restaurant gets the most benefit from this online ordering system they can use it as a tool for generating more profits and managing their restaurant in a better way. It also allows owners of the restaurant to save the cost of labor and restaurant space needed for sitting and serving customers. Moreover, increasing mobile phone and internet penetration in the world is the factor that helps to enhance the rate of online food ordering. The rising number of smartphone and internet users supports the increasing demand for online food ordering and helps to increase the market for online food ordering systems.
Market Dynamics Of Online Food Ordering System Market
Drivers:
Fast, Easy, and Comfortable Mode of Getting Food
Customers are choosing to order food through an online ordering system because it’s an easy way all the things are at their fingertips. Most people use mobile phones or desktops for ordering food. Anyone with a smartphone can order food online from the restaurant. Additionally, Millennials are most likely to use this system; they are the most important target audience for this market. Over 97% of Millennials use their phones for just surfing and ordering food online falls right into the same broad category. Moreover, according to Statista, 43% of people order food online through the system mainly due to they don’t feel like cooking the meal. This large population is actively searching for restaurants online to order food by using an online food ordering system. The fast, easy and comfortable service provided by the system and vendors to the customer is expected to provide large growth to the online food ordering system market during the projected period.
Restraints:
Online Food Ordering Creating Lot of Waste
The online food ordering system market is continuously witnessing growth due to the tremendous popularity of this service. Several people are ordering food for convenience daily. Due to this, the use of plastic packaging is increased and it resulted in large plastic waste creation which is showing an adverse effect on the environment. Food is delivered in good quality packages, boxes, plastic plates, spoons, and plastic paper raping by vendors which creates a lot of waste. For instance, in China, the food delivery industry received more than 16 billion orders in a year, and more than 80 percent of the food delivery restaurants in China offered only plastic packaging which contributes to a lot of waste formation.
Opportunities:
Advancement in Menu Engineering Helps Systems to Create Strong and Convincing Visual Appearance of Product
Menu Engineering refers to combining restaurant menu design tips with menu psychology to stimulate and encourage clients the customer to spend more on food. In online food ordering customers buy products according to their hunger and most of the time customers buy a product that does not satisfy their hunger but because of just their convincing visual appearance customers buy those products. Menu Engineering gives design tips to craft a deeply persuasive menu that will stimulate the customer into ordering more food. Additionally, the first bite is with the eye, so encouraging customers to go online and go through the entire menu when they’re hungry contributes to ordering more food than they normally order on the phone or food ordering system. Hungry customers order much more food online and bigger and higher orders give a significantly larger stream of revenue to the ventures. The more concentrated menu and visually appealing products provide an opportunity to enhance the online food ordering system market.
Market Segmentation Of Online Food Ordering System Market
By Type, the delivery platforms segment dominates the overall market growth of the online food ordering system market in the past few years and is expected to continue its dominance over the forecast period. The growing adoption of different food delivery platform apps such as Zomato, UberEats, Deliveroo, and Grubhub across the globe is contributing to the growth of the online food ordering system market. These apps are like Uber Eats or Deliveroo gives more exposure to restaurants. The people who don’t know the location of the restaurant and facilities provided by them like takeaway services are displayed on this delivery platform which helps to enhance the customer's purchasing rate. Additionally, the large population on this platform provides a broad audience of potential customers directly to the restaurant. It’s a quick and easy way to start the business with this delivery platform and people are taking this opportunity to expand their business which also boosts the growth of the online food ordering system market during the projected period.
By Application, the B2C segment is expecting maximum market share in the online food ordering system market during the projected period. A large population is using this system through different platforms like restaurant-controlled, independent websites, food co-operatives, and delivery platforms. For instance, as of the end of 2021, almost 53% of internet users in China had used online food delivery services. The huge customer base for these platforms due to the advantages provided by platforms helps increase the platform-to-consumer delivery that helps to propel the growth of the business-to-customer segment and ultimately supports the growth of the online food ordering system market.
Regional Analysis Of Online Food Ordering System Market
Asia-Pacific is the dominating region for online food ordering systems during the forecasted period. Rising consumer interest, adoption of new technology, and also better understanding of the technology are propelling the growth of the market. Additionally, with the increasing requirement for quick and easy services due to hectic working hours, people are so busy nowadays that they have no time for cooking and cleaning so most people are ordering food from different restaurants by using online food ordering platforms. Also, there is a huge population in the Asia Pacific region which shows the large consumer base for this food ordering sector which ultimately increases the growth of the online food ordering system market. In addition to this, this region consists of countries like China, Japan, and India, These are densely populated countries and are in the developing phase so the adoption of smartphones and technology is high in this region. Due to this, the online food ordering system market is expanding in the Asia Pacific region.
The North American region is the second dominant and fast-growing region for online food ordering systems during the projected period. The market growth in this region is driven by the rise in consumer demand for home delivery due to their busy lifestyles. Additionally, the rapidly increasing food processing industry in the region, along with the growing business and industrialization has a direct influence on the functional online food ordering in the region. Moreover, the high disposable income of individuals helps in the rise of spending on food delivery. This gives a significant increase in the spending on food and gets higher revenue for food delivery applications. This entire factor is helping in the growth of the online food ordering system during the forecasted period.
Europe is one of the leading regions in the online food ordering system sector during the analysis period. This region includes well-developed countries such as Germany, the U.K., and France. The population in this region is highly educated and employed which indicates the high spending capacity of the individual in the region. So this region is positively contributing to the online food ordering system market. Additionally, this region consists of the strong presence of key players, and the public in this region ordered food online on across all areas like from developing to suburban and urban areas these factors are contributing to the increasing growth of this market in the Europe region.
Covid-19 Impact Analysis On Online Food Ordering System Market
The Covid-19 pandemic shows a positive impact on the online food ordering system market as the adoption of online food delivery platforms increased as millions of people are being restricted to stay home to stop the penetration of the virus. The online food platform became one of the main protagonists during the COVID-19 pandemic. Online food delivery service providers have witnessed a significant increase in revenue and online orders owing to the increased consumer demand for online food delivery due to restrictions. The restaurants, fast food centers, and different food chains used online food delivery platforms to facilitate both delivery and take-out during the outbreak which contributes to the growth of the market.
Top Key Players Covered In Online Food Ordering System Market
- McDonalds (US)
- KFC (US)
- GrubHub (US)
- Swiggy (US)
- MEITUAN (China)
- Uber Eats (California)
- DoorDash (US)
- Caviar (California)
- Zomato (US)
- Subway (US)
- Pizza hut(US)
- Starbucks (US)
- Burger King (US)
- Domino’s Pizza (US)
- Dunkin Donuts (US)
- Dairy Queen (Minnesota)
- Papa John’s (US)
- Wendy’s (US)
- Just Eat (UK)
- Takeaway (Netherlands)
- Alibaba Group (China) and other major players.
Key Industry Development In The Online Food Ordering System Market
- In December 2024, Swiggy announced the successful expansion of its 10-minute food delivery service, Bolt, to tier 2 and 3 cities, including Roorkee, Patna, and Nashik. The initiative aimed to enhance its market share by offering rapid delivery options in smaller urban areas. With this expansion, Swiggy continued to reinforce its commitment to providing fast and convenient food delivery to a wider range of customers.
- In November 2024, Wonder successfully completed its acquisition of Grubhub, a leading U.S.-based food ordering and delivery platform with over 375,000 merchants and 200,000 delivery partners. Valued at USD 650 million, the acquisition integrated Grubhub's extensive network with Wonder's innovative food hall concept. This strategic move enhances customer access to a wide range of dining options, reinforcing Wonder's commitment to transforming the food delivery experience.
Global Online Food Ordering System Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data : |
2017 to 2022 |
Market Size in 2023: |
USD 41.95 Bn. |
Forecast Period 2023-30 CAGR: |
15.91% |
Market Size in 2032: |
USD 158.42 Bn. |
Segments Covered: |
By Type |
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By Application |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
3.1 By Type
3.2 By Application
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
4.10.3 Impact on the Key Manufacturers
4.10.4 Impact on the Pricing
Chapter 5: Online Food Ordering System Market by Type
5.1 Online Food Ordering System Market Overview Snapshot and Growth Engine
5.2 Online Food Ordering System Market Overview
5.3 Restaurant-controlled
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size (2017-2032F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Restaurant-controlled: Grographic Segmentation
5.4 Independent websites
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size (2017-2032F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Independent websites: Grographic Segmentation
5.5 Food co-operatives
5.5.1 Introduction and Market Overview
5.5.2 Historic and Forecasted Market Size (2017-2032F)
5.5.3 Key Market Trends, Growth Factors and Opportunities
5.5.4 Food co-operatives: Grographic Segmentation
5.6 Delivery platforms
5.6.1 Introduction and Market Overview
5.6.2 Historic and Forecasted Market Size (2017-2032F)
5.6.3 Key Market Trends, Growth Factors and Opportunities
5.6.4 Delivery platforms: Grographic Segmentation
Chapter 6: Online Food Ordering System Market by Application
6.1 Online Food Ordering System Market Overview Snapshot and Growth Engine
6.2 Online Food Ordering System Market Overview
6.3 B2B
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size (2017-2032F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 B2B: Grographic Segmentation
6.4 B2C
6.4.1 Introduction and Market Overview
6.4.2 Historic and Forecasted Market Size (2017-2032F)
6.4.3 Key Market Trends, Growth Factors and Opportunities
6.4.4 B2C: Grographic Segmentation
6.5 Others
6.5.1 Introduction and Market Overview
6.5.2 Historic and Forecasted Market Size (2017-2032F)
6.5.3 Key Market Trends, Growth Factors and Opportunities
6.5.4 Others: Grographic Segmentation
Chapter 7: Company Profiles and Competitive Analysis
7.1 Competitive Landscape
7.1.1 Competitive Positioning
7.1.2 Online Food Ordering System Sales and Market Share By Players
7.1.3 Industry BCG Matrix
7.1.4 Ansoff Matrix
7.1.5 Online Food Ordering System Industry Concentration Ratio (CR5 and HHI)
7.1.6 Top 5 Online Food Ordering System Players Market Share
7.1.7 Mergers and Acquisitions
7.1.8 Business Strategies By Top Players
7.2 MCDONALDS
7.2.1 Company Overview
7.2.2 Key Executives
7.2.3 Company Snapshot
7.2.4 Operating Business Segments
7.2.5 Product Portfolio
7.2.6 Business Performance
7.2.7 Key Strategic Moves and Recent Developments
7.2.8 SWOT Analysis
7.3 KFC
7.4 GRUBHUB
7.5 SWIGGY
7.6 MEITUAN
7.7 UBER EATS
7.8 DOORDASH
7.9 CAVIAR
7.10 ZOMATO
7.11 SUBWAY
7.12 PIZZA HUT
7.13 STARBUCKS
7.14 BURGER KING
7.15 DOMINO’S PIZZA
7.16 DUNKIN DONUTS
7.17 DAIRY QUEEN
7.18 PAPA JOHN’S
7.19 WENDY’S
7.20 JUST EAT
7.21 TAKEAWAY
7.22 ALIBABA GROUP
7.23 OTHER MAJOR PLAYERS
Chapter 8: Global Online Food Ordering System Market Analysis, Insights and Forecast, 2017-2032
8.1 Market Overview
8.2 Historic and Forecasted Market Size By Type
8.2.1 Restaurant-controlled
8.2.2 Independent websites
8.2.3 Food co-operatives
8.2.4 Delivery platforms
8.3 Historic and Forecasted Market Size By Application
8.3.1 B2B
8.3.2 B2C
8.3.3 Others
Chapter 9: North America Online Food Ordering System Market Analysis, Insights and Forecast, 2017-2032
9.1 Key Market Trends, Growth Factors and Opportunities
9.2 Impact of Covid-19
9.3 Key Players
9.4 Key Market Trends, Growth Factors and Opportunities
9.4 Historic and Forecasted Market Size By Type
9.4.1 Restaurant-controlled
9.4.2 Independent websites
9.4.3 Food co-operatives
9.4.4 Delivery platforms
9.5 Historic and Forecasted Market Size By Application
9.5.1 B2B
9.5.2 B2C
9.5.3 Others
9.6 Historic and Forecast Market Size by Country
9.6.1 U.S.
9.6.2 Canada
9.6.3 Mexico
Chapter 10: Europe Online Food Ordering System Market Analysis, Insights and Forecast, 2017-2032
10.1 Key Market Trends, Growth Factors and Opportunities
10.2 Impact of Covid-19
10.3 Key Players
10.4 Key Market Trends, Growth Factors and Opportunities
10.4 Historic and Forecasted Market Size By Type
10.4.1 Restaurant-controlled
10.4.2 Independent websites
10.4.3 Food co-operatives
10.4.4 Delivery platforms
10.5 Historic and Forecasted Market Size By Application
10.5.1 B2B
10.5.2 B2C
10.5.3 Others
10.6 Historic and Forecast Market Size by Country
10.6.1 Germany
10.6.2 U.K.
10.6.3 France
10.6.4 Italy
10.6.5 Russia
10.6.6 Spain
10.6.7 Rest of Europe
Chapter 11: Asia-Pacific Online Food Ordering System Market Analysis, Insights and Forecast, 2017-2032
11.1 Key Market Trends, Growth Factors and Opportunities
11.2 Impact of Covid-19
11.3 Key Players
11.4 Key Market Trends, Growth Factors and Opportunities
11.4 Historic and Forecasted Market Size By Type
11.4.1 Restaurant-controlled
11.4.2 Independent websites
11.4.3 Food co-operatives
11.4.4 Delivery platforms
11.5 Historic and Forecasted Market Size By Application
11.5.1 B2B
11.5.2 B2C
11.5.3 Others
11.6 Historic and Forecast Market Size by Country
11.6.1 China
11.6.2 India
11.6.3 Japan
11.6.4 Singapore
11.6.5 Australia
11.6.6 New Zealand
11.6.7 Rest of APAC
Chapter 12: Middle East & Africa Online Food Ordering System Market Analysis, Insights and Forecast, 2017-2032
12.1 Key Market Trends, Growth Factors and Opportunities
12.2 Impact of Covid-19
12.3 Key Players
12.4 Key Market Trends, Growth Factors and Opportunities
12.4 Historic and Forecasted Market Size By Type
12.4.1 Restaurant-controlled
12.4.2 Independent websites
12.4.3 Food co-operatives
12.4.4 Delivery platforms
12.5 Historic and Forecasted Market Size By Application
12.5.1 B2B
12.5.2 B2C
12.5.3 Others
12.6 Historic and Forecast Market Size by Country
12.6.1 Turkey
12.6.2 Saudi Arabia
12.6.3 Iran
12.6.4 UAE
12.6.5 Africa
12.6.6 Rest of MEA
Chapter 13: South America Online Food Ordering System Market Analysis, Insights and Forecast, 2017-2032
13.1 Key Market Trends, Growth Factors and Opportunities
13.2 Impact of Covid-19
13.3 Key Players
13.4 Key Market Trends, Growth Factors and Opportunities
13.4 Historic and Forecasted Market Size By Type
13.4.1 Restaurant-controlled
13.4.2 Independent websites
13.4.3 Food co-operatives
13.4.4 Delivery platforms
13.5 Historic and Forecasted Market Size By Application
13.5.1 B2B
13.5.2 B2C
13.5.3 Others
13.6 Historic and Forecast Market Size by Country
13.6.1 Brazil
13.6.2 Argentina
13.6.3 Rest of SA
Chapter 14 Investment Analysis
Chapter 15 Analyst Viewpoint and Conclusion
Global Online Food Ordering System Market |
|||
Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data : |
2017 to 2022 |
Market Size in 2023: |
USD 41.95 Bn. |
Forecast Period 2023-30 CAGR: |
15.91% |
Market Size in 2032: |
USD 158.42 Bn. |
Segments Covered: |
By Type |
|
|
By Application |
|
||
By Region |
|
||
Key Market Drivers: |
|
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Key Market Restraints: |
|
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Key Opportunities: |
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Companies Covered in the report: |
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Frequently Asked Questions :
The forecast period in the Online Food Ordering System Market research report is 2024-2032.
Food Panda(US), Swiggy (US), Subway (US), Zomato (US) Just Eat (UK), DoorDash (US) and other major players.
The Online Food Ordering System market is segmented into Type, Application and region. By Type, the market is categorized into Restaurant-controlled, Independent websites, Food co-operatives, Delivery platforms, By Application the market is categorized into B2B, B2C, Other. By region, it is analyzed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
An online food ordering system allows business to manage orders that are placed by customer using internet for delivery or takeaway. Customers search, find a digital menu, on an app or website and place and pay for their order online.
The Global Online Food Ordering System Market size is expected to grow from USD 41.95 billion in 2023 to USD 158.42 billion by 2032, at a CAGR of 15.91% during the forecast period (2024-2032).