Online Food Delivery Services Global Market Report 2022 – Benzinga – Press Release

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New York, April 04, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Online Food Delivery Services Global Market Report 2022” – https://www.reportlinker.com/p06250377/?utm_source=GNW
11 billion in 2021 to $128.32 billion in 2022 at a compound annual growth rate (CAGR) of 11.5%. The market is expected to grow to $159.46 billion in 2026 at a compound annual growth rate (CAGR) of 5.6%.

The online food delivery services market consists of sales of online food delivery services and related services primarily for household consumption.The online food delivery services market includes all companies involved in distributing the packages received from hospitality establishments and have an online portal or an application for their sales.

The food can be either ready-to-eat food or food that has to be specially prepared for direct consumption.

The online food delivery services market covered in this report is segmented by type into platform-to-customer, restaurant-to-customer.Platform-to-Customer refers to an online tool or a forum being created for businesses to enable them to have two-way communication with their customers.

The different channel types include websites, mobile applications and involve various payment methods such as cash on delivery, online payment.

Western Europe was the largest region in the online food delivery services market in 2021.Asia Pacific was the second largest region in the online food delivery services market.

The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

An increase in smartphone users has given a boost to online food delivery services worldwide.Smartphone users are the primary online shoppers for the F&B industry and an increase in the number of smartphone users reflects a potential increase in online shopping for food and beverages.

The world F&B e-commerce users reached 1.5 billion in 2019 and are expected to grow by 800…

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