Dublin, Aug. 27, 2024 (GLOBE NEWSWIRE) -- The "Europe Online Food Delivery Market Forecast Report by Platform Type, Business Model, Payment Method, Country and Company Analysis 2024-3032" report has been added to ResearchAndMarkets.com's offering.
Europe's Online Food Delivery market is predicted to grow US$ 62.59 billion by 2032 to US$ 26.77 billion in 2023, with a healthy CAGR of 9.9% from 2024 to 2032. Factors driving this expansion population growth and density especially in the urban areas, altering consumer preferences into convenience and lastly, delivery technology and mobile application advancement.
Urbanization in Europe drives demand for convenient food delivery due to busy lifestyles
In Europe, the process of urbanization plays a crucial role in the consumption of online food delivery services. Online food delivery also suits many urban residents especially working people who do not have ample time to spend on food preparation and buying. Food delivery platforms have started capitalizing on this market, providing customers with a wide choice of dining facilities meeting the needs of Europe's active cities, thus highlighting the variety of the European food market.
Investment in logistics and delivery networks in Europe
Retailer logistics and delivery investments enhance European online food delivery market services. Improved supply chain solutions shorten delivery time and thus, deliver the meals in a fresher condition to clients. Sophisticated delivery networks allow platform businesses to enlarge their operational service areas, including the penetration of more consumers in urban and suburban zones.
European Online Food Delivery Company Analysis
Some prominent European online food delivery players include Delivery Hero, Grab Holdings, Uber Technologies, Roofoods Ltd (Deliveroo), Yum! Brands Inc., DoorDash Inc., and Zomato Ltd.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 105 |
| Forecast Period | 2023 - 2032 |
| Estimated Market Value (USD) in 2023 | $26.77 Billion |
| Forecasted Market Value (USD) by 2032 | $62.59 Billion |
| Compound Annual Growth Rate | 9.9% |
| Regions Covered | Europe |
Key Topics Covered:
1. Introduction
2. Research Methodology
3. Executive Summary
4. Market Dynamic
4.1 Growth Drivers
4.2 Challenges
5. Europe Online Food Delivery Market
6. Market Share Analysis
6.1 By Platform Type
6.2 By Business Model
6.3 By Payment Method
6.4 By Country
7. Platform Type
7.1 Mobile Applications
7.2 Websites
8. Business Model
8.1 Order Focused Food Delivery System
8.2 Logistics Based Food Delivery System
8.3 Full-Service Food Delivery System
9. Payment Method
9.1 Online Payment
9.2 Cash on Delivery
10. Country
10.1 Germany
10.2 France
10.3 United Kingdom
10.4 Italy
10.5 Spain
10.6 Others
11. Porter's Five Forces Analysis
12. SWOT Analysis
13. Key Players Analysis
- Delivery Hero
- Grab Holdings Inc.
- Uber Technologies Inc.
- Roofoods Ltd (Deliveroo)
- Yum! Brands Inc.
- DoorDash Inc.
- Zomato Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/yopdh3
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