New York, NY -- (SBWIRE) -- 02/26/2021 -- The global digital food delivery market is forecast to reach USD 179.27 Billion by 2026, according to a new report by Reports and Data. The Digital Food Delivery market is rising rapidly in the global market owing to the increase in adoption rate of digital food delivery due to its hassle-free, less time-consuming procedure, and a wide variety in option. Making use of mobile applications or websites, customers can now sit back and order food from various available cuisines in the city in no minute. This makes the digital food delivery market quite favorable for the food lovers and work devoted people and thus resulting in a sustainable market.

In the year 2018, aggregators segment has witnessed the highest market demand. The adoption rate of online food ordering is getting higher day by day. Most of the restaurants have opted for taking the orders online and delivering their food to the customers' place directly.

Get a Sample copy of the Report @ https://www.reportsanddata.com/sample-enquiry-form/1566

Asia Pacific market is forecasted to generate a revenue of USD 98.60 Billion in the year 2026, owing to its large consumer base and technological and economic advancements in the developing countries.

Key participants include Just Eat, Zomato, FoodPanda, Uber Eats, DoorDash, Swiggy, Domino's Pizza, McDonald's, Delivery Hero, Grubhub.

For the purpose of this report, Reports and Data have segmented the global Digital Food Delivery Market on the basis of business model, platform type, payment method, and region:

Business Model Outlook (Revenue, USD Billion; 2016-2026)
- Aggregators
- New-Delivery
- End-To-End Service

Platform Type Outlook (Revenue, USD Billion; 2016-2026)
- Websites
- Mobile applications

Payment Method Outlook (Revenue, USD Billion; 2016-2026)
- Online Transactions
- Pay On Delivery

Regional Outlook (Revenue, USD Billion; 2016-2026)
- North America
o U.S.
- Europe
o UK
o France
- Asia Pacific
o China
o India
o Japan
- MEA
- Latin America
o Brazil

Get Discount on the Report @ https://www.reportsanddata.com/discount-enquiry-form/1566

Further key findings from the report suggest
- In the business model type, aggregators segment is likely to continue being the dominator of the market with almost 52.2% of market share by 2026. Aggregators are the traditional business model where many restaurants are listed on aggregator portals. The customers can view and compare the menus, price details, and reviews by the other customers. Once a customer orders something, the aggregators then put that order forward to the restaurant only. There is nothing more the aggregators do. The restaurant then manages the delivery to the customers. Typically the aggregators' profit margin is about 40% excluding tax and other convenience fees.
- New-Delivery System segment is another segment which is contributing a larger market share of 42.4% by 2026. New-Delivery system offers all the benefits like aggregators through their website or mobile application. Other than those offerings, the new-delivery segment also provides logistics to its customers. The new-delivery segment takes more than a 35% profit margin and even gets a small fee from the customers too.
- Mobile Applications are helping the market to grow at a successive CAGR of 15.4% throughout the forecast period. The high rate of increasing number of mobile phone users makes this segment auspicious. Most of the vendors have now started making mobile applications in order to achieve a higher number of customer engagement.
- Online transaction is a high growth segment in the forecast period. The revolution of the cashless economy is majorly responsible for this segment to grow high. The customers nowadays prefer online transactions over conventional cash paying system. Hence the vendor to offer the online transaction gets a higher consumer base.
- APAC is predicted to grow with an overall CAGR of 10.1% throughout the forecast period, generating a revenue of USD 98.60 Billion by 2026. Indeed, a large number of consumer base and increasing internet availability helps this region to retain the highest market share.
- North America would have a market presence of 27.6% with a CAGR of 8.8% by 2026 having the highest growth rate in aggregators segment.

Table of content:
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2018-2026
Chapter 3. Indicative Metrics
Chapter 4. Digital Food Delivery Market Segmentation & Impact Analysis
4.1. Digital Food Delivery Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Rapid global digitalization
4.2.2.2. Internet affordability & availability
4.2.2.3. Rise in usage of mobile applications
4.2.2.4. Increasing number of logistics providers
4.2.2.5. Economical enrichment in developing countries
4.2.2.6. Growing women empowerment
4.2.2.7. High adoption rate of offering home delivery
Continued…

Access Full Report Description, TOC, Table of Figure, Chart, etc. @ https://www.reportsanddata.com/report-detail/digital-food-delivery-market

Thank you for reading our report. For further query or inquiry, kindly get in touch with us and our team will ensure your requirements for the reports are met.

About Reports and Data:
Reports and Data 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 client's make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.

Contact Us:
John W
Head of Business Development
40 Wall St. 28th floor New York City
NY 10005 United States
Direct Line: +1-212-710-1370

Related Report:
1. Chelating Agents Market Size
2. Bitumen Market Growth
3. Conductive Silicone Rubber Market Demand
4. Conformal Coatings Market Forecast
5. Automotive Vehicle-to-Everything (V2X) Market analysis