Industry Overview:
The latest report by IMARC Group, titled, “United States Online Food Delivery Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028″, offers a comprehensive analysis of the industry, which comprises insights on the United States Online Food Delivery Market Overview. The report also includes competitor and regional analysis, and contemporary advancements in the market. The United States online food delivery market size reached US$ 26.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 46.5 Billion by 2028, exhibiting a growth rate (CAGR) of 10% during 2023-2028. Online food delivery represents the process of ordering food from a food service provider by using a mobile application or webpage. These applications and web pages offer filters and paying methods, such as, net banking, prepaid cards, cash on delivery, etc., catering to the requirements of users. In line with this, online food delivery companies provide consumers with a wide variety of food items available on their smartphones and the convenience of getting the food delivered at their doorsteps. They offer various benefits, including less hassle, easy and fast ordering, fewer misunderstandings and miscommunication, minimum human interaction, several cashback offers, etc. Consequently, online food delivery is gaining extensive traction in the United States, particularly among the millennial population.
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United States Online Food Delivery Market Growth:
The growing penetration of high-speed internet is primarily driving the United States online food delivery market. Additionally, the increasing consumer inclination towards multi-ethnic cuisines and their easy availability on such applications are further catalyzing the market growth. Besides this, the emerging trend of on-the-go food consumption patterns and the widespread adoption of quick home delivery models that offer readily available meals, convenience, cost-effective food delivery options, etc., are acting as significant growth-inducing factors. Moreover, the rising integration of artificial intelligence (AI) and other advanced technology by online food delivery platforms that provide a reduction in errors and labor expenses, increased convenience for the guest, enhanced accuracy of online ordering, simpler order processing, etc., is also augmenting the market growth across the country. Apart from this, the elevating investments in promotional activities are anticipated to fuel the United States online food delivery market over the forecasted period.
Key Market Segmentation:
Platform Type:
- Mobile Applications
- Websites
Business Model:
- Order Focused Food Delivery System
- Logistics Based Food Delivery System
- Full Service Food Delivery System
Payment Method:
- Online
- Cash on Delivery
Region:
- Northeast
- Midwest
- South
- West
Competitive Landscape:
The competitive landscape of the market has been examined in the report, along with the detailed profiles of the key players operating in the market.
Key Highlights of the Report:
- Market Performance
- Market Outlook
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
Note: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.
Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2022 |
| Historical Period | 2017-2022 |
| Forecast Period | 2023-2028 |
| Units | US$ Billion |
| Segment Coverage | Platform Type, Business Model, Payment Method, Region |
| Region Covered | Northeast, Midwest, South, West |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 2699 Five User License: US$ 3699 Corporate License: US$ 4699 |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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