Online Food Delivery Market – United States

Market Statistics

Market Size in 2023: USD 29.1 Billion

Industry Forecast in 2032: USD 68.6 Billion

Industry Growth Rate: 9.8% (2024-2032)

The US online food delivery market size  is experiencing significant growth, driven by increasing consumer demand for convenience and digital ordering platforms. Expanding options for quick and diverse meals further support this market’s expansion. With advancements in technology, the market continues to evolve and thrive. According to the latest report by IMARC Group, the market size reached USD 29.1 Billion in 2023. Looking forward, expects the market to reach USD 68.6 Billion by 2032, exhibiting a growth rate (CAGR) of 9.8% during 2024-2032.

United States Online Food Delivery Industry Trends and Drivers:

• Key Trends:

• • Sustainability and Eco-Friendly Practices:
    • Growing consumer demand for eco-friendly packaging and sustainably sourced ingredients.
    • Delivery platforms and restaurants are adopting greener practices, such as reducing plastic waste and sourcing local produce.
  • Health and Wellness:
    • Increasing demand for healthier meal options, pushing restaurants and platforms to expand offerings in this category.
  • Impact of COVID-19:
    • Acceleration of contactless deliveries, a trend expected to persist due to ongoing safety concerns.
  • Work-from-Home Influence:
    • Higher demand for lunch and dinner deliveries as more people work remotely, reshaping market dynamics.

• Market Drivers:
  • Changing Consumer Preferences:

• • • Urbanization and fast-paced lifestyles are driving more people to choose the convenience of online food delivery services.

• Technological Advancements:

• • • Widespread smartphone use and high internet penetration make it easier for consumers to order food online.
    • Platforms are utilizing artificial intelligence and data analytics to predict customer preferences, optimize delivery routes, and improve efficiency.

• Competition Among Delivery Platforms:

• • • The growing number of food delivery apps is fueling competition, resulting in better services and more options for customers.

• Rising Disposable Incomes:

• • • Increasing consumer spending on convenience, such as home-delivered meals, driven by higher disposable incomes.

• Diverse Cuisine Options:

• • • Availability of a wide range of cuisines, from local to international, catering to diverse consumer preferences, further boosting demand.

• Subscription-Based Meal Plans and Loyalty Programs:

• • • Emergence of subscription models and loyalty programs, encouraging repeat orders and fostering market growth.

• Market Outlook:

• • The United States online food delivery market is experiencing rapid growth, driven by evolving consumer preferences, sustainability trends, technological innovations, and the lasting effects of the COVID-19 pandemic. With ongoing competition and expanding offerings, the market is poised for continued expansion in the forecasted period.

Download sample copy of the Report: https://www.imarcgroup.com/united-states-online-food-delivery-market/requestsample

United States Online Food Delivery Industry Segmentation:

The report has segmented the market into the following categories:

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 market research report has also provided a comprehensive analysis of the competitive landscape in the market.
• Major players in the market are actively implementing strategies to uphold and grow their market leadership. Top companies are prioritizing improving user experience with simplified ordering processes, quicker delivery times, and a larger variety of restaurant collaborations. For instance, in June 2023, DoorDash collaborated with major grocery stores such as ALDI, Albertsons, Safeway, Meijer, and 7-Eleven to enable SNAP/EBT payments, increasing accessibility to more than 4,000 sites in the US. This project was designed to address food insecurity and enhance convenience for vulnerable populations, offering SNAP recipients benefits, such as DashPass membership for two months to reduce barriers to fresh groceries. Additionally, there is a strong focus on technological advancement, with a specific emphasis on using AI and ML algorithms to enhance route optimization and predictive analytics to enhance efficiency and lower expenses within the fiercely competitive environment.

Request for customization: https://www.imarcgroup.com/request?type=report&id=1247&flag=F

Key highlights of the Report:

• Market Performance (2018-2023)
• Market Outlook (2024-2032)
• COVID-19 Impact on the Market
• Porter’s Five Forces Analysis
• Strategic Recommendations
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services.  IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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