Market Size of Europe Food Platform-to-Consumer Delivery Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 10.52 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Europe Food Platform-to-Consumer Delivery Market Analysis
The Europe Food Platform-to-Consumer Delivery market is expected to grow with a CAGR of 10.52% during the forecast period (2022-2027).
- In Europe, online food ordering is becoming more popular. One of the major factors propelling the food platform-to-consumer delivery market's growth is the rising penetration of internet connections and smartphones, which provide the option to get food delivered conveniently and quickly.
- In addition, the mobile application allows various payment options, including net banking, debit cards, credit cards, digital wallets, and cash on delivery (COD). Most European customers prefer the online payment method as their knowledge of digital money grows.
- Growing consumer inclination towards convenient and time-saving food delivery services is expected to drive sales in the studied market. A significant rise in the usage of smartphones and easy internet access, coupled with the substantial development in food delivery apps, drives more demand for Europe Food Platform-to Customer Delivery Market.
- COVID-19 has created new growth opportunities for the European online food delivery sector. Millions of Europeans purchased food online when the country was under lockdown. The source of appealing, user-friendly apps and tech-enabled driver networks, connected with changing consumer expectations, has unlocked ready-to-eat food delivery as an essential category.
Europe Food Platform-to-Consumer Delivery Industry Segmentation
The scope of the Platform-to-Consumer Delivery market focuses on online delivery services that deliver orders from partner restaurants. The platform itself handles the delivery process from restaurants that do not necessarily have to offer food delivery themselves. The scope of the market doesn't include orders by telephone, unpacked food for immediate consumption as well as non-processed or non-prepared food. Europe Food Platform-to-Consumer Delivery Market is segmented by country.
| By Country | |
| United Kingdom | |
| Germany | |
| France | |
| Italy | |
| Spain | |
| Rest of Europe |
Europe Food Platform-to-Consumer Delivery Market Size Summary
The Europe Food Platform-to-Consumer Delivery market is experiencing significant growth, driven by the increasing popularity of online food ordering and the widespread adoption of smartphones and internet connectivity. This trend is further supported by the development of mobile applications that offer various payment options, catering to the growing consumer preference for digital transactions. The convenience and time-saving aspects of food delivery services are major factors propelling market expansion. The COVID-19 pandemic has also played a crucial role in accelerating the market's growth, as lockdowns led to a surge in online food purchases, making food delivery an essential service. The integration of advanced technologies, such as online tracking and smart AI, has enhanced the efficiency of delivery systems, contributing to the market's robust growth.
The market is characterized by the presence of major players like Deliveroo, Just Eat, and Uber Eats, who are leveraging strategic partnerships and acquisitions to expand their market share. The rise of third-party delivery companies has further transformed the industry by providing aggregator platforms that offer access to multiple restaurants through a single gateway. This has enabled consumers to easily compare menus and prices, enhancing their overall experience. Technological advancements, including drone and robot deliveries, are also expected to drive future growth. The market's expansion is reflected in the increasing revenue share of platform-to-consumer delivery services, with companies like Just Eat and Delivery Hero making strategic moves to consolidate their operations and expand their reach in Europe and beyond.
Europe Food Platform-to-Consumer Delivery Market Size - Table of Contents
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1. MARKET INSIGHTS
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1.1 Market Overview
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1.2 Industry Attractiveness - Porter's Five Forces Analysis
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1.2.1 Threat of New Entrants
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1.2.2 Bargaining Power of Buyers
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1.2.3 Bargaining Power of Suppliers
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1.2.4 Threat of Substitutes
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1.2.5 Intensity of Competitive Rivalry
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1.3 Impact of COVID-19 on the Market
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2. MARKET SEGMENTATION
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2.1 By Country
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2.1.1 United Kingdom
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2.1.2 Germany
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2.1.3 France
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2.1.4 Italy
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2.1.5 Spain
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2.1.6 Rest of Europe
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Europe Food Platform-to-Consumer Delivery Market Size FAQs
What is the current Europe Food Platform-to-Consumer Delivery Market size?
The Europe Food Platform-to-Consumer Delivery Market is projected to register a CAGR of 10.52% during the forecast period (2024-2029)
Who are the key players in Europe Food Platform-to-Consumer Delivery Market?
Just Eat, Deliveroo, Delivery Hero, Uber Eats and Foodhub are the major companies operating in the Europe Food Platform-to-Consumer Delivery Market.
