According to Cognitive Market Research, The Global Food Delivery market size is USD 156.8 billion in 2023 and will expand at a compound annual growth rate (CAGR) of 12.5% from 2023 to 2030.
The food delivery market thrives on consumers' busy lifestyles and a rising demand for convenient, diverse meal options, reflecting an increasing fusion of culinary exploration and time-saving preferences.
Restaurant Prepared Food Deliver emerges as the dominant category in the type segment.
Online payment stands out as the dominant category in the payment segment.
Asia Pacific Food Delivery will continue to lead, whereas the North American Food Delivery market will experience the most substantial growth until 2030.
