GCC Online Food Delivery Market Overview: 2024-2030
Base Year: 2023
Historical Years: 2019-22
Forecast Years: 2024-2030
The GCC Online Food Delivery Market reports delivers an in-depth assessment of market size, share, and emerging trends, offering valuable insights into growth opportunities. It examines market segmentation and definitions, highlighting core components and key drivers of expansion. By applying SWOT and PESTEL analyses, the study evaluates the sector’s strengths, weaknesses, opportunities, and threats, while also considering political, economic, social, technological, environmental, and legal factors. Expert reviews of competitor strategies and recent developments provide a clearer view of regional dynamics and future market trajectories, establishing a strong foundation for strategic planning and informed investment decisions.
What will be the market size of GCC Online Food Delivery market 2030?
The GCC Online Food Delivery Market size in 2023 was valued at around USD 3.93 billion and is expected to reach around USD 11.18 billion by 2030. The market is also estimated to grow at a CAGR of around 14.48% during the forecast period, i.e., 2024-30.
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Who are the top companies operating in the GCC Online Food Delivery market?
The report features prominent companies operating in the GCC Online Food Delivery market and the successful strategies they have adopted. It also provides detailed insights into each company’s market share and their role in driving the industry’s growth. As per MarkNtel Advisors, top companies in GCC Online Food Delivery market: Talabat, Deliveroo, Mrsool, Zomato, Carriage, Careem, HungerStation, Jahez, EatEasy, Noon Food, and others.
What is the key factor projected to fuel growth in the GCC Online Food Delivery Market between 2024 and 2030?
Growing Workforce & Fast-Paced Life of the Individuals Uplifting the Demand for Food Delivery Services – In recent years, the working population, especially the women workforce has substantially increased. As per the International Monetary Fund (IMF), as of 2022, female participation in the GCC labor force has increased five times since 2010. The rise in female professionals is accentuating the demand for online food services since working women have little to no time to prepare a meal. Also, the cost of hiring a temporary or permanent chef is extremely expensive in the GCC country. According to the Popular recruitment agency, the cost of hiring a personal chef is around USD 108 to USD 136 daily. Therefore, individuals tend to order food online, augmenting market size & volume.
Further, POST-COVID-19, consumers have shifted towards online food delivery rather than eating in restaurants. As per the consumer survey conducted by the company Mad Mobile Inc., more than 66% of adults prefer to place orders online instead of eating them in restaurants & café. This transition of the consumers towards online food delivery would continue to enlarge the market size even during the forthcoming years.
GCC Online Food Delivery Market – Segmentation Analysis
By Service Type
-Platform-to-Consumer- Market Size & Forecast 2019-2030F, USD Million
-Restaurant-to-Consumer- Market Size & Forecast 2019-2030F, USD Million
By Cuisine
-Local Arabic Cuisine- Market Size & Forecast 2019-2030F, USD Million
-Indian Food- Market Size & Forecast 2019-2030F, USD Million
-Continental – Market Size & Forecast 2019-2030F, USD Million
-Others – Market Size & Forecast 2019-2030F, USD Million
By Business Model
-Logistics Based- Market Size & Forecast 2019-2030F, USD Million
-Full Service- Market Size & Forecast 2019-2030F, USD Million
By Food Type
-Vegetarian – Market Size & Forecast 2019-2030F, USD Million
-Non- Vegetarian – Market Size & Forecast 2019-2030F, USD Million
-Others- Market Size & Forecast 2019-2030F, USD Million
By Food Buyer Nationality
-Arabic- Market Size & Forecast 2019-2030F, USD Million
-Indian- Market Size & Forecast 2019-2030F, USD Million
-Pakistani- Market Size & Forecast 2019-2030F, USD Million
-South East Asian- Market Size & Forecast 2019-2030F, USD Million
-European- Market Size & Forecast 2019-2030F, USD Million
-African- Market Size & Forecast 2019-2030F, USD Million
-Others- Market Size & Forecast 2019-2030F, USD Million
By Size of the Order
-Upto USD 30- Market Size & Forecast 2019-2030F, USD Million
-USD31 to USD 50- Market Size & Forecast 2019-2030F, USD Million
-Above USD 50- Market Size & Forecast 2019-2030F, USD Million
By Consumer Age Group
-Upto 25 Years- Market Size & Forecast 2019-2030F, USD Million
-26 to 35 Years- Market Size & Forecast 2019-2030F, USD Million
-36 to 50 Years- Market Size & Forecast 2019-2030F, USD Million
-Above 50 Years- Market Size & Forecast 2019-2030F, USD Million
By Platform
-Mobile Applications- Market Size & Forecast 2019-2030F, USD Million
-Web-Based Platform- Market Size & Forecast 2019-2030F, USD Million
By Payment
-Cash on Delivery- Market Size & Forecast 2019-2030F, USD Million
-Digital Payments- Market Size & Forecast 2019-2030F, USD Million
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How does the GCC Online Food Delivery Market vary across different geography?
By Country
-The UAE
-Saudi Arabia
-Qatar
-Oman
-Kuwait
-Bahrain.
This Section cover detailed analysis of revenue, market share and growth rate, historical data (2020-23) and forecast (2024-2030) of the following segmentation and geography.
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Comprehensive Table of Contents – GCC Online Food Delivery Market Analysis and Forecast,
2024-2030
- Table 1: Introduction
- Table 2: Executive Summary
- Table 3: Market Regulations, Policies & Standards
- Table 4: GCC Online Food Delivery Market Size, Share & Scope, 2020-2030F
- Table 5: Market Trends & Developments
- Table 6: Market Dynamics (Key Drivers, and Challenges)
- Table 7: Market Hotspots & Opportunities
- Table 8: Market Value Chain Analysis
- Table 9: Market Outlook, 2020-2030F
- Table 10: Market Size & Analysis by Revenues (USD Million):
- Table 11: Market Size & Forecast 2020–2030 by Segmentation
- Table 12: Market Size & Forecast 2020–2030 by Geography
- Table 13: Key Strategic Imperatives for Success & Growth
- Table 14: Competitor Analysis of GCC Online Food Delivery Companies
Key Benefits for Industry Participants and Stakeholders
- Insight into emerging market trends and investment opportunities
- Understanding of regional market dynamics and competitive landscapes
- Data-driven forecasts to support strategic decision-making
- Access to industry benchmarks for performance evaluation
- Identification of potential risks and growth challenges
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