Europe Online Food Delivery Market Forecast Report by Platform Type, Business Model, Payment Method, Country and Company Analysis 2024-3032

Europe Online Food Delivery Market Size

Europe Online Food Delivery market is predicted to grow US$ 62.59 billion by 2032 to US$ 26.77 billion in 2023, with a healthy CAGR of 9.9% from 2024 to 2032. Factors driving this expansion population growth and density especially in the urban areas, altering consumer preferences into convenience and lastly, delivery technology and mobile application advancement.

Europe Online Food Delivery Market Outlooks

Online food delivery, an ultra-modern phenomenon still traceable its origin to the prehistoric period, involves a service through which consumers or rather clients can place orders of meals from restaurants or other food retailers through websites or application on their mobile devices. It empowers clients to order foods online, view menus, and even make payments, and the foods are delivered to their desired destinations like homes or office. As previously stated, food delivery service is congenial with European region due to its chronological background with food services.

Food delivery ordering has in the past been cumbersome where it involved a direct order through a telephone call or picking an order from a restaurant. However, advancement in technology has come to categories these items making it more flexible and easier to have variety to the types of foods to be eaten. Third-party interfaces, or as they are also called 'aggregators', such as Eat or Takeaway. com, have enabled the consumers to order from multiple restaurants through availing the menus, and receiving orders at a given fee. Later, platforms that connect those who want to order food from restaurants with drivers willing to deliver those meals without using company's drivers appeared, such as Uber Eats, Deliveroo, or Glovo. The following digital platforms enable the restaurant business to deliver food to customers by paying a fee to access the delivery network of independent contractors.

Driving factors in the European online food delivery market

Urbanization in Europe drives demand for convenient food delivery due to busy lifestyles

In Europe, the process of urbanization plays a crucial role in the consumption of online food delivery services. That is why, being associated with the concept of cities and their inhabitants concentrating more and more, the fast pace of the urban life leads to reliance on the convenient meals. Online food delivery also suits many urban residents especially working people who do not have ample time to spend on food preparation and buying. he has added that this trend is complemented by increase in dual salary barn, thus leaving less time to be spent in preparing meals. Therefore, food delivery platforms have started capitalizing on this market, providing customers with a wide choice of dining facilities meeting the needs of Europe's active cities, thus highlighting the variety of the European food market.

European Hectic lifestyles and dual-income households drive demand for quick and convenient meal solutions

With increasing number of couples in Europe having both partners employed, pressure for cheaper and faster foods has emerged. This is good for many people because they lack time for cooking, and this explains why many of them now order their meals from online food delivery services. This is so as people look for alternatives that they can fix in the ever-constricting schedules of their daily lives. As a consequence, the online food delivery segment is advancing rapidly and provides various options for nutrition as modern Europeans' needs change to find more convenient ways to get food.

Investment in logistics and delivery networks in Europe

Retailer logistics and delivery investments enhance European online food delivery market services. Improved supply chain solutions shorten delivery time and thus, deliver the meals in a fresher condition to clients. Sophisticated delivery networks allow platform businesses to enlarge their operational service areas, including the penetration of more consumers in the urban and suburban zones. It improves the possibilities of selling its products to the target market and enhances the intensity of competition. The extension of logistical networks constantly, the implementation of advanced technologies and delivery routes contribute to the process of distribution in food, receive constant development and positive impact on the improvement of the general customer relations in Europe region.

Germany's online food delivery market

The online food delivery business has expanded significantly in the Germany market within the past few years. This growth is due to the fact that people's habits are altering, and technology continues to advancing. Market is dominated by Lieferando, Uber Eats, Wolt offering variety of cuisines and short delivery time. Technological developments and furthering of mobile applications in the process of ordering food make it convenient and easy. Also, the market is quite relevant to the topic of a healthy diet and environmental friendliness, providing more products made from organic food and the use of environmentally friendly packaging materials. The intensity of competition affects organizations to look for efficient ways of performing logistics and delivering goods and services in different urban and suburban areas. It allows large growth, high satisfaction levels among clients and a constantly changing environment for your business.

European Online Food Delivery Company Analysis

Some prominent European online food delivery players include Delivery Hero SE, Grab Holdings Inc., Uber Technologies Inc., Roofoods Ltd (Deliveroo), and Yum! Brands Inc., DoorDash Inc., and Zomato Ltd.

European Online Food Delivery Company News

In October 2023, Italian delivery company BRT launched a new service specializing in fresh food products.

In December 2022, Oda, a significant player in the European online grocery delivery market with operations in Norway, Finland, and Germany, declared a successful equity funding round, raising an impressive 1.5 billion Norwegian crowns.

December 2022, Hamburg-based Circus secured €11 million in funding to drive a significant transformation within the food delivery industry.

Platform Type: Market has been covered from 2 viewpoints

Mobile Applications

Websites

Business Model: Market has been covered from 3 viewpoints

Order Focused Food Delivery System

Logistics Based Food Delivery System

Full-Service Food Delivery System

Payment Method- Market has been covered from 2 viewpoints

Online Payment

Cash on Delivery

Country: Market has been covered from 6 viewpoints

Germany

France

United Kingdom

Italy

Spain

Others

All companies have been covered into 4 viewpoints

Overviews

Recent Developments & Strategies

Product Portfolio & Product Launch in Last 1 Year

Revenue

Key Players Analysis

Delivery Hero SE

Grab Holdings Inc.

Uber Technologies Inc.

Roofoods Ltd (Deliveroo)

Yum! Brands Inc.

DoorDash Inc.

Zomato Ltd.