MarkNtel Advisors, a leading market research firm, has showed its latest study titled "GCC Online Food Delivery Market", offering a detailed industry overview and market perspective. This comprehensive research provides insights into the current state of the market, highlighting recent advancements and emerging trends.
The report combines in-depth quantitative analysis with qualitative analysis; it ranges from macro-overviews of the overall market size, industry chain, and market dynamics to micro details of segment markets. This, as a result, provides a thorough overview of the industry under study as well as a profound understanding of all of its important features.
Analysis and Insights into the GCC Online Food Delivery Market: 2024-2030
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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GCC Online Food Delivery Market Driver:
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:
The GCC Online Food Delivery Market is categorized in to different segments. Analyzing growth across these segments enables a comprehensive understanding of key growth areas within the industry. This segmentation provides valuable market insights, empowering stakeholders to make strategic decisions and identify primary market applications effectively.
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.
Geographical Analysis into the GCC Online Food Delivery Market:
· The UAE
· Saudi Arabia
· Qatar
· Oman
· Kuwait
· Bahrain
Read Detailed Index of full Research Study at – https://www.marknteladvisors.com/research-library/gcc-online-food-delivery-market.html
Competitive Landscape and GCC Online Food Delivery Market Share Analysis:
The competitive landscape of the GCC Online Food Delivery Market includes comprehensive details about competitors. These details encompass company overviews, financial performance, revenue generation, market potential, investments in research and development, new market strategies, production facilities, strengths and weaknesses, product launches, ongoing trials, approvals, patents, product range, dominant applications, and technology life cycle.
The report features major players including:
Talabat, Deliveroo, Mrsool, Zomato, Carriage, Careem, HungerStation, Jahez, EatEasy, Noon Food, and others.
Market research studies from MarkNtel Advisors are offered in PDF, Excel and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address.
Questions Addressed in this Study
· What factors are driving the GCC Online Food Delivery Market growth?
· How is the GCC Online Food Delivery Market expected to grow over the next five years?
· What are the key insights into the current trends in the GCC Online Food Delivery Market?
· What is the current size of the GCC Online Food Delivery Market, and how is it projected to change in the future?
· What is the future outlook for the GCC Online Food Delivery Market in terms of technological advancements and market expansion?
Why choose MarkNtel?
MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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