GCC Online Food Delivery Market Overview: Latest Trends, Industry Size, Share and Growth Projection
“Markntel Advisors – Leading Market Research Company” has recently conducted a comprehensive examination of the GCC Online Food Delivery Market, encompassing the forecast period from 2024-30. Utilizing data from the historical period of 2019-22, with 2023 serving as the base year, our proficient team of analysts has devoted considerable time to gather and scrutinize the latest market information. The result is a thorough and current report that proves valuable for individuals making data-driven decisions, including business owners and analysts. Whether your objective is to explore new markets, introduce a new product, or maintain a competitive edge, our research report on the GCC Online Food Delivery Market offers well-researched facts and figures relevant to the industry.
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.
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GCC Online Food Delivery Market Segmentation Analysis:
The GCC Online Food Delivery Market displays a notable combination of robustness and fragmentation, featuring various segments each further subdivided into various sub-segments. Recognizing the significance of market segmentation is crucial for businesses aiming to tailor their strategies, products, and services to align with the specific needs and demands of their target customers. A thorough analysis of market segments and their associated sub-segments empowers businesses to pinpoint new growth opportunities, predict market trends, and devise impactful marketing and sales strategies.
The GCC Online Food Delivery Market is segmented as follows:
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
By Country
- The UAE
- Saudi Arabia
- Qatar
- Oman
- Kuwait
- Bahrain.
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Leading GCC Online Food Delivery Market Player
The report delves into key market players and thoroughly examines their strategic approaches, trends, innovations, and manufacturing infrastructure to project their anticipated market presence over the next five years. The researched data has the capability to differentiate even novice entrants in the long term. Armed with pertinent data and actionable insights, our research report presents a comprehensive landscape of the market, empowering investors and stakeholders to establish a robust position in the GCC Online Food Delivery market. Highlighted in the research report are major players, including:
- Talabat
- Deliveroo
- Mrsool
- Zomato
- Carriage
- Careem
- HungerStation
- Jahez
- EatEasy
- Noon Food
accompanied by their respective net worth and valuation in USD.
Note – If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.
Key Questions Answered in this GCC Online Food Delivery Market Analysis Report
- What is the current size of the GCC Online Food Delivery Market, and what factors contribute to its growth or contraction?
- How does the GCC Online Food Delivery Market share compare among key players, and what strategies are they employing to gain a competitive advantage?
- What latest trends are emerging in the GCC Online Food Delivery Market, and how are these trends expected to evolve in the foreseeable future?
- What is the demand outlook for the GCC Online Food Delivery Market, and how is it influenced by industry-specific factors and broader economic trends?
- What opportunities exist in the GCC Online Food Delivery Market for investors, and what are the latest investment trends and preferences in this sector?
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