Online Food Delivery Market – UAE
Market Statistics
Base Year: 2023
Historical Years: 2018-2023
Forecast Years: 2024-2032
Market Size in 2023: USD 651 Million
Market Size in 2032: USD 1,625 Million
Market Growth Rate (CAGR) 2024-2032: 10.70%
According to IMARC Group’s report titled “UAE Online Food Delivery Market Report and Forecast 2024-2032,” the market reached USD 651 million in 2023. Looking forward, IMARC Group expects the market to reach USD 1,625 million by 2032, exhibiting a growth rate (CAGR) of 10.70% during 2024-2032.
UAE Online Food Delivery Market Trends and Drivers:
- Urbanization and Disposable Incomes: Significant growth driven by rapid urbanization and increased disposable incomes.
- Smartphone and Internet Usage: Widespread use of smartphones and improved internet connectivity enhancing accessibility to food delivery services.
- Convenience Demand: Busy lifestyles increasing demand for convenient dining options.
- Diverse Cuisines: The diverse expatriate population contributing to a wide variety of available cuisines.
- Technological Advancements: User-friendly apps and AI-driven recommendations improving the customer experience.
- Cloud Kitchens and Partnerships: Emergence of cloud kitchens and collaborations with local restaurants expanding service options.
- Promotions and Loyalty Programs: Attracting and retaining customers through promotions and loyalty programs.
- Healthier Eating Trends: Rising interest in healthier eating leading to more nutritious menu options.
- International Cuisines: Boosted demand for international cuisines due to the influx of expatriates and tourists.
- Smart Home Integration: New growth opportunities through integration with smart home devices and voice-activated assistants.
- Corporate Catering: Increasing corporate catering for meetings and events contributing to market expansion.
- Eco-Friendly Practices: Appeal of eco-friendly packaging and sustainable delivery practices to environmentally conscious consumers.
- Technological Investments: Investments and mergers driving advancements in technology and service quality.
- Cashless Transactions: Simplified payments through cashless transactions and digital wallets encouraging more users.
Download sample copy of the Report: https://www.imarcgroup.com/uae-online-food-delivery-market/requestsample
UAE Online Food Delivery Industry Segmentation:
The report has segmented the market into the following categories:
Platform Type Insights:
- Mobile Applications
- Websites
Business Model Insights:
- Order Focused Food Delivery System
- Logistics-based Food Delivery System
- Full Service Food Delivery System
Payment Method Insights:
- Online
- Cash on Delivery
Regional Insights:
- Dubai
- Abu Dhabi
- Sharjah
- Others
Request for customization: https://www.imarcgroup.com/request?type=report&id=23528&flag=C
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Key highlights of the Report:
- Market Performance (2018-2023)
- Market Outlook (2024-2032)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Strategic Recommendations
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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