Latin America Online Food Delivery Market Size & Outlook
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Latin America online food delivery market highlights
- The Latin America online food delivery market generated a revenue of USD 12,917.3 million in 2024.
- The market is expected to grow at a CAGR of 8.6% from 2025 to 2030.
- In terms of segment, platform to consumer was the largest revenue generating type in 2024.
- Platform to Consumer is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2025 to 2030.
Latin America data book summary
| Market revenue in 2024 | USD 12,917.3 million |
| Market revenue in 2030 | USD 21,722.5 million |
| Growth rate | 8.6% (CAGR from 2025 to 2030) |
| Largest segment | Platform to consumer |
| Fastest growing segment | Platform to Consumer |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Restaurant to Consumer, Platform to Consumer |
| Key market players worldwide | Delivery Hero SE, DoorDash Inc Ordinary Shares - Class A, Domino's Pizza Inc, Alibaba Group Holding Ltd ADR, McDonald's Corp, Deliveroo PLC, Papa John's International Inc, Yum Brands Inc, Just Eat Takeaway.com NV, Uber Technologies Inc, Zomato, Grubhub, Waiter.com |
Other key industry trends
- In terms of revenue, Latin America region accounted for 4.5% of the global online food delivery market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 222,958.0 million by 2030.
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Online Food Delivery Market Scope
Online Food Delivery Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Waiter.com | View profile | 101-250 | Sunnyvale, California, United States, North America | https://www.waiter.com |
| Grubhub | View profile | 1001-5000 | Chicago, Illinois, United States, North America | http://www.grubhub.com |
| Zomato | View profile | 1001-5000 | Gurgaon, Haryana, India, Asia | https://www.zomato.com |
| Yum Brands Inc | View profile | 35000 | 1441 Gardiner Lane, Louisville, KY, United States, 40213 | https://www.yum.com |
| Papa John's International Inc | View profile | 13200 | 2002 Papa John's Boulevard, Louisville, KY, United States, 40299-2367 | https://www.papajohns.com |
| McDonald's Corp | View profile | 150000 | 110 North Carpenter Street, Chicago, IL, United States, 60607 | https://www.investor.mcdonalds.com |
| Domino's Pizza Inc | View profile | 11200 | 30 Frank Lloyd Wright Drive, Ann Arbor, MI, United States, 48105 | https://www.dominos.com |
| Alibaba Group Holding Ltd ADR | View profile | 204891 | 1 Matheson Street, Causeway Bay, 26th Floor, Tower One, Times Square, Hong Kong, Hong Kong, | https://www.alibabagroup.com |
| Uber Technologies Inc | View profile | 30700 | 1725 3rd Street, San Francisco, CA, United States, 94158 | https://www.uber.com |
| Just Eat Takeaway.com NV | View profile | 13506 | Piet Heinkade 61, Amsterdam, Netherlands, 1019 GM | https://www.takeaway.com |
| Delivery Hero SE | View profile | 51447 | Oranienburger Strasse 70, Berlin, Germany, 10117 | https://www.deliveryhero.com |
| DoorDash Inc Ordinary Shares - Class A | View profile | 19300 | 303 2nd Street, South Tower, 8th Floor, San Francisco, CA, United States, 94107 | https://www.doordash.com |
| Deliveroo PLC | View profile | 3630 | The River Building, 1 Cousin Lane, Level 1 Cannon Bridge House, London, United Kingdom, EC4R 3TE | https://corporate.deliveroo.co.uk |
Latin America online food delivery market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to online food delivery market will help companies and investors design strategic landscapes.
Platform to consumer was the largest segment with a revenue share of 80.07% in 2024. Horizon Databook has segmented the Latin America online food delivery market based on restaurant to consumer, platform to consumer covering the revenue growth of each sub-segment from 2018 to 2030.
By leveraging technology, online food ordering platforms improved both the consumer and restaurant experience in the region during the forecast period. In February 2023, Rappi, the Colombian-based online delivery and commerce company, launched its services in the city of Resistencia, Argentina.
With this new launch, Rappi would offer a USD 500 gift and 50% discount on the first purchase to the new users. The services would be available in the center of the city.
Additionally, Rappi would provide wide range of services, from the delivery of products from supermarket to restaurants, pharmacies, and courier services.
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Our clientele includes a mix of online food delivery market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America online food delivery market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America online food delivery market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America online food delivery market size, by country, 2018-2030 (US$M)
Latin America Online Food Delivery Market Outlook Share, 2024 & 2030 (US$M)
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