Latin America Online Food Delivery Market Size & Outlook

The online food delivery market in Latin America is expected to reach a projected revenue of US$ 15.1 million by 2030. A compound annual growth rate of 17.6% is expected of Latin America online food delivery market from 2023 to 2030.
Revenue, 2022 (US$M)
$4.1
Forecast, 2030 (US$M)
$15.1
CAGR, 2023 - 2030
17.7%
Report Coverage
Latin America

Latin America online food delivery market highlights

  • The Latin America online food delivery market generated a revenue of USD 4.1 million in 2022.
  • The market is expected to grow at a CAGR of 17.6% from 2023 to 2030.
  • In terms of segment, platform-to-consumer was the largest revenue generating type in 2022.
  • 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 2023 to 2030.


Latin America data book summary

Market revenue in 2022USD 4.1 million
Market revenue in 2030USD 15.1 million
Growth rate17.6% (CAGR from 2022 to 2030)
Largest segmentPlatform-to-consumer
Fastest growing segmentPlatform-to-Consumer
Historical data covered2018 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationRestaurant-to-Consumer, Platform-to-Consumer
Key market players worldwideDelivery 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 6.4% of the global online food delivery market in 2022.
  • 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 112.0 million by 2030.

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Online Food Delivery Market Companies

Name Profile # Employees HQ Website

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 70.73% in 2022. 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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Target buyers of Latin America online food delivery market databook

  • Our clientele includes a mix of online food delivery market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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, 2022 & 2030 (US$M)

Latin America online food delivery market size, by country, 2018-2030 (US$M)

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