Middle East & Africa Online Food Delivery Market Size & Outlook
Middle East & Africa online food delivery market, 2018-2030 (US$M)
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MEA online food delivery market highlights
- The MEA online food delivery market generated a revenue of USD 4.9 million in 2022.
- The market is expected to grow at a CAGR of 17.5% 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.
MEA data book summary
| Market revenue in 2022 | USD 4.9 million |
| Market revenue in 2030 | USD 17.9 million |
| Growth rate | 17.5% (CAGR from 2022 to 2030) |
| Largest segment | Platform-to-consumer |
| Fastest growing segment | Platform-to-Consumer |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 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, MEA region accounted for 7.6% 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 Scope
Online Food Delivery Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa 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 71.43% in 2022. Horizon Databook has segmented the Middle East & Africa online food delivery market based on restaurant-to-consumer, platform-to-consumer covering the revenue growth of each sub-segment from 2018 to 2030.
The regional growth can be attributed to the growing number of QSR restaurants, growing popularity of western foods, changing work lifestyles, and increasing adoption of cloud kitchens. With the growing demand for quality of food at reasonable prices, KLC Virtual Restaurants.
A virtual assistant company, developed virtual restaurants across the Gulf Corporation Council (GCC), to satisfy the online market demand. During the COVID-19 pandemic, KLC services were available 24 hours a day.
This helped the company to capture a bigger market share. Additionally, with over 40 virtual brands in Kuwait region, KLC covers around 90% of the delivery areas and delivers24*7 and has its own delivery fleet and uses third-party aggregators for 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 Middle East & Africa online food delivery market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa online food delivery market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Middle East & Africa Online Food Delivery Market Outlook Share, 2022 & 2030 (US$M)
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