According to a recent comprehensive by MarkNtel Advisors GCC Online Food Delivery Market research report, the GCC Online Food Delivery market is set for significant growth, driven by factors such as market size, share, and evolving trends.
This detailed report offers crucial insights into the market, covering key aspects such as market segmentation and definitions. It outlines the main drivers of growth and provides a clear forecast of the industry’s future direction. Additionally, the study provides a thorough overview of the competitive landscape, detailing recent developments and regional distribution across major areas. An expert competitor analysis delivers an in-depth understanding of market dynamics, offering strategic recommendations for businesses and investors.
With its robust analysis and forward-looking projections, this report is an essential resource for stakeholders aiming to leverage emerging opportunities and address potential challenges in the GCC Online Food Delivery market.
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GCC Online Food Delivery Market (2024-2030): Analysis and Growth
The GCC Online Food Delivery Market size in 2023 was valued at around USD 3.93 billion and is expected to reach around USD 11.18 billion by 2030.
What are the key drivers fueling growth in the GCC Online Food Delivery market from 2024-2030?
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.
GCC Online Food Delivery Market : Segmentation Analysis
-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
Explore the Complete Analysis Report – https://www.marknteladvisors.com/research-library/gcc-online-food-delivery-market.html
What role do key competitors play in shaping the market, and how are they adapting to emerging trends and challenges?
Talabat, Deliveroo, Mrsool, Zomato, Carriage, Careem, HungerStation, Jahez, EatEasy, Noon Food, and others“
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Key Questions Answered in the Research Report:
- What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
- What are the trends influencing the current scenario of the market?
- What key factors would propel and impede the industry across the country?
- How has the industry been evolving in terms of geography & solution adoption?
- How have buying behavior, customer inclination, and expectations from product manufacturers been evolving during 2024-30?
- Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?
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