Online Food Delivery Market Is Estimated To Exhibit At USD 388.74 Billion By 2028
San Francisco, 18 Oct 2022: The Report Online Food Delivery Market Size, Share & Trends Analysis Report By Type (Platform To Consumer Delivery, Restaurant To Consumer Delivery), By Region, And Segment Forecasts, 2022 - 2028 The global online food delivery market size is expected to reach USD 388.74 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 10.8% from 2022 to 2028. The major growth factors include the growing preference of consumers toward mobile applications for ordering online foods owing to the ease of availability. Further, various major food delivery companies are expanding their customer base by entering into untapped markets geographically and demographically, which further drives the market. However, the rising adoption of takeaway facilities by the restaurants is projected to restrain the market growth over the forecast period. The platform to consumer delivery type segment witnessed significant growth