GCC Online Food Delivery Market Share Will Hit USD 11.18 billion by 2030 at 14.48% CAGR: Research Report By MarkNtel Advisors

Market Overview:

MarkNtel Advisors has released a new report that highlights the strong growth trajectory of the GCC Online Food Delivery Market, 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. The market is also estimated to grow at a CAGR of around 14.48% during the forecast period, i.e., 2024-30. Various factors are attributed to the growth of the market like growth in automobile production, growing focus on lightweight & sustainable materials, rising demand for luxury & customized interiors, increasing focus on safety standards, and the adoption of Advanced Driver Assistance Systems (ADAS). The report provides valuable insights into the drivers, trends, and challenges shaping the future of the GCC Online Food Delivery Market. It offers an in-depth look at the key players, geographical performance, and the segments leading the charge in market share.

Industry Outlook & Forecasts:

• Forecast Period: 2024-2030
• Market Size by 2023: 3.93 billion
• CAGR (2024-2030): 14.48%

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GCC Online Food Delivery Market Segmentation Breakdown:

The GCC Online Food Delivery Market explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic.  The further bifurcations are as follows:

By Service Type

• Platform-to-Consumer- Market Size & Forecast 2019-2030F, USD Million
• Restaurant-to-Consumer- Market Size & Forecast 2019-2030F, USD Million

Among them, the Platform-to-Consumer segment holds a dominant market share due to their ease of use and versatility in having multiple options in terms of restaurants and cuisines.

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

Of them, the digital payments segment holds a substantial market share due to the increasing shift of consumers towards online payment services.

Geographical Growth Insights:

By Country

• The UAE
• Saudi Arabia
• Qatar
• Oman
• Kuwait
• Bahrain

Geographically, Saudi Arabia holds a prominent market share due to the increasing urban population in the country. Saudi Arabia has a relatively larger population than other Gulf countries.

MarkNtel Advisors Highlights Key Market Drivers for GCC Online Food Delivery Market:

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.

Explore More About This Research Report @ https://www.marknteladvisors.com/research-library/gcc-online-food-delivery-market.html

A Comprehensive Analysis of Leading Companies in GCC Online Food Delivery Market

• Talabat
• Deliveroo
• Mrsool
• Zomato
• Carriage
• Careem
• HungerStation
• Jahez
• EatEasy
• Noon Food
• Others

GCC Online Food Delivery Market Recent Development:

• 2023: Deliveroo: Partnered with the UAE Food Bank to Reduce Food Waste, to further maintain the regulation regarding the UAE government's plan to reduce food wastage by 50% by 2030.  
• 2023: Talabat: Unveiled a new AI-powered assistant that would provide customers with cooking tips, nutritional information, and suitable complimentary dishes to go with their meals.

What are the growth Challenge driving the GCC Online Food Delivery Market?

Stringent Regulations & Apprehension Regarding the Food Quality Hinders Market Growth – In GCC countries, the governments have laid strict regulations regarding the ingredients to be put in the food prepared by the restaurants. Additionally, the cloud kitchens that cook meals for the customers must adhere to the safety & hygiene protocol. However, incidents regarding the non-compliance of these safety protocols have been reported. In 2024, the Abu Dhabi Agriculture and Food Safety Authority (ADAFSA) reported that two eateries in the country violated hygiene standards and were using dirty refrigerators & kitchen equipment. As a result, consumers have lost their trust in the hotels & restaurants and they refrain from ordering food online.

Moreover, since the food is prepared by the hotels and delivered at the location which might be a large distance. Therefore, the companies need to ensure that the temperature of the food remains the same. As a result, they use insulated bags, packages & containers. However, it most likely happens that the delivery for longer distances takes time and the food gets cold. Therefore, consumers prefer to either at restaurants or cook their meals at home, restraining the market growth.

Further, the majority of the customers in the GCC countries follow halal dietary practices and prefer to eat food prepared using halal-certified products. These individuals are concerned about the ingredients used by restaurants or cloud kitchens. Therefore, they highly prefer to cook food at home, hampering the market growth.

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About Us –

MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

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