Asia Pacific Online Food Delivery Market Size & Outlook
The online food delivery market in Asia Pacific is expected to reach a projected revenue of US$ 222,958.0 million by 2030. A compound annual growth rate of 10.4% is expected of Asia Pacific online food delivery market from 2025 to 2030.
Asia Pacific online food delivery market highlights
The Asia Pacific online food delivery market generated a revenue of USD 120,111.3 million in 2024.
The market is expected to grow at a CAGR of 10.4% from 2025 to 2030.
In terms of segment, platform to consumer was the largest revenue generating type in 2024.
Platform to Consumer is the most lucrative type segment registering the fastest growth during the forecast period.
Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
Asia Pacific data book summary
Market revenue in 2024
USD 120,111.3 million
Market revenue in 2030
USD 222,958.0 million
Growth rate
10.4% (CAGR from 2025 to 2030)
Largest segment
Platform to consumer
Fastest growing segment
Platform to Consumer
Historical data covered
2018 - 2023
Base year for estimation
2024
Forecast period covered
2025 - 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, Asia Pacific region accounted for 41.6% of the global online food delivery market in 2024.
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 222,958.0 million by 2030.
The regional growth can be attributed to the changing lifestyle and food preferences of consumers along with rapid urbanization have led to the increase in the number of online food delivery, thereby driving the demand for various types of food service equipment.
In August 2022, Foodpanda, and Grab Deliveroo, announced the partnership to launch the Digital Platforms Industry Association (DPIA) in Singapore. The platform would strengthen the guidelines, frameworks, and policies, to support delivery partners and merchants.
Additionally, the platform would provide opportunities to upskill them and boost the existing health and safety standards for its delivery partners and merchants and shape the development and growth of the Singapore’s national economy.
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 Outlook will help companies and investors design strategic landscapes.
Platform To Consumer was the largest segment with a revenue share of 81.48% in 2024.
Horizon Databook has segmented the Asia Pacific 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 changing lifestyle and food preferences of consumers along with rapid urbanization have led to the increase in the number of online food delivery, thereby driving the demand for various types of food service equipment.
In August 2022, Foodpanda, and Grab Deliveroo, announced the partnership to launch the Digital Platforms Industry Association (DPIA) in Singapore. The platform would strengthen the guidelines, frameworks, and policies, to support delivery partners and merchants.
Additionally, the platform would provide opportunities to upskill them and boost the existing health and safety standards for its delivery partners and merchants and shape the development and growth of the Singapore’s national economy.
Asia Pacific Online Food Delivery Market Type Outlook (Revenue, USD Million , 2018-2030)
Restaurant to Consumer
Platform to Consumer
Asia Pacific Online Food Delivery Market Product Type Outlook (Revenue, USD Million , 2018-2030)
Grocery Delivery
Meal Delivery
Asia Pacific Online Food Delivery Market Payment Method Outlook (Revenue, USD Million , 2018-2030)
Online Payment
Cash on Delivery
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific Online Food Delivery Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific Online Food Delivery Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Asia Pacific Online Food Delivery Market, 2018-2030 (US$M)