The Online Food Delivery market in United Kingdom has seen significant growth in recent years, with a variety of factors contributing to its success.
Customer preferences: One of the main reasons for the growth of the Online Food Delivery market in United Kingdom is the increasing demand for convenience. As people lead increasingly busy lives, they are looking for ways to save time and make their lives easier. Online Food Delivery services provide a quick and easy way to get food delivered straight to their door, without the hassle of cooking or going out to a restaurant. In addition, the rise of technology has made it easier than ever to order food online, with many platforms offering user-friendly interfaces and convenient payment options.
Trends in the market: One trend that has emerged in the Online Food Delivery market in United Kingdom is the increasing popularity of healthy food options. As people become more health-conscious, they are looking for ways to eat nutritious food without sacrificing convenience. Many Online Food Delivery platforms now offer healthy meal options, catering to this growing demand. Another trend is the rise of plant-based food options, as more people adopt a vegan or vegetarian lifestyle.
Local special circumstances: The Online Food Delivery market in United Kingdom is unique in that it is home to a large number of traditional food options, such as fish and chips and Sunday roast. However, this has not stopped the market from embracing new trends and innovations. In fact, many traditional restaurants have partnered with Online Food Delivery platforms to offer their food to a wider audience. This has helped to boost the popularity of these traditional dishes, while also introducing them to a new generation of consumers.
Underlying macroeconomic factors: The growth of the Online Food Delivery market in United Kingdom can also be attributed to underlying macroeconomic factors. For example, the rise of the gig economy has made it easier for people to work flexible hours, including as delivery drivers for Online Food Delivery platforms. In addition, the increasing popularity of smartphones and mobile devices has made it easier for people to order food online, regardless of their location. Finally, the COVID-19 pandemic has accelerated the growth of the Online Food Delivery market in United Kingdom, as more people are staying at home and relying on delivery services for their meals.
Data coverage:
The data encompasses B2C enterprises. Figures are based on Gross Merchandise Value (GMV) and represent what consumers pay for these products and services. The user metrics show the number of customers who have made at least one online purchase within the past 12 months.Modeling approach / Market size:
Market sizes are determined through a bottom-up approach, building on predefined factors for each market. As a basis for evaluating markets, we use annual financial reports of the market-leading companies, third-party studies and reports, as well as survey results from our primary research (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, GDP per capita, and internet connection speed. This data helps us estimate the market size for each country individually.Forecasts:
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing. The main drivers are internet users, urban population, usage of key players, and attitudes toward online services.Additional notes:
The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. GCS data is reweighted for representativeness.
Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)
