Online Food Delivery - Singapore

  • Singapore
  • Revenue in the Online Food Delivery market is projected to reach €1.42bn in 2023.
  • Revenue is expected to show an annual growth rate (CAGR 2023-2027) of 7.40%, resulting in a projected market volume of €1.89bn by 2027.
  • The Grocery Delivery segment is expected to show a revenue growth of 13.7% in 2024.
  • The market's largest segment is Grocery Delivery with a projected market volume of €0.80bn in 2023.
  • In global comparison, most revenue will be generated in China (€386,300.00m in 2023).
  • The average revenue per user (ARPU) in the Grocery Delivery segment is projected to amount to €0.59k in 2023.
  • In the Meal Delivery segment, the number of users is expected to amount to 3.69m users by 2027.
  • User penetration in the Meal Delivery segment will be at 53.0% in 2023.
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