The online food delivery market continues to surge, driven by growing consumer demand for convenience. According to data presented by Stocklytics.com, the global online food delivery market is on track to become a $2 trillion industry by 2030.

In just five years, the online food delivery market has evolved from a lockdown-era necessity into a trillion-dollar industry with billions of users worldwide. Millions of tech-savvy millennials and Gen Zs worldwide now see food delivery as a daily norm rather than an occasional treat, fueling growth across both restaurant orders and grocery delivery segments.

In 2025, people worldwide are expected to spend a whopping $1.39 trillion on food delivery, $188 billion more than last year. Grocery delivery will account for 67% of that total, generating $938 billion in revenue, while meal delivery is projected to bring in another $455 billion.

Investing in growth

What began as a simple meal delivery service has grown into a complex network of ghost kitchens, smart logistics, and integrated grocery options.

Although the explosive growth seen during the pandemic has slowed, food delivery platforms are now shifting their focus to profitability. They’re using AI-powered logistics, subscription models, and flexible pricing to improve margins, while local partnerships help retain customers and cut costs. This strategic shift continues to drive strong revenue growth, bringing an optimistic market outlook for the coming years.

Grocery vs meals

Global food delivery spending to grow by an average of $125 billion each year, reaching a staggering $2 trillion by 2030. Most of this growth will come from the grocery delivery segment, which is expected to surge by 60% and generate $1.49 trillion in revenue by 2030. The average spending per user in this category will also climb by around $100, reaching over $640.

In comparison, the meal delivery segment is expected to see more modest growth, rising 15% to $520 billion, with average user spending increasing slightly to $208, only $3 more than this year.