As the global fitness market continues to grow, the demand for innovative and effective fitness app development solutions has never been higher. In this article, we'll dive into the latest statistics and trends in the industry, exploring the key highlights that are shaping the future of fitness.
Key Highlights
The online food delivery market size was estimated at USD 221.65 billion in 2022, with revenue projected to reach US$1.02tn in 2023. The Platform-to-Consumer Delivery segment is expected to show a revenue growth of 12.8% in 2024. DoorDash held 66% of the monthly sales in the US meal delivery market as of December 2023, while Uber Eats accounts for approximately 23%. Grubhub's market share in the US has declined to 8% as of 2023.
Fitness app development is an integral part of this growth, with 63% of young adults (ages 18-29) using third-party food delivery apps. The average American spends approximately $1,850 annually on food delivery, with 34% of consumers spending at least $50 per order when ordering delivery. The average food delivery time globally is approximately 35 minutes.
Consumer Behavior
Consumer behavior plays a crucial role in shaping the fitness app development industry. For instance, Friday is the most popular day for ordering food delivery, while 57% of millennials say that they have food delivered so they can watch movies and TV shows at home. Consumers place 13% larger orders when ordering via delivery apps versus in-store, with 70% of consumers saying they'd rather order directly from a restaurant, preferring that their money goes straight to the restaurant.
Impact on Restaurants
The rise of fitness app development has a significant impact on restaurants. For instance, 31% of restaurant operators say they would not have survived the pandemic without third-party delivery. Restaurants pay commissions ranging from 15% to 30% on orders placed through third-party apps, with menu prices on third-party apps being on average 15-20% higher than in-store prices to offset commissions.
Market Size & Growth
The global online food delivery market size is projected to reach US$1.02tn in 2023, with the Platform-to-Consumer Delivery segment expected to show a revenue growth of 12.8% in 2024. User penetration in the Online Food Delivery segment will be at 25.2% in 2023, while the US food delivery market is expected to grow at a CAGR of 10.3% from 2023 to 2030.
In this article, we've explored the key highlights and trends shaping the fitness app development industry. From consumer behavior to restaurant impact, the rise of fitness app development has far-reaching implications for the global food delivery market.