Xin Ou
Research expert covering Greater China
Online food delivery in Latin America - statistics & facts
The wide range of foods offered and the possibility of enjoying them with just a couple of clicks from the comfort of home is a winning combination that has boosted online food delivery worldwide. In Latin America, the food service business has always enjoyed great dynamism, but the online delivery boom spawned by the COVID-19 outbreak intensified consumer demand. Despite the economic challenges posed by the cost-of-living crisis, the regional food delivery market remains on an upward trajectory. Estimates indicate that revenues generated by this sector will exceed 33 billion U.S. dollars in 2023, nearly 24 percent more than the previous year.
