We see the global restaurant delivery industry growing at a ~14% CAGR, reaching ~$810bn by 2027 - MS
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Morgan Stanley sees global restaurant delivery industry reaching $810bn by 2027
May 24, 2023 9:12 AM EDTMorgan Stanley's Brian Nowak told investors in a note Wednesday that they see the global restaurant delivery industry reaching ~$810 billion by 2027. That represents a 14% CAGR.
"We size the Global Restaurant Delivery TAM at $2.7trn in 2023, still only ~18% penetrated, with online restaurant delivery generating an estimated ~$480bn in sales set to grow at a... More
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