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Comprehensive Peer-To-Peer Dining Market Forecast 2025-2034: Growth Trends and Strategic Shifts
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Peer-To-Peer Dining Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In recent times, the peer-to-peer dining market has seen consistent growth. The market that is projected to be worth $6.36 billion in 2024 will experience an increase to $6.64 billion in 2025, posting a compound annual growth rate (CAGR) of 4.3%. This surge during the historical period is driven by factors such as growing internet access, social media popularity, burgeoning food tourism, rising demand for distinctive experiences, and growth in the disposable income.
Peer-To-Peer Dining Market Size Forecast: What's the Projected Valuation by 2029?
The size of the peer-to-peer dining market is predicted to maintain a steady growth trajectory in the upcoming years, ballooning to $7.77 billion in 2029 at a compound annual growth rate (CAGR) of 4.0%. Factors contributing to the projected growth during this period include the sustained popularity of the foodie culture, accelerating urbanization, heightened emphasis on sustainability, demand for unique and personalized experiences, and the escalation in experiential travel. The period is also expected to see significant trends like the adoption of virtual reality, implementation of blockchain for improved transparency, use of artificial intelligence for personalized recommendations, rise in subscription-based services, and eagerness towards zero-waste cooking.
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What Are the Drivers Transforming the Peer-To-Peer Dining Market?
The escalation in the trend of preparing meals at home is predicted to fuel the expansion of the peer-to-peer dining marketplace in the future. The term 'home cooking' pertains to the act of making food at home using rudimentary cooking methods and raw ingredients. This practice has seen a surge in popularity owing to a heightened emphasis on health, saving money, and the pleasure derived from crafting personal, healthy meals. Peer-to-peer dining enhances the home cooking experience by enabling individuals to exchange home-cooked dishes, facilitating a sense of community and cultural dialogue. For instance, in December 2023, a report by the Bureau of Labor Statistics, a federal agency hailing from the US, stated that home food expenditures crossed the $5,700 mark in 2022. Therefore, the burgeoning trend of home cooking is contributing to the growth of the peer-to-peer dining marketplace.
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What Long-Term Trends Will Define the Future of the Peer-To-Peer Dining Market?
Key players in the peer-to-peer dining sector are aiming to introduce inventive services such as home-cooked meal offerings, with the intentions of providing cost-effective, fresh and hearty meals akin to those prepared at home. These services are brought to life by individuals or platforms that offer meals made in personal kitchens for others to enjoy, often highlighting the charm of homemade, local, or customized culinary experiences. For example, in the month of February of the year 2023, Zomato, a company rooted in India that serves as an online guide for dining and food ordering, unveiled its new service dubbed Zomato Everyday. The service is targeted at providing affordable home-cooked meals. The concept behind this move is tailoring their services to cater to people residing far from their families, who frequently crave the familiarity and warmth of food cooked at home. Real home chefs will prepare these meals, ensuring the taste of these dishes is reminiscent of homemade food. Substituting Zomato's precedent 10-minute delivery feature, this move indicates a strategic pivot towards providing wholesome meals similar to those made at home, all at competitive rates.
Which Segments in the Peer-To-Peer Dining Market Offer the Most Profit Potential?
The peer-to-peer diningmarket covered in this report is segmented -
1) By Dining: Casual Home Dining, Fine Dining, Themed Dinners, Food Tours
2) By Nationality: Domestic, International
3) By Demographic: Male, Female, Kid
4) By Age Group: Below 15 Years, 16 To 25, 26 To 35, 36 To 45, 46 To 55, Above 55
5) By Booking Channel: Direct Bookings, Online Travel Agencies (OTAs), Other Booking Platforms
Subsegments:
1) Casual Home Dining: Family-Style Meals, Potluck Gatherings, Informal Cooking Classes
2) Fine Dining: Gourmet Experiences, Chef's Table Events, Exclusive Tasting Menus
3) Themed Dinners: Cultural Cuisine Nights, Seasonal Celebrations, Movie or Book-Inspired Dinners
4) Food Tours: Culinary Walks, Market Tours, Street Food Experiences
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Which Firms Dominate the Peer-To-Peer Dining Market by Market Share and Revenue in 2025?
Major companies operating in the peer-to-peer dining market are Feastly, Withlocals, Traveling Spoon, The London Supper Club, EatWith, Hobnob, B'Ville Diner, Supper Club, Cookly, BonAppetour, CookUp, EatMeet, EatWithMe, FoodieTrip, Homecooked, Kitchen Surfing Inc., Secret Dinner, ShareDine, Table at Home, MealSharing
Which Regions Offer the Highest Growth Potential in the Peer-To-Peer Dining Market?
North America was the largest region in the peer-to-peer dining market in 2024. The regions covered in the peer-to-peer dining market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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