Food delivery market shrinks for the first time due to decreased demand due to the end of the coronavirus pandemic = South Korea

According to the Korea Statistical Office, the online transaction amount for food and beverage services (food delivery) last year was 26.4 trillion won (approximately 2.9665 trillion yen), a 0.6% decrease from the previous year. Food and beverage service
This is the first decrease since 2017, when statistics for the industry began. The amount of online transactions for food and beverage services increased from 2.7 trillion won (approximately 303,285,060,000 yen) in 2017 to 2019.
It continued to increase to 9.7 trillion won (approximately 1 trillion yen). After that, in 2021, when people spent more time at home due to the coronavirus pandemic, the total amount was 26.2 trillion won (approximately 2.9434 trillion yen).
rapidly increasing to . Food delivery service ``Delivery Tribe'' operated by Woowa Brothers, ``Yogiyo'' by Great Imagination, and ``Coupang Eats'' by Coupang have grown significantly.
However, in 2023, when the coronavirus pandemic subsides, the amount of online transactions for food and beverage services will begin to decline.
In addition to a decline in demand for food delivery due to an increase in eating out, there is also a rise in prices.
It can be analyzed that the delivery costs have become a burden on consumers. Meanwhile, the total transaction value of the online food market, which includes food and beverage services, food, and agricultural, livestock, and fishery products, was 67.1 trillion won last year.
(approximately 7,539.1 billion yen), an increase of 7.0% from the previous year. Due to the coronavirus pandemic, there has been a noticeable trend towards non-face-to-face consumption in the food market, but the pace of growth seems to have slowed recently.