{"id":4927,"date":"2025-04-01T10:05:09","date_gmt":"2025-04-01T13:05:09","guid":{"rendered":"https:\/\/artica.capital\/clairfield-pilulas\/o-mercado-de-delivery-no-brasil\/"},"modified":"2026-09-30T08:59:55","modified_gmt":"2026-09-30T11:59:55","slug":"o-mercado-de-delivery-no-brasil","status":"publish","type":"pilulas","link":"https:\/\/artica.capital\/en\/clairfield-pilulas\/o-mercado-de-delivery-no-brasil\/","title":{"rendered":"The delivery market in Brazil"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">O mercado de delivery no Brasil tem registrado um crescimento acelerado de mais de 30% ao ano desde 2019, sem sinais de desacelera\u00e7\u00e3o nos pr\u00f3ximos anos. As proje\u00e7\u00f5es indicam que o setor pode alcan\u00e7ar um GMV de at\u00e9 USD 28 bilh\u00f5es em 2029, impulsionado, principalmente, pelo aumento da penetra\u00e7\u00e3o dos usu\u00e1rios \u2014 ou seja, mais pessoas aderindo aos aplicativos e seus servi\u00e7os.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Atualmente, o mercado \u00e9 amplamente dominado pelo iFood, que det\u00e9m mais de 80% de participa\u00e7\u00e3o, consolidando sua posi\u00e7\u00e3o gra\u00e7as ao pioneirismo e \u00e0 forte estrat\u00e9gia de exclusividade com restaurantes. A for\u00e7a da marca e esse diferencial competitivo j\u00e1 levaram grandes players, como o Uber Eats, a encerrarem suas opera\u00e7\u00f5es no Brasil. No entanto, um recente acordo entre o CADE, ag\u00eancia antitruste do Brasil, e o iFood exigir\u00e1 que a companhia abra m\u00e3o de sua principal vantagem estrat\u00e9gica: os contratos de exclusividade. Essa mudan\u00e7a cria oportunidades para que novos concorrentes ampliem sua participa\u00e7\u00e3o no setor.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Na p\u00edlula de hoje, vamos apresentar o tamanho do mercado brasileiro de delivery, detalhar o posicionamento dos principais players \u2014 como iFood, Rappi e Aiqfome \u2014 e explicar brevemente os motivos que levaram o Uber Eats a sair do Brasil.<\/p>\n\n\n\n<!-- pilula-html v1 -->\n<style>\n.pil{--navy:#2d3a51;--blue:#4f6388;--light:#8599b9;--pale:#e8ebf1;--card:#d3d9e3;--red:#c0272d;--txt:#333;font-family:\"Merriweather Sans\",sans-serif;color:var(--txt);margin-top:40px}\n.pil *{box-sizing:border-box}\n.pil img{max-width:100%;height:auto;display:block}\n.pil-sec{margin:0 0 56px}\n.pil-sec h2{background:var(--navy);color:#fff;font-size:19px;line-height:1.35;font-weight:700;padding:16px 20px;border-radius:0 0 28px 0;margin:0 0 20px;text-wrap:balance}\n.pil-sub{font-size:14px;font-weight:700;color:var(--navy);border-bottom:2px solid var(--navy);padding-bottom:6px;margin:0 0 16px;display:flex;justify-content:space-between;gap:12px;align-items:flex-end}\n.pil-tag{color:var(--red);border-top:2px solid var(--red);border-bottom:2px solid var(--red);font-size:12px;padding:2px 8px;white-space:nowrap}\n.pil-unit{font-size:12px;font-style:italic;color:#999;font-weight:700}\n.pil-src{font-size:11px;color:#777;margin-top:14px;line-height:1.5}\n.pil-p{font-size:14px;line-height:1.6;margin:0 0 12px}\n.pil-note{display:flex;gap:12px;align-items:center;background:var(--pale);border:1.5px dashed var(--navy);border-radius:10px;padding:12px 16px;font-size:14px;line-height:1.55;margin-top:18px}\n.pil-note::before{content:\"\";flex:none;width:26px;height:26px;border-radius:50%;background:var(--navy) url(\"data:image\/svg+xml,%3Csvg xmlns='http:\/\/www.w3.org\/2000\/svg' viewBox='0 0 24 24' fill='none' stroke='white' stroke-width='1.8' stroke-linecap='round'%3E%3Cpath d='M9 18h6M10 21h4M12 3a6 6 0 0 0-3.5 10.9c.6.5 1 1.2 1 2.1h5c0-.9.4-1.6 1-2.1A6 6 0 0 0 12 3z'\/%3E%3C\/svg%3E\") center\/16px no-repeat}\n.pil-note.solid{border-style:solid;background:#fff;box-shadow:0 2px 6px rgba(0,0,0,.12)}\n.pil-note.solid::before{display:none}\n.pil-grid2{display:grid;grid-template-columns:1fr 1fr;gap:24px}\n.pil-grid2.wide-left{grid-template-columns:1.75fr 1fr}\n.pil-grid2.wide-right{grid-template-columns:1fr 1.75fr}\n.pil-grid3{display:grid;grid-template-columns:repeat(3,1fr);gap:20px}\n.pil-grid4{display:grid;grid-template-columns:repeat(4,1fr);gap:16px}\n.pil-grid5{display:grid;grid-template-columns:repeat(5,1fr);gap:12px}\n.pil-grid2>*,.pil-grid3>*,.pil-grid4>*,.pil-grid5>*{min-width:0}\n.pil-legend{font-size:12px;display:flex;gap:14px;justify-content:flex-end;flex-wrap:wrap;margin-bottom:6px}\n.pil-legend span{display:inline-flex;align-items:center;gap:6px}\n.pil-legend i:empty{width:14px;height:10px;display:inline-block;flex:none}\n\/* grafico de colunas: .pil-bars > div[style=height:%] > span (valor); .pil-years > span *\/\n.pil-bars{display:flex;align-items:flex-end;gap:2.2%;height:240px;border-bottom:1.5px solid #333;padding:22px 1% 0}\n.pil-bars>div{flex:1;background:var(--light);position:relative;min-height:1px}\n.pil-bars>div.e{background:var(--blue)}\n.pil-bars>div.cur{background:var(--navy)}\n.pil-bars>div>span{position:absolute;top:-19px;left:50%;transform:translateX(-50%);font-size:12px;white-space:nowrap}\n.pil-years{display:flex;gap:2.2%;padding:4px 1% 0;font-size:11px;text-align:center}\n.pil-years span{flex:1}\n.pil-cagr{text-align:center;font-size:12px;font-weight:700}\n.pil-cagr span{display:inline-block;border:1.5px solid #222;border-radius:50%;padding:2px 8px;margin-top:4px}\n\/* barras horizontais: .pil-hbars > .r > (b nome) (.bar > i[style=width:%]) (em valor) *\/\n.pil-hbars{display:grid;gap:8px;font-size:13px}\n.pil-hbars .r{display:grid;grid-template-columns:minmax(90px,30%) 1fr auto;gap:10px;align-items:center}\n.pil-hbars .bar{background:var(--pale);height:18px}\n.pil-hbars .bar i{display:block;height:100%;background:var(--blue)}\n.pil-hbars em{font-style:normal;font-weight:700;color:var(--navy);min-width:48px;text-align:right}\n\/* cartoes de numeros *\/\n.pil-box{border:2px solid var(--navy);border-radius:0 0 10px 10px;background:#fff}\n.pil-box>h3{margin:0;background:var(--navy);color:#fff;font-size:14px;text-align:center;padding:8px}\n.pil-stat{text-align:center;padding:16px 14px;font-size:13px;line-height:1.45}\n.pil-stat strong{display:block;font-size:40px;color:var(--blue);font-weight:800;line-height:1.1}\n.pil-stat strong small{font-size:22px}\n.pil-stat em{font-style:normal;color:var(--blue);font-weight:700}\n.pil-card{background:#fff;border-radius:12px;box-shadow:0 1px 5px rgba(0,0,0,.14);padding:14px 16px;font-size:13px;line-height:1.5}\n.pil-card h3{font-size:15px;color:var(--navy);margin:0 0 8px}\n.pil-card.tint{background:var(--card);box-shadow:none}\n\/* listas e fatos *\/\n.pil-list{margin:0;padding-left:18px;font-size:14px;line-height:1.6}\n.pil-list li{margin-bottom:6px}\n.pil-fact{font-size:14px;line-height:1.5;padding-left:14px;border-left:3px solid var(--light)}\n.pil-fact.dark{border-color:var(--navy)}\n.pil-fact b{color:var(--navy)}\n.pil-fact big{font-size:20px;font-weight:800;color:var(--navy)}\n.pil-hl{color:var(--blue);font-weight:700}\n\/* tabela *\/\n.pil-tw{overflow-x:auto}\n.pil-table{width:100%;border-collapse:collapse;font-size:13px}\n.pil-table th{background:var(--navy);color:#fff;text-align:left;padding:8px 10px;font-weight:700}\n.pil-table td{padding:7px 10px;border-bottom:1px solid #d8dce4;vertical-align:top}\n.pil-table tr:nth-child(even) td{background:#f5f6f9}\n.pil-table .n{text-align:right;font-variant-numeric:tabular-nums;white-space:nowrap}\n.pil-tw{overflow-x:auto;-webkit-overflow-scrolling:touch;max-width:100%}\n.pil-tw .pil-table{width:100%;min-width:max-content}\n.pil-tw .pil-table th,.pil-tw .pil-table td{padding:6px 7px}\n.pil-table td:first-child,.pil-table th:first-child{white-space:nowrap}\n.pil-tw .pil-table.dense,.pil-tw .pil-table:has(tr>*:nth-child(8)){font-size:12px}\n.pil-tw .pil-table:has(tr>*:nth-child(11)){font-size:11.5px}\n.pil-tw .pil-table:has(tr>*:nth-child(11)) th,.pil-tw .pil-table:has(tr>*:nth-child(11)) td{padding:5px 4px}\n\/* linha do tempo *\/\n.pil-time{display:grid;gap:14px;border-left:2px dashed var(--light);padding-left:18px;margin-left:6px}\n.pil-time>div{position:relative;font-size:14px;line-height:1.5}\n.pil-time>div::before{content:\"\";position:absolute;left:-25px;top:5px;width:12px;height:12px;border-radius:50%;background:var(--navy)}\n.pil-time b.y{display:block;color:var(--light);font-size:16px;font-weight:800}\n\/* figuras (recortes do slide) *\/\n.pil-fig{margin:0}\n.pil-fig figcaption{text-align:center;font-weight:800;color:var(--light);font-size:16px;margin-top:4px}\n.pil-brand{background:var(--card);border-radius:14px;overflow:hidden}\n.pil-brand p{margin:0;text-align:center;font-size:20px;font-weight:800;font-style:italic;color:var(--navy);padding:10px 0 12px}\n@media (max-width:700px){\n  .pil-grid2,.pil-grid2.wide-left,.pil-grid2.wide-right{grid-template-columns:1fr}\n  .pil-grid3,.pil-grid4,.pil-grid5{grid-template-columns:1fr 1fr}\n  .pil-sec h2{font-size:17px}\n  .pil-bars{height:180px}\n  .pil-bars>div>span{font-size:10px}\n  .pil-years{font-size:9px}\n}\n@media (max-width:480px){\n  .pil-bars{gap:1.2%}\n  .pil-years{gap:1.2%;font-size:8px}\n  .pil-bars>div>span{font-size:8px;letter-spacing:-.3px}\n  .pil-bars:has(>div:nth-child(13))>div>span{writing-mode:vertical-rl;transform:translateX(-50%) rotate(180deg);top:auto;bottom:100%;padding-bottom:2px}\n  .pil-years:has(>span:nth-child(13)) span{writing-mode:vertical-rl;transform:rotate(180deg);margin:0 auto}\n}\n\r\n\r\n\r\n<\/style>\n<div class=\"pil\">\n\n<section class=\"pil-sec\">\n  <h2>O mercado de delivery no Brasil cresce a um CAGR de +30% e deve atingir USD 28 Bi em GMV at\u00e9 2029, impulsionado pela maior penetra\u00e7\u00e3o<\/h2>\n  <div class=\"pil-grid2 wide-left\">\n    <div>\n      <div class=\"pil-sub\">Overview do mercado de delivery brasileiro<\/div>\n      <div style=\"display:flex;justify-content:space-between;align-items:flex-start;gap:10px;flex-wrap:wrap\"><span class=\"pil-unit\">Volume bruto de mercadorias (GMV); USD Bi<\/span><span class=\"pil-legend\"><span><i style=\"background:var(--blue)\"><\/i>Delivery de comida<\/span><span><i style=\"background:var(--card)\"><\/i>Delivery de produtos de mercado<\/span><\/span><\/div>\n      <div style=\"display:flex;justify-content:space-around;margin-top:6px\"><div class=\"pil-cagr\">CAGR<br><span>+35%<\/span><\/div><div class=\"pil-cagr\">CAGR<br><span>+10%<\/span><\/div><\/div>\n      <div class=\"pil-bars\" role=\"img\" aria-label=\"GMV do mercado de delivery brasileiro, em USD bilh\u00f5es (delivery de comida + delivery de produtos de mercado): 2019 5 (3 + 2); 2020 8 (4 + 4); 2021 11 (5 + 6); 2022 13 (6 + 7); 2023 16 (8 + 8); 2024E 19 (9 + 10); 2025E 21 (10 + 11); 2026E 23 (10 + 13); 2027E 25 (11 + 14); 2028E 26 (11 + 15); 2029E 28 (11 + 17). CAGR +35% at\u00e9 2023 e +10% de 2024 a 2029\">\n        <div style=\"height:17.5%;background:none;display:flex;flex-direction:column-reverse\"><span>5<\/span><div style=\"height:48.4%;background:var(--card);display:flex;align-items:center;justify-content:center;font-size:11px\">2<\/div><div style=\"height:51.6%;background:var(--blue);color:#fff;display:flex;align-items:center;justify-content:center;font-size:11px\">3<\/div><\/div>\n        <div style=\"height:28.6%;background:none;display:flex;flex-direction:column-reverse\"><span>8<\/span><div style=\"height:49.7%;background:var(--card);display:flex;align-items:center;justify-content:center;font-size:11px\">4<\/div><div style=\"height:50.3%;background:var(--blue);color:#fff;display:flex;align-items:center;justify-content:center;font-size:11px\">4<\/div><\/div>\n        <div style=\"height:40.5%;background:none;display:flex;flex-direction:column-reverse\"><span>11<\/span><div style=\"height:52.4%;background:var(--card);display:flex;align-items:center;justify-content:center;font-size:11px\">6<\/div><div style=\"height:47.6%;background:var(--blue);color:#fff;display:flex;align-items:center;justify-content:center;font-size:11px\">5<\/div><\/div>\n        <div style=\"height:47.6%;background:none;display:flex;flex-direction:column-reverse\"><span>13<\/span><div style=\"height:51.9%;background:var(--card);display:flex;align-items:center;justify-content:center;font-size:11px\">7<\/div><div style=\"height:48.1%;background:var(--blue);color:#fff;display:flex;align-items:center;justify-content:center;font-size:11px\">6<\/div><\/div>\n        <div style=\"height:57.9%;background:none;display:flex;flex-direction:column-reverse\"><span>16<\/span><div style=\"height:51%;background:var(--card);display:flex;align-items:center;justify-content:center;font-size:11px\">8<\/div><div style=\"height:49%;background:var(--blue);color:#fff;display:flex;align-items:center;justify-content:center;font-size:11px\">8<\/div><\/div>\n        <div style=\"height:67.7%;background:none;display:flex;flex-direction:column-reverse\"><span>19<\/span><div style=\"height:51.7%;background:var(--card);display:flex;align-items:center;justify-content:center;font-size:11px\">10<\/div><div style=\"height:48.3%;background:var(--blue);color:#fff;display:flex;align-items:center;justify-content:center;font-size:11px\">9<\/div><\/div>\n        <div style=\"height:76.2%;background:none;display:flex;flex-direction:column-reverse\"><span>21<\/span><div style=\"height:53.4%;background:var(--card);display:flex;align-items:center;justify-content:center;font-size:11px\">11<\/div><div style=\"height:46.6%;background:var(--blue);color:#fff;display:flex;align-items:center;justify-content:center;font-size:11px\">10<\/div><\/div>\n        <div style=\"height:83.1%;background:none;display:flex;flex-direction:column-reverse\"><span>23<\/span><div style=\"height:55.2%;background:var(--card);display:flex;align-items:center;justify-content:center;font-size:11px\">13<\/div><div style=\"height:44.8%;background:var(--blue);color:#fff;display:flex;align-items:center;justify-content:center;font-size:11px\">10<\/div><\/div>\n        <div style=\"height:88.8%;background:none;display:flex;flex-direction:column-reverse\"><span>25<\/span><div style=\"height:56.8%;background:var(--card);display:flex;align-items:center;justify-content:center;font-size:11px\">14<\/div><div style=\"height:43.2%;background:var(--blue);color:#fff;display:flex;align-items:center;justify-content:center;font-size:11px\">11<\/div><\/div>\n        <div style=\"height:94.4%;background:none;display:flex;flex-direction:column-reverse\"><span>26<\/span><div style=\"height:58.6%;background:var(--card);display:flex;align-items:center;justify-content:center;font-size:11px\">15<\/div><div style=\"height:41.4%;background:var(--blue);color:#fff;display:flex;align-items:center;justify-content:center;font-size:11px\">11<\/div><\/div>\n        <div style=\"height:100%;background:none;display:flex;flex-direction:column-reverse\"><span>28<\/span><div style=\"height:60.5%;background:var(--card);display:flex;align-items:center;justify-content:center;font-size:11px\">17<\/div><div style=\"height:39.5%;background:var(--blue);color:#fff;display:flex;align-items:center;justify-content:center;font-size:11px\">11<\/div><\/div>\n      <\/div>\n      <div class=\"pil-years\"><span>2019<\/span><span>2020<\/span><span>2021<\/span><span>2022<\/span><span>2023<\/span><span>2024E<\/span><span>2025E<\/span><span>2026E<\/span><span>2027E<\/span><span>2028E<\/span><span>2029E<\/span><\/div>\n      <p class=\"pil-p\" style=\"font-size:12px;margin:10px 0 2px;color:#666\">Penetra\u00e7\u00e3o de usu\u00e1rios (%)<\/p>\n      <div class=\"pil-years\" style=\"font-weight:700\"><span>19%<\/span><span>26%<\/span><span>32%<\/span><span>36%<\/span><span>41%<\/span><span>46%<\/span><span>49%<\/span><span>50%<\/span><span>52%<\/span><span>52%<\/span><span>53%<\/span><\/div>\n      <div class=\"pil-legend\" style=\"justify-content:flex-start;margin-top:12px\"><b>CAGR 24-29<\/b><span><i style=\"background:var(--blue)\"><\/i>4%<\/span><span><i style=\"background:var(--card)\"><\/i>12%<\/span><\/div>\n    <\/div>\n    <div>\n      <div class=\"pil-sub\">Penetra\u00e7\u00e3o de usu\u00e1rios<\/div>\n      <span class=\"pil-unit\">%; 2024<\/span>\n      <div class=\"pil-hbars\" style=\"margin-top:10px\" role=\"img\" aria-label=\"Penetra\u00e7\u00e3o de usu\u00e1rios de delivery em 2024: EUA 72%; China 69%; Holanda 69%; Coreia do Sul 68%; Dinamarca 67%; Brasil 46% (diferen\u00e7a de +26% para os EUA)\">\n        <div class=\"r\"><b><img decoding=\"async\" src=\"https:\/\/artica.capital\/wp-content\/uploads\/2026\/09\/4927-flag-eua.png\" alt=\"Bandeira dos EUA\" loading=\"lazy\" style=\"width:26px\"><\/b><div class=\"bar\"><i style=\"width:100%;background:var(--card)\"><\/i><\/div><em>72%<\/em><\/div>\n        <div class=\"r\"><b><img decoding=\"async\" src=\"https:\/\/artica.capital\/wp-content\/uploads\/2026\/09\/4927-flag-china.png\" alt=\"Bandeira da China\" loading=\"lazy\" style=\"width:26px\"><\/b><div class=\"bar\"><i style=\"width:96%;background:var(--card)\"><\/i><\/div><em>69%<\/em><\/div>\n        <div class=\"r\"><b><img decoding=\"async\" src=\"https:\/\/artica.capital\/wp-content\/uploads\/2026\/09\/4927-flag-holanda.png\" alt=\"Bandeira da Holanda\" loading=\"lazy\" style=\"width:26px\"><\/b><div class=\"bar\"><i style=\"width:94.7%;background:var(--card)\"><\/i><\/div><em>69%<\/em><\/div>\n        <div class=\"r\"><b><img decoding=\"async\" src=\"https:\/\/artica.capital\/wp-content\/uploads\/2026\/09\/4927-flag-coreia.png\" alt=\"Bandeira da Coreia do Sul\" loading=\"lazy\" style=\"width:26px\"><\/b><div class=\"bar\"><i style=\"width:93.9%;background:var(--card)\"><\/i><\/div><em>68%<\/em><\/div>\n        <div class=\"r\"><b><img decoding=\"async\" src=\"https:\/\/artica.capital\/wp-content\/uploads\/2026\/09\/4927-flag-dinamarca.png\" alt=\"Bandeira da Dinamarca\" loading=\"lazy\" style=\"width:26px\"><\/b><div class=\"bar\"><i style=\"width:92.8%;background:var(--card)\"><\/i><\/div><em>67%<\/em><\/div>\n        <div class=\"r\"><b><img decoding=\"async\" src=\"https:\/\/artica.capital\/wp-content\/uploads\/2026\/09\/4927-flag-brasil.png\" alt=\"Bandeira do Brasil\" loading=\"lazy\" style=\"width:26px\"><\/b><div class=\"bar\"><i style=\"width:63.3%\"><\/i><\/div><em>46%<\/em><\/div>\n      <\/div>\n      <div class=\"pil-cagr\" style=\"margin-top:8px\"><span>+26%<\/span><\/div>\n    <\/div>\n  <\/div>\n  <div class=\"pil-src\">Fonte: Statista; An\u00e1lise \u00c1rtica.<\/div>\n<\/section>\n\n<section class=\"pil-sec\">\n  <h2>O iFood domina o mercado de delivery de comida no Brasil, com uma participa\u00e7\u00e3o superior a 80%<\/h2>\n  <div class=\"pil-grid2 wide-left\">\n    <div>\n      <div class=\"pil-sub\">Market share de delivery de comida no Brasil<\/div>\n      <img decoding=\"async\" src=\"https:\/\/artica.capital\/wp-content\/uploads\/2026\/09\/4927-marketshare.png\" alt=\"Gr\u00e1fico de colunas empilhadas, em %, de jan-20 a jun-21: o iFood tem entre 69% (mar-20) e 90% (abr-21) do mercado, terminando em 83% em jun-21; o Uber Eats varia de 8% a 25%, com 13% em jun-21; a Rappi fica entre 1% e 7%, com 4% em jun-21\" loading=\"lazy\" style=\"width:100%;max-width:560px;height:auto;margin:0 auto;display:block\">\n    <\/div>\n    <div>\n      <div class=\"pil-sub\"><span>Delivery de comida online por marca no Brasil<sup>(1)<\/sup><\/span><\/div>\n      <span class=\"pil-unit\">%; Dez-24<\/span>\n      <div class=\"pil-hbars\" style=\"margin-top:10px\" role=\"img\" aria-label=\"Delivery de comida online por marca no Brasil, % em dez-24: iFood 87%; McDelivery 29%; Uber Eats 24%; Habib's 23%; Bob's 21%; Rappi 19%; Pizza Hut 16%; China in Box 15%; Domino's 15%; Aiqfome 8%\">\n        <div class=\"r\"><b>iFood<\/b><div class=\"bar\"><i style=\"width:100%;background:#9b0a27\"><\/i><\/div><em>87%<\/em><\/div>\n        <div class=\"r\"><b>McDelivery<\/b><div class=\"bar\"><i style=\"width:33.3%;background:var(--card)\"><\/i><\/div><em>29%<\/em><\/div>\n        <div class=\"r\"><b>Uber Eats<\/b><div class=\"bar\"><i style=\"width:27.6%;background:var(--card)\"><\/i><\/div><em>24%<\/em><\/div>\n        <div class=\"r\"><b>Habib&#8217;s<\/b><div class=\"bar\"><i style=\"width:26.4%;background:var(--card)\"><\/i><\/div><em>23%<\/em><\/div>\n        <div class=\"r\"><b>Bob&#8217;s<\/b><div class=\"bar\"><i style=\"width:24.1%;background:var(--card)\"><\/i><\/div><em>21%<\/em><\/div>\n        <div class=\"r\"><b>Rappi<\/b><div class=\"bar\"><i style=\"width:21.8%;background:var(--card)\"><\/i><\/div><em>19%<\/em><\/div>\n        <div class=\"r\"><b>Pizza Hut<\/b><div class=\"bar\"><i style=\"width:18.4%;background:var(--card)\"><\/i><\/div><em>16%<\/em><\/div>\n        <div class=\"r\"><b>China in Box<\/b><div class=\"bar\"><i style=\"width:17.2%;background:var(--card)\"><\/i><\/div><em>15%<\/em><\/div>\n        <div class=\"r\"><b>Domino&#8217;s<\/b><div class=\"bar\"><i style=\"width:17.2%;background:var(--card)\"><\/i><\/div><em>15%<\/em><\/div>\n        <div class=\"r\"><b>Aiqfome<\/b><div class=\"bar\"><i style=\"width:9.2%;background:var(--card)\"><\/i><\/div><em>8%<\/em><\/div>\n      <\/div>\n      <div class=\"pil-note solid\" style=\"font-size:13px\"><span>Uber Eats: Considera delivery de produtos de mercado<\/span><\/div>\n    <\/div>\n  <\/div>\n  <div class=\"pil-src\">Notas: (1) Considera os aplicativos usados pelos respondentes nos \u00faltimos 12 meses<br>Fonte: Statista; Mesuarable AI; An\u00e1lise \u00c1rtica.<\/div>\n<\/section>\n\n<section class=\"pil-sec\">\n  <h2>Fundado em 2011, o iFood foi pioneiro e \u00e9 o player mais bem posicionado no mercado de delivery de comida no pa\u00eds, com ~80% de market share<\/h2>\n  <img decoding=\"async\" src=\"https:\/\/artica.capital\/wp-content\/uploads\/2026\/09\/4927-logo5.png\" alt=\"Logo do iFood\" loading=\"lazy\" style=\"margin:0 auto 16px;border-radius:10px;max-width:320px;width:100%\">\n  <div class=\"pil-grid4\">\n    <div class=\"pil-box\" style=\"border-color:#e3202f\"><h3 style=\"background:#e3202f\">Usu\u00e1rios<\/h3>\n      <div class=\"pil-card\" style=\"box-shadow:none\">\n        <ul class=\"pil-list\"><li>Vantagem de pioneirismo com a maior base de usu\u00e1rios<\/li><li>Opera em 1.500 cidades, cobrindo 100% das cidades com mais de 1 milh\u00e3o de habitantes<\/li><\/ul>\n        <p class=\"pil-p\"><b>Programa de fidelidade:<\/b><\/p>\n        <ul class=\"pil-list\"><li>Clube iFood: R$ 12,90\/m\u00eas<\/li><\/ul>\n      <\/div>\n    <\/div>\n    <div class=\"pil-box\" style=\"border-color:#e3202f\"><h3 style=\"background:#e3202f\">Tecnologia<\/h3>\n      <div class=\"pil-card\" style=\"box-shadow:none\">\n        <p class=\"pil-p\"><b>App:<\/b><\/p>\n        <ul class=\"pil-list\"><li>Desenvolvimento pr\u00f3prio do app<\/li><li>Altas avalia\u00e7\u00f5es dos usu\u00e1rios<\/li><\/ul>\n        <p class=\"pil-p\"><b>Pagamentos:<\/b><\/p>\n        <ul class=\"pil-list\"><li>Adquiriu a Zoop, uma institui\u00e7\u00e3o de pagamento licenciada pelo BC<sup>(1)<\/sup><\/li><\/ul>\n        <p class=\"pil-p\"><b>IA e Novos Neg\u00f3cios:<\/b><\/p>\n        <ul class=\"pil-list\"><li>Investimento cont\u00ednuo em IA e novas tecnologias (ex.: iFood Pago)<\/li><\/ul>\n      <\/div>\n    <\/div>\n    <div class=\"pil-box\" style=\"border-color:#e3202f\"><h3 style=\"background:#e3202f\">Entregadores<\/h3>\n      <div class=\"pil-card\" style=\"box-shadow:none\">\n        <ul class=\"pil-list\"><li>+240 mil entregadores ativos<\/li><\/ul>\n        <p class=\"pil-p\"><b>Modelo de contrata\u00e7\u00e3o:<\/b><\/p>\n        <ul class=\"pil-list\"><li>Contrata\u00e7\u00e3o PJ<\/li><li>Sem exclusividade<\/li><\/ul>\n        <p class=\"pil-p\"><b>Programa de benef\u00edcios:<\/b><\/p>\n        <ul class=\"pil-list\"><li>Seguro<\/li><li>Servi\u00e7os de sa\u00fade<\/li><li>Descontos: combust\u00edvel, etc.<\/li><\/ul>\n      <\/div>\n    <\/div>\n    <div class=\"pil-box\" style=\"border-color:#e3202f\"><h3 style=\"background:#e3202f\">Restaurantes\/Mercados<\/h3>\n      <div class=\"pil-card\" style=\"box-shadow:none\">\n        <ul class=\"pil-list\"><li>+400 mil restaurantes<\/li><li>Contratos de exclusividade dificultaram a entrada de novos concorrentes no mercado<\/li><li>O CADE, ag\u00eancia antitruste do Brasil, assinou um acordo com o iFood limitando certos contratos de exclusividade, potencialmente abrindo o mercado para outros players<\/li><li>Exemplo de redes:<img decoding=\"async\" src=\"https:\/\/artica.capital\/wp-content\/uploads\/2026\/09\/4927-redes5.png\" alt=\"Logos do McDonald's e do Outback Steakhouse\" loading=\"lazy\" style=\"max-width:160px;margin-top:6px\"><\/li><\/ul>\n      <\/div>\n    <\/div>\n  <\/div>\n  <div class=\"pil-grid2 wide-left\" style=\"margin-top:24px\">\n    <div>\n      <div class=\"pil-sub\">Principais n\u00fameros<\/div>\n      <div class=\"pil-grid4\">\n        <div class=\"pil-stat\"><strong><small>+100 MM<\/small><\/strong>pedidos mensais<\/div>\n        <div class=\"pil-stat\">Presen\u00e7a em <strong><small>1,500<\/small><\/strong>cidades<\/div>\n        <div class=\"pil-stat\"><strong><small>+55 MM<\/small><\/strong>de usu\u00e1rios<\/div>\n        <div class=\"pil-stat\"><strong><small>15%-27%<\/small><\/strong>take rate<sup>(2)<\/sup><\/div>\n      <\/div>\n    <\/div>\n    <div>\n      <div class=\"pil-sub\">Estrat\u00e9gia de crescimento<\/div>\n      <p class=\"pil-p\">O iFood busca <b>fortalecer seus servi\u00e7os principais<\/b> de delivery de restaurantes, ao mesmo tempo em que <b>amplia as oportunidades de mercado <\/b>por meio de capacidades escal\u00e1veis em <b>quick commerce<\/b>, supermercado e outros setores adjacentes dentro do ecossistema de delivery de alimentos<\/p>\n    <\/div>\n  <\/div>\n  <div class=\"pil-src\">Notas: (1) Banco Central (2) Inclu\u00ed taxas de pagamento pelo app<br>Fonte: Bloomberg Linea; Neofeed; iFood; An\u00e1lise \u00c1rtica.<\/div>\n<\/section>\n\n<section class=\"pil-sec\">\n  <h2>A dificuldade do Uber Eats em ganhar tra\u00e7\u00e3o no Brasil destaca o desafio de competir com um player dominante como o iFood<\/h2>\n  <img decoding=\"async\" src=\"https:\/\/artica.capital\/wp-content\/uploads\/2026\/09\/4927-logo6.png\" alt=\"Logo do Uber Eats\" loading=\"lazy\" style=\"margin:0 auto 16px;border-radius:10px;max-width:320px;width:100%\">\n  <div class=\"pil-grid4\">\n    <div class=\"pil-box\" style=\"border-color:#000\"><h3 style=\"background:#000\">Usu\u00e1rios<\/h3>\n      <div class=\"pil-card\" style=\"box-shadow:none\">\n        <ul class=\"pil-list\"><li>A Uber lan\u00e7ou sua opera\u00e7\u00e3o no Brasil em 2014<\/li><li>Grande potencial de base de clientes devido ao reconhecimento da plataforma de mobilidade urbana e da marca (Uber): 30 MM de usu\u00e1rios em 2022<\/li><li>Os brasileiros n\u00e3o tinham o h\u00e1bito de usar o Uber Eats, devido \u00e0 forte presen\u00e7a do iFood e da Rappi<\/li><\/ul>\n      <\/div>\n    <\/div>\n    <div class=\"pil-box\" style=\"border-color:#000\"><h3 style=\"background:#000\">Tecnologia<\/h3>\n      <div class=\"pil-card\" style=\"box-shadow:none\">\n        <ul class=\"pil-list\"><li>Restaurantes relataram dificuldades em personalizar a plataforma<\/li><li>Clientes relataram problemas tecnol\u00f3gicos relacionados ao suporte e ao acesso ao restaurante durante a entrega<\/li><\/ul>\n      <\/div>\n    <\/div>\n    <div class=\"pil-box\" style=\"border-color:#000\"><h3 style=\"background:#000\">Entregadores<\/h3>\n      <div class=\"pil-card\" style=\"box-shadow:none\">\n        <ul class=\"pil-list\"><li>Grande base potencial devido ao cadastro de motoristas da Uber<\/li><li>~50 mil entregadores<\/li><\/ul>\n        <p class=\"pil-p\"><b>Modelo de contrata\u00e7\u00e3o:<\/b><\/p>\n        <ul class=\"pil-list\"><li>Contrata\u00e7\u00e3o PJ<\/li><li>Sem exclusividade<\/li><\/ul>\n      <\/div>\n    <\/div>\n    <div class=\"pil-box\" style=\"border-color:#000\"><h3 style=\"background:#000\">Restaurantes\/Dark stores<\/h3>\n      <div class=\"pil-card\" style=\"box-shadow:none\">\n        <ul class=\"pil-list\"><li>Baixa ado\u00e7\u00e3o da plataforma devido \u00e0 falta de flexibilidade e personaliza\u00e7\u00e3o<\/li><li>Taxa de comiss\u00e3o mais alta (~35% do valor total) em compara\u00e7\u00e3o com os principais concorrentes<\/li><\/ul>\n      <\/div>\n    <\/div>\n  <\/div>\n  <div class=\"pil-sub\" style=\"margin-top:24px\">O que deu errado?<\/div>\n  <div class=\"pil-grid2\">\n    <p class=\"pil-p\">A Uber atribuiu sua decis\u00e3o de encerrar as opera\u00e7\u00f5es ao <b>dom\u00ednio de mercado do iFood <\/b>e ao impacto de seus <b>contratos de exclusividade<\/b><\/p>\n    <p class=\"pil-p\">Em 2022, a sa\u00edda do Uber Eats do setor de restaurantes pode ter sido amplamente influenciada por sua <b>incapacidade de se adaptar ao mercado local<\/b><\/p>\n  <\/div>\n  <div class=\"pil-src\">Fonte: Tecnoblog; Infomoney; CNN Brasil; An\u00e1lise \u00c1rtica.<\/div>\n<\/section>\n\n<section class=\"pil-sec\">\n  <h2>A Rappi, um super-app colombiano, \u00e9 especializada em servi\u00e7os de entrega expressa no Brasil, com foco em itens de supermercado<\/h2>\n  <img decoding=\"async\" src=\"https:\/\/artica.capital\/wp-content\/uploads\/2026\/09\/4927-logo7.png\" alt=\"Logo da Rappi\" loading=\"lazy\" style=\"margin:0 auto 16px;border-radius:10px;max-width:320px;width:100%\">\n  <div class=\"pil-grid4\">\n    <div class=\"pil-box\" style=\"border-color:#f47462\"><h3 style=\"background:#f47462\">Usu\u00e1rios<\/h3>\n      <div class=\"pil-card\" style=\"box-shadow:none\">\n        <ul class=\"pil-list\"><li>Posicionada n\u00e3o apenas como um servi\u00e7o de delivery, mas como uma assistente pessoal projetada para simplificar e melhorar o dia a dia das pessoas<\/li><li>Presente em 9 pa\u00edses e mais de 250 cidades, sendo ~100 no Brasil<\/li><\/ul>\n        <p class=\"pil-p\"><b>Programa de fidelidade:<\/b><\/p>\n        <ul class=\"pil-list\"><li>Rappi Pro: R$ 24,90\/m\u00eas<\/li><li>Rappi Pro Black: R$ 39,90\/m\u00eas<\/li><\/ul>\n      <\/div>\n    <\/div>\n    <div class=\"pil-box\" style=\"border-color:#f47462\"><h3 style=\"background:#f47462\">Tecnologia<\/h3>\n      <div class=\"pil-card\" style=\"box-shadow:none\">\n        <p class=\"pil-p\"><b>App:<\/b><\/p>\n        <ul class=\"pil-list\"><li>Desenvolvimento pr\u00f3prio do app<\/li><li>Altas avalia\u00e7\u00f5es dos usu\u00e1rios<\/li><\/ul>\n        <p class=\"pil-p\"><b>IA e Novos Neg\u00f3cios:<\/b><\/p>\n        <ul class=\"pil-list\"><li>Aquisi\u00e7\u00e3o da Fountain9, uma empresa indiana especializada em solu\u00e7\u00f5es de cadeia de suprimentos impulsionadas por IA<\/li><\/ul>\n      <\/div>\n    <\/div>\n    <div class=\"pil-box\" style=\"border-color:#f47462\"><h3 style=\"background:#f47462\">Entregadores<\/h3>\n      <div class=\"pil-card\" style=\"box-shadow:none\">\n        <ul class=\"pil-list\"><li>+100 mil entregadores ativos<\/li><\/ul>\n        <p class=\"pil-p\"><b>Modelo de contrata\u00e7\u00e3o:<\/b><\/p>\n        <ul class=\"pil-list\"><li>Contrata\u00e7\u00e3o PJ<\/li><li>Sem exclusividade<\/li><\/ul>\n        <p class=\"pil-p\"><b>Programa de benef\u00edcios:<\/b><\/p>\n        <ul class=\"pil-list\"><li>Seguro<\/li><li>Servi\u00e7os de sa\u00fade<\/li><li>Educa\u00e7\u00e3o tecnol\u00f3gica para fam\u00edlias<\/li><\/ul>\n      <\/div>\n    <\/div>\n    <div class=\"pil-box\" style=\"border-color:#f47462\"><h3 style=\"background:#f47462\">Restaurantes\/Dark stores<\/h3>\n      <div class=\"pil-card\" style=\"box-shadow:none\">\n        <ul class=\"pil-list\"><li>Rappi Turbo, o servi\u00e7o de entrega expressa de supermercados da Rappi (em menos de 10 minutos), representa 35% da receita da empresa<\/li><li>A empresa opera 62 dark stores<\/li><li>Devido aos contratos de exclusividade do iFood com restaurantes, a Rappi tem uma penetra\u00e7\u00e3o de mercado muito baixa nesse segmento<\/li><\/ul>\n      <\/div>\n    <\/div>\n  <\/div>\n  <div class=\"pil-grid2 wide-left\" style=\"margin-top:24px\">\n    <div>\n      <div class=\"pil-sub\">Principais n\u00fameros<\/div>\n      <div class=\"pil-grid4\">\n        <div class=\"pil-stat\"><strong><small>+13 MM<\/small><\/strong>pedidos no Rappi Turbo<\/div>\n        <div class=\"pil-stat\">Presen\u00e7a em <strong><small>~100<\/small><\/strong>cidades<\/div>\n        <div class=\"pil-stat\"><strong><small>+20 MM<\/small><\/strong>de usu\u00e1rios<sup>(1)<\/sup><\/div>\n        <div class=\"pil-stat\"><strong><small>15%-30%<\/small><\/strong>take rate<sup>(2)<\/sup><\/div>\n      <\/div>\n    <\/div>\n    <div>\n      <div class=\"pil-sub\">Estrat\u00e9gia de crescimento<\/div>\n      <p class=\"pil-p\">A Rappi busca expandir seus <b>servi\u00e7os financeiros <\/b>por meio do RappiPay, <b>fortalecer <\/b>o Rappi Turbo para <b>entregas expressas<\/b> (com meta de atingir 50% da receita), aumentar sua participa\u00e7\u00e3o de mercado no Brasil e considera realizar um <b>IPO <\/b>na NYSE nos pr\u00f3ximos anos<\/p>\n    <\/div>\n  <\/div>\n  <div class=\"pil-src\">Notas: (1) Considera usu\u00e1rios LATAM. (2) Inclu\u00ed taxas de pagamento pelo app<br>Fonte: Rappi; Folha de S\u00e3o Paulo; Valor; Experience Club; Meio e Mensagem; An\u00e1lise \u00c1rtica.<\/div>\n<\/section>\n\n<section class=\"pil-sec\">\n  <h2>Com uma estrat\u00e9gia de atua\u00e7\u00e3o nas bordas do mercado, o Aiqfome foca em cidades de at\u00e9 200 mil habitantes e se tornou l\u00edder no interior<\/h2>\n  <img decoding=\"async\" src=\"https:\/\/artica.capital\/wp-content\/uploads\/2026\/09\/4927-logo8.png\" alt=\"Logo do Aiqfome, do grupo Magalu\" loading=\"lazy\" style=\"margin:0 auto 16px;border-radius:10px;max-width:320px;width:100%\">\n  <div class=\"pil-grid4\">\n    <div class=\"pil-box\" style=\"border-color:#7b1fa2\"><h3 style=\"background:#7b1fa2\">Usu\u00e1rios<\/h3>\n      <div class=\"pil-card\" style=\"box-shadow:none\">\n        <ul class=\"pil-list\"><li>Foco em cidades de m\u00e9dio porte (30 mil a 200 mil habitantes), estabelecendo uma forte presen\u00e7a em mercados menos competitivos<\/li><li>Opera em mais de 700 cidades<\/li><\/ul>\n        <p class=\"pil-p\"><b>Programa de fidelidade (lan\u00e7ado em nov-24):<\/b><\/p>\n        <ul class=\"pil-list\"><li>d+: R$ 24,90\/m\u00eas<\/li><\/ul>\n      <\/div>\n    <\/div>\n    <div class=\"pil-box\" style=\"border-color:#7b1fa2\"><h3 style=\"background:#7b1fa2\">Tecnologia<\/h3>\n      <div class=\"pil-card\" style=\"box-shadow:none\">\n        <p class=\"pil-p\"><b>App:<\/b><\/p>\n        <ul class=\"pil-list\"><li>Desenvolvimento pr\u00f3prio do app<\/li><li>Altas avalia\u00e7\u00f5es dos usu\u00e1rios<\/li><\/ul>\n        <p class=\"pil-p\"><b>IA e Novos Neg\u00f3cios:<\/b><\/p>\n        <ul class=\"pil-list\"><li>Adquirido pelo Magalu em 2020, aproveitando todo o know-how tecnol\u00f3gico do grupo<\/li><\/ul>\n      <\/div>\n    <\/div>\n    <div class=\"pil-box\" style=\"border-color:#7b1fa2\"><h3 style=\"background:#7b1fa2\">Entregadores<\/h3>\n      <div class=\"pil-card\" style=\"box-shadow:none\">\n        <p class=\"pil-p\"><b>Modelo de contrata\u00e7\u00e3o:<\/b><\/p>\n        <ul class=\"pil-list\"><li>Contrata\u00e7\u00e3o PJ<\/li><li>Sem exclusividade<\/li><\/ul>\n        <p class=\"pil-p\"><b>Programa de benef\u00edcios:<\/b><\/p>\n        <ul class=\"pil-list\"><li>Seguro de vida<\/li><li>Suporte em tempo real<\/li><li>Taxa de entrega zero no app<\/li><\/ul>\n      <\/div>\n    <\/div>\n    <div class=\"pil-box\" style=\"border-color:#7b1fa2\"><h3 style=\"background:#7b1fa2\">Restaurantes\/Mercados<\/h3>\n      <div class=\"pil-card\" style=\"box-shadow:none\">\n        <ul class=\"pil-list\"><li>+30 mil restaurantes<\/li><li>Oferece ferramentas completas para otimizar as opera\u00e7\u00f5es e o desempenho dos neg\u00f3cios<\/li><li>Comiss\u00f5es sobre pedidos inferiores \u00e0s dos concorrentes<\/li><li>Parceria com grandes redes, restaurantes locais e supermercados:<\/li><\/ul>\n        <img decoding=\"async\" src=\"https:\/\/artica.capital\/wp-content\/uploads\/2026\/09\/4927-redes8.png\" alt=\"Logos do Subway, Burger King e Molicenter Supermercados\" loading=\"lazy\" style=\"margin-top:6px\">\n      <\/div>\n    <\/div>\n  <\/div>\n  <div class=\"pil-grid2 wide-left\" style=\"margin-top:24px\">\n    <div>\n      <div class=\"pil-sub\">Principais n\u00fameros<\/div>\n      <div class=\"pil-grid4\">\n        <div class=\"pil-stat\"><strong><small>+2 MM<\/small><\/strong>pedidos mensais<\/div>\n        <div class=\"pil-stat\">Presen\u00e7a em <strong><small>+700<\/small><\/strong>cidades<\/div>\n        <div class=\"pil-stat\"><strong><small>+6 MM<\/small><\/strong>de usu\u00e1rios<\/div>\n        <div class=\"pil-stat\"><strong><small>15%-25%<\/small><\/strong>take rate<sup>(1)<\/sup><\/div>\n      <\/div>\n    <\/div>\n    <div>\n      <div class=\"pil-sub\">Estrat\u00e9gia de crescimento<\/div>\n      <p class=\"pil-p\">O Aiqfome busca expandir para <b>novas categorias<\/b>, como supermercados e farm\u00e1cias, fortalecer a <b>fideliza\u00e7\u00e3o de clientes<\/b> com o programa &#8216;d+&#8217; e entrar gradualmente em <b>grandes cidades<\/b>, aproveitando a estrutura e o reconhecimento da marca Magazine Luiza<\/p>\n    <\/div>\n  <\/div>\n  <div class=\"pil-src\">Notas: (1) Inclu\u00ed taxas de pagamento pelo app<br>Fonte: Aiqfome; Neofeed; Robner; An\u00e1lise \u00c1rtica.<\/div>\n<\/section>\n\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>The delivery market in Brazil has seen accelerated growth of over 30% per year since 2019, with no signs of slowing down in the coming years. Projections indicate that the sector could reach GMV of up to USD 28 billion by 2029, driven primarily by increased user penetration\u2014that is, more people joining apps and their services.<\/p>","protected":false},"author":1,"featured_media":4920,"template":"","meta":[],"class_list":["post-4927","pilulas","type-pilulas","status-publish","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/artica.capital\/en\/wp-json\/wp\/v2\/pilulas\/4927","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/artica.capital\/en\/wp-json\/wp\/v2\/pilulas"}],"about":[{"href":"https:\/\/artica.capital\/en\/wp-json\/wp\/v2\/types\/pilulas"}],"author":[{"embeddable":true,"href":"https:\/\/artica.capital\/en\/wp-json\/wp\/v2\/users\/1"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/artica.capital\/en\/wp-json\/wp\/v2\/media\/4920"}],"wp:attachment":[{"href":"https:\/\/artica.capital\/en\/wp-json\/wp\/v2\/media?parent=4927"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}