12/26/2023 0 Comments Uber dining seamless webIt was started in 2010 by Deepinder Goyal, after rebranding from the food directory website Foodiebay. Zomato is one of the oldest players in the on-demand food delivery market. 8 Best Food Delivery Services in India 1. IMARC Group anticipates that the market value will reach USD 12.7 Billion by 2025, at a CAGR of 27.2% during 2020-2025. The on-demand Food Delivery Apps are assuring the users of providing the best quality food, along with maintaining hygiene to expand their user base consistently. The online food market is currently observing an increase in users and demand due to the availability of the internet and hence connectivity. After successfully commissioning online food delivery services and gaining huge amounts of success and profit, they have expanded their online food delivery services to smaller cities also. In the beginning these on-demand food delivery apps targeted metropolitan cities like Delhi, Mumbai, and Bangalore. Market sizeĪccording to a new report by the India Online Food Delivery Market Analysis, the online food delivery market in India outstretched a value of almost USD 2.92 billion in 2019. Let us delve deeper into the growth of the on-demand food delivery market and its prospects. Given the increased influence and trend of online shopping, it was only a matter of time that on-demand food delivery apps became popular. Another reason for the growth of the on-demand food delivery market is that the majority of the population in India comprises youth, and technology has pervaded all types of industries, bringing them online whether it is clothing, essential items, furniture accessories, etc. This is one of the primary reasons that on-demand food delivery apps have gained tremendous popularity. Since the introduction of the on-demand food delivery apps, people prefer to order from the comfort of their couch at their home, rather than moving out and dine. In their busy lifestyles, people try to save as much time as possible, and one of the services that have saved hundreds and thousands of hours and got rid of the worry associated with cooking meals is the on-demand food delivery system. Food is something that can bring a smile or a frown in a minute on one’s face. Apart from being a basic necessity for living, we also experience the occasional craving for our favorite meal. Some things will never go out of demand, one of them is the demand for food.
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