Online Food Delivery Market is expected to be more than US$ 5 Billion
A new wave of the online startup has started to emerge, which is changing the way of ordering the food. Online food delivery market is showing enormous potential and attracting massive investment for startup companies. People can order all types of food from online portals like Pizza, Burgers, Sandwiches, Curry, Roti, Bread, Bakery Products, Desserts, Tandoori, Kebab, Curry, Biryani etc. Some of the prominent companies working in the India online food delivery market; are Zomato, Swiggy, Food-Panda, Faasos and Freshmenu. These companies have presence in almost all the major cities of India.
India Online Food Delivery Market is growing in double-digit CAGR and market is supposed to be more than US$ 5 Billion by the end of the year 2023, according to Renub Research analysis. Growth in digitalization and the rising number of working women in metro cities is also boosting online food delivery market in India. From all type of ordering platform: Mobile App, Web and Direct Calling, Mobile App is dominating the India online food delivery market. Besides, promotional offers, discounts, time-saving and comfort are also encouraging people to order food online.
India Online Food Delivery Market is showing immense potential and attracting huge investments. The online food delivery market of India is mainly driven by India’s young population base, increasing digitization, growing penetration of smartphones, increasing disposable income of people in the region, rising proportion of women in working population and adoption of aggressive marketing strategies by food startups. Features, like ordering food and getting it delivered at the comfort of anytime anywhere with the convenience of either online payment or pay on delivery, are some the other factors which are anticipated to further drive the growth of India Online Food Delivery Market. In addition, lucrative offers, easy & user-friendly interface, cash-backs, social media, and customer integration are also helping online food delivery market to grow in the forecast period.
Bangalore is the Leading City in the India Online Food Delivery Market
In this report, we have done complete assessment of top cities in the India online food delivery market. The cities we covered are: Bangalore, Delhi NCR, Mumbai, Hyderabad, Pune, Others. The report provides all the historical and forecast market value for each city. Bangalore is the leading city in the India online food delivery market.
Mobile is playing very significant role in the India Online Food Delivery Market
In this report we have covered market by ordering platform in this market place. All three types of ordering platform are covered in this report: Mobile App, Web and Direct Calling. Mobile ordering platform is playing a significant role in the India online food delivery market and it is anticipated that this will dominate in the forecasting period as well.
Pizza/Burgers/Sandwiches is the most preferred cuisine in the India Online Food Delivery Market
In this report, we have shown complete insight of preferred cuisine in the India online food delivery market. The cuisines market covered in the report are: Pizza/Burgers/Sandwiches, Tandoori/Kebab/Curry/Biryani, Curry Roti/Bread, Bakery Products/Desserts, Others. Pizza/Burgers/Sandwiches are most preferred cuisine in the India online food delivery market.
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