India Online Food Delivery Market Status, Demand, Key Trends, Industry Analysis & Growth Opportunity 2018-2025| Global Growing manufacturers: Foodpanda, Swiggy, Faasos, and Zomato

This research report titled “India Online Food Delivery Market Status, Demand, Key Trends, Industry Analysis & Growth Opportunity 2018-2025” has been added to the wide online database managed by Market Research Hub (MRH). The study discusses the prime market growth factors along with future projections expected to impact the “Online Food Delivery Market” during the period between 2018-2025.The concerned sector is analyzed based on different market factors including drivers, restraints and opportunities in order to enlighten the readers about the actual scenario prevailing in the “Online Food Delivery Market ”.

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The meaning of food tech has evolved over the years. Earlier, it referred to food processing and the technology used for its manufacturing. Now, it pertains to the online food ordering and delivery services market. Adequate funding and investments in this market space have enabled companies to provide online food delivery services that have never been seen before.
The popularity of online food delivery service can be attributed to the several benefits it provides, such as food delivered to the doorstep of the customer, various payment options, attractive discounts, rewards, and cashback offers. Restaurants and cafes also find it profitable to sell their food through online mediums since it reduces a significant amount of operational overheads. College students, working couples and office goers are the key target audience of foodtech companies.

More than 80% of the orders that come on these online food delivery platforms are from the top five Indian cities, out of the 20 where they are active. The report online food delivery market in India (2018-2023) takes a look at the current market scenario, its segmentations, drivers and deterrents of growth, investments, the competitive landscape, and recent developments.

Key growth factor:
o Higher disposable income, families with Double-Income-No-Kids (DINKS), a greater number of people with access to internet, and increased smartphone are some of the major factors that are leading to the growth of the online food delivery market in India. 

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Key players:
o Foodpanda, Swiggy, Faasos, and Zomato are currently among the top-rated food ordering aggregators operating in the Indian market.

Moving further in the study, the qualitative analysis of the India online food delivery market and its segments are discussed. The market has been segmented on the basis of cuisine and food ordering method. By cuisine, the study covers fast food, Indian food, Italian food and others. Two important food ordering method include web and mobile. The report further also adds that college students, working couples and office goers are the key target audience of food tech companies.

The last section of the report presents an analysis of the competitive landscape and profiles of major players operating in the market. Apart from that, significant insights collated in the report inform readers about winning marketing tactics implemented by leading players and key recent developments associated with the online food delivery market in India. Currently, players such as Swiggy and Zomato have managed to maintain the growth despite charging delivery fees for small-ticket deliveries. UberEats, Foodvista India Private Limited, Bundl Technologies Private Limited, Pisces Eservices Private Limited are also popular names in the industry.

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