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India Online Food Delivery Market is expected to US$ 5 Billion by the end of the year 2023

07-31-2019 04:16 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Renub Research



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As the beginning of the 21st century, after the introduction of dot-com (.com) crash, a new trend of online businesses have started to emerge, which has slowly changed the whole perception of people ordering food. Led by some snacks and Chinese food items by a few food companies to almost all food items that one could wish by several players at the ease of consumer fingertip, the food delivery services in India is getting popular among the consumers. Witnessing the growth and potential of India online food delivery market, several new entrants also arrived with innovative ideas to make hold on to this emerging market as the sector is undergoing rapid change due to the increasing digitalization across the country. India Online Food Delivery Market is expected to surpass US$ 5 Billion landmark by the end of the year 2023.

India is one of the fastest-growing economies across the globe with a huge population that offers immense potential to the online food delivery market, and so many well-known players of this sector have made the considerable investment as the region is set to become one of the leading marketplaces of the online food delivery market. A few years back, India online food delivery market is mostly concentrated with food ordering, and delivery of certain food items like burger, pizza, Chinese food items but now the sector has swamped by almost all type of food items that one could wish with the delivery convenience of any time, anywhere. As the internet connectivity has spread across the nation, the wave of ordering food online and getting it delivered to the mentioned address, the online food delivery market also has come to the forefront of the food industry.

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The online food industry operates as two separate entities; the first one is aggregators, and the second is delivery providers. Both of them generally offer the same facilities to the consumers, including menu comparisons, post reviews, and placing an order from an extensive network of restaurants efficiently. However, there is one glaring difference between these two. The prime role of the aggregators is only to get orders from the consumers and forward it to the different restaurants while the delivery providers go the last mile and deliver the placed order themselves.

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Unlike other industry, the Indian food industry also gets influenced by digital technology and the internet. These technological advancements and infrastructural improvement, especially in the non-metro cities of India, is expected to boost the growth of the India Online Food Delivery Market in the place. Indian consumers who now become familiar to online shopping easily lured into the other areas where the online marketplace offers maximum comfort, better experience, and transparency. Thus, witnessing the consumer behaviour and trend, it is expected that India Online Food Delivery market will certainly touch the new glory of success over the projection years.

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Key Topics Covered :

1. Introduction
2. Research & Methodology
3. India Online Food Delivery Market
4. Market Share – India Online Food Delivery
5. Operation Type - India Online Food Delivery Market
6. City - India Online Food Delivery Market
7. Ordering Platform - India Online Food Delivery Market
8. Cuisine - India Online Food Delivery Market
9. Mergers & Acquisitions
10. Market Dynamics
11. Company Analysis

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