Press release
Food Tech Market in India 2021 | Swiggy, Zomato, BigBasket, Amazon India
Food Tech Market
Get Free Sample Report + All Related Graphs & Charts @: https://www.htfmarketreport.com/sample-report/3147793-food-tech-market-in-india-2021
Summary
The foodtech market in India is an emergent but fast-growing market that has experienced remarkable growth from 2015 onwards. The majority of the key players are startups and are at nascent stages of growth. Some of the main players that operate in the market in India are Swiggy, Zomato, BigBasket, Jubilant Foods, Freshmenu, and Licious.
Market insights:
The foodtech market in India was valued at INR 289.36 Bn in 2019 and is expected to reach INR 1,868.19 Bn by 2025, expanding at a compound annual growth rate (CAGR) of ~39% during the 2021 – 2025 period. Rapid urbanization, growth in the number of working youth, and increased adoption of the internet and smartphones are a few of the significant factors that propel market growth. Lucrative offers and discounts provided by various aggregators on their apps and the ease of doorstep delivery are further driving the market. However, the dominance of unorganized players across tier II and tier II cities and the significantly low penetration of internet in tier III cities deter its growth.
Segment insights:
On the basis of product type, the foodtech market in India is broadly categorized into two segments – online food delivery and online grocery. In terms of revenue, the online food delivery segment dominated the foodtech market, accounting for 67.13% of the overall revenue in 2020. The online grocery segment is expected to witness high growth during the forecast period and is likely to dominate the market by the end of 2025, accounting for ~55.10% of the sector.
COVID-19 impact analysis:
During the initial stages of the COVID-19 pandemic, the market experienced a setback mainly because the online food delivery market was severely impacted by the nationwide lockdown. The frequency of online food ordering declined initially because consumers were concerned about their health and the availability of delivery agents fell due to the scarcity of jobs and migration of labor during. However, many food service startups expanded their businesses beyond restaurant food delivery to target new customers and retain existing customers with other types of delivery services. Furthermore, the increased penetration of the internet in tier II and tier II cities since the pandemic has helped these companies reach out to more people and expand their delivery services. The importance of online transactions and other online activities were realized during the pandemic, both by customers, as well as investors. This will help the foodtech market to grow throughout the forecast period.
Companies covered:
• Jubilant FoodWorks Limited
• Bundl Technologies Pvt. Ltd. (Swiggy)
• FoodVista India Private Limited (FreshMenu)
• Grofers India Pvt. Ltd.
• House of Licious
• Milkbasket
• Rebel Foods Pvt. Ltd.
• Supermarket Grocery Supplies Pvt. Ltd. (BigBasket)
• Zomato Media Pvt. Ltd.
• Amazon India Ltd.
Make an enquiry before buying this Report @ https://www.htfmarketreport.com/enquiry-before-buy/3147793-food-tech-market-in-india-2021
Chapter 1: Executive summary
Chapter 2: Socio-economic indicators
Chapter 3: Introduction
3.1. Market definition and structure
Chapter 4: Market overview
4.1. Foodtech market in India – An overview
4.1.1. Market size and growth forecast based on value (2018 – 2025e)
Chapter 5: Market segmentation
5.1. Foodtech market in India – Market segmentation
5.1.1. India foodtech market share based on type (2020 and 2025e)
5.2. India online food delivery market size and growth forecast (2018 – 2025e)
5.3. India online grocery market size and growth forecast (2018 – 2025e)
Chapter 6: Technology Impact
6.1. Key technologies
Chapter 7: COVID-19 impact analysis
7.1. COVID-19 impact analysis
Chapter 8: Market influencers
8.1. Market influencers
Chapter 9: Competitive landscape
9.1. Jubilant FoodWorks Limited
- Company information
- Business description
- Products/Services
- Key people
- Financial snapshot
- Key ratios
- Key financial performance indicators
- Key business segments
- Key geographical segments
Buy this report @ https://www.htfmarketreport.com/buy-now?format=1&report=3147793
Thanks for reading this article; you can also get Individual chapter wise section or region wise report version like North America, Europe or Asia.
Contact US :
Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Unit No. 429, Parsonage Road Edison, NJ
New Jersey USA – 08837
Phone: +1 (206) 317 1218
sales@htfmarketreport.com
About Author:
HTF Market Report is a wholly owned brand of HTF market Intelligence Consulting Private Limited. HTF Market Report global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities but to also empower and inspire you to create visionary growth strategies for futures, enabled by our extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist you for making goals into a reality. Our understanding of the interplay between industry convergence, Mega Trends, technologies and market trends provides our clients with new business models and expansion opportunities. We are focused on identifying the “Accurate Forecast” in every industry we cover so our clients can reap the benefits of being early market entrants and can accomplish their “Goals & Objectives”.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Food Tech Market in India 2021 | Swiggy, Zomato, BigBasket, Amazon India here
News-ID: 2257035 • Views: …
More Releases from HTF Market Intelligence Consulting Pvt. Ltd.
Investment Trust Market Shaping from Growth to Value | Equiom, Hawksford, HSBC
HTF MI just released the Global Investment Trust Market Study, a comprehensive analysis of the market that spans more than 143+ pages and describes the product and industry scope as well as the market prognosis and status for 2025-2033. The marketization process is being accelerated by the market study's segmentation by important regions. The market is currently expanding its reach.
Major companies in Investment Trust Market are: J.P Morgan, Equiom, Hawksford,…
Cell-Based Seafood Market Is Booming Worldwide | BlueNalu, Shiok Meats, Finless …
HTF MI just released the Global Cell-Based Seafood Market Study, a comprehensive analysis of the market that spans more than 143+ pages and describes the product and industry scope as well as the market prognosis and status for 2025-2033. The marketization process is being accelerated by the market study's segmentation by important regions. The market is currently expanding its reach.
Major Giants in Cell-Based Seafood Market are:
BlueNalu (USA), Shiok Meats (Singapore),…
Automatic Cooking Machines Market to See Thriving Worldwide | Electrolux, Haier, …
HTF MI just released the Global Automatic Cooking Machines Market Study, a comprehensive analysis of the market that spans more than 143+ pages and describes the product and industry scope as well as the market prognosis and status for 2025-2033. The marketization process is being accelerated by the market study's segmentation by important regions. The market is currently expanding its reach.
Major Giants in Automatic Cooking Machines Market are:
Midea (China), Whirlpool…
Sand & Gravel Market SWOT Analysis by Key Players- Vulcan Materials, Martin Mari …
HTF MI just released the Global Sand & Gravel Market Study, a comprehensive analysis of the market that spans more than 143+ pages and describes the product and industry scope as well as the market prognosis and status for 2025-2033. The marketization process is being accelerated by the market study's segmentation by important regions. The market is currently expanding its reach.
Major Giants in Sand & Gravel Market are:
Vulcan Materials (US),…
More Releases for India
India Smart Air Purifier Market Set to Witness Significant Growth by 2035 | Phil …
India smart air purifier market was valued at $125.8 million in 2024 and is projected to reach $298.7 million by 2035, growing at a CAGR of 8.3% during the forecast period (2025-2035).
India Smart Air Purifier Market Overview
The Indian smart air purifier market is experiencing significant growth, driven by increasing concerns over air pollution and its impact on health. Consumers are increasingly adopting smart air purifiers equipped with advanced features…
Ayurvedic Service Market is Flourishing Like Never Before | Patanjali Ayurved Li …
RnM newly added a research report on the Ayurvedic Service market, which represents a study for the period from 2020 to 2026.
The research study provides a near look at the market scenario and dynamics impacting its growth. This report highlights the crucial developments along with other events happening in the market which are marking on the growth and opening doors for future growth in the coming years. Additionally, the…
Pasta Market Report 2018 Companies included Bambino (India), Nestle (USA), Field …
We have recently published this report and it is available for immediate purchase. For inquiry Email us on: jasonsmith@marketreportscompany.com
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also provides detailed segmentation on the…
Interior Designers India, Designers and Architects India, Interior Design Consul …
Synergy Corporate Interiors Pvt. Ltd. are offer Designers and Architects India Our architects, designers are working an national and international client base. The final design output is then integrated with the various technical and engineering aspects and taken into production. The expression is also individualistic, based on the communication of the correct corporate identity. Our designers, engineers and architects perform any plan successfully combine handy knowledge with creative ideas into…
Domain Registration India, Web Hosting India, VPS Hosting India , SSL Certificat …
All the Domain Registration services are at affordable price and assure you for the 100% quality.
India Internet offers cheap domain name registration for many domain extensions available. We are a full-service web site solutions provider. We offer a full range of web services including domain registration India, Web Hosting India, Web design, SEO marketing and etc.
We offer different standard and different Windows .NET low-cost, full-featured, all-inclusive web hosting and domain…
Domain Registration India, Web Hosting India, Payment Gateway India
Indiainternet.in is a Quality Web Hosting Company India, provide all web related support and Web hosting services like linux web hosting, windows web hosting, web hosting packages, domain registration in india, Corporate email solution, business email hosting, payment gateway integration, SSL with supports like free php, cgi, asp, free msaccess, free cdonts, free webmail, web based control panel, unlimited ftp access, unlimited data transfer.
During the domain registration process, you will…
