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India Online Food Delivery Market To Reach US$ 257.7 Billion by 2032 | CAGR of 24.32%

11-28-2023 07:46 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

India Online Food Delivery Market

India Online Food Delivery Market

Indian Online Food Delivery Market Outlook 2024-2032:

According to IMARC Group's latest research report, titled "Indian Online Food Delivery Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2032," The India online food delivery market size reached US$ 36.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 257.7 Billion by 2032, exhibiting a growth rate (CAGR) of 24.32% during 2024-2032.

India Online Food Delivery Trends:

Online food delivery in India is a service that allows customers to order food from restaurants via websites or mobile applications and have it delivered to their doorstep. This service combines technology, culinary art, and logistics, offering features like real-time tracking, multiple payment options, and a wide variety of culinary choices. The key characteristic of this market is its convenience, providing access to a range of food options with just a few clicks. The working mechanism hinges on a seamless digital interface connecting consumers with local restaurants and delivery personnel. This model has gained significant traction for its efficiency, user-friendly platforms, and the ability to cater to diverse tastes and dietary preferences.

Get Sample Copy of Report at - https://www.imarcgroup.com/india-online-food-delivery-market/requestsample

Top Companies in Indian Online Food Delivery Industry:

• Zomato
• Swiggy
• Foodpanda
• Bundl Technologies
• Fasso's
• Domino's

India Online Food Delivery Market Growth

The market in India is primarily driven by the increasing penetration of internet and smartphone usage, making it easier for consumers to access food delivery apps. In line with this, the growing urban population with fast-paced lifestyles is also providing an impetus to the market. Moreover, the rising disposable income among the middle class is acting as a significant growth-inducing factor, as it enables more spending on convenience services like food delivery. In addition to this, the expansion of food delivery platforms into tier 2 and tier 3 cities is further bolstering the market. Besides this, partnerships between online food delivery platforms and a wide range of restaurants are creating lucrative opportunities in the market. Apart from this, the evolving preferences of Indian consumers towards diverse cuisines and gourmet food options are creating lucrative opportunities in the market.

Do you know more information, Contact to our analyst at:- https://www.imarcgroup.com/india-online-food-delivery-market

Key Market Segmentation:

Breakup by Platform Type:

• Mobile Applications
• Websites

Breakup by Business Model:

• Order Focused
• Logistics Based
• Full-Service

Breakup by Payment Method:

• Online
• Cash on Delivery (COD)

Regional Insights:

• North India
• West and Central India
• South India
• East India

TOC for the India Online Food Delivery Market Research Report:

• Preface
• Scope and Methodology
• Executive Summary
• Introduction
• India Online Food Delivery Market
• SWOT Analysis
• Value Chain Analysis
• Price Analysis
• Competitive Landscape

Contact us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

Who we are:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

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