Food Delivery Mobile Application Market: New Study Offers Insights for 2017 - 2025

With the support and massive development in technology, food industry is booming again. Technology has reached a level which aids the restaurants and food delivery businesses equally. Growing demand for restaurants of different food theme, managed the food industry to have broad potential for development, in terms of technology. In addition to this, information technology has enhanced the overall performance, quality, customer satisfaction and efficiency, by providing a range of options through a single online mobile portal for food delivery. For restaurants, food-selling proprietors and franchisees, mobile application is an innovative way of creating a fascinating image in customers.

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For the growth of any business, the connection between businesses and end-consumers has always played a pivotal role. Increasing number of online platforms capturing broader markets across the Americas, Asia, Europe, and the Middle East, that results in rapid change of delivering meals to the convenient place. The process of delivering food have changed from website ordering to ordering from smartphone using mobile application. High growth in the area of mobile application development made this possible for the food delivery market. These application can allow access to single or multiple restaurants acting as a middleman between customers and restaurants. This also allowed key market players to increase customer retention and market presence in local and international markets.

Logistics-focused food delivery, aggregators and full service on-demand delivery are three platforms for online food delivery startups. In logistics-focused food delivery, delivery services partners with different food providers such as restaurants and franchisees. Whereas in aggregators platform, there is a link between customer and restaurants, that manages orders from customers and routing them to restaurants. However, in full service on-demand delivery platform, food providers are responsible for everything.

Food industry sector, with the help of highly organized mobile application can have multiple benefits including online slot reservation, digital menu card online ordering. This help the provider to serve customers ‘on the go’ across the world, serving valuable insights in the form of delivery location, customer orders and reviews. Recent advancement in technology such as GPS, have created new avenues for finding places. This is also helpful for the food industry.

Some of the factors supporting to the growth of food delivery mobile application market such as rising usage of smartphones, adoption of internet of things, growing collaboration & alliance among various application developers & restaurants, adequate infrastructure development and rising growth of investment in digitization. However, operators are trying to revolutionize and come up with developed concepts after having realized the potential of the organized food services market, this in turn, fuel the market growth for food delivery mobile application.

In developing and developed countries low speed of connectivity hinders the market growth.

Furthermore, to launch mobile application by itself, a restaurant or franchisee incurs additional costs for maintenance, installation and marketing of applications.

The global market for food delivery mobile application is segmented on the basis of deployment type and end user. Based on deployment type it can be segmented into android, iOS and others. Based on the end user, the market is segmented into food delivery marketplace, restaurants and others.

The food delivery mobile application market in Asia Pacific is expected to dominate the market during the forecast year. This is due to the increasing initiatives to strengthen the overall food delivery by ensuring competence and effectiveness of the mobile apps. Furthermore, North America followed by Europe is expected to support for the growth of the market

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Some of the key vendor in the food delivery online application market includes are IBM Corporation, Apple Inc., Cognizant, Mendix CA, Inc., Google Inc., Red Hat, Inc., SAP SE, Microsoft Corporation, and Zoho Corporation Pvt. Ltd.

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