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benluis  
#1 Posted : Saturday, May 09, 2020 2:25:56 PM(UTC)
benluis

Rank: Advanced Member

Groups: Registered
Joined: 5/8/2020(UTC)
Posts: 69
United Kingdom
Location: London

Now, why should one venture into developing a food delivery app? Let’s take a look at the market stats that can help us conclude,

  • The online food delivery market will surpass $400 billion by 2025.

  • The online food delivery market is expected to grow at a CAGR of 31.76% between 2019 and 2024.

  • According to Morgan Stanley, 65% of people prefer apps over phone calls while ordering food.

  • It is to be noted that the market was $260 billion in 2017 and rose to $325 billion in 2020.

  • Almost 60% of the restaurants have agreed that online platforms have boosted their sales substantially.


A Zomato Clone can cost you only $3,459. Either way, make sure you produce a high-quality, thereby increasing your sustainability in the market!
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