What is Market Statistics of On-Demand Food Delivery App?

 Food Delivery App Development

Startupmart - Being a reputed on-demand app development company, our goal is to uplift startups and make them successful  in the on-demand industry. We make on-demand services more reachable at customer door steps via providing enriched on-demand app development services for 10+ industries, and we have  picked the food delivery app development as one of the primary on-demand  app solutions.

At startupmart, we provide instantaneous food delivery app development services so that you can build a customer-centric on-demand food delivery app with advanced payment methods, UI/UX design, delivery methods, security mechanisms, real-time order tracking, and much more features that will help restaurants and hotel to serve food fast and hot at customer doorsteps.


Why to build your own food delivery app?

Having an idea to start a on-demand food delivery business, then It's time to turn your ideas into action. Being a food delivery startup, it's your duty to figure out successful app development steps, compare your idea with the best food delivery app, target audience, Market Statistics, app validation and get professional consultation from a reputed on-demand app development company.

Developing a own food delivery app has become more popular among restaurant owners. The main objective of the food delivery apps is to serve peoples in a short span of time. It is important to develop and deliver a flexible food delivery app, whereas making it successful is also more important as well as the development. This can be accomplished simply through acquiring food delivery app development services from the best on-demand app development company like Startupmart.

Market Statistics of Food Delivery App:

From the beginning to till date, food delivery apps have the best impact among the users, restaurant owners, admins as well as the drivers.

As of 2019, the overall user base of the online food delivery market is approximately 63%. Later, it started to increase gradually even in the rural and urban areas with its wide reach and awing features, since ordering food online is easy to handle, saving time and energy of home cooking.

In 2020 (so called the year of Covid19), the food delivery market has seen massive growth during the pandemic lockdown. Similar industry verticals have revealed that food delivery app has reached its 2022 goals in this covid crisis which signifies the growth rate of the sector in 2020.

In 2021, the online food delivery segment is expected to reach US $11,666 Million whereas the annual revenue growth rate is going to increase evidently of 7.9% in CAGR 2021-2024 results in the market volume of US$14,670m by 2024. 

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