According to the latest report by IMARC Group, titled “Online Food Delivery Market in India: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the Indian online food delivery market reached a value of US$ 4.35 Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 30.1% during 2021-2026. Online food delivery refers to those services that help consumers in ordering and receiving their food products at their doorstep. It allows customers to choose from a wide variety of cuisines available while browsing the website or application. It offers various benefits such as speedy delivery, ease in making payment, availability of food anytime, and others.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/india-online-food-delivery-market
Market Trends and Drivers:
The market in India is primarily driven by the changing lifestyle and eating habits of consumers. This, coupled with hectic life schedules and inflating disposable income is significantly contributing to the market growth. Furthermore, the growing demand for ready-to-eat and packaged foods is positively influencing the market growth. Moreover, rising digitalization and increasing penetration of smartphones are escalating the market growth. The rapid outbreak of the COVID 19 pandemic has favored market growth due to the contactless delivery services introduced by some of the leading players like Swiggy, Zomato, Domino’s, Pizza Hut, and others. Other factors, including the rising working population, rapid urbanization, and growing online consumer base are creating a positive outlook for the market.
Key Market Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Bundl Technologies
Breakup by Platform Type:
- Mobile Applications
Breakup by Business Model:
- Order Focused
- Logistics Based
Breakup by Payment Method:
- Cash on Delivery (COD)
- North India
- West and Central India
- South India
- East India
Key highlights of the Report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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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