Latest Trends You Should Know in Starting a Food Delivery Business

   2019-09-21       54        Business
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If you’re an entrepreneur who wishes to start a food delivery business, now’s the right time to set your sails. Let’s explore the latest trends in the on-demand food delivery market

Just like every other industry, the food delivery industry is undergoing drastic transformations. Dominant players like Just Eat, Grubhub, UberEats, and Deliveroo have attracted the millennials’ attention. Anyone who wishes to start a food delivery business has to include the latest trends and technological advancements to stand out from other competitors in the market. 


Is food delivery a lucrative industry to invest in? Let’s read a few statistics on online food delivery,


  • The revenue in food delivery services is expected to grow at an annual growth rate of 9.9 % from 2019 until 2023. 

  • Its market volume is estimated to be $156 billion by 2023. 

  • Presently, online food delivery is earning revenue of more than $100 billion.


If you’re an entrepreneur who wishes to start a food delivery business, now’s the right time to set your sails. Let’s explore the latest trends in the on-demand food delivery market,


Trend #1 - Attract the Millennials

The primary audience of food delivery services is Millennials as they spend the highest share of money on food when compared to the other generations. Adhering to the fast-paced world’s fast delivery services, Generation Y chooses such sort of doorstep and comfortable services. Including innovative features that capture the Millennials’ attention is the need of the hour. 


Trend #2 - Multiple Ordering Ch""

Author Signature :


Debbie is a passionate blogger & writer. She is working as a Business Strategist who Develop, Analyze and Maintain a repository of market & competitive intelligence and form perspectives on trends, challenges & evolving needs.


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