How many of you used a mobile application today to order food online? I am sure there would be many. The hectic schedule of the people is making them tiring and lazy to cook their food. Gradually this routine has turned into a habit, and now, almost everyone is relying on food delivery as it gives various options in cuisine selection at a discounted cost and the ordering process is also made easy with the help of the mobile application. The mobile app works hand-in-hand in the food delivery business.
According to Statista, revenue in the Online Food Delivery segment amounts to US$122,739m in 2020, and the revenue is expected to show an annual growth rate (CAGR 2020-2024) of 7.5%, resulting in a market volume of US$164,002m by 2024.
Know more about why mobile apps are the future of the food business?
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