Online Food Delivery Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024

Online Food Delivery Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024

IMARC Group analyzes the growing trend of online food ordering and delivery. Their report provides a macro overview of the market to micro details of the industry performance, recent trends, and key market drivers and challenges.

Key findings

"The global online food delivery market reached a value of US$ 96 Billion in 2019."

"One of the major factors driving the market growth is the rising penetration of smartphones and internet connections which provide the opportunity to get the food delivered very conveniently and quickly."

Advantages of online food delivery are labor savings, enhanced accuracy of online orders, increased convenience for the customer, simpler order processing, and advertising opportunities.

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