What is the online food delivery market size and demand ?



The online on-demand food delivery services market size will grow by $44.23 billion during 2020-2024. The market’s growth momentum will accelerate during the forecast period because of the increase in year-over-year growth. Online food delivery is a process of ordering and delivering food items to the customers at their doorsteps who have ordered their food through various food delivery websites and applications by using their computers or smartphones.


Online food delivery is gaining popularity among both consumers and food service providers as it is benefiting both. The growth of the overall food delivery industry that allows customers to order food from an array of restaurants is playing a pivotal role in driving the market growth. The expansion of delivery aggregators such as Zomato and Swiggy in the Indian market over the last couple of years has further contributed to the market growth.

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