The Best Tech Stack For On-Demand Fuel Delivery App Development

by Kim Yazzi Digital Marketing

In the last five years, with the launch of platform-to-consumer services, the food delivery app market has experienced significant growth and is expected to grow at a high pace. The figures confirming the same.

  • The food market volume is expected to become $79,608 million in 2021.
  • The online food delivery segment is projected to generate revenue of $151,526 million in 2021.
  • The user penetration will increase to 17.4% in 2021.

Post-covid, the food industry growth is propelled to a few years more into the future as millions of people are forced to stay at home. The route optimization, delivery riders, and network effects have made the deliveries cheaper and faster. The flywheel effect has helped the new start-ups to increase the market share and profit margins.

In the new normal as well, the accelerated food orders are expected to last in the long run worldwide. China is leading the position with market penetration and the largest user base of 650 million people followed by the US that stands in the second position.

Do you want to make the most out of the golden opportunity? Want to get the mobile app engineered? If so, look at the success that leading food delivery apps are cherishing which will help you know what to include and fill the void with on-demand app development.

Read more : Features to Consider for Building a Food Delivery App

Read More: Cost to develop a food delivery application In India

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About Kim Yazzi Advanced   Digital Marketing

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Joined APSense since, April 1st, 2020, From Ahmedabad, India.

Created on May 20th 2021 06:55. Viewed 272 times.


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