The online food delivery system allows customers to order and receive desired food products at their doorstep. Change in lifestyle and eating habits, stringent work schedule, and increase in the number of working women, and rise in disposable income drive the online food delivery market. Some of the key players are Zomato, Swiggy, Domino’s Pizza, Fasoos, and Box8.

Market insights:
The market is expected to reach INR 1,515.17 Bn by 2026 expanding at a CAGR of 30.11% during the 2021 – 2026 period. Rapid digitalization and acceptance of online food delivery services among consumers across tier I and tier II cities propel market growth.

However, low-cost food and retail products offered by local unorganized players in tier II and tier II cities, and villages is expected to restrict the development of the organized players. There has been a consistent rise in investments received by established industry players such as Zomato and Swiggy in the online food aggregators market in India.

COVID-19 impact analysis:
The nationwide lockdown induced by the COVID-19 pandemic initially caused some disruptions in the growth of the online food delivery market. However, it bounced back, owing to people’s inclination toward takeaways over dine-outs in order to comply with social distancing norms.

Although the number of online orders went up this year, sales declined in the second quarter due to the second wave. In April, overall online food delivery sales dropped by almost 40% to (provide April figure) from (provide figure) in March.

This was because of apprehension toward food from outside. However, the pandemic has also resulted in the onboarding of new customers. Due to social distancing norms, there has been an aggressive shift toward delivery-oriented infrastructure as customers preferred ordering food at home over dining out.

Related reports: 

Online Food Delivery Market in India 2020

The post Online Food Delivery System Market in India 2021 first appeared on CRI Report.

Online Food Delivery Market in India – Key Growth Factors
Changing demographics, rising income, consumption levels, favorable lifestyle changes, the convenience of ordering, and aggressive marketing strategies adopted by food startups are some of the factors currently driving growth in the online food delivery industry.

Online Food Delivery Market in India – Threats and Key Players
Customers expect low prices, quick delivery times and cost-saving options such as discounts and cashbacks. Despite the visible popularity of online food ordering, market penetration at the time of publishing is only around 0.7%. Some of the key players in this online food delivery market include Foodpanda, Swiggy, Scootsy, and Zomato.

Food delivery businesses are further constrained by a number of factors such as limited delivery times, unpredictable demand patterns, and highly-concentrated peaks in ordering during meal-times, inability to influence external circumstances such as traffic, weather, and changing demands on a daily basis and kitchen operations are the key challenges faced by this industry. Owing to fierce competition and vast market, the online food delivery space needs continuous innovation to improve customer convenience, satisfaction, and retention.

What’s covered in the report?

Overview of the online food delivery sector in India and forecasted online food delivery market size over 2014 to 2020e
Market Structure
Investment in Indian Online Food Delivery Sector
Market Segmentation
Cuisine-Wise Segmentation
Food Ordering Method Wise Segmentation
Qualitative and Quantitative Analysis of the Industry
Competitive Landscape

Why Buy?

Get a broad understanding of the online food delivery market in India, its link to the overall online food delivery apps, the major segmentations of the sector and current state of the same
Be informed about the investments in Indian online food delivery market
Understand the business of major competitors, the market dynamics, and respond accordingly
Be informed regarding the key areas of opportunity in the online food delivery market
Make more informed business decisions with the help of insightful recommendations to succeed in the online food delivery marketSlide 1: Executive Summary

Socioeconomic Indicators
Slide 2: Total Population (2010-2011 – 2019-2020), Population Density (2010-2011 – 2019-2020)
Slide 3: Sex Ratio (2005, 2010, 2015, 2020), Population by Age Group (2005, 2010, 2015, 2020), Urbanization Trend (2010-2011 – 2019-2020)
Slide 4: Total Fertility Rate (2005-2010, 2010-2015, 2015-2020), Infant Mortality Rate (2005-2010, 2010-2015, 2015-2020), Total Number of Births (2005-2010, 2010-2015, 2015-2020), Total Number of Death (2005-2010, 2010-2015, 2015-2020)
Slide 5: Total Literacy Rate (2001, 2011), Rural Literacy (2001, 2011), Urban Literacy (2001, 2011)
Slide 6: GDP at Market Prices (2010-2014), FDI (2010-2014), Inflation Rate (2010-2014), Unemployment Rate (2010-2014)
Slide 7: Access to Safe Drinking Water (2001, 2011), Exchange Rate (2010-2015)

Market Overview
Slide 8: Market Definition and Structure
Slide 9: Market size & growth forecast (Value-Wise; FY 2014 – FY 2020e) and Current Market Scenario
Slide 10: Investment in Indian Online Food Delivery Sector
Slide 11: Market Segmentation
Slide 12: Porter’s Five Force Analysis

Market Influencers
Slide 13: Market Drivers
Slide 14-15: Market Challenges

Competitive Landscape
Slide 16: List of Major Players
Slide 17-22: Profiles of Major Players

Recent Developments
Slide 23-24: Key Recent Developments

Appendix
Slide 25: Research Methodology

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