Search results
Results from the WOW.Com Content Network
UBS: Online food delivery market will grow from $35 billion globally today to $365 billion by 2030. The growth will be fueled by the rise of online grocery shopping, meal prep kits, and online ...
UBS thinks the online food delivery market could grow by 10 times in the next 12 years as meal kits and takeout apps become more ubiquitous.
The market reached $214 billion in 2023, 2.3 times that of 2020, according to estimates by iiMedia Research, a China-based firm that tracks consumer trends. The industry is projected to reach $280 ...
Online food ordering is the process of ordering food, for delivery or pickup, from a website or other application. The product can be either ready-to-eat food (e.g., direct from a home-kitchen, restaurant, or a virtual restaurant) or food that has not been specially prepared for direct consumption (e.g., vegetables direct from a farm/garden, fruits, frozen meats. etc).
Q-commerce, also referred to as quick commerce, is a type of e-commerce where emphasis is on quick deliveries, typically in less than an hour. [1] Q-commerce originally started with food delivery and it still represents the largest chunk of the business.
Online food delivery in Africa is an emerging market that has seen a soaring growth in 2020 with new competitive market entries. [36] Online food delivery in Africa is slowly starting to take off, with multiple niche local delivery companies springing up offering a variety of different services ranging from food deliveries to groceries and ...
Online grocery stores may allow facilitating local food which may reduce the environmental impact of food transport. Small-scale farmers have been embracing digital technologies as a way to directly sell produce, and community-supported agriculture and direct-sell delivery systems are on the rise during the coronavirus pandemic. [ 15 ]
A report by management consulting firm IMARC found the country’s online food delivery market is expected to grow by more than 10% to reach nearly $2.4 billion in 2032. One necessity to boost ...