Food Delivery Market in India to grow at a CAGR of 28.13% by 2026| Evolving Opportunities with Bundl Technologies Pvt. Ltd. & Dominos Pizza Inc.|17000+ Technavio Reports

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Dec 08, 2021, 20:30 ET

NEW YORK, Dec. 8, 2021 /PRNewswire/ -- The food delivery market in India is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market. The food delivery market report in India offers information on several market vendors, including Bundl Technologies Pvt. Ltd., Diverse Retails Pvt. Ltd., Dominos Pizza Inc., Dunzo Digital Pvt. Ltd., McDonald Corp., Ola Foods, Pizza Hut, Poncho Hospitality Pvt. Ltd., Rebel Foods Pvt. Ltd., and Zomato Media Pvt. Ltd. among others. The food delivery market in India size is expected to increase by USD 716.53 million from 2021 to 2026, registering a CAGR of  28.13%, according to the latest research report from Technavio.

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The food delivery market in India report covers insights on major trends, key growth drivers, and challenges impacting the overall growth of the market. The report identifies increasing partnerships between restaurants and food delivery service providers in India as one of the major factors driving the growth of the market. However,  factors such as the growing threat from direct delivery services may impede the market growth.

The food delivery market in India covers the following areas:

The food delivery market share growth in India by the online segment will be significant for revenue generation. With a large number of young people living across various cities, food delivery apps in India have become instantly popular among these users. The change in shopping preferences propels the sales of food deliveries through the online channel, contributing to the market growth.

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Meal Kit Delivery Services Market -The meal kit delivery services market share is expected to increase by USD 11.12 billion from 2021 to 2025, and the market's growth momentum will accelerate at a CAGR of 11.25%. Download a free sample now!

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Food Delivery Market In India Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 28.13%

Market growth 2022-2026

USD 716.53 million

Market structure

Fragmented

YoY growth (%)

25.60

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Bundl Technologies Pvt. Ltd., Diverse Retails Pvt. Ltd., Dominos Pizza Inc., Dunzo Digital Pvt. Ltd., McDonald Corp., Ola Foods, Pizza Hut, Poncho Hospitality Pvt. Ltd., Rebel Foods Pvt. Ltd., and Zomato Media Pvt. Ltd.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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