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Is Developing a Food Application a Good Idea?

Delivery

Mobile

Every single person goes through this phase of life where they think about, what they are going to make, what are they going to cook, what should they drink and above all how to do it? Well, with the day to day changing digital scenario now every problem has a mobile app solution to it, you can look up for the app in the play store or app store, and you can download it instantly. People can order their favorite dish from their house or workplace or anywhere and get it delivered.

Cost To Develop A Food Delivery App 1. How Is The Food Delivering Industry Making It Large? Let’s go through some statistics, trends, and it’s market share to see the evolution of the food delivering industry with the help of technology. The pace at which technical advancement is bridging the gap between offline and online ordering is evidence of the growth of the online food-delivery industry. However, online ordering will surpass the physical visits to the restaurants soon.


There will be a 79% growth in the online food-delivery market as estimated by an investment firm, Cowen.

The graph above shows how much revenue will be in the online on-demand food delivery market until the year 2023 comes. some stats to be more precise about the growth.

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By 2020, the online food delivery industry is expected to grow to $55 billion. By the end of 2019, the online payments made on food ordering apps will reach $210 billion. Online ordering has helped both big and small restaurants to increase their business by 25%. Let’s stop dwelling into what’s obvious, and dig deeper into the concept of developing a food delivery app.

2. Who Are The Top Aggregators In The Food Delivery Market? Given the pace of life, people living in urban areas don’t find time to cook meals at home. As a consequence, they look for options, and that is where food delivery apps make their way into their customer’s life. These apps allow customers to order food from any time and anywhere. All thanks to the on-demand food delivery apps, all that the customer needs to do is, download the best food delivery application, choose their favorite dish, place the order and pay online.


Let’s see which are the top food delivery applications that have been dominating the food delivery industry.  Uber Eats  Swiggy  Zomato  GrubHub  Domino’s Pizza  Just Eat

3. What is the Business Model Of Food Delivering Apps Like Zomato, Uber Eats, and Swiggy? The apps like Swiggy, UberEats, Zomato, Eat, Eat24 have a similar business model for app sustainability. All these apps play two significant roles; they work as both restaurant finder and as a food delivery application. This concept is a digital approach to the traditional food delivery model; the app serves as a platform that offers access to various restaurants. The app also maintains its logistic network (delivery partners). While UberEats is an independent application which comes with a diversified version of Uber rides.

4. How Does The Eco-system Of Food Ordering Application Work?


The eco-system works in three steps: Step 1: Customers order food from the restaurant via the mobile app. Step 2: Restaurant prepares and hands over the food to the delivery partner (delivery agent). Step 3: Delivery agent delivers the food to the customer at the provided address.

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Is developing a food delivery mobile application a good idea?  

But if you are an entrepreneur and looking forward to creating a good revenue generating business, then you should consider developing an on...

Is developing a food delivery mobile application a good idea?  

But if you are an entrepreneur and looking forward to creating a good revenue generating business, then you should consider developing an on...

Profile for esparkbiz
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