Gone are the days when people used to drive miles just to eat the meal in their favourite restaurant. With the advent of the online food ordering system, everything has changed today. You no more have to waste your time and petrol to eat the food you like the most. All you need to do is take out your mobile phone and place the order from the comfort of your couch
Online food ordering is surely a blessing to mankind. Be it home, office or anywhere, you no longer have to keep your hunger pangs on hold. You can choose what to eat from the list of the best restaurants near you. And, with the use of popular coupon companies, you can also save more on top food ordering apps like Swiggy and get upto 25% off with exciting Swiggy deals and coupons.
Now that you already know about the advantages online food delivery offers, let us understand its future.
What is the future of online food delivery?
Before jumping to the future of the food delivery sector, let us first know a bit about its history.
History of online food delivery business:
Online food delivery was started in the late 2000s by major pizza chains. With the growth of smartphones and usage of the internet, many pizza companies created their own apps using which people started ordering pizza at homes. Even before the system of online food delivery came into picture, people used to order food via phone. The first pizza delivery via phone was way back in 1889. Thanks to the advent of the internet, it revolutionised the whole concept of online food ordering and made our work as easy as abc.
Future of online food ordering:
This is no surprise that the online food delivery market is estimated to reach $200 billion by the year 2025. Although the coronavirus pandemic has left a huge impact on the industry, it has swiftly picked up the pace and started to grow. The year 2021 is known to be the year of recovery and growth. Businesses impacted by the pandemic will witness a drastic boost during this year. People got used to the new normal and are leading a normal life with all the precautionary measures in place. From shopping to traveling to ordering food, everything is now back on track!
Let’s face it! The concept of online food ordering is not at all new. From ordering via telephone to ordering via online app, it has just changed the source, making it more easy and reliable. This system has made it easy for people to choose from dozens of restaurants and eateries and get the order delivered right at their doorsteps.
In 2018, Frost & Sullivan projected the industry’s gross revenue bookings at $82 billion and is expected to reach more than double by 2025. Considering this figure in mind, the future of online food ordering businesses is surely safe, sound and secured. Not just this, the market has numerous food ordering companies in the world and the competition is neck to neck. The platforms come up with innovative ideas and deals to survive in the market. Below is the list of some of the top food ordering platforms across the world.
Now let us understand the factors that are making the future of online food delivery so bright!
- Eco-Friendly packaging:
All the restaurants these days have switched to eco-friendly packaging. If you order anything online, you are sure to get your food delivered in an eco-friendly way.
2.Digital payment modes:
No more worry about cash-in-hand when you have decided to order food online. Online food ordering paves the way for online payment which is much more convenient and easy these days.
3.Minimal contact
The pandemic has surely left an adverse impact on the mind of people. Online food ordering ensures your safety by adopting contactless delivery. All you need to do is place the order with the ease of your fingertips and receive it with minimal contact.
4.Saves time
We just can’t ignore the most important advantage of online food ordering which is none other than ‘time’. It will help you save a lot of time in traveling, waiting in long queues for food and much more. You can now order your favorite food and enjoy it without wasting your precious time.
Top food ordering platforms:
- Uber Eats:
The American food giant, Uber Eats was launched by the renowned ride-hailing company Uber in the year 2014. It witnessed a revenue of 251 crores USD in 2019, becoming the most valued food ordering company of the world.
- DoorDash
Another American food ordering app which has taken over the industry is none other than DoorDash. It saw a total revenue of 190 crore USD in November 2020, taking over Uber Eats in terms of revenue for the year 2020.
- Swiggy
Coming to the Indian market, Swiggy is the undisputed ruler. Launched in 2014, it currently operates in 100 cities and is also the highest-valued food ordering company in the country. Not only this, the company also operates in 24 other countries and is profitable everywhere.
- GrubHub
One of the oldest food ordering platforms, GrubHub is also the one of the most popular ones today. Based out of Chicago, it is best known for its exceptional and user-friendly service.
Conclusion:
Who doesn’t love to order food online? I am sure you do!! Online food ordering is no less than a stress-buster. Browsing through the list of mouth-watering eateries and dishes, one is sure to reach the highest peak of satisfaction. This very feeling of ordering food online is what makes the industry what it is! With people falling in love with the concept and enjoying every bit of it, the market surely has a golden future!
