The food delivery service apps made $8.6 bn in 2015 while in 2020 it made $26.5bn. The business of food was always a very profitable one. If one can provide with good tasty food. He would always find buyers. However, with the advent of internet and access to it 24 by 7 a lot of things have changed. With people’s lives being busier that it ever was, the food business has changed for good. Associated with good food, food delivery business has ensured that this food reaches to those places that it couldn’t before.
Food delivery Service – Overview.
The food delivery service business is here to stay. Not only has it shown a phenomenal rise in the last few years, it has a great promise for the future. Today we see a lot of eateries that get into the food business just relying on the food delivery service apps. They do not have a place to serve food, no restaurant, no furniture but just a kitchen. A well-equipped kitchen making good food for the person who has no time to eat out and yet have the best food. The beauty of these apps is that one can have food delivered to any part of the country and sometimes even the world. Here are some apps that have done extremely well.
What started in the year 2008 as “Foodiebay” is known as Zomato today. They started with food delivery at a place called New Delhi and soon became extremely successful. They then started spreading to other Indian cities and also started moving out globally to other countries and territories. Zomato finally took over the food delivery service business of Uber for $400 and today they operate in 25 countries all over the world.
Uber eats enjoys the benefits of being a big brand. Their app though is not the most user friendly but that doesn’t stop Uber Eats from being one of the most preferred apps. They operate in over 1000 cities across the world. This clearly indicates that more and more restaurants are ready and eager to work with them for their services. Their app has certain features like Group order (where friends and colleagues can split the cost) and Schedule Later orders where the food can be schedule to be delivered at a later date.
Yet another very popular food deliver service app is Food Panda. One may not know but their popularity has taken them to 41 countries all over the world. And they partner with over 40,000 restaurants to ensure food delivery on time. They are well known for the offers and discount offers that they run.
One of the oldest food delivery service apps, launched in the year 2004. Grubhub being early in this business, they had the opportunity to explore more and bag a wide range of partnerships. They currently partner with over 30,000 restaurants in over 800 US cities. They operate in the United states as well as Some European countries.
The most popular food deliver service app in Europe is Deliveroo. It is a London based food delivery start up company. Their food suppliers are restaurants and also businesses that do not own a restaurant set up and just has good food to deliver. Hence, it is able to provide a wider variety of food as it also works with these non-traditional kitchens preparing good food.
For more on food delivery services please visit Global Edible.