According to TechSci Research
report, “India Online Food Ordering and Delivery MarketBy Operation Type, By Source, By Payment, Competition,
Forecast & Opportunities, 2024”, India online food ordering
and delivery market is predicted to grow at a CAGR of over 7% on the back of
rising disposable income, increasing penetration of internet and usage of
smartphones. Moreover, restaurants and cafes are showing inclination towards
online sale of their food itemsas it significantly reduces operational
overheads.
Browse xx market data Tables and xx Figures spread through xx Pages and an in-depth
TOC on
"Global India Online Food Ordering and
Delivery Market"
In
terms of payment, India online food ordering and delivery market is categorized
into mobile wallet, card payment, cash on delivery and net banking. Among these
payment modes, cash on delivery dominated India online food ordering and
delivery market in 2018. The growth of cash on delivery payment category can be
attributed to the fact that people, in India, while making online payments, are
skeptical of the process and mechanism they have to go through while making a
payment online. However, with increasing security features being provided by various
banks while making online transactions is gaining customer’s trust which is
anticipated to increase the market share of other payment methods. The card
payment category is predicted to grow at a decent pace during forecast period
owing to increasing preference towards using plastic money, after the
government’s announcement of incentives on the use of debit/credit cards in the
country wherein, service charges and surcharge will not be applicable while
making payment through debit/credit cards. Moreover, reward points and grace
period are other factors encouraging the use of card payment in India.
Regionally, India online food ordering and delivery
market is categorized into North, South, East and West. Among the regions, the
southern part of the country accounted for a significant portion of the Indian
market in 2018. The growth of the southern region is due to the presence of
large number of students and working professionals from other regions of the
country.
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“India online food ordering and delivery market is
expected to offer tremendous potential for growth over the course of next five
years. The growth of the market is majorly due to the discounts, cashbacks,
coupons and deals that a user can avail while ordering food online. Moreover,
growing investments in online food ordering and delivery market is further positively
influencing the growth of the market.” saidMr. Karan Chechi, Research Director
with TechSci Research, a research based global management consulting firm.
According to TechSci
Research“India
Online Food Ordering and Delivery Market By Operation Type, By Source, By
Payment, Competition, Forecast & Opportunities, 2024”,has evaluated the future
growth potential of India online food ordering and deliverymarket and provides
statistics and information on market size, structure and future market growth.
The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges and opportunities in India online food ordering and delivery market.
About TechSci
Research
TechSci
Research is a leading global market research firm publishing premium market
research reports. Serving 700 global clients with more than 600 premium market
research studies, TechSci Research is serving clients across 11 different
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