The global digital food delivery market size is expected to reach USD 369.97 Billion in 2030 and register a revenue CAGR of 13.2% during the forecast period, according to the latest report. Increasing preference for on-demand food services and the technological advancements in the hospitality & tourism sector are some of the key factors driving market growth.

Digital food delivery platforms have gained immense popularity among consumers in recent years, as they offer a convenient and hassle-free way to order food from restaurants and fast food chains. These platforms also provide an efficient delivery system that ensures timely delivery of food orders. Moreover, these platforms allow users to track their order status in real-time, which further adds to the convenience factor.

Technology is playing a pivotal role in the restaurant industry and is blurring the lines between restaurants and other businesses, as customers can now order their favorite foods from any number of establishments without ever leaving their homes. As a result, a new delivery system business model has emerged in the foodservice industry, with companies like GrubHub, Foodler, and Seamless leading the charge. This new model is based on convenience and ease of use, and it is quickly gaining popularity with consumers.

Source:  Business Wire