The slow growth in 2020 is mainly due to the economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. “The global online food delivery services market is expected to grow from $107.44 billion in 2019 and to $111.32 billion in 2020 at a growth rate of 3.61%. Research and Markets, the world’s largest market research store that even companies like Microsoft and Ikea rely on, recently published a report titled, “Online Food Delivery Services Global Market Report 2020-30: COVID-19 Growth and Change”. One wonders, “Why to go through all the trouble when I can just order in with a zero-contact food delivery provider?”Īnd so, restaurant aggregators and food delivery apps like Deliveroo are taking off. More than 6 months after it all started, restaurants are only slowly opening up in selected cities with stringent social distancing. While ordering online for food delivery was once more popular amongst lazy students, hungry introverts, or tired office-goers at the end of the day, now it is more the law. But the approach to food delivery has certainly changed since the COVID-19 pandemic hit. Or treating yourself to pizza on long, exhausting workdays. Some days, nothing can beat a crime show marathon coupled with some Chinese delivery. Whether you own a restaurant and are looking to build your own restaurant app or are looking to invest and build an app like Deliveroo, we can tell you one thing: the timing couldn’t be better!
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