Daily Newsletter

29 July 2024

Daily Newsletter

29 July 2024

Online Food Delivery Market Overview

The online food delivery sector has experienced impressive expansion in recent years, driven by the convenience it provides to consumers. Nonetheless, this growth has introduced several challenges, with one of the most notable being the management of a large volume of orders. Per GlobalData, the online food delivery market was valued at $569.1 billion in 2023 and is expected to grow at a CAGR of >4% by 2028.

Online Food Delivery Market Overview

The online food delivery sector has experienced impressive expansion in recent years, driven by the convenience it provides to consumers. Nonetheless, this growth has introduced several challenges, with one of the most notable being the management of a large volume of orders. Per GlobalData, the online food delivery market was valued at $569.1 billion in 2023 and is expected to grow at a CAGR of >4% by 2028.

Online Food Delivery Market Overview

The online food delivery sector has experienced impressive expansion in recent years, driven by the convenience it provides to consumers. Nonetheless, this growth has introduced several challenges, with one of the most notable being the management of a large volume of orders. Per GlobalData, the online food delivery market was valued at $569.1 billion in 2023 and is expected to grow at a CAGR of >4% by 2028.

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