NEWARK, Del, Sept. 17, 2023 (GLOBE NEWSWIRE) — The online food delivery services market size is anticipated to advance, attaining a value of US$ 41.94 billion in 2023. According to a market analysis of online on-demand food delivery services, usage is expected to develop at a CAGR of 10% until 2033. By 2033, the online food delivery services market is projected to reach a value of US$ 101.32 billion at the current pace of growth.
Customers are moving online rapidly, which has led to exponential expansion in the e-commerce sector. These changes in consumer shopping patterns result from various factors, some of which are industry or nation-specific, while others are the result of global trends.
Mobile Internet and 5G Reshape the Online Food Delivery Landscape
Customers now have access to an array of various applications, including online meal delivery services, owing to improved…