Hunger Games: Who’s Winning the Food Delivery War?
Market analysis of Grubhub, DoorDash, Uber Eats, Amazon Prime Now, Walmart Grocery, Acme and other global players. Due to COVID, the stay at home economy has been growing as people shift to on-demand grocery and home restaurant delivery, statistics bear this out: Revenue from the online food delivery industry is projected to reach US$26 billion.Revenue is projected to grow at an annual rate of 5.1%, reaching $32 billion by 2024. Market volume in the market’s largest segment, restaurant-to-consumer delivery, is projected to reach $156 billion in 2020. The global food delivery market is expected to hit the $154 billion mark in 2023.Globally, most revenue in this sector will be generated in China ($51 billion in 2020). COVID Effect: Online Grocery Shopping Increased … Continue readingHunger Games: Who’s Winning the Food Delivery War?