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Experts project the high-end catering market to grow at an impressive CAGR of 25%-30% over the next five years.
Introducing Food Rescue! Canceled orders will now pop up for nearby customers, who can grab them at an unbeatable price, in their original untampered…
And, the idea of omni-channel shopping emerged, where each digital touchpoint functions as a stand-alone business.
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According to reports, the online food delivery market in India is expected to reach US$43.78 billion in revenue by 2024, with a compound annual…
Dinner and late-night hours emerged as the most popular times for indulging in burgers, accounting for over 19.5 million orders.
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The customer must be provided with a wide variety on the menu, but many of the food delivery business fails to offer it.
For an existing restaurant chain moving towards cloud kitchen is considerably an easy shift as they already understand the challenges one faces while scaling store front.
A few large hotel chains and some restaurant chains have already started experimenting with this.
Going forward people will also look at separate window for delivery and takeaway.
SKC is focusing on reviving the F&B industry and protecting employment post the coronavirus lockdown in India.
The report also mentioned that the reach of food tech aggregators has grown six times from 2017 to 2019.
Covid-19: Dark-Kitchen Business will be the next Big Trend Globally Predicts Investors, Food Players
Therefore it is important for restaurants and prospective food players to build business models that are a mix of physical restaurant with a dine in brand, complemented by multiple delivery brands and delivery only kitchens.
Food-tech players will use these funds to further expand their new businesses and continue to invest in grocery delivery, concierge services.
Seeing the outbreak all top brands in the city and even across the country have announced delivery and takeaway as an option during this distress time.
They also announced that the consumer will now have the option of choosing to ask the delivery partner to leave the food at their doorstep.
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