India Online Food Delivery Market to Grow at 23.1% During 2025-2033, Impelled by Rising Internet Penetration

January 24, 2025 | Transportation and Logistics

The latest report by IMARC Group, titled "India Online Food Delivery Market Report by Platform Type (Mobile Applications, Websites), Business Model (Order Focused, Logistics Based, Full-Service), Payment Method (Online, Cash on Delivery (COD)), and Region 2025-2033," finds that the India online food delivery market size reached USD 45.2 Billion in 2024. Online food delivery includes ordering and delivering food items to customers. It includes ordering food through various food delivery applications and websites on computers or smartphones from various restaurants. These applications also allow the consumer to register and uphold an account to make frequent orders and use suitable payment methods. In addition, they provide various benefits to food service providers such as increased revenue, reduced labor expenses and reduced errors. Owing to these benefits, online food delivery is gaining traction among consumers and food service providers across India.

India Online Food Delivery Market Trends:

The market is primarily driven by the rising internet penetration and surging sales of smartphones across the country. In addition, the growing working population and the inflating disposable incomes of individuals represent another major growth-inducing factor. Online food delivery offers consumers a wide range of food items available on their smartphones that can be quickly delivered to their doorsteps. Besides this, the leading market players are also targeting smaller cities that have strong growth potential as they are less developed markets to expand their consumer base. Moreover, with the sudden outbreak of the coronavirus disease (COVID-19), players like Zomato, Domino's Pizza Inc., and McDonald's Corporation have introduced contactless delivery services to ensure that the food is delivered safely with adequate social distancing measures. This, coupled with the rising trend of on-the-go food items and home delivery models that offer ready-to-eat (RTE) items and cheaper food delivery options, are positively influencing the market growth. Looking forward, the market value is projected to reach USD 320.3 Billion by 2033, expanding at a CAGR of 23.1% during 2025-2033.

Market Summary:

  • Based on the platform type, the market has been bifurcated into mobile applications and websites.
  • On the basis of the business model, the market has been classified into order-focused, logistics-based, and full-service.
  • Based on the payment method, the market has been segregated into online and cash-on-delivery (COD).
  • Region-wise, the market has been divided into North India, West and Central India, South India, and East India.
  • The competitive landscape of the market has been examined in the report, with some of the key players being Zomato, Swiggy, Foodpanda, Bundl Technologies, Fasso's and Domino's, etc.
     

Report Scope:

Report Features Details
Base Year of the Analysis 2024
Historical Period 2019-2024
Forecast Period 2025-2033
Units Billion USD
Segment Coverage Platform Type, Business Model, Payment Method, Region
Region Covered North India, West and Central India, South India, East India
Companies Covered Zomato, Swiggy, Foodpanda, Bundl Technologies, Fasso's and Domino's
Customization Scope 10% Free Customization
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Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


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India Online Food Delivery Market to Grow at 23.1% During 2025-2033, Impelled by Rising Internet Penetration
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