Plenty of Dough in Online Food Delivery
By Niall McCarthy
Revenues from online food ordering and deliveries expected to rise
Back in the day, when you came home from a long day at work to an empty fridge, your options were limited. Sure, you could order a Pizza (again) but there was hardly a way to satisfy your cravings for more exotic food options.
These days, it's hard to think of a meal that you couldn't order online and have delivered to your doorstep within the hour, that is if you live in an urban area.
As the following chart based on data from Statista's Digital Market Outlook shows, online food delivery is already a billion-dollar market and one that is poised for rapid growth over the next few years. Our analysts expect the U.S. market to grow to nearly $40 billion in annual revenue by 2021, up from $13 billion this year.
The infographic chart above provides a forecast of online food delivery revenues in selected markets.
Business: "Plenty of Dough in Online Food Delivery"