Deeper maturation of digital infrastructure and changing lifestyle dynamics globally are primarily driving the expansion of the home delivery/takeaway market. An expanding urban population characterized by busy life schedules has ignited an increasing demand for convenience in dining, catalyzing growth in this segment. Furthermore, technological advancements facilitating easier online ordering...
Discover more insightsThe surge in digital food delivery services can primarily be attributed to increased internet penetration and smartphone usage. Additionally, the changing demographic dynamics, characterized by a growing urban, youthful workforce population with an appetite for convenience, has propelled businesses to adjust their services to align with customer preferences. Halting benefits...
Discover more insightsThe market for mobile-based food delivery platforms is characterized by fierce competition, with key players investing heavily in marketing and innovative technology to gain market share. Market dynamism revolves around aspects like user-friendly design, promos, rewards, and partnerships with restaurants. Demographic change and urbanization, together with digital transformation, shape the...
Discover more insightsThe online food delivery segment is witnessing robust expansion, fuelled by evolving consumer behaviors. One significant trend is the rising preference for healthy and gourmet meals. Consumers, increasingly health-conscious and with a growing appetite for diverse culinary experiences, are driving demand for specialized offerings. The market is also observing a...
Discover more insightsUrban settings worldwide have been witnessing the increased prevalence of food trucks, an integral part of the fast-food industry, hence, dictating notable growth in the global market. Highly influenced by consumer trends, preference for fast, affordable, and gourmet food has proliferated the industry's rising trajectory. Additionally, the digitization trend, with...
Discover more insightsThe convenience of shopping for groceries through digital platforms is a strong catalyst in the growing shift towards e-groceries. The most distinct trends observed include increasing preferences for home delivery and curbside pickup services. The digitalisation of loyalty programmes and personalised shopping experiences based on customer's buying patterns have also...
Discover more insightsSeveral factors are presently shaping the dynamics in the digital marketplace for groceries. Prominently, customer demands have evolved significantly, with an increased expectation for flexibility and convenience. In response, there's been adjunct growth in platforms that offer online shopping and home delivery or pickup services. Importantly, technological advancements have further...
Discover more insightsThe digital marketplace has inevitably expanded into the grocery sector, monopolizing consumer conveniences and cost-effectiveness. With a predominant shift towards online trading, the arena of business-to-business practices is witnessing transformative dynamics. Virtual interactions, alliances, and partnerships are swiftly replacing traditional channels, leveraging more efficient and cost-effective transactions, order management systems,...
Discover more insightsThe advancing technological ecosystem is driving the prevalence of online platform-based marketplaces to facilitate B2B transactions in the food industry. Such platforms, incorporating businesses in food production, processing, distribution, and retail, have amplified reach, convenience, and operational efficiency. The surge in this trend is fuelled by factors such as digitalization,...
Discover more insightsThe advent of Covid-19 has introduced disruptive changes in the B2B Food Marketplace Platforms. The pandemic thrust the marketplace into uncharted waters, triggering increased online purchases from hospitality businesses and food service providers. The lockdown measures and the closure of restaurants further propelled this shift as social distancing became the...
Discover more insightsThe transformation of the food industry has been marked by an increased preference for convenience food, particularly among urban consumers. Meal kit delivery services are gaining momentum, mainly motivated by the time-savings, the variety of gourmet options available, and the possibility of cooking fresh meals without shopping and meal planning....
Discover more insights