Convenience is King: Food Delivery Apps Poised for Post-Pandemic Success
Did you know food delivery services grew 164% in the last year with 25% more Americans turning to food delivery apps? Read on for a round-up of food and beverage purchasing behavior trends – and predictions for the future:
Nearly 24 million households have increased their use of grocery delivery services in 2020.
A new survey from CVS Pharmacy® reveals that two-thirds of American adults are snacking at home more often.
According to the Online Food Delivery Services Global Market Report, market growth for online food delivery services is forecast to increase from $115.07 billion in 2020 to $126.91 billion in 2021. And, the market is expected to reach $192.16 billion by 2025.
The Bottom Line: Online food delivery services are on the rise and show no signs of slowing amid lifting pandemic-era restrictions. Food and beverage companies would be wise to consider strategies that tap into the surging popularity of e-commerce.
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