On-Demand Food Delivery App Development Solution

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On-demand food delivery apps are evolving with the needs of consumers. Convenience is the main reason for the customers to order food online. People want to have a food choice right on their smartphone screens.

Tech-savvy caterers, food enthusiasts and logistics experts who want to make the perfect recipe for a successful on-demand food delivery business can be benefited by our reliable IT infrastructure and solutions.

Market analysis

Global trends:

  • According to a report in Statista, the revenue in the Online food delivery segment amounts to the US $94,385 million in 2019.
  • The global revenue from on-demand food delivery industry is expected to reach $134,490 million by 2023.
  • The largest segment of the market is Kitchen-to-Consumer delivery with a volume of $58,008 million in 2019.
  • Compared to every other country, most revenue of the food delivery sector is generated in China $39, 369 million in the year 2019.

Here is a image showing the top 10 most valued food delivery companies:

Following image shows how much top food delivery companies have raised in their VC round.

And lastly, let’s check out what is their price per share.

Scope and growth of food delivery apps

The UK

In Britain, takeaways have been a popular form of dining. It is considered as a leisure occasion when people order a pizza or Chinese food or anything else from a takeaway outlet. However, with the emergence of online orders, the market is experiencing a new trend. The delivery food market was estimated to be 6.2 billion pounds in the year 2017.

Just Eat has processed over 100 million orders in the year 2017 in the UK and in 2019, it ranks second in the top charts after Uber Eats.

https://www.similarweb.com/apps/top/google/store-rank/gb/food-and-drink/top-free

The US

In the US, DoorDash, Postmates, UberEats, and GrubHub are the most popular apps in the food and drink category. The top ranking apps as per Similarweb’s report are as follows:

https://www.similarweb.com/apps/top/apple/store-rank/us/food-and-drink/top-free/iphone

India

Zomato and Swiggy are top ranking apps in India which have expanded their branches all around the world. These apps are must to consider while you build your own food delivery app. The top charts of apps in India as per Similarweb’s report are as follows:

https://www.similarweb.com/apps/top/apple/store-rank/in/food-and-drink/top-free/iphone

The business model of Just Eat for your reference

Just Eat has a multi-sided business model. There are two interdependent customer segments that are both needed for the operations.

  • The customers : People who will be availing the food delivery service from the local restaurants.
  • Restaurants : The local food service venues that offer food delivery and wish to increase their customers via innovative methods.

Value Concept

Just Eat has three main things to offer its customers: convenience, performance, and customization.

Another important thing that Just Eat offers its customers is risk-free transactions. It offers a money-back guarantee if the restaurants do not recoup their sign-up fee on order.

Scope of on-demand delivery apps like Postmates

As per the report in Techcrunch, Postmates has reached 70% of the US household and it claims to complete 5 million deliveries per month. The company has planned to use drones to deliver food by the year 2021.

DoorDash is a competitor of the Postmates app and ranks first in the food and drinks category in the US. The company is growing at cutthroat speed of 325 % year after year.

This shows there is a huge scope for the startups and the old delivery companies as well to upgrade their technologies.

Two models to consider while building your own Food Delivery App

If you plan to have your own on-demand food delivery startup, here are two major solutions that you can offer.

1. Aggregator Model:

This type of application is a platform to manage the restaurants and the customers that are in a similar vicinity. The customer can use the app to browse through the available cuisines and restaurants.

2. Food Delivery With Logistics:

This is the second type of solution that you can offer to your customers. This is the category in which Uber Eats and other apps similar to it fall into. This is the most profitable business model for small-scale restaurants and food joints, which gain visibility and are more accessible for the customers.

Features of On-demand Food Delivery app

Customer module:

Restaurant module :

Food delivery app Development Cost

We, at Coruscate, have developed a platform named Vahak which avails us to develop on-demand food delivery app within 45-55 business days and under $10000, whereas a high-end food delivery app may cost you more than $20,000. Our teams of designers and developers are highly trained and deliver the next-gen mobile app which satisfies your all financial goals. We also assist you to craft a profitable business model. So, feel free to ask for a demo and a free consultation.

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