On-demand food delivery apps are flourishing thanks to the ever-increasing usage of mobile phones and other internet devices; and on a large scale, it is on-demand food delivery applications that are experiencing significant growth.
Over the last five years, the food delivery sector has grown significantly. Platform-to-consumer services are driving this trend. In this era of Millenials, getting food delivered in the comfort of your own home without having to move a finger was going to be a hit.
Let’s explore the reason behind the surge in the rise of on-demand food delivery app –
Why Consumers are Favoring this Digital On-Demand Food Delivery App
Change is always beneficial. Accepting change and accelerating the technology revolution in comparison to the traditional strategy has a lot of advantages. Customers’ time is being bought and their efforts are being saved. Allow me to take you through a few more steps.
The convenience of Decision – Ordering convenience at your fingertips. For example, you can examine ratings and reviews of a restaurant using Zomato, uber eats, and reward yourself or order from it accordingly.
Convenient Access – Hot meals are delivered to you in 15 minutes or less when you use Postmates. Whenever and wherever you are, satiate your thirst.
Transaction Convenience – Make the switch to digital. Payment convenience. You can pay with cards, wallets, or PayPal accounts in all of the apps.
Offers and Promotions – It turns out that attracting customers’ attention with deals and promotions is far from tough. It benefits both customers and restaurants, as restaurants increase their order volume by tempting clients with special discounts. Customers receive a discount on their order amount as well as rebates when they place an order. Cashback is a good way to encourage customers to place more orders.
Benefit Convenience – Postmates allows you to order food from multiple restaurants and have it delivered to your home right immediately.
Post-Benefit Convenience – Because you are only required to bookmark your address and payment information once, you may re-order the meal in seconds the next time you check-in.
Market Share of Food Delivery Apps
Users have been attracted to download and utilize more online meal delivery applications due to the convenience of dining with just a few clicks on their devices. The rapid growth of the food delivery app sector and Restaurant and Hotel Management system is a sign of how quickly the gap between online and offline is decreasing, and how online demand will soon overtake physical demand in a matter of years.
The online meal delivery market is expected to reach USD 10,196 Mn by the end of this year, as evidence. Furthermore, by 2024, the market share is expected to be worth USD 14,679 Mn, rising at a CAGR of 9.5 percent.
According to USA Today, the online food delivery sector generated $17 billion in revenue in 2018 and $19.472 billion in 2019. According to the same report, the US online meal delivery business is estimated to reach $22.332 billion in 2021, with over 116.1 million customers.
With around 124.4 million customers, the entire online meal delivery business in the United States is estimated to reach $24.461 billion in 2023.
All You Need to Know about On-Demand Food Delivery App!
What is it about these on-demand meal delivery applications that makes them so popular? Customers utilize meal delivery apps for a variety of reasons. Again, this is for your convenience. We’ve all used these applications, even you because they’ve become so popular. Let me back up my claim with some numbers:
- The on-demand food delivery app business produced gross revenue of $82 billion, according to a Frost & Sullivan analysis. But wait, there’s more: the report goes on to say that by 2025, this figure will have doubled.
- What is it about these on-demand meal delivery applications that makes them so popular? Customer demand, to put it simply. One would assume that eating out in a restaurant would be difficult in our fast-paced world when you don’t have much time to maintain a work-life balance.
- According to research, roughly 72 percent of individuals use these meal delivery application to avoid having to go out and wait in line for their order. With the coronavirus pandemic sweeping the globe, demand for such apps is higher than ever.
How to Win the On-demand Food Delivery App Market
- Real time location tracking
Today’s app users want to know where their order is at all times. Make sure your app gives them the ability to track the position of the meal they ordered in real-time.
- Order management
It’s a good idea to talk over the features of your food ordering app with the development team ahead of time. Choosing on-demand food delivery app development allows you to add features to the food ordering app that you want. Hire a Mobile App Developers team to develop this one of the most important functions to incorporate in your app is order management. This feature will allow restaurant owners to manage multiple orders in a systematic manner and verify order history as needed.
- Prefer custom solution
You certainly have the option of purchasing a clone script, but you should start with that. People will be drawn to you if you are offering them something new and different.
- Payments tracking
This useful function will aid restaurateurs in keeping track of their bills. They will be able to monitor payment history and verify any pending payments as needed with the payment tracking tool.Shehnaaz Gill Siddharth Shukla
- Prompt and timely delivery
On-demand economies rely on on-time delivery. Users have reported abandoning the application after receiving a delayed delivery. You can, however, leave a small margin to be on the safe side. Remember that arriving a little early may help you create a bond, but arriving late will irritate them.
- Multiple Payment Options
During the early phases of the on-demand food delivery app development process, you must discuss the various payment methods or gateways that will be integrated with the developers. Customers would be able to make order payments more efficiently if different payment alternatives such as digital wallets, cash on delivery, net banking, and so on are added. Hire a Mobile App Developers team.
How Much Does it Cost to Develop an On-demand Food Delivery App?
After you’ve looked at the components that go into determining the total budget for your food delivery app development, it’s time to categories the pricing depending on the various aspects that go into creating an app.
The development of simple meal delivery apps with rudimentary UX/UI, item listings, and basic functionality can cost up to $10,000. Advanced features like custom UX/UI, tables support, payment gateway integration, social media integration, navigation, push alerts, and so on might cost anywhere from $10,000 to $25,000.
The Cost to develop a food delivery app with advanced features like audio/video processing, real-time tracking, unique visuals, third-party API interfaces, a server with several databases, and more can cost upwards of $25,000. You may need to hire team members who are essential to the development process, depending on your budget and functionality. You can take things a step further with the team, such as-
- UI/UX designer
- 3-4 Developers
- Quality Assurance Engineer
- Backend Developer
- Team Manager/Project Manager
- Admin panel developer
Customers will profit from your unique app. On-demand meal delivery applications are all the rage, and yours will stand out. If you’ve been thinking about investing in on-demand mobile app development, now is the moment. You have the ability to transform your concept into a profitable business.
You should engage a reliable vendor for on-demand food delivery app development and get your app constructed as soon as possible if you want to create an on-demand food delivery app. Bring your idea to ThinkStart Private Limited a leading and most prominent Flutter app development company in California.
and we’ll make it a reality.