Revenue of the Online Food Delivery industry amounts to $94.3 billion (Worldwide) and $19.5 billion (in the US) in 2019.
The On-Demand Food Delivery sector is expected to show a worldwide revenue growth of $134.49 billion by 2023.
With $36.3 billion in 2019, the market’s largest segment is Restaurant-to-Consumer Delivery.
The largest food delivery revenue generator is China with $39.4 billion in 2019.
After reading about the success stories of such huge companies, you don’t need to get overwhelmed. They too started from scratch just the way you would.
Instead of going with developing a food delivery app from scratch it is more advisable to go with an Uber Eats clone solution. The reason is that developing such an app from scratch will put you financially in a hole of around $50,000 to $1,50,000 on the cheaper side. This would be the price of developing a basic app with only the must-have features.