"Growth in Food Delivery Sector"
Because of this pandemic, we have seen a surge in demand for home food deliveries because numerous people are staying inside their house and practising social distancing.
All around the globe, delivery services like mercato.com is experiencing a massive increment in grocery deliveries, and it leads them to implement safety measures such as no contact delivery to protect their customers and delivery persons.
By applying safety measures such as no contact delivery, these online food delivery businesses have created an opportunity for robots manufacturing companies to put this idea into reality.
In 2020, the food delivery sector is anticipated to extend from $107.44 billion (in 2019) to $111.32. Owing to the coronavirus outbreak and the measures to contain it,the global economy has faced a slowdown and negative growth rate in 2020. While in 2023, the market is expected to grow and outstretch up to $154.34 billion at CAGR of 11.51%.
The continued development of food and delivery sector means the companies are offering improved delivery services on the part of the customers. Therefore, the customer can place an order for whatever food they like and get it delivered at their desired location.
From a business point of view, growth means increased competition. And to survive in this competion, market food delivery business and restaurants must come with more creative ideas related to the choice of services what they offer their customers.