How to overcome business barriers and increase your income?
Are these issues familiar to you?
You've reached your volume limit and don’t see any growth opportunities?
You are tired of global economic uncertainty and want extra income?
You want to diversify and back up your business to feel more stable in these uncertain times?
You feel an entrepreneurial spirit and see opportunities around you, but don’t know what
to choose?
This is a great niche to enter for:
Taxi businesses
Expand ongoing business
Increase drivers' workload in your taxi business
A stable business for extra income
Use your current audience for the delivery business, cross-over audience between businesses and boost orders in both op projects
Restaurants and cafes
Increase sales using current kitchen volumes
Catch the new consumption moments (breakfast, lunch menu, etc.)
Grow loyal customers
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Retail chains of any size
Utilize the current storage capacity to increase sales
Discover new consumption moments (quick delivery of small baskets, subscriptions for food delivery, delivery at a specific time)
Increase customer loyalty
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Willing entrepreneurs
Stable business with quick income results
Flexible business: you can start small and grew gradually
Scalable business: easy and understandable ways of expansion
Low start-up costs
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This is a great niche to enter for:
Restaurants and cafes
Increase sales using current kitchen volumes
Catch the new consumption moments (breakfast, lunch menu, etc.)
Grow loyal customers
Retail chains of any size
Utilize the current storage capacity to increase sales
Discover new consumption moments (quick delivery of small baskets, subscriptions for food delivery, delivery at a specific time)
Increase customer loyalty
Willing entrepreneurs
Stable business with quick income results
Flexible business: you can start small and grew gradually
Scalable business: easy and understandable ways of expansion
Low start-up costs
Market formation
The food delivery market history overview
The first meal was delivered in 1994. Since then, online meal delivery has become a billion-dollar industry. Certainly, there was time for the market to develop and leaders to emerge.
With attractive restaurant commissions and effective infrastructure solutions, Delivery Hero and Takeaway have spread globally. Such services as Deliveroo or Uber Eats have decided to stand out from the competitors by taking on all delivery logistics problems – an effective, but quite an expensive business model.
Does this mean that the market is full?
Is it too late to join the game?
Definitely not!
Why is the grocery delivery market so prospective?
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2019 lockdowns changed customers' behaviour and created amazing market opportunities for intense growth for many companies who started online grocery delivery.
Huge splash in 2019, equal growth in 2021, a little slow down in 2022 due to all the uncertainties of global problems. But grocery delivery became the new black: it is a common service, which provides comfort in purchasing everyday needs, speed in delivering them to the doorstep, a bunch of free time for customers and a stable business and regular income for entrepreneurs.
Why are meal and grocery delivery very promising business niches?
Revenue growth rate 2023-2027:
Meal delivery
Growth rate in 5 years
6.7%
Grocery delivery
Growth rate in 5 years
15.4%
Average Annual Revenue per user:
Meal delivery
Growth rate by 2027
+3%
Grocery delivery
Growth rate by 2027
+24%
The number of users by 2027:
Meal delivery
The number of users by 2027
2.64 billions
Growth rate per 5 years
+26%
Grocery delivery
The number of users by 2027
1.59 billions
Growth rate per 5 years
+39%
All charts are built using worldwide data reports. Do you want to know your country's market statistics? We are ready to provide you with a free market research report from Playfood.
Andrei Balahanski
CEO, Playfood
Market research is a key element to a successful business launch!
There is always room for innovation in the delivery business. From improving delivery times and distances to using new technology to track and optimize routes. There are so many opportunities to differentiate your business from competitors. And market research is a key element to a successful business launch. It can help you identify additional growth opportunities and avoid common pitfalls by giving you crucial information about your customers. So that you can make strategic plans and decisions. It takes time, money and a lot of effort.
But we are ready to take it on and prepare market research for you! Free of charge, of course.
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Igor Tkachenko
CPO, Playfood
With the right strategy and execution, a food delivery business can be very profitable
As you grow your customer base and increase your delivery volume, your profit margins can improve significantly. However, before making any investment decisions, you should also conduct thorough research and analysis of your business unit-economy.
We can help you with this as well. Here is a link to our shared and very helpful material. But if you are ready to dive deeper – we can share our calculator for food delivery-business unit-economy.
Do you want to be the first in the food delivery business?
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