The market size for food delivery software is expected to grow at a CAGR of 24.5% between 2018 and 2023. The market size will reach $10.6 billion by the end of 2023, with the Asia Pacific region accounting for $7 billion, North America accounting for $3 billion and Europe accounting for $1 billion. The global food delivery industry is growing rapidly due to increased consumer spending on premium ingredients such as meat, vegetables and seafood, as well as rising health consciousness among consumers in emerging economies such as China and India.

In the United States, the delivery of food is one of the fastest-growing segments in retail. In 2017, eCommerce sales in this sector were worth $1.3 billion and it is predicted to reach $2.2 billion by 2021.The rise of eCommerce has led to an increase in both grocery deliveries and meal deliveries across health-conscious consumers who are looking for pre-prepared meals that are healthy but also convenient and affordable.

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