Posts tagged cloud kitchen
Investments Spurring Aggressive Expansion of Food Delivery Companies to Thrust Global Revenues to $200 Billion, Predicts Frost & Sullivan
Investments Spurring Aggressive Expansion of Food Delivery Companies to Thrust Global Revenues to $200 Billion, Predicts Frost & Sullivan

Frost & Sullivan predicts online food delivery industry revenues to rise from $82 billion in 2018 to a staggering $200 billion in 2025. That translates into a combined annual growth rate (CAGR) of 14% as a result of increasing global penetration, strategic mergers and acquisitions, and adoption of new technologies such as artificial intelligence, AR/VR, drones and autonomous vehicles.

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Airrion AndrewsFrost & Sullivan, online food delivery, Automotive OEMs, autonomous aerial and ground delivery, cloud kitchen