The industry's authenticated report outlines a robust growth trajectory for online food delivery, forecasting an APUR of $41.51m in 2022 and a user surge to 497.7m, with a CAGR increase of 24% by 2025. The phenomenon of smaller cities witnessing significant growth becomes a defining trend, constituting a noteworthy segment of the industry's success. Necessity, Digiwheel's food delivery arm, strategically aligns with top-tier city restaurants, aiming to become a sought-after brand. Operational from January 2023, Necessity introduces an innovative employment model, addressing the livelihood of 230,000 youth by January 2024, revolutionizing traditional delivery methods.
The online food delivery industry anticipates substantial growth with an APUR of $41.51m in 2022 and a user base surge to 497.7m, driven by a 24% CAGR increase by 2025. Necessity, Digiwheel's food delivery vertical, operational from January 2023, pioneers a unique employment approach, ensuring the livelihood of 230,000 youth by January 2024.