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The online food delivery market is starting to reach a new peak, and it’s promised to get even better. According to Statista, this year the online food delivery market is estimated to be worth $107,438m. The annual growth rate is optimistic as well — the field is expanding by 9.9%. By 2023, experts estimate online food delivery to amount to $156,819m.

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The food delivery market is at its peak right now, with a total market value of $83 million. By 2025, the industry is expected to reach a growth rate of 3.5%.

The standard delivery model is still the most common one on the market — a consumer orders a meal, the restaurant dispatches a delivery manager who will deliver the order to the doorstep. Despite the boom of digital technologies, phone orders are still the most common, making up 3/4 of all ordered meals, according to McKinsey. Toasts are commonly used to notify users for:

• Incoming messages. This is particularly prevalent in messaging apps, where a brief notification informs users about a new message without disrupting their current activity.
• Singular status updates. They inform users about the completion of an action or a change in the application's state. Toast notifications are intended to confirm concisely that an action has started (status: good) or concluded, accompanied by the relevant status icon (good, warning, critical).
• Success. Indicates successful completion or execution of an action.

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In the next 5-7 years, the modern market is likely to see a yet higher penetration of delivery models — single- and multi-fleet, in-house and crowdsourced delivery, from-store deliveries, curbside pickups, and many others.

As the demand for delivery services of all calibers grow, the competition on the market becomes much more fierce. Business managers have to work on new ways to differentiate from competitors and appeal to customers.

Adjusting your delivery management strategy with these seven trends in mind is a way to stay one step ahead of other companies in the sector.

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Collaborating with third-party flees helps restaurant managers expand the range of reachable locations. By hiring a delivery team, a food company manager doesn’t have to build an in-house department and can focus on marketing and increasing the quality of on-site meals.

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As onboarding a third-party vendor deprives restaurant managers of a chunk of control, food company owners use delivery management software to oversee the process remotely. Recently, food delivery service providers have come to fully understand the importance of data for successful planning and preventing delivery-related risks.

In March 2019, McDonald’s acquired a big data company for $300 million. The potential benefits the fast-food giant is hoping to reach include queue management, predicting customer food tastes and buying habits, and increasing the efficiency of deliveries.

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Scaling delivery operations is most challenging for grocery businesses, as they are the laggards of the alimentary industry in terms of automation and digital transformation. Brick-and-mortar stores found a way to expand the delivery range by cooperating with supermarkets and using them as fulfillment centers.

Online grocery delivery is growing as well, although slowly. On-demand grocery delivery will offer customers more control and transparency, and increase the convenience of daily shopping.

The most popular online grocery delivery projects are AmazonFresh and Walmart Grocery.