food delivery app development company

How much does it cost to start an online food delivery app business?

How much does it cost to start an online food delivery app business?

Introduction The food delivery industry has been growing at a remarkable rate in recent years, fueled by increasing demand for convenience. The need for home delivery services is rising, which has further accelerated the rise of online meal delivery in the US due to the COVID-19 epidemic. Based on a Statista analysis, the US online meal delivery industry is expected to earn $28.5 billion in sales by 2024, with a compound annual growth rate (CAGR) of 8.7% from 2020 to 2024. With such tremendous growth potential, it's no wonder many entrepreneurs are considering launching an online food delivery app development…
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