Food Delivery Business to Reach THB33-35 Billion in 2019
Food delivery applications are an example of ‘digital disruption’, in which digital technology transforms not only consumer behavior but also restaurants’ food supply chains.
KResearch estimates that the food delivery business in 2019 will amount to THB33-35 billion, up 14 percent from the previous year, and account for 8 percent of Thailand’s total restaurant business value in 2019.
Additionally, food ordering apps have propelled the food delivery business to enjoy an annual growth rate of over 10 percent from 2014-2018, higher than the expansion rate of the restaurant business in the same time, at only 3-4 percent per year.
The popularity of the food delivery business is reflected in the results of a survey conducted by KResearch.
Please read the continuation of “Food Delivery Business to Reach THB33-35 Billion in 2019” on the Thailand Business News website.