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In the bustling world of food delivery services, Zomato and Swiggy have carved out dominant positions in the Indian market. A comprehensive study conducted by Expert Market Research, which surveyed over 50,000 respondents across India’s top 25 cities, reveals fascinating insights into consumer preferences and behaviors in this rapidly growing industry.
In the bustling world of food delivery services, Zomato and Swiggy have carved out dominant positions in the Indian market. A comprehensive study conducted by Expert Market Research, which surveyed over 50,000 respondents across India’s top 25 cities, reveals fascinating insights into consumer preferences and behaviors in this rapidly growing industry.
According to the study, Zomato is the preferred food delivery service for 43.11% of the respondents, closely followed by Swiggy at 35.33%. Together, these two platforms account for a commanding 88.44% of the market share, underscoring their solid hold over the food delivery sector in India. Emerging startups such as Eat Sure and Eat Club collectively capture about 4.8% of the market, highlighting the intense competition and dynamism within the industry.
Zomato and Swiggy are the Most Preferred Food Delivery Services
Zomato’s success is largely attributed to its extensive network of restaurant partnerships, an intuitive app interface, and robust customer service. Founded in 2008, Zomato initially started as a restaurant discovery service before pivoting to food delivery. Its early entry into the market gave it a crucial first-mover advantage, enabling it to establish a broad base of loyal customers and a wide reach across various Indian cities.
Swiggy, which started operations in 2014, has been rapidly catching up. Its strategy has focused on diversifying its services beyond food delivery to include groceries and other essentials, catering to the evolving needs of modern consumers. This adaptability has been a key factor in Swiggy’s growth, appealing particularly to the younger demographics who appreciate the convenience of having multiple services under one app.
The Expert Market Research study also sheds light on the distinct preferences of Generation Z consumers, who heavily favour online food ordering for its speed, convenience, and variety. This demographic is increasingly influencing the strategic decisions of food delivery companies as they aim to cater to the younger, tech-savvy consumers who are comfortable with digital platforms.
Food Delivery Market in India Continues To Expand
Furthermore, the study provides valuable regional insights that could significantly impact targeted marketing strategies. For instance, certain cities may show a stronger preference for one service over another, influenced by factors such as delivery speed, restaurant partnerships, and promotional strategies.
The data also points to an overarching trend towards personalization and user engagement. Companies that can harness the power of data to offer personalized experiences and engage with their customers in meaningful ways are likely to secure a competitive edge.
As the food delivery market in India continues to expand, understanding these consumer trends and preferences will be crucial for companies aiming to thrive. With their vast reach and deep understanding of the Indian market, Zomato and Swiggy are not just leading the race but are also shaping the future of food delivery services in India.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124