On this page
India's food services market to hit $150B by FY31, online delivery share to climb to 18%
Our read
Prioritize snacks, beverages and premium tea/coffee assortments while building out delivery-ready operations, since online delivery is set to jump from 30 crore to 106 crore transactions by FY31.
Watch
Quarterly online delivery share vs 11% baseline trajectory
The report,
Redseer report projects India's food services market to grow from $90B in FY26 to $150B by FY31, with online delivery share rising from 11% to 18%. Snacks, beverages, premium tea/coffee are fastest-growing categories.
Channel facts
From the report. Source details below
| food delivery 30 crore to | 106 crore transactions |
|---|---|
| 89-90% brands under | Rs 50 crore |
Also in the report
- online share 4% to 11% FY21-FY26
- 1,000-1,500 organised firms
Other figures
- market $56B FY21
- organised segment 45-50%
What it means for online and offline
The projected surge in online delivery penetration and premium beverage demand makes delivery platforms, cloud kitchens and specialty tea/coffee brands prime targets for partnership or acquisition ahead of FY31.
Signals to track
- Blended AOV trend in beverages/premium tea-coffee
- Quick-commerce entry into hot-food and its cannibalization of scheduled delivery
- Platform take-rate and delivery-cost per order changes
- Dine-in recovery metrics for offline QSR
Likely next moves
Our read of what comes next — analysis, not reported by the source.
- Aggregators expand quick-food/beverage verticals and premium coffee/tea SKUs to capture rising AOV
- QSR and cafe chains build direct-order channels and cloud-kitchen footprints to defend margins
- FMCG and D2C beverage brands push branded delivery-native formats and subscription models
- Landlords and mall operators repackage food-court economics to counter delivery leakage
The source
Published
First seen