Not only today's generation but people of all age groups are fond of ordering food
from several food delivery apps. But the world economy
has shown a huge downfall
in 2020 due to covid-19
. Although in 2021
, it has not improved much. So world economy has also impacted food delivery companies. You want to know how. Right?
We are in 2021 still spending our days in the fear of corona. It’s very unfortunate. Right? But we have to return in 2020 for a proper discussion of this topic. In May 2020, youngsters reduced their interest in placing orders to food delivery apps. So the business of online delivery businesses faced a sudden decrease in their revenue. But as time passed things started taking their shape again. Yes, because June was the time when these online delivery businesses again managed to see a rise in their revenue.
Image Source: Google
But here is an interesting thing to watch: During the period when covid took the hike, some people were afraid of ordering food by food delivery apps. While on the other hand, some started depending on these apps for food delivery due to quarantine. Surprising! Right! Almost 3% of people increased the orders by 4% when covid showed an uprising trend in 2020. While at the same time 65% of people didn't prefer ordering from delivery apps related to food.
So there was a mixed response yet there was pressure on food delivery apps to boost up their sales during the May month of 2020. Now again the second phase of covid has started in April 2021. Let us watch the impact of Covid-19 on food delivery apps usage in 2021 as well.