The restaurant industry has seen healthy growth over the past few decades in the United States, thanks to the expansion of e-commerce/online platforms, on-the-go food services, packaging innovations, increasing disposable income, etc. Moreover, dining out is one of the most popular recreational spendings.
On top of it, app-enabled food delivery services have become a core part of the restaurant business, helping expand customer bases. Online food ordering and restaurant delivery have grown over 20% over the last five years. Moreover, online food delivery rates are expected to grow to more than $220 billion by 2025.
