India's online food delivery share to hit 18% by FY31 as ordering accelerates
A Redseer report projects online food delivery's share of the market rising from 11% in FY26 to 18% by FY31, growing at a 20-22% CAGR. Growth is driven by Tier-2 demand, cloud kitchens, premiumisation and digital-first brands outpacing legacy chains, with the market expanding from $90B in 2025 to $150B by 2030.
Redseer report projects India's online food delivery share rising from 11% (FY26) to 18% (FY31) at 20-22% CAGR, driven by Tier-2 growth, cloud kitchens, premiumisation and digital-first brands outpacing legacy chains.
Why this matters
The projection reinforces Swiggy's aggressive expansion, from launching Late Night Eats across 30 cities to new partnerships, as digital-first players push into Tier-2 markets and off-peak demand.
retail-company theme accelerating at +544900% QoQ.