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According to the latest report by IMARC Group, titled “Chile Food Delivery Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the Chile food delivery market exhibited moderate growth during 2015-2020. Food delivery refers to a courier service wherein restaurants, stores, or third-party applications deliver food to the customers. Its orders are placed via websites, mobile applications, or telephone calls. Some of the items offered through these services include beverages, desserts, entrees, sides, or groceries. At present, food delivery is gaining popularity in Chile due to the increasing reliance on smartphones for carrying out everyday tasks and the growing number of food service platforms.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Chile Food Delivery Market Trends:
Sedentary lifestyles due to hectic work schedules have positively influenced the demand for ready-to-eat (RTE) food products. This represents one of the key factors supporting the growth of the market in Chile. Apart from this, food delivery provides numerous advantages, including doorstep delivery, various discounts, a diverse range of products, and secured payment getaways. This, in confluence with the introduction of software-based food delivery apps and websites that are integrated with advanced technologies, such as the Internet of Things (IoT) and artificial intelligence (AI), is favorably influencing the market growth in the country. Besides this, due to the outbreak of the highly contagious coronavirus disease (COVID-19), there is a rise in the demand for food delivery services to promote social distancing and prevent the spread of the pandemic. Other major factors, including improved consumer living standards, increasing expenditure on express food delivery services, and the rising dependence of brick-and-mortar foodservice chains on third-party food delivery platforms to expand their consumer base, are anticipated to propel the market growth in the country. Looking forward, IMARC Group expects the market to continue its moderate growth during the forecast period (2021-2026).
Market Summary:
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