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10 Jun 2019, Gergana Bencheva, EMIS Editor

Thailand’s food delivery business to grow 14% y/y in 2019

Thailand’s food delivery business will grow by 14% on an annual basis to between THB 33 billion and THB 35 billion in 2019, Intellasia.Net News reported referring to an estimate provided by KResearch. The survey showed that the segment has been growing as a number of restaurants and food supply chains joinеd food delivery apps.

This year, food delivery apps and businesses are expected to account for 8% of Thailand's total restaurant business. As many as 63% of the respondents in the KResearch poll noted that the advent of such apps had changed the food consumption behavior in the country.

The food apps have also emerged as a growth engine for both big and small food supply chains by helping them generate more income as they can reach out to new groups of customers, Intellasia.Net News added.

Sign in and read the full article in emis.com, and find out more about EMIS. Original source: Intellasia.Net News