Project Report For Online Food Ordering
System
Introduction
Online food ordering system project report is as follows:Â Â
An online food ordering system is software that allows your restaurant to accept and manage online orders. A website or app that allows customers to view the menu and place an order, and an admin interface that allows the restaurant to receive and fulfil customer orders, are the two main components of an online food ordering system.Â
Online food ordering system is a method of ordering various foods and beverages from local restaurants and hotels via the internet while sitting at home or anywhere else. And the order is delivered to the specified address. So, despite being a new concept, food ordering systems have one of the fastest growing markets these days. In this project, we have created something similar in order to earn money and serve the nation in a more effective manner.
This food ordering system allows the user to choose from a menu of available menu items provided by the local hotel or restaurant. The user can place orders for food items from the list that they want.Payment can be made either online or via a pay-on-delivery system.Â
The user’s information is kept private because each user has a separate account. Each user is assigned a unique id and password. On the server side, several encryption techniques were used to protect the card details. As a result, it provides a more secure and protected ordering system.
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The best online food ordering platform offers an intuitive admin panel to improve relationships between customers and restaurants. From a single dashboard, you can manage all of your orders new, active, and cancelled. The online food ordering system will also tell you as soon as a new order comes in, allowing you to start preparing it and fulfilling it right away.Â
Additionally, party orders and table reservations can be made online. You can use this to efficiently plan and carry out tasks. Additionally, it enables you and the customer to follow Orders/Reservations in real-time. This keeps customers updated, reduces back-and-forth calls to your restaurant, and guarantees prompt deliveries.
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Market Potential Of Online Food Ordering System
The global online food delivery market was worth USD 189.70 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 10.8% between 2022 and 2028. The market is primarily driven by the growing number of smartphone and internet users, as well as the global trend toward food delivery mobile applications.Â
According to the GSMA, there were 5.2 billion smartphone connections in 2019, and by the end of 2020, it is expected that half of the world’s population will have access to mobile internet services. As a result, the growing number of smartphone and internet users increases demand for online food delivery platforms, which contributes to market growth. Another factor driving market growth is the growing trend toward online food delivery mobile apps, as well as growth in the food industry in emerging economies.
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In 2021, the platform-to-consumer delivery segment had the highest revenue share of more than 60.0%. The growing popularity of various food delivery platform apps such as Deliveroo, Zomato, UberEats, and Grubhub around the world also contributed to market growth. Furthermore, rising smartphone penetration, combined with significant development of various advanced food delivery applications, is expected to drive significant growth in the market.
Over the forecast period, the restaurant-to-consumer delivery segment is expected to grow at a significant CAGR of 11.2%. One of the major factors driving market growth during the forecast period is the increasing implementation of in-house delivery systems by large food chains such as Dominos, Pizza Hut, and McDonald’s. Furthermore, significant restaurant partnerships with aggregators such as DoorDash, as well as growth in the restaurant industry in emerging economies, are driving market growth.