Market Overview

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Market Overview

  • Revenue in the Food segment is projected to reach US$174.10m in 2023.

  • With a projected market volume of US$91,560.00m in 2023, most revenue is generated in Nepal.

  • In the Food segment, the number of users is expected to amount to 5.1m users by 2027.

  • User penetration will be 10.9% in 2023 and is expected to hit 15.7% by 2027.

  • The average revenue per user (ARPU) is expected to amount to US$52.10.

  • Revenue is expected to show an annual growth rate (CAGR 2023-2027) of 20.14%, resulting in a projected market volume of US$362.70m by 2027.