5 Startup Friendly Online Business Ideas Based on Food Tech

Food is the basic necessity of every human. Not everyone gets time on a daily basis to leave home to buy groceries or go out to a restaurant only to wait in a queue. Internet-based food ordering businesses are thriving on this limitation as they let customers order food from the comforts of home and offices. An online food-related business has great potential in this day and age, only if you pick the sector that still lacks enough local delivery marketplaces.

To enable you to start online food businesses in an informed way, I have analyzed five food tech business models that are profitable as well as less competitive yet. Continue reading to know more about these business models.

Online Night Food Service:

In urban areas, where most employees work during night shifts, this food ordering service is a necessity. The usual time for night food ordering portal to operate is from 10PM to 6PM.
The night food ordering business idea can be implemented by building a food ordering website from scratch. However, such an endeavor can be taxing on the pockets for a startup. It is recommended to prefer a turnkey solution, which will enable an entrepreneur to focus on other business activities as well.
Top Players – Latenight, Juugaad, Nightfactory, etc.

Online Office Food Ordering Service:

The office food delivery business model recently gained momentum, with a startup like Peachd. In this model, the main focus is on office employees. Office employees get a notification to tell their lunch preference, such as veg or nonveg. Depending on employees’ choice, the food is be delivered exactly in the lunch break.

Online Meal-Kit Ordering and Delivery:

The meal-kit service is popular among various groups of people who follow strict diets. People like fitness enthusiasts and patients need special meals to meet their daily dietary goals. To address this problem, online meal-kit delivery business meets the requirement perfectly.
Top Players – Hello Fresh, Blue Apron, Plated etc.

Online Grocery Portal:

Office work takes up most of the day, which makes it difficult for working professionals to find time for grocery shopping. To address this problem, online grocery shopping serves as a viable business idea. Due to the presence of a handful competitors, online grocery shopping remains a profitable idea. Additionally, by implementing features in the grocery portal, such as ‘remember your list’, users can save themselves from the time-consuming trouble of sorting the entire grocery list.
Top Players – Peppertap, Bigbasket, Meragrocer.

Online Restaurant Table Booking:

Online restaurant table booking is a profitable business idea, which most online food businesses are integrating as an add-on feature. However, independent restaurant table booking portals have a good future as it is relatively a new concept and not many are exclusively providing this service.
Top Players – Yelp SeatMe & Eveve

Conclusion

There are many areas, where online food ordering portals are not present. Although, a small number of competitors are present in tier 1 and tier 2 cities, but there is a pool of options in the tier 3 cities. Therefore online food business is a great and profitable startup idea. Aspiring entrepreneurs can seize the opportunity and start their own online food ordering portal more easily in the present times .

Do you think we missed a good online food ordering business idea? Tell us by leaving a comment below.

Smriti Wangnoo
 

Smriti Wangnoo works as an Internet marketer at FATbit Technologies, India’s one of the most trusted web solution providers. FATbit is particularly known for its feature-rich turnkey solutions that allow aspiring entrepreneurs in launching eCommerce marketplaces at low cost, less time, and with no set-up hassles.