Delivery And Takeaway Food Market Revenue, Opportunity, Segment and Key Trends 2017-2027
Changing in consumer’s demographic factors, eating habits along with busy schedule, advancement in information technology and availability of labor force have created demand and opportunity in food delivery industryin near future. Moreover, in today’s competitive business era, various companies are adopting differential marketing and sales strategies to enhance their customer base by directly delivering restaurant meals or creating a takeaway option for consumers. The delivery and takeaway food is undergoing rapid change as online platforms are getting more popularity among people who wish to dine food within the home and yet want the quality of restaurant’s meals. Thus, increasing demand for home delivery and fast foods have propelled the growth of delivery and takeaway food market during the forecast period.
Changing in consumer’s demographic factors, eating habits along with busy schedule, advancement in information technology and availability of labor force have created demand and opportunity in food delivery industryin near future. Moreover, in today’s competitive business era, various companies are adopting differential marketing and sales strategies to enhance their customer base by directly delivering restaurant meals or creating a takeaway option for consumers. The delivery and takeaway food is undergoing rapid change as online platforms are getting more popularity among people who wish to dine food within the home and yet want the quality of restaurant’s meals. Thus, increasing demand for home delivery and fast foods have propelled the growth of delivery and takeaway food market during the forecast period.
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<strong>Delivery</strong> <strong>And</strong> <strong>Takeaway</strong> <strong>Food</strong> <strong>Market</strong>: Global Industry<br />
Analysis <strong>and</strong> <strong>Opportunity</strong> Assessment <strong>2017</strong>-<strong>2027</strong><br />
March <strong>2017</strong><br />
Report Id : REP-GB-2953<br />
Status : Ongoing<br />
Category : <strong>Food</strong> <strong>and</strong> Beverages<br />
©2015 Future <strong>Market</strong> Insights, All Rights Reserved
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<strong>Delivery</strong> <strong>And</strong> <strong>Takeaway</strong> <strong>Food</strong> <strong>Market</strong><br />
Changing in consumer’s demographic factors, eating habits along with busy schedule, advancement in<br />
information technology <strong>and</strong> availability of labor force have created dem<strong>and</strong> <strong>and</strong> opportunity in food delivery<br />
industryin near future. Moreover, in today’s competitive business era, various companies are adopting<br />
differential marketing <strong>and</strong> sales strategies to enhance their customer base by directly delivering restaurant<br />
meals or creating a takeaway option for consumers. The delivery <strong>and</strong> takeaway food is undergoing rapid<br />
change as online platforms are getting more popularity among people who wish to dine food within the<br />
home <strong>and</strong> yet want the quality of restaurant’s meals. Thus, increasing dem<strong>and</strong> for home delivery <strong>and</strong> fast<br />
foods have propelled the growth of delivery <strong>and</strong> takeaway food market during the forecast period.<br />
<strong>Delivery</strong> <strong>and</strong> <strong>Takeaway</strong> <strong>Food</strong> <strong>Market</strong>:Drivers <strong>and</strong> Restraints<br />
<strong>Delivery</strong> <strong>and</strong> takeaway food market is witnessing maximum growth owing to rise in busy lifestyle <strong>and</strong> hectic<br />
schedule of population, exp<strong>and</strong>ing urbanization, quick access to mobile phones, increasing use of m-<br />
Commerce, growing dem<strong>and</strong> for hygiene fast foods, <strong>and</strong> exp<strong>and</strong>ing internet penetration for ordering food<br />
online has boosted various food chain restaurants to incline towards online distribution channels to enhance<br />
their overall sales. Moreover, effective supply chain for food delivery along with mergers & acquisitions in<br />
the food industry is some of the other factors that can boost the dem<strong>and</strong> for delivery <strong>and</strong> takeaway food<br />
over the forecast period. However, unhealthy perception of fast foods among consumers, price war due to<br />
heterogeneous nature of the market, <strong>and</strong> food regulations by the regime for food safety & st<strong>and</strong>ards may<br />
hamper the growth of delivery <strong>and</strong> takeaway food market in near future.<br />
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<strong>Delivery</strong> <strong>And</strong> <strong>Takeaway</strong> <strong>Food</strong> <strong>Market</strong><br />
<strong>Delivery</strong> <strong>and</strong> <strong>Takeaway</strong> <strong>Food</strong> <strong>Market</strong>:Overview<br />
<strong>Delivery</strong> <strong>and</strong> takeaway food market revenue is expected to grow at a rapid growth rate, over the forecast<br />
period. The market is anticipated to perform well in the near future owing to consumer preference for<br />
online ordering, growing online marketing strategies by companiesto connect with consumers, <strong>and</strong><br />
consumers preference for hygiene & healthy food rather the fast food while placing an order. Moreover,<br />
dem<strong>and</strong> for fresh food, quick home delivery, <strong>and</strong> easy accessibility are some of the factors that can<br />
accelerate the market revenue growth of delivery <strong>and</strong> takeaway food during the forecast period. Based on<br />
distribution channel, online channels are anticipated to grow at the significantly high CAGR over the forecast<br />
period. This is attributed to the convenient option to the customers w.r.t. transparency, easy mode of<br />
payment, high security <strong>and</strong> traceability of their order. Thus, various players are focussing on enhancing their<br />
tracking technology <strong>and</strong> delight consumer’s experience with home delivery <strong>and</strong> takeaway food with a view<br />
to engage more customers <strong>and</strong> create loyalty among them.<br />
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<strong>Delivery</strong> <strong>and</strong> <strong>Takeaway</strong> <strong>Food</strong> <strong>Market</strong>: Region-wise Outlook<br />
Depending on geographic region, delivery <strong>and</strong> takeaway food market is divided into seven key regions: North<br />
America, Eastern Europe, Latin America, Western Europe, Japan, Asia Pacific, <strong>and</strong> Middle East & Africa.<br />
North America dominates the delivery <strong>and</strong> takeaway food <strong>Market</strong>owing to high presence of online food<br />
delivery service companies, rising dem<strong>and</strong> for customization in food offerings, high acceptance of fast foods<br />
among consumers, intensive advertisement by key players for hygiene food home delivery services,<br />
©2015 Future <strong>Market</strong> Insights, All Rights Reserved 5
<strong>Delivery</strong> <strong>And</strong> <strong>Takeaway</strong> <strong>Food</strong> <strong>Market</strong><br />
presence of restaurant chains that offers home delivery services <strong>and</strong> growing dem<strong>and</strong> for ready-to-eat<br />
products. Asia Pacific holds huge potential <strong>and</strong> shows substantial growth in terms of rising consumption of<br />
fast foods, increasing usage of m-Commerce, exp<strong>and</strong>ing advanced technology <strong>and</strong> internet penetration<strong>and</strong><br />
high presence of local players are some of the factors which strengthen the growth of delivery <strong>and</strong> takeaway<br />
food market throughout the forecast period.<br />
<strong>Delivery</strong> <strong>and</strong> <strong>Takeaway</strong> <strong>Food</strong> <strong>Market</strong>:<strong>Key</strong> Players<br />
Some players of delivery <strong>and</strong> takeaway food market are <strong>Delivery</strong> Hero Holding GmbH, <strong>Food</strong>p<strong>and</strong>a GmbH,<br />
Just Eat Holding Limited, <strong>Takeaway</strong>.com Holding B.V, Grubhub, Inc., Domino's Pizza Inc., Snapfinger, Inc., Pizza<br />
Hut Inc., <strong>Food</strong>ler Inc., Mobo Systems, Inc., <strong>and</strong> Zomato Media Private Limited.<br />
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