Delivery Takeaway Food Sales Market Size, Industry Analysis Report, Regional Outlook, Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2020 - 2026
Report ID: GMI2164
Delivery Takeaway Food Sales Market size is expected to witness surge in demand owing to rising trend of packaging and consignment of several meal products for customers. Hectic lifestyle, facility of online distribution and increasing disposable income will drive industry growth. Restaurants are offering meals for homes that is undergoing rapid change as new online platform race dominates industry share. Several companies are expanding by providing dine in facility along with home deliveries.
Rise of digital technology is reshaping delivery takeaway food sales market size from 2017 to 2024. Customers are being accommodated to shop online through various websites and apps. People are moving towards ordering online at a higher frequency. Growing technology will propel product demand in forecast period. Full service restaurants are heavily and negatively hit by the growth of third party service providers. Full service dines are highly dependent on third party service providers. Online ordering has become easier and simpler with the rise in smart phone sector.
Consumers are not willing to wait at restaurants for dines. They find it easy to order online and pay extra sum of money. Rising consumer convenience need will effectively drive product demand. Increasing working women in various organization and increasing responsibilities will drive delivery takeaway food sales market size over the forecast timeline. Increasing consumer preference towards convenience and easy availability of huge variety of eateries at home will accelerate business. Growing employment opportunity and easy workforce availability will accelerate product demand in forecast time period.
Challenges faced by delivery takeaway food sales market are high cost, quality of ingredients, cooking style and distribution time. Ordering online can be very expensive as restaurants charge extra for pickups and home distribution. Growing consumer awareness towards high cost and hygiene hinders surge in product demand.
On the basis of product, delivery takeaway food sales market in split into veg and non-veg. Price range includes high, medium and low divisions. Most of the customers prefer medium range pricing. Distribution channels comprises of fast food chains restaurants, online channel and independent restaurants.
Europe, particularly led by UK and Germany will witness growth in delivery takeaway food sales market owing to increasing requirement for convenience and hectic lifestyle. Consumers are spending on online apps and websites to order eateries from outside. Increasing penetration of local online service providers along with rising consumer demand will drive industry growth in the region.
Growing urbanization, increase in disposable income has propelled demand for delivery takeaway food sales market size in Asia Pacific. China started the trend of online ordering of Chinese eateries that later spread worldwide. Growing demand for cell phones and increasing population will positively impact regional delivery takeaway food sales market share over the forecast period.
North America, especially dominated by the U.S. is the largest contributor to delivery takeaway food sales market as it consumes highest number of outside eateries. High rate of employment coupled with rising eating habits will positively impact business growth.
Prominent players in delivery takeaway food sales market includes Grubhub, OLO, Domino’s Pizza, Just Eat, Swiggy, Snapfinger, Pizza Hut, Mobo Systems and Zomato. Companies are competing amongst each other by merging with various full-service restaurants for growth and development.
What Information does this report contain?
Customize this Report
Our Market Research Reports Include:
- Market snapshot
- Market Segmentation
- Value Chain Analysis
- Growth Dynamics
- Potential Market Opportunities
- Regulatory Overview
- Technology Evolution
- Innovation & Sustainability
Take a free trial of GMIPuse, our report store; designed to provide clients a range of market research services, all on a single platform.Start Your Free Trial
Benefits of Association
Data Coverage & Quality
GMI reports provide the most comprehensive coverage of any focus industry, ensuring a holistic and deep understanding of the market, along with actionable and granular data. We also take pride in our commitment to quality and strive to ensure that our clients get their moneys worth.
Client Trust & Security
GMI maintains strict code of conduct as a business and is committed to ensure that the privacy and trust of our clients are always maintained. As an organization, we also strive to be fully compliant with privacy laws, PCI and information security guidelines.
Our customers rely on us to produce accurate, reliable and timely information. Service orientation is a key mission for us as an organization; our process is guided by the desire to ensure that our clients are provided the best possible solutions in optimal timeframe. GMI stands by its commitment to service, providing timely assistance in both pre-sales and post-sales support for our clients.