Press release
Online Takeaway Food Market Is Expected To Grow At An Average Annual Rate of 30.11% By 2022 : Zomato, Swiggy, Just Eat, Meituan-Dianping, Deliveroo, McDonald's, KFC, Subway, Pizza Hut and Burger King Corporation
Consumer demographic factors, changes in eating habits with busy schedules, the development of information technology and the availability of labor force have created demand and opportunity for the food supply industry in the future. Also, in today's competitive business era, a variety of companies are strengthening their customer base by either providing restaurant meals directly or by taking-out options for consumers and adopting differentiated marketing and sales strategies. Online Takeaway Food are undergoing drastic changes as the online platform is gaining popularity among people who want to eat at home and eat at restaurants. Therefore, increased demand for home delivery and fast food has driven growth in the Online Takeaway Food market during the forecast period.The global online take-out food market is estimated at $ 618.18 million in 2016 and is expected to grow at an average annual rate of 30.11% between 2016 and 2022, reaching $ 299,181.05 million by the end of 2022.
The Asia-Pacific region will expand its market share over the next several years, especially in China and the fast-growing regions of India and Southeast Asia.
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The United States will still play an important role that can not be ignored. Changes in the United States can affect the development trends of online takeout foods.
The EU also plays an important role in the global market with a market size of 13988.92 million USD in 2016.
The Online Takeaway Food market is characterized by a busy lifestyle and an increase in demand for population, expansion of urbanization, quick access to mobile phones, increased m-commerce usage, increased demand for hygiene fast food, We saw an increase in overall sales as a variety of food chain restaurants tilted to online distribution channels while eating food online. In addition, an effective supply chain for food supply with mergers and acquisitions in the food industry is a few other factors that can increase demand for delivery and takeaway food during the forecast period. However, the unhealthy perception of fast food among consumers, the price war caused by the heterogeneity of markets, and the food regulations of the regime on food safety and standards can hinder the growth of delivery and takeaway food markets in the near future.
The report also discusses key drivers for market growth, opportunities, challenges and risks facing key manufacturers and markets as a whole. It also analyzes key emerging trends and their impact on current and future development.
Some Of The Key Players In Global Online Takeaway Food Market Are
Baidu, Zomato, Swiggy, Just Eat, Grubhub , Meituan-Dianping, DoorDash , Delivery Hero SE , Burger King Corporation, Burger King®, Domino's Pizza Enterprises Limited, Domino's Pizza Nederland, Domino's Pizza Brasil, Domino's Pizza Portugal, Austria & Slovakia, Dunkin Donuts - Cayman Islands, Dunkin' Donuts Lebanon, Dairy Queen, Dairy Queen - Noble Stores, LLC, Papa John's International, Papa Johns España, Papa John's (GB) Ltd, The Wendy's Company, Wendy's (Pertoria, Inc.), Wendy's Quality Supply Chain Cooperative, Inc., Domino's Pizza Malaysia & Singapore, Deliveroo, McDonald's, KFC US, KFC, Subway, Pizza Hut, KFC UK & Ireland, KFC, Pizza Hut, Taco Bell | Romania & Italy, KFC & PIZZA HUT MALAYSIA (QSR Brands (M) Holdings Bhd), KFC Indonesia, KFC (B) Sdn Bhd, KFC Philippines, Takeaway.com and Delivery Hero Germany GmbH
Online Takeaway Food Market —Product Type Segmentation
• Independent
• Third Party
Online Takeaway Food Market —Industry Segmentation
• B2B
• B2C
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Regional segmentation-
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Major Table of Contents: Global Online Takeaway Food Market
1 Executive Summary
2 Preface
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Global Online Takeaway Food Market, By Application
6 Global Global Online Takeaway Food Market, By Airspeed
7 Global Global Online Takeaway Food Market, By Solution
8 Global Global Online Takeaway Food Market, By Alignment
9 Global Global Online Takeaway Food Market, By Geography
10 Key Developments
11 Company Profiling
We tend to believe this industry is a promising industry, and the consumption increasing degree will show a smooth growth curve. For product prices, the slow downward trend in recent years will maintain in the future as competition intensifies. Besides, prices gap between different brands will go narrowing gradually. Also, there will be fluctuation in gross margin.
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Key Issues Addressed
• What are the industry challenges that can to be solved with digital transformation?
• What will happen to companies that cannot keep up with digital transformation? Who will win? Who will be threatened by them?
• What are the customer values by adopting digital transformation in the building and construction sector?
• What are the growth opportunities? Who are the key providers of digital transformation within the building and construction sector?
• Why must digital transformation be a part of the company's corporate strategy? What are the innovative business models that can be mirrored?
About Research for Markets:
Research for Markets indulges in detailed and diligent research on different markets, trends and emerging opportunities in the successive direction to cater to your business needs. We have established the pillars of our flourishing institute on the grounds of Credibility and Reliability. RFM delve into the markets across Asia Pacific, North America, South America, Europe, Middle East and Africa.
Contact:
Mr. A Naidu
Research for Markets
Tel: +44 8000-4182-37 (UK)
Email: alan.naidu@researchformarkets.com
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