Restaurant Takeout Industry Outlook 2025-2029: Market Set to Cross $4123.99 Billion Milestone

Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

How Large Will the Restaurant Takeout Market Size By 2025?
The size of the restaurant takeout market has seen a robust increase in recent years. Its size, which is predicted to be at $2681.86 billion in 2024, is expected to reach $2915.75 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 8.7%. The notable expansion during the historical period can be ascribed to factors such as the increase in the geriatric population, the broadening reach of fast-food chains, growing inclination towards ready-to-eat meals, a surge in internet utilization globally, and the rise in smartphone usage.

How Big Is the Restaurant Takeout Market Size Expected to Grow by 2029?
Anticipated robust expansion is on the cards for the restaurant takeout market in the forthcoming years, with predictions indicating a value of $4123.99 billion by 2029, and a compound annual growth rate (CAGR) of 9.1%. This projected enhancement for the forecast period is credited to factors such as the rising demand for convenient food options, a surge in popularity of delivery services, an uptick in the usage of mobile applications for placing orders, elevation in the consumption of diet-conscious food, and an upswing in the procurement of plant-based products. Key trends expected to define the forecast period consist of technological advancements, incorporation of AI-driven solutions, synergy with table-top tablets, progressive processing methodologies, and integration of digital modes of payment.

View the full report here:
https://www.thebusinessresearchcompany.com/report/restaurant-takeout-global-market-report

Which Key Market Drivers Powering Restaurant Takeout Market Expansion and Growth?
The rising need for ready-to-eat meals is anticipated to fuel the expansion of the restaurant takeout industry. These convenience foods, which are premade or package-prepared for fast and easy consumption requiring little to no preparation time, cater to those with hectic schedules supplying ready-to-eat meals or straightforward heat-and-serve alternatives. The surge in demand for these meals can be attributed to busy schedules, limited time for home-cooking, and the preference for hassle-free meal options. Restaurant takeout service caters to this growing need by providing quick, ready-made meal choices, saving individuals time and effort, and ensuring a quality dining experience without the need for cooking at home. For example, Blue Diamond Almond, a company based in the United States, reported in March 2022 that the ready-to-eat meal sector's revenue for the year was $46,916 million. It is projected to rise at a compound annual rate of 0.83% until 2026. Consequently, the swelling demand for convenience foods stimulates the growth of the restaurant takeout market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=18713&type=smp

Which Fast-Growing Trends Are Poised to Disrupt the Restaurant Takeout Market?
Leading businesses in the restaurant takeout industry are focusing on the creation of inventive solutions like Smart Links, with the aim to streamline the ordering process, offer tailored suggestions, and encourage customer involvement. Smart Links offers restaurants no-cost, personalized links that can effortlessly be shared across social media channels such as WhatsApp, Instagram, and Facebook. For instance, in April 2024, the India-based food ordering firm, Swiggy, introduced a novel tool, Smart Links, to assist restaurants of varying sizes in enhancing their online visibility and stimulating increased orders. This tool allows restaurants to promote orders via their online status and connect with a wide-ranging audience. Smart Links are robust tools conceptualized to aid restaurants in escalating their online visibility and promoting increased orders through bespoke links and useful insights.

What Are the Emerging Segments in the Restaurant Takeout Market?
The restaurant takeoutmarket covered in this report is segmented -

1) By Meal: Breakfast, Brunch, Lunch, High Tea, Dinner
2) By Nature: Vegetarian, Non Vegetarian, Vegan
3) By Purchase Model: Direct-To-Consumer, Platform-To-Consumer
4) By Payment: Cash, Debit Cards, Credit Cards, Digital Wallets, Electronic Bank Transfers
5) By Business: Chained Foodservice, Independent Foodservice

Subsegments:
1) By Breakfast: Quick-Service Breakfast Items, Hot Breakfast Meals, Grab-and-Go Options
2) By Brunch: Brunch Specials, Gourmet Brunch Items, Beverages
3) By Lunch: Sandwiches and Wraps, Salads and Bowls, Quick-Serve Lunch Combos
4) By High Tea: Pastry and Dessert Boxes, Finger Sandwich Trays, Tea Service Packages
5) By Dinner: Family-Style Meal Kits, Entrée Specials, Multi-Course Dinner Boxes

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=18713&type=smp

Who Are the Global Leaders in the Restaurant Takeout Market?
Major companies operating in the restaurant takeout market are Panda Restaurant Group, Starbucks Corporation, Uber Technologies Inc., KFC Corporation, DoorDash Inc., Domino's Pizza Group PLC, Panera Bread Company, Grubhub Inc., First Watch Restaurants Group, Manchu Wok Inc., Huddle House Inc., Denny's Corporation, Bob Evans Farms Inc., HuHot Mongolian Grill LLC, Another Broken Egg of America Franchising LLC, The Original Pancake House Company, Mama Fu's Franchise Group LLC, Biscuitville Fresh Southern, Spaghetti Warehouse Inc., Caviar

Which are the Top Profitable Regional Markets for the Restaurant Takeout Industry?
North America was the largest region in the restaurant takeout market in 2024. The regions covered in the restaurant takeout market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=18713

This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Saumya Sahey
Europe: +44 7882 955267,
Asia: +44 7882 955267 & +91 8897263534,
Americas: +1 310-496-7795
Email: saumyas@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.