About Delivery and Takeaway Food
Delivery and Takeaway Food market has seen significant growth amid fast pace lifestyles. In this system food is ordered from a local restaurants which is delivered to individuals address by food delivery service providers. Such services are getting popular in developing nations with rising disposable income. owing to intense competition,new delivery players are setting their footprint in the market by offering innovative solutions such as ordering meals from a group of restaurants through a single website or app or by giving an option of comparing the prices among different vendors.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
CAGR | 7.7% |
Food delivery and takeaways market is going through technological transformation and key players are adopting latest technology to stay ahead in the market amid fierce competition. The growth of third parties delivery services like Deliveroo and UberEATS has added a new dimension to the market. As per the wall streets journal UberEats is planning to launch delivery by drone by 2021. Other big players will follow the suit sooner than later. Analyst at AMA Research estimates that Global Vendors will contribute the maximum growth to Global Delivery and Takeaway Food market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Domino's [United States], Foodler [United States], Pizza Hut [United States], Zomato [India], Foodpanda [Germany], Takeaway [France], Swiggy [India] and Delivery Hero [Germany] are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Grubhub [United States], Just Eat [United Kingdom], Snapfinger, Inc. [United States], Olo [United States] and Yemeksepeti [Turkey].
Segmentation Overview
AMA Research has segmented the market of Global Delivery and Takeaway Food market by Type (Meat Items, Fast Food, Beverages and Others (Cooling Tunnels, Storage tanks, and Crushers)), Application (Supermarkets/hypermarkets, Online/e-Commerce, Independent Retail Outlets and Others) and Region.
On the basis of geography, the market of Delivery and Takeaway Food has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023.
Influencing Trend:
Green Packaging of Foods and Rising Demand for Hygiene Food
Market Growth Drivers:
Continuous Growth in Online Platform and Changing Lifestyles and Rising Disposable Income of People
Challenges:
Need to Maintain and Standardize food safety and Stringent Food Safety Regulation
Restraints:
Quality of Food and Services and Perception of Fast Food Being Unhealthy
Opportunities:
Growing Internet Penetration in Emerging Countries and Growing Urbanization
Market Leaders and their expansionary development strategies
In February 2023, Zomato has launched a new Zomato Everyday service. The new service aims to offer food that tastes like home. Zomato claims this food will be cooked by 'real home-chefs' at affordable prices. The company announced the move via a blog post. The new Zomato Everyday service will primarily serve food to a demography that stays away from their families and doesn’t always have access to home-cooked meals. Zomato Everyday is currently available in select areas of Gurgaon only.
In February 2024, Amsterdam-based Just Eat Takeaway.com, an online food delivery marketplace, has published its Full Year 2023 report, showcasing significant improvements and strategic achievements that mark a year of substantial growth and profitability.
Food products safety is paramount as they affect individual’s health directly. Different countries have different laws. Recently in July 2018, The Food Safety and Standards Authority of India (FSSAI) have directed food aggregators such as Zomato, Swiggy and UberEats to de-list all restaurants and eateries that do not have an FSSAI license or registration.
Key Target Audience
Food Delivery Service Providers, Restaurants Owners, Government Agencies, Research Institute and Potential Investors
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.