Global Online Food Delivery & Takeaway Market Overview:
Online food delivery & takeaway is the process of food delivery or take out from local restaurants through online portals or mobile apps. Changing lifestyle of people fueled by growing disposable income has bolstered the demand of such services. Amid fierce competition, incorporation of new technologies is expected to provide leading edge to the key players. Delivery by drone and incorporation of AI will change the ball game entirely, though quality of services will determine long term growth. The online food industry is expected to be over 18 billion by the end of 2019 in United States with companies geared up to come up with innovative technologies. Some of the players profiled in the study are Delivery Hero Holding GmbH [Germany], Foodpanda GmbH [Germany], Just Eat Holding Ltd. [United Kingdom], Takeaway.com N.V. [Netherlands], Grubhub Inc. [United States], Domino's Pizza Inc. [United States], Snapfinger Inc. [United States], Pizza Hut Inc. [United States] and Foodler Inc. [United States].
On the basis of geography, the market of Online Food Delivery & Takeaway 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). If we see Market by Modes of Payment, the sub-segment i.e. Debit Card will boost the Online Food Delivery & Takeaway market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- Availability of the Services on the Go Owing to Growing Internet Penetration
- Changing Life Style and Standards Fueled by Growing Disposable Income
- Technology is Propelling the Industry Forward and Delivery by Drone is a Trend to Watch Out for
- Tampered Proof Packaging to Avoid Food Tampering
- Inability to Maintain Quality of Services on Consistent Basis
- High Cost of Food Delivery and Takeaway Services
- Incorporation of AI
- Growing Millennial Inclination Towards Online Food and Takeaway Services
- Discrepancy Between Restaurant and Food Delivery Companies
- High Competitive Rivalry Makes It tougher for New Entrants to Establish in the Market
Food Services directly affect the individual health and stern regulations are there in place to safeguard consumers health and to stop adulteration of any kind by global food security bodies such as FDA. The agency also mandates packaging of food items with labeling.
Target Audience:Food Service and Takeaways Service Providers, Restaurants, Government Agencies, Potential Investors and Others
Major Objectives Focused through this Study To define, describe, and forecast the Global Online Food Delivery & Takeaway market on the basis of product [Delivery and Takeway] , application , key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Online Food Delivery & Takeaway market with respect to major geographies, namely, 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)
To strategically profile the key players and analyzing their market shares and core competencies in the Online Food Delivery & Takeaway industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are Swiggy [India], Zomato [India], UberEats [United States], Deliveroo [United Kingdom], DoorDash [United States] and Postmates [United States].
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Online Food Delivery & Takeaway market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. 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, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.