What is Food Delivery Market Scope?
Food Delivery is a service that is provided by the food and beverage companies to the consumers. These services can be done either by the website or mobile phone applications. There has been a significant rise in the number of people order food delivery and takeout once in a week with the figure stood up to 60 percent in the United States alone in 2018. The concept of these food delivery services is mainly generated through apps and thus draws a pretty straightforward process of look for a dish and then ordering it from a restaurant (or cloud kitchen). The food delivery market is growing year by year and is also making wonder with their countless other food delivery startups everywhere. For example, in 2018, Wolt, a food delivery platform has been offering its services in Scandinavia until then it expanded across different counties such as Croatia, the Czech Republic, Norway, Hungary, Georgia. Thus enhancing the market pace in different geographical regions.
An increasing trend of online food delivery apps has fueled the market. For example, the food delivery market is estimated to be worth 6.2 billion British pounds in 2017, via online delivery concepts. But, telephone orders are also a still account for the largest share of orders, thus increasing the number of meal deliveries orders.
Market Growth Drivers:
Increasing Consumption of Packed Foods by Consumers and Increasing Number of Working Population Coupled with Working Women's
Lack of Loyal Consumers also acts as a Threat in this Industry and Sluggish Growth due to Food Recall, Because of the Quality of Food
Failure of Infrastructure Issues with Network Technicalities and Fluctuation in Food Service Process
Rising Demand from Asia-Pacific Region and Rising Technological Advancements such as Apps, Websites and Many More
The Food Delivery market study is being classified by Type (Online and Offline), by Application and major geographies with country level break-up.
Analysts at AMA predicts that Vendors from Europe will contribute to the maximum growth of Global Food Delivery market throughout the predicted period.
Delivery Hero (Germany), Deliveroo (United Kingdom), Gousto (United Kingdom), Takeaway.com (The Netherlands), Food Panda (Germany), Hello Fresh (Germany), Wolt (Germany) and Glovo (Spain) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are CaterWings (United Kingdom), Bolt Food (Estonia), Mindful Chef (United Kingdom) and Farmdrop (United Kingdom).
Analyst at AMA have segmented the market study of Global Food Delivery market by Type, Application and Region.
On the basis of geography, the market of Food Delivery 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).
Market Influencers and their Development Strategies
On 10th, January 2020, Takeaway.com wins the Just Eat merger battle, creating a new food delivery giant. This merger will be helpful for Takeaway and Just Eat to create one of the world’s largest meal delivery companies, handling orders worth more than rivals like GrubHub, Delivery Hero, and Uber Eats. This news will mean increased competition for European startups like Deliveroo and newly crowned unicorn Glovo.
On 11th November 2019, Deliveroo launches food orders for pickup. This product launch is beneficial in the term of delivering orders by offering users a pickup option, called “Pickup,” as an alternative to paying a delivery fee and waiting for lunch to arrive.
Key Target AudienceFood Delivery Manufacturers, Food Delivery Traders, End-Use Market Participants of Different Segments of Food Delivery, Government and Research Organizations, R&D Institutions and Others
Food Delivery Market Study: Important Years
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|Customization Scope||Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility|
Major Highlights of Market Study
Demand Determinants: Identifying top-notch application and business segments that seek high growth potentials in Food Delivery Market.
Key Strategic Developments: To target untapped regions more aggressively by focusing on product/service developments, innovation and R & D, new launches, Merger & acquisitions, JVs & partnerships.
Forces & Market Dynamics: Growth drivers, restraints & opportunities available in Food Delivery industry is examined with reference relevant market sectors and sub-sectors.
Customization available in this Study:The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also includes significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets, To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.