Technology and fast lives are driving the takeaway food delivery market growth in times when restaurants are seeing less ‘sit-ins’, specifically in developed markets, while developing economies witness the rise in various food delivery business models. Developed countries have increasingly less number of people cooking at home and/or having the time to visit and spend time at a restaurant for their meals. ‘Always on-the-go’ generation prefers fast food and services of the takeaway food delivery market players is enabling them to save time as well as cost in one activity, namely ‘meals’, of their daily routine.
Companies like Just Eat are already testing automation in the form of delivery robots for their takeaway food delivery market services in the developed countries, making way for a completely new and supplementary business model of robotics in the food and beverages industry. With technology helping revolutionize the food delivery market, takeaway is being added by companies like Postmates to expand their service offerings giving an edge and a wider reach to ‘takeaway’ food sector. Another push being received by the takeaway food delivery market segment is via the online transportation networking companies like Uber planning to further utilize their existing network to serve and unsettle the takeaway market. Not only are these experiments targeted at London or selected parts of US, countries like South Africa are also attracting Uber to introduce delivering take-away food.
On the other hand, economies like India seeing double digit growth in QSR still have the food industry attracting around 80% ‘sit-ins’ as compared to takeaway food delivery market offerings. Though the delivery concept is growing real fast across Tier I and Tier II cities of these economies, it may take a considerable amount of time for the takeaway food delivery market segment to compete equally with sit-ins. For every positive factor like wide range of options, continuous discounts and convenience, these markets face challenges in form of customer adaptability, trustworthiness and quite a few times, quality of food. The challenges in developed economies differ from those in developing ones. For example, in UK a survey regarding childhood obesity found 25% children ordering takeaway food to be delivered to their school. Quoting The Telegraph on this, “the Royal Society of Public Health (RSPH) has warned, as it calls for ban on such deliveries”. Additionally, food safety regulations as well as Internet rules are seen as potential hurdles for the growth of takeaway food delivery market across geographies.
eMarketOrg.com has a study titled Global Takeaway Food Delivery Industry 2016 Market Research Report that provides international market analysis including development history, competitive landscape analysis, and major regions development status. Upstream raw materials, equipment and downstream consumers analysis is also carried out in this research. The takeaway food delivery market development trends and marketing channels are analyzed. Companies profiled in this takeaway food delivery market report include McDonalds, KFC, Subway, Pizzahut, Starbucks, Burger King, Dominos Pizza, Dunkin Donuts, Dairy Queen, Papa Johns, Wendys, Taco Bell, Chick-fil-A, Panera Bread and Sonic Drive-in.
Explore our complete collection of food and beverages market reports at http://emarketorg.com/cat/food-and-beverages/ .