The Global Takeaway food Market consists of different international, regional, and local vendors. The market competition is foreseen to grow higher with the rise in technological innovation and M&A activities in the future. Moreover, many local and regional vendors are offering specific application products for varied end-users. The new vendor entrants in the market are finding it hard to compete with the international vendors based on quality, reliability, and innovations in technology.
The term take-away food, describes a way of eating restaurant food outside the restaurant or a growing variety of prepared foods that consumers purchase from food stands and drive-in locations. The concept of takeaway food lies in the changing lifestyles and eating habits of people, who largely prefer takeaway food due to busy life schedule and increasing traffic congestion.
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Takeaway food orders are made via telephone, restaurant websites and apps, online restaurant places, and dine-ins. The US stood as the largest takeaway food market with highest revenue contribution, whereas, the UK was the largest takeaway market within Europe. Growth of the market was driven by increased urbanization, increased usage of internet worldwide, and rising use of mobile internet. Some of the noteworthy trends of the industry includes emerging multicultural population, online market place convenience and strategic mergers and acquisitions.
Key challenges include barriers to entry because of high logistical complexities and tedious development and implementation of systems that accept orders online. Setting up things turn out to be very expensive and time consuming for new players in the market.
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The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
The report Global Takeaway Food Market: Industry Analysis & Outlook (2017-2021) by Koncept Analytics provides a comprehensive study of global market and major regional markets. The global takeaway food market remains highly competitive consisting of several large enterprises including Just Eat Plc, Grubhub Inc., Takeaway.com and Delivery Hero. The competitive landscape of the respective market, along with the company profiles of the leading players are discussed in detail.
The research includes historic data from 2012 to 2016 and forecasts until 2022 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs. The report will make detailed analysis mainly on above questions and in-depth research on the development environment, market size, development trend, operation situation and future development trend of Takeaway food on the basis of stating current situation of the industry in 2017 so as to make comprehensive organization and judgment on the competition situation and development trend of Takeaway food Market and assist manufacturers and investment organization to better grasp the development course of Takeaway food Market.
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