London, 30 January 2015 – TechNavio has announced the publication of a new market research report on the Delivery Takeaway Food Market in US, which is expected to grow at a CAGR of 3.22 percent from 2014-2019.
About the Report
The latest report by TechNavio emphasizes the trend towards online media as a major market growth driver. There has been a huge penetration of internet services worldwide, especially in the US, and the exponential increase in the online population has resulted in higher convenience for consumers.
“Vendors are capitalizing by developing smartphone applications so that customers can place orders from anywhere using their phones,” says Faisal Ghaus, Vice President of TechNavio.
“Online ordering has also seen a spike thanks to the availability of menus, variety of options, and the availability of lower prices and deals.”
The TechNavio report also draws attention to changing consumer demographics. People in the 28-49 years of age group are switching to foodservice providers because of an increase in workload and parenthood pressures. Lifestyle changes have also increased the demand for foodservices like restaurants, cafés and fast food chains, which will inevitably help drive the Delivery and Takeaway Food Market in the US through the projected period.
Key Information Covered in the Report:
Market segmentation, size and forecast through 2019
Market Growth Drivers:
- Change in Lifestyle
- For a full detailed list, view our report.
Market Challenges:
- Threat of Contamination of Ingredients and Raw Materials
- For a full detailed list, view our report.
Market Trends:
- Increase in Use of Online Media
- For a full detailed list, view our report.
Key Vendors:
- Domino’s Pizza Inc.
- Just Eat plc
- McDonald’s Corp.
- Subway
Other Prominent Vendors:
- Delivery.com
- Foodler
- GrubHub
- OLO
https://www.technavio.com/%3Cp%3E%3Ca%20href%3D%22http%3A//www.technavio….
