- The key vendors in the Global Delivery Takeaway Food Market 2014-2018 are Delivery Hero Holding GmbH, Domino’s Pizza Inc., Just Eat plc and Takeaway.com BV.
London, 28 October 2014: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Global Delivery Takeaway Food Market 2014-2018. One major trend in this market is the online ordering of food, which has gone viral because it offers various advantages to the customers and helps companies understand and serve the customers well. Through this, customers have access to a wide variety of menus to choose from, flexibility to pay, and can check for reviews and comments of other customers prior to ordering food. This helps companies understand the evolving needs of their customers and hence target them in a better way by improving their products and services. The Global Delivery Takeaway Food market is expected to grow at a CAGR of 4.53 percent during the forecast period of 2013-2018.
The majority of the demand comes from countries such as Denmark, India, and China because of the steady economic recovery. Increased urbanization puts pressure on customers, who are left with less time for food preparation and hence prefer such services offering ready-to-eat food.
“With the introduction of smartphones, tablets, and other devices, the customers can access the internet from anywhere and anytime, which has provided a convenient option and has enabled them to order food whenever they want,” says Faisal Ghaus, Vice President of TechNavio Research.
“There is increased need for delivery takeaway food services in developing economies such as Asia where customers are becoming aware of such products and services because of the increased broadband penetration.”
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
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