Takeaway Food Market size is estimated to be USD 150 Billion in 2024 and is expected to reach USD 250 Billion by 2033 at a CAGR of 6.5% from 2026 to 2033.
The global takeaway food market was valued at approximately USD 106 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 4.8% from 2023 to 2030. The markets expansion can be attributed to increasing urbanization, changing consumer lifestyles, and the growing preference for convenient dining options. The markets value is projected to reach USD 160 billion by 2030, driven by a rise in demand for online food delivery services and the continuous innovation of menu options that cater to diverse tastes and dietary preferences. North America held the largest market share in 2022, accounting for nearly 40% of the total market revenue, followed by Europe, which contributed approximately 30%. The demand for takeaway food in these regions is primarily driven by fast paced urban lifestyles, the popularity of food delivery apps, and an increasing trend towards on the go dining. In terms of regional growth, Asia Pacific is expected to exhibit the highest CAGR of 6.5% from 2023 to 2030, owing to rapid economic development, the growing middle class population, and rising disposable incomes in countries like China and India. Furthermore, the demand for takeaway food in Latin America and the Middle East & Africa is also expected to witness significant growth due to changing consumer behaviors and an expanding food delivery market. The increasing adoption of online platforms and mobile apps for food ordering is further bolstering the market growth in these regions. Opportunities for market players lie in expanding their delivery networks, enhancing menu diversity, and focusing on sustainability through eco friendly packaging and food waste reduction strategies, which align with consumer preferences for health conscious and environmentally friendly choices.
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Delivery Hero Holding
Foodpanda
Just Eat Holding
Takeaway
Grubhub
Domino's Pizza
Snapfinger
Pizza Hut
Foodler
Mobo Systems
Zomato Media
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Takeaway Food Market
Age Groups
Income Levels
Family Size
Fast Food
Ethnic Cuisine
Health-Conscious Options
In-Store Pickup
Delivery Services
Self-service Kiosks
Everyday Meals
Special Occasions
Late-night Snacks
Workplace Catering
Vegetarian Options
Keto-Friendly Meals
Low-Calorie Choices
Allergen-Free Options
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Takeaway Food Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Takeaway Food Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Takeaway Food Market, By Type
6. Global Takeaway Food Market, By Application
7. Global Takeaway Food Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Takeaway Food Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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