Global Delivery and Takeaway Food Market 2016-2020
Our team recognizes the following companies as the key players in the global delivery and takeaway food market: Delivery Hero, Just Eat, foodpanda, Takeaway, and Grubhub.
Other Prominent Vendors in the market are: Domino’s, Delivery, Foodler, Olo, Pizza Hut, Snapfinger, Yemeksepeti, and Zomato.
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Commenting on the report, an analyst from our team said: “The perception of fast food being unhealthy is deep-rooted in the consumers’ mind, which in turn makes them skeptical about fast food. Consumers prefer other nutritious food restaurants over fast food while ordering online or for takeaway. This makes fast food operators lose their market share, and if this continues over a period of time, fast food restaurants will be left behind in the competition. Many QSRs have thus introduced nutritious and healthy meals in their menu. They often serve half or full size salads containing fruits and fresh vegetables. This not only removes the perception of fast food always being unhealthy but also attempts to increase its customer base. This trend is expected to affect the market in a positive way.”
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According to the report, funding from investors will be a key driver for market growth. Funding is a common phenomenon in this market. Online takeaway operator, Just Eat, experienced robust growth in 2015 as its orders rose by 50%. This rise in the number of orders was aided by the acquisition of the French business Alloresto.fr and the Mexican subsidiary Sindelantal.mx that have been possible with funds from investors such as 83North, Index Ventures, and Redpoint. With financial aid from investors, the online food aggregators are performing well, showcasing robust growth, and acquiring their competitors when necessary. For instance, Just Eat acquired La Nevera Roja.com in 2016 and Menulog in 2015.
Further, the report states that one of the major challenges faced by restaurants is the requirement for a large labor force. This market requires a large number of skilled laborers to operate smoothly in various sectors such as delivering, order taking, and procurement of food items. However, the availability of many growth opportunities and career options in the foodservice industry has made it very difficult for companies to retain trained, experienced, and skilled workers and has reduced the labor turnover ratio. The labor-intensive nature of the foodservice industry is inhibiting the growth of the delivery and takeaway food market. To avoid workforce issues, the delivery and takeaway players are using part-time employees, mainly college-going teenagers, to fulfill their delivery schedules in major markets.
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. For further information on this report, please visit-https://marketreportscenter.com/reports/383348/global-delivery-and-takeaway-food-market-2016-2020
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