Takeaway Food Delivery Market: Focus on Online Channel 2014-19

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ResearchMoz Now Offers Report Titled ‘Takeaway Food Delivery Market: Focus on Online Channel (2014-19)’

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ResearchMoz.us, a leading provider of custom and syndicated research reports, has announced the addition of its latest report titled ‘Takeaway Food Delivery Market: Focus on Online Channel (2014-19)’. With takeaway food orders being increasingly decided and placed online using smartphones, tablets and desktop computers, this report tells market players where the opportunities lie and how to harness the maximum potential of these opportunities. The 62-page report features in-depth analyses complete with a number of tables and graphs that contain reliable market figures.

To Browse a Full Report with Toc: http://www.researchmoz.us/takeaway-food-delivery-market-focus-on-online-channel-2014-19-report.html

Today, takeaway food delivery has become commonplace among people who do not have the time or inclination to cook a meal at home. While busy lifestyles are the reason for this change to a large extent, another reason for the penetration of the takeaway food culture is a higher disposable income and the proliferation of single or two-person households where cooking a full meal is not often on the list of daily priorities or chores. In such a scenario, takeaway food delivery fits the bill because it is a convenient way to dine, with an array of options at consumers’ disposal.

The report offers a brief overview of each of the key types of takeaway food order channels such as: online portals that aggregate takeaway food sources, restaurant chains with online ordering services, walk-in takeaway services by local restaurants, as well as telephone-based orders for takeaway food or home deliveries. The report states that the growth in the global takeaway food delivery market is reportedly faster than the growth rate of the global GDP. The segment of online food orders is the fastest growing within the larger takeaway food delivery market. This has been possible because of the growing penetration and use of e-commerce services and a higher number of consumers now using smartphones and tablets for browsing through menus and placing orders.

Another key trend that the report notes is a gradual shift from telephone-based orders. As telephone-based orders dwindle, a parallel rise in the number of online orders is being recorded. Internet and smartphone savvy consumers are now using these two tools to place orders for takeaway meals. The preference for placing orders online has grown because online channels orders the convenience of reading reviews before placing an order, browsing through the full menu on the screen, and the availability of a wide variety of restaurant and cuisine choices at the consumer’s fingertips. Most importantly, placing an order online offers flexibility of payment; the consumer can either pay online via credit or debit cards or they can choose the cash-on-delivery option. The report analyzes online food ordering services such as Delivery Hero, GrubHub, Just Eat, and Takeaway.co. This business model works thus: Restaurants offering takeaway services sign a contract with online aggregators to join the latter’s websites. This allows consumers to access the menus of takeaway restaurants, putting restaurants in with a chance to receive orders online. Online aggregators receive a commission from the restaurant for every order placed with the former’s portal.

All Reports of this Category Here: http://www.researchmoz.us/food-market-reports-118.html

The takeaway food delivery market is studied from the regional standpoint as well. The report finds that the United States is the largest takeaway food market, and is followed by other large markets such as the UK, Spain, Italy, France, Canada, Brazil and a few other markets. One of the major milestones in the takeaway food delivery market was when Delivery Hero acquired Germany-based Lieferheld and UK-based hungryhouse in 2012. GrubHub’s consolidation with Seamless made it the largest company in the takeaway food delivery market (online) in 2013. The report notes that factors such as rising internet usage, high demand for takeaways in developing countries and increasing urbanization have all contributed to the growth of the takeaway food delivery market.

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