(MENAFN- America News Hour) Global Online Food Delivery & Takeaway Market valued approximately USD XX billion in 2017 is anticipated to grow with a healthy growth rate of more than 16.20% over the forecast period 2018-2025The Online Food Delivery & Takeaway Market is continuously growing across the world over the coming yearsThe major driving factor of global Online Food Delivery & Takeaway market are access to variety of food at one virtual marketplace & option to pay online and growing demand for hygiene fast foodsMoreover, increasing hectic work schedule, congested metropolitan cities, easy access to internet and increasing smartphone penetration are some other major factor that impelling the market growth in online food delivery & takeawayThe major restraining factor of global online food delivery & takeaway are barrier to entry because of high logistical complexities and tedious development and implementation of systems that accept order onlineOnline food delivery is the process of food delivery or takeout from a local restaurant or food cooperative through a webpage or appThere are many key benefit of online food delivery & takeaway such as makes the order processing easier, keeping the cost transparent, it reduces the human errors which ca be checked before ordering, you can monitor your expenses incurred in real time, it also establishes low cost marketing and it makes order processing simply using their mobile from their homes or workplace very easily.
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The regional analysis of Global Online Food Delivery & Takeaway Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the WorldNorth America is the leading/significant region across the world in terms of market share owing to presence of large numbers of online food service companies and high consumer interest towards fast foodEurope also contributes a satisfactory growth in the global Online Food Delivery & Takeaway market*Asia-Pacific is also anticipated to exhibit higher growth rate / CAGR over the forecast period 2018-2025 due to rising application of E-commerce, growing convenience meal consumption and increasing disposable income.Online Food Delivery & Takeaway Market
The major market player included in this report are:
*Delivery Hero Holding GmbH
*Foodpanda GmbH
*Just Eat Holding Ltd.
*Takeaway.com N.V.
*Grubhub Inc.
*Domino's Pizza Inc.
*Snapfinger Inc.
*Pizza Hut Inc.
*Foodler Inc.
*Mabo system Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight yearsThe report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the studyFurthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the marketAdditionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key playersThe detailed segments and sub-segment of the market are explained below:
By Order Type:
*Delivery
*Takeout
By Regions:
*North America
o U.S.
o Canada
*Europe
o UK
o Germany
*Asia Pacific
o China
o India
o Japan
*Latin America
o Brazil
o Mexico
*Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 to 2025
Target Audience of the Global Online Food Delivery & Takeaway Market in Market Study:
*Key Consulting Companies & Advisors
*Large, medium-sized, and small enterprises
*Venture capitalists
*Value-Added Resellers (VARs)
*Third-party knowledge providers
*Investment bankers
*Investors
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Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and OthersOur portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many moreOur research experts deliver the offerings efficiently and effectively within a stipulated time*The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation
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