Online Food Delivery And Takeaway Market Analysis by Size, Share Trends, Future Growth, Emerging Trends, Qualitative Outlook – Global Forecast 2022 to 2031

Kenneth Research recently released a report titled Online Food Delivery And Takeaway Market which gives comprehensive insights into the current market environment. The report also offers an in-depth analysis of the market on the basis of size, volume, and compound annual growth rate (CAGR) during the forecast period, i.e., 2022-2031.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Online Food Delivery And Takeaway Market products.

 The Final Report will cover the impact analysis of COVID-19 on this industry:

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A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the analysis of Global Online Food Delivery and Takeaway Market. The report analyzes the Global Online Food Delivery and Takeaway Market By Order Type (Delivery, Takeaway & Dine-in). The report analyses the online food delivery market By Region (North America, Europe, APAC, ROW) and By Country (US, Canada, UK, Italy, Spain, France, Netherlands, China, Japan, India, Australia, Brazil, UAE) for the historical period of 2014-2018 and the forecast period of 2019-2024.

According to the research report published by Azoth Analytics in September 2019, the Global Online Food Delivery and Takeaway Market was valued at USD 53578.5 million the year 2018. Globally, the growth in the market for Online Food Delivery and Takeaway has been chiefly supported by ever increasing youth population with growing internet penetration in most of the countries around the world backed with escalating smartphone users and enhanced number of consumers opting online delivery platforms due to convenience and ease of delivery at their doorstep. The Global Online Food Delivery and Takeaway Market is projected to display a robust growth represented by a CAGR of 16.46% during 2019 – 2024.

Global Online Food Delivery and Takeaway market has been witnessing growth at a noteworthy rate over the past few years owing to escalating population growth with changing lifestyle and preferences of consumers with growing number of consumers preferring to try new cuisines from around the world. Also, the online platforms are offering various promotional offers and cashbacks that will be propelling the market for Online Food Delivery and Takeaway during the coming years. Amongst the regions, North America accounts for the largest regional share in the Global Online Food Delivery and Takeaway Market in 2019.

Key factors driving the robust growth rate in North America include presence of major leading Online Food Delivery and Takeaway companies such as Ubereats, JustEat, GrubHub, Domino’s among others. These players are focusing on expanding their reach in the region, offering timely delivery to customers and partnering up with more restaurants to offer variety of food products to consumers, thereby infusing growth in the Online Food Delivery and Takeaway Market.

Scope of the Report

Global Online Food Delivery and Takeaway Market (Actual Period: 2014-2018, Forecast Period: 2019-2024)
• Global Online Food Delivery and Takeaway Market – Size, Growth, Forecast
• By Order Type, By value – Delivery, Takeaway, Dine-In

Regional Markets – North America, Europe, APAC, Rest of the World (Actual Period: 2014-2018, Forecast Period: 2019-2024)
• Regional Online Food Delivery and Takeaway Market – Size, Growth, Forecast
• By Order Type, By value – Delivery, Takeaway, Dine-In

Country Analysis – US, Canada, UK, Italy, Spain, France, Netherlands, China, Japan, India, Australia, Brazil, UAE
• Online Food Delivery and Takeaway Market – Size, Growth and Forecast
• By Order Type, By value – Delivery, Takeaway, Dine-In

Other Report Highlights
• Market Dynamics – Drivers and Restraints
• Market Trends
• SWOT Analysis
• Competitive Landscape
• Company Analysis – Delivery Hero Holding GmbH, Foodpanda GmbH, Just Eat Holding Ltd, Takeaway.com N.V., Grubhub Inc, Domino’s Pizza Inc, Pizza Hut Inc, Foodler Inc, Deliveroo, Ubereats

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Kenneth Research provides scheduled syndicated reports that help industry professionals and organizations decipher market trends to take significant decisions and plan strategies. We cater to a wide range of industries including healthcare & pharmaceuticals, ICT & telecom, automotive & transportation, energy & power, chemicals, FMCG & food, aerospace & defense, among others. Our research team ensures to track and analyze the industry on a regular basis to offer strategic business consultancy services on a global level. We, at Kenneth Research, are adept at capturing descriptive insights on crucial topics to help our clients make their informed decisions.

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