The global online takeaway food market was valued at US$ 9.21 billion in 2018, according to Online Takeaway Food Market Report, by Service Type (Restaurant-controlled, Independent, Food Cooperatives, and Mobile Apps), and by Region (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa), published by Coherent Market Insights.

The global online takeaway food market is expected to reach US$ 29.94 billion by 2027, exhibiting a CAGR of 14.0% during the forecast period (2019-2027). The market for online takeaway food is majorly driven by increasing consumer inclination towards healthy living. Rising awareness towards healthy eating is forcing online food service companies to offer healthier options in their food menu. According to the Global Wellness Institute, in 2015, the global wellness economy accounted for US$ 3.7 trillion market, which increased to US$ 4.2 trillion market by the end of 2017. The market includes the healthy eating, nutrition and weight loss sector, which accounted for US$ 702 billion of total global wellness economy in 2017.

However, stringent government regulations on online takeaway food and its related safety are expected to hamper growth of the global online takeaway food market during the forecast period. For instance, in July 2018, a consumer complaint was recorded against major online food delivery players such as Swiggy, Zomato, Uber Eats, Lime Tray, and Foodpanda for delivering low quality food. Therefore, the Food Safety and Standards Authority of India (FSSAI) asked these companies to delist their unlicensed restaurants in the same month that year. Similar regulations imposed by various government organizations is expected hamper the growth of the global market during the forecast period.

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Browse 50 market data tables* and 40 figures* on "Online Takeaway Food Market” - Global forecast to 2027.

Key Trends and Analysis of the Online Takeaway Food Market:

  • Key players in online takeaway food market are focusing on offering advanced technology in online takeaway food, in order to strengthen their market position. These innovations are further expected to drive the growth of the global online takeaway food market over the forecast period. For instance, in October 2019, Uber Eats unveiled the design for its food delivery drone, which is planned to be tested for food delivery in San Diego, U.S. towards the end of 2020. This innovative rotating wings is designed with six rotors and is expected to be officially launched in the year 2023.

Key Takeaways of the Market:

  • Key players are focused on key marketing strategies in online takeaway food, which will help in case of expansion of the company. For instance, in 2017, Just Eat plc. started ‘test and learn’ concept. Further, the company began trials to extend its new concept by providing delivery services to certain quick service restaurant (QSR) chains, in order to meet customer needs.
  • Major players operating in the global online takeaway food market include Just Eat plc., GrubHub, Delivery Hero SE, Takeaway.com, Foodpanda, Deliveroo, Uber Eats, Zomato, Swiggy, and LimeTray.
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