Take-away – food Market Analysis Forecasts to 2020 July 2016 | Page 2

Global Food Delivery Market Report : 2016 Edition " The term " take-out " or “ take-away ” food , describe a way of eating restaurant food outside the restaurant or a growing variety of prepared foods that consumers purchase from a food stands and drive-in locations . The delivery format , packaging , and types of food vary greatly among different locations , ranging from hamburgers to expensive gourmet , but all may be categorized as take-away food because of this offpremise consumption .

Take-out food is often viewed as synonymous with fast food . The concept of take-out food and the practice of buying prepared foods for consumption elsewhere date to very old times , but the popularity have only heated up in the recent decades . Rapidly growing order-and-pay apps , third-party online ordering and delivery services make ‘ fine dining from home ’ easier than ever and , in some cases , " dining out " a thing of the past . App-only services that deliver food from different restaurants , food trucks and joints have transformed the way food delivery was once viewed and interpreted .
The key factors which are anticipated to drive this food delivery market include growing urbanization , increased usage of internet worldwide , growing household consumption expenditure and rising use of mobile internet in emerging markets . Some of the noteworthy trends of this industry include positive tailwinds in emerging markets , rapid online adoption driven by smartphone usage , high usage of online portals by youngsters and overall market consolidation . However , the growth of respective industry is challenged by seasonality of demand and difficulty for new entrants .
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