The takeout dinner market size is likely to grow with an estimated CAGR of 7% from 2023 to 2033. The market share is likely to be worth USD 250.9 billion in 2023. Rising high demand for takeout dinners due to the increase in urbanization, fast food chains & takeout dinner trends are anticipated to generate huge revenue of USD 514.7 billion by 2033.
Increasing in multi-culture population, online media, industry consolidation & rising consumers are generating demand for takeout dinner during the forecast period from 2023 to 2033.
Changes in eating habits and busy schedules have created the demand for takeout dinner food industry during the forecast period.
Moreover, the companies are adopting differential marketing strategies to provide a better meal for the customers. Therefore, the effective supply of food in the restaurant is likely to increase the sales of takeout dinner for the end-users.
The market trends for the takeout dinner are likely to grow as people wish to eat a fancy dinner with the standard quality of hygiene food, leading to boost the market growth during the forecast period from 2023 to 2033.
The consumers are likely to take out dinner in huge quantity as compared to breakfast & lunch as after a long work in the office, tired of cooking leads to generate more consumers to rises the takeout dinner adoption trends. The light of the city found a peaceful environment to serve their favorite food, which is estimated to boost the takeout dinner market size.
Takeout dinner during any celebrations such as birthdays, anniversaries, wedding functions, and other celebrations leads to an increase in the market trends during the forecast period.
This factor generates a huge amount of revenue & rises the takeout dinner market statistics as the adoption of takeout dinner is anticipated to raise the plenty of consumers enjoying late-night food.
The takeout dinner continues to progress & highlights the market growth of the takeout dinner in the coming year as restaurants. Hotels are focusing on the quality of food to acquire the lion's share in the market during the forecast period from 2020 to 2032.
However, rising the number of takeout food consumption can affect consumers' health, which can hinder the demand for takeout dinners in the coming forecast period.
| Attributes | Details |
|---|---|
| Takeout Dinner Market CAGR (2023-2033) | 7% |
| Takeout Dinner Market Size (2023) | USD 250.9 billion |
| Takeout Dinner Market Size (2033) | USD 514.7 billion |
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The various business chain is the key dynamic contributor to the takeout dinner market trends & opportunities. They provide various food services such as chain food service, and independent food service which is estimated to rise in the demand for takeout dinner.
The market provides the food direct to the consumer & also likely to acquire a place to consume the food in a healthy environment which is likely to increase the sales of takeout dinner during the forecast period from 2023 to 2033.
The digital transfer of money and paying digitally are common nowadays when placing an order of any food or commodity, there it is one of the initiative factors which generate the trends of paying online to increase the demand for takeout dinner.
All these are the key dynamic factor that helps to contribute to the takeout dinner market's future trends during the forecast period.
Based on nature, the non-vegetarian segment is likely to dominate the market by acquiring 65.9% of the share during the forecast period from 2023 to 2033.
The other two segments, such as vegetarian, hold a 25.3% share in the market & vegan holds the least 8.8% in the takeout dinner market share during the forecast period.
In comparison, the non-vegetarians boost the adoption of takeout dinners and are likely to raise the revenue in the coming forecast period.
As per the FMI report, the market trends of the takeout dinner are anticipated to enlarge the business during the forecast period from 2023 to 2033.
Based on cuisine, among all the segments, such as Thai, Italian, Chinese, Japanese, Mexican, Indian, Greek, American, and others, Thai food is likely to dominate the takeout food market analysis during the forecast period.
Thai food is widely demanded by end-user as it is one of the healthy food among all the others. It also helps to recover your body faster, which is anticipated to raise future trends.
This anti-inflammatory food is made up of strong and organic spices such as turmeric and ginger, which is anticipated to rise in the healthy food consciousness among end-users & likely to boost the takeout dinner statistics.
Thai cuisine is likely to grow the sales of takeout dinners in the coming year.
Principal Consultant
East Asia is likely to hold a prominent market share of 26.9% of the market share in the forecast period 2023 to 2033. The rising disposable income and urbanization are expected to increase the demand for takeout dinners in the region.
North America is anticipated to boost the market statistics of the takeout dinner niche after East Asia in the adoption of the takeout dinner. According to the market survey, North America is likely to hold 25% of the share.
Several industries are likely to enlarge their business in the takeout facilities of food with good packing of the food items. Therefore, the takeout dinner market opportunities are likely to lead the market.
The Europe region is in a queue with a share of 23.1% in this niche all around the region & places 3rd position after East Asia & North America during the forecast period from 2023 to 2033.
Other regions, such as Latin America and South Asia, are also likely to raise the market in the adoption of takeout dinners during the coming year.
Manufacturer companies are adopting new technologies in the adoption of takeout dinner to seek the attention of regular as well as ordinary consumers with high-quality food, which increases the sales of takeover dinners during the forecast period from 2023 to 2033.
Some of the key players in the market are: Eat Holding Limited, Delivery Hero Holding, Foodpanda, Domino's Pizza Inc., Pizza Hut Inc, Zomato Media Private Limited, Snapfinger, Grubhub, Takeaway.com Holding B.V, Foodler Inc., and others are likely to boost the adoption of takeout dinner in the coming forecast period.
Recent Developments in the Takeout Dinner Market
In the year 2018, the iFood.com company expanded its business to raise the expansion of food & related items which rises & strengthens the market position.
In October 2021, burger king release its new food product in the United States, which is plant-based, known as Impossible Nuggets, which is likely to rise the adoption of takeout dinners in the country.
Papa John’s deals with Sun Holding to open nearly 100 new stores in Texas. It can be done by 2029, which rises the market statistics in the coming year.
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The takeout dinner market is valued at USD 250.9 billion in 2023.
India, Japan, and China dominate the Asian market.
Players opt for partnerships with restaurants and food delivery platforms.
The key players in the takeout dinner market are Grubhub, DoorDash, and Uber Eats.
The ready-to-eat meals segment is likely to remain preferred through 2033.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Nature 5.1. Vegetarian 5.2. Non Vegetarian 5.3. Vegan 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Payment Type 6.1. Cash 6.2. Debit Cards 6.3. Credit Cards 6.4. Digital Wallets 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Cuisine Type 7.1. Thai 7.2. Italian 7.3. Chinese 7.4. Japanese 7.5. Indian 7.6. Mexican 7.7. Greek 7.8. American 7.9. Others 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Business Type 8.1. Chain Food Service 8.2. Independent Food Service 9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Purchase Model 9.1. Direct to Consumer 9.2. Platform to Consume 10. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 10.1. North America 10.2. Latin America 10.3. Western Europe 10.4. Eastern Europe 10.5. South Asia and Pacific 10.6. East Asia 10.7. Middle East and Africa 11. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 14. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 15. South Asia and Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 16. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 17. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 18. Key Countries Market Analysis 19. Market Structure Analysis 20. Competition Analysis 20.1. Dominos 20.2. Delivery.com 20.3. Yemeksepeti 20.4. Foodler 20.5. Snapfinger 20.6. Grubhub 20.7. Pizza Hut 20.8. Takeaway.com 20.9. Foodpanda 20.10. Olo 20.11. Delivery Hero 20.12. Zomato 21. Assumptions & Acronyms Used 22. Research Methodology
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Takeout Dinner Market
