Food Away From Home Market

Food Away From Home Market Size & Overview – Key Insights & Forecast

Base Year: 2022 Historical Data: 2019-21
  • Report ID: TBI-13399
  • Published Date: Apr, 2023
  • Pages: 238
  • Category: Consumer Goods
  • Format: PDF
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Market Introduction

The global food away from home market is expected to reach USD 5.4 trillion by 2032, at a CAGR of 2.4% during the forecast period 2023 to 2032. Asia Pacific is expected to grow the fastest during the forecast period.

The worldwide food away from home market is seeing significant value growth due to the increased global population, more disposable income, rising junk food chain penetration, the increased popularity of cloud kitchens, and changes in consumer food tastes. Furthermore, as fast-food chains become more prevalent in developing countries, the worldwide FAFH market is expected to expand significantly over the forecast period. Prominent worldwide fast-food corporations such as Yum Brands, Subway, McDonald's, Dunkin' Donuts, and KFC rapidly increase their market share in nations such as India, Brazil, Indonesia, and China. The fast-food restaurant business is expected to grow in popularity in the coming years as rural areas become more urbanized. Furthermore, growth in women's employment, rising disposable income, a busy and chaotic lifestyle, and easy availability of the desired junk food are the key factors expected to boost consumer demand for fast food.

Food Away From Home Market Size

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Latest Development

  • In March 2022, Eat Takeaway.com, Europe's leading online food ordering service delivery, announced a deal with McDonald's to expand delivery.
  • In October 2021, Uber Technologies Inc. acquired Drizly, and the two businesses will begin combining their complementing delivery applications and services. The purchase price was roughly USD 1.1 million, including around 18.7 million newly issued shares of Uber common stock and cash.

1. Introduction
    1.1. Objectives of the Study
    1.2. Market Definition
    1.3. Research Scope
    1.4. Currency
    1.5. Key Target Audience

2. Research Methodology and Assumptions

3. Executive Summary

4. Premium Insights
    4.1. Porter’s Five Forces Analysis
    4.2. Value Chain Analysis
    4.3. Top Investment Pockets
          4.3.1. Market Attractiveness Analysis by Delivery Model
          4.3.2. Market Attractiveness Analysis by Application
          4.3.3. Market Attractiveness Analysis by Region
    4.4. Industry Trends

5. Market Dynamics
    5.1. Market Evaluation
    5.2. Drivers
          5.2.1. Hectic Schedule
    5.3. Restraints
          5.3.1. Expensive
    5.4. Opportunities
          5.4.1. Rising Popularity of Cuisines
    5.5. Challenges
          5.5.1. Quality May Suffer

6. Global Food Away From Home Market Analysis and Forecast, By Delivery Model
    6.1. Segment Overview
    6.2. Dine In
    6.3. Home Delivery
    6.4. Take Away

7. Global Food Away From Home Market Analysis and Forecast, By Application
    7.1. Segment Overview
    7.2. Restaurants
    7.3. Hotels and Motels
    7.4. Schools and Colleges
    7.5. Retail Stores and Vending
    7.6. Others

8. Global Food Away From Home Market Analysis and Forecast, By Regional Analysis
    8.1. Segment Overview
    8.2. North America
          8.2.1. U.S.
          8.2.2. Canada
          8.2.3. Mexico
    8.3. Europe
          8.3.1. Germany
          8.3.2. France
          8.3.3. U.K.
          8.3.4. Italy
          8.3.5. Spain
    8.4. Asia-Pacific
          8.4.1. Japan
          8.4.2. China
          8.4.3. India
    8.5. South America
          8.5.1. Brazil
    8.6. Middle East and Africa
          8.6.1. UAE
          8.6.2. South Africa

9. Global Food Away From Home Market-Competitive Landscape
    9.1. Overview
    9.2. Market Share of Key Players in Global Food Away From Home Market
          9.2.1. Global Company Market Share
          9.2.2. North America Company Market Share
          9.2.3. Europe Company Market Share
          9.2.4. APAC Company Market Share
    9.3. Competitive Situations and Trends
          9.3.1. Product Launches and Developments
          9.3.2. Partnerships, Collaborations, and Agreements
          9.3.3. Mergers & Acquisitions
          9.3.4. Expansions

10. Company Profiles
    10.1. Chipotle Mexican Grill
          10.1.1. Business Overview
          10.1.2. Company Snapshot
          10.1.3. Company Market Share Analysis
          10.1.4. Company Product Portfolio
          10.1.5. Recent Developments
          10.1.6. SWOT Analysis
    10.2. Yum Brands, Inc.
          10.2.1. Business Overview
          10.2.2. Company Snapshot
          10.2.3. Company Market Share Analysis
          10.2.4. Company Product Portfolio
          10.2.5. Recent Developments
          10.2.6. SWOT Analysis
    10.3. Darden Concepts, Inc.
          10.3.1. Business Overview
          10.3.2. Company Snapshot
          10.3.3. Company Market Share Analysis
          10.3.4. Company Product Portfolio
          10.3.5. Recent Developments
          10.3.6. SWOT Analysis
    10.4. Jubilant FoodWorks Limited
          10.4.1. Business Overview
          10.4.2. Company Snapshot
          10.4.3. Company Market Share Analysis
          10.4.4. Company Product Portfolio
          10.4.5. Recent Developments
          10.4.6. SWOT Analysis
    10.5. Sysco Corporation
          10.5.1. Business Overview
          10.5.2. Company Snapshot
          10.5.3. Company Market Share Analysis
          10.5.4. Company Product Portfolio
          10.5.5. Recent Developments
          10.5.6. SWOT Analysis
    10.6. Zensho Holdings Co., Ltd.
          10.6.1. Business Overview
          10.6.2. Company Snapshot
          10.6.3. Company Market Share Analysis
          10.6.4. Company Product Portfolio
          10.6.5. Recent Developments
          10.6.6. SWOT Analysis
    10.7. Compass Group PLC
          10.7.1. Business Overview
          10.7.2. Company Snapshot
          10.7.3. Company Market Share Analysis
          10.7.4. Company Product Portfolio
          10.7.5. Recent Developments
          10.7.6. SWOT Analysis
    10.8. SSP Group Plc
          10.8.1. Business Overview
          10.8.2. Company Snapshot
          10.8.3. Company Market Share Analysis
          10.8.4. Company Product Portfolio
          10.8.5. Recent Developments
          10.8.6. SWOT Analysis
    10.9. Burger King Corporation
          10.9.1. Business Overview
          10.9.2. Company Snapshot
          10.9.3. Company Market Share Analysis
          10.9.4. Company Product Portfolio
          10.9.5. Recent Developments
          10.9.6. SWOT Analysis
    10.10. Bid Corporation
          10.10.1. Business Overview
          10.10.2. Company Snapshot
          10.10.3. Company Market Share Analysis
          10.10.4. Company Product Portfolio
          10.10.5. Recent Developments
          10.10.6. SWOT Analysis
    10.11. Aramark
          10.11.1. Business Overview
          10.11.2. Company Snapshot
          10.11.3. Company Market Share Analysis
          10.11.4. Company Product Portfolio
          10.11.5. Recent Developments
          10.11.6. SWOT Analysis
    10.12. SATS Ltd.
          10.12.1. Business Overview
          10.12.2. Company Snapshot
          10.12.3. Company Market Share Analysis
          10.12.4. Company Product Portfolio
          10.12.5. Recent Developments
          10.12.6. SWOT Analysis
    10.13. Sodexo
          10.13.1. Business Overview
          10.13.2. Company Snapshot
          10.13.3. Company Market Share Analysis
          10.13.4. Company Product Portfolio
          10.13.5. Recent Developments
          10.13.6. SWOT Analysis

List of Table

1. Global Food Away From Home Market, By Delivery Model, 2019-2032 (USD Trillion)

2. Global Dine In, Food Away From Home Market, By Region, 2019-2032 (USD Trillion) 

3. Global Home Delivery, Food Away From Home Market, By Region, 2019-2032 (USD Trillion) 

4. Global Take Away, Food Away From Home Market, By Region, 2019-2032 (USD Trillion) 

5. Global Food Away From Home Market, By Application, 2019-2032 (USD Trillion)

6. Global Restaurants, Food Away From Home Market, By Region, 2019-2032 (USD Trillion)

7. Global Hotels and Motels, Food Away From Home Market, By Region, 2019-2032 (USD Trillion)

8. Global Schools and Colleges, Food Away From Home Market, By Region, 2019-2032 (USD Trillion)

9. Global Retail Stores and Vending, Food Away From Home Market, By Region, 2019-2032 (USD Trillion)

10. Global Others, Food Away From Home Market, By Region, 2019-2032 (USD Trillion)

11. North America Food Away From Home Market, By Delivery Model, 2019-2032 (USD Trillion)

12. North America Food Away From Home Market, By Application, 2019-2032 (USD Trillion)

13. U.S. Food Away From Home Market, By Delivery Model, 2019-2032 (USD Trillion)

14. U.S. Food Away From Home Market, By Application, 2019-2032 (USD Trillion)

15. Canada Food Away From Home Market, By Delivery Model, 2019-2032 (USD Trillion)

16. Canada Food Away From Home Market, By Application, 2019-2032 (USD Trillion)

17. Mexico Food Away From Home Market, By Delivery Model, 2019-2032 (USD Trillion)

18. Mexico Food Away From Home Market, By Application, 2019-2032 (USD Trillion)

19. Europe Food Away From Home Market, By Delivery Model, 2019-2032 (USD Trillion)

20. Europe Food Away From Home Market, By Application, 2019-2032 (USD Trillion)

21. Germany Food Away From Home Market, By Delivery Model, 2019-2032 (USD Trillion)

22. Germany Food Away From Home Market, By Application, 2019-2032 (USD Trillion)

23. France Food Away From Home Market, By Delivery Model, 2019-2032 (USD Trillion)

24. France Food Away From Home Market, By Application, 2019-2032 (USD Trillion)

25. U.K. Food Away From Home Market, By Delivery Model, 2019-2032 (USD Trillion)

26. U.K. Food Away From Home Market, By Application, 2019-2032 (USD Trillion)

27. Italy Food Away From Home Market, By Delivery Model, 2019-2032 (USD Trillion)

28. Italy Food Away From Home Market, By Application, 2019-2032 (USD Trillion)

29. Spain Food Away From Home Market, By Delivery Model, 2019-2032 (USD Trillion)

30. Spain Food Away From Home Market, By Application, 2019-2032 (USD Trillion)

31. Asia Pacific Food Away From Home Market, By Delivery Model, 2019-2032 (USD Trillion)

32. Asia Pacific Food Away From Home Market, By Application, 2019-2032 (USD Trillion)

33. Japan Food Away From Home Market, By Delivery Model, 2019-2032 (USD Trillion)

34. Japan Food Away From Home Market, By Application, 2019-2032 (USD Trillion)

35. China Food Away From Home Market, By Delivery Model, 2019-2032 (USD Trillion)

36. China Food Away From Home Market, By Application, 2019-2032 (USD Trillion)

37. India Food Away From Home Market, By Delivery Model, 2019-2032 (USD Trillion)

38. India Food Away From Home Market, By Application, 2019-2032 (USD Trillion)

39. South America Food Away From Home Market, By Delivery Model, 2019-2032 (USD Trillion)

40. South America Food Away From Home Market, By Application, 2019-2032 (USD Trillion)

41. Brazil Food Away From Home Market, By Delivery Model, 2019-2032 (USD Trillion)

42. Brazil Food Away From Home Market, By Application, 2019-2032 (USD Trillion)

43. Middle East and Africa Food Away From Home Market, By Delivery Model, 2019-2032 (USD Trillion)

44. Middle East and Africa Food Away From Home Market, By Application, 2019-2032 (USD Trillion)

45. UAE Food Away From Home Market, By Delivery Model, 2019-2032 (USD Trillion)

46. UAE Food Away From Home Market, By Application, 2019-2032 (USD Trillion)

47. South Africa Food Away From Home Market, By Delivery Model, 2019-2032 (USD Trillion)

48. South Africa Food Away From Home Market, By Application, 2019-2032 (USD Trillion) 

List of Figures 

1. Global Food Away From Home Market Segmentation

2. Global Food Away From Home Market: Research Methodology

3. Market Size Estimation Methodology: Bottom-Up Approach

4. Market Size Estimation Methodology: Top-Down Approach

5. Data Triangulation

6. Porter’s Five Forces Analysis 

7. Value Chain Analysis 

8. Global Food Away From Home Market Attractiveness Analysis by Delivery Model

9. Global Food Away From Home Market Attractiveness Analysis by Application

10. Global Food Away From Home Market Attractiveness Analysis by Region

11. Global Food Away From Home Market: Dynamics

12. Global Food Away From Home Market Share by Delivery Model (2023 & 2032)

13. Global Food Away From Home Market Share by Application (2023 & 2032)

14. Global Food Away From Home Market Share by Regions (2023 & 2032)

15. Global Food Away From Home Market Share by Company (2022)

This study forecasts global, regional, and country revenue from 2019 to 2032. The Brainy Insights has segmented the global food away from home market based on the below-mentioned segments:

Global Food Away From Home Market By Delivery Model:

  • Dine-in
  • Home Delivery
  • Take Away  

Global Food Away From Home Market By Application:

  • Restaurants
  • Hotels and Motels
  • Schools and Colleges
  • Retail Stores and Vending
  • Others 

Global Food Away From Home Market By Region:

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
  • Asia-Pacific
    • Japan
    • China
    • India
  • South America
    • Brazil
  • Middle East and Africa  
    • UAE
    • South Africa

Methodology

Research has its special purpose to undertake marketing efficiently. In this competitive scenario, businesses need information across all industry verticals; the information about customer wants, market demand, competition, industry trends, distribution channels etc. This information needs to be updated regularly because businesses operate in a dynamic environment. Our organization, The Brainy Insights incorporates scientific and systematic research procedures in order to get proper market insights and industry analysis for overall business success. The analysis consists of studying the market from a miniscule level wherein we implement statistical tools which helps us in examining the data with accuracy and precision. 

Our research reports feature both; quantitative and qualitative aspects for any market. Qualitative information for any market research process are fundamental because they reveal the customer needs and wants, usage and consumption for any product/service related to a specific industry. This in turn aids the marketers/investors in knowing certain perceptions of the customers. Qualitative research can enlighten about the different product concepts and designs along with unique service offering that in turn, helps define marketing problems and generate opportunities. On the other hand, quantitative research engages with the data collection process through interviews, e-mail interactions, surveys and pilot studies. Quantitative aspects for the market research are useful to validate the hypotheses generated during qualitative research method, explore empirical patterns in the data with the help of statistical tools, and finally make the market estimations.

The Brainy Insights offers comprehensive research and analysis, based on a wide assortment of factual insights gained through interviews with CXOs and global experts and secondary data from reliable sources. Our analysts and industry specialist assume vital roles in building up statistical tools and analysis models, which are used to analyse the data and arrive at accurate insights with exceedingly informative research discoveries. The data provided by our organization have proven precious to a diverse range of companies, facilitating them to address issues such as determining which products/services are the most appealing, whether or not customers use the product in the manner anticipated, the purchasing intentions of the market and many others.

Our research methodology encompasses an idyllic combination of primary and secondary initiatives. Key phases involved in this process are listed below:

MARKET RESEARCH PROCESS

Data Procurement:

The phase involves the gathering and collecting of market data and its related information with the help of different sources & research procedures.

The data procurement stage involves in data gathering and collecting through various data sources.

This stage involves in extensive research. These data sources includes:

Purchased Database: Purchased databases play a crucial role in estimating the market sizes irrespective of the domain. Our purchased database includes:

  • The organizational databases such as D&B Hoovers, and Bloomberg that helps us to identify the competitive scenario of the key market players/organizations along with the financial information.
  • Industry/Market databases such as Statista, and Factiva provides market/industry insights and deduce certain formulations. 
  • We also have contractual agreements with various reputed data providers and third party vendors who provide information which are not limited to:
    • Import & Export Data
    • Business Trade Information
    • Usage rates of a particular product/service on certain demographics mainly focusing on the unmet prerequisites

Primary Research: The Brainy Insights interacts with leading companies and experts of the concerned domain to develop the analyst team’s market understanding and expertise. It improves and substantiates every single data presented in the market reports. Primary research mainly involves in telephonic interviews, E-mail interactions and face-to-face interviews with the raw material providers, manufacturers/producers, distributors, & independent consultants. The interviews that we conduct provides valuable data on market size and industry growth trends prevailing in the market. Our organization also conducts surveys with the various industry experts in order to gain overall insights of the industry/market. For instance, in healthcare industry we conduct surveys with the pharmacists, doctors, surgeons and nurses in order to gain insights and key information of a medical product/device/equipment which the customers are going to usage. Surveys are conducted in the form of questionnaire designed by our own analyst team. Surveys plays an important role in primary research because surveys helps us to identify the key target audiences of the market. Additionally, surveys helps to identify the key target audience engaged with the market. Our survey team conducts the survey by targeting the key audience, thus gaining insights from them. Based on the perspectives of the customers, this information is utilized to formulate market strategies. Moreover, market surveys helps us to understand the current competitive situation of the industry. To be precise, our survey process typically involve with the 360 analysis of the market. This analytical process begins by identifying the prospective customers for a product or service related to the market/industry to obtain data on how a product/service could fit into customers’ lives.

Secondary Research: The secondary data sources includes information published by the on-profit organizations such as World bank, WHO, company fillings, investor presentations, annual reports, national government documents, statistical databases, blogs, articles, white papers and others. From the annual report, we analyse a company’s revenue to understand the key segment and market share of that organization in a particular region. We analyse the company websites and adopt the product mapping technique which is important for deriving the segment revenue. In the product mapping method, we select and categorize the products offered by the companies catering to domain specific market, deduce the product revenue for each of the companies so as to get overall estimation of the market size. We also source data and analyses trends based on information received from supply side and demand side intermediaries in the value chain. The supply side denotes the data gathered from supplier, distributor, wholesaler and the demand side illustrates the data gathered from the end customers for respective market domain.

The supply side for a domain specific market is analysed by:

  • Estimating and projecting penetration rates through analysing product attributes, availability of internal and external substitutes, followed by pricing analysis of the product.
  • Experiential assessment of year-on-year sales of the product by conducting interviews.

The demand side for the market is estimated through:

  • Evaluating the penetration level and usage rates of the product.
  • Referring to the historical data to determine the growth rate and evaluate the industry trends

In-house Library: Apart from these third-party sources, we have our in-house library of qualitative and quantitative information. Our in-house database includes market data for various industry and domains. These data are updated on regular basis as per the changing market scenario. Our library includes, historic databases, internal audit reports and archives.

Sometimes there are instances where there is no metadata or raw data available for any domain specific market. For those cases, we use our expertise to forecast and estimate the market size in order to generate comprehensive data sets. Our analyst team adopt a robust research technique in order to produce the estimates:

  • Applying demographic along with psychographic segmentation for market evaluation
  • Determining the Micro and Macro-economic indicators for each region 
  • Examining the industry indicators prevailing in the market. 

Data Synthesis: This stage involves the analysis & mapping of all the information obtained from the previous step. It also involves in scrutinizing the data for any discrepancy observed while data gathering related to the market. The data is collected with consideration to the heterogeneity of sources. Robust scientific techniques are in place for synthesizing disparate data sets and provide the essential contextual information that can orient market strategies. The Brainy Insights has extensive experience in data synthesis where the data passes through various stages:

  • Data Screening: Data screening is the process of scrutinising data/information collected from primary research for errors and amending those collected data before data integration method. The screening involves in examining raw data, identifying errors and dealing with missing data. The purpose of the data screening is to ensure data is correctly entered or not. The Brainy Insights employs objective and systematic data screening grades involving repeated cycles of quality checks, screening and suspect analysis.
  • Data Integration: Integrating multiple data streams is necessary to produce research studies that provide in-depth picture to the clients. These data streams come from multiple research studies and our in house database. After screening of the data, our analysts conduct creative integration of data sets, optimizing connections between integrated surveys and syndicated data sources. There are mainly 2 research approaches that we follow in order to integrate our data; top down approach and bottom up approach.

Market Deduction & Formulation: The final stage comprises of assigning data points at appropriate market spaces so as to deduce feasible conclusions. Analyst perspective & subject matter expert based holistic form of market sizing coupled with industry analysis also plays a crucial role in this stage.

This stage involves in finalization of the market size and numbers that we have collected from data integration step. With data interpolation, it is made sure that there is no gap in the market data. Successful trend analysis is done by our analysts using extrapolation techniques, which provide the best possible forecasts for the market.

Data Validation & Market Feedback: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helps us finalize data-points to be used for final calculations.

The Brainy Insights interacts with leading companies and experts of the concerned domain to develop the analyst team’s market understanding and expertise. It improves and substantiates every single data presented in the market reports. The data validation interview and discussion panels are typically composed of the most experienced industry members. The participants include, however, are not limited to:

  • CXOs and VPs of leading companies’ specific to sector
  • Purchasing managers, technical personnel, end-users
  • Key opinion leaders such as investment bankers, and industry consultants

Moreover, we always validate our data and findings through primary respondents from all the major regions we are working on.

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