Packaged Facts predicts US food carryout and delivery market to grow 5.1%/year on average through 2028, driven by convenience, busy schedules; AI to streamline ordering process, while variable/dynamic pricing could become commonplace

CLEVELAND OH, April 9, 2024 – According to Packaged Facts’ new report Food Carryout and Delivery: US Market Trends and Opportunities, the $727 billion food carryout and delivery market is poised for average growth of 5.1% annually through 2028.

Busy schedules and a growing desire for convenience are driving takeout and delivery sales. This Packaged Facts report dives into this growing market, revealing key trends and innovations that will shape how we eat in coming years.

This comprehensive report offers valuable insights for foodservice firms, retailers, packaging companies, and investors. Here's a taste of what you'll find inside:

• Why Convenience Reigns Supreme: Explore the factors fueling food takeout and delivery, including the rise of busy lifestyles and the desire for a hassle-free dining experience.

• Labor Shortages Drive Innovation: Discover how staffing challenges are pushing restaurants to embrace takeout and delivery.

• Tech Revolutionizes Ordering: Learn how online and mobile ordering are transforming the industry. The report delves into how restaurants and retailers are leveraging data and apps to personalize promotions, shorten wait times, and improve efficiency.

• A Glimpse into the Future: Get ready for robots, drones, and self-driving cars delivering your food! The report explores these emerging technologies and their potential impact on takeout and delivery.

• AI Streamlining the Ordering Process: Imagine AI taking your order, upselling based on your preferences, and even recommending menu items to reduce restaurant food waste. This report explores the exciting possibilities of artificial intelligence in the foodservice industry.

• Dynamic Pricing for Takeout and Delivery Deals: Variable/dynamic pricing could become commonplace, offering discounts during off-peak hours or incentivizing orders of specific menu items. This could create a win-win situation for both restaurants and customers.

• Sustainable Packaging: Consumers are increasingly concerned about the environment. The report examines the demand for sustainable and functional packaging solutions for takeout and delivery.

• Understanding Your Customer: Learn how age groups differ in their takeout and delivery preferences. The report provides valuable insights for businesses to better cater to specific demographics.

The report has dozens of tables showcasing numerical survey data on consumer demographics and psychographics and numerous marketing photographs. This report goes in-depth on COVID-19 and inflation trends that have affected the food and beverage market.

The reasons for and implications of shifts in consumer perception and behavior are analyzed in the context of future market opportunities.

For more information, see the Food Carryout and Delivery: US Market Trends and Opportunities report page.

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