The delivery market is predicted be worth £12.6bn in 2024, with consistent robust growth from 2022 onwards, according to Lumina Intelligence's new UK Foodservice Delivery Market Report 2021.
The market will benefit from both a supply side growth in branded outlets offering delivery, plus a boost from dark kitchens and virtual delivery operations.
However, operators will need to leverage pandemic-driven consumer delivery habits to ensure behaviour is habitual rather than an occasional indulgent treat.
The study showed that the food delivery market grew £3.7bn in 2020, reaching £11.4bn – double its 2015 market value – as it benefitted from being one of the few routes to market available through the height of the pandemic restrictions.
The delivery market includes the following in this report: restaurants, fast food sites, pubs, coffee shops, and cafes.
(source: Luminar Intelligent, image: pexels)