UK food to go market to reach £21.7bn value in 2020
The study found that the top 10 leading brands in the sector, including Greggs, McDonald’s and Pret A Manger, now account for 33.6% of sales.
Food to go continues to outperform the wider eating out market, with growth being driven by foodservice operators.
Among the top 10 brands foodservice players grew their sales by 5.6% in 2019, while grocery operators saw sales rise just 0.7%.
The research also found that consumers with dietary requirements spend 35% more on food to go than the average purchase, presenting an opportunity for brands to capitalise on the demand.
“There is a significant £1.8bn prize forecast for the food to go market over the next three years,” says Blonnie Walsh, head of insight at MCA Insight & HIM.
“Increased use of technology to improve ordering speed and ease, greater demand for product customisation to suit specific needs and the continued impact of health and dietary requirements are all playing a part.
“However, the sector will not avoid the challenges facing the wider eating out market, with slowing physical expansion, falling high street footfall, more home working and the continued rise of Foodservice delivery all impacting consumer behaviour.”
For more information and to find out how you can access the MCA Insight & HIM UK Food To Go Market Report 2020, contact MCA through their website.