According to Cognitive Market Research, The Global Lunch Takeout market size is USD 216.8 billion in 2023 and will expand at a compound annual growth rate (CAGR) of 6.20% from 2023 to 2030.
North America Lunch Takeout held the major market share in 2023. It accounted for more than 40% and a CAGR of 5.0% of the global revenue in 2023.
European Lunch Takeout market accounted for approximately 30% and a CAGR of 5.2% of the global revenue in 2023.
Asia Pacific Lunch Takeout held a considerable market share in 2023, accounting for more than 22% and a CAGR of 7.5% of the global revenue in 2023.
Latin America Lunch Takeout accounted for more than 5% and a CAGR of 6.0% of the global Lunch Takeout revenue in 2023.
Middle East and Africa Lunch Takeout accounted for more than 3.00% and a CAGR of 6.1% of the global revenue in 2023.
The demand for Lunch Takeout is rising due to the growing concerns about safety and hygiene.
Demand for cash remains higher in the Lunch Takeout market.
The quick-service restaurant category held the highest Lunch Takeout market revenue share in 2023.