More young consumers ordering delivery could be a bad omen for food companies. A new report from UBS predicts that online food delivery could make up 10% of the food services industry by 2030. UBS explains that “Online ordering has started to become the norm,” and Millennials are driving the trend: The demo was three times as likely to order delivery than their parents. Companies that mainly sell ingredients or ready-made meals will have to “redirect, or at least diversify, sales to new avenues of growth” to survive the shift to online ordering. (Business Insider)
Reports and Webinars are limited to the Region terms of your Pro and Prime subscription, as shown in “Purchased Regions”.
- To filter all content types to individual Region(s) you have purchased, apply your Region(s) under “Purchased Regions.”
Articles, Video Updates, and News across all Regions are open to all Pro and Prime subscribers.
- To see this content for any Region, use the “Content Filter”.
