According to international research organisation, IGD, who conducted the research, it suggested that food-to-go specialists would experience the fastest growth in the next few years.
Gavin Rothwell, head of food-to-go at IGD, said: “The food-to-go market remains a strong growth opportunity that continues to provide a great source of inspiration an innovation.
“We’re forecasting solid growth, but this will become harder to come by for operators, retailers and suppliers amid an increasingly competitive landscape. But while growth will slow, we’re expecting it to remain strong as more consumers buy food-to-go more often and as more operators target different types of locations and missions.”
IGD split the market into five segments (food-to-go, quick service restaurants, coffee specialists, convenience and other retailers and supermarkets and hypermarkets), predicting increased fusion between the different sectors as businesses looked to extend into new areas.
Rothwell added: “Across a variety of missions, locations and segments, the food-to-go market remains worthy of considerable focus and attention for those looking to grow food and drink businesses over the next five years.”