The price of convenience: This is how much Irish people spend on takeaways every week
Biggest consumers of takeaways are 25 to 34-years-olds, spending an average of €56.33 per month
Published 12/05/2016 | 12:27
Irish people spend a whopping €19m on takeaways every week.
This amounts to a total of almost €1.5bn on fast food every year, according to the DKM Economic Impact Report by JUST EAT.
Irish takeaway services account for 57pc of the restaurant sector with 2,995 takeaways in Ireland.
The report found that the takeaway sector source almost €700m from Irish suppliers annually and created 29,100 jobs.
The sector is expected to grow by 17pc by 2020, with the online side potentially growing by 40-60pc.
Commenting on the findings Amanda Roche Kelly, Managing Director of JUST EAT Ireland said that this report highlights not only the significant contribution of the sector but also the role that technology can play in driving growth within a traditional industry.
“The report also reinforces what we have been aware of for a long time – the growth in smartphone penetration is impacting on consumer behaviour and in the case of the takeaway sector, is helping to drive growth,” she said.
According to the report, smartphones are driving the takeaway industry. Over 70pc of JUST EAT’S customers now order through the app and on mobile devices.
“We believe that the role of technology in helping a traditional industry to innovate and grow. This sector is a model for other parts of the economy where technology can play a positive and disruptive force – delivering growth that previously would only have been dreamt about,” she said.
The report also studied consumer consumption patterns.
The biggest consumers of takeaways are 25 to 34-years-olds, spending an average of €56.33 per month. Men spend considerably more than women on takeaway, with an average spend of €48.86 per month compared to €31.93 per month.
Regionally, Dublin represents 30pc of the aggregate market value for the takeaway sector, the rest of Munster and Leinster each represent just over a quarter, and Connacht and Ulster represents the remaining almost 20pc.
The takeaway sector in Ireland is comparable in economic size and importance to sectors like the Motor Sales Trade, Mobile Technology Services and Road Freight Transport.