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The China online food delivery market size reached US$ 66.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 129.6 Billion by 2028, exhibiting a growth rate (CAGR) of 11.5% during 2023-2028.
The country currently represents the world’s biggest online food delivery market. China’s strong economic growth, changing lifestyles and increasing penetration of internet and smartphones are some of the key drivers of this market. Moreover, China’s large young population, who constitutes the majority of the consumer base has further facilitated this growth. Urban dwellers, who lead a hectic lifestyle, tend to order food online more frequently than others.
Some of the major online food-delivery companies in China include Ele.me, Meituan Dianping, ENJOY, Daojia, Home-cook, etc. The market however is mainly dominated by two players Meituan Dianping, supported by the internet giant Tencent, and Ele.me, backed by Alibaba. Key players in the country are now focusing on expanding their operations into smaller cities, which have a strong growth potential as they are less developed markets than big cities such as Beijing and Shanghai. Players are also expanding their product offerings and targeting non-peak eating times such as afternoon tea or late-night snacks.
IMARC Group’s latest report provides a deep insight into the China online food delivery market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the China online food delivery market in any manner.
IMARC Group provides an analysis of the key trends in each sub-segment of the China online food delivery market report, along with forecasts at the country and regional level from 2023-2028. Our report has categorized the market based on platform type, business model and payment method.
Breakup by Platform Type:
Breakup by Business Model:
Breakup by Payment Method:
Breakup by Region:
Value Chain Analysis
Key Drivers and Challenges
Porters Five Forces Analysis
|Base Year of the Analysis||2022|
|Segment Coverage||Platform Type, Business Model, Payment Method, Region|
|Region Covered||Guangdong, Jiangsu, Shandong, Zhejiang, Henan, Others|
|Companies Covered||Ele.me, Meituan Dianping, ENJOY, Daojia and Home-cook|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option|
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
The China online food delivery market was valued at US$ 66.4 Billion in 2022.
We expect the China online food delivery market to exhibit a CAGR of 11.5% during 2023-2028.
The rising integration of food delivering services with AI and advanced data analysis to improve management efficiency, streamline related processes, and offer user-friendly interfaces is primarily driving the China online food delivery market.
The sudden outbreak of the COVID-19 pandemic has led to the increasing demand for online food delivery services to mitigate the risk of coronavirus transmission, owing to the temporary closure of dine-in facilities across the nation.
Based on the platform type, the China online food delivery market can be segmented into mobile applications and websites. Currently, mobile applications hold the majority of the total market share.
Based on the business model, the China online food delivery market has been divided into order focused food delivery system, logistics based food delivery system, and full service food delivery system. Among these, order focused food delivery systems currently exhibit a clear dominance in the market.
Based on the payment method, the China online food delivery market can be categorized into online and cash on delivery. Currently, online accounts for the largest market share.
On a regional level, the market has been classified into Guangdong, Jiangsu, Shandong, Zhejiang, Henan, and others, where Guangdong currently dominates the China online food delivery market.
Some of the major players in the China online food delivery market include Ele.me, Meituan Dianping, ENJOY, Daojia, Home-cook, etc.
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