Inquire Before Buying
Speak to an Analyst
Request Brochure
IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.
Read More- Home
- |
- Press Release
- |
- China Online Food Delivery Market
China Online Food Delivery Market to Reach US$ 184.1 Billion by 2032, Spurred by Rising Popularity of Readily Available Meals
August 29, 2022
| Transportation and Logistics
The latest report by IMARC Group, titled “China Online Food Delivery Market Report by Platform Type (Mobile Applications, Websites), Business Model (Order Focussed Food Delivery System, Logistics Based Food Delivery System, Full Service Food Delivery System), Payment Method (Online, Cash on Delivery), and Region 2024-2032,” finds that the China online food delivery market size reached US$ 74.2 Billion in 2023. Online food delivery refers to the process of ordering food online with the assistance of a mobile application or website from a local restaurant or food service provider. These online food delivery platforms allow customers to create an account for regular ordering and convenient browsing with a wide variety of food options available as per the delivery location. They also provide a secured payment gateway where customers can pay via net banking, e-wallets, cash on delivery, or debit/credit cards. As a result, online food delivery platforms are widely adopted by individuals across China for a hassle-free food ordering experience.
China Online Food Delivery Market Trends:
The market is primarily driven by the increasing popularity of readily available meals across China. This is supported by the changing lifestyles, shifting dietary preferences, and inflating disposable income levels of the consumers. Moreover, online food delivery services are offering various benefits, including doorstep delivery, attractive discounts, multiple payment options, and rewards and cashback offers which are providing a positive thrust to the market growth. Apart from this, the improving network connectivity and expanding consumer base due to significant expansion in the food and beverage (F&B) industry are contributing to the market growth. Furthermore, the escalating demand for fresh food, quick home delivery, and easy accessibility is also accelerating the adoption of online food delivery services. Along with this, various key players are integrating advanced technologies with food delivery services to offer user-friendly interfaces. They are also enhancing their services with artificial intelligence (AI) and advanced data analysis to improve their management efficiency and streamline related processes, which in turn is propelling the market growth across China. Looking forward, IMARC Group expects the market value to reach US$ 184.1 Billion by 2032, exhibiting a CAGR of 10.3% during the forecast period (2024-2032).
Market Summary:
- Based on the platform type, the market has been bifurcated into websites and mobile applications.
- On the basis of the business model, the market has been divided into order-focused, logistics-based, and full-service food delivery systems.
- Based on the payment method, the market has been classified into online and cash-on-delivery.
- On the geographical front, the market has been segmented into Guangdong, Jiangsu, Shandong, Zhejiang, Henan, and others.
- The competitive landscape of the market has been studied in the report, with the detailed profiles of the key players. Some of these players include Ele.me, Meituan Dianping, ENJOY, Daojia and Home-cook.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact Us:
IMARC Group
USA: +1-631-791-1145
Email: sales@imarcgroup.com
Website: https://www.imarcgroup.com
Follow us on twitter : @imarcglobal
Need more help?
- Speak to our experienced analysts for insights on the current market scenarios.
- Include additional segments and countries to customize the report as per your requirement.
- Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
- For further assistance, please connect with our analysts.
Purchase options
Benefits of Customization
Personalize this research
Triangulate with your data
Get data as per your format and definition
Gain a deeper dive into a specific application, geography, customer, or competitor
Any level of personalization
Get in Touch With Us
UNITED STATES
Phone: +1-631-791-1145
INDIA
Phone: +91-120-433-0800
UNITED KINGDOM
Phone: +44-753-713-2163
Email: sales@imarcgroup.com
Client Testimonials
The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required
Read More
We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra
Read More
Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.
Read More.webp)
We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.
Read More
The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.
Read More
The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.
Read More
My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.
Read More
I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.
Read More.webp){kind=logo}
We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.
Read More
IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.
Read More