According to Goldstein Research, China online food delivery market is expected to reach USD 48.1 million by 2025, growing at a CAGR of 7.2% over the forecast period, 2017-2025. The rise in millennial population, growing internet penetration and increasing adoption of smartphones and expanded space for restaurants and food outlets to grow their customer base through online portals are the major factors driving the expansion of China online food delivery services market Further based on business model segmentation, logistic focused food delivery system segment accounted for the highest market share of 44.5% in 2017. The logistic based food ordering system is witnessed to be giving results of higher EBITDA as compared to other types of business models.
Moreover, advanced technologies such as the Internet of Things, cloud computing, big data and the rapid development of the ultra-broadband network will further boost the demand of Online Food Delivery Services in China.
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Market Segmentation
China Online Food Delivery Services Market can be segmented as follows:
By Business Model
• Order Focused Food Delivery System
• Logistics Focused Food Delivery System
• Full-Service Food Delivery System
By Platform
• Web Based
• Application-Based
By Food Source
• Restaurants and Food Outlets
• Grocery Stores
• Supermarkets
By Payment Method
• Online Payment
• Cash On Delivery (COD)
Based On Geography
• Tier-1 Cities Online Food Delivery Services market {Market Share (%), Market Size (USD Billion)}
• Tier-2 Cities Online Food Delivery Services market {Market Share (%), Market Size (USD Billion)}
• Tier-3 Cities Online Food Delivery Services market {Market Share (%), Market Size (USD Billion)}
“China Online Food Delivery Services Market Outlook 2025” by Goldstein Research includes a comprehensive overview of the China online food delivery services market. It highlights the competitive outlook of major China players that includes the business strategies, product portfolio, revenue distribution, financial analysis, R&D activities and investments. The comprehensive analysis of online food delivery services market report is drafted as per the clients to help them in assessing their business strategies in the competitive environment.
Major players of the China online food delivery services market analyzed in the report are Meituan Waimai, Ele.me, ENJOY, Home-Cook, Daojia, Grab, Food Panda, Just Eat, Grub Hub, etc.
Further, China Online Food Delivery Services Market Report encompasses the key factors driving the growth of the market, opportunities in the market and the factors posing threats & challenges to the market. The Online Food Delivery Services Market Outlook also comprises the market dynamics, risk analysis, SWOT analysis, USP analysis, BPS Analysis & market attractiveness. Report further also includes the expert analysis and remarks showcasing the complete overview of the market based on intensive analysis of political, economic, social, technological, environmental & legal factors of each region in the market.
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Our analysts working on food & beverages industry overview reports to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in the vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.