According to the latest report by IMARC Group, titled “China Online Food delivery Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the online Food Delivery size in China market was worth US$ 38.8 Billion in 2019. Online food delivery refers to a service that delivers prepared meals to customers who order food from the restaurant website or third-party applications. Online food delivery platforms usually have tie-ups with restaurants and allow consumers to register and uphold an account to make frequent ordering more convenient.
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The China online food delivery market is primarily driven by the strong economic growth in the country due to inflating income levels and changing lifestyles of the consumers. Furthermore, the hectic lifestyles of people have led to the increased consumption of on-the-go food items and quick home delivery models that offer convenient, ready-to-eat (RTE) and cheaper food delivery options. Along with this, advancements in digital technology and the rising popularity of smartphones, especially among the younger population, has encouraged them to opt for online food delivery services. Moreover, the leading online food delivery companies, including Ele.me, Meituan Dianping, ENJOY, Daojia and Home-cook, are expanding their product offerings and targeting non-peak eating times such as afternoon tea or late-night snacks. These factors are expected to create a positive outlook for the market in the near future. Looking forward, IMARC Group expects the china online food delivery market impact during covid-19 and double-digit growth during the forecast period (2020-2025)
China Market Breakup by Platform Type
- Mobile Applications
- Websites
- Order Focused Food Delivery System
- Logistics Based Food Delivery System
- Full Service Food Delivery System
- Online
- Cash on Delivery
- Guangdong
- Jiangsu
- Shandong
- Zhejiang
- Henan
- Others
- ENJOY
- Daojia
- Home-cook
- me
- Meituan Dianping
- ENJOY
- Daojia
- Others
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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