PUBLISHER: IMARC | PRODUCT CODE: 1423218
PUBLISHER: IMARC | PRODUCT CODE: 1423218
The China online food delivery market size reached US$ 74.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 184.1 Billion by 2032, exhibiting a growth rate (CAGR) of 10.3% during 2024-2032.
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 2024-2032. Our report has categorized the market based on platform type, business model and payment method.
Mobile Applications
Websites
Order Focussed Food Delivery System
Logistics Based Food Delivery System
Full Service Food Delivery System
Online
Cash on Delivery
Guangdong
Jiangsu
Shandong
Zhejiang
Henan
Others
Value Chain Analysis
Key Drivers and Challenges
Porters Five Forces Analysis
PESTEL Analysis
Government Regulations
Ele.me
Meituan Dianping
ENJOY
Daojia
Home-cook