China Online Food Delivery Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026
China online food delivery market reached a value of US$ 51.5 Billion in 2020. 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. Looking forward, IMARC Group expects the China online food delivery market to exhibit strong growth during the next five years.
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.
Historical, Current and Future Market Trends
Market Breakup by Platform Type
Market Breakup by Business Model
Order Focussed Food Delivery System
Logistics Based Food Delivery System
Full Service Food Delivery System
Market Breakup by Payment Method
Cash on Delivery
Market Breakup by Region
Value Chain Analysis
Key Drivers and Challenges
Porters Five Forces Analysis
Competitive Landscape Key Players:
Along with this, IMARC Group has also done a study on the online food delivery market region Vietnam, India and United States which has enabled our clients to set up and expand their businesses successfully.
Key Questions Answered in This Report:
How has the China online food delivery market performed so far and how will it perform in the coming years?
What are the key regional markets in China?
What has been the impact of COVID-19 on the China online food delivery market?
What is the breakup of the market based on the platform type?
What is the breakup of the market based on the business model?
What is the breakup of the market based on the payment method?
What are the various stages in the value chain of the online food delivery industry in China?
What are the key driving factors and challenges in the market?
What is the structure of the industry and who are the key players?
What is the degree of competition in the China online food delivery industry?
What are the profit margins?
Base Year Considered: 2020
Historical Data Coverage: 2015-2020
Market Forecast: 2021-2026
Geography Covered: China
Segments Covered: Platform Type, Business Model, Payment Method and Region
Report Customization: Although IMARC has tried to cover everything in the online food delivery market landscape, we believe that every stakeholder may have their own specific needs. In view of this, we provide up to 20 man hours of free customization for each report.
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