China Online Food Delivery Services Market Set to Grow at a CAGR of 7.2% (2017-2025)

Posted on 2018-05-18 by Goldstein Research in Food & Beverage // 0 Comments

New York, USA, 2018-May-18 — /EPR Network/ —According to Goldstein Research, China online food delivery services market is expected to reach USD 48.1 million by 2024, growing at a CAGR of 7.2% over the forecast period, 2017-2025. The rising millennial population, increasing penetration of internet and smartphones and the increased space for restaurants and food outlets to grow their customer base through online portals is driving the expansion of China online food delivery services market. China online food delivery services market segmentation has been done on the basis of business model, platform, food source, payment method and geography. On the basis of business model, logistic based food delivery system accounted for larger market share of 44.5% in 2017. Logistic based food ordering system has proven results of higher EBITDA as compared other type of business models.

China Online food delivery services market is dominated by tier-1 cities with a market share of 46.5% in 2017 on the back of developed infrastructure and higher personal disposable income of the people in tier-1 cities.

Market Segmentation

On the basis of our in-depth analysis, China Online Food Delivery Services Market can be segmented as follows:

By Business Model

o Order Focused Food Delivery System

o Logistics Focused Food Delivery System

o Full Service Food Delivery System

By Platform

o Web Based

o Application-Based

By Food Source

o Restaurants and Food Outlets

o Grocery Stores

o Supermarkets

By Payment method

o Online Payment

o Cash On Delivery (COD)

Based On Geography

o Tier-1 Cities Online Food Delivery Services market {Market Share (%), Market Size (USD Billion)}

o Tier-2 Cities Online Food Delivery Services market {Market Share (%), Market Size (USD Billion)}

o Tier-3 Cities Online Food Delivery Services market {Market Share (%), Market Size (USD Billion)}

Download Exclusive Sample Report: China Online Food Delivery Services Market Report Sample

“China Online Food Delivery Services Market Outlook 2024” contains a detailed overview of the China Online food delivery services market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by business model, platform, food source and payment method.

Further, for the in-depth analysis, China Online Food Delivery Services Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Meituan Waimai, Ele.me, ENJOY, Home-Cook, Daojia, Grab, Food Panda, Just Eat, Grub Hub, etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report represents the China Online food delivery services market trends along with a market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.

Browse Full Report: https://www.goldsteinresearch.com/report/china-online-food-delivery-services-industry-size-market-analysis

About Goldstein Research

Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.

Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear-cut forecasts. Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview.

Our analysts working on food and beverages industry trends reports helping 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 for our clients’ needs and business agenda.