China Online Food Delivery Market Size & Outlook
China online food delivery market, 2018-2030 (US$M)
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China online food delivery market highlights
- The China online food delivery market generated a revenue of USD 11.7 million in 2022 and is expected to reach USD 48.3 million by 2030.
- The China market is expected to grow at a CAGR of 19.3% from 2023 to 2030.
- In terms of segment, platform-to-consumer was the largest revenue generating type in 2022.
- Platform-to-Consumer is the most lucrative type segment registering the fastest growth during the forecast period.
Online food delivery market data book summary
| Market revenue in 2022 | USD 11.7 million |
| Market revenue in 2030 | USD 48.3 million |
| Growth rate | 19.3% (CAGR from 2022 to 2030) |
| Largest segment | Platform-to-consumer |
| Fastest growing segment | Platform-to-Consumer |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Restaurant-to-Consumer, Platform-to-Consumer |
| Key market players worldwide | Delivery Hero SE, DoorDash Inc Ordinary Shares - Class A, Domino's Pizza Inc, Alibaba Group Holding Ltd ADR, McDonald's Corp, Deliveroo PLC, Papa John's International Inc, Yum Brands Inc, Just Eat Takeaway.com NV, Uber Technologies Inc, Zomato, Grubhub, Waiter.com |
Other key industry trends
- In terms of revenue, China accounted for 18.2% of the global online food delivery market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China online food delivery market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 29.9 million by 2030.
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Online Food Delivery Market Scope
Online Food Delivery Market Companies
| Name | Profile | # Employees | HQ | Website |
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China online food delivery market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to online food delivery market will help companies and investors design strategic landscapes.
Platform-to-consumer was the largest segment with a revenue share of 75.21% in 2022. Horizon Databook has segmented the China online food delivery market based on restaurant-to-consumer, platform-to-consumer covering the revenue growth of each sub-segment from 2018 to 2030.
Restaurants in countries such as China, India, and Japan are adopting software technologies that allow customers to order and pay at the table using their smartphones and other devices.
In addition to this, several restaurants are offering cash-back offers and discounts on online payment options, which have attracted consumers to cashless spending.
This is likely to stimulate the growth of the regional market. In February 2022, Chinese authorities announced that food delivery platforms should lower the service fees charged to restaurants to reduce the food and beverage sector's operating costs.
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Target buyers of China online food delivery market databook
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Our clientele includes a mix of online food delivery market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the China online food delivery market , including forecasts for subscribers. This country databook contains high-level insights into China online food delivery market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China online food delivery market size, by type, 2018-2030 (US$M)
China Online Food Delivery Market Outlook Share, 2022 & 2030 (US$M)
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