Press release
China Online Food Delivery Services Market is Expected to Develop at a CAGR of 7.2% Over the Forecast Period
According to Goldstein Research, China has a vast opportunity for the evolution of food delivery service providers backed by the growth of the hospitality industry, developing infrastructure, faster development, and expansion of the cities. China has a highly competitive environment for the food delivery services, which is led by Meituanwaimai that accounted for 32.2% market share in 2016. China Online Food Delivery market outlook also includes new business models, technological advancements and capital investment as the key strategies adopted by the major players for a significant expansion of business in developed and as well as in developing countries across the globe. In 2018, the global smart home market will Surpass USD 70 billion, the market share of China will reach 32%.In the long run, the smart home market will be unquestionably the order of hundreds of millions. Moreover, advanced technologies such as the Internet of Things, cloud computing, big data and the rapid development of the ultra-broadband network will further boost the demand for Online Food Delivery Services in China.
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Market Segmentation
On the basis of our in-depth analysis, China online food delivery services market can be segmented as follows:
By Business Model
• Order Focused Food Delivery System
• Logistics Focused Food Delivery System
• Full-Service Food Delivery System
By Platform
• Web Based
• Application-Based
By Food Source
• Restaurants and Food Outlets
• Grocery Stores
• Supermarkets
By Payment method
• Online Payment
• Cash On Delivery (COD)
“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, by platform, by food source, and by payment method.
Browse Full Report: https://www.goldsteinresearch.com/report/china-online-food-delivery-services-industry-size-market-analysis
Further, for the comprehensive examination, China Online Food Delivery Services Market Analysis comprises the industry market challenges, growth drivers, risk analysis, BPS (Base Point Scale) analysis, market attractiveness, 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 the 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.
Key questions answered in this China Online Food Delivery Services Market Report
• What is the China online food delivery services market Size by 2024 and what would be the expected growth rate of the industry?
• What is the total revenue per segment and region in 2015-16 and what would be the expected revenue per segment and region over the forecast period?
• What is the online food delivery services market trends?
• What are the factors which are driving this industry?
• What are the major barriers to online food delivery services industry growth?
• Who are the key vendors in this industry space?
• What are the industry opportunities for the existing and entry-level players?
• What are the recent developments and business strategy of the key players?
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 overview reports to help 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 to our clients’ needs and business agenda.
Steve Blade
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