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Malaysia Online Food Delivery Market Slumps Temporarily amid Covid-19 Outbreak, Adroit Market Research Study 2021-2028 | Foodpanda, DeliverEat, Uber Eats, Honestbee, Running Man Delivery, Dahmakan, and FoodTime
Malaysia Online Food Delivery Market
Malaysia Online Food Delivery is outpacing the overall dine-in restaurant industry growth owing to changing consumer lifestyle coupled with the millennial population. Consumers living in metropolitan cities are more inclined towards online delivery platforms owing to their convenience over menus, prices and peer reviews across the restaurant also with the simpler modes of payments.
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Malaysia Online Food Delivery market share for different segments including type, consumer age, gender, and income level. Moreover, the Malaysia Online Food Delivery market trends have been covered in the study.
Over the past few years, the food delivery market has grown rapidly in Southeast Asia, especially in Malaysia. The tremendous amount of time spent by a consumer in heading to a restaurant, selecting their own food, ordering and eating have paved the way for the Malaysia Online Food Delivery concept. The establishment of companies such as Foodpanda, DeliverEat, Uber Eats, Honestbee, Running Man Delivery, Dahmakan, and FoodTime over a short time span has resulted in intense competition over the past few years.
Some of the key trends of the Malaysia Malaysia Online Food Delivery market include:
The restaurant-to-consumer delivery accounted for a market share of 94.7% in 2017 as specific restaurants have started offering in-house delivery. The customer base is more for restaurant-to-platform delivery as consumers prefer paying directly to the restaurant other than a third party.
With the advent of advancement in mobile technology, developers are innovating apps for consumers ordering food online, in turn raising sales. One of the key players in this market, Domino’s, provides restaurant-to-consumer delivery with the aim of having complete control over the consumer's dining experience, from ordering and meal preparation to delivery and payment.
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The share of females ordering food online accounted for 48.5% as of 2017 owing to the increased number of working females in recent years. Technological advancements and changing lifestyles, the working sector has also almost equal population of female employees as the male population. Also with the advancement in mobile phones, the ease of ordering food online through these delivery apps has been a critical contributing factor for driving online food sales.
Consumer satisfaction is the most important criteria for an Malaysia Online Food Delivery market which needs to have ease in using the app along with their choice of restaurants highlighting the best seller menus. The on-time delivery of the order is also a major attribute for consumer satisfaction which plays a significant role in this market coupled with complaint resolution of the consumers. Optimizing consumer satisfaction is directly connected to the delivery process. For instance, although the cost of delivery is higher for the captive delivery fleet as compared to 3PL and restaurant delivery, captive delivery is in the leading position for higher customer satisfaction by minimizing the delivery time and by being order compliant.
Key segments of the Malaysia Malaysia Online Food Delivery market
Type Overview, 2015-2025 (USD Million)
• Restaurant-to-consumer delivery
• Platform-to-consumer delivery
Consumer Age Overview, 2015-2025 (USD Million)
• Generation Z
• Millennials
• Generation X
• Baby Boomers
Gender Overview, 2015-2025 (USD Million)
• Male
• Female
Income Level Overview, 2015-2025 (USD Million)
• Low Income
• Medium Income
• High Income
Some Point of Table of Content:
Chapter One: Report Overview
Chapter Two: Global Market Growth Trends
Chapter Three: Value Chain of Malaysia Online Food Delivery Market
Chapter Four: Players Profiles
Chapter Five: Global Malaysia Online Food Delivery Market Analysis by Regions
Chapter Six: North America Malaysia Online Food Delivery Market Analysis by Countries
Chapter Seven: Europe Malaysia Online Food Delivery Market Analysis by Countries
Chapter Eight: Asia-Pacific Malaysia Online Food Delivery Market Analysis by Countries
Chapter Nine: Middle East and Africa Malaysia Online Food Delivery Market Analysis by Countries
Chapter Ten: South America Malaysia Online Food Delivery Market Analysis by Countries
Chapter Eleven: Global Malaysia Online Food Delivery Market Segment by Types
Chapter Twelve: Global Malaysia Online Food Delivery Market Segment by Applications
12.1 Global Malaysia Online Food Delivery Sales, Revenue and Market Share by Applications (2015-2020)
12.1.1 Global Malaysia Online Food Delivery Sales and Market Share by Applications (2015-2020)
12.1.2 Global Malaysia Online Food Delivery Revenue and Market Share by Applications (2015-2020)
12.2 Family Sales, Revenue and Growth Rate (2015-2020)
12.3 Non-Family Sales, Revenue and Growth Rate (2015-2020)
Chapter Thirteen: Malaysia Online Food Delivery Market Forecast by Regions (2020-2026)
continued…
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Contact Info:
Name: Ryan Johnson
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Organization: Adroit Market Research
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About Us:
Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.
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