PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1566021
PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1566021
Asia Pacific Online Food Delivery Market, By Business Model; By Type; By Channel Type; By Payment Method; By Country, Trend Analysis, Competitive Landscape & Forecast, 2019-2030
Asia Pacific Online Food Delivery Market Size to Surpass USD 292.39 Billion
Asia Pacific Online Food Delivery Market is flourishing due to the convergence of rapid urbanization, soaring incomes, and the ubiquitous smartphone
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated Asia Pacific Online Food Delivery Market size by value at USD 112.72 billion in 2023. During the forecast period between 2024 and 2030, BlueWeave expects Asia Pacific Online Food Delivery Market size to expand at a CAGR of 14.67% reaching a value of USD 292.39 billion by 2030. The Online Food Delivery Market across the Asia Pacific is propelled by the smartphone revolution, a growing appetite for convenience, and technological advancements. Ghost kitchens, designed solely for online orders, are streamlining operations and expanding reach. As platforms diversify their offerings beyond food to include groceries, pets, and even alcohol, online food ordering is becoming an indispensable part of contemporary life.
Opportunities - Expansion into Tier-II and Tier-III Cities
The expansion of online food aggregators into Tier-II and Tier-III cities represents a strategic shift aimed at tapping into new growth markets beyond metropolitan areas. Recognizing the rising demand for convenient food delivery services, companies like Swiggy and Zomato have significantly increased their operations in smaller towns, with Swiggy entering 185 new locations and Zomato expanding to 300 cities in 2019 alone. This expansion is driven by the need to cater to the growing population of urbanizing individuals seeking time-saving meal options, and it also offers opportunities to generate new job roles and stimulate local economies. By leveraging advanced business models such as co-working kitchen spaces and localized marketing strategies, these platforms are addressing the unique challenges of smaller cities, including cultural differences and lower disposable incomes. Despite potential obstacles such as lower average order values and cultural resistance, the expansion is expected to contribute substantially to the growth of the online food delivery market and enhance the accessibility of food services in these emerging urban areas.
China is at the Forefront of Asia Pacific Online Food Delivery Market
China's rapid urbanization has significantly increased the demand for convenient meal solutions, propelling the growth of its online food delivery market. As of 2023, 66.2% of the Chinese population resided in urban areas, creating a substantial consumer base for on-demand food services. The market's expansion is driven by several key factors. Advancements in technology, such as artificial intelligence (AI) and machine learning (ML), have enabled platforms to optimize delivery routes, improve order accuracy, and enhance customer experience. Innovative delivery methods, including drone services, have further accelerated service efficiency and reduced delivery times. Furthermore, aggressive marketing strategies and promotional activities have played a crucial role in attracting and retaining customers. Platforms like Ele.me have successfully implemented initiatives such as "digital night markets," offering a variety of discounts and promotions to entice consumers. These combined factors have solidified China's position as a dominant force in the Asia Pacific online food delivery market. The country's technological advancements, coupled with its strategic marketing efforts, have created a sustainable and thriving ecosystem for the industry.
Impact of Escalating Geopolitical Tensions on Asia Pacific Online Food Delivery Market
Asia Pacific Online Food Delivery Market may face significant challenges from intensifying geopolitical tensions across the world. Disruptions in trade routes, heightened regulatory scrutiny, and potential sanctions may lead to increased costs for sourcing ingredients and maintaining supply chains. Such challenges can drive up prices, reduce profit margins, and strain relationships with international partners. Additionally, political instability can affect consumer confidence and spending, leading to fluctuations in demand. Companies may also face difficulties in expanding or maintaining operations in affected areas. Overall, geopolitical tensions introduce uncertainty and risk, potentially slowing the growth and expansion of the Asia Pacific Online Food Delivery Market.
Competitive Landscape
Asia Pacific Online Food Delivery Market is fragmented, with numerous players serving the market. The key players dominating Asia Pacific Online Food Delivery Market include Meituan, Zomato, Swiggy, GrabFood, Delivery Hero, GoFood, Uber Eats, LINE MAN, Baidu Waimai, and Ele.me. The key marketing strategies adopted by the players are facility expansion, product diversification, alliances, collaborations, partnerships, and acquisitions to expand their customer reach and gain a competitive edge in the overall market.
The report's in-depth analysis provides information about growth potential, upcoming trends, and Asia Pacific Online Food Delivery Market statistics. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in Asia Pacific Online Food Delivery Market along with industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyses the growth drivers, challenges, and competitive dynamics of the market.
Table of Contents
1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
2. Executive Summary
3. APAC Online Food Delivery Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Increasing Urbanization and Rising Disposable Incomes
- 3.2.1.2. Smartphone Penetration
- 3.2.1.3. Integration with Loyalty Programs
- 3.2.1.4. Diverse culinary preferences
- 3.2.2. Restraints
- 3.2.2.1. Limited Payment Infrastructure
- 3.2.2.2. High Delivery Costs
- 3.2.2.3. Food Safety Concerns
- 3.2.3. Opportunities
- 3.2.3.1. Expansion into Tier-II and Tier-III Cities
- 3.2.3.2. Integration with grocery delivery
- 3.2.3.3. Focus on healthy and organic food
- 3.2.3.4. Subscription models
- 3.2.4. Challenges
- 3.2.4.1. High operational costs
- 3.2.4.2. Dependency on third-party restaurants
- 3.2.4.3. Customer acquisition and retention
- 3.2.1. Growth Drivers
- 3.3. Technological Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
4. APAC Online Food Delivery Market Overview
- 4.1. Market Size & Forecast, 2019-2030
- 4.1.1. By Value (USD Billion)
- 4.2. Market Share & Forecast
- 4.2.1. By Business Model
- 4.2.1.1. Order Focused
- 4.2.1.2. Logistics Based
- 4.2.1.3. Restaurant Specific
- 4.2.2. By Type
- 4.2.2.1. Restaurant-to-Consumer
- 4.2.2.2. Platform-to-Consumer
- 4.2.3. By Channel Type
- 4.2.3.1. Websites/Desktop
- 4.2.3.2. Mobile Applications
- 4.2.4. By Payment Method
- 4.2.4.1. Cash on Delivery
- 4.2.4.2. Online
- 4.2.5. By Country
- 4.2.5.1. China
- 4.2.5.2. India
- 4.2.5.3. Japan
- 4.2.5.4. South Korea
- 4.2.5.5. Australia & New Zealand
- 4.2.5.6. Indonesia
- 4.2.5.7. Malaysia
- 4.2.5.8. Singapore
- 4.2.5.9. Vietnam
- 4.2.5.10. Rest of APAC
- 4.2.1. By Business Model
5. China Online Food Delivery Market
- 5.1. Market Size & Forecast, 2019-2030
- 5.1.1. By Value (USD Billion)
- 5.2. Market Share & Forecast
- 5.2.1. By Business Model
- 5.2.2. By Type
- 5.2.3. By Channel Type
- 5.2.4. By Payment Method
6. India Online Food Delivery Market
- 6.1. Market Size & Forecast, 2019-2030
- 6.1.1. By Value (USD Billion)
- 6.2. Market Share & Forecast
- 6.2.1. By Business Model
- 6.2.2. By Type
- 6.2.3. By Channel Type
- 6.2.4. By Payment Method
7. Japan Online Food Delivery Market
- 7.1. Market Size & Forecast, 2019-2030
- 7.1.1. By Value (USD Billion)
- 7.2. Market Share & Forecast
- 7.2.1. By Business Model
- 7.2.2. By Type
- 7.2.3. By Channel Type
- 7.2.4. By Payment Method
8. South Korea Online Food Delivery Market
- 8.1. Market Size & Forecast, 2019-2030
- 8.1.1. By Value (USD Billion)
- 8.2. Market Share & Forecast
- 8.2.1. By Business Model
- 8.2.2. By Type
- 8.2.3. By Channel Type
- 8.2.4. By Payment Method
9. Australia & New Zealand Online Food Delivery Market
- 9.1. Market Size & Forecast, 2019-2030
- 9.1.1. By Value (USD Billion)
- 9.2. Market Share & Forecast
- 9.2.1. By Business Model
- 9.2.2. By Type
- 9.2.3. By Channel Type
- 9.2.4. By Payment Method
10. Indonesia Online Food Delivery Market
- 10.1. Market Size & Forecast, 2019-2030
- 10.1.1. By Value (USD Billion)
- 10.2. Market Share & Forecast
- 10.2.1. By Business Model
- 10.2.2. By Type
- 10.2.3. By Channel Type
- 10.2.4. By Payment Method
11. Malaysia Online Food Delivery Market
- 11.1. Market Size & Forecast, 2019-2030
- 11.1.1. By Value (USD Billion)
- 11.2. Market Share & Forecast
- 11.2.1. By Business Model
- 11.2.2. By Type
- 11.2.3. By Channel Type
- 11.2.4. By Payment Method
12. Singapore Online Food Delivery Market
- 12.1. Market Size & Forecast, 2019-2030
- 12.1.1. By Value (USD Billion)
- 12.2. Market Share & Forecast
- 12.2.1. By Business Model
- 12.2.2. By Type
- 12.2.3. By Channel Type
- 12.2.4. By Payment Method
13. Vietnam Online Food Delivery Market
- 13.1. Market Size & Forecast, 2019-2030
- 13.1.1. By Value (USD Billion)
- 13.2. Market Share & Forecast
- 13.2.1. By Business Model
- 13.2.2. By Type
- 13.2.3. By Channel Type
- 13.2.4. By Payment Method
- 13.3. Market Size & Forecast, 2019-2030
- 13.3.1. By Volume (Unit)
- 13.4. Market Share & Forecast
- 13.4.1. By Business Model
- 13.4.2. By Type
- 13.4.3. By Channel Type
- 13.4.4. By Payment Method
14. Rest of APAC Online Food Delivery Market
- 14.1. Market Size & Forecast, 2019-2030
- 14.1.1. By Value (USD Billion)
- 14.2. Market Share & Forecast
- 14.2.1. By Business Model
- 14.2.2. By Type
- 14.2.3. By Channel Type
- 14.2.4. By Payment Method
15. Competitive Landscape
- 15.1. List of Key Players and Their Offerings
- 15.2. Asia-Pacific Online Food Delivery Company Market Share Analysis, 2022
- 15.3. Competitive Benchmarking, By Operating Parameters
- 15.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
16. Impact of Escalating Geopolitical Tensions on Asia-Pacific Online Food Delivery Market
17. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
- 17.1. Meituan
- 17.2. Zomato
- 17.3. Swiggy
- 17.4. GrabFood
- 17.5. Delivery Hero
- 17.6. GoFood
- 17.7. Uber Eats
- 17.8. LINE MAN
- 17.9. Baidu Waimai
- 17.10. Ele.me
- 17.11. Other Prominent Players
18. Key Strategic Recommendations
19. Research Methodology
- 19.1. Qualitative Research
- 19.1.1. Primary & Secondary Research
- 19.2. Quantitative Research
- 19.3. Market Breakdown & Data Triangulation
- 19.3.1. Secondary Research
- 19.3.2. Primary Research
- 19.4. Breakdown of Primary Research Respondents, By Region
- 19.5. Assumptions & Limitations
*Financial information of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable
List of Figures
- Figure 1 Asia-Pacific Online Food Delivery Segmentation
- Figure 2 Asia-Pacific Online Food Delivery Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2023
- Figure 4 Asia-Pacific Online Food Delivery Market Size, By Value (USD Billion), 2019-2030
- Figure 5 Asia-Pacific Online Food Delivery Market Share, By Business Model, By Value, 2019-2030
- Figure 6 Asia-Pacific Online Food Delivery Market Share, By Type, By Value, 2019-2030
- Figure 7 Asia-Pacific Online Food Delivery Market Share, By Channel Type, By Value, 2019-2030
- Figure 8 Asia-Pacific Online Food Delivery Market Share, By Payment Method, By Value, 2019-2030
- Figure 9 Asia-Pacific Online Food Delivery Market Share, By Country, By Value, 2019-2030
- Figure 10 China Online Food Delivery Market Size, By Value (USD Billion), 2019-2030
- Figure 11 China Online Food Delivery Market Share, By Business Model, By Value, 2019-2030
- Figure 12 China Online Food Delivery Market Share, By Type, By Value, 2019-2030
- Figure 13 China Online Food Delivery Market Share, By Channel Type, By Value, 2019-2030
- Figure 14 China Online Food Delivery Market Share, By Payment Method, By Value, 2019-2030
- Figure 15 India Online Food Delivery Market Size, By Value (USD Billion), 2019-2030
- Figure 16 India Online Food Delivery Market Share, By Business Model, By Value, 2019-2030
- Figure 17 India Online Food Delivery Market Share, By Type, By Value, 2019-2030
- Figure 18 India Online Food Delivery Market Share, By Channel Type, By Value, 2019-2030
- Figure 19 India Online Food Delivery Market Share, By Payment Method, By Value, 2019-2030
- Figure 20 Japan Online Food Delivery Market Size, By Value (USD Billion), 2019-2030
- Figure 21 Japan Online Food Delivery Market Share, By Business Model, By Value, 2019-2030
- Figure 22 Japan Online Food Delivery Market Share, By Type, By Value, 2019-2030
- Figure 23 Japan Online Food Delivery Market Share, By Channel Type, By Value, 2019-2030
- Figure 24 Japan Online Food Delivery Market Share, By Payment Method, By Value, 2019-2030
- Figure 25 South Korea Online Food Delivery Market Size, By Value (USD Billion), 2019-2030
- Figure 26 South Korea Online Food Delivery Market Share, By Business Model, By Value, 2019-2030
- Figure 27 South Korea Online Food Delivery Market Share, By Type, By Value, 2019-2030
- Figure 28 South Korea Online Food Delivery Market Share, By Channel Type, By Value, 2019-2030
- Figure 29 South Korea Online Food Delivery Market Share, By Payment Method, By Value, 2019-2030
- Figure 30 Australia & New Zealand Online Food Delivery Market Size, By Value (USD Billion), 2019-2030
- Figure 31 Australia & New Zealand Online Food Delivery Market Share, By Business Model, By Value, 2019-2030
- Figure 32 Australia & New Zealand Online Food Delivery Market Share, By Type, By Value, 2019-2030
- Figure 33 Australia & New Zealand Online Food Delivery Market Share, By Channel Type, By Value, 2019-2030
- Figure 34 Australia & New Zealand Online Food Delivery Market Share, By Payment Method, By Value, 2019-2030
- Figure 35 Indonesia Online Food Delivery Market Size, By Value (USD Billion), 2019-2030
- Figure 36 Indonesia Online Food Delivery Market Share, By Business Model, By Value, 2019-2030
- Figure 37 Indonesia Online Food Delivery Market Share, By Type, By Value, 2019-2030
- Figure 38 Indonesia Online Food Delivery Market Share, By Channel Type, By Value, 2019-2030
- Figure 39 Indonesia Online Food Delivery Market Share, By Payment Method, By Value, 2019-2030
- Figure 40 Malaysia Online Food Delivery Market Size, By Value (USD Billion), 2019-2030
- Figure 41 Malaysia Online Food Delivery Market Share, By Business Model, By Value, 2019-2030
- Figure 42 Malaysia Online Food Delivery Market Share, By Type, By Value, 2019-2030
- Figure 43 Malaysia Online Food Delivery Market Share, By Channel Type, By Value, 2019-2030
- Figure 44 Malaysia Online Food Delivery Market Share, By Payment Method, By Value, 2019-2030
- Figure 45 Singapore Online Food Delivery Market Size, By Value (USD Billion), 2019-2030
- Figure 46 Singapore Online Food Delivery Market Share, By Business Model, By Value, 2019-2030
- Figure 47 Singapore Online Food Delivery Market Share, By Type, By Value, 2019-2030
- Figure 48 Singapore Online Food Delivery Market Share, By Channel Type, By Value, 2019-2030
- Figure 49 Singapore Online Food Delivery Market Share, By Payment Method, By Value, 2019-2030
- Figure 50 Vietnam Online Food Delivery Market Size, By Value (USD Billion), 2019-2030
- Figure 51 Vietnam Online Food Delivery Market Share, By Business Model, By Value, 2019-2030
- Figure 52 Vietnam Online Food Delivery Market Share, By Type, By Value, 2019-2030
- Figure 53 Vietnam Online Food Delivery Market Share, By Channel Type, By Value, 2019-2030
- Figure 54 Vietnam Online Food Delivery Market Share, By Payment Method, By Value, 2019-2030
- Figure 55 Rest of APAC Online Food Delivery Market Size, By Value (USD Billion), 2019-2030
- Figure 56 Rest of APAC Online Food Delivery Market Share, By Business Model, By Value, 2019-2030
- Figure 57 Rest of APAC Online Food Delivery Market Share, By Type, By Value, 2019-2030
- Figure 58 Rest of APAC Online Food Delivery Market Share, By Channel Type, By Value, 2019-2030
- Figure 59 Rest of APAC Online Food Delivery Market Share, By Payment Method, By Value, 2019-2030
List of Tables
- Table 1 Asia-Pacific Online Food Delivery Market Size, By Value (USD Billion), 2019-2030
- Table 2 Asia-Pacific Online Food Delivery Market Size, By Business Model, By Value, 2019-2030
- Table 3 Asia-Pacific Online Food Delivery Market Size, By Type, By Value, 2019-2030
- Table 4 Asia-Pacific Online Food Delivery Market Size, By Channel Type, By Value, 2019-2030
- Table 5 Asia-Pacific Online Food Delivery Market Size, By Payment Method, By Value, 2019-2030
- Table 6 Asia-Pacific Online Food Delivery Market Size, By Country, By Value, 2019-2030
- Table 7 China Online Food Delivery Market Size, By Value (USD Billion), 2019-2030
- Table 8 China Online Food Delivery Market Size, By Business Model, By Value, 2019-2030
- Table 9 China Online Food Delivery Market Size, By Type, By Value, 2019-2030
- Table 10 China Online Food Delivery Market Size, By Channel Type, By Value, 2019-2030
- Table 11 China Online Food Delivery Market Size, By Payment Method, By Value, 2019-2030
- Table 12 India Online Food Delivery Market Size, By Value (USD Billion), 2019-2030
- Table 13 India Online Food Delivery Market Size, By Business Model, By Value, 2019-2030
- Table 14 India Online Food Delivery Market Size, By Type, By Value, 2019-2030
- Table 15 India Online Food Delivery Market Size, By Channel Type, By Value, 2019-2030
- Table 16 India Online Food Delivery Market Size, By Payment Method, By Value, 2019-2030
- Table 17 Japan Online Food Delivery Market Size, By Value (USD Billion), 2019-2030
- Table 18 Japan Online Food Delivery Market Size, By Business Model, By Value, 2019-2030
- Table 19 Japan Online Food Delivery Market Size, By Type, By Value, 2019-2030
- Table 20 Japan Online Food Delivery Market Size, By Channel Type, By Value, 2019-2030
- Table 21 Japan Online Food Delivery Market Size, By Payment Method, By Value, 2019-2030
- Table 22 South Korea Online Food Delivery Market Size, By Value (USD Billion), 2019-2030
- Table 23 South Korea Online Food Delivery Market Size, By Business Model, By Value, 2019-2030
- Table 24 South Korea Online Food Delivery Market Size, By Type, By Value, 2019-2030
- Table 25 South Korea Online Food Delivery Market Size, By Channel Type, By Value, 2019-2030
- Table 26 South Korea Online Food Delivery Market Size, By Payment Method, By Value, 2019-2030
- Table 27 Australia & New Zealand Online Food Delivery Market Size, By Value (USD Billion), 2019-2030
- Table 28 Australia & New Zealand Online Food Delivery Market Size, By Business Model, By Value, 2019-2030
- Table 29 Australia & New Zealand Online Food Delivery Market Size, By Type, By Value, 2019-2030
- Table 30 Australia & New Zealand Online Food Delivery Market Size, By Channel Type, By Value, 2019-2030
- Table 31 Australia & New Zealand Online Food Delivery Market Size, By Payment Method, By Value, 2019-2030
- Table 32 Indonesia Online Food Delivery Market Size, By Value (USD Billion), 2019-2030
- Table 33 Indonesia Online Food Delivery Market Size, By Business Model, By Value, 2019-2030
- Table 34 Indonesia Online Food Delivery Market Size, By Type, By Value, 2019-2030
- Table 35 Indonesia Online Food Delivery Market Size, By Channel Type, By Value, 2019-2030
- Table 36 Indonesia Online Food Delivery Market Size, By Payment Method, By Value, 2019-2030
- Table 37 Malaysia Online Food Delivery Market Size, By Value (USD Billion), 2019-2030
- Table 38 Malaysia Online Food Delivery Market Size, By Business Model, By Value, 2019-2030
- Table 39 Malaysia Online Food Delivery Market Size, By Type, By Value, 2019-2030
- Table 40 Malaysia Online Food Delivery Market Size, By Channel Type, By Value, 2019-2030
- Table 41 Malaysia Online Food Delivery Market Size, By Payment Method, By Value, 2019-2030
- Table 42 Singapore Online Food Delivery Market Size, By Value (USD Billion), 2019-2030
- Table 43 Singapore Online Food Delivery Market Size, By Business Model, By Value, 2019-2030
- Table 44 Singapore Online Food Delivery Market Size, By Type, By Value, 2019-2030
- Table 45 Singapore Online Food Delivery Market Size, By Channel Type, By Value, 2019-2030
- Table 46 Singapore Online Food Delivery Market Size, By Payment Method, By Value, 2019-2030
- Table 47 Vietnam Online Food Delivery Market Size, By Value (USD Billion), 2019-2030
- Table 48 Vietnam Online Food Delivery Market Size, By Business Model, By Value, 2019-2030
- Table 49 Vietnam Online Food Delivery Market Size, By Type, By Value, 2019-2030
- Table 50 Vietnam Online Food Delivery Market Size, By Channel Type, By Value, 2019-2030
- Table 51 Vietnam Online Food Delivery Market Size, By Payment Method, By Value, 2019-2030
- Table 52 Rest of APAC Online Food Delivery Market Size, By Value (USD Billion), 2019-2030
- Table 53 Rest of APAC Online Food Delivery Market Size, By Business Model, By Value, 2019-2030
- Table 54 Rest of APAC Online Food Delivery Market Size, By Type, By Value, 2019-2030
- Table 55 Rest of APAC Online Food Delivery Market Size, By Channel Type, By Value, 2019-2030
- Table 56 Rest of APAC Online Food Delivery Market Size, By Payment Method, By Value, 2019-2030
- Table 57 Meituan Company Overview
- Table 58 Meituan Financial Overview
- Table 59 Zomato Company Overview
- Table 60 Zomato Financial Overview
- Table 61 Swiggy Company Overview
- Table 62 Swiggy Financial Overview
- Table 63 GrabFood Company Overview
- Table 64 GrabFood Financial Overview
- Table 65 Delivery Hero Company Overview
- Table 66 Delivery Hero Financial Overview
- Table 67 GoFood Company Overview
- Table 68 GoFood Financial Overview
- Table 69 Uber Eats Company Overview
- Table 70 Uber Eats Financial Overview
- Table 71 LINE MAN Company Overview
- Table 72 LINE MAN Financial Overview
- Table 73 Baidu Waimai Company Overview
- Table 74 Baidu Waimai Financial Overview
- Table 75 Ele.me Company Overview
- Table 76 Ele.me Financial Overview
- Table 77 Other Prominent Players Company Overview
- Table 78 Other Prominent Players Financial Overview
