Vietnam Online Food Delivery Market Overview 2018, Demand by Regions, Order , Application, Share and Forecast to 2023

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    Growth of Vietnam Online Food Delivery
Market Driven by Flourishing Food Service
Industry

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Report Description and Highlights
Report Description
  Growth of Vietnam Online Food Delivery Market
Driven by Flourishing Food Service Industry Over
the years, the Vietnam online food delivery
market has been witnessing a robust growth. This
can be highly attributed to changing lifestyles,
increasing young population as well as various
technological developments in food
industry. According to the latest report by
IMARC Group, titled Vietnam Online Food Delivery
Market Industry Trends, Share, Size, Growth,
Opportunity and Forecast 2018-2023, the Vietnam
online food delivery market reached a value of
US 196 Million in 2017. Online food delivery
refers to the process of ordering food from a
food cooperative or restaurant through mobile
application or webpage which offer filters and
different types of paying methods as per the need
of consumers. The online service helps consumers
to order food with optimum convenience and easy
accessibility. They are also able to compare the
prices and menus of several restaurants and food
service providers by using various modes of
online food delivery applications. In addition,
these websites and applications provide a wide
variety of food options depending upon the
preferences of the consumers including Vietnamese
Cuisines, Western Cuisines, and South Asian
Cuisines among others.
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Report Description and Highlights
Report Description
Currently, the food service industry in Vietnam
is experiencing a strong growth which is creating
numerous opportunities for the online food
delivery market in the region. Apart from this,
over the past decade, there have been several
technological developments in the Vietnam food
industry which help in identifying recurring
customers and, in turn, recommend them new food
items based upon their previous orders. There has
also been a rapid change in the lifestyles of
consumers on account of rising urbanisation and
busy work schedules which has obligated them to
opt for convenient food options. These are some
of the factors which are proliferating the growth
of the market in Vietnam. Moreover, the number of
millennials is on a rise in the country which is
further expected to support the market growth.
However, various logistical challenges being
faced by companies lead to a delay in the
delivery of food which is obstructing the overall
growth of the Vietnam online food delivery
market. Looking forward, the market value is
projected to exceed US 861 Million by 2023,
expanding at a CAGR of 26 during
2018-2023. Read more here https//www.imarcgr
oup.com/vietnam-online-food-delivery-market
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Report Description and Highlights
Report Description

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• Market Summary
• On the basis of mode of ordering, the market has
  been segmented into mobile application and
  website. Currently, mobile application represents
  the popular order method as they are faster as
  compared to websites.
• The online food delivery market in Vietnam is
  segregated based on the availability of different
  cuisines such as Vietnamese cuisine, western
  cuisine, Italian cuisine and South Asian cuisine.
  Amongst these, consumers mostly prefer Vietnamese
  cuisine owing to the increasing number of local
  online food vendors.
• On a regional-basis, Southern Vietnam is the
  largest market for online food delivery, holding
  the majority of the share. This is due to the
  fact that the region includes some of the largest
  cities of Vietnam with rising internet and mobile
  penetration. Southern Vietnam is followed by
  Northern Vietnam and Central Vietnam.
• The competitive landscape of the market has also
  been examined with some of the key players being
  Vietnammm.com (Takeaway.Com N.V.), Foody.vn,
  Now.vn, Eat.vn and Grab food.
• Want more information about this market? Request
  a free report sample
• https//www.imarcgroup.com/request?typereportid
  1036flagB

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Report Description and Highlights
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