Vietnam Online Food Delivery Market is Expected to Reach USD 6497.6 million in 2030

SAPA, Viet Nam - Dec. 14, 2023 - PRLog -- The latest market report published by Credence Research, Inc. The Vietnam demand for the online food delivery market was valued at USD 1954.8 million in 2022 and is expected to reach USD 6497.6 million in 2030, growing at a CAGR of 16.2% between 2023 and 2030.

The Vietnam online food delivery market has undergone a remarkable transformation in recent years, becoming one of the fastest-growing sectors within the country's digital economy. Driven by changing consumer preferences, increased internet penetration, and the convenience of ordering food at the click of a button, this industry has witnessed remarkable growth. In this article, we will explore the factors contributing to the success of the Vietnam online food delivery market and its future prospects.

Vietnam's rapid urbanization and changing demographics have played a significant role in the growth of the online food delivery market. As more people migrate to cities and adopt busier lifestyles, the demand for quick and convenient meal options has surged. Online food delivery platforms have stepped in to meet this demand, offering a wide range of cuisines and dishes, from traditional Vietnamese favorites to international fare.

Vietnam boasts a young and tech-savvy population with a high smartphone penetration rate. This tech-savviness has made it easier for online food delivery platforms to penetrate the market. With user-friendly mobile apps and websites, ordering food has become incredibly convenient, and customers can browse menus, place orders, and track deliveries with ease.

Browse the Full Report: https://www.credenceresearch.com/report/vietnam-online-food-delivery-market

List of Companies Covered:

• Vietnammm.com (Takeaway.Com N.V.)
• Eat.vn
• Foody.vn
• Now.vn
• GrabFood
• Baemin.vn
• Others

By Segmentation Type

By Food Delivery Platforms

• Aggregator Platforms
• Single-Restaurant Apps

By Delivery Models

• Food Aggregators
• Restaurant-Owned Delivery
• Crowdsourced Delivery

By Cuisine & Food Types

• Local Vietnamese Cuisine
• International Cuisine
• Fast Food
• Specialty and Niche Food
• Grocery and Essentials Delivery

By Meal Types

• Breakfast Delivery
• Lunch and Dinner Delivery
• Snacks and Desserts
• Party and Event Catering

By Payment Models

• Prepaid
• Cash on Delivery

By Subscription Services

• Meal Subscription Services
• Membership Programs

By Customer Segments

• Individual Consumers
• Corporate and Office Catering
• Large Events and Functions

By Tech & Features

• Mobile Apps
• Web-Based Platforms
• Advanced Features