Malaysia online food delivery market is expected to reach USD 306.9 million by 2025, according to a report launched by Adroit Market Research. The “Malaysia Online Food Delivery Market Size 2017 By Type (Restaurant-to-consumer delivery, Platform-to-consumer delivery), By Consumer Age (Generation Z, Millennials, Generation X, Baby Boomers), By Gender (Male, Female), By Income Level (Low Income, Medium Income, High Income), Trends and Forecasts From 2018 to 2025” discusses market size and forecasts for a period of 11 years ranging from 2015 to 2025. 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.
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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 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 online food delivery market include:
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Consumer satisfaction is the most important criteria for an 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 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
- Generation X
- Baby Boomers
Gender Overview, 2015-2025 (USD Million)
Income Level Overview, 2015-2025 (USD Million)
- Low Income
- Medium Income
- High Income
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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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