Growing demand for Express Delivery along with Growing Internet User in Vietnam will drive the Internet Food Market: Ken Research

GURUGRAMO, Cheap, May 30, 2022 / PRNewswire / –

Vietnam News

  • The online delivery of groceries across the entire food market is expected to increase to more than 3.0% by the end of 2026F.

  • The Beauty and Health segment will continue to dominate on the basis of GMV, followed by the Food and Beverage category, in 2026.

  • Technological developments such as drone deliveries, warehouse automation and voice ordering are expected to be adopted by service providers to enable faster deliveries.

  • The demand for online food is increasing among working professionals and married couples because they have less time to physically visit a grocery store.

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Impact of Covid-19: The online food industry in Vietnam witnessed a three-digit increase during the Covid-19 pandemic, as people avoided going to crowded places and switched to buying food online. Companies have experienced an increase in average order size as customers have shopped en masse. Average delivery time also increased to seven to ten days. To meet the increased demand, companies have expanded their delivery fleet by partnering with third-party delivery companies to manage last-mile logistics.

Expanding Partnerships: It is anticipated that companies will expand links with suppliers and grocery stores, food delivery companies, electronic wallets to leverage their capabilities to fulfill customer orders. Introducing fast delivery, regional expansion, diversifying product portfolio, focusing on achieving operational efficiency and setting up a dark store are the future strategies that companies can adopt.

Future Technology: Drone Technology, Voice Ordering, Artificial Intelligence, Warehouse Automation anticipate pushing the online food delivery market into the future. Incorporating AI into the front would enable the company to create a personalized shopping experience for the customer. Subsequent forecasting and consumer behavior analysis are crucial to ensure sufficient availability of products and to maintain minimum waste.

According to a report by Ken Research entitled Vietnam’s Online Food Market Outlook to 2026 – A Market Driven by Increasing Smartphone Penetration, Changing Consumer Shopping Habits, and Regional Expansion of Internet Food Players“, the Internet Food Delivery Market will grow at a CAGR of 20.4% over the period 2021P – 2026F. The market will witness growth due to changing consumer buying habits, a rapidly growing awareness of e-commerce and the introduction of subscription models and innovative strategies adopted by service providers.

Key segments covered: –

By Product Category

  • Beauty and Health

  • Food and Beverages

  • Fresh Food

  • Domestic supplies

  • Others

According to Payment

  • Cash on Delivery

  • Online Payments

According to Age Group

  • 18-24 years

  • 25-34 years

  • 35-44 years

  • 45+ years

By Type of Business

According to Delivery Mode

According to Cities

  • Ho Chi Minh City

  • Hanoi

  • Da Nang

Covered Companies: –

  • Shopee

  • Tiki

  • Lazada

  • Chopp

  • GrabMart

  • Co.opmart

Sample Report Request @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTI0MDQ3

Key Target Audience: –

Time Captured in Report: –

Key Topics Covered in the Report: –

  • How the Internet Food Market is positioned Vietnam?

  • Comparison of the Brick-and-Monastery Grocery Store with the Online Food Platform

  • Aim Addressable Public for the market

  • Supply Ecosystem and Challenges

  • Demand Scenario, Customer Target, and Factor Influencing Consumer Behavior

  • Cross-sectional Comparison of Functional Models (Market and Channel)

  • SWOT Analysis

  • Current Technologies Facilitating Internet Food Delivery Industry

  • Upcoming Technologies in Internet Food Delivery Industry

  • Investing and Financing in Internet Food Delivery Companies in Vietnam

  • Competitive Landscape – A Cross Comparison of Major Players

  • Company Profiles

  • Future Market Analysis and Trends

  • Analyst Recommendations

  • Research Methodology

  • Vietnamese E-Food Store Market

  • Application of Vietnamese Food Delivery

  • Vietnam Beauty and Health Market

  • Vietnamese Food and Beverage Market

  • Vietnam Management Market

  • Vietnamese Fresh Food Market

  • Ho Chi Minh City Internet Food Market

  • Hanoi Internet Food Market

  • Da Nang Internet Food Market

  • Vietnamese Online Grocery Cash on Delivery Market

  • Vietnamese Online Grocery Store Online Paid Market

  • Vietnamese Internet Food B2B Marketplace

  • Vietnamese Online Grocery B2C Marketplace

  • Annual Food Order Vietnam

  • Commission Online Grocery Store Vietnam

  • Vietnamese Fruits and Vegetables Online Orders

  • Vietnamese Internet Food Companies

  • Vietnamese Retail Food Market

  • Vietnamese Internet Grocery Supermarket Market

  • Vietnamese Online Grocery Hypermarkets Market

  • Vietnamese Online Grocery E-commerce Companies

  • Vietnamese Food Delivery Companies

  • Vietnamese Internet Food Market

  • Shopee Internet Food Market

  • Tiki Internet Food Market

  • Lazada Internet Food Market

  • Chopp Internet Food Market

  • GrabMart Internet Food Market

  • Co.opmart Internet Food Market

For more information on the research report, please refer to the link below: –

Vietnamese Internet Food Market

Related Reports: –

Indonesia’s Internet Food Market Outlook for 2026 – Driven by Changing Consumer Shopping Habits and Regional Expansion of Local and International Players in the Archipelago

Deficiencies in offline grocery shopping such as commuting inconvenience, long queues and the cost of impulse buying have led to the introduction of an electronic grocery store in Indonesia. Indonesia The online food market is currently positioned in a growth phase, and is increasing at an impressive two-digit growth rate during the period 2016 and 2021P. Covid-19 Pandemic served as a catalyst for the that of Indonesia The growth of the E-food market. The number of companies offering e-grocery store services in Indonesia has increased over the years. Moreover, high internet penetration, a growing working population and a growing number of single families have led to the growth of electronic food services in the country. On the other hand, companies have also expanded their product portfolios from food and beverage to domestic supplies, babies, fresh food, fish and meat and other product categories.

KSA’s Internet Food Supply Market Outlook for 2025 – Driven by Changing Consumer Shopping Habits and Regional Expansion of Local and International Players in the Kingdom

The KSA Online Grocery Delivery service has gained strength among consumers because it allows customers to avoid the hassle of crowds, payment and parking queues and offers a convenience because one does not need to be at home to take the order. Major delivery companies entered the market between 2016 and 2018. Smartphone users between 25 and 44 years old are considered as an influential customer base for online food shopping. The industry is currently positioned in a growth phase recording a double-digit growth rate close to 44% between 2017 and 2019.

Changing consumer preferences, high smartphone penetration, and regional expansion of local and international players have led to the growth of online food services in the Kingdom. Companies have expanded their product portfolios from food and beverage to domestic supplies, baby food, fresh food, fish and meat, and other product categories.

UAE Internet Food Supply Market Outlook to 2025 – Driven by Increasing Working Population, Introduction of Express Delivery and Regional Expansion

Deficiencies in offline food purchases such as the hassle of commuting, long queues and the cost of impulse buying have led to the introduction of electronic food delivery in the UAE. A population between the ages of 25 and 44 is considered an influential customer base for online food shopping. The industry is currently positioned in a growth phase recording a double-digit growth rate close to 31% between 2016 and 2019. High internet penetration, a growing workforce and a growing number of single families have led to the growth of electronic food services. in the UAE. The number of companies offering food delivery services in the UAE has increased over the years. Companies have expanded their product portfolios from food and beverage to domestic supplies, baby food, fresh food, fish and meat, and other product categories.

Contact Us: –

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