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Exploring the Market Opportunity for Healthy Semi-finished Meals in China

In: Proceedings of the 2022 2nd International Conference on Economic Development and Business Culture (ICEDBC 2022)

Author

Listed:
  • Qichao Zheng

    (Shandong University, Business School)

  • Jiayi Wang

    (Zhejiang Zhoushan High School)

  • Liting Liu

    (Shanghai DTD Academy)

  • Jia Hu

    (North Cross School)

  • Ruoxuan Zhao

    (Ruoxuan Zhao, University of Bristol)

Abstract

Semi-prepared meal delivery services have been attracting attention in China due to its convenience and affordability. In China this market has great potential, estimated to grow to 516.5 billion yuan by 2023. One of the challenges faced by suppliers in this industry is matching specific meals with customers dietary needs and preferences. This paper seeks to explore consumers’ dietary and health related needs in this market, while proposing a third-party app which focuses on helping match customers and suppliers in the semi-prepared meal market. We look to test the desirability and feasibility of this solution by way of a survey of consumers and interviews with suppliers. We find that both consumers and suppliers would be willing to use this solution, in order to overcome costly challenges that presently limit the growth in this market.

Suggested Citation

  • Qichao Zheng & Jiayi Wang & Liting Liu & Jia Hu & Ruoxuan Zhao, 2022. "Exploring the Market Opportunity for Healthy Semi-finished Meals in China," Advances in Economics, Business and Management Research, in: Yushi Jiang & Yuriy Shvets & Hrushikesh Mallick (ed.), Proceedings of the 2022 2nd International Conference on Economic Development and Business Culture (ICEDBC 2022), pages 1821-1826, Springer.
  • Handle: RePEc:spr:advbcp:978-94-6463-036-7_272
    DOI: 10.2991/978-94-6463-036-7_272
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