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Global Meal Kit Delivery Services Industry Market Dynamics & Strategic Insights 2021-2030
A meal kit is a weekly or monthly subscription service that sends customers recipes and food ingredients to cook their fresh meal at home. The services which include delivery of pre-cooked meals are known as meal delivery services. A meal kit is a subscription service–foodservice business model where a company sends customers pre-portioned and sometimes partially-prepared food ingredients and recipes to prepare homecooked meals.
Global Meal Kit Delivery Services Market іѕ ѕеgmеntеd on the bаѕіѕ оf Offering (Heat & Eat, Cook & Eat) Service (Single, Multiple) Platform (Online, and Offline) and region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa).
The Global Meal Kit Delivery Services Market wаѕ vаluеd аt UЅD 9,526.3 Мn іn 2020 іѕ рrојесtеd tо іnсrеаѕе ѕіgnіfісаntlу аt а САGR оf 12.6% frоm 2021 tо 2030.
The report on Global Meal Kit Delivery Services Market which оffеrѕ іn-dерth аnаlуѕіѕ оn mаrkеt drіvеrѕ, rеѕtrаіntѕ, орроrtunіtіеѕ, trеndѕ, and other important information regarding the Global Meal Kit Delivery Services Market. This rероrt іnсludеs quаlіtаtіvе іnfоrmаtіоn and quаntіtаtіvе аnаlуѕіѕ оf vаrіоuѕ ѕеgmеntѕ іn tеrmѕ оf mаrkеt ѕhаrе, grоwth, орроrtunіtу аnаlуѕіѕ, mаrkеt value, еtс. fоr thе fоrесаѕt уеаrѕ. The report offers detailed information regarding the various key players operating in the Global Meal Kit Delivery Services Market, their financials, key developments, supply chain trends, technological innovations, apart from future strategies, acquisitions & mergers, market footprint, and COVID-19 Analysis. This report is based on analysis, synthesis, and interpretation of the information gathered regarding the Global Meal Kit Delivery Services Market from various sources. We analyzed the data and information and gained insights using primary and secondary research efforts with the primary objective to provide a holistic view of the Global Meal Kit Delivery Services Market.
Market Dynamics:
Growing preference for homemade meals among millennials is a major factor that is projected to drive the growth of the global market during the forecast period. Increasing demand for meal kit delivery across the globe, rising urban population, an increasing number of working women, and rising number of people in the middle class in developing countries such as China and India are some factors expected to drive the growth of the global market. Moreover, ease of use of service, convenient and faster mode of cooking, less time consuming, and increasing meal preference such as veg, seafood, chicken, are factors expected to fuel the growth of the global meal kit delivery services market. Furthermore, changing lifestyles in emerging countries, increasing disposable income of individuals, increasing people preference to buy meal kit subscriptions, and many companies to provide better quality meal kit delivery services on a weekly or monthly basis are factors expected to boost the growth of the global market.
However, increasing preference for the traditional method of cooking, fresh preparation of food items in some parts of the world, and health-related concerns are expected to restraint the growth of the global market over the forecast period.
Segmental Analysis:
Among the offering segments, the heat and eat segment is accounted for a major revenue share and is expected to maintain its dominance in the global market, due to growing busy and hectic lifestyles among millennials. The heat and eat delivery services are convenient and time and energy-efficient, and these meals can be heated and eaten any time of the day or night and helpful for people with unconventional working hours. Also, it provides a quick solution for families wherein members would prefer having a different variety of meals on the same table.
Among the service segment, the single segment is expected to dominate the target market, owing to mostly contain students and professionals living a busy life and are focused on maintaining a healthier lifestyle.
Among the platform segments, the offline segment is projected to register the largest revenue share in the global market, owing to the increasing demand for meal kit delivery services has prompted a large number of local small businesses to provide these delivery services. These kit delivery services often provide local cuisines with which people are well versed.
Regional Analysis:
The market in North America is expected to dominate the meal kit delivery services market owing to a large number of meal kit delivery service providers. The increasing number of people are becoming aware of the adverse health effects associated with junk food, which has gained popularity in the country over the forecast period. The Asia Pacific market is expected to register high CAGR in the global market, owing to rising applications of e-commerce, growing convenience meal consumption, increasing internet usage, and increasing disposable income. Moreover, increasing employment led to a busy lifestyle, leaving little chance for daily chores, and cooking is expected to drive the growth of the meal kit delivery services during the forecast period. Major economies including Japan, China, India, Indonesia, Malaysia, Singapore, Thailand, and Vietnam have turned into manufacturing hubs.
Global Meal Kit Delivery Services Market Segmentation:
Segmentation by Offering:
• Heat & Eat
• Cook & Eat
Segmentation by Service:
• Single
• Multiple
Segmentation by Platform:
• Online
• Offline
Segmentation by region:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Key Players:
Blue Apron, LLC
EveryPlate, Freshly Inc.
Gobble
Green Chef Corporation
Hello FRESH
HOME CHEF
Hungryroot
Marley Spoon Inc.
Purple Carrot
Global Meal Kit Delivery Services Market іѕ ѕеgmеntеd on the bаѕіѕ оf Offering (Heat & Eat, Cook & Eat) Service (Single, Multiple) Platform (Online, and Offline) and region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa).
The Global Meal Kit Delivery Services Market wаѕ vаluеd аt UЅD 9,526.3 Мn іn 2020 іѕ рrојесtеd tо іnсrеаѕе ѕіgnіfісаntlу аt а САGR оf 12.6% frоm 2021 tо 2030.
The report on Global Meal Kit Delivery Services Market which оffеrѕ іn-dерth аnаlуѕіѕ оn mаrkеt drіvеrѕ, rеѕtrаіntѕ, орроrtunіtіеѕ, trеndѕ, and other important information regarding the Global Meal Kit Delivery Services Market. This rероrt іnсludеs quаlіtаtіvе іnfоrmаtіоn and quаntіtаtіvе аnаlуѕіѕ оf vаrіоuѕ ѕеgmеntѕ іn tеrmѕ оf mаrkеt ѕhаrе, grоwth, орроrtunіtу аnаlуѕіѕ, mаrkеt value, еtс. fоr thе fоrесаѕt уеаrѕ. The report offers detailed information regarding the various key players operating in the Global Meal Kit Delivery Services Market, their financials, key developments, supply chain trends, technological innovations, apart from future strategies, acquisitions & mergers, market footprint, and COVID-19 Analysis. This report is based on analysis, synthesis, and interpretation of the information gathered regarding the Global Meal Kit Delivery Services Market from various sources. We analyzed the data and information and gained insights using primary and secondary research efforts with the primary objective to provide a holistic view of the Global Meal Kit Delivery Services Market.
Market Dynamics:
Growing preference for homemade meals among millennials is a major factor that is projected to drive the growth of the global market during the forecast period. Increasing demand for meal kit delivery across the globe, rising urban population, an increasing number of working women, and rising number of people in the middle class in developing countries such as China and India are some factors expected to drive the growth of the global market. Moreover, ease of use of service, convenient and faster mode of cooking, less time consuming, and increasing meal preference such as veg, seafood, chicken, are factors expected to fuel the growth of the global meal kit delivery services market. Furthermore, changing lifestyles in emerging countries, increasing disposable income of individuals, increasing people preference to buy meal kit subscriptions, and many companies to provide better quality meal kit delivery services on a weekly or monthly basis are factors expected to boost the growth of the global market.
However, increasing preference for the traditional method of cooking, fresh preparation of food items in some parts of the world, and health-related concerns are expected to restraint the growth of the global market over the forecast period.
Segmental Analysis:
Among the offering segments, the heat and eat segment is accounted for a major revenue share and is expected to maintain its dominance in the global market, due to growing busy and hectic lifestyles among millennials. The heat and eat delivery services are convenient and time and energy-efficient, and these meals can be heated and eaten any time of the day or night and helpful for people with unconventional working hours. Also, it provides a quick solution for families wherein members would prefer having a different variety of meals on the same table.
Among the service segment, the single segment is expected to dominate the target market, owing to mostly contain students and professionals living a busy life and are focused on maintaining a healthier lifestyle.
Among the platform segments, the offline segment is projected to register the largest revenue share in the global market, owing to the increasing demand for meal kit delivery services has prompted a large number of local small businesses to provide these delivery services. These kit delivery services often provide local cuisines with which people are well versed.
Regional Analysis:
The market in North America is expected to dominate the meal kit delivery services market owing to a large number of meal kit delivery service providers. The increasing number of people are becoming aware of the adverse health effects associated with junk food, which has gained popularity in the country over the forecast period. The Asia Pacific market is expected to register high CAGR in the global market, owing to rising applications of e-commerce, growing convenience meal consumption, increasing internet usage, and increasing disposable income. Moreover, increasing employment led to a busy lifestyle, leaving little chance for daily chores, and cooking is expected to drive the growth of the meal kit delivery services during the forecast period. Major economies including Japan, China, India, Indonesia, Malaysia, Singapore, Thailand, and Vietnam have turned into manufacturing hubs.
Global Meal Kit Delivery Services Market Segmentation:
Segmentation by Offering:
• Heat & Eat
• Cook & Eat
Segmentation by Service:
• Single
• Multiple
Segmentation by Platform:
• Online
• Offline
Segmentation by region:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Key Players:
Blue Apron, LLC
EveryPlate, Freshly Inc.
Gobble
Green Chef Corporation
Hello FRESH
HOME CHEF
Hungryroot
Marley Spoon Inc.
Purple Carrot
Scope:
| Report Data | Market |
| Forecast 2022 | XX million/billion (2022-2032) |
| CAGR 2022 - 2032 | % |
| Analysis Period | 2022 - 2032 |
| Base Year | 2021 |
| Forecast Data | 2022 - 2032 |
| Segments Covered | By Type, By Application, And by Regions |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
| Key Companies Profiled | . |
| Key Segments | By Type By Applications |
| Report Coverage | Market Drivers, Market Trends, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis |
Frequently Asked Questions
What is the future market value of the ?
The current market value for is expected USD XX million/billion by 2022.
What is the CAGR of the Market?
The is to grow at a CAGR of 5.3% during the forecast by 2032.
What is the Market segment?
On the basis of type, the is segmented into Types.
Who are the key players operating in the ?
The major players operating in the are Company.
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