Market Research Future (MRFR) has published a cooked research report on the “Global Global Meal Kit Delivery Services Market” that contains information from 2022 to 2030. The Global Meal Kit Delivery Services Market is estimated to register a CAGR of 17.70% during the forecast period of 2022 to 2030.
MRFR recognizes the following companies as the key players in the global Global Meal Kit Delivery Services Market— Home Chef, PeachDish, Sun Basket, ButcherBox, Blue Apron LLC, Purple Carrot, Marley Spoon Inc., HelloFresh, and Plated.
Meal Kit Delivery Services Market Highlights
The global Global Meal Kit Delivery Services Market is accounted to register a CAGR of 17.70% during the forecast period and is estimated to reach USD 57.08 Billion by 2030.
The Global Meal Kit Delivery Services Market refers to the industry that provides pre-portioned ingredients and recipes conveniently packaged and delivered to consumers' homes, allowing them to prepare meals without the need for grocery shopping or extensive meal planning.
The growth of the global meal kit delivery services market has been driven by several factors, including the increasing demand for convenient and time-saving meal solutions, the rise in health-conscious consumers seeking fresh and nutritious meals, and the popularity of cooking at home as a result of the COVID-19 pandemic.
Segment Analysis
The global Global Meal Kit Delivery Services Market has been segmented based on food type and sales channel.
On the basis of food type, the market is segmented into ready-to-cook and ready-to-eat. It is anticipated that the ready-to-eat food-type meals would keep the leading position by producing the most meal kit delivery services market revenue
Based on sales channel, the market has been segmented into store and non-store. The established internet platforms have experienced remarkable growth in the meal kit delivery services industry. The category is growing mostly due to the flexibility of service providers' operating hours, on-time delivery, and the abundance of dining options.
Regional Analysis
The global Global Meal Kit Delivery Services Market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Global Meal Kit Delivery Services Market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Global Meal Kit Delivery Services Market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Global Meal Kit Delivery Services Market comprises of Middle East, Africa, and Latin America.
The meal kit delivery services market in North America, particularly in the United States and Canada, has witnessed significant growth and is one of the most mature markets globally. The region has a large consumer base seeking convenient meal solutions, and several established companies and startups operate in this market.
Europe has emerged as a prominent market for meal kit delivery services. The market is driven by factors such as busy lifestyles, a preference for healthy and diverse food options, and a strong culinary culture.
The Asia Pacific region, is experiencing increasing adoption of meal kit delivery services. Factors such as urbanization, changing consumer lifestyles, and the desire for convenient cooking solutions are contributing to market growth in this region.
Furthermore, the rest of the world's Global Meal Kit Delivery Services Market is divided into the Middle East, Africa, and Latin America. The market in Latin America is driven by factors such as rising disposable income, changing food preferences, and the convenience offered by meal kits.
Key Findings of the Study
- The global Global Meal Kit Delivery Services Market is expected to reach USD 57.08 Billion by 2030, at a CAGR of 17.70% during the forecast period.
- The Asia Pacific region, is experiencing increasing adoption of meal kit delivery services. Factors such as urbanization, changing consumer lifestyles, and the desire for convenient cooking solutions are contributing to market growth in this region.
- Based on Offerings, the hardware segment was attributed to holding the largest market in 2022.
Home Chef, PeachDish, Sun Basket, ButcherBox, Blue Apron LLC, Purple Carrot, Marley Spoon Inc., HelloFresh and Plated.
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Companies Covered | 15 |
Pages | 90 |
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