Meal Kit Delivery Services Market Estimated At USD 27.33 Billion By 2028


 San Francisco, 8 Dec 2021: The Report Meal Kit Delivery Services Market Size, Share & Trends Analysis Report By Offering (Heat & Eat, Cook & Eat), By Service (Single, Multiple), By Platform (Online, Offline), By Region, And Segment Forecasts, 2021 - 2028

The global meal kit delivery services market size is expected to reach USD 27.33 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 13.0% from 2021 to 2028. The increasing preference for homemade meals among millennials is expected to be a major factor contributing to the growth of the market.

Meal kit delivery service is a great success as it attracts people who want to cook their own food without having to shop for ingredients at the grocery store. These are popular among busy parents, millennials, those juggling multiple jobs, working couples, or people with special diet needs who prefer pre-planned ingredients or meals so that they can quickly prepare meals.

The cook and eat offering segment led the market and accounted for a share of 61.0% in 2020. The growing demand for healthy food ingredients and the trend of cooking at home at the global level are expected to expand the scope of the cook and eat meal delivery service over the next few years.

The single service segment accounted for the largest share of more than 55.0% in 2020. Millennials and Generation Z form the largest consumer groups of these meal kit delivery services. These mostly contain students and professionals living busy lives and are focused on maintaining a healthier lifestyle.

The online platform segment accounted for the largest share of more than 60.0% in 2020. 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. The offline business also includes locally grown vegetables and fruits in the meal kit.

The market is fragmented with the presence of a large number of global and regional players. The players face intense competition, especially from the top players in the market as they have a large consumer base, strong brand recognition, and vast distribution networks.

Access Research Report of Meal Kit Delivery Services Market @ https://www.grandviewresearch.com/industry-analysis/meal-kit-delivery-services-market

Meal Kit Delivery Services Market Report Highlights

  • Asia Pacific is expected to register the fastest CAGR of 14.5% from 2021 to 2028 owing to the increasing number of time-poor consumers in the region
  • By offering, the heat and eat segment is expected to register the fastest growth rate of 13.4% from 2021 to 2028
  • North America dominated the market by accounting for over 45.0% in 2020 due to the rising demand for a healthier and inexpensive alternative to pre-cooked food items in the region
  • The online platform segment held the largest share of more than 60.0% in 2020

List of Key Players of Meal Kit Delivery Services Market

  • Blue Apron, LLC
  • EveryPlate
  • Freshly Inc.
  • Gobble
  • Green Chef Corporation
  • HelloFresh
  • Relish Labs LLC (Home Chef)
  • Hungryroot
  • Marley Spoon Inc.
  • Purple Carrot
  • Fresh n' Lean
  • Takeout Kit
  • bistroMD, LLC
  • CookUnity
  • Fresh and Easy
  • Sun Basket
  • Factor75 LLC
  • Trifecta Inc.
  • Snap Kitchen, LLC
  • Daily Harvest
  • Splendid Spoon
  • Diet-To-Go
  • RealEats

Access Press Release of Meal Kit Delivery Services Market @ https://www.grandviewresearch.com/press-release/global-meal-kit-delivery-services-market

 

Comments

Post a Comment

Popular posts from this blog

Asia Pacific PoC Diagnostics Market Growth Opportunities, Industry Analysis And Forecast: Grand View Research Inc.

Image
San Francisco, 18 March 2020 :  The Report   Asia Pacific PoC Diagnostics Market  Analysis And Segment Forecasts To 2020 The Asia Pacific point of care (PoC) diagnostics market is expected to reach USD 5,427.1 million by 2020, according to a new study by Grand View Research, Inc. Growing base of geriatric population and the ability to render immediate results and improve patient care coupled with rising market penetration of PACS (picture archiving and communication systems) and EMR (electronic medical records) are expected to drive demand over the next six years. Skilled staff shortages, especially pertaining to the field of diagnostics are also expected to accelerate the market penetration rates of PoC products, by expediting lab automation processes. Rising demand for home healthcare and other healthcare establishments catering to the elderly population and initiatives undertaken by governments to shorten hospital stays by establishing out-patient care models are also expect
Read more

U.K. Point Of Sale Software Market To Expand Industry Growth At USD 1.05 Billion By 2028

Image
  San Francisco, 21 Jan 2022:   The Report  U.K. Point Of Sale Software Market  Size, Share & Trends Analysis Report By Application (Fixed POS, Mobile POS), By Deployment, By Organization Size, By End-user, And Segment Forecasts, 2021 - 2028 The global U.K. point of sale software market size is expected to reach USD 1.05 billion by 2028, expanding at a CAGR of 8.1% from 2021 to 2028, according to the new study conducted by Grand View Research, Inc. The integration of a Point-Of-Sale (POS) solution with capabilities such as sales reports monitoring, cash flow recording, product demand analysis, tracking delivery status, and inventory management ensure systematic functioning and upscaling of a business. The adoption of POS software is directly impacted by the demand for POS terminals, which is witnessing growth in demand due to changing lifestyles and government policies. However, the COVID-19 pandemic disrupted the industry's business, wherein retail stores, restaurants, and hot
Read more