Market Overview:
The global meal kit delivery market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for ready-to-eat food, reprocessed food, and other types of meal kits. In addition, the growing application of meal kits in commercial and household segments is also contributing to the growth of this market. Regionally, North America dominates the global meal kit delivery market followed by Europe and Asia Pacific.
Product Definition:
Meal kit delivery is a service that delivers pre-packaged ingredients and recipes to your door so you can cook home-made meals. The importance of meal kit delivery is that it can help you save time and money while cooking healthy, homemade meals.
Ready-to-eat Food:
Ready-to-eat (RTE) food is food that is either frozen or fresh and has a long shelf life. The major factor driving the growth of this market includes growing working population, increasing disposable income, changing lifestyle of consumers and rapid urbanization in many countries across the globe.
Reprocessed Food:
The global market for repurposed food and meal kit delivery is expected to witness significant growth over the forecast period. The major factor contributing to this growth includes increasing health awareness among consumers. Also, growing environmental concerns such as plastic waste are encouraging consumers to switch from conventional food delivery services towards more eco-friendly alternatives such as repurposed foods and meal kit deliveries.
Meal kit companies including Blue Apron, Plated,.
Application Insights:
The commercial application segment dominated the global market in 2017, accounting for more than 60.0% share of the total revenue. The growth can be attributed to an increase in demand for packaged meals and snacks among office-goers, students, athletes and others including soldiers on field and hospital patients at home. Moreover, a rise in tourism is expected to boost the sales of these products over the forecast period as tourist often prefer packaged food due to lack of cooking skills or time constraints.
Regional Analysis:
North America dominated the market in 2017 owing to the growing trend of meal kit delivery services among millennials. The region is expected to maintain its dominance over the forecast period due to increasing awareness regarding health and hygiene, along with a rise in disposable income. Moreover, an increase in participation rates for cooking classes has also been observed among millennials across this region.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to rising demand for convenient food products from developing countries such as India and China. Furthermore, an increase in internet penetration rate has led consumers from these regions access information about meal kit delivery services more easily than ever before.
Growth Factors:
- Increasing urbanization – The trend of people moving to cities is increasing, and this is leading to a rise in demand for convenient food options. Meal kit delivery services are becoming more popular as they offer an easy way to get healthy meals without having to spend time cooking.
- Rising income levels – As incomes continue to rise around the world, people have more money available to spend on luxury items such as meal kits. This has helped fuel the growth of the meal kit delivery market in recent years.
- Health consciousness – There has been a growing awareness of the importance of eating healthy foods in recent years, and this is helping drive demand for meal kit delivery services. These services offer an easy way to get nutritious meals without having to cook them yourself.
- Aging population – The aging population is one of the key drivers of growth for the meal kit delivery market worldwide as seniors are increasingly looking for ways to make their lives easier by getting pre-made meals delivered right to their doorsteps . 5) Increased technological advancements - With technology advancing at such a rapid pace, it's no surprise that there has been a corresponding increase in demand for innovative technologies within the food industry - including within the Meal Kit Delivery market
Scope Of The Report
Report Attributes
Report Details
Report Title
Meal Kit Delivery Market Research Report
By Type
Ready-to-eat Food, Reprocessed Food, Others
By Application
Household, Commercial, Others
By Companies
Hello Fresh, Abel & Cole, Riverford, Gousto, Quitoque, Kochhaus, Marley Spoon, Middagsfrid, Allerhandebox, Chefmarket, Kochzauber, Fresh Fitness Food, Mindful Chef
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
191
Number of Tables & Figures
134
Customization Available
Yes, the report can be customized as per your need.
Global Meal Kit Delivery Market Report Segments:
The global Meal Kit Delivery market is segmented on the basis of:
Types
Ready-to-eat Food, Reprocessed Food, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Household, Commercial, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Hello Fresh
- Abel & Cole
- Riverford
- Gousto
- Quitoque
- Kochhaus
- Marley Spoon
- Middagsfrid
- Allerhandebox
- Chefmarket
- Kochzauber
- Fresh Fitness Food
- Mindful Chef
Highlights of The Meal Kit Delivery Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Ready-to-eat Food
- Reprocessed Food
- Others
- By Application:
- Household
- Commercial
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Meal Kit Delivery Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Meal kit delivery is a service that delivers pre-packaged food and drinks to your home. The meals are typically healthy, but there is also a variety of options for those who want something more indulgent. Meal kit delivery can be convenient if you have busy schedules or if you don't have time to cook meals from scratch.
Some of the key players operating in the meal kit delivery market are Hello Fresh, Abel & Cole, Riverford, Gousto, Quitoque, Kochhaus, Marley Spoon, Middagsfrid, Allerhandebox, Chefmarket, Kochzauber, Fresh Fitness Food, Mindful Chef.
The meal kit delivery market is expected to grow at a compound annual growth rate of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Meal Kit Delivery Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Meal Kit Delivery Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Meal Kit Delivery Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Meal Kit Delivery Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Meal Kit Delivery Market Size & Forecast, 2020-2028 4.5.1 Meal Kit Delivery Market Size and Y-o-Y Growth 4.5.2 Meal Kit Delivery Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Ready-to-eat Food
5.2.2 Reprocessed Food
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Household
6.2.2 Commercial
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Meal Kit Delivery Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Meal Kit Delivery Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Ready-to-eat Food
9.6.2 Reprocessed Food
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Household
9.10.2 Commercial
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Ready-to-eat Food
10.6.2 Reprocessed Food
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Household
10.10.2 Commercial
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Ready-to-eat Food
11.6.2 Reprocessed Food
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Household
11.10.2 Commercial
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Ready-to-eat Food
12.6.2 Reprocessed Food
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Household
12.10.2 Commercial
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Ready-to-eat Food
13.6.2 Reprocessed Food
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Household
13.10.2 Commercial
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Meal Kit Delivery Market: Competitive Dashboard
14.2 Global Meal Kit Delivery Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hello Fresh
14.3.2 Abel & Cole
14.3.3 Riverford
14.3.4 Gousto
14.3.5 Quitoque
14.3.6 Kochhaus
14.3.7 Marley Spoon
14.3.8 Middagsfrid
14.3.9 Allerhandebox
14.3.10 Chefmarket
14.3.11 Kochzauber
14.3.12 Fresh Fitness Food
14.3.13 Mindful Chef