Meal Kit Services Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Meal kit services offer desired meal with ready recipe planning and ingredient sourcing in packaged kits at doorsteps. Meal kits today are highly varied with meal types suited to different customer base such as omnivore, health-conscious, vegetarian, and even customized menu. These meal kits are generally marketed based on the servings for two, four or more persons in the family. Meal kit services enable customers to access a variety of freshly prepared, ready to eat food choices and save cooking time. Besides, the serving count helps in limiting food wastage. Several platforms such as online grocery websites, food delivery apps market their meal kits as convenient services for busy working professionals.

MARKET DYNAMICS

The meal kit services market is anticipated to witness high growth in the forecast period owing to the changing food habits and lifestyle, a growing number of working professionals, rising disposable incomes and their shifting inclination towards convenience meal. Moreover, customization of meal choices with mobile applications and increasing growth in the online food delivery system with improved door-delivery services are other significant drivers pushing the meal kit services market towards growth. However, the market is highly dynamic and prone to fluctuations. Nonetheless, quality, variety, time-saving aspects and healthfulness in meal selections are expected to showcase lucrative opportunities for the major players operating in the meal kit services market during the forecast period.

MARKET SCOPE

The "Global Meal Kit Services Market Analysis to 2031" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of meal kit services market with detailed market segmentation by type, application, end user and geography. The global meal kit services market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading meal kit services market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global meal kit services market is segmented on the basis of meal type and serving. Based on type, the market is segmented as omnivore, regional cuisine, healthy, menu of choice, and others. On the basis of the application the market is segmented as two, four, and more than four.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global meal kit services market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The meal kit services market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting meal kit services market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the meal kit services market in these regions.

MARKET PLAYERS

The reports cover key developments in the meal kit services market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from meal kit services market are anticipated to lucrative growth opportunities in the future with the rising demand for meal kit services in the global market. Below mentioned is the list of few companies engaged in the meal kit services market.

The report also includes the profiles of key meal kit services companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.

• Blue Apron, LLC
• Foodstirs, Inc.
• Good Eggs, Inc.
• Green Chef Corporation
• HelloFresh
• Koninklijke Ahold Delhaize N.V.
• Marley Spoon Inc.
• Purple Carrot
• Sun Basket
• Terra's Kitchen

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Meal Kit Services Report Scope