Market
Insights
Reports delivered globally, covering a wide range of industries and sectors.
Clients who trust our expertise and rely on our insights for business decisions.
Managed Reports, ensuring seamless updates and premium service.
Satisfied Customers, committed to delivering exceptional value and quality.
Meal Kit Delivery Services Market by Food Type (Ready-to-cook, Ready-to-eat), by Delivery Model (Subscription-based, On-demand), by Serving (Single, Multiple), by North America (U.S., Canada), by Europe (UK, Germany, France, Italy, Spain, Russia), by Asia Pacific (China, India, Japan, South Korea, Southeast Asia, ANZ), by Latin America (Brazil, Mexico, Argentina), by MEA (UAE, South Africa, Saudi Arabia) Forecast 2025-2033
The size of the Meal Kit Delivery Services Market market was valued at USD 17.4 Billion in 2023 and is projected to reach USD 44.89 Billion by 2032, with an expected CAGR of 14.5% during the forecast period. The Meal Kit Delivery Services Market is growing rapidly due to the fact that consumers increasingly seek convenience, healthy eating options, and customized meal solutions. These services provide pre-portioned ingredients and recipes delivered directly to consumers' doors, allowing them to prepare home-cooked meals with minimal effort. Increasing demand for time-saving solutions, combined with the increasing trend of home cooking and desire for healthier meals, is fueling market growth. It caters to vegan, keto, and gluten-free dietary preferences; therefore, there is a significant range of customers attracted by such services. With technological advancement such as mobile applications and subscription models, user experience is improving and reaching the market on a greater scale. Eco-friendly packaging and sustainable sourcing are being promoted, with consumers showing growing environmental concerns. Still, difficulties in areas of high delivery fees, retention of customers, and a very high demand for well-structured logistic networks characterize this market. Top players remain HelloFresh, Blue Apron, and Sun Basket; but there is continuous entry from the emergence of new market players into providing niche services. The industry should continue growing; consumer interest remains in having healthier, better-convenience products or services as well as sustainable methods with innovation of offerings and service/technology development.
The market is highly fragmented, with a large number of regional and global players competing for market share. The top players in the market include Blue Apron LLC, HelloFresh, Sun Basket, Marley Spoon Inc., Purple Carrot, Gobble, and Daily Harvest. These companies offer a wide range of meal kits to cater to different dietary needs and preferences.
The market is characterized by innovation, with companies constantly introducing new products and features to attract customers. For instance, Blue Apron recently launched a new line of meal kits that are designed for families. These kits include recipes that are easy to prepare and appeal to children.
One of the key trends in the market is the growing popularity of subscription-based meal kits. These kits are delivered on a regular basis, usually weekly or bi-weekly, and provide customers with the ingredients and recipes they need to prepare meals at home. Subscription-based meal kits are becoming increasingly popular as they offer convenience and flexibility.
Another trend in the market is the growing demand for ready-to-eat meal kits. These kits include pre-cooked meals that can be heated and eaten immediately. Ready-to-eat meal kits are becoming increasingly popular as they offer a quick and easy way to have a home-cooked meal without the hassle of cooking.
North America is the largest market for meal kit delivery services, accounting for over 50% of the global market share. The United States is the largest market in North America, followed by Canada. Europe is the second largest market, followed by Asia Pacific.
The ready-to-cook segment is the largest segment in the market, accounting for over 60% of the global market share. The ready-to-eat segment is the second largest segment, followed by the on-demand segment.
The product insights report coverage includes:
The report deliverables include:
The market size is expected to grow from $17.4 billion in 2018 to $49.8 billion by 2032, at a CAGR of 14.5%. The market is driven by the increasing popularity of home-cooked meals, the rising demand for convenience, and the growing awareness of healthy eating.
The market is highly fragmented, with a large number of regional and global players competing for market share. The top players in the market include Blue Apron LLC, HelloFresh, Sun Basket, Marley Spoon Inc., Purple Carrot, Gobble, and Daily Harvest.
North America is the largest market for meal kit delivery services, accounting for over 50% of the global market share. The United States is the largest market in North America, followed by Canada. Europe is the second largest market, followed by Asia Pacific.
In January 2023, Chef Sung of New Rochelle introduced an Asian meal kit service in response to the gap in the market during the pandemic. Recognizing the need for diverse, restaurant-quality dining experiences at home, this new service delivers chef-curated Asian meal kits, offering customers the opportunity to enjoy authentic & convenient Asian cuisine in the comfort of their own homes, satisfying the growing demand for culinary diversity owing to the pandemic-induced dining changes.
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 14.5% from 2019-2033 |
Segmentation |
|
Note* : In applicable scenarios
Primary Research
Secondary Research
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
Market Insights Reports offers comprehensive market research reports and analysis, giving businesses important information about their clients, rivals, and sector to help them make well-informed decisions on operations, marketing, and business strategy. We offer a variety of services in addition to market research, data analysis, and strategy planning. In order to find opportunities and learn more about our competitors and the industry at large, we employ competitive analysis. To identify areas for development, we also evaluate our performance against that of our rivals. We can determine the places at which we can offer our clients the most value by performing value chain analysis.
Additionally, clients receive a thorough overview of their industry business environment. We can find trends that help us forecast future possibilities and threats by examining global macroeconomic dynamics and consumer behavior patterns. By analyzing their features and advantages, contrasting them with comparable items on the market, and evaluating both their quantitative and qualitative performance, we comprehensively evaluate our clients' products. This allows us to assist customers in determining how their goods compare to those of their rivals and in creating successful marketing plans. Our group has been successful in gaining a thorough grasp of our clients' requirements and offering them creative solutions. We currently provide services to more than 50 nations in Europe, the Middle East, Africa, Latin America, Asia Pacific, and North America. Because of our global reach, we have been able to establish trusting bonds with our partners and clients in various nations, improving customer service and forging a more cohesive worldwide presence.
See the similar reports