Meal kit delivery services includes distributing meal kits that that contain pre-portioned ingredients and instructions that consumers use to cook at home. Healthier eating habits and the growing popularity of ecommerce spurred demand from this industry. While revenue was already increasing rapidly, COVID-19 became the catalyst for success as consumers ordered meal kits as an alternative to grocery shopping. Revenue grew at a CAGR of 18.8% to $8.3 billion over the past five years, including a 4.6% increase in 2023 alone.Dished up: Higher-income consumers will continue to keep their subscriptions intact
Companies in this industry distribute meal kits that contain pre-portioned ingredients and instructions that consumers use to cook at home. This industry does not include grocery or cooked meal delivery.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
ABOUT THIS INDUSTRY- Industry Definition
- Main Activities
- Similar Industries
- Additional Resources
INDUSTRY PERFORMANCE
- Executive Summary
- Key External Drivers
- Current Performance
- Industry Outlook
- Industry Life Cycle
- Supply Chain
- Products & Services
- Demand Determinants
- Major Markets
- International Trade
- Business Locations
- Market Share Concentration
- Key Success Factors
- Cost Structure Benchmarks
- Basis of Competition
- Barriers to Entry
- Industry Globalization
OPERATING CONDITIONS
- Capital Intensity
- Technology & Systems
- Revenue Volatility
- Regulation & Policy
- Industry Assistance
- Industry Data
- Annual Change
- Key Ratios
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Hellofresh Se
- Relish Labs Llc
- Blue Apron Holdings, Inc.
- Sun Basket, Inc.
Methodology
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