The meal kit delivery services market size has grown rapidly in recent years. It will grow from $22.05 billion in 2023 to $26.22 billion in 2024 at a compound annual growth rate (CAGR) of 18.9%. The growth in the historic period can be attributed to several factors, including an increase in the demand for healthy food options, the adoption of eco-friendly packaging materials, the increased preference of consumers for online ordering, economic growth, and the growing appeal of online grocery shopping platforms.
The meal kit delivery services market size is expected to see rapid growth in the next few years. It will grow to $53.02 billion in 2028 at a compound annual growth rate (CAGR) of 19.3%. The growth in the forecast period can be attributed to several factors, including the growing use of packaged meals, increased customization options for consumers, a rising preference for healthy foods, the increasing preference of consumers for online ordering, and the popularity of ready-to-cook food options. Major trends in the forecast period include technological innovations in meal kit delivery services, innovation in packaging to enhance convenience and sustainability, the integration of AI and machine learning technologies for personalized meal recommendations and improved logistics, tech integration and meal planning tools to enhance the customer experience, and the introduction of innovative products and technologies to meet changing consumer preferences.
The meal kit delivery service market is expected to grow due to the increasing preference for healthy foods. Healthy foods are those that provide essential nutrients for overall health and well-being, aligning with the growing wellness movement, preventive healthcare emphasis, and rising health consciousness. Meal kit delivery services cater to this preference by offering convenient access to healthy meals, bridging the gap between convenience and health and helping people adopt and maintain healthier eating habits. For example, a 2022 Food and Health Survey by The International Food Information Council (IFIC) found that 52% of Americans followed a specific diet or eating pattern, with clean eating, mindful eating, and calorie counting being top choices.
Leading companies in the meal kit delivery services market are innovating with platforms such as fleet delivery services to enhance their market position. Fleet delivery services involve using a group of vehicles owned or leased by a company for efficient transportation of goods. Hellofresh Private Limited introduced an In-House Fleet Delivery Service in November 2023, featuring dedicated vehicles with advanced route optimization for timely deliveries and real-time tracking. This service aims to improve accuracy, reduce delays, maintain freshness, and aligns with sustainability goals by cutting emissions and reducing packaging needs.
In December 2022, Intelligent Foods Limited acquired Gobble Inc. to expand its presence in the meal kit delivery services market. This acquisition allows Intelligent Foods to leverage Gobble's expertise and customer base, enhancing their offerings and market reach. Gobble Inc. specializes in providing quick and easy meal solutions for home cooking.
Major companies operating in the meal kit delivery services market are HelloFresh SE, Plated, ButcherBox OpCo LLC, Home Chef Coop Private Limited, Blue Apron Holdings Inc., Sun Basket, Gousto, Riverford Organic Veg Box Delivery, Daily Harvest Inc., ABEL and COLE LIMITED., Dinnerly, Sakara Life, Mindful Chef, Territory Foods, Allplants Ltd., Diet-To-Go, Gobble Inc., Purple Carrot, Chefmarket, Fresh Fitness Food Limited, Marley Spoon Inc., Snap Kitchen LLC, Zitronengras Kochhaus GmbH, Middagsfrid, PeachDish.
North America was the largest region in the meal kit delivery services market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the meal kit delivery services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the meal kit delivery services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Meal kit delivery services are subscription-based businesses that deliver pre-portioned ingredients and recipes directly to customers' homes, aiming to simplify meal preparation and offer convenience, variety, and the opportunity to cook at home without the hassle of meal planning and grocery shopping.
The main types of meal kit delivery services in the market are ready-to-cook and ready-to-eat. Ready-to-cook meal kits provide pre-measured ingredients along with recipes, requiring minimal preparation time from customers. These kits cater to various meal types including non-vegetarian, vegetarian, and vegan options, and are distributed through various channels such as stores and non-store platforms. They find applications in households, offices, and other settings.
The meal kit delivery services market research report is one of a series of new reports that provides meal kit delivery services market statistics, including meal kit delivery services industry global market size, regional shares, competitors with a meal kit delivery services market share, detailed meal kit delivery services market segments, market trends, and opportunities, and any further data you may need to thrive in the meal kit delivery services industry. This meal kit delivery services research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The meal kit delivery services market includes revenues earned by entities by providing services such as delivery to doorstep, flexible subscription plans, cooking tips and techniques, and waste reduction services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The meal kit delivery services market size is expected to see rapid growth in the next few years. It will grow to $53.02 billion in 2028 at a compound annual growth rate (CAGR) of 19.3%. The growth in the forecast period can be attributed to several factors, including the growing use of packaged meals, increased customization options for consumers, a rising preference for healthy foods, the increasing preference of consumers for online ordering, and the popularity of ready-to-cook food options. Major trends in the forecast period include technological innovations in meal kit delivery services, innovation in packaging to enhance convenience and sustainability, the integration of AI and machine learning technologies for personalized meal recommendations and improved logistics, tech integration and meal planning tools to enhance the customer experience, and the introduction of innovative products and technologies to meet changing consumer preferences.
The meal kit delivery service market is expected to grow due to the increasing preference for healthy foods. Healthy foods are those that provide essential nutrients for overall health and well-being, aligning with the growing wellness movement, preventive healthcare emphasis, and rising health consciousness. Meal kit delivery services cater to this preference by offering convenient access to healthy meals, bridging the gap between convenience and health and helping people adopt and maintain healthier eating habits. For example, a 2022 Food and Health Survey by The International Food Information Council (IFIC) found that 52% of Americans followed a specific diet or eating pattern, with clean eating, mindful eating, and calorie counting being top choices.
Leading companies in the meal kit delivery services market are innovating with platforms such as fleet delivery services to enhance their market position. Fleet delivery services involve using a group of vehicles owned or leased by a company for efficient transportation of goods. Hellofresh Private Limited introduced an In-House Fleet Delivery Service in November 2023, featuring dedicated vehicles with advanced route optimization for timely deliveries and real-time tracking. This service aims to improve accuracy, reduce delays, maintain freshness, and aligns with sustainability goals by cutting emissions and reducing packaging needs.
In December 2022, Intelligent Foods Limited acquired Gobble Inc. to expand its presence in the meal kit delivery services market. This acquisition allows Intelligent Foods to leverage Gobble's expertise and customer base, enhancing their offerings and market reach. Gobble Inc. specializes in providing quick and easy meal solutions for home cooking.
Major companies operating in the meal kit delivery services market are HelloFresh SE, Plated, ButcherBox OpCo LLC, Home Chef Coop Private Limited, Blue Apron Holdings Inc., Sun Basket, Gousto, Riverford Organic Veg Box Delivery, Daily Harvest Inc., ABEL and COLE LIMITED., Dinnerly, Sakara Life, Mindful Chef, Territory Foods, Allplants Ltd., Diet-To-Go, Gobble Inc., Purple Carrot, Chefmarket, Fresh Fitness Food Limited, Marley Spoon Inc., Snap Kitchen LLC, Zitronengras Kochhaus GmbH, Middagsfrid, PeachDish.
North America was the largest region in the meal kit delivery services market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the meal kit delivery services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the meal kit delivery services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Meal kit delivery services are subscription-based businesses that deliver pre-portioned ingredients and recipes directly to customers' homes, aiming to simplify meal preparation and offer convenience, variety, and the opportunity to cook at home without the hassle of meal planning and grocery shopping.
The main types of meal kit delivery services in the market are ready-to-cook and ready-to-eat. Ready-to-cook meal kits provide pre-measured ingredients along with recipes, requiring minimal preparation time from customers. These kits cater to various meal types including non-vegetarian, vegetarian, and vegan options, and are distributed through various channels such as stores and non-store platforms. They find applications in households, offices, and other settings.
The meal kit delivery services market research report is one of a series of new reports that provides meal kit delivery services market statistics, including meal kit delivery services industry global market size, regional shares, competitors with a meal kit delivery services market share, detailed meal kit delivery services market segments, market trends, and opportunities, and any further data you may need to thrive in the meal kit delivery services industry. This meal kit delivery services research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The meal kit delivery services market includes revenues earned by entities by providing services such as delivery to doorstep, flexible subscription plans, cooking tips and techniques, and waste reduction services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Meal Kit Delivery Services Market Characteristics3. Meal Kit Delivery Services Market Trends And Strategies32. Global Meal Kit Delivery Services Market Competitive Benchmarking33. Global Meal Kit Delivery Services Market Competitive Dashboard34. Key Mergers And Acquisitions In The Meal Kit Delivery Services Market
4. Meal Kit Delivery Services Market - Macro Economic Scenario
5. Global Meal Kit Delivery Services Market Size and Growth
6. Meal Kit Delivery Services Market Segmentation
7. Meal Kit Delivery Services Market Regional And Country Analysis
8. Asia-Pacific Meal Kit Delivery Services Market
9. China Meal Kit Delivery Services Market
10. India Meal Kit Delivery Services Market
11. Japan Meal Kit Delivery Services Market
12. Australia Meal Kit Delivery Services Market
13. Indonesia Meal Kit Delivery Services Market
14. South Korea Meal Kit Delivery Services Market
15. Western Europe Meal Kit Delivery Services Market
16. UK Meal Kit Delivery Services Market
17. Germany Meal Kit Delivery Services Market
18. France Meal Kit Delivery Services Market
19. Italy Meal Kit Delivery Services Market
20. Spain Meal Kit Delivery Services Market
21. Eastern Europe Meal Kit Delivery Services Market
22. Russia Meal Kit Delivery Services Market
23. North America Meal Kit Delivery Services Market
24. USA Meal Kit Delivery Services Market
25. Canada Meal Kit Delivery Services Market
26. South America Meal Kit Delivery Services Market
27. Brazil Meal Kit Delivery Services Market
28. Middle East Meal Kit Delivery Services Market
29. Africa Meal Kit Delivery Services Market
30. Meal Kit Delivery Services Market Competitive Landscape And Company Profiles
31. Meal Kit Delivery Services Market Other Major And Innovative Companies
35. Meal Kit Delivery Services Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Meal Kit Delivery Services Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on meal kit delivery services market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase:
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- Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for meal kit delivery services ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The meal kit delivery services market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Ready-To-Cook; Ready-To-Eat2) By Meal Type: Non-Vegetarian; Vegetarian; Vegan
3) By Distribution: Store; Non-Store
4) By Application: Household; Office; Other Applications
Key Companies Mentioned: HelloFresh SE; Plated; ButcherBox OpCo LLC; Home Chef Coop Private Limited; Blue Apron Holdings Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- HelloFresh SE
- Plated
- ButcherBox OpCo LLC
- Home Chef Coop Private Limited
- Blue Apron Holdings Inc.
- Sun Basket
- Gousto
- Riverford Organic Veg Box Delivery
- Daily Harvest Inc.
- ABEL and COLE LIMITED.
- Dinnerly
- Sakara Life
- Mindful Chef
- Territory Foods
- Allplants Ltd.
- Diet-To-Go
- Gobble Inc.
- Purple Carrot
- Chefmarket
- Fresh Fitness Food Limited
- Marley Spoon Inc.
- Snap Kitchen LLC
- Zitronengras Kochhaus GmbH
- Middagsfrid
- PeachDish
Methodology
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