Meal Kit Delivery Service Market Report: Trends, Forecast and Competitive Analysis to 2030
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Meal Kit Delivery Service Trends and Forecast
The future of the global meal kit delivery service market looks promising with opportunities in the ready-to-cook and ready-to-eat markets. The global meal kit delivery service market is expected to reach an estimated $25.3 billion by 2030 with a CAGR of 13.6% from 2024 to 2030. The major drivers for this market are growing millennials' desire for chef-prepared and home-cooked meals, growing desire for quick and easy cooking options, as well as, rising need for work-life harmony and the change to busier lives.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Meal Kit Delivery Service by Segment
The study includes a forecast for the global meal kit delivery service by food type, delivery model, serving, and region.
Meal Kit Delivery Service Market by Food Type [Shipment Analysis by Value from 2018 to 2030]:
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies meal kit delivery service companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the meal kit delivery service companies profiled in this report include-
Lucintel forecasts that subscription-based is expected to witness the higher growth over the forecast period due to convenience, predictability, and cost savings, making them attractive to busy individuals and families.
North America is expected to witness highest growth over the forecast period due to increased customer preferences for ready-to-eat and ready-to-cook meals, the existence of multiple market participants in the region, and an increase in the region's working population.
Features of the Global Meal Kit Delivery Service Market
Market Size Estimates: Meal kit delivery service market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Meal kit delivery service market size by food type, delivery model, serving, and region in terms of value ($B).
Regional Analysis: Meal kit delivery service market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different food type, delivery model, serving, and regions for the meal kit delivery service market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the meal kit delivery service market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the meal kit delivery service market size?
Answer: The global meal kit delivery service market is expected to reach an estimated $25.3 billion by 2030.
Q2. What is the growth forecast for meal kit delivery service market?
Answer: The global meal kit delivery service market is expected to grow with a CAGR of 13.6% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the meal kit delivery service market?
Answer: The major drivers for this market are growing millennials' desire for chef-prepared and home-cooked meals, growing desire for quick and easy cooking options, as well as, rising need for work-life harmony and the change to busier lives.
Q4. What are the major segments for meal kit delivery service market?
Answer: The future of the global meal kit delivery service market looks promising with opportunities in the ready-to-cook and ready-to-eat markets.
Q5. Who are the key meal kit delivery service market companies?
Answer: Some of the key meal kit delivery service companies are as follows:
Answer: Lucintel forecasts that subscription-based is expected to witness the higher growth over the forecast period due to convenience, predictability, and cost savings, making them attractive to busy individuals and families.
Q7. In meal kit delivery service market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period due to increased customer preferences for ready-to-eat and ready-to-cook meals, the existence of multiple market participants in the region, and an increase in the region's working population.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the meal kit delivery service market by food type (ready-to-cook and ready-to-eat), delivery model (subscription-based and on-demand), serving (single and multiple), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Meal Kit Delivery Service Market, Meal Kit Delivery Service Market Size, Meal Kit Delivery Service Market Growth, Meal Kit Delivery Service Market Analysis, Meal Kit Delivery Service Market Report, Meal Kit Delivery Service Market Share, Meal Kit Delivery Service Market Trends, Meal Kit Delivery Service Market Forecast, Meal Kit Delivery Service Companies, write Lucintel analyst at email: [email protected]. We will be glad to get back to you soon.
Meal Kit Delivery Service Trends and Forecast
The future of the global meal kit delivery service market looks promising with opportunities in the ready-to-cook and ready-to-eat markets. The global meal kit delivery service market is expected to reach an estimated $25.3 billion by 2030 with a CAGR of 13.6% from 2024 to 2030. The major drivers for this market are growing millennials' desire for chef-prepared and home-cooked meals, growing desire for quick and easy cooking options, as well as, rising need for work-life harmony and the change to busier lives.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Meal Kit Delivery Service by Segment
The study includes a forecast for the global meal kit delivery service by food type, delivery model, serving, and region.
Meal Kit Delivery Service Market by Food Type [Shipment Analysis by Value from 2018 to 2030]:
- Ready-To-Cook
- Ready-To-Eat
- Subscription-Based
- On-Demand
- Single
- Multiple
- North America
- Europe
- Asia Pacific
- The Rest of the World
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies meal kit delivery service companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the meal kit delivery service companies profiled in this report include-
- Blue Apron
- HelloFresh
- Sun Basket
- Marley Spoon
- Purple Carrot
- Gobble
- Daily Harvest
Lucintel forecasts that subscription-based is expected to witness the higher growth over the forecast period due to convenience, predictability, and cost savings, making them attractive to busy individuals and families.
North America is expected to witness highest growth over the forecast period due to increased customer preferences for ready-to-eat and ready-to-cook meals, the existence of multiple market participants in the region, and an increase in the region's working population.
Features of the Global Meal Kit Delivery Service Market
Market Size Estimates: Meal kit delivery service market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Meal kit delivery service market size by food type, delivery model, serving, and region in terms of value ($B).
Regional Analysis: Meal kit delivery service market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different food type, delivery model, serving, and regions for the meal kit delivery service market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the meal kit delivery service market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the meal kit delivery service market size?
Answer: The global meal kit delivery service market is expected to reach an estimated $25.3 billion by 2030.
Q2. What is the growth forecast for meal kit delivery service market?
Answer: The global meal kit delivery service market is expected to grow with a CAGR of 13.6% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the meal kit delivery service market?
Answer: The major drivers for this market are growing millennials' desire for chef-prepared and home-cooked meals, growing desire for quick and easy cooking options, as well as, rising need for work-life harmony and the change to busier lives.
Q4. What are the major segments for meal kit delivery service market?
Answer: The future of the global meal kit delivery service market looks promising with opportunities in the ready-to-cook and ready-to-eat markets.
Q5. Who are the key meal kit delivery service market companies?
Answer: Some of the key meal kit delivery service companies are as follows:
- Blue Apron
- HelloFresh
- Sun Basket
- Marley Spoon
- Purple Carrot
- Gobble
- Daily Harvest
Answer: Lucintel forecasts that subscription-based is expected to witness the higher growth over the forecast period due to convenience, predictability, and cost savings, making them attractive to busy individuals and families.
Q7. In meal kit delivery service market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period due to increased customer preferences for ready-to-eat and ready-to-cook meals, the existence of multiple market participants in the region, and an increase in the region's working population.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the meal kit delivery service market by food type (ready-to-cook and ready-to-eat), delivery model (subscription-based and on-demand), serving (single and multiple), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Meal Kit Delivery Service Market, Meal Kit Delivery Service Market Size, Meal Kit Delivery Service Market Growth, Meal Kit Delivery Service Market Analysis, Meal Kit Delivery Service Market Report, Meal Kit Delivery Service Market Share, Meal Kit Delivery Service Market Trends, Meal Kit Delivery Service Market Forecast, Meal Kit Delivery Service Companies, write Lucintel analyst at email: [email protected]. We will be glad to get back to you soon.
1. EXECUTIVE SUMMARY
2. GLOBAL MEAL KIT DELIVERY SERVICE MARKET : MARKET DYNAMICS
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. MARKET TRENDS AND FORECAST ANALYSIS FROM 2018 TO 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Meal Kit Delivery Service Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Meal Kit Delivery Service Market by Food Type
3.3.1: Ready-to-cook
3.3.2: Ready-to-eat
3.4: Global Meal Kit Delivery Service Market by Delivery Model
3.4.1: Subscription-Based
3.4.2: On-Demand
3.5: Global Meal Kit Delivery Service Market by Serving
3.5.1: Single
3.5.2: Multiple
4. MARKET TRENDS AND FORECAST ANALYSIS BY REGION FROM 2018 TO 2030
4.1: Global Meal Kit Delivery Service Market by Region
4.2: North American Meal Kit Delivery Service Market
4.2.1: North American Meal Kit Delivery Service Market by Food Type: Ready-to-cook and Ready-to-eat
4.2.2: North American Meal Kit Delivery Service Market by Delivery Model: Subscription-Based and On-Demand
4.3: European Meal Kit Delivery Service Market
4.3.1: European Meal Kit Delivery Service Market by Food Type: Ready-to-cook and Ready-to-eat
4.3.2: European Meal Kit Delivery Service Market by Delivery Model: Subscription-Based and On-Demand
4.4: APAC Meal Kit Delivery Service Market
4.4.1: APAC Meal Kit Delivery Service Market by Food Type: Ready-to-cook and Ready-to-eat
4.4.2: APAC Meal Kit Delivery Service Market by Delivery Model: Subscription-Based and On-Demand
4.5: ROW Meal Kit Delivery Service Market
4.5.1: ROW Meal Kit Delivery Service Market by Food Type: Ready-to-cook and Ready-to-eat
4.5.2: ROW Meal Kit Delivery Service Market by Delivery Model: Subscription-Based and On-Demand
5. COMPETITOR ANALYSIS
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. GROWTH OPPORTUNITIES AND STRATEGIC ANALYSIS
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Meal Kit Delivery Service Market by Food Type
6.1.2: Growth Opportunities for the Global Meal Kit Delivery Service Market by Delivery Model
6.1.3: Growth Opportunities for the Global Meal Kit Delivery Service Market by Serving
6.1.4: Growth Opportunities for the Global Meal Kit Delivery Service Market by Region
6.2: Emerging Trends in the Global Meal Kit Delivery Service Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Meal Kit Delivery Service Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Meal Kit Delivery Service Market
6.3.4: Certification and Licensing
7. COMPANY PROFILES OF LEADING PLAYERS
7.1: Blue Apron
7.2: HelloFresh
7.3: Sun Basket
7.4: Marley Spoon
7.5: Purple Carrot
7.6: Gobble
7.7: Daily Harvest
2. GLOBAL MEAL KIT DELIVERY SERVICE MARKET : MARKET DYNAMICS
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. MARKET TRENDS AND FORECAST ANALYSIS FROM 2018 TO 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Meal Kit Delivery Service Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Meal Kit Delivery Service Market by Food Type
3.3.1: Ready-to-cook
3.3.2: Ready-to-eat
3.4: Global Meal Kit Delivery Service Market by Delivery Model
3.4.1: Subscription-Based
3.4.2: On-Demand
3.5: Global Meal Kit Delivery Service Market by Serving
3.5.1: Single
3.5.2: Multiple
4. MARKET TRENDS AND FORECAST ANALYSIS BY REGION FROM 2018 TO 2030
4.1: Global Meal Kit Delivery Service Market by Region
4.2: North American Meal Kit Delivery Service Market
4.2.1: North American Meal Kit Delivery Service Market by Food Type: Ready-to-cook and Ready-to-eat
4.2.2: North American Meal Kit Delivery Service Market by Delivery Model: Subscription-Based and On-Demand
4.3: European Meal Kit Delivery Service Market
4.3.1: European Meal Kit Delivery Service Market by Food Type: Ready-to-cook and Ready-to-eat
4.3.2: European Meal Kit Delivery Service Market by Delivery Model: Subscription-Based and On-Demand
4.4: APAC Meal Kit Delivery Service Market
4.4.1: APAC Meal Kit Delivery Service Market by Food Type: Ready-to-cook and Ready-to-eat
4.4.2: APAC Meal Kit Delivery Service Market by Delivery Model: Subscription-Based and On-Demand
4.5: ROW Meal Kit Delivery Service Market
4.5.1: ROW Meal Kit Delivery Service Market by Food Type: Ready-to-cook and Ready-to-eat
4.5.2: ROW Meal Kit Delivery Service Market by Delivery Model: Subscription-Based and On-Demand
5. COMPETITOR ANALYSIS
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. GROWTH OPPORTUNITIES AND STRATEGIC ANALYSIS
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Meal Kit Delivery Service Market by Food Type
6.1.2: Growth Opportunities for the Global Meal Kit Delivery Service Market by Delivery Model
6.1.3: Growth Opportunities for the Global Meal Kit Delivery Service Market by Serving
6.1.4: Growth Opportunities for the Global Meal Kit Delivery Service Market by Region
6.2: Emerging Trends in the Global Meal Kit Delivery Service Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Meal Kit Delivery Service Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Meal Kit Delivery Service Market
6.3.4: Certification and Licensing
7. COMPANY PROFILES OF LEADING PLAYERS
7.1: Blue Apron
7.2: HelloFresh
7.3: Sun Basket
7.4: Marley Spoon
7.5: Purple Carrot
7.6: Gobble
7.7: Daily Harvest
