Emerging Opportunities with Key players
Albertsons Companies Inc.: The company offers meal kits that are initially available at Safeway stores in Northern California for shoppers to ease their lifestyle and cooking experience, under the brand name Plated.
Blue Apron Holdings Inc.: The company provides meal kit delivery services and offers weekly boxes of pre-portioned ingredients and offers wines and gifts.
HelloFresh SE: The company offers meal kits with a menu that differs from day to day and delivers a variety of options for its customers, under the brand name Hello Fresh.
Meal Kit Delivery Services Market 2021-2025: Segmentation
Meal kit delivery services market is segmented as below:
- Product
- Non-vegetarian
- Vegetarian
- Geography
- North America
- Europe
- APAC
- South America
- MEA
The non-vegetarian segment generated maximum revenue in the market in 2020. The growing popularity of the paleo diet is expected to drive the growth of the non-vegetarian segment during the forecast period. By geography, North America will observe maximum growth. The region currently holds 54% of the global market share. The increasing awareness about meal kits, the presence of a large number of players, and the rising number of working women are driving the growth of the meal kit delivery services market in North America.
The meal kit delivery services market is driven by cost-effective solutions and the availability of diverse choices. In addition, the increasing awareness among consumers about the consumption of nutritious and healthy meals is expected to trigger the meal kit delivery services market toward witnessing a CAGR of over 11% during the forecast period.
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Market Drivers
Market Challenges
Market Trends
Vendor Landscape
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
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Meal Kit Delivery Services Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of over 11% |
Market growth 2021-2025 |
USD 11.12 billion |
Market structure |
Fragmented |
YoY growth (%) |
-18.67 |
Regional analysis |
North America, Europe, APAC, South America, and MEA |
Performing market contribution |
North America at 54% |
Key consumer countries |
US, UK, Germany, China, and Japan |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Albertsons Companies Inc., Blue Apron Holdings Inc., HelloFresh SE, Koninklijke Ahold Delhaize NV, Mindful Chef Ltd., Oisix ra daichi Inc., SunBasket Inc., The Kroger Co., Tyson Foods Inc., and William Jackson Food Group. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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