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Meal Kit Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Blue Apron, HelloFresh, Home Chef, Sun Basket, Plated

13 Jun, 2022 | 125 Pages
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Acknowledging the kind of traction gained by this market, Industry Data Analytics recently published a study report asserts the global Meal Kit Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 17.9% during the review period (2022 to 2027).



Meal Kit Market Overview



The growing disposable income among young consumers and lack of time to prepare comprehensive food are helping to grow the Market. Further, reducing food wastage by going eco-friendly and growing the urban population are driving the growth of the market. Furthermore, the regular supply of customized food products, which is not possible by the consumers by themselves, is helping to grow this market at a very high rate in developed and developing countries.



Though, a lack of consciousness among several potential consumers about this new concept is affecting the growth of the market. Moreover, uncertain economic situations and food security are hampering the growth of the Meal Kit Market. The rising awareness about the customized food products delivery at the entrance among millennial consumers through social media and another source of media is predictable to boost the demand for the meal kits shortly.



Industry Developments:



Blue Apron Introduces Seasonal Meal Kits



June 09, 2022: NEW YORK--(BUSINESS WIRE)-- Blue Apron (NYSE: APRN) is now offering limited-time, seasonal meal kits that will be available throughout the year to help bring special occasions to life. The options will include recipe formats that feature ‘best of the season’ proteins, produce and ingredients for a premium and memorable experience. The new category is launching with a Summer Lobster Box, available to order on June 10 with or without a subscription.



Who are the Major Players in Meal Kit Market?



The Foldable Intermediate Bulk Containers (IBC) Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, and the prices they charge. These are the main players in this market includes Blue Apron, HelloFresh, Home Chef, Sun Basket, Plated, AmazonFresh, Veestro, Green Chef, PeachDish and Gobble Inc and others.



What are the major Applications, Types and Regions for Meal Kit Market?



Meal Kit Market is segmented based on the Types , applications, End users, companies and regions.



Global Meal Kit Market, by Types




  • Regional Cuisine Meal Kit

  • Health- Conscious Meal Kit

  • Omnivore Meal Kit

  • Others



Global Meal Kit Market, by Serving




  • Two Serving

  • Family/Four Serving

  • Others



Meal Kit Market Regional Analysis



54% of the market's growth will originate from North America during the forecast period 2022-2027. The US is the key market for meal kits in North America. Market growth in this region will be faster than the growth of the market in the European, MEA, and South American regions.The rising number of working populations looking for convenient and easy-to-prepare meal options will facilitate the meal kit market growth in North America over the forecast period.




  • North America


    • US

    • Canada



  • Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Rest of Europe



  • Asia-Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Rest of Asia-Pacific



  • Rest of the World

    • Middle East & Africa

    • Latin America





What is our Meal Kit Market report scope?



 























































Report Attributes



Report Details



Forecast Period 2022 to 2027 CAGR



CAGR of 17.9% during the review period (2022 to 2027).



By   Types



         




  • Regional Cuisine Meal Kit

  • Health- Conscious Meal Kit

  • Omnivore Meal Kit

  • Others



By   Serving






    • Two Serving

    • Family/Four Serving

    • Others





By Companies



Blue Apron, HelloFresh, Home Chef, Sun Basket, Plated, AmazonFresh, Veestro, Green Chef, PeachDish and Gobble Inc.



Regions Covered




  • North America

  • Europe

  • Asia-Pacific

  • Rest of the World



Countries Covered




  • US

  • Canada

  • Germany

  • France

  • UK

  • Italy

  • Spain

  • Rest of Europe

  • China

  • Japan

  • India

  • Australia

  • South Korea

  • Rest of Asia-Pacific

  • Middle East & Africa

  • Latin America



Base Year



2022



Historical Year



2017 to 2021



Forecast Year



2022 to 2027



Number of Pages



125



Customization Available



Yes, the report can be customized as per your needs




 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



Key Takeaways from this Meal Kit Report




  • Evaluate Meal Kit market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.

  • Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.

  • Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.

  • Analyze the sales and distribution channels across geographies to enhance top-line revenues.

  • Market share held by each application segment with respect to the market renumeration and sales estimates over the forecast timeline are stated in the report.

  • Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.

  • Get a quick outlook on the Meal Kit market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.

  • Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.

  • It further investigates the specifics that are positively impacting the profit graph of this business sphere.

  • The study also elaborates the critical factors which will augment the commercial terrain of the Meal Kit market.



Frequently Asked Questions



What is the study period of this market?



The Meal Kit Market is studied from 2017 - 2027.



What is the growth rate of Meal Kit Market?



The Meal Kit Market is growing at a CAGR of 17.9% over the next 5 years.



Who are the leading key players in Meal Kit Market?



Blue Apron, HelloFresh, Home Chef, Sun Basket, Plated, AmazonFresh, Veestro, Green Chef, PeachDish and Gobble Inc.



What regions regions does this Meal Kit Market report covers?



North America (the United States, Canada, and Mexico)



Europe (Germany, France, UK, Russia, and Italy)



Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)



South America (Brazil, Argentina, Colombia, etc.)



The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)



What are the significant types of Meal Kit Market?



Regional Cuisine Meal Kit, Health- Conscious Meal Kit, Omnivore Meal Kit, Others



What are the significant applications of Meal Kit Market?



Two Serving, Family/Four Serving, Others



All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.



 


  1. INTRODUCTION

    1. MARKET DEFINATION

    2. MARKET DYNAMICS

    3. MARKET SEGMENTATION

    4. REPORT TIMLINES

    5. KEY STAKEHOLDERS



  2. RESEARCH METHODOLOGY

    1. DATA MINING

      1. SECONDARY RESEARCH

      2. PRIMARY RESEARCH

      3. SUBJECT MATTER EXPERT ADVICE



    2. QUALITY CHECK

    3. FINAL REVIEW

      1. DATA TRIANGULATION

      2. BOTTOM-UP APPROACH

      3. TOP-DOWN APPROACH



    4. RESEARCH FLOW



  3. EXECUTIVE SUMMARY

    1. INTRODUCTION

    2. GLOBAL MEAL KIT MARKET BY TYPES

    3. GLOBAL MEAL KIT MARKET BY SERVING



  4. MARKET DYNAMICS

    1. DRIVERS

      1. INCREASING DEMAND FOR MEAL KIT



    2. RESTRAINTS

      1. STRINGENT ENVIRONMENTAL REGUALTIONS

      2. HIGH COST ON MATERIALS



    3. OPPORTUNITIES

      1. MEAL KIT GROWTH

      2. APPLICATION OF MEAL KIT



    4. IMPACT OF COVID 19



  5. GLOBAL MEAL KIT MARKET, BY TYPES

    1. INTRODUCTION

    2. REGIONAL CUISINE MEAL KIT

    3. HEALTH- CONSCIOUS MEAL KIT

    4. OMNIVORE MEAL KIT

    5. OTHERS



  6. GLOBAL MEAL KIT MARKET, BY SERVING

    1. INTRODUCTION

    2. TWO SERVING

    3. FAMILY/FOUR SERVING

    4. OTHERS



  7. GLOBAL MEAL KIT MARKET, BY REGION

    1. NORTH AMERICA

      1. US

      2. CANADA

      3. MEXICO



    2. EUROPE

      1. GERMANY

      2. FRANCE

      3. UK

      4. ITALY

      5. RUSSIA

      6. REST OF EUROPE



    3. APAC

      1. CHINA

      2. SOUTH KOREA

      3. JAPAN

      4. INDIA

      5. AUSTRALIA

      6. ASEAN

      7. REST OF APAC



    4. MIDDLE EAST & AFRICA

      1. SAUDI ARABIA

      2. UAE

      3. SOUTH AFRICA

      4. TURKEY

      5. REST OF MEA



    5. SOUTH AMERICA

      1. BRAZIL

      2. REST OF MEA

      3. ARGENTINA

      4. REST OF SOUTH AMERICA





  8. COMPETITIVE LANDSCAPE

    1. MERGERS, ACQUISITIONS, JOINT VENTURES, COLLABORATIONS,

    2. AND AGREEMENTS

      1. KEY DEVELOPMENT



    3. MARKET SHARE (%) **/RANKING ANALYSIS

    4. STRATEGIES ADOPTED BY LEADING PLAYERS

      1. COMPANY PROFILES

        1. BUSINESS OVERVIEW

        2. COMPANY SNAPSHOT

        3. PRODUCT BENCHMARKING

        4. STRATEGIC INITIATIVES

          1. BLUE APRON

          2. HELLOFRESH

          3. HOME CHEF

          4. SUN BASKET

          5. PLATED

          6. AMAZONFRESH

          7. VEESTRO

          8. GREEN CHEF

          9. PEACHDISH

          10. GOBBLE INC.









SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

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