Meal Kit Delivery Services Market Size Worth $27.33 Billion By 2028

Published On: July 15, 2021

The global meal kit delivery services market size is estimated to arrive at USD 27.33 billion by 2028. It is projected to develop by 13.0% CAGR from 2021 to 2028.

The growing inclination for the home-produced mealtime between millennial, is likely to be the most important factor, adding to the enlargement of the market for meal kit delivery service.

Since, it appeals to public those wish for cook their individual foodstuff, without purchasing the necessary ingredients from the grocery store, meal kit delivery services are the right choice. Hence, this service is getting a huge success in the global market.

These meal kit delivery services are trendy between the citizens having necessity for particular diet, who have a preference for the pre-designed ingredients otherwise serving of food, in order that they can cook meals fast, persons dealing with various jobs, industrious parents, employed couples, and millennial.

Rising demand for meal kit delivery services has encouraged a huge amount of native small companies, to present these delivery services. Frequently, these meal kit delivery services give native food to which the citizens are experienced. Moreover, the offline trade comprises natively grown fruits and vegetables in the meal kit.

By way of the attendance of a big number of regional as well as global companies, the meal kit delivery services market is disjointed. The companies deal with strong contest, particularly from the topmost players, within the market, because they possess huge delivery networks, hefty base of customers and well-built appreciation for the brand name.

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Further key findings from the report suggest:

• In 2020, the online platform sector detained the leading, above 60.0% share of the market for meal kit delivery services

• The heat & eat sector is likely to record the highest 13.4% CAGR, during the forecast period

• Due to the rising number of customers having short of time, within the region, Asia Pacific is anticipated to record the highest 14.5% CAGR, during the forecast period

• As a result of the increasing demand for the better as well as reasonably priced option to pre-cooked foodstuff substances within the region, North America held more than 45.0% share and led the global, in 2020

Million Insights segmented the global meal kit delivery services market based on Offering, Platform, Service, and Region.

Meal Kit Delivery Services Offering Outlook (Revenue, USD Million, 2016 - 2028)
    • Cook & Eat
    • Heat & Eat

Meal Kit Delivery Services Outlook (Revenue, USD Million, 2016 - 2028)
    • Single
    • Multiple

Meal Kit Delivery Services Platform Outlook (Revenue, USD Million, 2016 - 2028)
    • Online
    • Offline

Meal Kit Delivery Services Regional Outlook (Revenue, USD Million, 2016 - 2028)
    • North America
        • U.S.
        • Mexico
    • Europe
        • Germany
        • U.K.
        • France
    • Asia Pacific
        • China
        • Japan
    • Central & South America
        • Brazil
    • Middle East & Africa

Companies

Various companies for meal kit delivery services market are:

    • Real Eats
    • Splendid Spoon
    • Snap Kitchen, LLC
    • Factor75 LLC
    • Fresh and Easy
    • bistroMD, LLC
    • Fresh n' Lean
    • Marley Spoon Inc.
    • Relish Labs LLC (Home Chef)
    • Green Chef Corporation
    • Freshly Inc.
    • Blue Apron, LLC
    • Diet-To-Go
    • Daily Harvest
    • Trifecta Inc.
    • Sun Basket
    • Cook Unity
    • Takeout Kit
    • Purple Carrot
    • Hungry root
    • Hello Fresh
    • Gobble
    • Every Plate