OFFLINE MEAL KIT- MARKET RESEARCH REPORT
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Key Companies & Market Share Insights
The market for meal kit delivery services is characterized by the presence of a few well-established players and several small and medium players. Mergers and acquisitions are among the key strategic initiatives in the industry. For instance, in November 2020, HelloFresh acquired Factor75, LLC for USD 277 million. The acquisition was aimed at strengthening HelloFresh’s position in the U.S. market and expanding its consumer base across the country.
Similarly, in November 2020, Nestlé acquired Freshly Inc. for USD 950 million. This acquisition was aimed at boosting the growth opportunities for Freshly Inc. The acquisition also allowed Nestlé to enter the fast-growing meal kit service industry in the U.S. Some prominent players in the global meal kit delivery services market include:
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