Press release
Global Meal Kit Is Expected To Drive The Industry And Witness Exponential Growth By 2031
The global meal kit market size is expected to grow from $11.19 billion in 2021 to $13.50 billion in 2022 at a compound annual growth rate (CAGR) of 20.64%. The growth in the market mainly due to the companies' resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The global meal kits market size is expected to reach $23.23 billion in 2026 at a CAGR of 14.54%.The Business Research Company offers the Meal Kit Global Market Report 2022 in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market's historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.
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The meal kit market consists of the sales of meal kits by entities (organizations, sole traders, and partnerships) that prepare and deliver customised food ingredients, pre-cooked meals, half-cooked food products, and fresh ingredients to customers to further prepare their meals conveniently. Meal kits are an alternative to grocery shopping as they reduce trips to the grocery store, are affordable in nutrition, time, and cost-saving, and reduce food wastage. These are convenient and offer the opportunity to prepare foods at home in less time.
Some key meal kit market players are Hello Fresh, Blue Apron Holdings, Inc., Home Chef, Marley Spoon, Inc., Sun Basket, Gousto, Green Chef Corporation, Gobble, Inc., The Purple Carrot, Foodstirs, Inc., Freshly, Daily Harvest, Fresh Direct, Snap Kitchen, Veestro, EveryPlate, Sakara Life, Yumble, Hungryroot, Dinnerly, Ahold USA, PeachDish, Just Add Cooking, Relish Labs LLC, Fit Foods Club, Fresh Prep, Fuud Canada, Global Belly, Goodness Me, Quitoque, and Kroger Prepx.
The countries covered in the global meal kit market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global meal kit market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Meal Kit Market Segmentation:
By Type
1. Fresh Food
2. Processed Food
By Category
1. Vegetarian
2. Non-Vegetarian
By Distribution Channel
1. Hypermarket/Supermarket
2. Convenience Store
3. Specialty Food Stores
4. Small Grocery Stores
5. Online Stores
See more on the report at https://www.thebusinessresearchcompany.com/report/meal-kit-global-market-report
The Report's Table Of Contents includes
1. Executive Summary
2. Meal Kit Market Characteristics
3. Meal Kit Market Trends And Strategies
4. Impact Of COVID-19 On Meal Kit
5. Meal Kit Market Size And Growth
……
26. Africa Meal Kit Market
27. Meal Kit Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Meal Kit Market
29. Meal Kit Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the meal kit market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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