Meal Kit Delivery Services Market Outlook, Developments And Industry Growth Forecast 2022 To 28

The research report "Global Meal Kit Delivery Services Market: By Age (more than 25, 35-44, 55-64, 25-34, 45-54, and Older), By End User (Online & Offline), and Geography- Global/Region/Country Forecast to 2028." The meal kit delivery services market size was projected at USD 10.17 Bn in 2021, growing at a CAGR rate of 11.2% during the forthcoming years 2022-2028.

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An overview on the Global Meal Kit Delivery Services Market:
Workaholic nature of today's generation is fuelling the global market growth. This generation does not have the time to prepare meal for themselves. In such situation, online and offline pre-portioned recipes and food ingredients to prepare home cooked meals have major role in fulfilling the need of the consumers. These meal kit delivery services fascinate people of all age. People also prefer to make an online order rather going out and purchasing the ingredients for cooking because of the environmental factors. This market also provided new job opportunities in terms of delivery boys for fast food delivery. Global meal kit delivery services market is surging due to the frequent innovations and advancement of novel products and strategy by the key players. For example, Rewe has also introduced its own mea kit delivery service in Germany in January 2017. The health-focused food box company in October 2017 has selected Crowdcube to lift its next growth finance round. Meal kit delivery services offer perfectly-portioned ingredients that can be easily cooked, hence it saves a lot of time and at the similar time offers the freshly cooked homemade meal taste.

North America accounted for major share in the Meal Kit Delivery Services Market:
North America got larger revenue share in the global market with considerable CAGR rate. The global meal kit delivery market was dominated by the North America meal kit delivery services during the period 2013-2018 and anticipated to dominate 2019-2025 because of the major players operating in the market and offering customized by the companies on the basis of food habits of customers. For example, gluten-free food diet is famous in the U.S. Europe leads the global market after North Market because of their quick delivery of meal to their door step and their busy life style. India, Japan and China are also adopting such meal kit delivery services and their market is anticipated to grow in good pace during the predictable future because of the emerging countries and growing urbanization.

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Competitive Analysis - Global Meal Kit Delivery Services Market
A few key players working in the global meal kit delivery services market are Blue Apron Holdings, Inc. (US), Sun Basket (US), Albertsons Companies LLC (US), com, Inc. (US) and Marley Spoon Inc. (Germany). Key players in the market focus on following key strategies to increase their product portfolio and strengthen their position in the marketplace.

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