Meal Kit Delivery Services Market is Estimated to Grow at a CAGR of 16.4% within the forecast period of 2023 to 2030: Cognitive Market Research

Market Overview
- Services that send pre-cooked meals are called meal delivery services. With meal kits, service ingredients are delivered with easy-to-follow recipes straight to the doorstep. Meal kit delivery services are more than just heat and eat. The ingredients for preparing a meal come boxed with a recipe on how to make it. So, customers still prepare a homecooked meal, but the recipe searching, list-making, and grocery store run aren't necessary.

Summary
- Global Meal Kit Delivery Services Market size was valued at USD 7.97 billion in 2023 and is expected to witness a compound annual growth rate (CAGR) of 16.4% from 2023 to 2030.
- North America is the dominating region for the meal kit delivery system market, and Europe is the second largest contributor in this market.

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Market Dynamics
- Millennials' increasing preference for home-cooked and chef-cooked food, increasing demand for convenient food products, and migration from rural to urban areas are the major driving factors for the Meal Kit Delivery Services. With the increasing working female population, and due to working hours, people are not getting enough time to cook whole meals, which demands ready-to-cook products or meals, which is fuelling the growth of the meal kit delivery services market. Further, growth in the popularity of ghost kitchens can create opportunities for the market in the forecast period.

Market Segmentation:
By Food Type
- Complete Meal
- A la carte

By Customer Type
- Employed
- Unemployed
The employed market is the dominating segment according to customer types. Employed people have better spending capacity than unemployed people.

By Relationship Status
- Married
- Single
A single market segment is the largest contributor to the meal kit delivery system. This is due to the single-working population preferring ready-to-cook or ready-meal kits for their daily meal requirement, as they don't get enough time to cook due to working hours.

By Resident
- Urban
- Rural

By Distribution Channel
- Offline
- Online

- Major Players in Meal Kit Delivery Services Market are: Blue Apron, Hello Fresh, Plated, Sun Basket, Chefd, Green Chef, Purple Carrot, Home Chef, Abel & Cole, Riverford, Gousto, Quitoque, Kochhaus, Marley Spoon, Middagsfrid, Allerhandebox, Chefmarket, Kochzauber, Fresh Fitness Food, Mindful Chef.

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Regional Analysis
- North America is estimated to be the dominating region for meal kit delivery services, owing to the time-saving process of the meal kit delivery system, low-cost option, and high spending capacity of the customers in this region is driving the growth of the market. On the other hand, Europe is projected to be the second-largest market for meal kit delivery services. This is due to the large percentage of health-conscious consumers, and the increasing use of packed food.

News
- Freshly: Nestlé Owned Meal Service Launched First-Ever Plant-Based Line (August 2021)
Nestlé owned meal plan service Freshly launched its first 100% plant-based menu in the US. Featuring six new meals made with whole-food ingredients, the Purely Plant menu looks to cater to 65% of Freshly customers self-identifying as flexitarians.

Browse Here For Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
1.1 Global Meal Kit Delivery Service Industry Introduction
1.2 Objectives of the Study
1.3 USP of the Report
1.4 Who is this report for?
1.5 Designing of Market Scope
1.5.1 Segmentation
1.5.1 Regional Fragmentation
1.5.1 Market Players
1.6 Report Duration
Chapter 2 Research Methodology
Chapter 3 Executive Summary
3.1 Global Meal Kit Delivery Service Market Size 2018 - 2030, (USD Million)
3.2 Global Meal Kit Delivery Service Market: Snapshot
Chapter 4 Global Meal Kit Delivery Service Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Qualitative Analysis
Chapter 7 Company Profiling (Subject to Availability)
Chapter 8 Global Meal Kit Delivery Service Market by Type Segmentation Analysis (2018-2030)
Chapter 9 Global Meal Kit Delivery Service Market by Application Segmentation Analysis (2018-2030)
Chapter 10 Global Meal Kit Delivery Service Market Regional Analysis
Chapter 11 North America Meal Kit Delivery Service Market Outlook (2018 - 2030)
Chapter 12 Europe Meal Kit Delivery Service Market Outlook (2018 - 2030)
Chapter 13 Asia Pacific Meal Kit Delivery Service Market Outlook (2018 - 2030)
Chapter 14 Latin America Meal Kit Delivery Service Market Outlook (2018 - 2030)
Chapter 15 Middle East and Africa Meal Kit Delivery Service Market Outlook (2018 - 2030)
Chapter 16 Research Findings
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Related Reports
- Ready-to-Eat Food Market- https://www.cognitivemarketresearch.com/ready-to-eat-food-market-report
- Plant-Based Food Market- https://www.cognitivemarketresearch.com/plant-based-food-market-report
- Vegan Food Market- https://www.cognitivemarketresearch.com/vegan-food-market-report

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