Press release
Prepared Meal Delivery Market Explores Size, Share, and Key Growth Trends || HelloFresh SE, EveryPlate, Home Chef, Marley Spoon Inc., Dinnerly
The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033The Business Research Company offers in-depth market insights through Prepared Meal Delivery Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The prepared meal delivery market size has grown rapidly in recent years. It will grow from $13.6 billion in 2023 to $15.65 billion in 2024 at a compound annual growth rate (CAGR) of 15.0%. The growth in the historic period can be attributed to changing work and lifestyle patterns, increasing awareness of healthy eating, rise of urbanization, busy urban professionals and millennials, expansion of online and mobile platforms.
The prepared meal delivery market size is expected to see rapid growth in the next few years. It will grow to $28.26 billion in 2028 at a compound annual growth rate (CAGR) of 15.9%. The growth in the forecast period can be attributed to continued emphasis on convenience, focus on customization and personalization, rising health and wellness consciousness, sustainable and ethical food choices, integration of specialty and dietary-specific menus. Major trends in the forecast period include partnerships with local and sustainable suppliers, introduction of quick and convenient meal kits, focus on packaging sustainability and eco-friendly practices, expansion of breakfast and snack options, innovations in meal preparation techniques.
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Market Segmentation:
The prepared meal delivery market covered in this report is segmented -
1) By Supply: Cook And Eat, Heat And Eat
2) By Service: One, Several
3) By Platform: Online, Offline
Major Driver - Rising Consumption Of Junk Meals Fuels Prepared Meal Delivery Market Growth
The major driving factor of the prepared meal delivery market is the preference for junk meals by the working population and students. Junk meals are pre-prepared or packaged foods that are extremely convenient and can be consumed immediately. The meal kit delivery industry has been a big success because it appeals to consumers who want to cook their food without having to go grocery shopping. These are popular with busy parents, millennials, individuals juggling several jobs, working couples, and people with dietary needs who prefer pre-planned items or meals so they can create meals quickly. Hence, preference for junk meals is driving the growth of the prepared meal delivery service market.
Competitive Landscape:
Major companies operating in the prepared meal delivery market report are HelloFresh SE, EveryPlate, Home Chef, Marley Spoon Inc., Dinnerly, FreshDirect LLC, Hungryroot Inc., Misfits Market Inc., Green Chef Corporation, Sun Basket Inc., Blue Apron Holdings Inc., CookUnity Inc., Trifecta Nutrition Inc., Daily Harvest Inc., Freshly Inc., Snap Kitchen Holdings LLC, Purple Carrot Inc., Gobble Inc., Factor 75 LLC, Diet-To-Go Inc., Hungry Harvest Inc., Fresh n' Lean LLC, Munchery Inc., PlateJoy Inc., RealEats America Inc., Chef'd LLC, Foodstirs Inc., 1 Potato, Splendid Spoon Inc., PeachDish LLC
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Top Trend - Innovations In The Prepared Meal Delivery Market With Home-Cooked Meal Services
Major companies operating in the prepared meal delivery market are focusing on product innovation, such as home-cooked meal service, to meet the demand for comforting and nostalgic food experiences. A home-cooked meal service is a subscription or delivery service that provides pre-portioned ingredients and recipes for home cooks to prepare delicious, restaurant-quality meals at home, without the hassle of planning, shopping, and chopping. For instance, in February 2023, Zomato, an India-based online food service platform, launched Zomato Everyday, a new home-cooked meal service. The company shifted its focus from Zomato Instant to concentrate on providing customers with affordable, home-style cooked meals. Through collaborations between food partners and home chefs, Zomato Everyday aims to offer wholesome and delicious food options.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Prepared Meal Delivery Market Characteristics
3. Prepared Meal Delivery Market Trends And Strategies
4. Prepared Meal Delivery Market - Macro Economic Scenario
5. Prepared Meal Delivery Market Size And Growth
…..
27. Prepared Meal Delivery Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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