2024 Meal Kit Market Report : Market Size, Growth Drivers, And Key Trends | Ahold Delhaize USA, HelloFresh SE, Daily Harvest Inc., Home Chef LLC, Blue Apron Holdings Inc., Marley Spoon AG

"The new report published by The Business Research Company, titled ""Meal Kit Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the meal kit market size has grown rapidly in recent years. It will grow from $15.64 billion in 2023 to $18.04 billion in 2024 at a compound annual growth rate (CAGR) of 15.4%. The meal kit market size is expected to see rapid growth in the next few years. It will grow to $34.6 billion in 2028 at a compound annual growth rate (CAGR) of 17.7%.

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Urbanization And Busy Lifestyles Fueling Meal Kit Market
The rise in urbanization and busy lifestyles is expected to propel the growth of the meal kit market going forward. Urbanization is the process through which cities grow, and higher and higher percentages of the population come to live in urban areas. With the increasing rate of urbanization among consumers, together with rising per capita income and shifting lifestyles, there are outstanding opportunities for chilled meal kits because of the increased demand for easy pre-meals due to busy lifestyles and the attraction of chilled meal kits because of their affordability and health benefits. For instance, in 2022, according to the World Health Organization, a Switzerland-based intergovernmental organization, over 55% of the world's population lived in urban areas, a proportion that is expected to increase to 68% by 2050. Therefore, the rise in urbanization and busy lifestyles is driving the growth of the meal kit.

Strategic Collaborations Transforming The Meal Kit Market
Strategic partnerships and collaborations are a trend in the meal kit market. Major companies are making strategic partnerships with start-ups and mid-sized companies to maintain market share in the competitive market, broaden products and services, and enter into new geographies. For instance, in December 2020, Franklin Farms, a company that provides meatless meals to customers, entered into a new partnership with Purple Carrot, a plant-based meal kit company. The partnership enables consumers to enjoy great-tasting meatless meals made with Franklin Farms' tofu at home. This partnership allowed Purple Carrot to expand its menu offerings and cater to a wider range of plant-based palates.

The meal kit market covered in this report is segmented -

1) By Type: Fresh Food, Processed Food
2) By Category: Vegetarian, Non-Vegetarian
3) By Distribution Channel: Hypermarket/Supermarket, Convenience Store, Specialty Food Stores, Small Grocery Stores, Online Stores, Other Distribution Channels

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Major companies operating in the meal kit market report are Ahold Delhaize USA, HelloFresh SE, Daily Harvest Inc., Home Chef LLC, Blue Apron Holdings Inc., Marley Spoon AG, Fresh Direct LLC, Gousto Ltd, Hungryroot Inc., Sun Basket Inc., Green Chef Corporation, Fit Foods Club, Freshly Inc., Sakara Life Inc., Fresh Prep Inc., Trifecta Nutrition, Quitoque, Goodness Me! Natural Food Market, Purple Carrot Inc., Veestro LLC, Gobble Inc., Yumble Kids Inc., Snap Kitchen Holdings LLC, Foodstirs Inc., FUUD Canada Inc., PeachDish LLC, EveryPlate, Global Belly Inc., Just Add Cooking Inc., Relish Labs LLC, The Kroger Co

Contents of the report:
1. Executive Summary
2. Meal Kit Market Report Structure
3. Meal Kit Market Trends And Strategies
4. Meal Kit Market - Macro Economic Scenario
5. Meal Kit Market Size And Growth
…..
27. Meal Kit Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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