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Meal Kit Delivery Services Market Share Analysis, Growth Revenue 2024-2033

07-16-2024 09:19 AM CET | Food & Beverage

Press release from: The Business research company

Meal Kit Delivery Services Market Share

Meal Kit Delivery Services Market Share

The new report published by The Business Research Company, titled ""Meal Kit Delivery Services 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 delivery services market size has grown rapidly in recent years. It will grow from $22.05 billion in 2023 to $26.22 billion in 2024 at a compound annual growth rate (CAGR) of 18.9%. The meal kit delivery services market size is expected to see rapid growth in the next few years. It will grow to $53.02 billion in 2028 at a compound annual growth rate (CAGR) of 19.3%.

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Rising Preference For Healthy Foods Drives Growth Of Meal Kit Delivery Service Market
The rising preference for healthy foods is expected to propel the growth of the meal kit delivery service market going forward. Healthy foods are those that provide essential nutrients to support overall health and well-being while also promoting optimal physical and mental functioning. The preference for healthy foods is increasing due to the growing wellness movement, the emphasis on preventative healthcare, and rising health consciousness. Meal kit delivery services promote consumers' preference for healthy foods by bridging the gap between convenience and health, making it easier for people to adopt and maintain healthier eating habits. For instance, in July 2022, according to the 2022 Food and Health Survey among 1,005 Americans ages 18 to 80 by The International Food Information Council (IFIC), a US-based nonprofit organization in the food and beverage sector, in 2022, 52% of Americans followed a specific diet or eating pattern, up from 39% in 2021. Further, the top choices were clean eating (16%), mindful eating (14%), and calorie counting (13%). Therefore, the rising preference for healthy foods is driving the growth of the meal kit delivery service market.

Meal Kit Delivery Companies Innovate with Fleet Delivery Services
Major companies operating in the meal kit delivery services market are focused on developing innovative platforms, such as fleet delivery services, to strengthen their position in the market. Fleet delivery services refer to using a group of vehicles, typically owned or leased by a company, to transport goods, products, or services from one location to another. For instance, in November 2023, Hellofresh Private Limited., a Germany-based meal delivery service company, introduced the In-House Fleet Delivery Service. The new service features a dedicated fleet with advanced route optimization for timely, efficient deliveries. It aims to improve accuracy, reduce delays, and offer real-time tracking while maintaining freshness and quality with optimal temperature control. The trial gives customers a 30-minute delivery window and simplifies the process for scheduling second deliveries if the first attempt is unsuccessful. Additionally, the new service aligns with HelloFresh's sustainability goals by reducing the need for extra packaging and cutting CO₂ emissions by eliminating third-party carriers.

The meal kit delivery services market covered in this report is segmented -

1) By Type: Ready-To-Cook, Ready-To-Eat
2) By Meal Type: Non-Vegetarian, Vegetarian, Vegan
3) By Distribution: Store, Non-Store
4) By Application: Household, Office, Other Applications

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Major companies operating in the meal kit delivery services market are HelloFresh SE, Plated, ButcherBox OpCo LLC, Home Chef Coop Private Limited, Blue Apron Holdings Inc., Sun Basket, Gousto, Riverford Organic Veg Box Delivery, Daily Harvest Inc., ABEL and COLE LIMITED., Dinnerly, Sakara Life, Mindful Chef, Territory Foods, Allplants Ltd., Diet-To-Go, Gobble Inc., Purple Carrot, Chefmarket, Fresh Fitness Food Limited, Marley Spoon Inc., Snap Kitchen LLC, Zitronengras Kochhaus GmbH, Middagsfrid, PeachDish

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

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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

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