Press release
Prepared Meal Delivery Market Growth Will Be Extreme in the Next Years 2024 - 2031 | Hello Fresh, Blue Apron, Home Chef
Prepared Meal Delivery Market
The Prepared Meal Delivery Market is estimated to be valued at USD 10.92 Bn in 2024 and is expected to reach USD 23.85 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 11.8% from 2024 to 2031.
Market Dynamics:
The growing preference for convenience and saving time on meal preparation among busy consumers is expected to drive the growth of the prepared meal delivery market over the forecast period. Additionally, the increasing number of individuals living alone has also boosted the demand for ready-to-eat meals that just need heating. Changing dietary habits and focus on health and wellness have further contributed to the popularity of prepared meal delivery services that offer customizable and nutritious menu options. Easy availability of a variety of global cuisine through prepared meal kits has further supported the market growth.
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Prepared Meal Delivery Market Drivers
Convenience and Time-Saving Ease of Home-Cooked Meals
Prepared meal delivery services offer home-cooked, nutritious meals without the hassle of grocery shopping, meal planning, and cooking. Busy individuals can save considerable time by having meals delivered right to their doorstep with minimal effort. As people continue to lead busy lives with work and other commitments, the demand for convenient meal solutions will continue to increase.
Opportunity
Partnerships with Gyms, Health Centers and Corporate Offices
Prepared meal delivery companies have an opportunity to partner with gyms, healthcare centers, and corporates to provide healthy meal plans for their members and employees. Many gyms and healthcare providers promote wellness and recommend prepared meals. Similarly, corporates aiming to improve worker productivity and well-being could subsidise or fully sponsor healthy meal subscriptions. Such partnerships open up a new customer segment and help prepared meal services scale up their business.
Market Trends
Increasing Focus on Sustainability and Reducing Food Waste
With growing environmental consciousness, prepared meal delivery companies are optimizing their packaging and focusing on sustainable sourcing. Many are also innovating with food recycling programs to reduce food waste. Companies communicating their sustainability efforts and achievements clearly will have an edge over competitors. Sustainable practices help companies appeal to the rising number of environmentally-aware millennial customers and strengthen their brand positioning in the long run.
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Top Companies Featured in This Report:
★ Hello Fresh
★ Blue Apron
★ Home Chef
★ Marley Spoon
★ Sun Basket
★ Abel & Cole
★ Riverford
★ Gousto
★ Quitoque
★ Kochhaus
★ Middagsfrid
★ Allerhandebox
★ Chefmarket
★ Kochzauber
★ Fresh Fitness Food
★ Mindful Chef
★ Fresh N Lean
★ CookUnity
★ Pete's Real Food
★ Mosaic Foods
Market Segmentation:
By Product Type:
★ By Product Type: Ready to Eat Meals, Ready to Cook Meals, Specialty Meals, Others
★ By End User: Households, Offices, Diet Specific, Others
★ By Delivery Frequency: Weekly subscription, Bi-weekly subscription, Monthly subscription, Others
Key Regions/Countries Classified as Follows:
» North America (U.S., Canada, Mexico)
» Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
» Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
» South America (Brazil, Argentina, Rest of SA)
» Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
Key Inquiries Addressed in this Report include:
📈 What was the size of the Prepared Meal Delivery Market in 2024, and what is the projected value by 2031?
📈 What is the present global market landscape for the Prepared Meal Delivery Market?
📈 What strategies offer optimal opportunities for growth maximization in the business?
📈 What recent trends are shaping the Prepared Meal Delivery Market?
📈 How does the market share of Prepared Meal Delivery Market revenue, sales, and size vary across specific geographical regions?
📈 Who are the prominent industry players in the Prepared Meal Delivery Market?
📈 Which segment of the Prepared Meal Delivery Market is experiencing heightened demand?
The report also delves into the competitive landscape, key players, trade patterns, industry value chain, recent news, policies, and regulations. Should you have any inquiries or require customization options, please don't hesitate to contact us.
In summary, whether you're engaged in manufacturing, distribution, or investment within the Prepared Meal Delivery sector, this report furnishes invaluable insights into market segments, drivers, challenges, investment prospects, regional dynamics, major players, growth strategies, prevailing trends, and hurdles influencing the industry's expansion.
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Author Bio:
Priya Pandey is a dynamic and passionate editor with over three years of expertise in content editing and proofreading. Holding a bachelor's degree in biotechnology, Priya has a knack for making the content engaging. Her diverse portfolio includes editing documents across different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. Priya's meticulous attention to detail and commitment to excellence make her an invaluable asset in the world of content creation and refinement.
(LinkedIn- https://www.linkedin.com/in/priya-pandey-8417a8173/)
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