Press release
Prepared Meal Delivery Market Forecast 2025-2034: Analysing Major Trends, Opportunities, and Growth Drivers
Prepared Meal Delivery
The predilection for fast food among the working community and students has been a pivotal driving factor for the prepared meal delivery industry. These meals, typically prepared in advance or packaged for convenience, can be eaten straight away, making them an excellent choice for today's fast-paced lifestyle. The meal kit delivery sector's success is attributed to its service's appeal to consumers who enjoy cooking but have no time for grocery shopping. It caters to busy parents, millennials, multi-job individuals, working partners, and those with specific dietary needs who favor pre-arranged food items, enabling quick meal preparation. Thus, the inclination towards fast food is buttressing the expansion of the prepared meal delivery market.
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What Is the projected market size and growth rate for the prepared meal delivery market?
The market size for delivered prepared meals has seen a swift expansion in recent years. It's projected to escalate from $15.39 billion in 2024 to $17.63 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 14.6%. This significant growth in the historical period can be traced back to the transition in work and lifestyle habits, heightened consciousness about nutritious eating, the rise in urbanization, hectic schedules of urban professionals and the millennial population, and the broadening of online and mobile platforms.
The market size for delivered prepared meals is forecasted to witness a significant surge in the upcoming years, with estimations suggesting it will expand to $33.09 billion by 2029, alongside a compound annual growth rate (CAGR) of 17.1%. The predicted growth during the projected period can be credited to consistent emphasis on comfort, a drive towards bespoke and personalized features, a surge in health and wellness awareness, commitment to sustainable and ethical food selections, and the developments of specialized and dietary-specific menus. Anticipated trends for the projected period encompass collaborations with local and sustainable suppliers, the launch of speedy and convenient meal kits, dedication to eco-friendly practices and sustainable packaging, the expansion of breakfast and snack selections, along with advancements in meal preparation methods.
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What new trends are reshaping the prepared meal delivery market and its opportunities?
Large corporations in the prepared meal delivery market are providing home-cooked meal services in response to an increased demand for convenient, high-quality, and nutritious meal options. These home-cooked meals satisfy customers who want the feel of homemade food without the hassle of cooking. For example, in February 2023, Zomato, a restaurant aggregator based in India, launched Zomato Everyday. This service is centered on delivering inexpensive, home-cooked meals made by genuine home chefs. The goal of this initiative is to deliver comforting home-style meals swiftly to customers' homes, marking a change from Zomato's past emphasis on speedy meal deliveries.
What major market segments define the scope and growth of the prepared meal delivery market?
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
Subsegments:
1) By Cook And Eat: Fresh Ingredients Meal Kits, Recipe-Based Meal Kits
2) By Heat And Eat: Pre-Cooked Meals, Frozen Meals, Refrigerated Ready-To-Eat Meals
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Which region dominates the prepared meal delivery market?
North America was the largest region in the prepared meal delivery market in 2024. Asia-Pacific was the second largest market in prepared meal delivery market. The regions covered in the prepared meal delivery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Which key market leaders are driving the prepared meal delivery industry growth?
Major companies operating in the prepared meal delivery market include HelloFresh SE, 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, PlateJoy Inc., RealEats America Inc., Foodstirs Inc., 1 Potato, Splendid Spoon Inc., PeachDish LLC
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What Is Covered In The Prepared Meal Delivery Global Market Report?
•Market Size Forecast: Examine the prepared meal delivery market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the prepared meal delivery market for a structured understanding.
•Key Players Overview: Analyze major players in the prepared meal delivery market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the prepared meal delivery market.
•Segment Contributions: Evaluate how different segments drive overall growth in the prepared meal delivery market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the prepared meal delivery market.
•Industry Challenges: Identify potential risks and obstacles affecting the prepared meal delivery market.
•Competitive Landscape: Review strategic developments in the prepared meal delivery market, including expansions, agreements, and new product launches.
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