Prepared Meal Delivery Market Expansion Continues, with Forecast Valuation of $33.09 Billion by 2029

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What Will the Prepared Meal Delivery Industry Market Size Be by 2025?
The market for delivered prepared meals has seen significant expansion recently. The growth is expected to increase from a market value of $15.39 billion in 2024 to $17.63 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 14.6%. Factors contributing to this growth during the historic period include evolving work and lifestyle trends, amplified consciousness about healthy food consumption, enhanced urbanization, increasing number of working professionals and millennials in cities, and the extensive development of online and mobile platforms.

What's the Long-Term Growth Forecast for the Prepared Meal Delivery Market Size Through 2029?
In the coming years, the prepared meal delivery market is projected to experience a significant surge, reaching a value of $33.09 billion by 2029 at a compound annual growth rate (CAGR) of 17.1%. This estimated growth in the forecasted duration can be traced back to the steady emphasis on ease of use, personalization, and customization, as well as the growing trend towards health and wellness, sustainable and ethical food choices, and the merging of specialty and diet-specific menus. Key trends during this period are likely to include collaborations with sustainable local suppliers, the emergence of speedy and handy meal kits, stress on sustainable packaging and green practices, extending breakfast and snack choices, as well as breakthroughs in meal preparation methodologies.

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What Are the Key Growth Drivers Fueling the Prepared Meal Delivery Market Expansion?
The main propellant for the ready-cooked meal delivery industry is the fondness of the working class and students for fast food. Fast foods are typically pre-cooked or packaged meals that are incredibly convenient and ready-to-eat. The meal kit delivery market has experienced immense success as it appeals to those who prefer cooking their own meals without the inconvenience of grocery shopping. It finds favor among time-pressed parents, millennial generation, individuals handling multiple jobs, couples who both work, and people with specific dietary needs who favor pre-decided items or meals to quickly prepare their meals. Therefore, the preference for fast food is accelerating the growth of the ready-cooked meal delivery service industry.

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What Are the Key Trends Driving Prepared Meal Delivery Market Growth?
Leading businesses in the ready meal delivery market are rolling out services for home-cooked meals to meet the increasing requirement for convenient, top-notch, and nutritious meal choices. Home-cooked meals enable them to attract customers who want the feel of home-cooked food without having to make it themselves. For example, in February 2023, Zomato, a restaurant aggregator based in India, launched Zomato Everyday, a service dedicated to delivering economical, home-cooked meals prepared by authentic home chefs. This move is aimed at offering customers the luxury of home-like meals delivered promptly to their homes, marking a departure from Zomato's earlier emphasis on immediate meal deliveries.

How Is the Prepared Meal Delivery Market Segmented?
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 Companies Are Leading the Charge in Prepared Meal Delivery Market Innovation?
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

Which Regions Are Leading the Global Prepared Meal Delivery Market in Revenue?
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.

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