+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Meal Kit Market Global Forecast by Country, Type, Ordering Method (Online, Offline), Category (Vegetarian, Non-Vegetarian), Company Analysis

  • ID: 5331443
  • Report
  • May 2021
  • Region: Global
  • Renub Research

FEATURED COMPANIES

  • Blue Apron Holdings, Inc.
  • Goodfood
  • HelloFresh
  • Marley Spoon Inc.
  • MORE
The consequence of COVID-19 is positive in the meal kits industry. From empty supermarkets to over 26,000 shut restaurants, dining for fun appears a situation of antiquity. In light of these conditions, the comfort of meal kits has converted a retaining grace for millions of homes. The company, HelloFresh had over 1.3 million fresh shoppers in the first few months of the shutdown, and Home Chef saw their customer support triple over the corresponding time. Centrally, meal kits have allowed food to be enjoyable again, creating restaurant-level essence from home safety. According to this latest report, the Global Meal Kit Market is expected to reach US$ 20.1 Billion by 2027.



A meal kit is a new concept in the food and beverage industry, where a customer gets a pre-cooked meal or half-cooked food products regularly to their home or desired place. Meal kits are the halfway house between takeaway and supermarket shopping. Globally, the demand for meal kits can be simplified down to one word: 'convenience'. Additionally, in the past few years, the demand for the meal kit has grown exponential, and with the COVID-19 outbreak resulting in the unexpected introduction of lockdown measures that have seen the market for meal, kits hit skyrocket. Our study suggests that the global meal kit industry is expected to grow with a staggering CAGR of 13.27% from 2020 to 2027.

Furthermore, the meal kit market is predicted to witness high growth during the forecast period due to the dynamic food habits and lifestyle, a thriving number of working professionals, increasing disposable incomes, and their shifting trend towards convenience meals. Moreover, customizing meal selections with mobile applications and improving the online food delivery system with advanced door-delivery assistance are other notable drivers pushing the global meal kit services market towards development. As per our research report, the Global Meal Kit Market was US$ 8.4 Billion in 2020.

Nevertheless, quality, variety, time-saving aspects and healthfulness in meal selections are awaited to showcase lucrative openings for the significant players functioning in the meal kit services market during the forecast period. The food service industry located in the U.S. and Canada has witnessed considerable growth in recent years. A vast number of customers buy meal kits in these countries to save their time and effort. Meal kits are becoming a healthier and inexpensive option to pre-cooked food items in retail stores or restaurants. Moreover, the coronavirus pandemic has increased the interest in home-cooked food and surged the demand for meal kits globally.

Meal kit services offer craved meal with ready recipe planning and ingredient sourcing in packaged kits at doorsteps. These meal kits offer different variety to suite different client base such as health-conscious, vegetarian, or even customized menu. Meal kit services enable customers to access various freshly prepared, ready to eat food choices and save cooking time.

Companies that have established an online platform provide customer service with all round the clock. Primarily all the meal kit companies sell meal kit through their websites to offer convenience to the consumers. Additionally, the global market for meal kit delivery services is characterized by well-established players. Some prominent players in the worldwide meal kit services market include Blue Apron Holdings, Inc., Goodfood, HelloFresh, Marley Spoon Inc. and Home Chef (Acquired by Kroger Co.).

This report titled “Global Meal Kit Market by Country (United States, Canada, Australia, China, Japan, Germany, France, UK, Others), Type (Fresh, Process Food), Ordering Method (Online, Offline), Category (Vegetarian, Non-Vegetarian), Company (Blue Apron Holdings, Inc., Goodfood, HelloFresh, Marley Spoon Inc., Home Chef)” provides a complete analysis of global meal kit market.

Country - Global Meal Kit Market breakup from 9 Viewpoints:

1. United States
2. Canada
3. Australia
4. China
5. Japan
6. Germany
7. France
8. United Kingdom
9. Others

Category - Global Meal Kit Market breakup from 2 Viewpoints:

1. Vegetarian
2. Non-Vegetarian

Type - Global Meal Kit Market breakup from 2 Viewpoints:

1. Fresh Food
2. Process Food

Ordering Methods - Global Meal Kit Market breakup from 2 Viewpoints1:

1. Offline Meal Kit
2. Online Meal Kit

Companies have been covered from 3 Viewpoints:
  • Overview
  • Recent Development
  • Revenue
Company Analysis:

1. Blue Apron Holdings, Inc.

2. Goodfood
3. HelloFresh
4. Marley Spoon Inc.

5. Home Chef (Acquired by Kroger Co.)
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Blue Apron Holdings, Inc.
  • Goodfood
  • HelloFresh
  • Marley Spoon Inc.
  • MORE
1. Introduction

2. Research & Methodology

3. Executive Summary

4. Market Dynamic
4.1 Growth Drivers
4.2 Challenges

5. Global Meal Kit Market

6. Market Share Analysis
6.1 Country
6.2 Category
6.3 Type
6.4 Purchasing Methods

7. Country - Meal Kit Market
7.1 United States
7.2 Canada
7.3 Australia
7.4 China
7.5 Japan
7.6 Germany
7.7 France
7.8 United Kingdom
7.9 Others

8. Category - Meal Kit Market
8.1 Vegetarian
8.2 Non-Vegetarian

9. Type - Meal Kit Market
9.1 Fresh Food
9.2 Process Food

10. Ordering Methods - Meal Kit Market
10.1 Offline Meal Kit
10.2 Online Meal Kit

11. Company Analysis
11.1 Blue Apron Holdings, Inc.
11.1.1 Overviews
11.1.2 Recent Developments
11.1.3 Revenues
11.2 Goodfood
11.2.1 Overviews
11.2.2 Recent Developments
11.2.3 Revenues
11.3 HelloFresh
11.3.1 Overviews
11.3.2 Recent Developments
11.3.3 Revenues
11.4 Marley Spoon Inc.
11.4.1 Overviews
11.4.2 Recent Developments
11.4.3 Revenues
11.5 Green Chef Corporation
11.5.1 Overviews
11.5.2 Recent Developments
11.5.3 Revenues

List of Figures:
Figure-01: Global - Meal Kits Market (Million US$), 2016 - 2020
Figure-02: Global - Forecast for Meal Kits Market (Million US$), 2021 - 2027
Figure-03: United States - Meal Kits Market (Million US$), 2016 - 2020
Figure-04: United States - Forecast for Meal Kits Market (Million US$), 2021 - 2027
Figure-05: Canada - Meal Kits Market (Million US$), 2016 - 2020
Figure-06: Canada - Forecast for Meal Kits Market (Million US$), 2021 - 2027
Figure-07: Australia - Meal Kits Market (Million US$), 2016 - 2020
Figure-08: Australia - Forecast for Meal Kits Market (Million US$), 2021 - 2027
Figure-09: China- Meal Kits Market (Million US$), 2016 - 2020
Figure-10: China - Forecast for Meal Kits Market (Million US$), 2021 - 2027
Figure-11: Japan - Meal Kits Market (Million US$), 2016 - 2020
Figure-12: Japan - Forecast for Meal Kits Market (Million US$), 2021 - 2027
Figure-13: Germany - Meal Kits Market (Million US$), 2016 - 2020
Figure-14: Germany - Forecast for Meal Kits Market (Million US$), 2021 - 2027
Figure-15: France - Meal Kits Market (Million US$), 2016 - 2020
Figure-16: France - Forecast for Meal Kits Market (Million US$), 2021 - 2027
Figure-17: United Kingdom - Meal Kits Market (Million US$), 2016 - 2020
Figure-18: United Kingdom - Forecast for Meal Kits Market (Million US$), 2021 - 2027
Figure-19: Others - Meal Kits Market (Million US$), 2016 - 2020
Figure-20: Others - Forecast for Meal Kits Market (Million US$), 2021 - 2027
Figure-21: Global - Meal Kits Market by Vegetarian (Million US$), 2016 - 2020
Figure-22: Global - Forecast for Meal Kits Market by Vegetarian (Million US$), 2021 - 2027
Figure-23: Global - Meal Kits Market by Non-Vegetarian (Million US$), 2016 - 2020
Figure-24: Global - Forecast for Meal Kits Market by Non-Vegetarian (Million US$), 2021 - 2027
Figure-25: Global - Meal Kits Market by Fresh Food (Million US$), 2016 - 2020
Figure-26: Global - Forecast for Meal Kits Market by Fresh Food (Million US$), 2021 - 2027
Figure-27: Global - Meal Kits Market by Fresh Food (Million US$), 2016 - 2020
Figure-28: Global - Forecast for Meal Kits Market by Fresh Food (Million US$), 2021 - 2027
Figure-29: Global - Meal Kits Market by Offline (Million US$), 2016 - 2020
Figure-30: Global - Forecast for Meal Kits Market by Offline (Million US$), 2021 - 2027
Figure-31: Global - Meal Kits Market by Online (Million US$), 2016 - 2020
Figure-32: Global - Forecast for Meal Kits Market by Online (Million US$), 2021 - 2027
Figure-33: Blue Apron Holdings, Inc - Meal Kits Sales Analysis (Million US$), 2016 - 2020
Figure-34: Blue Apron Holdings, Inc. - Forecast for Meal Kits Sales Analysis (Million US$), 2021 - 2027
Figure-35: Goodfood - Meal Kits Sales Analysis (Million US$), 2016 - 2020
Figure-36: Goodfood - Forecast for Meal Kits Sales Analysis (Million US$), 2021 - 2027
Figure-37: HelloFresh - Meal Kits Sales Analysis (Million US$), 2016 - 2020
Figure-38: HelloFresh - Forecast for Meal Kits Sales Analysis (Million US$), 2021 - 2027
Figure-39: Marley Spoon Inc. - Meal Kits Sales Analysis (Million US$), 2016 - 2020
Figure-40: Marley Spoon Inc. - Forecast for Meal Kits Sales Analysis (Million US$), 2021 - 2027
Figure-41: Home Chef (Acquired by Kroger Co.) - Meal Kits Sales Analysis (Million US$), 2016 - 2020
Figure-42: Home Chef (Acquired by Kroger Co.) - Forecast for Meal Kits Sales Analysis (Million US$), 2021 - 2027

List of Tables:
Table-01: Global - Market Share Analysis by Country (Percent), 2016 - 2020
Table-02: Global - Forecast for Market Share Analysis by Country (Percent), 2021 - 2027
Table-03: Global - Market Share Analysis by Product Category (Percent), 2016 - 2020
Table-04: Global - Forecast for Market Share Analysis by Product Category (Percent), 2021 - 2027
Table-05: Global - Market Share Analysis by Product Type (Percent), 2016 - 2020
Table-06: Global - Forecast for Market Share Analysis by Product Type (Percent), 2021 - 2027
Table-07: Global - Market Share Analysis by Purchasing Methods (Percent), 2016 - 2020
Table-08: Global - Forecast for Market Share Analysis by Purchasing Methods (Percent), 2021 - 2027
Note: Product cover images may vary from those shown
  • Blue Apron Holdings, Inc.
  • Goodfood
  • HelloFresh
  • Marley Spoon Inc.
  • Home Chef (Acquired by Kroger Co.)
Note: Product cover images may vary from those shown

In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.

Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.

Primary Research

The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develop the analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth, and forecast

The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:

  • Chief executives and VPs of leading corporations specific to the industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
  • Key opinion leaders (KOLs)

Secondary Research

The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, webcasts, and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
 

Loading
LOADING...

Adroll
adroll