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Global Meal Kit Market (2023-2028) Competitive Analysis, Impact of Economic Slowdown & Impending Recession, Ansoff Analysis.

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  • 155 Pages
  • February 2024
  • Region: Global
  • Infogence Global Research
  • ID: 5748897

Specialty-diet meal kits catering to gluten-free, paleo or plant-based interests have been on the rise

The Global Meal kit Market is estimated to be USD 5.24 Bn in 2023 and is expected to reach USD 9.34 Bn by 2028 growing at a CAGR of 12.26%.

Market Dynamics

Market dynamics are forces that impact the prices and behaviors of the stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Market Segmentations

  • The Global Meal Kit Market is segmented based on Type, Serving, Distribution and Geography.
  • By Type, the market is classified into Health-conscious Meal Kit, Omnivore Meal Kit, and Regional Cuisine Meal Kit.
  • By Serving, the market is classified into Family/Four Serving, One Serving, and Two Serving.
  • By Distribution, the market is classified into Convenience Store, Online Store, Specialty Store, Supermarket.
  • By Geography, the market is classified into Americas, Europe, Middle-East & Africa, and Asia-Pacific.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are Blue Apron LLC, Freshly, Inc., Gobble, Inc., Marley Spoon, Inc., Purple Carrot, etc.

Countries Studied

  • America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
  • Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
  • Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
  • Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

  • The report presents a detailed Ansoff matrix analysis for the Global Meal Kit Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.
  • The publisher analyses the Global Meal Kit Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
  • Based on the SWOT analysis conducted on the industry and industry players, the publisher has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Meal Kit Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model, PESTLE Analysis, and the Ansoff Matrix. In Addition, The impact of COVID-19 and the impact of economic slowdown & impending recession on the Market are also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the Proprietary competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market

Table of Contents

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size, Segmentations, and Outlook
4 Market Dynamics
4.1 Drivers
4.1.1 Increasing Preference for Homemade Meals Among Millennials
4.1.2 Growing Urban Population and Lack of Time to Prepare Complete Food
4.1.3 Rising Concerns Regarding Food Wastage by Going Eco Friendly
4.2 Restraints
4.2.1 Fluctuating Prices of Food Due to Changing Economic Conditions
4.3 Opportunities
4.3.1 Growing Awareness About Customized Food Through Social Media
4.3.2 Rising Trend of Subscription-Based Services
4.4 Challenges
4.4.1 Uncertain Economic Situations and Food Security
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 PESTLE Analysis
5.4 SWOT Analysis
5.5 Impact of COVID-19
5.6 Impact of Economic Slowdown & Impending Recession
5.7 Ansoff Matrix Analysis
6 Global Meal Kit Market, By Type
6.1 Introduction
6.2 Health-conscious Meal Kit
6.3 Omnivore Meal Kit
6.4 Regional Cuisine Meal Kit
7 Global Meal Kit Market, By Serving
7.1 Introduction
7.2 Family/Four Serving
7.3 One Serving
7.4 Two Serving
8 Global Meal Kit Market, By Distribution
8.1 Introduction
8.2 Convenience Store
8.3 Online Store
8.4 Specialty Store
8.5 Supermarket
9 Americas' Meal Kit Market
9.1 Introduction
9.2 Argentina
9.3 Brazil
9.4 Canada
9.5 Chile
9.6 Colombia
9.7 Mexico
9.8 Peru
9.9 United States
9.10 Rest of Americas
10 Europe's Meal Kit Market
10.1 Introduction
10.2 Austria
10.3 Belgium
10.4 Denmark
10.5 Finland
10.6 France
10.7 Germany
10.8 Italy
10.9 Netherlands
10.10 Norway
10.11 Poland
10.12 Russia
10.13 Spain
10.14 Sweden
10.15 Switzerland
10.16 United Kingdom
10.17 Rest of Europe
11 Middle East and Africa's Meal Kit Market
11.1 Introduction
11.2 Egypt
11.3 Israel
11.4 Qatar
11.5 Saudi Arabia
11.6 South Africa
11.7 United Arab Emirates
11.8 Rest of MEA
12 APAC's Meal Kit Market
12.1 Introduction
12.2 Australia
12.3 Bangladesh
12.4 China
12.5 India
12.6 Indonesia
12.7 Japan
12.8 Malaysia
12.9 Philippines
12.10 Singapore
12.11 South Korea
12.12 Sri Lanka
12.13 Thailand
12.14 Taiwan
12.15 Rest of Asia-Pacific
13 Competitive Landscape
13.1 Competitive Quadrant
13.2 Market Share Analysis
13.3 Strategic Initiatives
13.3.1 M&A and Investments
13.3.2 Partnerships and Collaborations
13.3.3 Product Developments and Improvements
14 Company Profiles
14.1 Blue Apron LLC
14.2 Fresh N' Lean
14.3 Freshly, Inc.
14.4 Global Belly
14.5 Gobble, Inc.
14.6 Gousto
14.7 Green Chef Corp.
14.8 Hellofresh
14.9 Hungryroot
14.10 Koninklijke Ahold N.V.
14.11 Marley Spoon, Inc.
14.12 Misfits Market, Inc.
14.13 MMM Consumer Brands Inc.
14.14 PeachDish
14.15 Pepper Leaf Pty. Ltd.
14.16 Plated
14.17 Purple Carrot
14.18 Relish Labs LLC (Home Chef)
14.19 Sun Basket
14.20 The Kroger Co.
15 Appendix
15.1 Questionnaire

Companies Mentioned

  • Blue Apron LLC
  • Fresh N' Lean
  • Freshly, Inc.
  • Global Belly
  • Gobble, Inc.
  • Gousto
  • Green Chef Corp.
  • Hellofresh
  • Hungryroot
  • Koninklijke Ahold N.V.
  • Marley Spoon, Inc.
  • Misfits Market, Inc.
  • MMM Consumer Brands Inc.
  • PeachDish
  • Pepper Leaf Pty. Ltd.
  • Plated
  • Purple Carrot
  • Relish Labs LLC (Home Chef)
  • Sun Basket
  • The Kroger Co.

Table Information