mindtalks brand growth: USD 11.12 Bn growth in Meal Kit Delivery Services Market | Albertsons Companies Inc., Blue Apron Holdings Inc., and HelloFresh SE emerge as dominant players | Technavio – Salamanca Press – picked by mindtalks

NEW YORK, Nov. 12, 2021 /PRNewswire/ — The meal kit delivery services market is expected to grow by USD 11.12 billion between 2020 and 2025, accelerating at a CAGR of over 11% during the forecast period, according to Technavio’s latest market research report.

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Emerging Opportunities with Key players

Albertsons Companies Inc.: The company offers meal kits that are initially available at Safeway stores in Northern California for shoppers to ease their lifestyle and cooking experience, under the brand name Plated.

Blue Apron Holdings Inc.: The company provides meal kit delivery services and offers weekly boxes of pre-portioned ingredients and offers wines and gifts.

HelloFresh SE: The company offers meal kits with a menu that differs from day to day and delivers a variety of options for its customers, under the brand name Hello Fresh.

Meal Kit Delivery Services Market 2021-2025: Segmentation

Meal kit delivery services market is segmented as below:

  • Product
    • Non-vegetarian
    • Vegetarian
  • Geography
    • North America
    • Europe
    • APAC
    • South America
    • MEA

The non-vegetarian segment generated maximum revenue in the market in 2020. The growing popularity of the paleo diet is expected to drive the growth of the non-vegetarian segment during the forecast period. By geography, North America will observe maximum growth. The region currently holds 54% of the global market share. The increasing awareness about meal kits, the presence of a large number of players, and the rising number of working women are driving the growth of the meal kit delivery services market in North America.

The meal kit delivery services market is driven by cost-effective solutions and the availability of diverse choices. In addition, the increasing awareness among consumers about the consumption of nutritious and healthy meals is expected to trigger the meal kit delivery services market toward witnessing a CAGR of over 11% during the forecast period.

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Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

Related Reports:

Global Online Grocery Delivery Services Market – Global online grocery delivery services market is segmented by end-user (individuals and others) and geography (APAC, Europe, North America, South America, and MEA).

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Global Quick Service Restaurants Market – Global quick service restaurants market is segmented by service (eat-in service, takeaway service, drive-thru service, and home delivery service) and geography (North America, APAC, Europe, South America, and MEA).

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Meal Kit Delivery Services Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of over 11%

Market growth 2021-2025

USD 11.12 billion

Market structure

Fragmented

YoY growth (%)

-18.67

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

North America at 54%

Key consumer countries

US, UK, Germany, China, and Japan

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Albertsons Companies Inc., Blue Apron Holdings Inc., HelloFresh SE, Koninklijke Ahold Delhaize NV, Mindful Chef Ltd., Oisix ra daichi Inc., SunBasket Inc., The Kroger Co., Tyson Foods Inc., and William Jackson Food Group.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Technavio Research

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Media & Marketing Executive

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Email: media@technavio.com

Website: www.technavio.com/

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SOURCE Technavio

Source: salamancapress.com

 

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