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The Global Meal Kit Market: An Exclusive Study On Upcoming Trends And Growth Opportunities from 2022-2028

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The Meal Kit Market was estimated at USD 15.21 Billion in 2021, and is projected to reach USD 46.75 Billion by 2028, growing at a CAGR of 17.4% over the analysis period.

The meal kit is a recently introduced concept in the food and beverage industry, where a customer has a half-cooked or fully-cooked meal delivered to their doorstep. These services are designed to reduce the hassle of grocery shopping and meal planning, and to recreate the on-site or in-home restaurant dining experience one desires. Meal kits also offer customers personalized ingredients of their choice for their family or for individual use. Since the meal kit service helps the customer to select healthy ingredients for their healthy life throughout the year, this turns out to be a key factor for the development of the meal kit market. The growing preferences for home-cooked meals among the younger generation or millennials are expected to be a key driver for the growth of the meal kit market.

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The Meal Kit industry will have more opportunities for expansion as data center traffic is expected to increase. In many companies today, a large amount of data flows. Massive traffic occurs when network operations increase. Network operations and productivity can be affected by data traffic. Hyperscale data centers will be increasingly used by the world's largest online businesses. It is a factor that increases the profitability of the hyper scale data center market. The Meal Kit market is growing rapidly as a result of the rapid rise of IoT.

Key Prominent Players In The Meal Kit Market:

  • Sunbasket(San Francisco)
  • Home Chef (United States)
  • EveryPlate (New York)
  • Blue Apron (USA)
  • Gobble (San Francisco)
  • HelloFresh (German)
  • Green Chef (New York)
  • Purple Carrot (US)
  • Cook it (Canada)
  • Plated (USA)
  • My Food Bag (New Zealand)
  • Home chef (Chicago), and other major players.

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Market segmentation

The Meal Kit market is segmented by type and application. Growth between segments over the period 2022-2028 provides accurate calculations and forecasts of revenue by type and application in terms of volume and value. This analysis can help you expand your business by targeting eligible niches.

By Offering   

  • Heat Eat
  • Cook Eat

By Serving    

  • Single
  • Multiple

By Platform  

  • Online
  • Offline

By Meal Type           

  • Vegetarian
  • Non-vegetarian

By Region     

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

Impact Analysis Of Covid-19 On Meal Kit Market:

The outbreak of the COVID-19 pandemic fundamentally changed customer behavior at first, but then saw a noticeable rise in the online food delivery sector giving way to various meal kit delivery providers. With millions of households forced to stay at home, restaurants and hotels closing, and widespread fear among people of catching the virus, the meal kit market experienced vital growth. As the meal kits are delivered to your home, healthy and delicious, they were a great success in all markets. During COVID-19, consumers turned to the meal kit very quickly.

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Industry experts have identified key factors influencing the pace of development of the Meal Kit industry, including various opportunities and gaps. A thorough analysis of the Meal Kit market for the growth trends of each category makes the overall study interesting. When studying the market, researchers also dig deep into their future prospects and their contribution to the industry. Additionally, the research report evaluated the market key players and features, such as capacity utilization rate comprised of revenue.

What benefits does introspective market research study is going to provide?

  • Latest industry influencing trends and development scenario
  • Open up New Markets
  • To Seize powerful market opportunities
  • Key decision in planning and to further expand market share
  • Identify Key Business Segments, Market proposition Gap Analysis
  • Assisting in allocating marketing investments

Table Of Content

Chapter 1: Introduction

 1.1 Research Objectives

 1.2 Research Methodology

 1.3 Research Process

 1.4 Scope and Coverage

  1.4.1 Market Definition

  1.4.2 Key Questions Answered

 1.5 Market Segmentation

Chapter 2:Executive Summary

 

Chapter 3:Growth Opportunities By Segment

 3.1 By Offering

 3.2 By Serving

 3.3 By Platform

 3.4 By Meal Type

 

Chapter 4: Market Landscape

 4.1 Porter's Five Forces Analysis

  4.1.1 Bargaining Power of Supplier

  4.1.2 Threat of New Entrants

  4.1.3 Threat of Substitutes

  4.1.4 Competitive Rivalry

  4.1.5 Bargaining Power Among Buyers

 4.2 Industry Value Chain Analysis

 4.3 Market Dynamics

  4.3.1 Drivers

  4.3.2 Restraints

  4.3.3 Opportunities

  4.5.4 Challenges

 4.4 Pestle Analysis

 4.5 Technological Roadmap

 4.6 Regulatory Landscape

 4.7 SWOT Analysis

 4.8 Price Trend Analysis

 4.9 Patent Analysis

 4.10 Analysis of the Impact of Covid-19

  4.10.1 Impact on the Overall Market

  4.10.2 Impact on the Supply Chain

  4.10.3 Impact on the Key Manufacturers

  4.10.4 Impact on the Pricing

 

Chapter 5: Meal Kit Market by Offering

 5.1 Meal Kit Market Overview Snapshot and Growth Engine

 5.2 Meal Kit Market Overview

 5.3 Heat Eat

  5.3.1 Introduction and Market Overview

  5.3.2 Historic and Forecasted Market Size (2016-2028F)

  5.3.3 Key Market Trends, Growth Factors and Opportunities

To Be Continued………

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