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Meal Kit Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 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.

Meal kit is a newly introduced concept in the food and beverages sector, where a customer gets half cooked or fully cooked meal at his doorstep. These services are designed to reduce the troubles of grocery shopping and meal planning, and to recreate the restaurant eating experience at one’s own desired place or home. Meal kits also offer customers with customized food ingredients as per their choice for their family or for the individual use. As the meal kit service helps the customer to select healthy ingredients for their healthy life the whole year, this turns out to be a key factor for the market development of meal kit. Growing preferences for homemade meals among young generation or millennials is expected to be a key element contributing to the market growth of meal kit. The meal kit delivery services are also popular among working couples, busy parents, those juggling with multiple jobs, and people with special diet needs who choose consuming pre-planned ingredients or meals so that they can prepare meals easily.  Such busy parents or individuals fuel the market growth as they believe that the price they pay for the services are justified as it provides numerous benefits, and are further expected to increase the market growth of meal kit in the forthcoming years.

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The global Meal Kit market report provides comprehensive market information, including classifications, definitions, and market analysis. This also helps with the awareness of various item specifics, the manufacturing cycle, the supply chain, and the cost structure. Along these lines, the understanding of the project's structural squares and key drivers of development is enhanced. To estimate the market size, boundaries such as import and fare, rules in various nations, inflation, legal and political variables, financial elements, and other minor aspects inside organizations have been broken down. The research examines the competitive landscape as well as the most current positions of major rivals in the Meal Kit industry.

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Key Industry Players in 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.

Meal Kit Delivery Market Report identifies various key players in the market and sheds light on their strategies and collaborations to combat competition. The comprehensive report provides a two-dimensional picture of the market. By knowing the global revenue of manufacturers, the global price of manufacturers, and the production by manufacturers during the forecast period of 2022 to 2028, the reader can identify the footprints of manufacturers in the Meal Kit Delivery industry.

Segmentation Analysis Includes,

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)

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Key Benefits:

  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the meal kit market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.

Meal Kit Delivery market is segmented by players, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Meal Kit Delivery market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2022-28.

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This report aims to provide a comprehensive presentation of the global market for Meal Kit, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Meal Kit.

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