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Meal Kit market 2023: Industry Growth, Dynamic Research Analysis, Trend and Forecast To 2029

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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.

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Meal Kit research contains in-depth details on variables influencing demand, growth, opportunities, challenges, and restrictions. It provides in-depth information on the structure and outlook for both global and regional industries. The report also includes data on RD, the introduction of new products, and product reactions from the local and global markets by leading players

The Major Players in The Meal Kit Market Include:

  • 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 has segmented the global Meal Kit market on the basis of type, application, and region:

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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Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors

Provision of market value (USD Billion) data for each segment and sub-segment

Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled

Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players

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