Business

Meal Kit Delivery Services Market Size, Share, Growth, Demand And Forecast 2024-2032

The latest report by IMARC Group, titled “Meal Kit Delivery Services Market Report by Offering (Heat and Eat, Cook and Eat), Service (Single, Multiple), Meal Type (Vegan, Vegetarian, Non-Vegetarian), Platform (Online, Offline), and Region 2024-2032“, The global meal kit delivery services market size reached US$ 24.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 85.0 Billion by 2032, exhibiting a growth rate (CAGR) of 14.7% during 2024-2032.

Factors Affecting the Growth of the Meal Kit Delivery Services Industry:

  • Convenience and Time-Saving:

One of the primary drivers of the meal kit delivery services market is the convenience and time-saving aspect they offer. Busy lifestyles and the increasing number of dual-income households leave little time for meal planning, grocery shopping, and cooking. Meal kits simplify this process by delivering pre-measured ingredients and easy-to-follow recipes directly to consumers’ doorsteps. This service not only reduces the time spent on meal preparation but also minimizes food waste by providing the exact amount needed for each recipe. For many, the convenience of having diverse, healthy meals without the hassle of traditional meal preparation is a significant draw, fueling the growth of the meal kit delivery market.

  • Health and Wellness Trends:

The rising focus on health and wellness is another crucial driver of the meal kit delivery services market. Consumers are becoming more conscious about their dietary habits and are seeking healthier meal options that align with their nutritional goals. Meal kit services cater to this demand by offering a variety of plans tailored to different dietary preferences and requirements, such as keto, paleo, vegan, and gluten-free. These services provide balanced, portion-controlled meals that make it easier for consumers to maintain a healthy diet. The emphasis on fresh, high-quality ingredients and transparency about nutritional information appeals to health-conscious consumers, boosting the popularity of meal kit delivery services.

  • Culinary Exploration and Customization

The desire for culinary exploration and the ability to customize meals is a significant driver in the meal kit delivery services market. Many consumers enjoy the opportunity to try new recipes and cuisines that they might not attempt on their own. Meal kits provide a structured yet flexible way to experiment with different flavors and cooking techniques. Additionally, the customization options offered by many meal kit providers allow consumers to tailor their meal selections based on personal taste preferences, dietary restrictions, and portion sizes. This level of personalization enhances the overall user experience, making meal kits an attractive option for those looking to diversify their culinary repertoire while still enjoying the convenience of home-cooked meals.

Competitive Landscape with Key Player:

  • Blue Apron
  • LLC
  • ButcherBox
  • Fresh n’ Lean
  • Gobble Inc
  • Gousto
  • HelloFresh
  • Home Chef (The Kroger Co.)
  • Hungryroot
  • Marley Spoon AG
  • Purple Carrot
  • Sun Basket Inc

For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/meal-kit-delivery-services-market/requestsample

Report Segmentation:

The report has segmented the market into the following categories:

Offering Insights:

  • Heat and Eat
  • Cook and Eat

Cook and eat represents the leading segment due to the popularity of pre-measured ingredients and easy-to-follow recipes that simplify home cooking.

Service Insights:

  • Single
  • Multiple

Based on the service, the market has been bifurcated into single and multiple.

Meal Type Insights:

  • Vegan
  • Vegetarian
  • Non-Vegetarian

Non-vegetarian represents the largest segment as it caters to a broad consumer base with diverse protein options and popular meal choices.

Platform Insights:

  • Online
  • Offline

Online holds the majority of the market share on account of the convenience of ordering, extensive variety, and personalized meal plan options available through digital platforms.

Market Breakup by Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

North America’s dominance in the meal kit delivery services market is attributed to high consumer demand for convenient meal solutions and a well-established e-commerce infrastructure.

Global Meal Kit Delivery Services Market Trends:

The global meal kit delivery services market is primarily driven by the convenience and time-saving benefits of meal kits appeal to busy consumers, particularly those with demanding work schedules and limited time for grocery shopping and meal preparation. Meal kits offer pre-measured ingredients and simple recipes, reducing the hassle of meal planning and minimizing food waste. Apart from this, the rising health and wellness trend has significantly boosted the market. Consumers are increasingly seeking healthy, balanced meal options that align with their dietary preferences, such as keto, paleo, vegan, and gluten-free diets. Meal kit services cater to this demand by providing fresh, high-quality ingredients and detailed nutritional information, making it easier for people to maintain healthy eating habits. Furthermore, the heightened desire for culinary exploration and customization is contributing to market growth.  

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Contact US

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145

Related posts

Vietnam IT Services Market Report 2024-2032, Exhibiting CAGR of 11.50%

yourabhayrajput

Fire Sprinklers Market Share, Size, Industry Growth, Analysis Report 2023-2028

Shaban