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Global Meal Kit Market (2020 to 2024) - Size & Forecasts with Impact Analysis of COVID-19

Research and Markets
·5-min read

Dublin, Nov. 20, 2020 (GLOBE NEWSWIRE) -- The "Global Meal Kit Market: Size & Forecasts with Impact Analysis of COVID-19 (2020-2024 Edition)" report has been added to ResearchAndMarkets.com's offering.

This report provides analysis of global meal kit market, with detailed analysis of market size in terms of value, segments and growth.

The report includes regional analysis of the meal kit market for the regions of North America, Europe and the Asia Pacific. Under competitive landscape, share analysis of players in the US and Canada meal kit market by run-rate annual revenue has been done. This is followed by a comparison of US meal kit companies on the basis of price per meal.

Moreover, the report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global meal kit market has also been forecasted for the years 2020-2024, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

Blue Apron, HelloFresh, Marley Spoon and Kroger (Home Chef) are some of the key players operating in the global meal kit market, whose company profiling has been done in the report. In this segment of the report, business overview, financial overview and business strategies of the companies are provided.

Regional Coverage

  • North America

  • Europe

  • Asia Pacific

The meal planning and preparation can be taken place through different sources or medium namely, Meal Kit, a subscription service that delivers customers food ingredients and recipes for them to prepare their own fresh meals; Food On Demand: Prepared Food, defined as the delivery of cooked food on the demand of customers and Food On Demand: Groceries, a process to deliver groceries at customers' doorsteps.

Global meal kit market is expected to increase at high growth rates during the forecasted period (2020-2024). Global meal kit market is supported by various growth drivers such as increasing preference of customers to buy from offline channels in comparison to online mode, shifts in foodservice behavior, reducing food wastage by going "ecofriendly", a spike in urban population and increasing disposable income, etc. The future trends such as hike in mergers and acquisitions (M&A) activity, flexible meal kit subscription, augmented food transparency, increasing millennial population, etc. escalate global meal kit market. Some challenges that hinder the growth are increasing food prices, uncertain economic situations and food security issues, etc.

Key Topics Covered:

1. Executive Summary

2. Introduction
2.1 Food: An Overview
2.2 Meal: An Overview
2.2.1 Meal Kit
2.2.2 Food on Demand: Prepared Food
2.2.3 Food on Demand: Groceries
2.3 Advantages and Disadvantages of Meal Kit

3. Global Market Analysis
3.1 Global Meal Kit Market: An Analysis
3.1.1 Global Meal Kit Market by Value
3.2 Global Meal Kit Market: Product Analysis
3.2.1 Global Meal Kit Market by Product
3.2.2 Global Non-Vegetarian Meal Kit Market by Value
3.2.3 Global Vegetarian Meal Kit Market by Value
3.3 Global Meal Kit Market: Distribution Channel Analysis
3.3.1 Global Meal Kit Market by Distribution Channel
3.3.2 Global Online Meal Kit Market by Value
3.4 Global Meal Kit Market: Regional Analysis
3.4.1 Global Meal Kit Market by Region (North America, Europe, Asia Pacific and Rest of the World)

4. Regional Market Analysis
4.1 North America Meal Kit Market: An Analysis
4.1.1 North America Meal Kit Market by Value
4.2 Europe Meal Kit Market: An Analysis
4.2.1 Europe Meal Kit Market by Value
4.3 Asia Pacific Meal Kit Market: An Analysis
4.3.1 Asia Pacific Meal Kit Market by Value

5. Impact of COVID-19
5.1 Impact on Global Meal Kit Market
5.1.1 Impact on Global Market Players
5.1.2 Opportunity for Grocery and Retailer Meal Kits
5.1.3 Impact on South Korea Meal Kit Market

6. Market Dynamics
6.1 Growth Drivers
6.1.1 More Customers Preferring to Buy Meal Kits through Offline Mode
6.1.2 Shifts in Food Service Behavior
6.1.3 Rising Grocery Spend
6.1.4 Reducing Food Wastage by Going "Ecofriendly"
6.1.5 Different Reasons Behind Meal Kit Purchase
6.1.6 Growing Urban Population
6.1.7 Increasing Disposable Income
6.1.8 Growing Demand for Gluten-Free Meal Kits
6.1.9 Fresh, Organic and Exotic Ingredients
6.2 Challenges
6.2.1 Aggregating Food Prices
6.2.2 High Cost of Customer Acquisition
6.2.3 Issues Regarding Food Security
6.2.4 Eco-Unfriendly Packaging
6.3 Market Trends
6.3.1 Hike in Mergers and Acquisitions (M&A) Activity
6.3.2 Increasing Home Cooking Trend
6.3.3 Flexible Meal Kit Subscription Plan
6.3.4 Rising Popularity Among Millennial
6.3.5 Augmented Food Transparency
6.3.6 Strong Competition

7. Competitive Landscape
7.1 The US Meal Kit Market: Players Comparison
7.1.1 The US Meal Kit Market Players by Share
7.1.2 The US Meal Kit Market Players Run Rate Revenue
7.1.3 The US Meal Kit Market Players Comparison by Price
7.1.4 The US Meal Kit Players by Online Visitor Traffic
7.2 Canada Meal Kit Market: Players Comparison
7.2.1 Canada Meal Kit Market Players by Share
7.2.2 Canada Meal Market Players by Online Visitor Traffic

8. Company Profiles
8.1 Blue Apron Holdings, Inc.
8.1.1 Business Overview
8.1.2 Financial Overview
8.1.3 Business Strategy
8.2 HelloFresh
8.2.1 Business Overview
8.2.2 Financial Overview
8.2.3 Business Strategy
8.3 Marley Spoon
8.3.1 Business Overview
8.3.2 Financial Overview
8.3.3 Business Strategy
8.4 Kroger (Home Chef)
8.4.1 Business Overview
8.4.2 Financial Overview
8.4.3 Business Strategy

For more information about this report visit https://www.researchandmarkets.com/r/lixm64

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

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