The research report on ‘global meal kit delivery services market’ offers a comprehensive analysis of this business domain. It talks about the several development trends, challenges & restraints, and other revenue generating opportunities that are formulating the growth matrix as well as the revenue prospects of this business sphere over the period of 2021-2027.
Selbyville, Delaware, May 20, 2021 (GLOBE NEWSWIRE) -- Global meal kit delivery services market size, according to reliable analysts, was valued at USD 10.26 billion in the year 2020 and is likely to showcase a y-o-y growth rate of 13% during the study period, eventually reaching a valuation of USD 24.14 billion by 2027.The explosive growth of this business sphere can be attributed to growing demand for homemade meals, changing consumer behavior, and proliferating sales of pharmaceutical products.
The document specializes in comparing the past records with the current market trends, further providing entrepreneurs and enterprises a competitive lead in this industry vertical. It also analyzes the market space based on its various segmentations while highlighting their respective contribution towards the overall industry remuneration.
A detailed assessment of the regional scope as well as the competitive scenario is also included in the research report, ensuring improved decision-making and high profitability while investing in new ventures.
Request Sample copy of this Report @ https://www.marketstudyreport.com/request-a-sample/3793336/
Meal kit delivery services is basically a food service model that involves sending customers pre-portioned and partially-prepared food ingredients to prepare homecooked meals. Additionally, supportive regulatory outlook towards cold chain logistics, rapid urbanization, and increasing working population are also stimulating the industry outlook.
However, inconsistent user experience coupled with rising concerns regarding food quality may act as a bottleneck to the expansion of global meal kit delivery services market. Regardless, growing digitalization and widespread adoption of meal kit delivery services are predicted to provide the industry participants several revenue generating opportunities.
Citing an instance, HelloFresh reported to have generated revenues worth USD 754.8 million in May 2021, which is approximately a 66.4% increase. The company has also recorded 82.3% revenue increase in the United States, where its customer base surged by 88.6% annually, eventually accounting for 2.64 million.
Highlighting the market segmentations
Worldwide meal kit delivery services market has been bifurcated on the basis of offering type, service type, and platform type.
In terms of offering type, the market is further split into cook & eat and heat & eat segments. By service, the industry is divided into multiple and single. Moving on to platform type, global meal kit delivery services industry is segmented into offline and online.
To access a sample copy or view this report in detail along with the table of contents, please click the link below:
Summarizing the geographical landscape
The global scope of operations of this industry vertical involves North America, Latin America, Asia-Pacific, Europe, and the rest of the world. The country-level fragmentation includes United States, Canada, Mexico, Brazil, India, China, South Korea, Japan, Australia, Germany, Spain, Italy, France, and United Kingdom among others.
According to seasoned experts, Asia-Pacific currently holds the largest share in global meal kit delivery services industry and is likely to showcase consistent growth in the ensuing years. Factors including rapid urbanization and growing elderly population are primarily adding traction to the regional market size.
North America, on the other hand, is also set to generate lucrative returns for the industry participants, owing to changing consumer behavior and rising per capita income.
Global Meal Kit Delivery Services Market by Offering (Revenue, USD Billion, 2018-2027)
Global Meal Kit Delivery Services Market by Service (Revenue, USD Billion, 2018-2027)
Global Meal Kit Delivery Services Market by Platform (Revenue, USD Billion, 2018-2027)
Global Meal Kit Delivery Services Market Regional Contribution (Revenue, USD Billion, 2018-2027)
Rest of the World
Global Meal Kit Delivery Services Market Competitive Landscape (Revenue, USD Billion, 2018-2027)
Table of Content:
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Global Meal Kit Delivery Services Market, by Region, 2019-2027 (USD Billion)
1.2.2. Global Meal Kit Delivery Services Market, by Offering, 2019-2027 (USD Billion)
1.2.3. Global Meal Kit Delivery Services Market, by Service, 2019-2027 (USD Billion)
1.2.4. Global Meal Kit Delivery Services Market, by Platform, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Meal Kit Delivery Services Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Meal Kit Delivery Services Market Dynamics
3.1. Meal Kit Delivery Services Market Impact Analysis (2019-2027)
3.1.1. Market Drivers
220.127.116.11. Rising demand for homemade meals
18.104.22.168. Changing consumer behaviours
3.1.2. Market Challenges
22.214.171.124. Inconsistent user experience
126.96.36.199. Poor food quality
3.1.3. Market Opportunities
188.8.131.52. Increasing digitalization
Chapter 4. Global Meal Kit Delivery Services Market Industry Analysis
4.1. Porter's 5 Force Model
4.2. PEST Analysis
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Meal Kit Delivery Services Market, by Offering
5.1. Market Snapshot
5.2. Global Meal Kit Delivery Services Market by Offering, Performance - Potential Analysis
5.3. Global Meal Kit Delivery Services Market Estimates & Forecasts by Offering 2018-2027 (USD Billion)
5.4. Meal Kit Delivery Services Market, Sub Segment Analysis
5.4.1. Heat & Eat
5.4.2. Cook & Eat
Chapter 6. Global Meal Kit Delivery Services Market, by Service
6.1. Market Snapshot
6.2. Global Meal Kit Delivery Services Market by Service, Performance - Potential Analysis
6.3. Global Meal Kit Delivery Services Market Estimates & Forecasts by Service 2018-2027 (USD Billion)
6.4. Meal Kit Delivery Services Market, Sub Segment Analysis
Chapter 7. Global Meal Kit Delivery Services Market, by Platform
7.1. Market Snapshot
7.2. Global Meal Kit Delivery Services Market by Platform, Performance - Potential Analysis
7.3. Global Meal Kit Delivery Services Market Estimates & Forecasts by Platform 2018-2027 (USD Billion)
7.4. Meal Kit Delivery Services Market, Sub Segment Analysis
Chapter 8. Global Meal Kit Delivery Services Market, Regional Analysis
Global Processed Fruits and Vegetables Market, Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020 - 2026
It is estimated that the global fruits and vegetables market will record substantial revenue over the next few years. The consumption of processed fruits has increased significantly due to busier and more hectic lifestyles. These products serve as a convenient option for a vast majority of consumers owing to their prolonged shelf life. Modern lifestyles and changing dietary patterns have led to the development of novel technologies for the processing of fruits and vegetables. Food and beverage companies are looking to capitalize on the growing popularity of these products by developing new innovative varieties of processed food products.
Canned, dried, or frozen fruits and vegetables offer a range of benefits including longer shelf life, convenience, and an excellent nutritional profile including vitamins, minerals, and fiber. In addition, year round availability of fruits and vegetables makes them a preferred healthy snacking option among consumers. These products retain most of their nutritional properties during processing and can be packaged within hours of being picked. Easy preparation and storage are among the other major benefits of processed fruit and vegetable products available.
Market Study Report, LLC. is a hub for market intelligence products and services.
We streamline the purchase of your market research reports and services through a single integrated platform by bringing all the major publishers and their services at one place.
Our customers partner with Market Study Report, LLC. to ease their search and evaluation of market intelligence products and services and in turn focus on their company's core activities.
If you are looking for research reports on global or regional markets, competitive information, emerging markets and trends or just looking to stay on top of the curve then Market Study Report, LLC. is the platform that can help you in achieving any of these objectives.
CONTACT: Contact Us: Corporate Sales, Market Study Report LLC Phone: 1-302-273-0910 Toll Free: 1-866-764-2150 Email: firstname.lastname@example.org News: https://www.groundalerts.com/