Sep 14, 2023

Companies Covered  HelloFresh SE, Blue Apron Inc., True Food Innovations, Sun Basket, Whole Foods Market, Marley Spoon Inc., PeachDish, Relish Labs LLC, Gobble Inc., Purple Carrot Key Takeaways from the Market Study As of 2022, the meal kit delivery services market was valued at US$ 5.1 billion By food type, the complete meal segment is anticipated to hold the largest share during the forecast period. Complete meal kit delivery services allow individuals to avoid the need to plan for groceries. Based on customer type, employed customer segment is estimated to dominate the industry during the forecast period Based on residents, the urban segment is anticipated to dominate the industry during the forecast period Meal Kit Delivery Services Market: Key Trends and Opportunistic Frontiers The rapid growth of e-commerce and digital platforms has facilitated the rise of meal kit delivery services. Consumers can easily browse meal options, customize their orders, and arrange deliveries through user-friendly websites and mobile apps. The increase in urban population and increased spending power are projected to spur meal kit delivery services market growth in the near future. Meal Kit Delivery Services Market- Regional Analysis North America is projected to hold the largest share of the meal kit delivery services market. Customers in North America increasingly prefer convenient food options due to their busy lifestyles. Increasing interest in convenient and healthy meal options and a strong e-commerce infrastructure have driven the growth of these services. The presence of major players like Blue Apron, HelloFresh, and Sun Basket in this region drives the market demand. Europe is expected to grow at a significant pace during the forecast period. Germany and the United Kit are poised to be major growth engines of the market in Europe. Increasing interest in gourmet and healthy meals. Companies like Marley Spoon and Quitoque operate in this region. Competitive Landscape The global business is consolidated, with a few large-scale vendors controlling majority of the market share. The leading players in the market are investing in new product development, mergers, and acquisitions to gain a competitive edge. Transparency Market Research has profiled the following players in its global meal kit delivery services market report: HelloFresh SE About Transparency Market Research Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports. Contact: