Global Meal Kit Market: Size & Forecasts with Impact Analysis of Covid-19 (2020-2024 Edition)

Global Meal Kit Market: Size & Forecasts with Impact Analysis of Covid-19 (2020-2024 Edition)

Scope of the Report

The report entitled “Global Meal Kit Market: Size & Forecasts with Impact Analysis of Covid-19 (2020-2024 Edition)” 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 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 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 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

Company Coverage

Blue Apron
HelloFresh
Marley Spoon
Kroger (Home Chef)

  Executive Summary

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’ door steps.

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 food service behavior, reducing food wastage by going “ecofriendly”, 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.


1. Executive Summary
2. Introduction
2.1 Food: An Overview
Table 1: Major Food Groups
2.2 Meal: An Overview
Table 2: Meal Landscape
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
Table 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
Table 4: Global Meal Kit Market by Value; 2017-2019 (US$ Billion)
Table 5: Global Meal Kit Market by Value; 2020-2024 (US$ Billion)
3.2 Global Meal Kit Market: Product Analysis
3.2.1 Global Meal Kit Market by Product
Table 6: Global Meal Kit Market by Product; 2019 (Percentage, %)
3.2.2 Global Non-Vegetarian Meal Kit Market by Value
Table 7: Global Non-Vegetarian Meal Kit Market by Value; 2018-2019 (US$ Billion)
Table 8: Global Non-Vegetarian Meal Kit Market by Value; 2020-2024 (US$ Billion)
3.2.3 Global Vegetarian Meal Kit Market by Value
Table 9: Global Vegetarian Meal Kit Market by Value; 2018-2019 (US$ Billion)
Table 10: Global Vegetarian Meal Kit Market by Value; 2020-2024 (US$ Billion)
3.3 Global Meal Kit Market: Distribution Channel Analysis
3.3.1 Global Meal Kit Market by Distribution Channel
Table 11: Global Meal Kit Market by Distribution Channel; 2019 (Percentage, %)
3.3.2 Global Online Meal Kit Market by Value
Table 12: Global Online Meal Kit Market by Value; 2018-2019 (US$ Million)
Table 13: Global Online Meal Kit Market by Value; 2020-2024 (US$ Million)
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)
Table 14: Global Meal Kit Market by Region; 2019 (Percentage, %)
4. Regional Market Analysis
4.1 North America Meal Kit Market: An Analysis
4.1.1 North America Meal Kit Market by Value
Table 15: North America Meal Kit Market by Value; 2018-2019 (US$ Billion)
Table 16: North America Meal Kit Market by Value; 2020-2024 (US$ Billion)
4.2 Europe Meal Kit Market: An Analysis
4.2.1 Europe Meal Kit Market by Value
Table 17: Europe Meal Kit Market by Value; 2018-2019 (US$ Billion)
Table 18: Europe Meal Kit Market by Value; 2020-2024 (US$ Billion)
4.3 Asia Pacific Meal Kit Market: An Analysis
4.3.1 Asia Pacific Meal Kit Market by Value
Table 19: Asia Pacific Meal Kit Market by Value; 2018-2019 (US$ Million)
Table 20: Asia Pacific Meal Kit Market by Value; 2020-2024 (US$ Million)
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
Table 21: Meal Kit Consumers in the US by Distribution Channel; 2018 (Percentage, %)
6.1.2 Shifts in Food Service Behavior
Table 22: Popularity of Cooking/ Eating Home Made food in the US; 2019 (Percentage, %)
6.1.3 Rising Grocery Spend
Table 23: Global Online Grocery Spend; 2017-2025 (US$ Billion)
Table 24: The US Meal Kit Market Players Overview, 2018
6.1.4 Reducing Food Wastage by Going “Ecofriendly”
Table 25: Food Wastage in Fresh Food Industry; 2017
6.1.5 Different Reasons Behind Meal Kit Purchase
Table 26: Global Consumers Reason for Selecting Meal Kit Services; 2017 (Percentage, %)
6.1.6 Growing Urban Population
Table 27: Increasing Urban Population; 2013-2017 (Million)
6.1.7 Increasing Disposable Income
Table 28: Global GNI Per Capita; 2013-2018 (US$)
6.1.8 Growing Demand for Gluten-Free Meal Kits
6.1.9 Fresh, Organic and Exotic Ingredients
6.2 Challenges
6.2.1 Aggregating Food Prices
Table 29: Increasing Food Prices; 2017 (Percentage, %)
6.2.2 High Cost of Customer Acquisition
6.2.3 Issues Regarding Food Security
6.2.4 Eco-Unfriendly Packaging
6.3 Market Trends
6.3.1 Hike in Mergers and Acquisitions (M&A) Activity
Table 30: Recent M&A Activity within the Global Meal Kit Market
6.3.2 Increasing Home Cooking Trend
Table 31: The US Meal Kit Subscribers by Purchasing Trend; 2017 (Percentage, %)
6.3.3 Flexible Meal Kit Subscription Plan
6.3.4 Rising Popularity Among Millennial
6.3.5 Augmented Food Transparency
6.3.6 Strong Competition
7. Competitive Landscape
7.1 The US Meal Kit Market: Players Comparison
7.1.1 The US Meal Kit Market Players by Share
Table 32: The US Meal Kit Market Players by Share; 2019 (Percentage, %)
7.1.2 The US Meal Kit Market Players Run Rate Revenue
Table 33: The US Meal Kit Market Players Share based on Run-Rate Revenue; 2018 (Percentage, %)
7.1.3 The US Meal Kit Market Players Comparison by Price
Table 34: The US Meal Kit Market Players by Price Per Meal (Value); 2018 (US$)
Table 35: The US Meal Kit Market Players by Price Per Meal (Main Stream); 2018 (US$)
Table 36: The US Meal Kit Market Players by Price Per Meal (Premium); 2018 (US$)
7.1.4 The US Meal Kit Players by Online Visitor Traffic
Table 37: The US Meal Market Players by Online Visitor Traffic; February 2018- January 2019 (Thousands)
7.2 Canada Meal Kit Market: Players Comparison
7.2.1 Canada Meal Kit Market Players by Share
Table 38: Canada Meal Kit Market Players Based on Run-Rate Annual Revenue; 2018 (Percentage, %)
7.2.2 Canada Meal Market Players by Online Visitor Traffic
Table 39: Canada Meal Market Players by Online Visitor Traffic; February 2018- January 2019 (Thousands)
8. Company Profiles
8.1 Blue Apron Holdings, Inc.
8.1.1 Business Overview
8.1.2 Financial Overview
Table 40: Blue Apron Holdings, Inc. Net Revenue; 2015-2019 (US$ Million)
8.1.3 Business Strategy
8.2 HelloFresh
8.2.1 Business Overview
8.2.2 Financial Overview
Table 41: HelloFresh Revenue; 2014-2018 (US$ Million)
Table 42: HelloFresh Revenue by Segments; 2018 (Percentage, %)
8.2.3 Business Strategy
8.3 Marley Spoon
8.3.1 Business Overview
8.3.2 Financial Overview
Table 43: Marley Spoon Revenues; 2016-2019 (US$ Million)
Table 44: Marley Spoon Revenues by Region; 2019 (Percentage, %)
8.3.3 Business Strategy
8.4 Kroger (Home Chef)
8.4.1 Business Overview
8.4.2 Financial Overview
Table 45: Kroger Sales; 2015-2019 (US$ Billion)
Table 46: Kroger Sales by Type of Segment; 2019 (Percentage, %)
8.4.3 Business Strategy

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