Report cover image

Meal Voucher Market

Publisher Fortune Business Insights Pvt. Ltd.
Published Oct 01, 2024
Length 160 Pages
SKU # FOB19260782

Description

Meal Voucher Market



Growth Factors of Meal Voucher Market

The global meal voucher market size was valued at USD 65.57 billion in 2022 and is projected to grow from USD 67.91 billion in 2023 to USD 105.56 billion by 2030, exhibiting a CAGR of 6.5% during the forecast period of 2024-2032.

The pandemic improved the shift to virtual meal vouchers as far-off work decreased demand for paper-based alternatives. Providers tailored with cell and online answers, boosting digitalization and versatility inside the market, impeding the meal voucher market growth.

The Meal Voucher Market is pushed through the shift to digital bills, developing worker welfare tasks, tax incentives, and the rising demand for bendy meal advantages in far-off and hybrid work settings.

Digital meal vouchers have become increasingly popular, offering convenience and performance. These vouchers are accessible through cell apps or online structures, eliminating the desire for physical vouchers and streamlining the redemption method, expanding the meal voucher market share globally. This cashless technique reduces administrative fees and provides greater flexibility for personnel and employers. Digital meal vouchers give a contemporary and handy solution for employee benefits and assist neighborhood companies.

Comprehensive Analysis of Meal Voucher Market

The Meal Voucher Market is segmented into book and digital playing cards based on product type. The digital card phase is anticipated to dominate due to employers' enormous adoption of digital vouchering solutions and the growing popularity of digital meal coupons through online food delivery offerings. For example, structures like Eat have begun processing orders through virtual coupons. However, the e-book playing cards segment is also predicted to develop as some employers pick paper-based total vouchers to avoid fact theft and cellphone community problems associated with virtual alternatives.

The European region led the meal voucher market by benefitting a size of USD 24.92 billion in 2022 due to the tax advantages and a growing quantity of mid-sized organizations inside the U.K., Belgium, and the Netherlands prefer providing meal vouchers to their employees.

The leading players in the Meal Voucher Market significantly influence its growth trajectory and set industry standards. These key players, including Edenred SA (France), The Up Group (France), Sodexo Group (France), Alelo (Brazil), Asinta (U.S.), Axis Bank Limited (India), Cinqo Group (Bahrain), Circula GmbH (Germany), CIRFOOD International (Italy), Emburse, Inc. (U.S.), Monizze Nv SA (Belgium), Rakuten Group Inc. (Japan), SPENDIT AG (Germany), Swile (France), and Unum Group (U.S.), contribute to a competitive landscape, driving innovation and market advancement.

In July 2023, Alelo partnered with WeWork to increase its Alelo Workpass workplace voucher services throughout WeWork’s business enterprise community in Argentina, Mexico, Colombia, and Chile.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2017-2030

Base Year 2022

Estimated Year 2023

Forecast Period 2023-2030

Historical Period 2017-2021

Growth Rate The market is growing at a CAGR of 6.5% during 2023-2030

Unit Value (USD Billion)

Segmentation By Product Type

Book Card

Digital Card

By Geography

North America (By Product Type and By Country)
  • U.S. (By Product Type)
  • Canada (By Product Type)
  • Mexico (By Product Type)
Europe (By Product Type and By Country)
  • Germany (By Product Type)
  • France (By Product Type)
  • Italy (By Product Type)
  • Spain (By Product Type)
  • U.K. (By Product Type)
  • Russia (By Product Type)
  • Austria (By Product Type)
  • Rest of Europe (By Product Type)
Asia-Pacific (By Product Type and By Country)
  • China (By Product Type)
  • India (By Product Type)
  • Japan (By Product Type)
  • Australia (By Product Type)
  • Rest of Asia-Pacific (By Product Type)
South America (By Product Type and By Country)
  • Brazil (By Product Type)
  • Argentina (By Product Type)
  • Rest of South America (By Product Type)
The Middle East & Africa (By Product Type and By Country)
  • South Africa (By Product Type)
  • UAE (By Product Type)
  • Rest of the Middle East & Africa (By Product Type)


    • Please Note: It will take 5-6 business days to complete the report upon order confirmation.

Table of Contents

160 Pages
1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
3.4. Emerging Trends
4. Key Insights
4.1. Overview of the Parent/Related Markets
4.2. Industry SWOT Analysis
4.3. Supply Chain and Regulatory Analysis
4.4. Recent Industry Developments - Policies, Partnerships, New Product Launches, and Mergers & Acquisitions
4.5. Qualitative Analysis (in relation to COVID-19)
4.5.1. Impact of COVID-19
4.5.2. Supply Chain Challenges
4.5.3. Potential Opportunities due to COVID-19
5. Global Meal Voucher Market Analysis, Insights and Forecast, 2019-2030
5.1. Key Findings / Summary
5.2. Market Size Estimates and Forecast
5.2.1. By Product Type (Value)
5.2.1.1. Book Card
5.2.1.2. Digital Card
5.2.2. By Region (Value)
5.2.2.1. North America
5.2.2.2. Europe
5.2.2.3. Asia Pacific
5.2.2.4. South America
5.2.2.5. Middle East & Africa
6. North America Meal Voucher Market Analysis, Insights and Forecast, 2019-2030
6.1. Key Findings / Summary
6.2. Market Size Estimates and Forecast
6.2.1. By Product Type (Value)
6.2.1.1. Book Card
6.2.1.2. Digital Card
6.2.2. By Country (Value)
6.2.2.1. U.S.
6.2.2.1.1. By Product Type (Value)
6.2.2.1.1.1. Book Card
6.2.2.1.1.2. Digital Card
6.2.2.2. Canada
6.2.2.2.1. By Product Type (Value)
6.2.2.2.1.1. Book Card
6.2.2.2.1.2. Digital Card
6.2.2.3. Mexico
6.2.2.3.1. By Product Type (Value)
6.2.2.3.1.1. Book Card
6.2.2.3.1.2. Digital Card
7. Europe Meal Voucher Market Analysis, Insights and Forecast, 2019-2030
7.1. Key Findings / Summary
7.2. Market Size Estimates and Forecast
7.2.1. By Product Type (Value)
7.2.1.1. Book Card
7.2.1.2. Digital Card
7.2.2. By Country (Value)
7.2.2.1. Germany
7.2.2.1.1. By Product Type (Value)
7.2.2.1.1.1. Book Card
7.2.2.1.1.2. Digital Card
7.2.2.2. France
7.2.2.2.1. By Product Type (Value)
7.2.2.2.1.1. Book Card
7.2.2.2.1.2. Digital Card
7.2.2.3. Italy
7.2.2.3.1. By Product Type (Value)
7.2.2.3.1.1. Book Card
7.2.2.3.1.2. Digital Card
7.2.2.4. U.K.
7.2.2.4.1. By Product Type (Value)
7.2.2.4.1.1. Book Card
7.2.2.4.1.2. Digital Card
7.2.2.5. Spain
7.2.2.5.1. By Product Type (Value)
7.2.2.5.1.1. Book Card
7.2.2.5.1.2. Digital Card
7.2.2.6. Russia
7.2.2.6.1. By Product Type (Value)
7.2.2.6.1.1. Book Card
7.2.2.6.1.2. Digital Card
7.2.2.7. Austria
7.2.2.7.1. By Product Type (Value)
7.2.2.7.1.1. Book Card
7.2.2.7.1.2. Digital Card
7.2.2.8. Rest of Europe
7.2.2.8.1. By Product Type (Value)
7.2.2.8.1.1. Book Card
7.2.2.8.1.2. Digital Card
8. Asia Pacific Meal Voucher Market Analysis, Insights and Forecast, 2019-2030
8.1. Key Findings / Summary
8.2. Market Size Estimates and Forecast
8.2.1. By Product Type (Value)
8.2.1.1. Book Card
8.2.1.2. Digital Card
8.2.2. By Country (Value)
8.2.2.1. China
8.2.2.1.1. By Product Type (Value)
8.2.2.1.1.1. Book Card
8.2.2.1.1.2. Digital Card
8.2.2.2. India
8.2.2.2.1. By Product Type (Value)
8.2.2.2.1.1. Book Card
8.2.2.2.1.2. Digital Card
8.2.2.3. Japan
8.2.2.3.1. By Product Type (Value)
8.2.2.3.1.1. Book Card
8.2.2.3.1.2. Digital Card
8.2.2.4. Australia
8.2.2.4.1. By Product Type (Value)
8.2.2.4.1.1. Book Card
8.2.2.4.1.2. Digital Card
8.2.2.5. Rest of Asia Pacific
8.2.2.5.1. By Product Type (Value)
8.2.2.5.1.1. Book Card
8.2.2.5.1.2. Digital Card
9. South America Meal Voucher Market Analysis, Insights and Forecast, 2019-2030
9.1. Key Findings / Summary
9.2. Market Size Estimates and Forecast
9.2.1. By Product Type (Value)
9.2.1.1. Book Card
9.2.1.2. Digital Card
9.2.2. By Country (Value)
9.2.2.1. Brazil
9.2.2.1.1. By Product Type (Value)
9.2.2.1.1.1. Book Card
9.2.2.1.1.2. Digital Card
9.2.2.2. Argentina
9.2.2.2.1. By Product Type (Value)
9.2.2.2.1.1. Book Card
9.2.2.2.1.2. Digital Card
9.2.2.3. Rest of South America
9.2.2.3.1. By Product Type (Value)
9.2.2.3.1.1. Book Card
9.2.2.3.1.2. Digital Card
10. Middle East & Africa Meal Voucher Market Analysis, Insights and Forecast, 2019-2030
10.1. Key Findings / Summary
10.2. Market Size Estimates and Forecast
10.2.1. By Product Type (Value)
10.2.1.1. Book Card
10.2.1.2. Digital Card
10.2.2. By Country (Value)
10.2.2.1. South Africa
10.2.2.1.1. By Product Type (Value)
10.2.2.1.1.1. Book Card
10.2.2.1.1.2. Digital Card
10.2.2.2. UAE
10.2.2.2.1. By Product Type (Value)
10.2.2.2.1.1. Book Card
10.2.2.2.1.2. Digital Card
10.2.2.3. Rest of Middle East & Africa
10.2.2.3.1. By Product Type (Value)
10.2.2.3.1.1. Book Card
10.2.2.3.1.2. Digital Card
11. Competitive Matrix
11.1. Business Strategies Adopted by Leading Players
11.2. Global Meal Voucher Market Revenue Share/Ranking Analysis, By Key Manufacturer, 2022
12. Company Profiles
12.1. Edenred SA
12.1.1. Overview
12.1.2. Description
12.1.3. Product Type Portfolio
12.1.4. Financials (Data as available in public domain and/or on paid databases)
12.1.5. Recent Developments
12.2. The Up Group
12.2.1. Overview
12.2.2. Description
12.2.3. Product Type Portfolio
12.2.4. Financials (Data as available in public domain and/or on paid databases)
12.2.5. Recent Developments
12.3. Sodexo Group
12.3.1. Overview
12.3.2. Description
12.3.3. Product Type Portfolio
12.3.4. Financials (Data as available in public domain and/or on paid databases)
12.3.5. Recent Developments
12.4. Alelo
12.4.1. Overview
12.4.2. Description
12.4.3. Product Type Portfolio
12.4.4. Financials (Data as available in public domain and/or on paid databases)
12.4.5. Recent Developments
12.5. Asinta
12.5.1. Overview
12.5.2. Description
12.5.3. Product Type Portfolio
12.5.4. Financials (Data as available in public domain and/or on paid databases)
12.5.5. Recent Developments
12.6. Axis Bank Limited
12.6.1. Overview
12.6.2. Description
12.6.3. Product Type Portfolio
12.6.4. Financials (Data as available in public domain and/or on paid databases)
12.6.5. Recent Developments
12.7. Cinqo Group
12.7.1. Overview
12.7.2. Description
12.7.3. Product Type Portfolio
12.7.4. Financials (Data as available in public domain and/or on paid databases)
12.7.5. Recent Developments
12.8. Circula GmbH
12.8.1. Overview
12.8.2. Description
12.8.3. Product Type Portfolio
12.8.4. Financials (Data as available in public domain and/or on paid databases)
12.8.5. Recent Developments
12.9. CIRFOOD International
12.9.1. Overview
12.9.2. Description
12.9.3. Product Type Portfolio
12.9.4. Financials (Data as available in public domain and/or on paid databases)
12.9.5. Recent Developments
12.10. Emburse, Inc.
12.10.1. Overview
12.10.2. Description
12.10.3. Product Type Portfolio
12.10.4. Financials (Data as available in public domain and/or on paid databases)
12.10.5. Recent Developments
12.11. Monizze Nv SA
12.11.1. Overview
12.11.2. Description
12.11.3. Product Type Portfolio
12.11.4. Financials (Data as available in public domain and/or on paid databases)
12.11.5. Recent Developments
12.12. Rakuten Group Inc.
12.12.1. Overview
12.12.2. Description
12.12.3. Product Type Portfolio
12.12.4. Financials (Data as available in public domain and/or on paid databases)
12.12.5. Recent Developments
12.13. SPENDIT AG
12.13.1. Overview
12.13.2. Description
12.13.3. Product Type Portfolio
12.13.4. Financials (Data as available in public domain and/or on paid databases)
12.13.5. Recent Developments
12.14. Swile
12.14.1. Overview
12.14.2. Description
12.14.3. Product Type Portfolio
12.14.4. Financials (Data as available in public domain and/or on paid databases)
12.14.5. Recent Developments
12.15. Unum Group
12.15.1. Overview
12.15.2. Description
12.15.3. Product Type Portfolio
12.15.4. Financials (Data as available in public domain and/or on paid databases)
12.15.5. Recent Developments
13. Strategic Recommendations

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us