Global Meal Vouchers and Employee Benefit Solutions Market 2022-2026

Global Meal Vouchers and Employee Benefit Solutions Market 2022-2026

Technavio has been monitoring the meal vouchers and employee benefit solutions market and it is poised to grow by $ 16.69 bn during 2022-2026 progressing at a CAGR of 4% during the forecast period. Our report on meal vouchers and employee benefit solutions market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by tax benefits of meal vouchers, growing employment rates, and active participation of banks.

The meal vouchers and employee benefit solutions market analysis includes the application segment and geographic landscape.

Technavio's meal vouchers and employee benefit solutions market is segmented as below:

By Application

  • Meal vouchers
  • Employee benefits
By Geographical Landscape
  • Europe
  • South America
  • APAC
  • North America
  • Middle East and Africa
This study identifies the shift toward digital meal vouchers and employee benefit solutions as one of the prime reasons driving the meal vouchers and employee benefit solutions market growth during the next few years. Also, rise in venture capital investment in employee benefit solution and strategic partnerships with meal kit delivery vendors will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on meal vouchers and employee benefit solutions market covers the following areas:
  • Meal vouchers and employee benefit solutions market sizing
  • Meal vouchers and employee benefit solutions market forecast
  • Meal vouchers and employee benefit solutions market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading meal vouchers and employee benefit solutions market vendors that include Alelo, Axis Bank Ltd., Cinqo Group, Edenred SA, Electrum Fintech Solutions Pvt. Ltd., Emburse Inc., Hrmony GmbH, ICICI Bank Ltd., Monizze NV SA, One Obopay Mobile Technology India Pvt. Ltd., PayPal Holdings Inc., Set Corporate Services Inc., Sodexo Group, SPENDIT AG, SWILE SAS, UniCredit SpA, Up Group, VA Tech Ventures Pvt Ltd., VR Beneficios, and Zaggle Prepaid Ocean Services Pvt. Ltd. Also, the meal vouchers and employee benefit solutions market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Companies Mentioned

Alpha Marathon Film Extrusion Technologies Inc., Aoki Technical Laboratory Inc., ARBURG GmbH Co KG, BEKUM Maschinenfabriken GmbH, Cannon Spa, Chen Hsong Holdings Ltd., Cosmos Machinery Enterprises Ltd., ENGEL AUSTRIA GmbH, Graham Engineering Corp., Gurucharan Industries, Haitan International Holdings Ltd., Hillenbrand Inc., Husky Technology, Kautex Maschinenbau GmbH, KraussMaffei Technologies GmbH, Negri Bossi Spa, Ningbo Haida Plastic Machinery Co. Ltd., Shibaura Machine Co. Ltd., Sumitomo Heavy Industries Ltd., The Japan Steel Works Ltd.


  • Executive Summary
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market characteristics
    • Value chain analysis
      • Table Value chain analysis: Specialized consumer services
      • Inputs
      • Operations
      • Marketing and sales
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025
      • Estimating growth rates for emerging and high-growth markets
      • Estimating growth rates for mature markets
        • Table Global - Market size and forecast 2020 - 2025 ($ million)
        • Table Global market: Year-over-year growth 2020 - 2025 (%)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis 2020 & 2025
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2020
  • Market Segmentation by Application
    • Market segments
      • Table Application - Market share 2020-2025 (%)
    • Comparison by Application
      • Table Comparison by Application
    • Meal vouchers - Market size and forecast 2020-2025
      • Table Meal vouchers - Market size and forecast 2020-2025 ($ million)
      • Table Meal vouchers - Year-over-year growth 2020-2025 (%)
    • Employee benefits - Market size and forecast 2020- 2025
      • Table Employee benefits - Market size and forecast 2020-2025 ($ million)
      • Table Employee benefits - Year-over-year growth 2020-2025 (%)
    • Market opportunity by Application
      • Table Market opportunity by Application
  • Customer Landscape
    • Table Customer landscape
  • Geographic Landscape
    • Geographic segmentation
      • Table Market share by geography 2020-2025 (%)
    • Geographic comparison
      • Table Geographic comparison
    • Europe - Market size and forecast 2020-2025
      • Table Europe - Market size and forecast 2020-2025 ($ million)
      • Table Europe - Year-over-year growth 2020-2025 (%)
    • South America - Market size and forecast 2020-2025
      • Table South America - Market size and forecast 2020-2025 ($ million)
      • Table South America - Year-over-year growth 2020-2025 (%)
    • APAC - Market size and forecast 2020-2025
      • Table APAC - Market size and forecast 2020-2025 ($ million)
      • Table APAC - Year-over-year growth 2020-2025 (%)
    • North America - Market size and forecast 2020-2025
      • Table North America - Market size and forecast 2020-2025 ($ million)
      • Table North America - Year-over-year growth 2020-2025 (%)
    • MEA - Market size and forecast 2020-2025
      • Table MEA - Market size and forecast 2020-2025 ($ million)
      • Table MEA - Year-over-year growth 2020-2025 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity by geography
      • Table Market opportunity by geography ($ million)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Tax benefits of meal vouchers
      • Growing employment rates
      • Active participation of banks
    • Market challenges
      • Data privacy and security issues
      • Alternative ways to save on tax
      • Advocacy against meal voucher companies
        • Table Impact of drivers and challenges
    • Market trends
      • Shift toward digital meal vouchers and employee benefit solutions
      • Growing new investments in developing countries
      • Strategic partnerships with meal kit delivery vendors
  • Vendor Landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
      • Table Industry risks
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Alelo
      • Table Alelo - Overview
      • Table Alelo - Product and service
      • Table Alelo - Key offerings
    • Axis Bank Ltd.
      • Table Axis Bank Ltd. - Overview
      • Table Axis Bank Ltd. - Business segments
      • Table Axis Bank Ltd. - Key offerings
      • Table Axis Bank Ltd. - Segment focus
    • Cinqo Group
      • Table Cinqo Group - Overview
      • Table Cinqo Group - Product and service
      • Table Cinqo Group - Key offerings
    • Edenred SA
      • Table Edenred SA - Overview
      • Table Edenred SA - Business segments
      • Table Edenred SA - Key news
      • Table Edenred SA - Key offerings
      • Table Edenred SA - Segment focus
    • Finnew Solutions Pvt. Ltd.
      • Table Finnew Solutions Pvt. Ltd. - Overview
      • Table Finnew Solutions Pvt. Ltd. - Product and service
      • Table Finnew Solutions Pvt. Ltd. - Key offerings
    • Monizze NV SA
      • Table Monizze NV SA - Overview
      • Table Monizze NV SA - Product and service
      • Table Monizze NV SA - Key offerings
    • Sodexo Group
      • Table Sodexo Group - Overview
      • Table Sodexo Group - Business segments
      • Table Sodexo Group - Key offerings
      • Table Sodexo Group - Segment focus
    • SPENDIT AG
      • Table SPENDIT AG - Overview
      • Table SPENDIT AG - Product and service
      • Table SPENDIT AG - Key offerings
    • The Up Group
      • Table The Up Group - Overview
      • Table The Up Group - Product and service
      • Table The Up Group - Key news
      • Table The Up Group - Key offerings
    • VR Beneficios
      • Table VR Beneficios - Overview
      • Table VR Beneficios - Product and service
      • Table VR Beneficios - Key offerings
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research Methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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