Meal Kit Delivery Services Market Competitive Landscape, Growth Factors, Revenue Analysis by 2028

meal kit delivery services market is anticipated to grow at a considerable CAGR of 8.1% during the forecast period. Increasing online penetration along with the rising number of working professionals are some of the major factors driving the growth of the market. Busy working professionals are inclining towards affordable, ready-to-eat, and personalized meals due to their convenience Additionally, growing online penetration has played a key role in the introduction of attractive, and user-friendly mobile applications which have in turn paved the way for meal kit delivery services across the globe. Consumers are increasingly looking for convenience and this trend is expected to fuel the demand for meal kits through online platforms. The companies offering meal kit delivery services have set up their online platforms, which are competent for supplying services to customers. Moreover, several restaurants are tying up with delivery channels to make the consumer shopping experience easy. For instance, in October 2021, Sunbasket partnered with Instacart, an online grocery platform in North America, to offer its line of Fresh & Ready prepared meals, meal kits, and grocery add-ons on the Instacart Marketplace across the US. Through this partnership, the company aims to provide the improved facility to its consumers to order Sunbasket meal options A-La carte, on the Sunbasket storefront on Instacart. Through the Sunbasket storefront on Instacart, customers can access Sunbasket’s menu and can order any meal available on the following week’s menu at the press of a button.

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The global meal kit delivery services market is segmented based on the offering, service, meal type, and platform. Based on the offering, the market is segmented into heat & eat, and cook & eat. Based on the service, the market is sub-segmented into single, and multiple. Based on the meal type, the market is segmented into vegan, vegetarian and non-vegetarian. Further, based on platform, the market is categorized into online platforms and offline platforms. Among the product type segment, the cook & eat sub-segment is expected to cater to a prominent market share over the forecast period owing to the increasing trend of cooking at home among the people who want to skip the supermarket and whip up a meal at home.

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  • Market Coverage
  • Market number available for – 2022-2028
  • Base year- 2021
  • Forecast period- 2022-2028
  • Segment Covered- By Source, By Product Type, By Applications
  • Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others

Market Segmentation

Global Meal Kit Delivery Services Market by Offering

  • Heat & Eat
  • Cook & Eat

Global Meal Kit Delivery Services Market by Service

  • Single
  • Multiple

Global Meal Kit Delivery Services Market by Meal Type

  • Vegan
  • Vegetarian
  • Non-vegetarian

Global Meal Kit Delivery Services Market by Platform

  • Online
  • Offline

Regional Analysis

  • North America
  • United States
  • Canada
  • Europe
  • UK
  • Germany
  • Italy
  • Spain
  • France
  • Rest of Europe
  • Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
  • Rest of the World

Company Profiles 

  • Daily Harvest
  • DigitalFoodLab
  • Dinnerly (MMM Consumer Brands Inc.)
  • Fit Food Club
  • Fresh Direct, LLC
  • Fresh N’ Lean
  • FUUD
  • Global Belly
  • Gobble, Inc.
  • Grocery Delivery E-Services USA, INC. dba EveryPlate
  • Hack Things, LLC (Crowd Cow)
  • Home Chef
  • Hungryroot
  • Imperfect Foods, Inc.
  • Marley Spoon (MMM Consumer Brands Inc.)
  • Panda Plates Inc. d/b/a Yumble
  • Romaine Empire, Inc, d/b/a (Farmer’s Fridge)
  • Sakara Life, Inc.
  • Snap Kitchen Investments, LLC
  • Splendid Spoon
  • Sun Basket, Inc.
  • The Purple Carrot
  • Veestro, Inc.

The Report Covers

  • Market value data analysis of 2021 and forecast to 2028.
  • Annualized market revenues ($ million) for each market segment.
  • Country-wise analysis of major geographical regions.
  • Key companies operating in the global meal kit delivery services market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
  • Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
  • Analysis of market-entry and market expansion strategies.
  • Competitive strategies by identifying ‘who-stands-where’ in the market.

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