$15.5 Billion Meal Kit Market Analysis: Global Forecast to 2025 by Country, Ordering Method (Online, Offline), Category (Vegetarian, Non-Vegetarian), Type (Fresh Food, Process Food) & Companies - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Dec 18, 2019--
The “Meal Kit Market Global Analysis by Country, Ordering Method (Online, Offline), Category (Vegetarian, Non-Vegetarian), Type (Fresh Food, Process Food) & Companies” report has been added to ResearchAndMarkets.com’s offering.
The Global Meal Kit Market is estimated to surpass US$ 15.5 Billion by the end of the year 2025.
In 2007, a Swedish company called Middagsfrid began the idea of meal kit service. Then further demand for this service became popular in Germany, Sweden, Italy, Spain, France, and the United Kingdom. The meals are made up of several combinations such as pasta, potatoes, vegetables, rice, packed sauce, fish, meat, etc. Users prefer to cook easily at the end of their day. Through understanding customer food preferences, companies sell fresh foods more than processed foods.
In the United States and European region, the demand for processed meal kit is observed. The global food processing meal kit market is expected to grow significantly during the forecast period. The main factors driving the global market for meal kit are; the world’s rising working professional, Preference for nutritional comfort, Changes in the operation of food service, growing urban population, Tendency to reduce food waste, Customers looking for quick service in the collection and purchase of food products, The increasing availability of fresh food items, Increasing trend of the idea of meal kit, Adoption of trouble-free preparation of food by working professional and increasing number of kitchen-savvy customers etc.
United Sates holds the Major Share in the Global Meal Kit Market
In this report, we have done complete assessment of top countries in the global meal kit market. The countries we have covered are: United States, Canada, Australia, China, Japan, Germany, France, United Kingdom and Others The report provides all the historical and forecast market value for each country. United Sates holds the major share in the global meal kit market.
Non-Vegetarian Segment Dominates the Global Meal Kit Market
In this report we have covered market by product category. Two types of market covered in this report: vegetarian and non-vegetarian. Non-Vegetarian market is dominating however vegetarian market is also playing a significant role in this market place.
Online Market is growing Tremendously
Online market is growing tremendously in the global meal kit market due to rising internet penetration across all parts of the world, growing tech-savvy population and availability of cheaper smartphones especially in the developing countries. Digital boom has created positive impacts on this market place. Offline is still favorable shopping method for those consumers who are not interested in subscription models.
Market Share Analysis - Global Meal Kit Market
By Country - Global Meal Kit Market
By Category - Global Meal Kit Market
By Type - Global Meal Kit Market
By Ordering Methods - Global Meal Kit Market
For more information about this report visit https://www.researchandmarkets.com/r/fs69o7
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KEYWORD: AUSTRALIA/OCEANIA AUSTRALIA NORTH AMERICA UNITED STATES ASIA PACIFIC UNITED KINGDOM EUROPE GERMANY CHINA FRANCE CANADA
INDUSTRY KEYWORD: FOOD/BEVERAGE RETAIL
SOURCE: Research and Markets
Copyright Business Wire 2019.
PUB: 12/18/2019 09:51 AM/DISC: 12/18/2019 09:51 AM