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Meal Kit Market Trends

Report ID: GMI6842 Published Date: October 2023Report Format: PDF
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Summary
Table of Content

Meal Kit Market Trends

Customers increasingly seek tailored meal options to accommodate their dietary preferences and restrictions. This has led to the development of more customizable meal kits, allowing consumers to choose from a variety of recipes and ingredients that align with their individual tastes and dietary requirements. Sustainability is another significant trend in the meal kit industry. With growing awareness of environmental issues, consumers are becoming more eco-conscious. Meal kit companies are responding by adopting sustainable practices, including reducing packaging waste, sourcing local and organic ingredients, and implementing green logistics solutions.

Author: Kunal Ahuja, Himanshu Kabra
Frequently Asked Question(FAQ) :

How will non-vegetarian segment contribute to meal kit industry growth?+

The non vegetarian segment held the largest market share, accounting for USD 6.5 billion in 2022 as these meal kits have broader consumer appeal with a larger portion of the population.

What is the size of the global meal kit market?+

The market size for meal kit was valued at USD 14.4 billion in 2022 and is estimated to reach USD 47.2 billion by 2032, owing to consumer preferences for convenient yet home-cooked meals.

Who are the main contenders in meal kit industry?+

Blue Apron, HelloFresh, Sun Basket, Relish Labs LLC (Home Chef), Gobble, Marley Spoon, Purple Carrot, Fresh n' Lean, and Hungryroot among others.

How big is North America meal kit market?+

North America industry size for meal kit was worth USD 5.3 billion in 2022 and is slated to grow at significant pace through 2032, attributed to the urbanization trend in region which has led to increased demand for convenient food options.

Meal Kit Market Scope

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