LONDON--(BUSINESS WIRE)--Technavio has been monitoring the meal kit delivery services market and it is poised to grow by USD 15.93 bn during 2020-2024, progressing at a CAGR of over 18% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Albertsons Companies Inc., Blue Apron Holdings Inc., Fresh Direct LLC, HelloFresh SE, Mindful Chef Ltd., Relish Labs LLC, SCA Investments Ltd., SunBasket Inc., Three Limes Inc., and Tyson Foods Inc. are some of the major market participants. Although the growing use of advanced analytics tools will offer immense growth opportunities, fluctuations in food commodity prices will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Growing use of advanced analytics tools has been instrumental in driving the growth of the market. However, fluctuations in food commodity prices might hamper market growth.
Meal kit delivery services market 2020-2024 : Segmentation
Meal kit delivery services market is segmented as below:
- Product
- Vegetarian
- Non-vegetarian
- Geographic Landscape
- APAC
- Europe
- MEA
- North America
- South America
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Meal kit delivery services market 2020-2024 : Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our meal kit delivery services market report covers the following areas:
- Meal kit delivery services market size
- Meal kit delivery services market trends
- Meal kit delivery services market industry analysis
This study identifies the growing use of advanced analytics tools as one of the prime reasons driving the meal kit delivery services market growth during the next few years.
Meal kit delivery services market 2020-2024 : Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the meal kit delivery services market, including some of the vendors such as Albertsons Companies Inc., Blue Apron Holdings Inc., Fresh Direct LLC, HelloFresh SE, Mindful Chef Ltd., Relish Labs LLC, SCA Investments Ltd., SunBasket Inc., Three Limes Inc., and Tyson Foods Inc. Backed with competitive intelligence and benchmarking, our research reports on the meal kit delivery services market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Meal kit delivery services market 2020-2024 : Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist meal kit delivery services market growth during the next five years
- Estimation of the meal kit delivery services market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the meal kit delivery services market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of meal kit delivery services market vendors
Table Of Contents :
Executive Summary
- Market Overview
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Five Forces Summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product placement
- Non-Vegetarian - Market size and forecast 2019-2024
- Vegetarian - Market size and forecast 2019-2024
- Market opportunity by Product
Customer Landscape
- Overview
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- APAC - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
Drivers, Challenges, and Trends
- Market drivers
- Volume driver - Demand led growth
- Volume driver - Supply led growth
- Volume driver - External factors
- Volume driver - Demand shift in adjacent markets
- Price driver - Inflation
- Price driver - Shift from lower to higher priced units
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Albertsons Companies Inc.
- Blue Apron Holdings Inc.
- Fresh Direct LLC
- HelloFresh SE
- Mindful Chef Ltd.
- Relish Labs LLC
- SCA Investments Ltd.
- SunBasket Inc.
- Three Limes Inc.
- Tyson Foods Inc.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
