Offline Meal Kit Delivery Service Market Scope
After a long day work, the only thing left is to cook.Offline Meal delivery service is a great solution to save some serious time after hectic work schedule. It provides various services and products instead of shopping at grocery store, ordering food online and eating out. A healthy lifestyle and rise in disposable income has propelled the growth of offline meal kit delivery market. As per research there were more than 150 meal kit companies in United States and the meal kit business was estimated to be USD 2.2 Billion globally. The significant growth in recent years for offline meal kit delivery has attracted lot new entrants into the space, forcing industry player to look more innovative and sustain themselves for long run
According to AMA, the Global Offline Meal Kit Delivery Service market is expected to see growth rate of 4.53% and may see market size of USD2.27 Billion by 2026.
The Vendors having a strong hold in the market are Blue Apron, Hello Fresh, Plated. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Offline Meal Kit Delivery Service market throughout the predicted period.
Blue Apron (United States), Green Chef (Hello Fresh) (Germany), Home Chef (Unites States), Sun Basket (United States), Plated (United States), Chef d (United States), Purple Carrot (United States), Gobble Inc. (United States), Fresh Kit (United States), Abel & Cole (United Kingdom), Riverford (United Kingdom), Gousto (United Kingdom), Quitoque (France), Kochhaus (Germany), Kochzauber (Germany), Fresh Fitness Food (Germany) and Mindful Chef (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Riverford (United Kingdom), Gousto (United Kingdom), Quitoque (France), Kochhaus (Germany) and Kochzauber (Germany).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Offline Meal Kit Delivery Service market by Type (Ready-to-eat Food, Reprocessed Food and Other), by Application (User Age (Under 25), User Age (25-34), User Age (35-44), User Age (45-54), User Age (55-64) and Older) and Region with country level break-up.
On the basis of geography, the market of Offline Meal Kit Delivery Service has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
In June 2018, Kroger acquired Home Chef meal Kit Company, the country's largest private meal kit company with over 3 million meals delivered each month. Home Chef offers fresh, pre-portioned ingredients and easy to follow recipes delivered weekly.
"USDA is responsible for providing a safety net for millions of Americans who are food-insecure and for developing and promoting dietary guidance based on scientific evidence. USDA works to increase food security and reduce hunger by providing children and low-income people access to food, a healthful diet and nutrition education in a way that supports American agriculture and inspires public confidence. USDA provides critical nutrition assistance through Food and Nutrition Service (FNS) programs that include child nutrition programs, the Supplemental Nutrition Assistance Program (SNAP) and emergency food assistance among many other programs."
Market Trend
- Technological Innovations In Freezing & Packaging Of Ready To Eat Snacks
- Innovative Products In Functional Ingredients, Convenience, And Organic Foods
Market Drivers
- Rising Urban Population
- Increase in the Number of Working Women
- Convenience and Easy Accessibility
Opportunities
- Growing Disposable Income And Changing Lifestyle In Developing Nations
Restraints
- Traditional Method of Cooking, Fresh Preparation of Food Items
- Health-Related Concerns
Challenges
- Compliance With Quality and Regulatory Standards
Key Target Audience
Offline Meal Kit Delivery Manufacturers, Offline Meal Kit Delivery Distributors/Traders/Wholesalers, Offline Meal Kit Delivery Subcomponent Manufacturers, Industry Association and Downstream Vendors