What is Online Recipe Box Market?
Online recipe box is used to keep large number of recipe organized for long haul. This online recipe box app also helps to make grocery lists. It has various features such as kitchen timers, large and easy to read displays and offline access so that connectivity issue is eliminated while cooking. In addition, the recipes can be quickly sorted, easily shared and cannot be misplaced or covered in stains. These features and benefits are increasing the demand for online recipe box.
The market study is being classified and major geographies with country level break-up.
Foodily (United States), Plan to eat (United States), Gojee (United States), Blue Apron (United States), Hello Fresh (Germany), Plated (United States), Sun Basket (United States), Chef’d (United States), Purple Carrot (United States) and Home Chef (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Abel & Cole (United Kingdom) and Gousto (United Kingdom).
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Online Recipe Box market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Online Recipe Box market by Type, Application and Region.
On the basis of geography, the market of Online Recipe Box 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Benefits Such as Easy to Sort and Access are fueling the Market
- Increasing Interest of Consumers towards Cooking
Market Trend
- Technological Advancements in Recipe Box
Restraints
- Costs Associated with the Online Recipe Box Subscription
- Availability of Free Applications
Opportunities
- Introduction of Various Types of Cuisines across the World
- Inclination of Consumers towards the Healthy Food and High Costs Associated with the same is driving the Market
Challenges
- Lack of Awareness about the Online Recipe Box
Key Target Audience
Online recipe box developer, Government associations, Research organizations, software vendors and Others