US Meal Kit Market Forecast by Renub Research

In the United States Meal kit industry has emerged as one of the fastest-growing segment in the food and beverages sector. A meal kit is a subscription-based food service business model, where a customer gets a pre-cooked meal or half-cooked food products regularly to their home or desired place. This service is promoted as personalization of the food and beverage industry that is becoming a popular trend for the metropolitan population. According to Renub Research analysis, United States Meal Kit Market is anticipated to be US$ 6.39 Billion by 2026.

As of now, more than 150 meal kit companies are operating in the United States. Companies like Blue Apron, Home Chef, Kroger, Marley Spoon Inc, and Goodfood are investing heavily in United States Meal Kit Market. As the disposable income among millennial is increasing and time-crunch to prepare complete food are helping to grow the meal kits market in the United States. Meal Kits also have other benefits as it supports the consumer in cooking exotic dishes with proper ingredients and recipes.

United States Meal Kit Market Share

On the other hand, consumers have proven to be noncommittal, and investors remain doubtful when it comes to meal kits. The Wall Street Journal reported that fewer than 10% of the latest meal kit users within the U.S. are around after two years, consistent with analytics from Second Measure. HelloFresh shares fell 6% at the top of May after there was talk a COVID-19 vaccine being available by year’s end, and Blue Apron, even with recent gains, has only reached $10 a share.

“Meal kits are a growth category, one that’s seeing rapid maturation, “Companies are previously told Progressive Grocer.” We expect consumers will still cook more at home post-pandemic, and meal kits will fit that unique consumer need.”

The Impact of COVID-19 on Meal Kit Industry

Coronavirus has disrupted most of the industry negatively, but it has raised the demand for Meal Kits in the United States. This growth is due to the demand of customer for safe food during the lockdown. Since most food outlets and restaurants were closed during this period. In this report, we have covered all the insight for United States Meal Kit Market affected by COVID-19.

Renub Research report titled “United States Meal Kit Market by Food Type (Fresh & Processed Food), Ordering Methods (Online, Exclusive In-Store and Online & In-store), Category (Vegetarian, Non-Vegetarian), Cities (California, New York, Texas, Florida, Pennsylvania, Illinois and Others), Company Analysis (Blue Apron Holdings, Goodfood, HelloFresh, Marley Spoon Inc, and Kroger Co.)” provides complete analysis of the Meal Kit Market in the United States.

Request a free Sample copy of the report: https://www.renub.com/request-sample-page.php?gturl=united-states-meal-kit-market-p.php

Cities – Top Six Cities Meal Kit Market is Covered in the Report

  1. California
  2. New York
  3. Texas
  4. Florida
  5. Pennsylvania
  6. Illinois
  7. Rest of United States

Food Type – Both the Types of Food Market Covered in the Report

• Fresh Food
• Process Food

Ordering Methods – All three Types of Ordering Methods Market Covered in the Report

• Exclusive Online
• Exclusive In-Store
• Online & In-store

Food Category – Both Food Categories Market is Covered in the Report

• Vegetarian
• Non-Vegetarian

All the 5 Companies have been studied from Three Points

• Overview
• Recent Developments & Strategy
• Sales Analysis

Company Analysis

  1. Blue Apron Holdings
  2. Goodfood
  3. HelloFresh
  4. Marley Spoon Inc
  5. Kroger Co.

About Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises of major players in Life Sciences, Information Technology, Telecom, Financial Services (Banking, Insurance), Energy, Retail, Manufacturing, Automotive, and Social sector. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers and executives to make informed and correct decisions.

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Global Meal Kit Market will be US$ 15.5 Billion by 2025 – Renub Research

Meal Kit Market Global Analysis by Country, Ordering Method (Online, Offline), Category (Vegetarian, Non-Vegetarian), Type (Fresh Food, Process Food) & Companies (Blue Apron Holdings, Inc., Goodfood, HelloFresh, Marley Spoon Inc., Home Chef) provides a complete analysis of the global meal kit market.

A meal kit is a subscription based foodservice business in which a food business sends fresh food ingredients and half prepared food ingredients along with recipes to prepare homemade meals to its customers. The global meal kits market is expected to surpass US$ 15 Billion by the end of year 2025.

The major factors that would propel the meal kits market growth are; rising number of professionals, people having less time to cook, it’s very hard to find the exact ingredient for specific recipe, available in fresh & partially prepared ingredients, people love to make food by own, innovative recipe, quality ingredient with nutritional value, the trend of nuclear families are rising across the world, rising per capita income, acceptance of meal kits in major developed countries.

global meal kit marekt – renub.com

The good part of meal kits is to really reduce the wastage of food because companies provide exact quantity of intergradient in the box. Companies are considering many aspects to provide convenience to the customer like food preparation, grocery purchase planning, lunch time menu, dinner time menu, nutritional value age wise etc.

Meal kits are available in online and offline both forms, but online platform is most popular among consumer because of increasing penetration of mobile all across the world. Meal kits businesses are performing well in developed nation like United States and Europe. But companies are also planning to boost the concept in Asian region.

Companies are also customizing their product according to region, age and health specific requirement. Many companies also offer gluten free ingredients and various recipes that are compatible for diabetes patients.

Request a free Brochure copy of the report: https://www.renub.com/request-sample-page.php?gturl=meal-kit-market-p.php

By Regions

In this section, we have done complete assessment of region profile and categorized it into 9 parts; Canada, United States, Germany, United Kingdom, China, Japan, Australia, France, rest of the world. Besides we have also mentioned the various growth factors and key challenges associated with each region.

By Ordering Method

In this section, market is divided into two parts; online and offline. Online platform has the faster growth due to convenience and increasing mobile penetration all across the world. Grocery and supermarket have also developed their strategy to sell meal kits across various locations. One of the major advantage of offline platform is consumer don’t have to subscribe for meal kits, they can just pick from the grocery and supermarket whenever they are required.

By Product

In this section of the report, the market is fragmented into two parts; vegetarian and non-vegetarian. Non-vegetarian market dominates the overall meal kits market but vegetarian segment is growing significantly over a period time.

By Product Type

In this section of the report, the market is categorized into two parts; fresh meal kits and partially cooked meal kits. Currently partially cooked meal kits are dominating the market but fresh meal kits are also performing well in the market.

If the information you seek is not included in the current scope of the study kindly share your specific requirements with our custom research team.

Key Topics Covered :

  1. Introduction
  2. Research & Methodology
  3. Global Meal Kit Market
  4. Market Share Analysis – Global Meal Kit

4.1 By Country
4.2 By Category
4.3 By Type
4.4 By Purchasing Methods

  1. Country – Global Meal Kit Market

5.1 United States
5.2 Canada
5.3 Australia
5.4 China
5.5 Japan
5.6 Germany
5.7 France
5.8 United Kingdom
5.9 Others

  1. Category – Global Meal Kit Market

6.1 Vegetarian
6.2 Non-Vegetarian

  1. Type – Global Meal Kit Market

7.1 Fresh Food
7.2 Process Food

  1. Ordering Methods – Global Meal Kit Market

8.1 Offline Meal Kit
8.2 Online Meal Kit

  1. Company Analysis

9.1 Blue Apron Holdings, Inc.
9.2 Goodfood
9.3 HelloFresh
9.4 Marley Spoon Inc.
9.5 Home Chef (Acquired by Kroger Co.)

About Us:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys, and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. Our clients rely on our market analysis and data to make informed knowledgeable decisions. Our pertinent analysis helps consultants, bankers and executives to make informed and correct decisions.

Contact Us

Renub Research
Phone: +1-678-302-0700
Email: info@renub.com
Website: www.renub.com
Follow us on LinkedIn: www.linkedin.com/company/renub-research