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As per a recent market analysis by Future Market Insights (FMI), the meal kit delivery services market is poised to reach a valuation of US$ 14.63 Bn in 2022. Sales are projected to increase at a 15% CAGR, with the market size reaching US$ 59.2 Mn by 2032.

Key players operating in the meal kit delivery services market are opting for a multi-brand expansion strategy. They are focused on expanding their market penetration in different regions by adopting an aggressive expansion strategy.

HelloFresh Group for instance, recently in April 2022, announced its first market entry in Asia, a step in line of its international expansion goal. Besides this, HelloFresh Group is also further focused on expanding its international penetration through rapid acquisitions.

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HelloFresh acquired Green Chef Company in the year 2018, Ready-to-Eat Meal Company Factor75, Inc. in 2020, Youfoodz in 2021, and others. All of such efforts on the part of well-established players is likely to further scale up market growth in the coming years.

Consumer spending on meal kits and grocery boxes has rapidly increased especially in the U.K. Furthermore, the rapidly growing demand for meal delivery kits from urban areas as well as rural areas is likely to escalate the sales of meal delivery kits in the coming years.

Key Takeaways from the Meal Kit Delivery Services Market Study

Key players are undertaking extensive efforts to promote their meal kit delivery services. Market players are focused on undertaking promotional strategies to voice out their service penetration in different markets.

Some of the major players present in the meal kit delivery services market are Blue Apron LLC, Freshly Inc., Hello Fresh Group, Sun Basket, Relish Labs LLC, Gobble, Marle Spoon Inc., Purple Carrot, Hungryroot and among others.

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Meal Kit Delivery Services Market by Category

Future Market Insights, in its new offering, provides an unbiased analysis of the global meal kit delivery services market, presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032.

The study divulges compelling insights on the meal kit delivery services market based on the offering type (heat & eat, cook & eat), channel (online and offline), meal type (vegetarian, vegan and non-vegetarian), by type (economic meal kit and premium meal kit) across seven major regions.

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3.4.2. PESTLE and Porter’s Analysis

Explore FMI’s Extensive ongoing Coverage on Consumer Product Domain

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Future Market Insights Inc. Christiana Corporate, 200 Continental Drive, Suite 401, Newark, Delaware – 19713, USA T: +1-845-579-5705 Report: https://www.futuremarketinsights.com/reports/meal-kit-delivery-services-market For Sales Enquiries: [email protected] Browse latest Market Reports: https://www.futuremarketinsights.com/reports LinkedIn| Twitter| Blogs 

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