LONDON--(BUSINESS WIRE)--According to the latest market research report released by Technavio, the global meal kit delivery services market is expected to accelerate at a CAGR close to 21% during the forecast period. The cost-effective solution, when compared to eating out, is one of the key factors triggering the growth of the market.
This research report titled ‘Global Meal Kit Delivery Services Market 2018-2022’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. It also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
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The market research analysis categorizes the global meal kit delivery services market into the following products:
In 2017, the vegetarian segment accounted for 37.79% of the global market and is projected to reach 38.24% by 2022, exhibiting almost 0.45% increase in market share.
Global meal kit delivery services market: Top emerging trend
The rise in demand for gluten-free meal kits is an emerging trend in the food service space. Owing to the awareness about the health effects of gluten, consumers are increasingly looking for gluten-free food products. Gluten-free food is generally consumed by individuals with gluten-related disorders such as celiac disease and non-celiac gluten sensitivity. Celiac diseases is an autoimmune disorder that damages the small intestine. In individuals with celiac disease, the small intestine cannot process gluten that is present in foods such as wheat, rye, and barley. It damages the small intestine lining and disrupts the absorption of nutrients from food. Thus, many foodservice outlets are offering gluten-free food on their menus to cater to the demands of such customers, which is expected to drive the growth of the market during the forecast period.
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Technavio’s report provides expert market research on the following topics:
- Market Outline
- Global Meal Kit Delivery Services Market Overview
- Market Sizing and Forecasts
- Market Growth
- Market Drivers and Challenges
- Key Emerging Trends
Market Segmentation Analysis
- Regional comparison (APAC, Americas, and EMEA)
- Key leading countries
- Market segmentation by product (vegetarian and non-vegetarian)
- Vendor classification
- Market positioning of vendors
- Competitive scenario
- Analysis of top vendors (Blue Apron, HelloFresh, Home Chef, Plated, and Sun Basket)
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