COVID-19 Impacts: Meal Vouchers and Employee Benefit Solutions Market will Accelerate at a CAGR of almost 6% through 2020-2024 | Tax Benefits of Meal Vouchers to Boost Growth | Technavio

Technavio has announced its latest market research report titled Global Meal Vouchers and Employee Benefit Solutions Market 2020-2024 (Graphic: Business Wire)

LONDON--()--Technavio has been monitoring the meal vouchers and employee benefit solutions market and it is poised to grow by $27.81 bn during 2020-2024, progressing at a CAGR of 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact

The market is concentrated, and the degree of concentration will accelerate during the forecast period. Alelo, Axis Bank Ltd., Cinqo Group, Edenred SA, Finnew Solutions Pvt. Ltd., Monizze NV SA, Sodexo Group, SPENDIT AG, The Up Group, and VR Beneficios are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Tax benefits of meal vouchers has been instrumental in driving the growth of the market. However, data privacy and security issues might hamper market growth.

Meal Vouchers and Employee Benefit Solutions Market 2020-2024 : Segmentation

Meal Vouchers and Employee Benefit Solutions Market is segmented as below:

  • Application
    • Meal Vouchers
    • Employee Benefits
  • Geographic Landscape
    • APAC
    • Europe
    • MEA
    • North America
    • South America

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR43013

Meal Vouchers and Employee Benefit Solutions Market 2020-2024 : Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our meal vouchers and employee benefit solutions market report covers the following areas:

  • Meal Vouchers and Employee Benefit Solutions Market size
  • Meal Vouchers and Employee Benefit Solutions Market trends
  • Meal Vouchers and Employee Benefit Solutions Market industry analysis

This study identifies growing employment rate as one of the prime reasons driving the meal vouchers and employee benefit solutions market growth during the next few years.

Meal Vouchers and Employee Benefit Solutions Market 2020-2024 : Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the meal vouchers and employee benefit solutions market, including some of the vendors such as Alelo, Axis Bank Ltd., Cinqo Group, Edenred SA, Finnew Solutions Pvt. Ltd., Monizze NV SA, Sodexo Group, SPENDIT AG, The Up Group, and VR Beneficios. Backed with competitive intelligence and benchmarking, our research reports on the meal vouchers and employee benefit solutions market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Meal Vouchers and Employee Benefit Solutions Market 2020-2024 : Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist meal vouchers and employee benefit solutions market growth during the next five years
  • Estimation of the meal vouchers and employee benefit solutions market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the meal vouchers and employee benefit solutions market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of meal vouchers and employee benefit solutions market vendors

Table Of Contents :

Executive Summary

  • Market Overview

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Application

  • Market segments
  • Comparison by Application
  • Meal vouchers - Market size and forecast 2019-2024
  • Employee benefits - Market size and forecast 2019-2024
  • Market opportunity by Application

Customer Landscape

  • Overview

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • Europe - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • APAC - Market size and forecast 2019-2024
  • North America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography

Drivers, Challenges, and Trends

  • Market drivers
  • Volume driver - Demand led growth
  • Volume driver - Supply led growth
  • Volume driver - External factors
  • Volume driver - Demand shift in adjacent markets
  • Price driver - Inflation
  • Price driver - Shift from lower to higher-priced units
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Alelo
  • Axis Bank Ltd.
  • Cinqo Group
  • Edenred SA
  • Finnew Solutions Pvt. Ltd.
  • Monizze NV SA
  • Sodexo Group
  • SPENDIT AG
  • The Up Group
  • VR Beneficios

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Release Summary

The Global Meal Vouchers and Employee Benefit Solutions Market will grow by $27.81 bn during 2020-2024

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/