Pune, India -- (SBWIRE) -- 01/17/2020 -- Infinium Global Research has recently published a report on "Meal Kits Market (Type - Regional Cuisine Meal Kit, Health-conscious Meal Kit, Omnivore Meal Kit, and Other Types; Serving - Two Serving, Family/four Serving, and Other Serving): Global Industry Analysis, Trends, Size, Share and Forecasts to 2025." The report finds that the global meal kits market is growing at a steady rate at a CAGR of 12.4% over the forecast period.

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Healthy Food Delivery at Doorsteps Among Millennials is Expected to Propel the Growth of the Global Meal Kits Industry

Healthy lifestyle trends, growing awareness among millennials about customized food and increasing disposable income are widening the global meal kits market. However, surging price, quantity served in meal kits and lack of awareness among potential customers is hampering the growth of the market. Nonetheless, the growing demand for healthy food delivery at doorsteps among millennials is expected to propel the growth of the global meal kits market.

Meal Kits Market: Segmentation

The report gives an in-depth analysis of the global meal kits market, focuses on market opportunities and trends. Additionally, the report has a comprehensive review of the key players in the global meal kits market. Based on type the market is further segmented into cuisine meal kits, health-conscious meal kits, omnivore meal kits, and other types. A new Chicago startup is hoping to break into the meal delivery space with a service that brings authentic Indian cuisines straight to the customer's door. The cumin club offers cuisines from Chennai, Punjab, Hyderabad, Delhi, and Mumbai.

Companies such as Yumble and Nurture Life are catering to the growing demand for kid-friendly, healthy, ready-to-eat meal kits services. On the basis of serving the market is further segmented into family/four serving and other serving. The gluten-free diet has become one of the most popular diet trends followed in the U.S. Walmart recently announced that they too will offer branded meals in the name of convenience and health. Walmart will sell global meal kits through Walmart's e-commerce site.

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Meal Kits Industry: Competitive Landscape

Key players in the market are Sun Basket, Terra's Kitschen, Purple Carrot, Green Chef corporation, Gousto Koninklijke Ahold N.V, Gobble Inc, PeachDish, HelloFresh SE and plated. Major companies are acquiring startups companies and signing up the partnership deals to increase their market. Kroger and Home Chef have expanded nationwide retail rollout and launched customizable meal kits feature for online orders in February 2019.

North America is Ruling the Meal Kits Market Over the Forecast Period

North America is ruling the meal kits market over the forecast period. The Berlin-based HelloFresh's acquisition of organic meal-kits startup Green Chef pushed it past the home-grown Blue Apron. Additionally, the presence of a large number of millennial consumers is driving the growth of the market. Europe is the second-largest market of the meal-kits market, owing to the birthplace of the meal kits market concept.

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Reasons to Buy this Report:

=> Comprehensive analysis of global as well as regional markets of the meal kits.

=> Complete coverage of all the product type and application segments to analyze the trends, developments, and forecast of market size up to 2025.

=> Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.  

=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.