Meal Kit Delivery Services Market & Global Industry Forecast Report, 2021-2028

Meal Kit Delivery Services Market & Global Industry Forecast Report, 2021-2028

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Global Meal Kit Delivery Services Market
The Meal Kit Delivery Services Market size is anticipated to expand at a rate of 13.0% over the analysis period. The increasing inclination towards homemade meals among younger generations and the growing emphasis on a nutritious diet has stimulated market growth.

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Meal Kit Delivery Services Market Dynamics
Meal kit services offer diet plans that seep foods that don't fit in different diets, such as gluten-free, paleo, diabetes-friendly, gluten-free, and ketogenic diets. The meal kit delivery services help to keep track of what to eat. Thus, the rising health awareness among individuals and the growing demand for healthy foods has raised the market growth. Moreover, the evolution of the coronavirus pandemic has fuelled market growth. This is because of the temporary halt of various hotels enforced by the government constraints. Also, the online platforms offer doorstep services to cater to the demand for meals during the pandemic. The cafes, hotels, and restaurants were closed due to the COVID-19 crisis, which raised the market growth. Besides this, the increasing emphasis of individuals towards a healthy diet to improve their immunity has created a massive demand for meal kit delivery services, thereby fuelling the market growth. However, the individual labeling and packaging of food ingredients have resulted in many packaging wastes, thus hindering market growth. Also, the delivery cost of meal kits is more than the restaurants due to huge delivery charges, which may obstruct the market growth.

Distribution Channel Segment Drivers
Based on the distribution channel, the online segment is anticipated to capture the most significant share in the global meal kit delivery service market over the coming years. This is attributed to the aggravating demand for online food orders at the time of the pandemic. Also, governments across various nations have confined travel and enforced constraints on restaurants and hotels, which has generated huge demand for the online channel.  

About GMI Research

GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.

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