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The global prepared meals market size is projected to grow from $190.71 billion in 2025 to $291.27 billion by 2032, a CAGR of 6.24% during the forecast period
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Global Ready Meals market size is expected to reach $299.71 billion by 2029 at 10.5%, segmented as by product, frozen, chilled, canned, dried
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According to Cognitive Market Research, the global Ready Meal market size will be USD 171245.6 million in 2024. It will expand at a compound annual growth rate (CAGR) of 7.90% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 68498.24 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.1% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 51373.68 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD39386.49 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.9% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 8562.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.3% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 3424.91 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.6% from 2024 to 2031.
The Food Services category is the fastest growing segment of the Ready Meal industry
Market Dynamics of Ready Meal Market
Key Drivers for Ready Meal Market
Increasing Demand For Convenient And Quick Meal Options Due To Busy Lifestyles To Boost Market Growth
The growing need for convenient and fast meal solutions is significantly driving the Ready Meal Market. As people's lives become busier with demanding work schedules and other commitments, the preference for ready-to-eat meals is rising. These meals offer the advantage of saving time and effort while providing a variety of food options. The convenience of not requiring extensive cooking or preparation makes them a popular choice among urban populations. Additionally, advancements in packaging and preservation techniques ensure the freshness and quality of ready meals, further attracting consumers. This shift toward hassle-free meal options is a key factor boosting the growth of the Ready Meal Market globally. For instance, in October 2024, Swiggy has launched a new 10-minute food delivery service called Bolt, operational in major cities including Bengaluru, Chennai, Hyderabad, New Delhi, Mumbai, and Pune. This service focuses on quick-to-prepare meals from over 2,700 partnered restaurants, offering popular items like burgers, breakfast dishes, and snacks within a 2-kilometer radius. With the aim of enhancing customer convenience, Bolt is designed to meet the growing demand for instant food delivery while ensuring quality and freshness.
Growth In The Working Population And Urbanization Driving Ready Meal Consumption Drive Market Growth
The increasing working population and rapid urbanization are major factors driving the growth of the Ready Meal Market. As more people move to cities and adopt fast-paced lifestyles, the demand for convenient meal solutions has surged. Ready meals provide a quick and hassle-free option for individuals with limited time for cooking due to work commitments. Urban areas, with their growing number of single households and dual-income families, are especially boosting this trend. The availability of diverse ready meal options catering to different tastes and preferences further supports their rising consumption. This shift toward easy-to-prepare food options aligns with the changing lifestyle patterns of urban and working populations, fueling the market's expansion.
Restraint Factor for the Ready Meal Market
Health Concerns Over Preservatives And Additives In Ready Meals, Will Limit Market Growth
Health concerns about the use of preservatives and additives in ready meals are restricting the growth of the Ready Meal Market. Many consumers are increasingly aware of the potential health risks associated with processed food ingredients, such as artificial preservatives, flavor enhancers, and high sodium content. This has led to skepticism about the nutritional value of ready meals, particularly among health-conscious individuals. As people prioritize healthier eating habits, they are often opting for fresh or minimally processed food alternatives over ready meals. The perception that ready meals may contribute to long-term health issues has become a significant challenge for market growth. Addressing these concerns is essential for maintaining consumer tr...
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Prepared Meal Delivery Market size is growing with a CAGR of12.0% in the prediction period and it crosses USD 27.06 Bn by 2032 from USD 12.23 Bn in 2025.
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Global Prepared Meal Delivery market size is expected to reach $13.7 billion by 2029 at 16.9%, segmented as by supply, cook and eat, heat and eat
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The global frozen ready meals market is projected to grow from USD 46.5 billion in 2025 to USD 77.5 billion by 2035, registering a CAGR of 5.3%. Market growth is driven by rising urbanization, increasing demand for convenience foods, and evolving consumer lifestyles seeking quick meal solutions.
Metric | Value |
---|---|
Industry Size (2025E) | USD 46.5 billion |
Industry Value (2035F) | USD 77.5 billion |
CAGR (2025 to 2035) | 5.3% |
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According to Cognitive Market Research, the global Meal Delivery Kit Market size will be USD 21581.6 million in 2024. It will expand at a compound annual growth rate (CAGR) of 16.0% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 8632.64 million in 2024 and will grow at a compound annual growth rate (CAGR) of 14.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 6474.48 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 4963.77 million in 2024 and will grow at a compound annual growth rate (CAGR) of 18.0% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 1079.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 15.4% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 431.63 million in 2024 and will grow at a compound annual growth rate (CAGR) of 15.7% from 2024 to 2031.
The plant-based meal kits held the highest Meal Delivery Kit Market revenue share in 2024.
Market Dynamics of Meal Delivery Kit Market
Key Drivers for Meal Delivery Kit Market
Driving Forces Behind Meal Kit Delivery Market: The global meal kit delivery services market is poised for growth as modern consumers increasingly rely on technology for food-related needs. The proliferation of food delivery apps has made quick delivery services commonplace, offering customers greater flexibility with minimal effort. Market players are enhancing services through improved customer relations, discounts, and expedited delivery. Meal kit delivery services offer personalized solutions, supplying ingredients and recipes for convenient home cooking. By 2029, over 2.56 billion people are expected to embrace food delivery options globally
Health-Conscious Appeal of Meal Kit Services: Numerous meal kit services highlight the utilization of fresh, premium ingredients and offer balanced, nourishing meal choices, catering to individuals focused on wellness. This ensures consumers enjoy adequately portioned meals with optimal nutrition. By providing pre-measured ingredients, meal kits mitigate food wastage, delivering precisely what's required for each recipe. This approach minimizes the risk of unused or spoiled ingredients in customers' kitchens. These aspects are anticipated to propel the market share of meal kit delivery services.
Restraint Factor for the Meal Delivery Kit Market
Constraints on Meal Kit Delivery Services: Despite their convenience, meal kits can constrain the spontaneity and creativity inherent in cooking. Many people relish the freedom to select recipes on a whim, experiment with available ingredients, or tailor recipes to suit personal tastes, which meal kits limit. Additionally, the convenience and pre-measured ingredients often come with a premium price tag, rendering them less accessible to certain individuals or families. These factors are expected to impede the growth of the meal kit delivery services market share
Trends for the Meal Delivery Kit Market
Rising Demand for Health-Oriented and Specialized Meal Kits: Consumers are progressively choosing meal kits that address particular dietary requirements such as keto, vegan, gluten-free, and low-calorie alternatives. This movement is driven by heightened health consciousness and the need for convenient methods to achieve personalized nutrition objectives. Numerous companies are now providing customizable kits featuring fresh, organic, and locally sourced ingredients, accompanied by comprehensive nutritional details. The attraction of well-balanced, chef-curated meals that resonate with wellness lifestyles is broadening the customer demographic beyond merely busy professionals to include fitness enthusiasts and families.
Growing Adoption of Eco-Conscious and Sustainable Packaging: As sustainability emerges as a significant concern for consumers, meal kit providers are concentrating on minimizing environmental impact through recyclable, compostable, and reduced packaging. Many brands are also collaborating with local farms to decrease carbon emissions associated with transportation. This environmentally friendly strategy not only improves brand percepti...
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The global packaged food market size reached USD 2,618.2 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 4,709.0 Billion by 2033, exhibiting a growth rate (CAGR) of 6.68% during 2025-2033. The significant expansion in the e-commerce and online shopping industry, the extensive development in food packaging technology, and the implementation of stringent regulations due to the growing focus on food safety standards are some of the major factors propelling the market.
Report Attribute
|
Key Statistics
|
---|---|
Base Year
| 2024 |
Forecast Years
|
2025-2033
|
Historical Years
|
2019-2024
|
Market Size in 2024 | USD 2,618.2 Billion |
Market Forecast in 2033 | USD 4,709.0 Billion |
Market Growth Rate 2025-2033 | 6.68% |
IMARC Group provides an analysis of the key trends in each segment of the global packaged food market report, along with forecasts at the global, regional, and country levels for 2025-2033. Our report has categorized the market based on product type and distribution channel.
The size of the global frozen foods market is expected to increase by over ** percent from 2018 to 2026. In 2018, the market was valued at ***** billion U.S. dollars. By 2026, the market for frozen food is forecast to grow to ***** billion dollars.
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Ready To Eat Meals Market size was valued at USD 472.23 Billion in 2023 and is estimated to reach USD 802.69 Billion by 2031, growing at a CAGR of 6.9% from 2024 to 2031.
Global Ready To Eat Meals Market Drivers
The market drivers for the Ready To Eat Meals Market can be influenced by various factors. These may include:
Busy Lives: As cities become more populated and people have busier schedules, they are looking for quick and easy dinner options.
Shifting Customer Tastes: The demand for RTE meals is driven by a growing preference for quick and simple to prepare food options.
Global Ready To Eat Meals Market Restraints
Several factors can act as restraints or challenges for the Ready To Eat Meals Market. These may include:
Health Concerns: As people's knowledge of nutrition and health improves, it may discourage them from selecting packaged and processed foods that are heavy in sodium, preservatives, or other unhealthy elements.
High Costs: RTE meals may not be as appealing to consumers on a tight budget as traditional cooking options because they can be more expensive
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The global frozen ready meals market size was valued at approximately USD 36 billion in 2023 and is projected to reach USD 60 billion by 2032, growing at a compound annual growth rate (CAGR) of 5.8% during the forecast period. This market is driven by changing consumer lifestyles, increasing demand for convenience foods, and advancements in food preservation technologies. The rise in the working population and their preference for quick and easy meal solutions has significantly contributed to the market's growth trajectory.
One of the primary growth factors for the frozen ready meals market is the increasing pace of urbanization and the consequent shift in consumer dietary patterns. Urban dwellers, who often lead fast-paced lives, have shown a growing preference for ready-to-eat meals that require minimal preparation time. This shift is supported by the proliferation of dual-income households where both partners work, leaving less time for traditional meal preparation. Consequently, there is a growing reliance on convenient food options like frozen ready meals, which offer both variety and nutritional value.
Additionally, advancements in food technology have played a crucial role in propelling the frozen ready meals market. Improved freezing techniques and better packaging methods have extended the shelf life of these meals while preserving their nutritional content and taste. Innovations in food processing have also enabled the introduction of a wider variety of ready meals, catering to diverse dietary preferences and restrictions. For instance, gluten-free, vegan, and organic frozen ready meals are now readily available, thus broadening the market's consumer base.
Health and wellness trends have also significantly influenced the market's growth. With an increasing awareness of health and nutrition, consumers are seeking ready meals that are not only convenient but also healthy. Manufacturers have responded by offering frozen ready meals that are low in calories, high in protein, and free from harmful additives and preservatives. This alignment with consumer health trends has made frozen ready meals a preferred choice for health-conscious individuals, further driving market growth.
Frozen Sandwiches have emerged as a popular category within the frozen ready meals market, appealing to consumers seeking quick and convenient meal options. These sandwiches offer a perfect blend of taste and convenience, making them an ideal choice for busy individuals and families. With a variety of fillings and bread types, frozen sandwiches cater to diverse taste preferences, from classic ham and cheese to more adventurous options like spicy chicken or vegetarian delights. The ease of preparation, often requiring just a few minutes in the microwave or oven, adds to their appeal. As consumers continue to seek out time-saving meal solutions, the demand for frozen sandwiches is expected to grow, contributing to the overall expansion of the frozen ready meals market.
Regional outlook indicates a diverse growth pattern across different geographies. North America and Europe are expected to dominate the market due to higher disposable incomes, a larger working population, and greater acceptance of frozen foods. The Asia Pacific region, however, is projected to witness the highest CAGR during the forecast period, driven by rapid urbanization, increasing middle-class population, and changing food consumption habits. Emerging markets in Latin America and the Middle East & Africa are also poised for growth as western lifestyles and eating habits become more prevalent in these regions.
The frozen ready meals market is segmented into various product types including vegetarian meals, non-vegetarian meals, vegan meals, gluten-free meals, and others. Each of these product types caters to a specific consumer niche, thereby expanding the market's overall reach. Vegetarian meals have gained substantial popularity due to the rising number of individuals adopting vegetarian diets for health, ethical, or environmental reasons. These meals often include a variety of vegetables, legumes, and grains that are rich in essential nutrients, making them a balanced and wholesome option.
Non-vegetarian meals continue to hold a significant share of the frozen ready meals market. These meals typically include poultry, beef, pork, or seafood as primary ingredients. The deman
Frozen Ready Meals Market Size 2025-2029
The frozen ready meals market size is forecast to increase by USD 66.3 billion at a CAGR of 11% between 2024 and 2029.
The market In the global food industry is witnessing significant growth due to several key factors. New product launches, featuring innovative flavors and personalized nutrition, are driving market expansion. Consumers' increasing preference for convenient and nutritious meal options, particularly In the context of busy lifestyles, is another major growth driver. The popularity of private-label frozen meals, offering competitive pricing and quality, is also contributing to market growth. However, challenges remain, including the complexities of warehousing and logistics for frozen foods, which require cold storage facilities and efficient transportation methods. Key product categories, such as frozen pizza, meat dishes, dumplings, and snacks, continue to dominate the market.
Trends in packaging, such as microwavable and vacuum-sealed containers, enhance the convenience and shelf life of these meals. The market is further expected to be influenced by emerging trends, such as the use of plant-based proteins and the integration of technology for improved cold chain management and personalized nutrition.
What will be the Size of the Frozen Ready Meals Market During the Forecast Period?
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The market is experiencing significant growth due to the increasing demand for convenient, healthy, and personalized meal options. Consumers are prioritizing healthy eating habits and seeking out balanced, diet-friendly meals that cater to various dietary restrictions, including nut-free, gluten-free, vegan, vegetarian, and low-carb options. The market also caters to busy individuals and families with meal prep services, food subscription boxes, and microwaveable meals. Additionally, there is a growing focus on ethical food sourcing, sustainable packaging, and reducing food waste. Nutritional considerations, including the inclusion of vitamins, minerals, and lean proteins, are also important factors influencing consumer choices. Online grocery sales are increasingly driving the growth of the market in North America, with beef, chicken, and fish-based meals being particularly popular. Healthy snacks and balanced meals are also popular choices for those following a healthy lifestyle or managing their weight. Overall, the market is expected to continue expanding as consumers seek out convenient, nutritious, and sustainable meal solutions.
How is this Frozen Ready Meals Industry segmented and which is the largest segment?
The frozen ready meals industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
Product
Frozen entree
Frozen pizza
Others
Geography
Europe
Germany
UK
France
North America
Canada
US
APAC
China
India
Japan
South America
Brazil
Middle East and Africa
By Product Insights
The frozen entree segment is estimated to witness significant growth during the forecast period.
This segment encompasses single-serve dinners/entrees, handheld entrees, and multi-serve dinners/entrees. Frozen entrees provide a vast array of cuisines and dietary choices, including vegetarian, vegan, lean cuisine, and plant-based meals, aligning with health-conscious consumers' preferences. Online grocery stores, such as e-commerce platforms and independent retailers, facilitate the purchasing of these convenient meals, offering recipe suggestions, dietary information, and portion control.
Frozen entrees come in various packaging options, including recyclable, biodegradable, and eco-conscious materials, addressing environmental demands. Key players are also focusing on sustainability, with initiatives like QR codes for nutritional information and microwave-safe, single-serve containers for convenience. The market is expected to continue growing, catering to the busy lifestyles and dietary requirements of the working population, offering low-calorie, high-protein, and fiber-rich meals, as well as meals for specific dietary needs, such as omega-3 fatty acids, minerals, vitamins, and allergen-free options.
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The Frozen entree segment was valued at USD 26.30 billion in 2019 and showed a gradual increase during the forecast period.
Regional Analysis
Europe is estimated to contribute 74% to the growth of the global market during the forecast period.
Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
For more insights on the market size of various regions, Request Fre
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The Ready Meals Market Report Segments the Industry Into Product Type (Frozen Ready Meals, Chilled Ready Meals, and More), Ingredient (Conventional and Free-From), Category (Vegetarian and Non-Vegetarian), Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, and More), and Geography (North America, Europe, Asia-Pacific, and More). The Market Forecasts are Provided in Terms of Value (USD).
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The global prepared food market is experiencing robust growth, driven by several key factors. The increasing prevalence of busy lifestyles and dual-income households is fueling demand for convenient and readily available meal options. Consumers are increasingly prioritizing time-saving solutions, leading to a surge in the consumption of ready-to-eat and ready-to-heat prepared meals. Furthermore, the rising popularity of online grocery shopping and food delivery services has significantly broadened access to a wider variety of prepared food options, contributing to market expansion. Technological advancements in food processing and preservation techniques have also played a vital role, enabling manufacturers to enhance product quality, shelf life, and nutritional value, further stimulating market growth. The market segmentation by application (online vs. offline sales) and type (bagged vs. boxed) reflects evolving consumer preferences and purchasing behaviors. While offline sales remain dominant, online channels are witnessing exponential growth, particularly among younger demographics. Similarly, bagged prepared foods hold a larger market share currently but boxed options are gaining traction due to factors like improved packaging and perceived higher quality. Geographic variations exist, with North America and Europe currently leading the market, but Asia-Pacific presents significant growth potential due to rising disposable incomes and changing dietary habits. Competitive intensity is high, with both established multinational corporations and regional players vying for market share. Future growth will likely be influenced by factors such as ingredient sourcing, sustainability concerns, and the ongoing evolution of consumer preferences regarding health and wellness. The forecast period of 2025-2033 is projected to witness sustained growth in the prepared food market, fueled by ongoing trends such as the expanding foodservice industry, increasing demand for ethnic and globally-inspired cuisines, and innovative product development focusing on health-conscious and specialized dietary needs. The market's future trajectory will also be significantly influenced by supply chain dynamics, economic fluctuations, and regulatory changes related to food safety and labeling. The competitive landscape is expected to become even more dynamic, with mergers, acquisitions, and strategic partnerships among players driving further consolidation. Successful players will be those who can effectively adapt to changing consumer demands, leverage technology for enhanced efficiency and traceability, and maintain a strong focus on sustainability and ethical sourcing practices. Competitive pricing strategies, efficient distribution networks, and strong branding will also be crucial factors for market success.
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The global ready meals market was valued at USD 143.94 billion in 2021 and is expected to grow at a CAGR of 5.0% during the forecast period.
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The global market size for the Prepared Meal Delivery Service was valued at approximately USD 10.29 billion in 2023 and is expected to reach around USD 27.62 billion by 2032, with an impressive compound annual growth rate (CAGR) of 11.5%. This surge in market growth is driven by several factors, including changing consumer lifestyles, increasing health consciousness, and the convenience of having freshly prepared meals delivered to one's doorstep.
One of the primary growth factors for the prepared meal delivery service market is the growing demand for convenience among consumers. In today's fast-paced world, many individuals find it challenging to prepare healthy and nutritious meals due to time constraints. The convenience of having ready-to-eat meals delivered directly to their homes or workplaces addresses this need, making it an attractive option for busy professionals, families, and even the elderly. Additionally, the COVID-19 pandemic has accelerated the adoption of meal delivery services, as more people seek safer dining options and prefer to stay at home.
Another significant growth driver is the increasing awareness of health and wellness. Consumers are becoming more conscious of their dietary choices and are seeking options that align with their health goals. Prepared meal delivery services cater to this demand by offering a wide variety of meal plans, including vegan, vegetarian, gluten-free, keto, and paleo options. These services often collaborate with nutritionists and dietitians to create balanced and nutritious meal plans, thereby attracting health-conscious individuals who are willing to pay a premium for quality meals.
The digital transformation and advancements in technology have also played a crucial role in propelling the market forward. Online ordering platforms and mobile applications have made it extremely convenient for consumers to browse menus, customize their orders, and schedule deliveries at their convenience. Additionally, the integration of AI and data analytics allows meal delivery services to offer personalized recommendations based on individual preferences and dietary needs, enhancing customer satisfaction and loyalty.
The rise of Meal Kit Delivery has significantly contributed to the growth of the prepared meal delivery service market. Unlike traditional meal delivery services, meal kits provide consumers with pre-portioned ingredients and recipes, allowing them to enjoy the experience of cooking without the hassle of meal planning and grocery shopping. This model appeals to a wide range of consumers, from busy professionals looking for convenient meal solutions to culinary enthusiasts eager to try new recipes. The flexibility and variety offered by meal kit delivery services have made them a popular choice, further driving market expansion.
When examining the regional outlook, North America is currently the largest market for prepared meal delivery services, driven by a high level of disposable income, a fast-paced lifestyle, and a strong preference for convenience among consumers. Europe follows closely, with significant growth observed in countries like the UK, Germany, and France. Asia Pacific is expected to be the fastest-growing region during the forecast period, owing to rising urbanization, increasing disposable incomes, and a growing awareness of health and wellness. Latin America and the Middle East & Africa also show promising growth potential, driven by similar factors.
The meal type segment of the prepared meal delivery service market encompasses various categories, including Vegan, Vegetarian, Non-Vegetarian, Gluten-Free, Keto, Paleo, and Others. Each of these meal types caters to specific dietary preferences and needs, making the market diverse and highly customizable. The Vegan and Vegetarian segments have seen substantial growth, driven by a rising number of consumers adopting plant-based diets for health, environmental, and ethical reasons. Companies offering vegan and vegetarian meal plans are focusing on innovative recipes and high-quality ingredients to attract and retain customers.
The Non-Vegetarian segment continues to hold a significant share of the market, as a large portion of the population prefers meat-based meals. However, there's a growing trend towards healthier and ethically sourced meat options. Meal delivery services are responding to this demand by offeri
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According to Cognitive Market Research, the market for meal kit services is expected to reach USD 251 billion globally in 2022 and will grow at a compound annual growth rate (CAGR) of 15.50% from 2023 to 2030. How is Market for Meal Kit Services Impacted by Main Drivers?
Cost-Effective Solutions and Availability of Diverse Choices to Provide Viable Market Output
Meal kits increase convenience because customers do not need to make grocery plans, reducing the time needed to prepare food. Additionally, it encourages customers to experiment with unfamiliar items and cooking methods. Vendors ensure that the meal kit delivered to customers features simple-to-follow instructions, culinary advice, and the precise component amounts needed to produce the meal in a handy, pre-packaged box. Furthermore, vendors ensure that the goods offered to customers are fresh and sufficient to complete the meal. Vendors are offering subscription choices so that customers can sign up for a subscription and specify their dietary requirements as more and more consumers choose a speedier way of life.
While Blue Apron only operates in the US, HelloFresh's global presence undoubtedly helped them gain market share and a sizable client base. HelloFresh today boasts more than seven million users worldwide, up from roughly 170,000 in 2014, and annual global revenues of six billion euros. In the fourth quarter of 2020, the company fulfilled more than 20 million orders globally for the first time.
(Source:www.statista.com/topics/3336/online-meal-kit-delivery-services-in-the-us/#topicOverview)
Increasing dependence on technology for food-related services will drive the market growth rate
The Factors are Limiting Market for Meal Kit Services' Growth
Preference for Home-Cooked Food to Impede Market Growth
Health-conscious consumers increasingly favor home-cooked meals over those from food service delivery services, including meal kits. Food prepared at home is nutritiously dense, fresh, and hygienic. As a result, more people choose to eat at home more frequently. Food prepared at home is less expensive than food purchased outside, particularly meals made with meal kits. Additionally, advantages including portion control, hygiene, food safety, improved allergy management, cost advantages, and maximal nutrition encourage people to choose home-cooked food. Such cooking shows are likelier to attract viewers who attempt to recreate the recipes at home. This is a contributing element to the growing desire for food made at home, which is limiting market expansion.
Impact of COVID–19 on the Meal Kit Services Market
Due to the COVID-19 epidemic, virtually all restaurants, coffee shops, and hotels worldwide were shuttered, and there was a huge chance for the industry to expand. The number of people looking for healthy and convenient meal options increased quickly due to people being more worried about their health and beginning to place greater emphasis on healthy diets to keep a healthy diet and bolster their immune systems. Even market participants have noticed a sharp rise in revenue during the pandemic. For instance, compared to 2019, Hello Fresh's income climbed by more than 100% in 2020. Introduction of Meal Kit Service
A subscription meal service known as a "meal kit" sends customers pre-portioned or partially prepared food items and recipes so they may prepare meals at home. The growing preference for cuisine made by chefs and at home among millennials is one of the major factors propelling the market's growth.
In 2021, the average weekly number of home-cooked meals stayed the same at 6.7, matching the amount from the previous year. While the number of dinners prepared at home climbed from 3.5 to 3.6, the number of lunches prepared at home declined slightly from 3.2 to 3.1.
(Source:static.cookpad.com/worldcookingindex/Cookpad_GlobalAnalysis_reportYear4.pdf)
The delivery service is particularly well-liked and widely used by Generations Y and Z. The advantages of cooked meals, which are more affordable than takeaway and home delivery services, are causing consumers to favor the product more and more.
From 2020 to 2027 the global market value for gluten free ready meals and packaged food is forecast to grow by approximately *** million U.S. dollars, ending at **** billion U.S. dollars in 2027.
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Global Ready Meals Prepared Meals market size 2025 was XX Million. Ready Meals Prepared Meals Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.
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The global packaged food market is poised for significant growth, with an expected rise from USD 4.44 trillion in 2025 to USD 6.57 trillion by 2035, driven by a steady compound annual growth rate (CAGR) of 4%.
Metric | Value |
---|---|
Industry Size (2025E) | USD 4.44 trillion |
Industry Value (2035F) | USD 6.57 trillion |
CAGR (2025 to 2035) | 4% |
Analyzing Top Countries Manufacturing, Distributing, Supplying Packaged Food
Country | CAGR (2025 to 2035) |
---|---|
USA | 4.0% |
India | 6.2% |
United Kingdom | 3.9% |
France | 3.9% |
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The global prepared meals market size is projected to grow from $190.71 billion in 2025 to $291.27 billion by 2032, a CAGR of 6.24% during the forecast period