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Meal Kits Market is estimated to reach $8.73 billion by 2024

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Meal Kits Market is estimated to reach $8.73 billion by 2024

April 18
16:28 2019
Meal Kits Market is estimated to reach $8.73 billion by 2024

Meal Kits Market
Meal Kits Market has emerged as the fast-growing market, which is mainly driven by working class consumers who are looking for good quality food without the hassle of Planning and Shopping, is estimated to reach the $8.73 billion by 2024.

According to the report published by IndustryARC titledMeal Kits Market: by Ingredients (Non-Veg (Chicken, Beef, Fish and Others) and Veg); by Distribution Channel (Hypermarket/Supermarket, Convenience Store, Specialty Food Stores, Small Grocery Stores, Online Stores and Others) and By Geography – Forecast (2019-2024)”, the market to reach $8.73 billion by 2024

Browse 87 Market Tables, and 35 Figures spread through 188 Pages and go through an in-depth TOC on “Meal Kits Market

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View Full Table of Contents of Meal Kits Market:

https://industryarc.com/Report/17960/meal-kits-oven-ready-market.html

According to a recent study from IndustryARC, the Meal kits market is forecast to reach $8.73 billion by 2024 and is estimated to grow at a CAGR of 17.1%. The growth in the Meal kits market can be attributed to the commencement of innovating packaging, various order tracking system, and quick and easy delivery of home cooked food.

The Meal kits market is all set to exhibit robust development with the rise in subscriptions for meal kits, especially in the western countries. On-time delivery, access to the vast choice of food, home cooked and ready to eat food are the major reasons for an increase in the demand for meal kits. Furthermore, it saves the time required for meal preparation and shopping for food ingredients. Due to the introduction of innovative packaging, it became convenient for meal kits provider to deliver food without ruining its taste or texture. Other than, selling in stores, various meal kit companies have launched their own website or app to capture the major share of the Oven Ready Market.

North America is the largest market for Meal Kits globally with a revenue of $xx billion in 2017. In North America, the demand for Meal Kits has grown tremendously especially among the working class. Meal kits market has already become a fast-growing billion-dollar business even though it set foot in the U.S. approximately a little more than five years ago. North American meal kit market is highly dynamic and prone to fluctuations due to advancement in online fresh grocery shopping. People are finding online grocery shopping more convenient these days in comparison to buying meal kits. However, due to the availability of a large variety of meal choices and a highly competitive price, Oven Ready Market is still going to increase during the forecast period.

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The Major Players in this Market Include

•    Blue Apron, LLC

•    Just Add Cooking

•    HelloFresh

•    Marley Spoon Inc.

•    Relish Labs LLC. (Home Chef)

•    Gobble

Meal kits manufacturers have introduced subscription plans, enhanced menus, better packaging, and customized meal kits to gain a foothold in the emerging markets. These meal kits providers also enhance core competencies through additions to the product portfolio as well as providing cancellation facility.

Various distribution channels for the Meal Kits Market are covered in this report

•    Hypermarket/Supermarket

•    Convenience Store

•    Specialty Food Stores

•    Small Grocery Stores

•    Online Stores

•    Others

The overall market is also presented from the perspective of different geographic regions and the key countries for this industry.  The competitive landscape for each of the product types is highlighted and market players are profiled.

Read More – Food and Beverage Research Reports @ https://industryarc.com/Domain/6/food-beverages-market-research.html

What can you expect from the report?

The Meal Kits Market is Prepared with the Main Agenda to Cover the following 20 points:

1. Meal Kits Market Size by Product Categories & Application        

2. Meal Kits Market trends & Relevant Market Data

3. Manufacturer Landscape                                                         

4. Distributor Landscape                                                                

5. Pricing Analysis                                                                          

6. Top 10 End-user Analysis                                                       

7. Product Benchmarking                                                              

8. Product Developments                                                              

9. Mergers & Acquisition Analysis                                             

10. Patent Analysis

11. Meal Kits Market Demand Analysis (Revenue & Volume)

12. Country-level Analysis

13. Competitor Analysis

14. Meal Kits Market Shares Analysis

15. Value Chain Analysis

16. Supply Chain Analysis

17. Meal Kits Market Strategic Analysis

18. Meal Kits Market Current & Future Market Landscape Analysis

19. Opportunity Analysis

20. Meal Kits Market Revenue and Volume Analysis

Talk to one of our sales representative about the full report by providing your details in the below link:

https://industryarc.com/support.php?id=17960

About IndustryARC:

IndustryARC is a research and consulting firm that publishes more than 500 reports annually. We serve various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, and Life Sciences & Healthcare.

IndustryARC primarily focuses on cutting-edge technologies and newer applications of the market. Our Custom Research Services are designed to provide insights on the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed and with a variety of options.

We look forward to helping the client address its customer needs effectively; stay ahead in the market; become the top competitor, and get real-time recommendations on business strategies and deals. Contact us to find out how we can help you today.

Media Contact
Company Name: IndustryARC
Contact Person: Mr. Venkat Reddy
Email: Send Email
Phone: 1-614-588-8538 (Ext: 101)
Address:Madhapur
City: Hyderabad
Country: India
Website: http://industryarc.com/

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