COVID-19 Impacts: Meal Kit Delivery Services Market Will Accelerate at a CAGR of Over 18% Through 2020-2024 | Growing Use of Advanced Analytics Tools to Boost Growth | Technavio
Technavio has been monitoring the meal kit delivery services market and it is poised to grow by USD 15.93 billion during 2020-2024, progressing at a CAGR of over 18% 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.
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Technavio has announced its latest market research report titled Global Meal Kit Delivery Services Market 2020-2024 (Graphic: Business Wire)
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Free Sample Report on COVID-19 Impact
Frequently Asked Questions-
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Albertsons Companies Inc., Blue Apron Holdings Inc., Fresh Direct LLC, HelloFresh SE, Mindful Chef Ltd., Relish Labs LLC, SCA Investments Ltd., SunBasket Inc., Three Limes Inc., and Tyson Foods Inc. 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.
The growing use of advanced analytics tools has been instrumental in driving the growth of the market.
Meal Kit Delivery Services Market 2020-2024: Segmentation
Meal Kit Delivery Services Market is segmented as below:
Meal Kit Delivery Services 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 kit delivery services market report covers the following areas:
This study identifies customer demand for convenient options with lifestyle changes as one of the prime reasons driving the meal kit delivery services market growth during the next few years.
Meal Kit Delivery Services Market 2020-2024: Vendor Analysis
We provide a detailed analysis of vendors operating in the meal kit delivery services market, including some of the vendors such as Albertsons Companies Inc., Blue Apron Holdings Inc., Fresh Direct LLC, HelloFresh SE, Mindful Chef Ltd., Relish Labs LLC, SCA Investments Ltd., SunBasket Inc., Three Limes Inc., and Tyson Foods Inc. Backed with competitive intelligence and benchmarking, our research reports on the meal kit delivery services 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 Kit Delivery Services Market 2020-2024: Key Highlights
Table of Contents:
Five Forces Analysis
Market Segmentation by Product
Drivers, Challenges, and Trends