US Meal Kit Market: 2018-2025 Key Industry Insights, Segments, Opportunities, and Forecasts - PowerPoint PPT Presentation

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US Meal Kit Market: 2018-2025 Key Industry Insights, Segments, Opportunities, and Forecasts

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US Meal Kit Market Size is estimated to reach USD 14.20 billion by 2025 growing at an aggressive 26.3% CAGR during the forecast period. The South zone dominated the overall US meal kit market share by occupying 34.1% share in 2017. – PowerPoint PPT presentation

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Title: US Meal Kit Market: 2018-2025 Key Industry Insights, Segments, Opportunities, and Forecasts


1
US Meal Kit Market Size
  • by Plan (2-Person Plan, Family Plan) by Region
    (South, West, Northeast, Midwest) and Forecast
    2018 to 2025

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2
Blue Apron and Hello Fresh are Leading the Way in
US Meal Kit Market
  • Adroit Market Research launched a study titled,
    US Meal Kit Market Size 2017 By Plan (2-Person
    Plan, Family Plan), By Region (South, West,
    Northeast, Midwest) and Forecast 2018 to 2025.
    The study covers the US meal kit market value for
    a period ranging in between 2015 to 2025, where
    2015 to 2017 imply the historical value with
    forecast between 2018 and 2025. The US meal kit
    market report also includes company profiles and
    qualitative insights of the market such as value
    chain, mergers and acquisitions, restrains and
    drivers.
  • The US meal kit market size is projected to reach
    USD 14.20 billion by 2025 growing at an
    aggressive CAGR during the forecast period. The
    factors such as entry of new meal kit delivery
    services, increase in customer base, easy
    availability of all the ingredients and recipe of
    how to make the food are driving the market
    further. Moreover, meal kits are offering
    customers easy and convenient way of cooking food
    in less time due to which the demand for it is
    further increasing.
  • As the US meal kit market share is growing many
    new players are entering into the market. In
    March 2018, Walmart announced it will expand its
    meal kits availability to 2000 more stores with
    existing 250 stores giving a tough competition to
    Blue Apron and Hello Fresh. Additionally the
    companies are getting funds from the venture
    capitals to grow their meal kit business which is
    again boosting the market further. For instance,
    in the year 2016, US meal kit deliver services
    has raised more than USD 650 million through
    venture capital funding. Further, Blue Apron has
    raised USD 193 million in equity funding.
  • Browse the complete report on _at_
    https//www.adroitmarketresearch.com/industry-repo
    rts/us-meal-kit-market

3
Blue Apron and Hello Fresh are Leading the Way in
US Meal Kit Market
  • The South zone dominated the overall US meal kit
    market share by occupying 34.1 share in 2017. As
    this region has major population and highest
    number of states including Florida, Washington
    D.C., Texas, Georgia, Delaware and others. As a
    strategic step the companies has majorly invested
    in this region for marketing and advertisement
    purposes to capture more and more customers.
  • For instance, in the year 2017, Blue Apron has
    reinvested its 18 of net revenue from 2016 for
    marketing and advertisement purposes in order to
    increase their customer base. The company has
    witnessed a growth rate of 66.5 in two years,
    from 1.3 million customers in 2015 to 3.6 million
    customers in 2017.
  • As of 2017, The US meal kit market share is
    occupied by top five players that includes Blue
    Apron, HelloFresh, Home Chef, Sun Basket, and
    Plated. However, as the industry witnessed an
    exponential growth in recent years many domestic
    and big players including Walmart and AmzonFresh
    entered into the market. At present there are
    more than 150 players in the US meal kit market
    due to which it has become more competitive and
    companies are coming up with different strategies
    to sustain in the coming years.
  • For instance, in July 2017, Amazon acquired Whole
    Foods and started selling meal kit packages
    throughout the US via AmazonFresh website. As
    Whole Foods is a brick and mortar, it found
    Amazon as a medium to expand its reach and
    presence into the US meal kit market.
  • The top players in the US meal kit market are
    Blue Apron, HelloFresh, Home Chef, Sun Basket,
    Plated, AmazonFresh, Veestro, Green Chef,
    PeachDish and Gobble Inc.

4
Key segments of the US meal kit market
  • Plan Overview, 2015-2025 (USD million)
  • 2-Person Plan
  • Family Plan
  • Regional Overview, 2015-2025 (USD million)
  • South
  • West
  • Northeast
  • Midwest
  • Purchase a single user copy of the US meal kit
    market report _at_ https//www.adroitmarketresearch.c
    om/researchreport/purchase/420

5
About Us
  • Adroit Market Research is an India-based business
    analytics and consulting company. Our target
    audience is a wide range of corporations,
    manufacturing companies, product/technology
    development institutions and industry
    associations that require understanding of a
    markets size, key trends, participants and
    future outlook of an industry. We intend to
    become our clients knowledge partner and provide
    them with valuable market insights to help create
    opportunities that increase their revenues. We
    follow a code Explore, Learn and Transform. At
    our core, we are curious people who love to
    identify and understand industry patterns, create
    an insightful study around our findings and churn
    out money-making roadmaps. Our analysts have
    tracked high growth markets in chemicals
    materials, healthcare pharmaceuticals,
    semiconductor electronics, energy power, food
    retail, consumer goods, technology, and
    machinery equipment sectors across the world to
    identify new opportunities, potential customers,
    prepare go-to-market (GTM) strategies, identify
    segments for revenue growth for companies, and
    many more.
  • US Headquarters3131 McKinney Ave Ste 600
    Dallas, TX 75204 ,U.S.A 
  • Phone 1 (214) 884-6068
  • Email sales_at_adroitmarketresearch.com
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