Global Grocery market
Market development
eCommerce revenue development in the global Meal Kits market
The global Meal Kits eCommerce market is expected to increase over the next years. It is predicted to reach US$19,893.1 million by 2024 and the expected compound annual growth rate for the next four years (CAGR 2024-2028) will be 16.6%. The Meal Kits eCommerce market is a sub-market of the Food market and accounts for 6.0% within this market. Further categories within the Food market are: Baked Goods, Food Cupboard, Fresh Food, and Frozen Food.
eCommerce revenue development in the global Meal Kits market
eCommerce revenue growth in the global Meal Kits market
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth (in %) | 69.3 | 36.2 | 69.3 | 70.6 | 59.5 | 47.9 | 75.8 | 56.0 |
Market definition
Definition of the Meal Kits market within the Grocery market
Market definition: Grocery > Food > Meal Kits Meal Kits provide all the ingredients and recipes needed to prepare a complete meal. This category does not cover recipe books and ready meals. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Meal kits provide all the ingredients and recipes needed to prepare a complete meal
Out-of-scope
- Recipe books
- Ready meals
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