Is the meal kit subscription market growing?
Yes, the global meal kit subscription market is expected to grow at a 5.5% CAGR from 2024 to 2031, driven by busy lifestyles and convenience factors.
What are the key challenges facing the meal kit market?
Customer retention, high cost, packaging waste, and unappealing recipes are some of the main challenges hindering long-term market growth.
Which region dominates the meal kit subscription market?
North America and Europe currently hold the largest market share due to hectic lifestyles and disposable income.
Who are the major players in the meal kit subscription market?
Blue Apron and HelloFresh are leading players, with HelloFresh recently acquiring Green Chef for increased market share.