The Prepared Meal Delivery Global Market Report 2023 by The Business Research Company, provides prepared meal Delivery market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.
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According to The Business Research Company’s Prepared Meal Delivery Global Market Report 2023, the market size grew from $11.71 billion in 2022 to $13.32 billion in 2023 at a compound annual growth rate (CAGR) of 13.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the prepared meal delivery market is expected to grow to $22.99 billion in 2027 at a CAGR of 14.6%.
The major driving factor of the prepared meal delivery market is the preference for junk meals by the working population and students. Junk meals are pre-prepared or packaged foods that are extremely convenient and can be consumed immediately. The meal kit delivery industry has been a big success because it appeals to consumers who want to cook their own food without having to go grocery shopping.
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The prepared meal Delivery market is segmented:
1) By Supply: Cook And Eat, Heat And Eat
2) By Service: One, Several
3) By Platform: Online, Offline
Contactless delivery is the new trend gaining popularity in the prepared meal delivery market. As the COVID-19 pandemic continues to wreak havoc across the globe, social separation will remain a well-established way of life. Food outlets are embracing innovative food delivery platforms to drive seamless contactless deliveries, keeping the safety of customers and delivery personnel in mind. For example, Zomato, an India-based food delivery company, and Swiggy, an India-based food delivery company, have started contactless delivery in 2020. Domino’s Pizza, a Michigan-based pizza delivery chain, has also started a no-contact pizza delivery service in the year 2020.
The prepared meal Delivery market report table of contents includes:
1. Executive Summary
2. Prepared Meal Delivery Market Characteristics
3. Prepared Meal Delivery Market Trends And Strategies
4. Prepared Meal Delivery Market – Macro Economic Scenario
5. Prepared Meal Delivery Market Size And Growth
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26. Africa Prepared Meal Delivery Market
27. Prepared Meal Delivery Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Prepared Meal Delivery Market
29. Prepared Meal Delivery Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
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