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Global meal kit service market revenue 2017 to 2025

The revenue of the meal kit service market (fresh and packaged food) is forecast to grow to around 7.63 billion U.S. dollars by 2025. This is an expected three-fold increase in revenue since 2017.

How does a meal kit service work?

It is a subscription-based service which delivers customers fresh ingredients direct to their homes. The ingredients are pre-portioned, and therefore just need to be combined and cooked before serving. The service is marketed as a time-saving solution for busy workers and parents who still want to cook fresh homecooked meals during the week.

Leading meal kit companies

HelloFresh and Blue Apron are two of the leading meal kit companies worldwide, according to their number of active subscribers. HelloFresh was founded in 2011 in Berlin and has, since then, expanded into ten more countries. Their worldwide revenue reached approximately 1.3 billion Euros in 2018. Blue Apron is an American meal kit business, founded in New York in 2012, and their net revenue reached 667.6 million U.S. dollars in 2018.

Size of the fresh and packaged food meal kit service market worldwide from 2017 to 2025

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Sources

Release date

November 2019

Region

Worldwide

Survey time period

2019

Supplementary notes

*Calculated by Statista using data from the source with a CAGR of 17.15%.

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Statistics on "Online meal kit delivery services in the U.S."

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