Asia Pacific Meal Kit Delivery Services Market Size & Outlook
Asia Pacific meal kit delivery services market, 2017-2030 (US$M)
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Asia Pacific meal kit delivery services market highlights
- The Asia Pacific meal kit delivery services market generated a revenue of USD 5,231.9 million in 2023.
- The market is expected to grow at a CAGR of 15% from 2024 to 2030.
- In terms of segment, cook & eat was the largest revenue generating offering in 2023.
- Heat & Eat is the most lucrative offering segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 5,231.9 million |
| Market revenue in 2030 | USD 13,913.5 million |
| Growth rate | 15% (CAGR from 2023 to 2030) |
| Largest segment | Cook & eat |
| Fastest growing segment | Heat & Eat |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Heat & Eat, Cook & Eat |
| Key market players worldwide | Nestle SA, HelloFresh SE Bearer Shares, Blue Apron, SunBasket, Home Chef, Gobble, Marley Spoon, The Purple Carrot, Fresh n' Lean, Hungryroot |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 19.9% of the global meal kit delivery services market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 13,913.5 million by 2030.
Cook & eat was the largest segment with a revenue share of 60.77% in 2023. Horizon Databook has segmented the Asia Pacific meal kit delivery services market based on heat & eat, cook & eat covering the revenue growth of each sub-segment from 2017 to 2030.
The market is expected to witness incredible growth in the region due to the convenience and freshness of the product. The increasing number of time-poor consumers in the region has been propelling the demand for the service. China, Japan, and South Korea are the key markets of the region.
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Meal Kit Delivery Services Market Scope
Meal Kit Delivery Services Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific meal kit delivery services market size, by country, 2017-2030 (US$M)
Asia Pacific Meal Kit Delivery Services Market Outlook Share, 2023 & 2030 (US$M)
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