Canada Meal Kit Delivery Services Market Size & Outlook
Canada meal kit delivery services market, 2017-2030 (US$M)
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Canada meal kit delivery services market highlights
- The Canada meal kit delivery services market generated a revenue of USD 1,120.4 million in 2023 and is expected to reach USD 3,256.1 million by 2030.
- The Canada market is expected to grow at a CAGR of 16.5% 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.
Meal kit delivery services market data book summary
| Market revenue in 2023 | USD 1,120.4 million |
| Market revenue in 2030 | USD 3,256.1 million |
| Growth rate | 16.5% (CAGR from 2023 to 2030) |
| Largest segment | Cook & eat |
| Fastest growing segment | Heat & Eat |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Canada accounted for 4.3% of the global meal kit delivery services market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. meal kit delivery services market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 3,256.1 million by 2030.
Cook & eat was the largest segment with a revenue share of 58.6% in 2023. Horizon Databook has segmented the Canada meal kit delivery services market based on heat & eat, cook & eat covering the revenue growth of each sub-segment from 2017 to 2030.
The foodservice industry in Canada has been witnessing considerable growth in the recent past. An increasing number of consumers in the country purchase meal kits to save time and effort. Meal kits have become a healthier and inexpensive alternative to pre-cooked food items available in retail stores or restaurants.
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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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Canada meal kit delivery services market size, by offering, 2017-2030 (US$M)
Canada Meal Kit Delivery Services Market Outlook Share, 2023 & 2030 (US$M)
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