UK Meal Kit Delivery Services Market Size & Outlook
UK meal kit delivery services market, 2017-2030 (US$M)
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UK meal kit delivery services market highlights
- The UK meal kit delivery services market generated a revenue of USD 1,152.7 million in 2023 and is expected to reach USD 2,915.9 million by 2030.
- The UK market is expected to grow at a CAGR of 14.2% 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 1,152.7 million |
| Market revenue in 2030 | USD 2,915.9 million |
| Growth rate | 14.2% (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, UK accounted for 4.4% 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 Europe, UK meal kit delivery services market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 2,915.9 million by 2030.
Cook & eat was the largest segment with a revenue share of 59.4% in 2023. Horizon Databook has segmented the UK meal kit delivery services market based on heat & eat, cook & eat covering the revenue growth of each sub-segment from 2017 to 2030.
The provision of special meal plans for the health- and fitness-conscious consumers has been driving the growth of the market in the country. The rising popularity of meal kits in the U.K. has been attracting investors to finance numerous startup companies.
For instance, in April 2020, Gousto, a U.K.-based meal kit company, raised USD 41 million in funding for the development of its AI technology. Similarly, in 2019, Mindful Chef received USD 7.7 million from Piper, a private equity firm. Such investments will help firms serve their consumers better.
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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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UK meal kit delivery services market size, by offering, 2017-2030 (US$M)
UK Meal Kit Delivery Services Market Outlook Share, 2023 & 2030 (US$M)
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