Let's not completely forget that
the meal kit industry has attracted a sizeable fanbase of Millennials and Generation Z who are a perfect audience for this kind of offering.
There is strong evidence that points out that
the meal kit industry is gaining momentum.
In its last earnings call, Whole Foods Market (NASDAQ: WFM) alluded to big plans in the burgeoning
meal kit industry.
John Martin, the publisher of the Brooklyn - based company's Munchies food vertical, told Inc. on Tuesday that Vice drew some inspiration from the growing
meal kit industry, which has seen popular services like HelloFresh and Blue Apron attract large amounts of money from investors.
The meal kits industry is teaching people the value of food, nutrition and cooking in a world where we only see more marketing done for pre-made junk food.
Not exact matches
Generating a profit in the
meal -
kit industry won't be easy for the Times or anyone else.
Concerns about what Amazon.com's (amzn) pending $ 13.7 billion deal to buy grocer Whole Foods Market (wfm) could do to the
meal -
kit industry have dragged down Blue Apron shares.
The
meal -
kit industry — made up of companies that send specific recipes and corresponding ingredients directly to a consumer's door for home cooking — is becoming increasingly crowded.
The decline came as investors were concerned about its future and the impact of Amazon's planned $ 13.7 billion acquisition of supermarket chain Whole Foods Market Inc WFM.N amid a fast - expanding
meal -
kit industry.
«It makes perfect sense that as online grocery shopping grows it will drive the adoption of
meal kits,» Darren Seifer, food and beverage
industry analyst at The NPD Group, said in a statement.
In processing as well, Campbell's Soup, Unilever and many others are investing in
meal kits to explore what could become a US$ 10 billion
industry by the end of next year.
Meal kits, however, are booming, having gone from a virtually unheard - of product to a multi-billion dollar
industry in just a few short years.
What is certain is that the
meal kit delivery
industry will intersect with services provided by restaurants and grocery stores.
Packaged Facts» report,
Meal Kits Delivery Services in the U.S., 2nd Edition, points to meal kit delivery's potential to disrupt both the restaurant industry and grocery industry, precisely because of the simplicity meal kits of
Meal Kits Delivery Services in the U.S., 2nd Edition, points to meal kit delivery's potential to disrupt both the restaurant industry and grocery industry, precisely because of the simplicity meal kits of
Kits Delivery Services in the U.S., 2nd Edition, points to
meal kit delivery's potential to disrupt both the restaurant industry and grocery industry, precisely because of the simplicity meal kits of
meal kit delivery's potential to disrupt both the restaurant
industry and grocery
industry, precisely because of the simplicity
meal kits of
meal kits of
kits offer.
A Fast Casual concept in California now offers a
meal kit subscription for their customers; and the
meal kit subscription
industry is valued at about $ 1.5 billion.
Albertsons» surprise purchase of the Plated
meal kit service for $ 300m could easily trigger a run for other
industry players like Blue Apron, HelloFresh, Home Chef and more.
IFMA, in partnership with Kinetic12 and Datassential, provided its members a look at a topic buzzing within the foodservice
industry -
Meal Kits.