In-Flight Catering Services Global Market Report 2023 – By Aircraft Seating Class (Economy Class, Business Class, First Class), By Source (In-house, Outsource), By Flight Type (Full Service Carriers, Low Cost Carriers), By Food Type (Meal, Bakery and confectionery, Beverage, Other Types) – Market Size, Trends, And Global Forecast 2023-2032

In-flight entertainment and connectivity refer to the entertainment and connectivity options available to aircraft passengers during a flight. In-flight entertainment and connectivity consists of various connected multimedia content and platforms that allow passengers to watch movies, games, music, information on the travel route, on-board menus and procedural guidelines, and other informative inputs in order to upgrade the experience of passengers during a flight. The main types of in-flight entertainment and connectivity are hardware and services. The in-flight entertainment and connectivity hardware consists of different products that are necessary for in-flight connectivity, such as antennas, wireless LAN controllers, wireless access points, wireless hotspot gateways, and other entertainment and connectivity hardware. The different connectivity technologies for in-flight entertainment and connectivity include satellite technology and air-to-ground, which are used by end-users such as OEMs and aftermarket. The global in-flight entertainment and connectivity market is segmented - 1) By Type: Hardware, Service 2) By Connectivity Technology: Satellite Technology, Air-To-Ground 3) By End-User: OEM, Aftermarket The global in-flight entertainment and connectivity market size will grow from $4.04 billion in 2022 to $4.37 billion in 2023 at a compound annual growth rate (CAGR) of 8.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the in-flight entertainment and connectivity is expected to grow to $5.91 billion in 2027 at a CAGR of 7.8%. The growth in the number of airline passengers has been a major driving force for the in-flight entertainment and connectivity market. The increase in the number of passengers has led to an increase in demand for various inflight entertainment services, such as video streaming, text messaging, gaming, and internet browsing. For instance, according to the International Civil Aviation Organization (ICAO), the global number of airline passengers is expected to reach 10.5 billion by the year 2040. Also, according to the Boeing 2020–2039 commercial market outlook, India's domestic air passenger market is expected to double its size by 2030, from the pre-pandemic levels. Therefore, the growth in the number of airline passengers is driving the in-flight entertainment and connectivity market growth. Major players in the market are Global Eagle Entertainment Inc., (Gee), Gogo Inc., Honeywell International Inc., Panasonic Corporation, Thales Group, Viasat, Inc., Kontron S&T AG, Burrana Inc., Safran SA, Inmarsat Global Limited, Stellar Entertainment Group, Thinkom Solutions, Inc., Sita (Onair), Astronics Corporation, Cobham Limited (Advent International), The Boeing Company, FDS Avionics Corp, and Thinkom Solutions Inc. Technological advancements are a key trend gaining popularity in the in-flight entertainment and connectivity market. Companies in the market are focusing on developing advanced entertainment modules that are efficient and lighter. For instance, in June 2021, Thales, a France-based aerospace company, launched AVANT UP, which is an in-flight entertainment system offering a higher picture resolution with a 50% increase in reliability and a 30% decrease in weight. The new system has a dynamic power supply, can offer higher personalization, and can assist in airline revenue generation capabilities. In December 2021, Intelsat, a European-based satellite services company, acquired the commercial aviation business of Gogo for a deal amount of $400 million. Through this acquisition, Intelsat is expected to pair its global satellite and ground network with Gogo’s installed base of 3,000 commercial aircraft. Combining Intelsat's next-generation global telecommunications network with Gogo Commercial Aviation's leading capabilities and airline relationships will result in greater innovation in inflight digital connectivity. Gogo Inc., is a US-based inflight internet communication and entertainment provider. North America was the largest region in the in-flight connectivity and entertainment market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the in-flight entertainment and connectivity report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the In-flight entertainment and connectivity market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The in-flight entertainment and connectivity market includes revenues earned by entities by offering movies, music, TV shows, audio books, games. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The in-flight entertainment and connectivity market research report is one of a series of new reports from The Business Research Company that provides in-flight entertainment and connectivity market statistics, including in-flight entertainment and connectivity industry global market size, regional shares, competitors with in-flight entertainment and connectivity market share, detailed in-flight entertainment and connectivity market segments, market trends and opportunities, and any further data you may need to thrive in the in-flight entertainment and connectivity industry. This in-flight entertainment and connectivity market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Individual services refer to welfare services that aid individuals of various age groups. Family services refer to welfare services that are more family-oriented and aid the family. Individual services performed by a caretaker or similar employee who is responsible for assisting individuals with day-to-day living issues that are not direct patient care activities. The main types of individual and family services are child and youth services, services for the elderly and persons with disabilities, other individual and family services. Child and youth services provide non-residential social assistance to children and youth. The different modes include online, and offline and are used in various applications such as food stamp programs, disaster relief services, adoption services, and self-help. The global individual and family services market is segmented - 1) By Type: Child And Youth Services, Services For the Elderly And Persons with Disabilities, Other Individual And Family Services 2) By Mode: Online, Offline 3) By Application: Food Stamp Program, Disaster Relief Services, Adoption Services, Self-help The global individual and family services market size will grow from $874.51 billion in 2022 to $929.68 billion in 2023 at a compound annual growth rate (CAGR) of 6.3% . The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global individual and family services market is expected to grow to $1151.26 billion in 2027 at a CAGR of 5.5% . The rise in abuse and neglect towards children and the elderly are expected to drive the individual and family services market. Children and the elderly are the most vulnerable individuals who are prone to abuse and neglect from their families, friends, institutions, and others. According to the World Health Organization in 2020, one in 6 people the age of 60 and above have experienced abuse. Moreover, according to the analysis published in the 29th Child Maltreatment Report by the Children’s Bureau at HHS' Administration for Children and Families (ACF), out of 3,534,000 million children, 60.8% of victims were neglected, 10.7% were physically abused, and 7.0% were sexually abused. More than 15% of children are victims of two or more types of maltreatment. The children and elderly abused and neglected mostly suffer from physical injuries, and emotional, and psychological problems, such as impaired social-emotional skills or anxiety. Children and the elderly who suffered abuse are at a higher risk of substance abuse due to emotional imbalance and this growing number increases the demand for individual and family services for non-residential social assistance services for improving living standards. Major players in the individual and family services market are CARE International, Childrens Aid and Family Services Inc., Eastwick Family Services, Executive Healthcare Services (EHS), Feeding America, Goldfields Individual and Family Support Association (GIFSA), Kairos Family Services, North East Independent Living Services, StepStone Family & Youth Services, Unicef (United Nations Childrens Fund), and SMART Child & Family Services . Cases of abuse going unreported hamper the individual and family services market. Most of the abuse is unreported due to fear, lack of awareness, and not receiving a proper channel. According to the recent study published in the journal Child Abuse and Neglect, in 2020, 250,000 cases of children abuse or neglect may have gone unreported in U.S, due to COVID pandemic restrictions. As the cases are unreported individual and family services providers can’t assist the victims and most of the victims are left unaided, thereby hampering the growth of the individual and family services market. Individual and family services providers are utilizing the virtual means for organizing events or fundraising, creating awareness, and rendering services. Restrictions due to pandemics all over the world forced many organizations to turn towards using the online platform for rendering services. For instance, in October 2020, Fostering Hope Foundation, a US-based non-profit organization for foster services conducted a virtual fundraiser. Furthermore, in October 2020, The NYC Administration for Children’s Services (ACS) and The New York Academy of Medicine (NYAM) entered into a new partnership aimed at promoting health equity among older youth in foster care through the use of virtual programming. In September 2020, Day One, a US-based agency that focuses on providing substance use, mental health, and wellness services to youth and families merged with SMART Child & Family Services. This merger is initiated to provide outstanding services to Maine people grappling with substance use and mental health challenges, with an intensified focus on family-based care. SMART Child & Family Services, is a US-based foster care agency that includes outpatient mental health counseling, home & community-based treatment, case management for children & adults, substance use services including medication-assisted treatment, outpatient psychiatry, and medication management. Western Europe was the largest region in the individual and family services market in 2022. Asia-Pacific was the second-largest region in the global individual and family services market share. The regions covered in the global individual and family services market report analysis are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in individual and family services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The individual and family services consist of revenues earned by entities that provide non-residential social assistance to children and youth, elderly, persons with disabilities, and all other individuals and families. The individual and family services include establishments such as disaster and temporary relief services organizations, adult day care centers, child guidance agencies. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The individual and family services market research report is one of a series of new reports from The Business Research Company that provides individual and family services market statistics, including individual and family services industry global market size, regional shares, competitors with individual and family services market share, detailed individual and family services market segments, market trends and opportunities, and any further data you may need to thrive in the individual and family services industry. This individual and family services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Catering refers to a service that provides meal delivery to a client's location and may also prepare and serve the food there. Food contractor refers to any individual who, in accordance with a food service contract, engages or maintains staff to offer on-site food services at a company location. The main types of catering services and food contractors are food service contractors and catering services. Catering services is the business of providing food service at a remote location or at a specific location, such as a hotel, hospital, pub, airline, cruise ship, park, filming location or studio, entertainment location, or event venue. The services are owned by chained and standalone entities and provided for applications such as tourist accommodation, and official business. The global catering services and food contractors market is segmented - 1) By Type: Food Service Contractors, Catering Services 2) By Ownership: Chained, Standalone 3) By Application: Tourist Accommodation, Official Business The global catering services and food contractors market grew from $269.19 billion in 2022 to $281.49 billion in 2023 at a compound annual growth rate (CAGR) of 4.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The catering services and food contractors market is expected to grow to $330.98 billion in 2027 at a CAGR of 4.1%. The catering services and food contractors market growth is aided by stable economic growth forecasted in many developed and developing countries. Recovering commodity prices, after a significant decline in the historical period, are further expected to aid the market's growth. Developed economies are also expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than developed markets in the forecast period. For instance, according to the Reserve Bank of India, India's GDP is expected to grow at 9.5% during the year 2022, whereas China is forecasted to register GDP growth of 5.5% in 2022 . Stable economic growth is expected to increase the demand for services offered by this industry, thereby driving the market during the forecast period. Major companies in the catering services and food contractors market include Compass group plc, Sodexo, Aramark corporation, Elior Group, Autogrill SpA, SSP Group plc, Lufthansa Group, DO & CO AG, Samsung C&T Corporation and Thompson Hospitality. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the catering services and food contractors market in 2020 as governments globally imposed restrictions on domestic and international travel, limiting the need for services offered by these establishments. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China and has spread globally, including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity with countries entering a state of "lock down." The outbreak has had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the catering services and food contractors market will recover from the shock over the forecast period as it is a "black swan" event and not related to ongoing or fundamental weaknesses in the market or the global economy. Food catering companies are forming alliances to serve food to schools, colleges, and universities. They are also involved in the development of mobile apps that provide tailored food options to meet the needs of each individual. For instance, in March 2021, Sodexo, the foodservice and facilities management company, announced a partnership with HelloFresh, the meal kit leader, to deliver HelloFresh and EveryPlate meal kits to students at more than 300 colleges and universities in the United States. Students can pre-select, order, and schedule meal kits for delivery using Sodexo's BiteU app. Whether students are vegetarian, on a low-calorie diet, or looking for something quick and easy, HelloFresh allows them to choose from a varied and changing weekly menu. EveryPlate is a rotating menu of simple and affordable chef-curated recipes, including vegetarian and gourmet options. Western Europe was the largest region in the catering services and food contractors market in 2022. North America was the second largest region in the catering services and food contractors market. The regions covered in the catering services and food contractors market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the catering services and food contractors market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The catering services and food contractors market includes revenues earned by entities by providing single event-based food services or food services at an institutional, governmental, commercial, or industrial location of others based on contractual arrangements with these types of organizations for a specified period of time. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The catering services and food contractors market research report is one of a series of new reports from The Business Research Company that provides catering services and food contractors market statistics, including catering services and food contractors industry global market size, regional shares, competitors with a catering services and food contractors market share, detailed catering services and food contractors market segments, market trends and opportunities, and any further data you may need to thrive in the catering services and food contractors industry. This catering services and food contractors market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Food and beverage service refers to the activity of preparation, exhibiting, and serving meals and drinks to consumers. The forms and cuisines that make up food can vary greatly. The main types of food and beverage services are restaurants and mobile food services, bars and cafes, catering services, and food contractors. Catering services is the business of providing food service at a remote location or at a specific location, such as a hotel, hospital, pub, airline, cruise ship, park, filming location or studio, entertainment location, or event venue. Chain markets and standalone markets own the services, and prices range from high-end to low-end. These services are provided through online and offline modes. The global food and beverage services market is segmented - 1) By Type: Restaurants And Mobile Food Services, Bars And Cafes, Catering Services And Food Contractors 2) By Ownership: Chain Market, Standalone Market 3) By Pricing: High-End, Economy 3) By Service: Online, Offline Subsegments Covered: Full-Service Restaurants, Limited-Service Restaurants, Cafeterias, Grill Buffets, And Buffets, Mobile Food Services, Snack And Nonalcoholic Beverage Bars, Drinking Places (Alcoholic Beverages), Food Service Contractors, Catering Services The global food and beverage services market grew from $3,559.94 billion in 2022 to $3,763.14 billion in 2023 at a compound annual growth rate (CAGR) of 5.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market is expected to grow to $4,651.03 billion in 2027 at a CAGR of 5.4%. The food and beverage services market is expected to benefit from the rising digitalization of food services. Consumers are increasingly preferring to order food online for home delivery. For instance, according to KPMG, the average spend per person per year on food takeaways in the UK rose by 42% over two years, from £452 ($506) in 2019 to £641 ($721) in 2021. Major companies providing food delivery services include Deliveroo, Just Eat, and Uber Eats. This trend is likely to continue in the forecast period and will drive the food and beverage services market going forward. Major companies in the food and beverage services market include Compass group plc, Starbucks, Sodexo, Aramark corporation, McDonald's, Darden Restaurants, Yum China Holdings Inc., Chipotle, Berkshire Hathaway Inc. and Subway. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the food and beverage services market in 2020 as governments globally imposed restrictions on domestic and international travel, limiting the need for services offered by these establishments. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China and has spread globally, including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity with countries entering a state of "lock down." The outbreak has had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the food and beverage services market will recover from the shock over the forecast period as it is a "black swan" event and not related to ongoing or fundamental weaknesses in the market or the global economy. Modernizing technologies in restaurants improves customer satisfaction, thereby boosting restaurant sales. Establishments in the industry are introducing self-ordering touchscreen kiosks, mobile apps for customizable orders and quick payment, and digital entertainment such as gaming. For instance, in 2020, McDonald’s, a US-based fast food company, created a team focused on digital customer engagement as the restaurant industry continues to look to technology as a key way to boost sales. The new team is part of the fast-food company's ambition to leverage technology to reach out to customers and increase sales. As part of that endeavor, McDonald's has installed digital self-order kiosks in its restaurants, expanded meal delivery, and made tech-focused investments. Asia-Pacific was the largest region in the food and beverage services market in 2022. North America was the second largest region in the food and beverage services market. The regions covered in the food and beverage services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the food and beverage services market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The food and beverage services market includes revenues earned by entities by providing meals, snacks, and beverages to customer order for immediate on-premises and off-premises consumption. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The food and beverage services market research report is one of a series of new reports from The Business Research Company that provides food and beverage services market statistics, including food and beverage services industry global market size, regional shares, competitors with a food and beverage services market share, detailed food and beverage services market segments, market trends and opportunities, and any further data you may need to thrive in the food and beverage services industry. This food and beverage services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Meal kit refers to a service that prepares and delivers customised food ingredients, pre-cooked meals, half-cooked food products, and fresh ingredients to customers to further prepare their meals conveniently. Meal kits are an alternative to grocery shopping as they reduce trips to the grocery store, are affordable in nutrition, time, and cost-saving, and reduce food wastage. These are convenient and offer the opportunity to prepare foods at home in less time. The main types of meal kits are fresh food and processed food meal kits. The processed food meal kit is prepared by mechanical or chemical operations performed on the food to preserve it for a long time. Meal kits are available in a variety of distribution channels, including hypermarkets and supermarkets, convenience stores, specialty food stores, small grocery stores, online stores, and others, and are divided into vegetarian and non-vegetarian options. The global meal kit market is segmented - 1) By Type: Fresh Food, Processed Food 2) By Category: Vegetarian, Non-Vegetarian 3) By Distribution Channel: Hypermarket/Supermarket, Convenience Store, Specialty Food Stores, Small Grocery Stores, Online Stores, Other Distribution Channels The global meal kit market size will grow from $13.6 billion in 2022 to $15.53 billion in 2023 at a compound annual growth rate (CAGR) of 14.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of meal kit is expected to grow to $28.69 billion in 2027 at a CAGR of 16.6%. The rising number of working professionals is contributing to the growth of the meal kit market. For instance, in August 2021, the U.S. Bureau of Labor Statistics reported a rise in total nonfarm payroll employment of 235,000 in August, and the unemployment rate declined by 0.2 percentage points to 8.4 million. Also, they reported that 74,000 job growth occurred in professional and business services; 53,000 in transportation and warehousing; 37,000 in manufacturing; and 37,000 in other services such as personal services, laundry services, and repair and maintenance services. Meal kits are convenient for busy working professionals who prefer to eat affordable, personalized, and ready-to-eat meals. The rising number of working professionals is driving the growth of meal kits market Major players in the meal kit market are Hello Fresh, Blue Apron Holdings, Inc., Home Chef, Marley Spoon, Inc., Sun Basket, Gousto, Green Chef Corporation, Gobble, Inc., The Purple Carrot, Foodstirs, Inc., Freshly, Daily Harvest, Fresh Direct, Snap Kitchen, Veestro, EveryPlate, Sakara Life, Yumble, Hungryroot, Dinnerly, Ahold USA, PeachDish, Just Add Cooking, Relish Labs LLC, Fit Foods Club, Fresh Prep, Fuud Canada, Global Belly, Goodness Me, Quitoque, and Kroger Prepx. Strategic partnerships and collaborations are a trend in the meal kit market. Major companies are making strategic partnerships with start-ups and mid-sized companies to maintain market share in the competitive market, broaden products and services, and enter into new geographies. For instance, in December 2020, Franklin Farms, a company that provides meatless meals to customers, entered into a new partnership with Purple Carrot, a plant-based meal kit company. The partnership will allow consumers to enjoy great-tasting meatless meals made with Franklin Farms’ tofu at home. In July 2021, Hello Fresh, a meal kit company, announced its partnership with Fenn Foods. Hello Fresh will be expanding its vegan offerings in Australia by utilising Fenn Foods’ carbon neutral-certified, plant-based mince as an ingredient in their ""Chilli Cin Carne"" recipe. In November 2020, HelloFresh, a meal-kit company, acquired Factor75 Inc., for a $277 million deal amount. The acquisition brings HelloFresh’s expansion into the competitive prepared meals business and market expertise in delivering fresh ingredients and ready-to-eat meals to customers across 14 countries. Factor75 is a US-based company that sells fully prepared meal kits with health-centric ingredients. North America will be the largest region in the meal kit market in 2022. The regions covered in the meal kit market report analysis are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the Meal Kit market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The meal kit market includes revenues earned by entities by sending customers pre-portioned and sometimes partially-prepared food ingredients and recipes to prepare home-cooked meals. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The meal kit research report is one of a series of new reports from The Business Research Company that provides meal kit statistics, including meal kit industry global market size, regional shares, competitors with meal kit share, detailed meal kit segments, market trends and opportunities, and any further data you may need to thrive in the meal kit industry. This meal kit research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The meal replacement are used as a substitute for solid foods that contain the required quantities of calories and nutrients for the body. Meal replacement refers to a protein- and nutrient-enriched product intended to replace a meal. These are available in powdered drink form or as ready-made drinks. The main types of products in the meal replacement market are powdered products, edible bars, ready-to-drink, and others. Powdered products refer to the products that are available in various powdered forms and are mainly intended as substitutes for various solid foods with the necessary amounts of calories and nutrients that are required for the body. These are used in weight gain, weight loss, physical fitness, wound healing, and other applications and are distributed through hypermarkets, supermarkets, convenience stores, online, and other distribution channels. The global meal replacement market is segmented - 1) By Product: Powdered Products, Edible Bars, Ready-to-Drink, Other Products 2) By Application: Weight Gain, Weight Loss, Physical Fitness, Wound Healing, Other Applications 3) By Distribution Channel: Offline, Hypermarkets and Supermarkets, Convenience Stores, Online, Other Distribution Channels The global meal replacement market size grew from $16.16 billion in 2022 to $17.51 billion in 2023 at a compound annual growth rate (CAGR) of 8.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of global meal replacement is expected to grow to $23.32 billion in 2027 at a CAGR of 7.4%. The increasing prevalence of obesity and diabetes is expected to propel the growth of the meal replacement market going forward. Increasing diabetes is due to factors such as ethnicity, aging, and lifestyle. Meal replacement products are mostly used to treat diabetes by maintaining weight loss. However, as they are high in nutrients yet low in calories, they can also be used to treat obesity. For instance, In December 2021, according to the statistics published by International Diabetes Federation, a Belgium-based, non-profit diabetes association, 537 million adults (20-79 years) recorded living with diabetes, and 6.7 million people died of diabetes in 2021. However, by 2030, it is anticipated that there will be 643 million people worldwide will have diabetes . Therefore, the increasing prevalence of obesity and diabetes is driving the growth of the meal replacement market. Major players in the meal replacement market are Abbott Laboratories, Amway Corp., Atkins, Blue Diamond Growers, General Mills Inc., Glanbia plc, Herbalife Nutrition Ltd., Huel Ltd., Kellogg Company, Nestle SA, The Kraft Heinz Company, Unilever plc, Usana Health Sciences Inc., GlaxoSmithKline plc., SlimFast, Nu Skin Enterprises Inc., and Bob’s Red Mill Natural Foods. Innovation in meal replacement products is a key trend gaining popularity in the meal replacement market. Companies in the meal replacement industry are forming various partnerships to develop new technologies and launch new products. For instance, in May 2021, Unilever, a UK-based company operating in meal replacement products, partnered with ENOUGH, a UK-based food-tech company. This partnership develops new plant-based meat products using ENOUGH's unique zero-waste fermentation process technology and will increase Unilever's potential with future innovations in the meal replacement portfolio. In 2022, Solace Nutrition, a medical nutrition company that manufactures effective nutrition formulas as dietary supplements to help individuals manage their nutritional needs, acquired R-Kane Nutritional for an undisclosed amount. This acquisition helps Solace’s strategic extension into an adjacent nutrition market. R-Kane Nutritional is a US-based company that specializes in high protein meal replacements for managing weight in individuals. North America was the largest region in the meal replacement market in 2022. Asia-Pacific is expected to be the fastest-growing region in the meal replacement market share in the forecast period. The regions covered in the global meal replacement market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the meal replacement market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The meal replacement market consists of sales of drinks, bars, soups, sprakling water. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The meal replacement market research report is one of a series of new reports from The Business Research Company that provides meal replacement market statistics, including meal replacement industry global market size, regional shares, competitors with a meal replacement market share, detailed meal replacement market segments, market trends and opportunities, and any further data you may need to thrive in the meal replacement industry. This meal replacement market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Prepared meal delivery refers to the convenient services consisting of meals that can be simply reheated or cooked instantly and consumed with the minimum cooking, cutting, or cleaning required. These services are used to provide prepared meals through a subscription-based business model in which companies send clients ready-to-cook fresh ingredients for home-cooking meals. The main types of supplies in the prepared meal delivery market are cook and eat and heat and eat. Cook-and-eat meals provide customers with the taste of home-cooked meals where raw ingredients have been precut, seasoned, and combined to make cook-and-eat meals. The different prepared meal delivery services include one and several, available through online and offline platforms. The global prepared meal delivery market is segmented - 1) By Supply: Cook And Eat, Heat And Eat 2) By Service: One, Several 3) By Platform: Online, Offline The global prepared meal delivery market size grew from $11.71 billion in 2022 to $13.32 billion in 2023 at a compound annual growth rate (CAGR) of 13.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the prepared meal delivery market is expected to grow to $22.99 billion in 2027 at a CAGR of 14.6%. The major driving factor of the prepared meal delivery market is the preference for junk meals by the working population and students. Junk meals are pre-prepared or packaged foods that are extremely convenient and can be consumed immediately. The meal kit delivery industry has been a big success because it appeals to consumers who want to cook their own food without having to go grocery shopping. These are popular with busy parents, millennials, individuals juggling several jobs, working couples, and people with particular dietary needs who prefer pre-planned items or meals so they can create meals quickly. Hence, preference for junk meals is driving the growth of the prepared meal delivery service market. Major players in the prepared meal delivery market are Blue Apron, EveryPlate, Freshly, Gobble, Green Chef Corporation, HelloFresh, Relish Labs (Home Chef), Hungryroot, Marley Spoon, Purple Carrot, Fresh n' Lean, Sun Basket, Factor75, Trifecta, Snap Kitchen, Daily Harvest, Splendid Spoon, Diet-To-Go, RealEats, Chef'd, Foodstirs, Green Chef, FreshDirect, Munchery, 1 Potato, PeachDish, and Terra's Kitchen. Contactless delivery is the new trend gaining popularity in the prepared meal delivery market. As the COVID-19 pandemic continues to wreak havoc across the globe, social separation will remain a well-established way of life. Food outlets are embracing innovative food delivery platforms to drive seamless contactless deliveries, keeping the safety of customers and delivery personnel in mind. For example, Zomato, an India-based food delivery company, and Swiggy, an India-based food delivery company, have started contactless delivery in 2020. Domino’s Pizza, a Michigan-based pizza delivery chain, has also started a no-contact pizza delivery service in the year 2020. In November 2020, HelloFresh, a Germany-based meal kit subscription company, acquired Factor75, Inc., for a deal amount of $277 million. With this acquisition, HelloFresh's ambition is to strengthen its leading position and expand its total addressable market in the United States. The combined resources, operational excellence, and data-driven strategy will benefit both organizations. Factor75, Inc. is a USA-based provider of meal preparation and delivery services with the goal of providing a perfect mix of nutrients and flavor to improve mental and physical performance. North America was the largest region in the prepared meal delivery market in 2022. Asia-Pacific was the second largest market in prepared meal delivery market. The regions covered in the prepared meal delivery market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the prepared meal delivery market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The prepared meal delivery market includes revenues earned by entities by reducing food and packaging wastage while saving time and money. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The prepared meal delivery market research report is one of a series of new reports from The Business Research Company that provides prepared meal delivery market statistics, including prepared meal delivery industry global market size, regional shares, competitors with a prepared meal delivery market share, detailed prepared meal delivery market segments, market trends and opportunities, and any further data you may need to thrive in the prepared meal delivery industry. This prepared meal delivery market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The ready meals are convenient, inexpensive, fast, and pre-portioned. The ready meals are complete meals that only require heating before eating. They are ready to eat and already cooked or prepared. They are priced at a lower price and hence are cheap and convenient to use. The main components of the ready meals global market are frozen, chilled, canned, and dried products. A frozen food product that has been factory processed to the point that it is ready for use as a food and may or may not require further heating before consumption is referred to as frozen food. Ready meals are available on various distribution channels such as supermarkets/hypermarkets, convenience stores, and online. The global ready meals market is segmented - 1) By Product: Frozen, Chilled, Canned, Dried 2) By Distribution Channel: Supermarket / Hypermarket, Convenience Store, Online 3) By End-User: Residential, Food Services The global ready meals market size grew from $154.5 billion in 2022 to $169.01 billion in 2023 at a compound annual growth rate (CAGR) of 9.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of the global ready meals is expected to grow to $244.09 billion in 2027 at a CAGR of 9.6%. The growing awareness of food products with extended shelf lives is significantly contributing to the growth of the ready meals market. The shelf life of a product is described as the amount of time it may be safely consumed while retaining its desired features such as sensory, functional, chemical, and microbiological properties. People are on the lookout for food with a long shelf life such as ready meals as they are convenient, inexpensive, fast, and pre-portioned with extended shelf lives. For example, in June 2020, Truebell LLC, a US-based food and beverage exporter company has seen demand up to 300% for long shelf-life products. Therefore, the growing awareness of food products with extended shelf lives is driving the growth of the ready meals market. Major players in the ready meals market report are Tyson Foods Inc., Unilever Group, Nestle, Conagra Brands Inc., Kerry Foods, Chao Xiang Yuan Food Co. Ltd., Dr. Oetker, BRF Global, Berkshire, Green Mill Foods, Fleury Michon, PepsiCo Inc., Danone S.A., Sakara Life, and Gobble Inc. The increasing demand for fresher and more convenient nutritionally compliant dietary standards are key trend gaining popularity in the ready meals market. For instance, in September 2020, FiveStar Gourmet Foods ltd launched the Simply Fresh2GO ready-to-eat meals product line to deliver both in retail and school food services channels to meet strict national school lunch dietary standards. It maintains that each item in the line has a balanced complete meal including protein, grains, fresh vegetables, and fruits. In October 2020, Nestle, a Switzerland-based food and beverage company acquired Freshly for a deal amount of $1.5 billion. The acquisition is expected to bring together Freshly's highly specialized consumer analytics platform and distribution network with Nestlé's deep understanding of what and how people eat at home. Freshly is a US-based prepared ready-to-eat meal company. Western Europe was the largest region in the ready meals market in 2022. Asia-Pacific is expected to be the fastest-growing region in the ready meals market share during the forecast period. The regions covered in the ready meals market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the ready meals market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The ready meals market consists of sales of pre-cleaned, pre-cooked foods. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The ready meals market research report is one of a series of new reports from The Business Research Company that provides ready meals market statistics, including ready meals industry global market size, regional shares, competitors with a ready meals market share, detailed ready meals market segments, market trends and opportunities, and any further data you may need to thrive in the ready meals industry. This ready meals market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.