Global Recipe Box Delivery Service Market Overview:
The qualities of the recipe boxes are nearly endless. Many times you get a food shop supplied to your door wherein you often do not have to even think about measuring or chopping the ingredients; food waste is extremely minimal, hence making it much easier to get your hands on the top-quality produce; you can, therefore, get specific diets and allergies supplied to; and the recipes are most often loved by the kids both big and small. To many of the busy Brits, these services make perfect sense. There is literally something for everybody, whether you are a calorie-conscious city dweller or are cooking for a family in the suburbs. And at times when shopping in the supermarkets becomes more difficult in the light of the coronavirus pandemic, these delivery boxes would hence provide an important lifeline for many consumers. With the reduced quotas put in place by the Chicken Farmers of Canada means farmers are now raising 15% fewer chickens on their farms. Along with labor shortages as well as shutdowns caused due to COVID-19, this has further added strain on the supply chain that would likely result in the shortages of the boneless chicken thighs as the suppliers are now focusing their resources on deboning of the chicken breasts. Also, the beef suppliers in both Canada and the US continue to face the pandemic-related challenges, including the labor shortages as well as the facility closures as they slowly ramp up to the additional measures to keep their workforces safe and healthy. This hereby means that the available quantity of fresh beef is now low and at the same time difficult to access. Therefore the recipe box delivery services market would also be hit by the ongoing pandemic of COVID-19.
- Growing demand for Fast Foods
- Increasing Interest of Consumers towards Eating Variety of Dishes
- Rise in Number of Restaurants and Food Stores
- Varied Consumers Food Preferences
- Technological Advancements in Recipe Box Delivery Services
- Growing Consumers Concerns towards Nutritional Information Present In Foods
- Costs Associated with the Recipe Box Subscription
- Lack of Variety of Recipes Owing To Limitation in List
- Introduction of Various Types of Cuisines across the World
- The Inclination of Consumers towards Healthy Food and High Costs Associated with the Same Is Driving the Market
- Lack of Awareness about the Recipe Box Delivery Services
- Consumers Shift towards Digital Recipe Solutions
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products, and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are Blue Apron (United States), HelloFresh (Germany), Plated (United States), Sun Basket (United States), Chef’d LLC (United States), Gousto (United Kingdom), Green Chef (United States), Riverford (United Kingdom), Purple Carrot (United States), Home Chef (United States), Abel & Cole (United Kingdom), Quitoque (France), Kochhaus (Germany), Fresh Fitness Food (United Kingdom) and Marley Spoon (United States). Additionally, following companies can also be profiled that are part of our coverage like Middagsfrid (Sweden), Chefmarket (Moscow), Kochzauber (Germany) and Mindful Chef (United Kingdom). Analyst at AdvanceMarketAnalytics see United States Vendors to retain maximum share of Global Recipe Box Delivery Service market by 2025. Considering Market by Subscription Type, the sub-segment i.e. Monthly will boost the Recipe Box Delivery Service market. Considering Market by End-User, the sub-segment i.e. User Age (Under 25) will boost the Recipe Box Delivery Service market. Considering Market by Device Used, the sub-segment i.e. Android will boost the Recipe Box Delivery Service market. Considering Market by Features, the sub-segment i.e. Offline access will boost the Recipe Box Delivery Service market.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be provided prior to purchase
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Recipe Box Delivery Service market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Recipe Box Delivery Service market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Providers of Recipe Box Delivery Service, End-Users, Potential Investors, Market Research Firms and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.