Tag: Meal Kits

Two Sides of Hello Fresh

As a business, it’s difficult to see Hello Fresh as anything but a massive success. And yet, despite the success of the business, Hello Fresh stock has been a terrible investment.

Outlook for Meal Kits Murky

Meal-kit companies are delivering mixed results in 2023. The difference between the category’s “haves” and “have-nots” appears to be widening. “There’s a broad range of what’s considered a ‘meal kit’ today, reflective of rapidly changing …

COLUMN: Let’s Learn from the Demise of Freshly

The public markets (and strategic firms) aren’t kind to businesses that don’t make much money and then stop growing. The recent shutdown of Freshly shocked many of its consumers, but not those following the ~$6B …

Traceability Key to Avoiding Daily Harvest-Type Recalls

Meal kit service Daily Harvest’s recall of its French Lentils + Leek Crumbles product, which allegedly sickened more than 470 people, highlights the food industry’s need for high-tech improvements in the traceability chain, an industry …

Meal Kit Services Pivot as Pandemic Eases

Despite stronger sales earlier in the pandemic, the meal kit industry still has room to grow, with Statista projecting the U.S. market to reach more than $10 billion by 2024, compared to $6.9 billion in …

Study: Meal Kits Gaining Momentum with Gen Z, Millennials

New consumer research suggests that meal kits are gaining momentum – especially with young adults. According to research from Culinary Visions, an insights and trends forecasting practice, 49% of consumers ages 18-34 say meal kits …

Meal Kits’ Popularity and Catering to Restrictive Diets

While COVID-19 is playing havoc on many food businesses, one segment that experienced an uptick in business since the pandemic is the meal kit industry, with companies like Blue Apron and HelloFresh experiencing noted growth …