Meal Kit Delivery - Denmark

Denmark

Highlights

The Meal Kit Delivery market in Denmark is projected to reach a revenue of US$174.20m in 2024.
It is expected to grow at an annual rate of 0.70% from 2024 to 2029, resulting in a projected market volume of US$180.40m by 2029.
The number of users in the Meal Kit Delivery market is expected to reach 277.3k users by 2029.
The user penetration rate, which is the percentage of the population using meal kit delivery services, is projected to be 4.7% in 2024 and is expected to increase to 4.6% by 2029.
The average revenue per user (ARPU) is estimated to be US$628.30.
In comparison to other countries, United States is expected to generate the highest revenue in the Meal Kit Delivery market, with US$5.64bn in 2024.
New Zealand, on the other hand, is projected to have the highest user penetration rate in the market, with a rate of 7.3%.
Denmark's meal kit delivery market is thriving due to its high demand for convenient, healthy, and sustainable meal options.

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Meal Kit Delivery market in Denmark has experienced significant growth in recent years, driven by changing consumer preferences and local special circumstances.

Customer preferences: Danish consumers are increasingly looking for convenient and healthy meal options that fit into their busy lifestyles. Meal kit delivery services provide an attractive solution, offering pre-portioned ingredients and easy-to-follow recipes that can be prepared in under 30 minutes. Additionally, many consumers are looking for sustainable and locally-sourced ingredients, which many meal kit delivery services are able to offer.

Trends in the market: The Meal Kit Delivery market in Denmark has seen a surge in competition, with new players entering the market and existing companies expanding their offerings. This has led to increased innovation, with companies offering a wider variety of meal options and catering to different dietary requirements. Additionally, many companies are now offering flexible subscription options, allowing consumers to skip weeks or easily modify their orders.

Local special circumstances: Denmark has a strong food culture, with a focus on locally-sourced and sustainably-produced ingredients. This has led many meal kit delivery services to partner with local farmers and suppliers to source their ingredients. Additionally, Denmark has a high level of disposable income, which has allowed many consumers to prioritize convenience and quality in their food choices.

Underlying macroeconomic factors: The growth of the Meal Kit Delivery market in Denmark is also being driven by broader macroeconomic trends. The rise of e-commerce and digital platforms has made it easier for meal kit delivery services to reach consumers and offer flexible subscription options. Additionally, changing demographics, such as an increase in single-person households, have created a demand for smaller portion sizes and more convenient meal options. Finally, the COVID-19 pandemic has accelerated the growth of the market, as more consumers are looking for safe and convenient ways to prepare meals at home.

Data coverage:

The data encompasses B2C enterprises. Figures are based on Gross Merchandise Value (GMV) and represent what consumers pay for these products and services. The user metrics show the number of customers who have made at least one online purchase within the past 12 months.

Modeling approach / Market size:

Market sizes are determined through a bottom-up approach, building on predefined factors for each market. As a basis for evaluating markets, we use annual financial reports of the market-leading companies, third-party studies and reports, as well as survey results from our primary research (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, GDP per capita, and internet connection speed. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing. The main drivers are internet users, urban population, usage of key players, and attitudes toward online services.

Additional notes:

The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. GCS data is reweighted for representativeness.