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Food Subscription Services Market to Reach $12.75 Billion by 2031–Exclusive Report by Meticulous Research®

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REDDING, Calif., Dec. 4, 2024 /PRNewswire/ — According to a new market research report titled, ‘Food Subscription Services Market Size, Share, Forecast, & Trends Analysis by Subscription Types (Curation, Access, Replenishment Subscription), Nature (Vegetarian), Price Range (Premium, Mid-Range), Distribution Channel (Online)- Global Forecast to 2031,’ the Food Subscription Services market is expected to reach $12.75 billion by 2031, at a CAGR of 8.6% from 2024 to 2031.

 

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The food subscription services market is experiencing growth, primarily driven by rising consumer preferences for convenience, cost-effective food purchasing, and doorstep food delivery, along with an increasing demand for healthy meals. However, complex regulatory requirements for food subscription services and the high costs associated with these services restrain the market’s growth.

Furthermore, the growing demand for personalized culinary experiences and the consumer shift toward the daily purchase of fresh food ingredients are expected to create growth opportunities for stakeholders in this market. Additionally, the rising consumer preference for healthy, nutrient-rich meals is a prominent trend in the food subscription services market.

Food Subscription Services Industry Overview: Latest Developments from Key Industry Players

In December 2023, Blue Apron, LLC (U.S.) expanded its ready-to-eat category by launching Prepared & Ready meals.In October 2023, Wonder Group (U.K.) acquired Blue Apron to enter the food subscription services market.In January 2023, Chef Sung (U.S.) introduced an Asian meal kit for food subscription servicesIn December 2022, Intelligent Foods (UAE) acquired Gobble (U.S.), a 15-minute meal kit service, to expand into the food subscription services market.In March 2022, SPATULA Foods Inc. (U.S.) raised USD 1.5 million to launch a first-of-its-kind subscription service (Toronto) to deliver meals developed by local chefs that are flash frozen – and ready in 10 minutes – to consumer’s doorsteps starting at under $12 a plate.

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Key Players:

Some of the major players profiled in this report are HelloFresh SE (Germany), Blue Apron Holdings, Inc (U.S.), Sunbasket, Inc (U.S.), Marley Spoon SE (Germany), Freshly, Inc (U.S.), Gousto Ltd (U.K.), Mindful Chef Ltd (U.K.), Hungryroot (U.S.), Relish Labs LLC (U.S.), Purple Carrot (U.S.), Fresh n’Lean (U.S.), Trifecta, Inc (U.S.), Sakara Life, Inc (U.S.), Imperfect Foods, Inc (U.S.), CureFoods (India)

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The food subscription services market is segmented by subscription type (replenishment subscription, curation subscription, access subscription, and others), nature (non-vegetarian, vegetarian), price range (mid-range, premium, low-range), distribution channel (online, offline), and geography (North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa).

Key Findings in the Food Subscription Services Market Study:

By subscription type, the replenishment subscription segment is poised to record the highest CAGR during the forecast period of 2024–2031. The increasing consumer demand for cost-effective subscriptions, a shift toward fresh produce, and the daily requirement for essential food items are driving the growth of this segment.

By nature, the vegetarian segment is slated to record the highest CAGR during the forecast period of 2024–2031. The growth of this segment is driven by health and environmental considerations, the increasing popularity of cruelty-free diets, and rising consumer preferences for fresh foods.

By price range, the mid-range segment is poised to record the highest CAGR during the forecast period of 2024–2031. The increasing demand for budget-friendly food options, consumers’ desire for quality, easily accessible food & beverages, and the availability of customization options in food subscription services are anticipated to drive the growth of this segment during the forecast period.

By distribution channel, the online segment is anticipated to record the highest CAGR during the forecast period of 2024–2031. The increasing demand for quick access to affordable food, the proliferation of online channels offering food subscription services, rising disposable incomes, and changing consumer lifestyles are expected to drive the growth of this segment during the forecast period.

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By geography, Asia-Pacific is poised to record the highest CAGR during the forecast period 2024–2031. The growing e-commerce sector, changing dietary habits, population growth, increasing interest in traditional cuisines, and rising urbanization are expected to drive the growth of this regional market during the forecast period.

Scope of the Report:

Food Subscription Services Market Assessment—by Type

Replenishment SubscriptionCuration SubscriptionAccess SubscriptionOthers

Food Subscription Services Market Assessment—by Nature

Non-vegetarianVegetarian

Food Subscription Services Market Assessment—by Price Range

Mid-rangePremiumLow-range

Food Subscription Services Market Assessment—by Distribution Channel

OnlineOffline

Food Subscription Services Market Assessment—by Geography

North AmericaU.S.CanadaEuropeGermanyFranceU.K.ItalySpainRussiaRest of EuropeAsia-PacificChinaIndiaJapanAustraliaSouth KoreaIndonesiaNew ZealandRest of Asia-PacificLatin AmericaBrazilMexicoArgentinaRest of Latin AmericaMiddle East & AfricaSaudi ArabiaUnited Arab EmiratesSouth AfricaRest of Middle East & Africa

Related Reports:

RTD Beverages Market by Product Type (Alcoholic and Non-alcoholic [Flavored, Tea, Coffee, Juices, Nectars, Dairy, Soft Drinks, Energy Drinks]), Packaging Type (Bottles, Cans), Distribution Channel (Supermarkets, E-commerce) – Global Forecast to 2031 – https://www.meticulousresearch.com/product/rtd-beverages-market-5688

Frozen Ready Meals Market by Type (Vegetarian Meals, Chicken Meals, and Beef Meals) and Distribution Channel (Food Chain Services, Modern Trade, Convenience Stores, Departmental Stores, and Online Stores)—Global Forecast to 2029 – https://www.meticulousresearch.com/product/frozen-ready-meals-market-5321

Meal Replacement Products Market Size, Share, Forecast, & Trends Analysis by Product Type (Powdered Products, Ready-to-Drink, Bars), Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Stores), and Geography – Global Forecast to 2031 – https://www.meticulousresearch.com/product/meal-replacement-products-market-6064

Functional Beverages Market by Type (Energy Drinks, Sports Drinks, Dairy Beverages), Application (Health & Wellness, Weight Management), Distribution Channel (Supermarkets, Convenience stores, E-commerce), and Geography – Global Forecast to 2029 – https://www.meticulousresearch.com/product/functional-beverages-market-5407

Functional Food and Beverages Market by Type (Bakery Products, Confectionery Products, Snacks, Energy Drinks, Sports Drinks), Application (Health & Wellness, Immunity, Clinical Nutrition, Cardio Health), Distribution Channel – Global Forecast to 2030 – https://www.meticulousresearch.com/product/functional-food-and-beverages-market-5468

Fermented Foods and Beverages Market by Product (Fermented Foods {Dairy Products [Yogurt, Kefir], Tofu, Vegetables}, Fermented Beverages {Alcoholic, Non-alcoholic}), Distribution Channel (Convenience Stores, E-commerce) and Geography – Global Forecast to 2030 – https://www.meticulousresearch.com/product/fermented-foods-and-beverages-market-5469

DTC Food Market by Type (Food {Bakery & Confectionery, Meat, Poultry, & Seafood, Dairy, Snacks}, Beverages {Carbonated Soft Drinks & Juices, RTD Tea & Coffee, Alcoholic Beverages}), by Distribution Channel (Online, Offline) – Global Forecast to 2031 – https://www.meticulousresearch.com/product/dtc-food-market-5770

Food Subscription Services Market Research Summary

Particulars

Details

Number of
Pages

210

Format

PDF

Forecast
Period

2024–2031

Base Year

2024

CAGR

8.6 %

Market Size
in 2024

USD 7.15 Billion

Market Size
in 2031

USD 12.75 Billion

Segments
Covered

By Subscription Types

Replenishment SubscriptionCuration SubscriptionAccess SubscriptionOthers

By Nature

Non-vegetarianVegetarian

By Price Range

Mid-rangePremiumLow-Range

By Distribution Channel

OnlineOffline

Countries
Covered

North America (U.S., Canada), Europe (Germany, U.K., Spain, Italy,
France, Russia, and Rest of Europe), Asia-Pacific (China, India, Japan,
Australia, South Korea, Indonesia, New Zealand and Rest of Asia-Pacific),
Latin America (Brazil, Mexico, Argentina, and Rest of Latin America), and
the Middle East & Africa (Saudi Arabia, UAE, South Africa and Rest of
Middle East & Africa)

Key
Companies

HelloFresh SE (Germany), Blue Apron Holdings, Inc (U.S.), Sunbasket, Inc
(U.S.), Marley Spoon SE (Germany), Freshly, Inc (U.S.), Gousto Ltd (U.K.),
Mindful Chef Ltd (U.K.), Hungryroot (U.S.), Relish Labs LLC (U.S.), Purple
Carrot (U.S.), Fresh n’Lean (U.S.), Trifecta, Inc (U.S.), Sakara Life, Inc
(U.S.), Imperfect Foods, Inc (U.S.), CureFoods (India)

Contact:
Meticulous Market Research Pvt.Ltd.
1267 Willis St, Ste 200 Redding,
California, 96001, U.S.
USA: +1-646-781-8004
Europe: +44-203-868-8738
APAC: +91 744-7780008
Email- sales@meticulousresearch.com
Visit Our Website: https://www.meticulousresearch.com/
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research
Meticulousblog.org | Top Market Research Reports Blog – https://meticulousblog.org/
Content Source: https://www.meticulousresearch.com/pressrelease/1330/food-subscription-services-market

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Technology

More than 85 Governments to Gather in Riyadh to Lead Global Action on Minerals at Fourth Future Minerals Forum

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January 11, 2025

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RIYADH, Saudi Arabia, Jan. 11, 2025 /PRNewswire/ — Over 85 governments from key mineral-producing and consumer nations, including 16 countries from the leading G20 economies, and 50 ministers and 13 vice ministers – have confirmed they will join the 2025 FMF Ministerial Roundtable on January 14, 2025.

The Ministerial Roundtable, a multi-stakeholder, government-led initiative, is the traditional opener of FMF, spurring international action to increase investment in mineral supply and build capacity in the Super Region of Africa, Western and Central Asia, and other supply regions. It is set to be the largest and most senior gathering of mineral resources officials in the world

Discussion will cover progress made over the past year on the three Ministerial Roundtable initiatives:

Development of an International Critical Minerals FrameworkEstablishment of Centers of Excellence to build capacity in sustainability (Morocco), talent development (South Africa), and technology innovation (Saudi Arabia).Advancements in Certification Systems to ensure responsible mineral sourcing.

His Excellency Khalid Al-Mudaifer, the Vice-Minister for Mining Affairs of Saudi Arabia’s Ministry of Industry and Mineral Resources, emphasizes that, “The meeting is an important step towards achieving sustainable development in the minerals sector globally. It is an ideal platform for delivering solutions, developing legislation on best practices in the field of sustainable mining, and exploring ways to invest in mining projects to achieve economic and social development in producing countries.”

Joining him are high-profile leaders, including ministers from supplier and financing like Brazil, South Africa, DRC, India, Egypt, Italy, Nigeria, Qatar, Pakistan, Kazakhstan, Uzbekistan, Malaysia, Thailand, Morocco, Indonesia, France, USA and the United Kingdom, discussing opportunities for global cooperation.

 “This year, discussions will seek to enhance collaboration between governments, industry, and communities to drive more investment in minerals, and development through value addition in supplier countries. We want to support the pressing need for sustainable mining practices, resilient supply chains, and value-driven partnerships in the minerals industry.”

Importantly, the outcomes of the Ministerial Roundtable are not confined to the event itself but form an ongoing, year-round program. Regional Coordination Groups will continue to drive the implementation of key initiatives.

“FMF is emerging as the largest global hub for minerals collaboration and action – no other platform brings together government ministers and senior industry leaders at this scale.” Al-Mudaifer concluded.

 

SOURCE Future Minerals Forum

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LANDI Global Unveils Flagship Cx20: Elevating business efficiency and customer experience with a next-generation Windows-powered terminal

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January 11, 2025

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SINGAPORE, Jan. 11, 2025 /PRNewswire/ — LANDI Global proudly announces the launch of the Cx20 terminal, our flagship next-generation smart Windows Desktop POS.

Engineered for businesses that seek advanced technology and refined design, the Cx20 delivers top-tier performance with seamless compatibility. This powerful Desktop POS empowers users to handle even the most challenging tasks with confidence, making it ideal for demanding environments.

Innovation driven by market needs

The Cx20 is designed to meet the growing global demand for Windows-based Desktop POS.

With a large Windows-installed base still in use and the end of support for Windows 10, many businesses are seeking an easy migration path to Windows 11-compatible POS solutions. The Cx20 integrates seamlessly with existing Windows-based applications and back-end systems, ensuring minimal disruption and maximum compatibility.

Build for Business Demand  

The Cx20 is built to meet the demands of businesses with its powerful performance, robust connectivity, and user-friendly design.

Equipped with advanced industrial control chips, running on Windows 11 IoT LTSC, the Cx20 benefits from Microsoft’s long-term support of up to 10 years+, delivering consistent performance for high-demand workloads and efficient multitasking.

Connectivity is seamless, with Wi-Fi 6e and 1000M Ethernet support, ensuring constant, reliable connectivity essential for uninterrupted business operations.

Its 15.6″ IPS with 1920×1080 resolution, multi-touch display ensures crystal-clear visuals and an intuitive user experience.

Outstanding performance and customer benefit

The Cx20 is powered by a Hexa-core Intel® i3-1215U processor, reaching speeds up to 4.4GHz. With compatibility for Windows 11 IoT, it excels at handling high-demand workloads and multitasking, making it the ideal POS solution for businesses.

Memory options range from 8GB + 256GB as a base, ensuring versatility to meet various operational needs while maintaining a seamless experience for complex tasks. The Cx20 is equipped with an integrated 80mm thermal printer featuring auto-cutter technology, ensuring efficient printing, and LANDI’s patented auto-recovery technology automatically resolves paper jams for uninterrupted service.

Distinct competitive advantages

The Cx20 stands out with its perfect blend of cutting-edge design and high-performance functionality.

Equipped with the latest Intel® processors and generous memory options, it delivers smooth operation and efficient multitasking, making it ideal for demanding retail and hospitality environments.

Cx20 features an ultra-slim triangular base for added stability and a sleek profile. With a body thickness of 4mm and a screen thickness of 8mm, it combines state-of-the-art technology.

Visit LANDI Global for more information!

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SOURCE LANDI Global

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CSI Companies Acquires MedSys Group, Expanding Healthcare IT Services

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January 11, 2025

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CSI Companies, a leading provider of staffing, consulting, and workforce management services across the Healthcare IT industry, acquired MedSys Group, a premier Healthcare IT consulting firm based in Plano, Texas. This strategic acquisition will significantly enhance CSI’s capabilities in the Healthcare IT market, providing comprehensive solutions to a wider range of clients.

JACKSONVILLE, Fla., Jan. 11, 2025 /PRNewswire-PRWeb/ — CSI Companies, a leading provider of staffing, consulting, and workforce management services across the Healthcare IT industry, acquired MedSys Group, a premier Healthcare IT consulting firm based in Plano, Texas. This strategic acquisition will significantly enhance CSI’s capabilities in the Healthcare IT market, providing comprehensive solutions to a wider range of clients.

“We are thrilled to welcome MedSys Group to the CSI family,” said Chris Flakus, CEO at CSI Companies. “This acquisition bridges the gap in healthcare organizations and provides our clients with the right tools and strategies to increase operational efficiencies and the quality of patient care.”

MedSys Group brings extensive expertise in Healthcare IT consulting, implementation, and support. Together, the combined entity will offer a more robust suite of solutions, including enhanced consulting, expanded implementation services, and comprehensive support. These offerings will provide strategic guidance, optimize operations, ensure seamless system integration, and improve proactive maintenance and issue resolution.

This acquisition aligns with CSI Companies’ strategic vision to bring innovative solutions that drive healthcare organizations forward. By combining the strengths of CSI Companies with MedSys Group, service delivery for our healthcare IT clients will be even greater.

“We are thrilled to welcome MedSys Group to the CSI family,” said Chris Flakus, CEO at CSI Companies.

“This acquisition bridges the gap in healthcare organizations and provides our clients with the right tools and strategies to increase operational efficiencies and the quality of patient care.”

Alan Kravitz, CEO at MedSys Group, added, “This unification will enable us to offer our clients a broader range of services and resources. We share a common commitment to excellence, innovation, and customer satisfaction, making this a natural fit.”

About CSI Companies

CSI Companies is a leading workforce solutions provider headquartered in Jacksonville, Florida. Founded in 1994, CSI Companies has expanded over the years to include a comprehensive range of services for diverse healthcare organizations. CSI Companies was acquired by Recruit Holdings in 2010, one of the world’s largest providers of HR services and the parent company of Indeed and Glassdoor. As a boutique division of Recruit, CSI has the resources necessary to scale with any enterprise, yet is small enough to maintain the agility, personal service, and remarkable experience it’s become known for since its founding.

About MedSys Group

Founded in 1995, MedSys Group is a leading Healthcare IT consulting firm driven by a passion for improving patient care. Specializing in solving complex healthcare IT challenges and aligning optimal solutions between organizations, patients, and communities, Medsys is dedicated to closing the gaps between IT systems and patient care. The team at Medsys Group defines its success by the success of its clients, fostering strong relationships, and partnering with some of the nation’s top healthcare companies.

Shared Values

Both CSI Companies and MedSys Group share a strong commitment to:

Customer Focus: Delivering exceptional value and exceeding client expectations.Innovation: Embracing cutting-edge solutions to drive business growth.Collaboration: Fostering strong partnerships with clients and employees.Excellence: Striving for the highest standards of quality and service.

To learn more visit CSICOMPANIES.COM

Media Contact Information

Samantha Sotter

Director of Marketing

ssotter@csicompanies.com

904.930.4388

Media Contact

Naomi Fraser, CSI Companies, 1 904.930.4388, nfraser@csicompanies.com, https://csicompanies.com/

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SOURCE CSI Companies

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