Food Box Competition: Meal-Kit Companies Prepare To Be Eaten
Subscription-box businesses that deliver fresh food face a range of challenges, from high operational costs to low customer retention. More and more of them are seeking partnerships and acquisitions to keep their doors open.
This US$4.7 billion meal-kit business is predicted to grow to $11.6 billion by 2022. But before that happens, competition will thin the ranks of a crowded marketplace. Analysts say that the winners will be the ones who ally with much bigger players, such as Amazon and Walmart.
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