Meal Voucher Market

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $4,850	160 Pages	Fortune Business Insights Pvt. Ltd.	October, 2024	FOB19260782

Best Price Guarantee
Price	from $4,850
Length	160 Pages
Publisher	Fortune Business Insights Pvt. Ltd.
Published Date	October, 2024
SKU	FOB19260782

Meal Voucher Market

Growth Factors of Meal Voucher Market

The global meal voucher market size was valued at USD 65.57 billion in 2022 and is projected to grow from USD 67.91 billion in 2023 to USD 105.56 billion by 2030, exhibiting a CAGR of 6.5% during the forecast period of 2024-2032.

The pandemic improved the shift to virtual meal vouchers as far-off work decreased demand for paper-based alternatives. Providers tailored with cell and online answers, boosting digitalization and versatility inside the market, impeding the meal voucher market growth.

The Meal Voucher Market is pushed through the shift to digital bills, developing worker welfare tasks, tax incentives, and the rising demand for bendy meal advantages in far-off and hybrid work settings.

Digital meal vouchers have become increasingly popular, offering convenience and performance. These vouchers are accessible through cell apps or online structures, eliminating the desire for physical vouchers and streamlining the redemption method, expanding the meal voucher market share globally. This cashless technique reduces administrative fees and provides greater flexibility for personnel and employers. Digital meal vouchers give a contemporary and handy solution for employee benefits and assist neighborhood companies.

Comprehensive Analysis of Meal Voucher Market

The Meal Voucher Market is segmented into book and digital playing cards based on product type. The digital card phase is anticipated to dominate due to employers' enormous adoption of digital vouchering solutions and the growing popularity of digital meal coupons through online food delivery offerings. For example, structures like Eat have begun processing orders through virtual coupons. However, the e-book playing cards segment is also predicted to develop as some employers pick paper-based total vouchers to avoid fact theft and cellphone community problems associated with virtual alternatives.

The European region led the meal voucher market by benefitting a size of USD 24.92 billion in 2022 due to the tax advantages and a growing quantity of mid-sized organizations inside the U.K., Belgium, and the Netherlands prefer providing meal vouchers to their employees.

The leading players in the Meal Voucher Market significantly influence its growth trajectory and set industry standards. These key players, including Edenred SA (France), The Up Group (France), Sodexo Group (France), Alelo (Brazil), Asinta (U.S.), Axis Bank Limited (India), Cinqo Group (Bahrain), Circula GmbH (Germany), CIRFOOD International (Italy), Emburse, Inc. (U.S.), Monizze Nv SA (Belgium), Rakuten Group Inc. (Japan), SPENDIT AG (Germany), Swile (France), and Unum Group (U.S.), contribute to a competitive landscape, driving innovation and market advancement.

In July 2023, Alelo partnered with WeWork to increase its Alelo Workpass workplace voucher services throughout WeWork’s business enterprise community in Argentina, Mexico, Colombia, and Chile.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2017-2030

Base Year 2022

Estimated Year 2023

Forecast Period 2023-2030

Historical Period 2017-2021

Growth Rate The market is growing at a CAGR of 6.5% during 2023-2030

Unit Value (USD Billion)

Segmentation By Product Type

Book Card

Digital Card

By Geography

North America (By Product Type and By Country)

U.S. (By Product Type)
Canada (By Product Type)
Mexico (By Product Type)

Europe (By Product Type and By Country)

Germany (By Product Type)
France (By Product Type)
Italy (By Product Type)
Spain (By Product Type)
U.K. (By Product Type)
Russia (By Product Type)
Austria (By Product Type)
Rest of Europe (By Product Type)

Asia-Pacific (By Product Type and By Country)

China (By Product Type)
India (By Product Type)
Japan (By Product Type)
Australia (By Product Type)
Rest of Asia-Pacific (By Product Type)

South America (By Product Type and By Country)

Brazil (By Product Type)
Argentina (By Product Type)
Rest of South America (By Product Type)

The Middle East & Africa (By Product Type and By Country)

South Africa (By Product Type)
UAE (By Product Type)
Rest of the Middle East & Africa (By Product Type)

Please Note:

1. Introduction: 1.1. Research Scope; 1.2. Market Segmentation; 1.3. Research Methodology; 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics: 3.1. Market Drivers; 3.2. Market Restraints; 3.3. Market Opportunities; 3.4. Emerging Trends
4. Key Insights: 4.1. Overview of the Parent/Related Markets; 4.2. Industry SWOT Analysis; 4.3. Supply Chain and Regulatory Analysis; 4.4. Recent Industry Developments - Policies, Partnerships, New Product Launches, and Mergers & Acquisitions; 4.5. Qualitative Analysis (in relation to COVID-19); 4.5.1. Impact of COVID-19; 4.5.2. Supply Chain Challenges; 4.5.3. Potential Opportunities due to COVID-19
5. Global Meal Voucher Market Analysis, Insights and Forecast, 2019-2030: 5.1. Key Findings / Summary; 5.2. Market Size Estimates and Forecast; 5.2.1. By Product Type (Value); 5.2.1.1. Book Card; 5.2.1.2. Digital Card; 5.2.2. By Region (Value); 5.2.2.1. North America; 5.2.2.2. Europe; 5.2.2.3. Asia Pacific; 5.2.2.4. South America; 5.2.2.5. Middle East & Africa
6. North America Meal Voucher Market Analysis, Insights and Forecast, 2019-2030: 6.1. Key Findings / Summary; 6.2. Market Size Estimates and Forecast; 6.2.1. By Product Type (Value); 6.2.1.1. Book Card; 6.2.1.2. Digital Card; 6.2.2. By Country (Value); 6.2.2.1. U.S.; 6.2.2.1.1. By Product Type (Value); 6.2.2.1.1.1. Book Card; 6.2.2.1.1.2. Digital Card; 6.2.2.2. Canada; 6.2.2.2.1. By Product Type (Value); 6.2.2.2.1.1. Book Card; 6.2.2.2.1.2. Digital Card; 6.2.2.3. Mexico; 6.2.2.3.1. By Product Type (Value); 6.2.2.3.1.1. Book Card; 6.2.2.3.1.2. Digital Card
7. Europe Meal Voucher Market Analysis, Insights and Forecast, 2019-2030: 7.1. Key Findings / Summary; 7.2. Market Size Estimates and Forecast; 7.2.1. By Product Type (Value); 7.2.1.1. Book Card; 7.2.1.2. Digital Card; 7.2.2. By Country (Value); 7.2.2.1. Germany; 7.2.2.1.1. By Product Type (Value); 7.2.2.1.1.1. Book Card; 7.2.2.1.1.2. Digital Card; 7.2.2.2. France; 7.2.2.2.1. By Product Type (Value); 7.2.2.2.1.1. Book Card; 7.2.2.2.1.2. Digital Card; 7.2.2.3. Italy; 7.2.2.3.1. By Product Type (Value); 7.2.2.3.1.1. Book Card; 7.2.2.3.1.2. Digital Card; 7.2.2.4. U.K.; 7.2.2.4.1. By Product Type (Value); 7.2.2.4.1.1. Book Card; 7.2.2.4.1.2. Digital Card; 7.2.2.5. Spain; 7.2.2.5.1. By Product Type (Value); 7.2.2.5.1.1. Book Card; 7.2.2.5.1.2. Digital Card; 7.2.2.6. Russia; 7.2.2.6.1. By Product Type (Value); 7.2.2.6.1.1. Book Card; 7.2.2.6.1.2. Digital Card; 7.2.2.7. Austria; 7.2.2.7.1. By Product Type (Value); 7.2.2.7.1.1. Book Card; 7.2.2.7.1.2. Digital Card; 7.2.2.8. Rest of Europe; 7.2.2.8.1. By Product Type (Value); 7.2.2.8.1.1. Book Card; 7.2.2.8.1.2. Digital Card
8. Asia Pacific Meal Voucher Market Analysis, Insights and Forecast, 2019-2030: 8.1. Key Findings / Summary; 8.2. Market Size Estimates and Forecast; 8.2.1. By Product Type (Value); 8.2.1.1. Book Card; 8.2.1.2. Digital Card; 8.2.2. By Country (Value); 8.2.2.1. China; 8.2.2.1.1. By Product Type (Value); 8.2.2.1.1.1. Book Card; 8.2.2.1.1.2. Digital Card; 8.2.2.2. India; 8.2.2.2.1. By Product Type (Value); 8.2.2.2.1.1. Book Card; 8.2.2.2.1.2. Digital Card; 8.2.2.3. Japan; 8.2.2.3.1. By Product Type (Value); 8.2.2.3.1.1. Book Card; 8.2.2.3.1.2. Digital Card; 8.2.2.4. Australia; 8.2.2.4.1. By Product Type (Value); 8.2.2.4.1.1. Book Card; 8.2.2.4.1.2. Digital Card; 8.2.2.5. Rest of Asia Pacific; 8.2.2.5.1. By Product Type (Value); 8.2.2.5.1.1. Book Card; 8.2.2.5.1.2. Digital Card
9. South America Meal Voucher Market Analysis, Insights and Forecast, 2019-2030: 9.1. Key Findings / Summary; 9.2. Market Size Estimates and Forecast; 9.2.1. By Product Type (Value); 9.2.1.1. Book Card; 9.2.1.2. Digital Card; 9.2.2. By Country (Value); 9.2.2.1. Brazil; 9.2.2.1.1. By Product Type (Value); 9.2.2.1.1.1. Book Card; 9.2.2.1.1.2. Digital Card; 9.2.2.2. Argentina; 9.2.2.2.1. By Product Type (Value); 9.2.2.2.1.1. Book Card; 9.2.2.2.1.2. Digital Card; 9.2.2.3. Rest of South America; 9.2.2.3.1. By Product Type (Value); 9.2.2.3.1.1. Book Card; 9.2.2.3.1.2. Digital Card
10. Middle East & Africa Meal Voucher Market Analysis, Insights and Forecast, 2019-2030: 10.1. Key Findings / Summary; 10.2. Market Size Estimates and Forecast; 10.2.1. By Product Type (Value); 10.2.1.1. Book Card; 10.2.1.2. Digital Card; 10.2.2. By Country (Value); 10.2.2.1. South Africa; 10.2.2.1.1. By Product Type (Value); 10.2.2.1.1.1. Book Card; 10.2.2.1.1.2. Digital Card; 10.2.2.2. UAE; 10.2.2.2.1. By Product Type (Value); 10.2.2.2.1.1. Book Card; 10.2.2.2.1.2. Digital Card; 10.2.2.3. Rest of Middle East & Africa; 10.2.2.3.1. By Product Type (Value); 10.2.2.3.1.1. Book Card; 10.2.2.3.1.2. Digital Card
11. Competitive Matrix: 11.1. Business Strategies Adopted by Leading Players; 11.2. Global Meal Voucher Market Revenue Share/Ranking Analysis, By Key Manufacturer, 2022
12. Company Profiles: 12.1. Edenred SA; 12.1.1. Overview; 12.1.2. Description; 12.1.3. Product Type Portfolio; 12.1.4. Financials (Data as available in public domain and/or on paid databases); 12.1.5. Recent Developments; 12.2. The Up Group; 12.2.1. Overview; 12.2.2. Description; 12.2.3. Product Type Portfolio; 12.2.4. Financials (Data as available in public domain and/or on paid databases); 12.2.5. Recent Developments; 12.3. Sodexo Group; 12.3.1. Overview; 12.3.2. Description; 12.3.3. Product Type Portfolio; 12.3.4. Financials (Data as available in public domain and/or on paid databases); 12.3.5. Recent Developments; 12.4. Alelo; 12.4.1. Overview; 12.4.2. Description; 12.4.3. Product Type Portfolio; 12.4.4. Financials (Data as available in public domain and/or on paid databases); 12.4.5. Recent Developments; 12.5. Asinta; 12.5.1. Overview; 12.5.2. Description; 12.5.3. Product Type Portfolio; 12.5.4. Financials (Data as available in public domain and/or on paid databases); 12.5.5. Recent Developments; 12.6. Axis Bank Limited; 12.6.1. Overview; 12.6.2. Description; 12.6.3. Product Type Portfolio; 12.6.4. Financials (Data as available in public domain and/or on paid databases); 12.6.5. Recent Developments; 12.7. Cinqo Group; 12.7.1. Overview; 12.7.2. Description; 12.7.3. Product Type Portfolio; 12.7.4. Financials (Data as available in public domain and/or on paid databases); 12.7.5. Recent Developments; 12.8. Circula GmbH; 12.8.1. Overview; 12.8.2. Description; 12.8.3. Product Type Portfolio; 12.8.4. Financials (Data as available in public domain and/or on paid databases); 12.8.5. Recent Developments; 12.9. CIRFOOD International; 12.9.1. Overview; 12.9.2. Description; 12.9.3. Product Type Portfolio; 12.9.4. Financials (Data as available in public domain and/or on paid databases); 12.9.5. Recent Developments; 12.10. Emburse, Inc.; 12.10.1. Overview; 12.10.2. Description; 12.10.3. Product Type Portfolio; 12.10.4. Financials (Data as available in public domain and/or on paid databases); 12.10.5. Recent Developments; 12.11. Monizze Nv SA; 12.11.1. Overview; 12.11.2. Description; 12.11.3. Product Type Portfolio; 12.11.4. Financials (Data as available in public domain and/or on paid databases); 12.11.5. Recent Developments; 12.12. Rakuten Group Inc.; 12.12.1. Overview; 12.12.2. Description; 12.12.3. Product Type Portfolio; 12.12.4. Financials (Data as available in public domain and/or on paid databases); 12.12.5. Recent Developments; 12.13. SPENDIT AG; 12.13.1. Overview; 12.13.2. Description; 12.13.3. Product Type Portfolio; 12.13.4. Financials (Data as available in public domain and/or on paid databases); 12.13.5. Recent Developments; 12.14. Swile; 12.14.1. Overview; 12.14.2. Description; 12.14.3. Product Type Portfolio; 12.14.4. Financials (Data as available in public domain and/or on paid databases); 12.14.5. Recent Developments; 12.15. Unum Group; 12.15.1. Overview; 12.15.2. Description; 12.15.3. Product Type Portfolio; 12.15.4. Financials (Data as available in public domain and/or on paid databases); 12.15.5. Recent Developments
13. Strategic Recommendations