by, Claire on, Mar 19, 2019 Business From Home Idea's Healthy Fast Food Businesses. Popular Subscription Box Idea's Business Opportunities.
Food is definitely on the agenda, not just because we can’t live without it but because we are often rather obsessed with it. The act of trying and cooking new foods is definitely alive and well but the desire to want to provide good food and meal choices for our families is opening up a business opportunity for anyone that gets it just right.
Subscription boxes are becoming more popular, whether that be Pet Subscription Boxes, beauty boxes or Food and recipes, they are a convenient way to get what we need and because they have now improved so much, the market is improving and increasing.
The rise in Meal subscription boxes has happened subtly but happened never the less and we are much more likely now to speak to someone that has them on a regular basis. Hellofresh, Mindful Chef and Gousto are the main providers at the moment and they have all doubled their sales in the past year. In America Recipe Kits are a billion Dollar market and have been for some time but here in the UK, we are quickly catching up.
We have in the past largely viewed recipe subscription boxes as a luxury but they have so much more to offer. As a business opportunity, you have to first price and plan your recipe’s throughout the week and make sure your subscription boxes are competitive when we compare the money spent on the weekly shop. Many have found they save money, rather than purchase food they don’t cook, they purchase much less and spend more on Recipe Boxes which provide a full meal we would normally purchase the ingredients for.
Any business idea has to have the structure right but even the big supermarkets have realized that recipe kits are definitely on the agenda and are trying to capitalize this by providing them also. Any business opportunity that wants to enter this market must work around some really important principles, healthy, value for money and convenient. If you get that right, you would be entering a market that has masses of potential.