We all saw this coming. Walmart will reportedly start offering meal kit services by year end. The race is on to deliver you food.
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More deals are likely as strategics invest in the rapidly growing space. So keep an out for Chef'd, Sun Basket and other meal kits that have attracted venture funding.
While meal kits are a $2.2 billion industry in the $1.5 trillion food industry, they are bound for exponential growth, according to the food consulting firm Pentallect, which forecasts that annual growth will be in the 25% to 30% range over the next five years.
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