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Market Research Report
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1068701

Global Meal Vouchers and Employee Benefit Solutions Market 2022-2026

Published: | TechNavio (Infiniti Research Ltd.) | 120 Pages | Delivery time: 1-2 business days

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Global Meal Vouchers and Employee Benefit Solutions Market 2022-2026
Published: April 6, 2022
TechNavio (Infiniti Research Ltd.)
Content info: 120 Pages
Delivery time: 1-2 business days
  • Description
  • Table of Contents

Technavio has been monitoring the meal vouchers and employee benefit solutions market and it is poised to grow by $ 16.69 bn during 2022-2026 progressing at a CAGR of 4% during the forecast period. Our report on meal vouchers and employee benefit solutions market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by tax benefits of meal vouchers, growing employment rates, and active participation of banks.

The meal vouchers and employee benefit solutions market analysis includes the application segment and geographic landscape.

Technavio's meal vouchers and employee benefit solutions market is segmented as below:

By Application

  • Meal vouchers
  • Employee benefits

By Geographical Landscape

  • Europe
  • South America
  • APAC
  • North America
  • Middle East and Africa

This study identifies the shift toward digital meal vouchers and employee benefit solutions as one of the prime reasons driving the meal vouchers and employee benefit solutions market growth during the next few years. Also, rise in venture capital investment in employee benefit solution and strategic partnerships with meal kit delivery vendors will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on meal vouchers and employee benefit solutions market covers the following areas:

  • Meal vouchers and employee benefit solutions market sizing
  • Meal vouchers and employee benefit solutions market forecast
  • Meal vouchers and employee benefit solutions market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading meal vouchers and employee benefit solutions market vendors that include Alelo, Axis Bank Ltd., Cinqo Group, Edenred SA, Electrum Fintech Solutions Pvt. Ltd., Emburse Inc., Hrmony GmbH, ICICI Bank Ltd., Monizze NV SA, One Obopay Mobile Technology India Pvt. Ltd., PayPal Holdings Inc., Set Corporate Services Inc., Sodexo Group, SPENDIT AG, SWILE SAS, UniCredit SpA, Up Group, VA Tech Ventures Pvt Ltd., VR Beneficios, and Zaggle Prepaid Ocean Services Pvt. Ltd. Also, the meal vouchers and employee benefit solutions market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR43013

Table of Contents

1. Executive Summary

2. Market Landscape

  • 2.1 Market ecosystem
  • Exhibit 01: Parent market
    • 2.2: Market Characteristics

3. Market Sizing

  • 3.1 Market definition
  • Exhibit 02: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
  • Exhibit 03: Market segments
  • 3.3 Market size 2020
  • 3.4 Market outlook: Forecast for 2020 - 2025
  • Exhibit 04: Chart on Global - Market size and forecast 2021-2026 ($ million)
  • Exhibit 05: Data Table on Global - Market size and forecast 2021-2026 ($ million)
  • Exhibit 06: Chart on Global Market: Year-over-year growth 2021-2026 (%)
  • Exhibit 07: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4. Five Forces Analysis

  • 4.1 Five Forces Summary
  • Exhibit 08: Five forces analysis 2020 & 2025
  • 4.2 Bargaining power of buyers
  • 4.3 Bargaining power of suppliers
  • 4.4 Threat of new entrants
  • 4.5 Threat of substitutes
  • 4.6 Threat of rivalry
  • 4.7 Market condition
  • Exhibit 09: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Application

  • 5.1 Market segments
    • The segments covered in this chapter are Meal vouchers and Employee benefits.
  • Exhibit 10: Chart on Application - Market share 2021-2026 (%)
  • Exhibit 11: Data Table on Application - Market share 2021-2026 (%)
  • 5.2 Comparison by Application
  • Exhibit 12: Chart on Comparison by Application
  • Exhibit 13: Data Table on Comparison by Application
  • 5.3 Meal vouchers - Market size and forecast 2021-2026
  • Exhibit 14: Chart on Meal vouchers - Market size and forecast 2021-2026 ($ million)
  • Exhibit 15: Data Table on Meal vouchers - Market size and forecast 2021-2026 ($ million)
  • Exhibit 16: Chart on Meal vouchers - Year-over-year growth 2021-2026 (%)
  • Exhibit 17: Data Table on Meal vouchers - Year-over-year growth 2021-2026 (%)
  • 5.4 Employee benefits - Market size and forecast 2021-2026
  • Exhibit 18: Chart on Employee benefits - Market size and forecast 2021-2026 ($ million)
  • Exhibit 19: Data Table on Employee benefits - Market size and forecast 2021-2026 ($ million)
  • Exhibit 20: Chart on Employee benefits - Year-over-year growth 2021-2026 (%)
  • Exhibit 21: Data Table on Employee benefits - Year-over-year growth 2021-2026 (%)
  • 5.5 Market opportunity by Application
  • Exhibit 22: Market opportunity by Application ($ million)

6 Customer Landscape

  • 6.1 Customer landscape overview
  • Exhibit 23: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation
  • Exhibit 24: Chart on Market share By Geographical Landscape 2021-2026 (%)
  • Exhibit 25: Data Table on Market share By Geographical Landscape 2021-2026 (%)
  • 7.2 Geographic comparison
  • Exhibit 26: Chart on Geographic comparison
  • 7.3 Europe - Market size and forecast 2021-2026
  • Exhibit 27: Chart on Europe - Market size and forecast 2021-2026 ($ million)
  • Exhibit 28: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
  • Exhibit 29: Chart on Europe - Year-over-year growth 2021-2026 (%)
  • Exhibit 30: Data Table on Europe - Year-over-year growth 2021-2026 (%)
  • 7.4 South America - Market size and forecast 2021-2026
  • Exhibit 31: Chart on South America - Market size and forecast 2021-2026 ($ million)
  • Exhibit 32: Data Table on South America - Market size and forecast 2021-2026 ($ million)
  • Exhibit 33: Chart on South America - Year-over-year growth 2021-2026 (%)
  • Exhibit 34: Data Table on South America - Year-over-year growth 2021-2026 (%)
  • 7.5 APAC - Market size and forecast 2021-2026
  • Exhibit 35: Chart on APAC - Market size and forecast 2021-2026 ($ million)
  • Exhibit 36: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
  • Exhibit 37: Chart on APAC - Year-over-year growth 2021-2026 (%)
  • Exhibit 38: Data Table on APAC - Year-over-year growth 2021-2026 (%)
  • 7.6 North America - Market size and forecast 2021-2026
  • Exhibit 39: Chart on North America - Market size and forecast 2021-2026 ($ million)
  • Exhibit 40: Data Table on North America - Market size and forecast 2021-2026 ($ million)
  • Exhibit 41: Chart on North America - Year-over-year growth 2021-2026 (%)
  • Exhibit 42: Data Table on North America - Year-over-year growth 2021-2026 (%)
  • 7.7 Middle East and Africa - Market size and forecast 2021-2026
  • Exhibit 43: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
  • Exhibit 44: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
  • Exhibit 45: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
  • Exhibit 46: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
  • 7.8 Brazil - Market size and forecast 2021-2026
  • Exhibit 47: Chart on Brazil - Market size and forecast 2021-2026 ($ million)
  • Exhibit 48: Data Table on Brazil - Market size and forecast 2021-2026 ($ million)
  • Exhibit 49: Chart on Brazil - Year-over-year growth 2021-2026 (%)
  • Exhibit 50: Data Table on Brazil - Year-over-year growth 2021-2026 (%)
  • 7.9 France - Market size and forecast 2021-2026
  • Exhibit 51: Chart on France - Market size and forecast 2021-2026 ($ million)
  • Exhibit 52: Data Table on France - Market size and forecast 2021-2026 ($ million)
  • Exhibit 53: Chart on France - Year-over-year growth 2021-2026 (%)
  • Exhibit 54: Data Table on France - Year-over-year growth 2021-2026 (%)
  • 7.10 Italy - Market size and forecast 2021-2026
  • Exhibit 55: Chart on Italy - Market size and forecast 2021-2026 ($ million)
  • Exhibit 56: Data Table on Italy - Market size and forecast 2021-2026 ($ million)
  • Exhibit 57: Chart on Italy - Year-over-year growth 2021-2026 (%)
  • Exhibit 58: Data Table on Italy - Year-over-year growth 2021-2026 (%)
  • 7.11 Japan - Market size and forecast 2021-2026
  • Exhibit 59: Chart on Japan - Market size and forecast 2021-2026 ($ million)
  • Exhibit 60: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
  • Exhibit 61: Chart on Japan - Year-over-year growth 2021-2026 (%)
  • Exhibit 62: Data Table on Japan - Year-over-year growth 2021-2026 (%)
  • 7.12 Spain - Market size and forecast 2021-2026
  • Exhibit 63: Chart on Spain - Market size and forecast 2021-2026 ($ million)
  • Exhibit 64: Data Table on Spain - Market size and forecast 2021-2026 ($ million)
  • Exhibit 65: Chart on Spain - Year-over-year growth 2021-2026 (%)
  • Exhibit 66: Data Table on Spain - Year-over-year growth 2021-2026 (%)
  • 7.13 Market opportunity By Geographical Landscape
  • Exhibit 67: Market opportunity By Geographical Landscape ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
    • 8.1.1 Tax benefits of meal vouchers
    • 8.1.2 Growing employment rates
    • 8.1.3 Active participation of banks
  • 8.2 Market challenges
    • 8.2.1 Data privacy and security issues
    • 8.2.2 Alternative ways to save on tax
    • 8.2.3 Advocacy against meal voucher companies
  • 8.3 Impact of drivers and challenges
  • Exhibit 68: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends
    • 8.4.1 Shift toward digital meal vouchers and employee benefit solutions
    • 8.4.2 Rise in venture capital investment in employee benefit solution
    • 8.4.3 Strategic partnerships with meal kit delivery vendors

9. Vendor Landscape

  • 9.1 Competitive scenario
  • 9.2 Vendor landscape
  • Exhibit 69: Vendor Landscape
  • 9.3 Landscape disruption
  • Exhibit 70: Landscape disruption
  • 9.4 Industry risks
  • Exhibit 71: Industry risks

10. Vendor Analysis

  • 10.1 Vendors covered
  • Exhibit 72: Vendors covered
  • 10.2 Market positioning of vendors
  • Exhibit 73: Matrix on vendor position and classification
  • 10.3 Alelo
  • Exhibit 74: Alelo - Overview
  • Exhibit 75: Alelo - Product / Service
  • Exhibit 76: Alelo - Key offerings
  • 10.4 Axis Bank Ltd.
  • Exhibit 77: Axis Bank Ltd. - Overview
  • Exhibit 78: Axis Bank Ltd. - Business segments
  • Exhibit 79: Axis Bank Ltd. - Key offerings
  • Exhibit 80: Axis Bank Ltd. - Segment focus
  • 10.5 Cinqo Group
  • Exhibit 81: Cinqo Group - Overview
  • Exhibit 82: Cinqo Group - Product / Service
  • Exhibit 83: Cinqo Group - Key offerings
  • 10.6 Edenred SA
  • Exhibit 84: Edenred SA - Overview
  • Exhibit 85: Edenred SA - Business segments
  • Exhibit 86: Edenred SA - Key offerings
  • Exhibit 87: Edenred SA - Segment focus
  • 10.7 Emburse Inc.
  • Exhibit 88: Emburse Inc. - Overview
  • Exhibit 89: Emburse Inc. - Product / Service
  • Exhibit 90: Emburse Inc. - Key offerings
  • 10.8 Monizze NV SA
  • Exhibit 91: Monizze NV SA - Overview
  • Exhibit 92: Monizze NV SA - Product / Service
  • Exhibit 93: Monizze NV SA - Key offerings
  • 10.9 Sodexo Group
  • Exhibit 94: Sodexo Group - Overview
  • Exhibit 95: Sodexo Group - Business segments
  • Exhibit 96: Sodexo Group - Key offerings
  • Exhibit 97: Sodexo Group - Segment focus
  • 10.10 SPENDIT AG
  • Exhibit 98: SPENDIT AG - Overview
  • Exhibit 99: SPENDIT AG - Product / Service
  • Exhibit 100: SPENDIT AG - Key offerings
  • 10.11 Up Group
  • Exhibit 101: Up Group - Overview
  • Exhibit 102: Up Group - Product / Service
  • Exhibit 103: Up Group - Key offerings
  • 10.12 VR Beneficios
  • Exhibit 104: VR Beneficios - Overview
  • Exhibit 105: VR Beneficios - Product / Service
  • Exhibit 106: VR Beneficios - Key offerings

11. Appendix

  • 11.1 Scope of the report
    • 11.1.1 Market definition
    • 11.1.2 Objectives
    • 11.1.3 Notes and caveats
  • 11.2 Currency conversion rates for US$
  • Exhibit 107: Currency conversion rates for US$
  • 11.3 Research Methodology
  • Exhibit 108: Research Methodology
  • Exhibit 109: Validation techniques employed for market sizing
  • Exhibit 110: Information sources

Exhibits

  • Exhibits1: Executive Summary - Chart on Market Overview
  • Exhibits2: Executive Summary - Data Table on Market Overview
  • Exhibits3: Executive Summary - Chart on Global Market Characteristics
  • Exhibits4: Executive Summary - Chart on Market By Geographical Landscape
  • Exhibits5: Executive Summary - Chart on Market Segmentation by Application
  • Exhibits6: Executive Summary - Chart on Incremental Growth
  • Exhibits7: Executive Summary - Data Table on Incremental Growth
  • Exhibits8: Executive Summary - Chart on Vendor Market Positioning
  • Exhibits9: Parent market
  • Exhibits10: Market Characteristics
  • Exhibits11: Offerings of vendors included in the market definition
  • Exhibits12: Market segments
  • Exhibits13: Chart on Global - Market size and forecast 2021-2026 ($ million)
  • Exhibits14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
  • Exhibits15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
  • Exhibits16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
  • Exhibits17: Five forces analysis - Comparison between 2021 and 2026
  • Exhibits18: Bargaining power of buyers - Impact of key factors in 2021 and 2026
  • Exhibits19: Bargaining power of suppliers - Impact of key factors in 2021 and 2026
  • Exhibits20: Threat of new entrants - Impact of key factors in 2021 and 2026
  • Exhibits21: Threat of substitutes - Impact of key factors in 2021 and 2026
  • Exhibits22: Threat of rivalry - Impact of key factors in 2021 and 2026
  • Exhibits23: Chart on Market condition - Five forces 2021 and 2026
  • Exhibits24: Chart on Application - Market share 2021-2026 (%)
  • Exhibits25: Data Table on Application - Market share 2021-2026 (%)
  • Exhibits26: Chart on Comparison by Application
  • Exhibits27: Data Table on Comparison by Application
  • Exhibits28: Chart on Meal vouchers - Market size and forecast 2021-2026 ($ million)
  • Exhibits29: Data Table on Meal vouchers - Market size and forecast 2021-2026 ($ million)
  • Exhibits30: Chart on Meal vouchers - Year-over-year growth 2021-2026 (%)
  • Exhibits31: Data Table on Meal vouchers - Year-over-year growth 2021-2026 (%)
  • Exhibits32: Chart on Employee benefits - Market size and forecast 2021-2026 ($ million)
  • Exhibits33: Data Table on Employee benefits - Market size and forecast 2021-2026 ($ million)
  • Exhibits34: Chart on Employee benefits - Year-over-year growth 2021-2026 (%)
  • Exhibits35: Data Table on Employee benefits - Year-over-year growth 2021-2026 (%)
  • Exhibits36: Market opportunity by Application ($ million)
  • Exhibits37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • Exhibits38: Chart on Market share By Geographical Landscape 2021-2026 (%)
  • Exhibits39: Data Table on Market share By Geographical Landscape 2021-2026 (%)
  • Exhibits40: Chart on Geographic comparison
  • Exhibits41: Data Table on Geographic comparison
  • Exhibits42: Chart on Europe - Market size and forecast 2021-2026 ($ million)
  • Exhibits43: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
  • Exhibits44: Chart on Europe - Year-over-year growth 2021-2026 (%)
  • Exhibits45: Data Table on Europe - Year-over-year growth 2021-2026 (%)
  • Exhibits46: Chart on South America - Market size and forecast 2021-2026 ($ million)
  • Exhibits47: Data Table on South America - Market size and forecast 2021-2026 ($ million)
  • Exhibits48: Chart on South America - Year-over-year growth 2021-2026 (%)
  • Exhibits49: Data Table on South America - Year-over-year growth 2021-2026 (%)
  • Exhibits50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
  • Exhibits51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
  • Exhibits52: Chart on APAC - Year-over-year growth 2021-2026 (%)
  • Exhibits53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
  • Exhibits54: Chart on North America - Market size and forecast 2021-2026 ($ million)
  • Exhibits55: Data Table on North America - Market size and forecast 2021-2026 ($ million)
  • Exhibits56: Chart on North America - Year-over-year growth 2021-2026 (%)
  • Exhibits57: Data Table on North America - Year-over-year growth 2021-2026 (%)
  • Exhibits58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
  • Exhibits59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
  • Exhibits60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
  • Exhibits61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
  • Exhibits62: Chart on Brazil - Market size and forecast 2021-2026 ($ million)
  • Exhibits63: Data Table on Brazil - Market size and forecast 2021-2026 ($ million)
  • Exhibits64: Chart on Brazil - Year-over-year growth 2021-2026 (%)
  • Exhibits65: Data Table on Brazil - Year-over-year growth 2021-2026 (%)
  • Exhibits66: Chart on France - Market size and forecast 2021-2026 ($ million)
  • Exhibits67: Data Table on France - Market size and forecast 2021-2026 ($ million)
  • Exhibits68: Chart on France - Year-over-year growth 2021-2026 (%)
  • Exhibits69: Data Table on France - Year-over-year growth 2021-2026 (%)
  • Exhibits70: Chart on Italy - Market size and forecast 2021-2026 ($ million)
  • Exhibits71: Data Table on Italy - Market size and forecast 2021-2026 ($ million)
  • Exhibits72: Chart on Italy - Year-over-year growth 2021-2026 (%)
  • Exhibits73: Data Table on Italy - Year-over-year growth 2021-2026 (%)
  • Exhibits74: Chart on Japan - Market size and forecast 2021-2026 ($ million)
  • Exhibits75: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
  • Exhibits76: Chart on Japan - Year-over-year growth 2021-2026 (%)
  • Exhibits77: Data Table on Japan - Year-over-year growth 2021-2026 (%)
  • Exhibits78: Chart on Spain - Market size and forecast 2021-2026 ($ million)
  • Exhibits79: Data Table on Spain - Market size and forecast 2021-2026 ($ million)
  • Exhibits80: Chart on Spain - Year-over-year growth 2021-2026 (%)
  • Exhibits81: Data Table on Spain - Year-over-year growth 2021-2026 (%)
  • Exhibits82: Market opportunity By Geographical Landscape ($ million)
  • Exhibits83: Impact of drivers and challenges in 2021 and 2026
  • Exhibits84: Overview on Criticality of inputs and Factors of differentiation
  • Exhibits85: Overview on factors of disruption
  • Exhibits86: Impact of key risks on business
  • Exhibits87: Vendors covered
  • Exhibits88: Matrix on vendor position and classification
  • Exhibits89: Alelo - Overview
  • Exhibits90: Alelo - Product / Service
  • Exhibits91: Alelo - Key offerings
  • Exhibits92: Axis Bank Ltd. - Overview
  • Exhibits93: Axis Bank Ltd. - Business segments
  • Exhibits94: Axis Bank Ltd. - Key offerings
  • Exhibits95: Axis Bank Ltd. - Segment focus
  • Exhibits96: Cinqo Group - Overview
  • Exhibits97: Cinqo Group - Product / Service
  • Exhibits98: Cinqo Group - Key offerings
  • Exhibits99: Edenred SA - Overview
  • Exhibits100: Edenred SA - Business segments
  • Exhibits101: Edenred SA - Key offerings
  • Exhibits102: Edenred SA - Segment focus
  • Exhibits103: Emburse Inc. - Overview
  • Exhibits104: Emburse Inc. - Product / Service
  • Exhibits105: Emburse Inc. - Key offerings
  • Exhibits106: Monizze NV SA - Overview
  • Exhibits107: Monizze NV SA - Product / Service
  • Exhibits108: Monizze NV SA - Key offerings
  • Exhibits109: Sodexo Group - Overview
  • Exhibits110: Sodexo Group - Business segments
  • Exhibits111: Sodexo Group - Key offerings
  • Exhibits112: Sodexo Group - Segment focus
  • Exhibits113: SPENDIT AG - Overview
  • Exhibits114: SPENDIT AG - Product / Service
  • Exhibits115: SPENDIT AG - Key offerings
  • Exhibits116: Up Group - Overview
  • Exhibits117: Up Group - Product / Service
  • Exhibits118: Up Group - Key offerings
  • Exhibits119: VR Beneficios - Overview
  • Exhibits120: VR Beneficios - Product / Service
  • Exhibits121: VR Beneficios - Key offerings
  • Exhibits122: Inclusions checklist
  • Exhibits123: Exclusions checklist
  • Exhibits124: Currency conversion rates for US$
  • Exhibits125: Research methodology
  • Exhibits126: Validation techniques employed for market sizing
  • Exhibits127: Information sources
  • Exhibits128: List of abbreviations