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Meal Vouchers and Employee Benefit Solutions Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2022-2026

  • Published: Apr 2022
  • Pages: 120
  • SKU: IRTNTR43013
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The meal vouchers and employee benefit solutions market share is expected to increase by USD 16.69 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 4%.

This meal vouchers and employee benefit solutions market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers meal vouchers and employee benefit solutions market segmentations by application (meal vouchers and employee benefits) and geography (Europe, South America, APAC, North America, and Middle East and Africa). The meal vouchers and employee benefit solutions market report also offers information on several market vendors, including 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. among others.

What will the Meal Vouchers and Employee Benefit Solutions Market Size be During the Forecast Period?

Meal Vouchers and Employee Benefit Solutions Market Size

Download the Free Report Sample to Unlock the Meal Vouchers and Employee Benefit Solutions Market Size for the Forecast Period and Other Important Statistics

 

Meal Vouchers and Employee Benefit Solutions Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The tax benefits of meal vouchers is notably driving the meal vouchers and employee benefit solutions market growth, although factors such as data privacy and security issues may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the meal vouchers and employee benefit solutions industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Meal Vouchers and Employee Benefit Solutions Market Driver

The tax benefits of meal vouchers is one of the key drivers supporting the meal vouchers and employee benefit solutions market growth. Companies, organizations, or employers who provide meal vouchers, food coupons, or prepaid meal cards as part of employees' salary structure are exempt from tax in most countries worldwide. In 2016, according to the Ministry of Labour and Social Welfare, Brazil, 20 million employees benefited from PAT in the country. In India, the number of meal vouchers that an employee avails of is not included in the taxable salary. According to the Income Tax Department, Government of India, there are tax benefits for free food and beverages provided to employees.Free meals in excess of Rs. 50 ($0.77) per meal minus the amount paid by the These benefits and tax exemption had helped the market to grow exponentially in the past and will drive growth during the forecast period as well.

Key Meal Vouchers and Employee Benefit Solutions Market Trend

The shift toward digital meal vouchers and employee benefit solutions is one of the key meal vouchers and employee benefit solutions market trends that is contributing to the market growth. The increasing internet penetration rate in developing economies, coupled with the growing mobile Internet and smartphone adoption, has been the prime reason for the shift toward digital wallets and payment methods. Apart from this, some government organizations also provide support for the development of Internet infrastructure in various countries. For instance, the European Commission has multiple policy and financial instruments that encourage private and public investments in ultra-fast networks to enhance the Internet infrastructure. For vendors, this means new opportunities to increase their returns by innovating their products and services in tandem with the technological advancements in the industry. Favorable government policies also drive the adoption of digital payment modes. Based on the new regulations, the tax exemption limit increased to $8.96 (?8.00) from the previous $7.84 (?7.00). Such regulations also encourage employees to use electronic or digital meal vouchers during the forecast period.

Key Meal Vouchers and Employee Benefit Solutions Market Challenge

Data privacy and security issues are some of the factors hindering the meal vouchers and employee benefit solutions market growth. Businesses have benefitted significantly from technological innovations and digitization, but with benefits and opportunities come risks as well. Data theft is one major threat to the market. Mobile apps and cards offered by vendors collect and store the personal information of employees and personnel of business partners. Many vendors use commercially available security technologies to safeguard this personal data. However, any vulnerability in the servers or mobile apps could pose a threat to privacy and may impact the businesses of the major players in the market. In this age of digitization, data plays a huge role in everyday lives. Details of personal consumer information are stored and synced between all the apps. Any hacker or phishing attack can steal such important data and information if not protected properly. Therefore, vendors should ensure that all their beneficiary- and client-related data are safe and protected.

This meal vouchers and employee benefit solutions market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global meal vouchers and employee benefit solutions market as a part of the global specialized consumer services market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the meal vouchers and employee benefit solutions market during the forecast period.

Who are the Major Meal Vouchers and Employee Benefit Solutions Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • 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
  • Zaggle Prepaid Ocean Services Pvt. Ltd.

 

This statistical study of the meal vouchers and employee benefit solutions market encompasses successful business strategies deployed by the key vendors. The meal vouchers and employee benefit solutions market is fragmented and the vendors are deploying growth strategies such as acquiring smaller and regional food and catering service providers to compete in the market.

Product Insights and News

  • Emburse Inc. - Under the unified segment, the company offers fully-integrated expense management and AP automation solutions designed to connect end-users and administrators. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The meal vouchers and employee benefit solutions market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Meal Vouchers and Employee Benefit Solutions Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the meal vouchers and employee benefit solutions market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Meal Vouchers and Employee Benefit Solutions Market?

Meal Vouchers and Employee Benefit Solutions Market Market segmentation by region

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39% of the market's growth will originate from Europe during the forecast period. France, Italy, and Spain are the key markets for meal vouchers and employee benefit solutions market in Europe. Market growth in this region will be slower than the growth of the market in Europe and APAC.

The evolving buying pattern of consumers, such as the preference for making online payments and digital payment methods will facilitate the meal vouchers and employee benefit solutions market growth in Europe over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The outbreak of COVID-19 had a negative impact on the economy of the region in 2020. However, with the resumption of activities end-user activities and rapid vaccination in 2021, the demand for meal vouchers and employee benefit solutions grew further improved. Thus, the market in the region is expected to grow during the forecast period.

What are the Revenue-generating Application Segments in the Meal Vouchers and Employee Benefit Solutions Market?

Meal Vouchers and Employee Benefit Solutions Market Segmentation

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The meal vouchers and employee benefit solutions market share growth by the meal vouchers segment will be significant during the forecast period. Meal vouchers are given to employees by their employers, which can be used to buy food products from food service outlets or items from grocery stores. The segment growth is majorly driven by tax exemption benefits provided under the tax regime. Furthermore, meal vouchers are printed and distributed to employers or companies by meal voucher vendors. They charge money equivalent to issue volume in return for printing and distributing these meal vouchers to employees and charge commission from employers. They allow employees to save on tax, as many countries globally have specified tax exemptions on meal vouchers. Such factors of meal vouchers will drive market growth during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the meal vouchers and employee benefit solutions market size and actionable market insights on post COVID-19 impact on each segment.

 

Meal Vouchers and Employee Benefit Solutions Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 4%

Market growth 2022-2026

$ 16.69 billion

Market structure

Fragmented

YoY growth (%)

3.16

Regional analysis

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

Performing market contribution

Europe at 39%

Key consumer countries

Japan, France, Italy, Spain, and Brazil

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

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.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

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What are the Key Data Covered in this Meal Vouchers and Employee Benefit Solutions Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive meal vouchers and employee benefit solutions market growth during the next five years
  • Precise estimation of the meal vouchers and employee benefit solutions market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the meal vouchers and employee benefit solutions industry across Europe, South America, APAC, North America, and Middle East and Africa
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of meal vouchers and employee benefit solutions market vendors

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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 geography 2021-2026 (%)

                                Exhibit 25: Data Table on Market share by geography 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 geography            

                                Exhibit 67: Market opportunity by geography ($ 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

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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Meal Vouchers and Employee Benefit Solutions Market market growth will increase by $16.69 bn during 2022-2026.
The meal vouchers and employee benefit solutions market market is expected to grow at a CAGR of 4% during 2022-2026.
Technavio has segmented the meal vouchers and employee benefit solutions market market by application (Meal vouchers and Employee benefits) and geography (Europe, South America, APAC, North America, and Middle East and Africa).
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, Zaggle Prepaid Ocean Services Pvt. Ltd. are a few of the key vendors in the meal vouchers and employee benefit solutions market market.
Europe will register the highest growth rate of 39% among the other regions. Therefore, the meal vouchers and employee benefit solutions market market in Europe is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the meal vouchers and employee benefit solutions market market growth are:
  • tax benefits of meal vouchers
  • Shift toward digital meal vouchers and employee benefit solutions
The meal vouchers and employee benefit solutions market market vendors should focus on grabbing business opportunities from the meal vouchers segment as it accounted for the largest market share in the base year.
  • What are the key global market and the regional market share?
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  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
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  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?
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