The meal vouchers and employee benefit solutions market share is estimated to grow at a CAGR of 4% between 2021 and 2026. The size of the market is forecast to increase by USD 16.69 billion. The meal vouchers and employee benefit solutions market will witness a YOY of 3.16% in 2022.
“Tax benefits of meal vouchers and shift toward digital meal vouchers and employee benefit solutions will boost the market growth”, says a senior analyst at Technavio.
Browse Technavio's 120-page report and in-depth TOC on "Meal Vouchers and Employee Benefit Solutions Market by application (meal vouchers and employee benefits) and geography (Europe, South America, APAC, North America, and Middle East and Africa).
View detailed Table of Contents Here: https://www.technavio.com/report/meal-vouchers-and-employee-benefit-solutions-market-size-industry-analysis
The meal vouchers and employee benefit solutions market share growth by the meal vouchers segment will be significant during the forecast period. The segment growth is majorly driven by tax exemption benefits provided under the tax regime. Europe will contribute 39% of the growth rate during the forecast period. 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.
Some of the key meal vouchers and employee benefit solutions market vendors are 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.
Some of the Vendor Offerings are:
edenred.com- The company offers Meal and Gift Cards, with benefits like online ordering and value-added services.
Emburse Inc.- Under the unified segment, the company offers fully-integrated expense management and AP automation solutions designed to connect end-users and administrators.
Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact on the market in focus. Download the PDF Sample Report
The meal vouchers and employee benefit solutions market report covers in-depth information about key vendors and their product offerings.
The key driver, trends and challenges, market opportunities, and the detailed market impact analysis
Five force analysis to analyze the potential of buyers and suppliers and the competitive industry scenario.
Meal vouchers and employee benefit solutions industry across Europe, South America, APAC, North America, and Middle East and Africa.