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Source: Unsplash

Unilever Invests $9.2M In New Organic Meal-Kit Service Sun Basket

By Nicole Caldwell

Unilever Ventures has made a $9.2 million investment in the at-home, organic meal kit service Sun Basket on the heels of a new study suggesting that dinner boxes are gaining popularity in kitchens throughout the United States.

Meal kit delivery services were predicted in 2016 to generate around $1.5 billion in sales here, and are expected to expand to a multi-billion market by 2020, according to market research firm Packaged Facts. Since meal kit services arrived on the market in 2012, more than 150 brands have popped up offering all the ingredients for a perfectly prepared, at-home meal. Sun Basket stands apart from its competition by including gluten-free, paleo, and vegetarian options in its organic offerings.

Source: sunbasket/Instagram