Thanks to the pandemic restrictions on dining out, the home meal delivery sector exploded in popularity.
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According to Grand View Research, demand for home delivery soared from $1.4 billion in 2016 to $10.6 billion in 2020 alone.
Research shows the trend is continuing, with strong growth expected over the coming months and years.
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But one company in particular — Home Bistro (HBIS) — is now posting explosive rates of growth, thanks to its deployment of ingenious food technology...
...And a brilliant business model that allows today’s popular celebrity chefs to market themselves while serving up tasty profits for Home Bistro (HBIS) shareholders.
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As the current red-hot growth pace continues, major food companies and retail investors alike will be placing bets on the names best-positioned to become the next big takeout targets.
And they’re almost sure to gravitate towards Home Bistro (HBIS).
Because not only is this a ready-to-eat home delivery service with recipes inspired by celebrity chefs…
…It’s also the fast-rising sector leader enjoying explosive growth right now — with both orders and revenues nearly tripling.
So what’s behind this extraordinary rate of growth?
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Gourmet Cuisine Delivered To Your Door
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Unlike some of the other home delivery companies out there, Home Bistro’s meals are developed by food industry experts.
Simply put, the company uses cutting-edge food technology to deliver fresh, celebrity-chef recipes as they’re meant to be.
Other home-delivery companies may be efficient, but consumers have knocked them (and rightfully so) for the monotony of their menus and sub-par quality.
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| Home Bistro (HBIS) is a leading online platform that provides for the creation, production and distribution of direct-to-consumer, ready-to-eat, chef-inspired gourmet meals. |
Home Bistro (HBIS) is taking a different tack, employing the talents of celebrity chefs like “Iron Chef” Cat Cora to deliver gourmet quality meals that are ready to eat in minutes.
All consumers have to do with home-delivered Home Bistro (HBIS) meals is heat, plate and enjoy.
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A Menu Inspired By An Expanding
Roster Of Celebrity Chefs
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Featuring custom-selected Cat Cora entrees like harissa-roasted lamb, asiago orzo, sauteed spinach and braised maitake mushrooms, Home Bistro (HBIS) customers are highly likely to be repeat customers.
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For the non-foodies out there, Cora is a world-renowned chef, restauranteur and television host and a graduate of the Culinary Institute of America.
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She was the first female chef on Iron Chef, spending 10 seasons on the show. Since then she has edited Bon Appetit magazine and opened numerous restaurants.
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Celebrity chef Cat Cora brings her “Southern Greek” brand of cuisine to
Home Bistro’s high-end home meal delivery service |
Cora signed on with Home Bistro (HBIS) in 2020 to bring her “Southern Greek” recipes to Home Bistro’s customers.
And the company hasn’t stopped there — in 2021 it has continued to grow its celebrity chef roster with these key additions:
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• Dania Falk: Author of “The Hungry Fan’s Game Day Cookbook,” Falk has signed on to create a “best of tailgating” Hungry Fan menu inspired by the crowd-pleasing dishes served up in the parking lots of America’s sporting events
• Roble Ali: “Caterer to the Stars” Roble Ali has served his unique brand of “street food” to celebrity clients like Rihanna and Leonardo DiCaprio.
• Claudia Sandoval: Chef Claudia is bringing her special take on Mexican food to Home Bistro’s ready-made meal service. Sandoval was the winner of the sixth season of MasterChef U.S. and runs “Claudia’s Cocina,” a successful culinary consulting and catering company.
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As you can see, Home Bistro (HBIS) is dead-set on developing restaurant-quality, ready-to-eat meals that make consumers’ mouths water…and keep them coming back for more.
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Home Bistro (HBIS) Plays For The Lucrative
Baby Boomer Market
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While most meal delivery services have found their customers in the 50-and-under set, Baby Boomers, the wealthiest generational cohort, have largely stayed on the sidelines.
No doubt, memories of cardboard-tasting TV dinners from their childhoods have kept this age group from fully embracing the home food delivery concept.
Given many of those services’ relatively monotonous offerings, it’s easy to see why they’ve been reticent.
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But with its tasty, haute-cuisine recipes delivered vacuum-packed and ready-to-eat, Home Bistro (HBIS) is going after this well-heeled demographic with a vengeance.
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As the company continues to diversify its menu by adding more celebrity chefs to its roster, Home Bistro (HBIS) is poised to dominate the high-end home meal delivery sector.
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Invest Near The Start Of
Home Bistro’s Amazing Growth Curve
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Best of all for us as investors, Home Bistro (HBIS) is just now starting to hit the most lucrative part of its growth curve.
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Consider this: Revenues have grown by 289% and 198%, respectively, in Q4 2020 and Q1 2021.
Moreover, online orders tripled in Q1 2021 compared to Q1 2020.
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A strategic marketing plan is now in full swing, and Home Bistro’s growing list of celebrity chefs puts it in the driver’s seat to consolidate the high-end, ready-to-eat end of the home meal delivery sector.
With the sector as a whole slated to grow by 13% over the next eight years, now is a great time to consider adding Home Bistro (HBIS) to your portfolio.
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