Millennials are cooking less and less, and it could cause a crisis for America's biggest food companies - Creak News

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Millennials are cooking less and less, and it could cause a crisis for America's biggest food companies

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  • Home cooking could soon be a thing of the past, according to a new report by UBS. 
  • Platforms such as Uber Eats have made it possible for consumers to have food delivered directly from restaurants that wouldn't otherwise offer delivery, opening up more options and making ordering in more appealing. 
  • UBS said that the introduction of robots and delivery drones in the future could drive down costs and make ordering in cheaper than cooking at home.  
  • This could negatively impact US food producers, such as General Mills and Kraft Heinz, that are dependent on sales of ingredients. 

Home-cooked meals could soon become a thing of the past.

According to a recent research report done by UBS entitled "Is the Kitchen Dead?," the growth of food-delivery apps  could mean that no one does their own cooking at home in the future. 

See the rest of the story at Business Insider

NOW WATCH: Four MIT graduates created a restaurant with a robotic kitchen that cooks your food in three minutes or less

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SEE ALSO: We went to a Goodwill store and saw how it's 'overrun' with stuff millennials and Gen Xers refuse to take from their parents



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