Read Free Sample Report to explore growth opportunities in the meal replacement market.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments.
The report also covers the following areas:
Meal Replacement Market 2021-2025: Segmentation
- Product
- Powdered Products
- Edible Bars
- Ready-to-drink
- Others
- Geography
- North America
- Europe
- APAC
- South America
- MEA
Download a Free Sample to learn about the contribution of each segment of the market
Meal Replacement Market 2021-2025: Vendor Analysis and Scope
To help businesses improve their market position, the meal replacement market provides a detailed analysis of around 25 vendors operating in the market. Some of these vendors include Abbott Laboratories, Blue Diamond Growers, Dole Packaged Foods LLC, Glanbia Plc, Healthy N Fit International Inc., Herbalife Nutrition Ltd., Kellogg Co., Nestle SA, The Kraft Heinz Co., and Unilever Group.
The health benefits associated with meal replacement products, expansion of e-commerce, and the growing demand for ready-to-eat products will offer immense growth opportunities. However, the lack of awareness about meal replacement products will hamper the market growth.
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Drivers and Trends
The growth of the meal replacement market size is expected to be driven by health benefits associated with meal replacement products. The number of clubs and fitness centers is increasing across the world. This is leading to a rise in the demand for food and beverage with essential nutrients, vitamins, minerals, and high protein, especially among health-conscious consumers. Meal replacement products with these nutrients help in weight loss and are preferred by fitness enthusiasts. The growing demand for ready-to-eat products will also drive the growth of the meal replacement market during the forecast period. The popularity of these products is increasing as they require minimal time and effort to prepare and consume. Hence, the demand for such products is also driven by an increase in the number of working women.
Meal Replacement Market 2021-2025: Key Highlights
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will assist meal replacement market growth during the next five years
- Estimation of the meal replacement market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the meal replacement market
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of meal replacement market vendors
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- Milk Protein Concentrates Market: The milk protein concentrates market has been segmented by product (dairy products, nutritional products, and others) and geography (North America, Europe, APAC, South America, and MEA). Download Free Sample Report
Meal Replacement Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.40% |
Market growth 2021-2025 |
USD 4.49 billion |
Market structure |
Fragmented |
YoY growth (%) |
6.25 |
Regional analysis |
North America, Europe, APAC, South America, and MEA |
Performing market contribution |
North America at 36% |
Key consumer countries |
US, China, Japan, Germany, and Brazil |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Abbott Laboratories, Blue Diamond Growers, Dole Packaged Foods LLC, Glanbia Plc, Healthy N Fit International Inc., Herbalife Nutrition Ltd., Kellogg Co., Nestle SA, The Kraft Heinz Co., and Unilever Group |
Market Dynamics |
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
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