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  • Published In : Mar 2024
  • Code : CMI6771
  • Pages : 135
  • Formats :
      Excel and PDF
  • Industry : Consumer Goods
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The global meal replacement market has been gaining significant traction over the past few years due to rising health consciousness among individuals and growing preference for nutritious and convenient food options. Meal replacements offer a balanced mix of proteins, vitamins, minerals, and fiber that helps support weight management and maintenance of overall well-being. The busy lifestyles and hectic schedules leave little time for proper home-cooked meals, favoring the demand for meal replacement items that can be easily prepared and consumed on the go. Moreover, the increasing prevalence of obesity and lifestyle diseases has encouraged people to adopt healthier diets comprising high-protein, low-calorie meal replacement products. All these factors coupled with aggressive marketing campaigns by key players are expected to drive the meal replacement market.

 Market Dynamics:

The global meal replacement market has been witnessing massive growth globally driven by several factors. The rising prevalence of obesity around the world due to sedentary lifestyles and unhealthy eating habits has boosted the demand for low-calorie meal alternatives. Furthermore, changing consumer preferences toward nutritional convenience foods and growing health consciousness are significantly propelling the market. Changing demographics and busy schedules have provided a fillip to the working population's shift towards nutritious yet convenient meal replacement options. However, the availability of alternatives like diet snacks and juices and perception of meal replacements being expensive are factors restraining the market growth. Meanwhile, the rising popularity of plant-based and organic meal replacement products is opening promising opportunities for market players.

 Key features of the study:

  • This report provides in-depth analysis of the global meal replacement market and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year.
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
  • It profiles key players in the global meal replacement market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
  • Key companies covered as a part of this study include Abbott Laboratories, Amway, Atkins, Blue Diamond Growers, General Mills, Glanbia Plc, Herbalife Nutrition, Huel, Kellogg Co., Nestle, Nu Skin Enterprises, Inc., Slimfast, Soylent, Unilever, Usana Health Sciences Inc., Wild Oats Markets., Zoic Pharmaceuticals, Laboratoire PYC, Bariatrix Europe, and Kisan Products
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
  • The global meal replacement market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.

Market Segmentation

  • Product Type:
    • Nutritional Bars
    • Powdered Products
    • Ready-to-drink Products
    • Other Product Types
  • Distribution Channel:
    • Convenience Stores
    • Hypermarkets/Supermarkets
    • Specialty Stores
    • Online Retailers
    • Other Distribution Channels
  • Regional:
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East & Africa
  • Company Profiles:
    • Abbott Laboratories
    • Amway
    • Atkins
    • Blue Diamond Growers
    • General Mills
    • Glanbia Plc
    • Herbalife Nutrition
    • Huel
    • Kellogg Co.
    • Nestle
    • Nu Skin Enterprises, Inc.
    • Slimfast
    • Soylent
    • Unilever
    • Usana Health Sciences Inc.
    • Wild Oats Markets.
    • Zoic Pharmaceuticals
    • Laboratoire PYC
    • Bariatrix Europe
    • Kisan Products

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Product Type
      • Market Snippet, By Distribution Channel
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
    • PEST Analysis
    • PORTER’s Five Forces Analysis
    • Market Opportunities
    • Regulatory Scenario
    • Key Developments
    • Industry Trend
  4. Global Meal Replacement Market - Impact of Coronavirus (COVID-19) Pandemic
    • Overview
    • Factors Affecting Global Meal Replacement Market – COVID-19
    • Impact Analysis
  5. Global Meal Replacement Market, By Product Type, 2019-2031 (US$ Bn)
    • Introduction
      • Market Share Analysis, 2024, 2027, and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
    • Nutritional Bars
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
    • Powdered Products
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
    • Ready-to-drink Products
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
    • Other Product Types
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
  6. Global Meal Replacement Market, By Distribution Channel, 2019-2031 (US$ Bn)
    • Convenience Stores
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
    • Hypermarkets/Supermarkets
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
    • Specialty Stores
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
    • Online Retailers
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
    • Other Distribution Channels
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
  7. Global Meal Replacement Market, By Region, 2019-2031 (US$ Bn)
    • Introduction
      • Market Share Analysis, By Region, 2024, 2027, and 2031 (%)
      • Y-o-Y Growth Analysis, For Region, 2019 - 2031
    • North America
      • Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2031
      • Market Size and Forecast, By Product Type, 2019- 2031 (US$ Bn)
      • Market Size and Forecast, By Distribution Channel, 2019- 2031 (US$ Bn)
      • Countries
        • U.S.
        • Canada
    • Latin America
      • Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2031
      • Market Size and Forecast, By Product Type, 2019- 2031 (US$ Bn)
      • Market Size and Forecast, By Distribution Channel, 2019- 2031 (US$ Bn)
      • Countries
        • Brazil
        • Argentina
        • Mexico
        • Rest of Latin America
    • Europe
      • Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2031
      • Market Size and Forecast, By Product, 2019- 2031 (US$ Bn)
      • Market Size and Forecast, By Distribution Channel, 2019- 2031 (US$ Bn)
      • Countries
        • U.K.
        • Germany
        • Italy
        • France
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2031
      • Market Size and Forecast, By Product, 2019- 2031 (US$ Bn)
      • Market Size and Forecast, By Distribution Channel, 2019- 2031 (US$ Bn)
      • Countries
        • China
        • India
        • Japan
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Middle East & Africa
      • Market Share Analysis, By Region/Country, 2024, 2027 and 2031 (%)
      • Y-o-Y Growth Analysis, By Region/Country, 2019 - 2031
      • Market Size and Forecast, By Product, 2019- 2031 (US$ Bn)
      • Market Size and Forecast, By Distribution Channel, 2019- 2031 (US$ Bn)
      • Sub-Regions/Countries
        • GCC Countries
        • Israel
        • Rest of Middle East & Africa
  8. Competitive Landscape
    • Heat Map Analysis
    • Market Share Analysis (3x3 Matrix)
    • Company Profiles
      • Kimberley-Clark Corporation
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • Abbott Laboratories
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • Amway
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • Atkins
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • Blue Diamond Growers
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • General Mills
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • Glanbia Plc
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • Herbalife Nutrition
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • Huel
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • Kellogg Co.
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • Nestle
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • Nu Skin Enterprises, Inc.
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • Slimfast
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • Soylent
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • Unilever
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • Usana Health Sciences Inc.
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • Wild Oats Markets.
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • Zoic Pharmaceuticals
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • Laboratoire PYC
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • Bariatrix Europe
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • Kisan Products
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
  9. Analyst Recommendation
    • Wheel of Fortune
    • Analyst View
    • Coherent Opportunity Map
  10. Section
    • References
    • Research Methodology
    • About Us and Sales Contact

* Browse 50 market data tables* and 40 figures* on “Global Meal Replacement Market” - forecast to 2031.

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