The Business Research Company’s report goes into great detail on the meal replacement market size and growth, meal replacement market regional analysis, meal replacement market competitive landscape, and other critical information needed to excel in the meal replacement industry.

Major players in the meal replacement market include Abbott Laboratories, Amway Corp., Atkins, Blue Diamond Growers, General Mills Inc., Glanbia plc, Herbalife Nutrition Ltd, Huel Ltd., Kellogg Company, Nestle SA, The Kraft Heinz Company, Unilever plc, Usana Health Sciences Inc., GlaxoSmithKline plc., SlimFast, Nu Skin Enterprises Inc., and Bob’s Red Mill Natural Foods.

TBRC’s comprehensive market report based on extensive research will assist you in seamlessly devising your approaches in order to match key market player strategies.

The global meal replacement market size is expected to grow from $14.68 billion in 2021 to $16.02 billion in 2022 at a compound annual growth rate (CAGR) of 9.1%. The global meal substitute market size is expected to grow to $20.63 billion in 2026 at a CAGR of 6.5%.

North America was the largest region in the meal replacement market in 2021.

The meal replacement market consists of sales of meal replacement products by entities (organizations, sole traders, and partnerships) that are used as a substitute for solid foods that contain the required quantities of calories and nutrients for the body. Meal replacement refers to a protein and nutrient-enriched product intended to replace a meal. These are available in powdered drink form or as ready-made drinks.

The increasing prevalence of obesity and diabetes is expected to propel the growth of the meal replacement market going forward.

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Innovation in meal replacement products is a key trend gaining popularity in the meal replacement market. Companies in the meal replacement industry are forming various partnerships to develop new technologies and launch new products.

TBRC’s global meal replacement market report is segmented:
By Product: Powdered Products, Edible Bars, Ready-to-Drink, Others

By Application: Weight Gain, Weight Loss, Physical Fitness, Wound Healing, Others

By Distribution Channel: Offline, Hypermarkets and Supermarkets, Convenience Stores, Online, Others

By Geography: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

The Meal Replacement Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides an overview of the meal replacement market globally and regionally, analyzes and forecasts market size, share, meal replacement market players, meal replacement market segments, leading competitor revenues, profiles and market shares.

Here Is A List Of Similar Reports From The Business Research Company:

Food Encapsulation Global Market Report 2022

Ready Meals Global Market Report 2022

Meal Kit Global Market Report 2022

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