How big is the Meal Replacement Market market?

The meal replacement market market size is estimated to grow at $$ 5794.79 mn in 2024-2028. <a href='https://www.technavio.com/report/meal-replacement-market-industry-analysis'>Read More</a>

Which segment accounted for the largest Meal Replacement Market market share?

Market segmentation by product (Powdered products, Edible bars, Ready-to-drink, and Others), distribution channel (Offline, Online, APAC, South America, and MEA), and geography (North America, Europe, .... <a href='https://www.technavio.com/report/meal-replacement-market-industry-analysis'>Read More</a>

Who are the key players in the Meal Replacement Market market?

Abbott Laboratories, Atkins Nutritionals Inc., Blue Diamond Growers, Bobs Red Mill Natural Foods Inc., Cambridge Commodities Ltd., Conagra Brands Inc., Glanbia plc, Healthy N Fit .... <a href='https://www.technavio.com/report/meal-replacement-market-industry-analysis'>Read More</a>

What are the factors driving the Meal Replacement Market market?

The key factors driving the meal replacement market market growth are: Health benefits associated with meal replacement products Growing popularity of .... <a href='https://www.technavio.com/report/meal-replacement-market-industry-analysis'>Read More</a>

Meal Replacement Market Analysis North America, Europe, APAC, South America, Middle East and Africa - US, Canada, China, Germany, UK - Size and Forecast 2024-2028

Published: Nov 2023
Pages: 170
SKU: IRTNTR71108

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Meal Replacement Market Size 2024-2028

The meal replacement market size is forecast to increase by USD 5.8 billion at a CAGR of 6.94% between 2023 and 2028. The market is experiencing significant growth due to the increasing health issues, such as cardiac arrest, obesity, and sedentary lifestyles, driving the demand for convenient and healthy living options. Meal replacement products, including protein bars, shakes, and ready-to-drink beverages, have gained popularity as they offer a quick and nutritious alternative to traditional packaged foods and processed snacks. However, the lack of awareness about meal replacement products and their benefits remains a challenge for market growth. Consumers are increasingly turning to online shopping platforms for convenience and a wider selection, while offline retailers continue to cater to those who prefer a more traditional shopping experience. Overall, the market is poised for continued growth as consumers seek out nutritious and convenient options to support their health and wellness goals.

1 Executive Summary

1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Distribution Channel
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis
- Exhibit 13: Market segments

3.3 Market size 2023

3.4 Market outlook: Forecast for 2023-2028
- Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global meal replacement market 2018 - 2022
- Exhibit 18: Historic Market Size – Data Table on global meal replacement market 2018 - 2022 ($ million)

4.2 Product Segment Analysis 2018 - 2022
- Exhibit 19: Historic Market Size – Product Segment 2018 - 2022 ($ million)

4.3 Distribution Channel Segment Analysis 2018 - 2022
- Exhibit 20: Historic Market Size – Distribution Channel Segment 2018 - 2022 ($ million)

4.4 Geography Segment Analysis 2018 - 2022
- Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ million)

4.5 Country Segment Analysis 2018 - 2022
- Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2023 and 2028

5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028

5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028

5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028

5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028

5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028

5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Product

6.1 Market segments
- Exhibit 30: Chart on Product - Market share 2023-2028 (%)
- Exhibit 31: Data Table on Product - Market share 2023-2028 (%)

6.2 Comparison by Product
- Exhibit 32: Chart on Comparison by Product
- Exhibit 33: Data Table on Comparison by Product

6.3 Powdered products - Market size and forecast 2023-2028
- Exhibit 34: Chart on Powdered products - Market size and forecast 2023-2028 ($ million)
- Exhibit 35: Data Table on Powdered products - Market size and forecast 2023-2028 ($ million)
- Exhibit 36: Chart on Powdered products - Year-over-year growth 2023-2028 (%)
- Exhibit 37: Data Table on Powdered products - Year-over-year growth 2023-2028 (%)

6.4 Edible bars - Market size and forecast 2023-2028
- Exhibit 38: Chart on Edible bars - Market size and forecast 2023-2028 ($ million)
- Exhibit 39: Data Table on Edible bars - Market size and forecast 2023-2028 ($ million)
- Exhibit 40: Chart on Edible bars - Year-over-year growth 2023-2028 (%)
- Exhibit 41: Data Table on Edible bars - Year-over-year growth 2023-2028 (%)

6.5 Ready-to-drink - Market size and forecast 2023-2028
- Exhibit 42: Chart on Ready-to-drink - Market size and forecast 2023-2028 ($ million)
- Exhibit 43: Data Table on Ready-to-drink - Market size and forecast 2023-2028 ($ million)
- Exhibit 44: Chart on Ready-to-drink - Year-over-year growth 2023-2028 (%)
- Exhibit 45: Data Table on Ready-to-drink - Year-over-year growth 2023-2028 (%)

6.6 Others - Market size and forecast 2023-2028
- Exhibit 46: Chart on Others - Market size and forecast 2023-2028 ($ million)
- Exhibit 47: Data Table on Others - Market size and forecast 2023-2028 ($ million)
- Exhibit 48: Chart on Others - Year-over-year growth 2023-2028 (%)
- Exhibit 49: Data Table on Others - Year-over-year growth 2023-2028 (%)

6.7 Market opportunity by Product
- Exhibit 50: Market opportunity by Product ($ million)
- Exhibit 51: Data Table on Market opportunity by Product ($ million)

7 Market Segmentation by Distribution Channel

7.1 Market segments
- Exhibit 52: Chart on Distribution Channel - Market share 2023-2028 (%)
- Exhibit 53: Data Table on Distribution Channel - Market share 2023-2028 (%)

7.2 Comparison by Distribution Channel
- Exhibit 54: Chart on Comparison by Distribution Channel
- Exhibit 55: Data Table on Comparison by Distribution Channel

7.3 Offline - Market size and forecast 2023-2028
- Exhibit 56: Chart on Offline - Market size and forecast 2023-2028 ($ million)
- Exhibit 57: Data Table on Offline - Market size and forecast 2023-2028 ($ million)
- Exhibit 58: Chart on Offline - Year-over-year growth 2023-2028 (%)
- Exhibit 59: Data Table on Offline - Year-over-year growth 2023-2028 (%)

7.4 Online - Market size and forecast 2023-2028
- Exhibit 60: Chart on Online - Market size and forecast 2023-2028 ($ million)
- Exhibit 61: Data Table on Online - Market size and forecast 2023-2028 ($ million)
- Exhibit 62: Chart on Online - Year-over-year growth 2023-2028 (%)
- Exhibit 63: Data Table on Online - Year-over-year growth 2023-2028 (%)

7.5 Market opportunity by Distribution Channel
- Exhibit 64: Market opportunity by Distribution Channel ($ million)
- Exhibit 65: Data Table on Market opportunity by Distribution Channel ($ million)

8 Customer Landscape

8.1 Customer landscape overview
- Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Exhibit 67: Chart on Market share by geography 2023-2028 (%)
- Exhibit 68: Data Table on Market share by geography 2023-2028 (%)

9.2 Geographic comparison
- Exhibit 69: Chart on Geographic comparison
- Exhibit 70: Data Table on Geographic comparison

9.3 North America - Market size and forecast 2023-2028
- Exhibit 71: Chart on North America - Market size and forecast 2023-2028 ($ million)
- Exhibit 72: Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Exhibit 73: Chart on North America - Year-over-year growth 2023-2028 (%)
- Exhibit 74: Data Table on North America - Year-over-year growth 2023-2028 (%)

9.4 Europe - Market size and forecast 2023-2028
- Exhibit 75: Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Exhibit 76: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Exhibit 77: Chart on Europe - Year-over-year growth 2023-2028 (%)
- Exhibit 78: Data Table on Europe - Year-over-year growth 2023-2028 (%)

9.5 APAC - Market size and forecast 2023-2028
- Exhibit 79: Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Exhibit 80: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Exhibit 81: Chart on APAC - Year-over-year growth 2023-2028 (%)
- Exhibit 82: Data Table on APAC - Year-over-year growth 2023-2028 (%)

9.6 South America - Market size and forecast 2023-2028
- Exhibit 83: Chart on South America - Market size and forecast 2023-2028 ($ million)
- Exhibit 84: Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Exhibit 85: Chart on South America - Year-over-year growth 2023-2028 (%)
- Exhibit 86: Data Table on South America - Year-over-year growth 2023-2028 (%)

9.7 Middle East and Africa - Market size and forecast 2023-2028
- Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)

9.8 US - Market size and forecast 2023-2028
- Exhibit 91: Chart on US - Market size and forecast 2023-2028 ($ million)
- Exhibit 92: Data Table on US - Market size and forecast 2023-2028 ($ million)
- Exhibit 93: Chart on US - Year-over-year growth 2023-2028 (%)
- Exhibit 94: Data Table on US - Year-over-year growth 2023-2028 (%)

9.9 Germany - Market size and forecast 2023-2028
- Exhibit 95: Chart on Germany - Market size and forecast 2023-2028 ($ million)
- Exhibit 96: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
- Exhibit 97: Chart on Germany - Year-over-year growth 2023-2028 (%)
- Exhibit 98: Data Table on Germany - Year-over-year growth 2023-2028 (%)

9.10 Canada - Market size and forecast 2023-2028
- Exhibit 99: Chart on Canada - Market size and forecast 2023-2028 ($ million)
- Exhibit 100: Data Table on Canada - Market size and forecast 2023-2028 ($ million)
- Exhibit 101: Chart on Canada - Year-over-year growth 2023-2028 (%)
- Exhibit 102: Data Table on Canada - Year-over-year growth 2023-2028 (%)

9.11 UK - Market size and forecast 2023-2028
- Exhibit 103: Chart on UK - Market size and forecast 2023-2028 ($ million)
- Exhibit 104: Data Table on UK - Market size and forecast 2023-2028 ($ million)
- Exhibit 105: Chart on UK - Year-over-year growth 2023-2028 (%)
- Exhibit 106: Data Table on UK - Year-over-year growth 2023-2028 (%)

9.12 China - Market size and forecast 2023-2028
- Exhibit 107: Chart on China - Market size and forecast 2023-2028 ($ million)
- Exhibit 108: Data Table on China - Market size and forecast 2023-2028 ($ million)
- Exhibit 109: Chart on China - Year-over-year growth 2023-2028 (%)
- Exhibit 110: Data Table on China - Year-over-year growth 2023-2028 (%)

9.13 Market opportunity by geography
- Exhibit 111: Market opportunity by geography ($ million)
- Exhibit 112: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges
- Exhibit 113: Impact of drivers and challenges in 2023 and 2028

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape
- Exhibit 114: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption
- Exhibit 115: Overview on factors of disruption

11.4 Industry risks
- Exhibit 116: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
- Exhibit 117: Vendors covered

12.2 Market positioning of vendors
- Exhibit 118: Matrix on vendor position and classification

12.3 Abbott Laboratories
- Exhibit 119: Abbott Laboratories - Overview
- Exhibit 120: Abbott Laboratories - Business segments
- Exhibit 121: Abbott Laboratories - Key news
- Exhibit 122: Abbott Laboratories - Key offerings
- Exhibit 123: Abbott Laboratories - Segment focus

12.4 Atkins Nutritionals Inc.
- Exhibit 124: Atkins Nutritionals Inc. - Overview
- Exhibit 125: Atkins Nutritionals Inc. - Product / Service
- Exhibit 126: Atkins Nutritionals Inc. - Key offerings

12.5 Blue Diamond Growers
- Exhibit 127: Blue Diamond Growers - Overview
- Exhibit 128: Blue Diamond Growers - Product / Service
- Exhibit 129: Blue Diamond Growers - Key offerings

12.6 Conagra Brands Inc.
- Exhibit 130: Conagra Brands Inc. - Overview
- Exhibit 131: Conagra Brands Inc. - Business segments
- Exhibit 132: Conagra Brands Inc. - Key news
- Exhibit 133: Conagra Brands Inc. - Key offerings
- Exhibit 134: Conagra Brands Inc. - Segment focus

12.7 Glanbia plc
- Exhibit 135: Glanbia plc - Overview
- Exhibit 136: Glanbia plc - Business segments
- Exhibit 137: Glanbia plc - Key offerings
- Exhibit 138: Glanbia plc - Segment focus

12.8 Healthy N Fit International Inc.
- Exhibit 139: Healthy N Fit International Inc. - Overview
- Exhibit 140: Healthy N Fit International Inc. - Product / Service
- Exhibit 141: Healthy N Fit International Inc. - Key offerings

12.9 Herbalife International of America Inc.
- Exhibit 142: Herbalife International of America Inc. - Overview
- Exhibit 143: Herbalife International of America Inc. - Product / Service
- Exhibit 144: Herbalife International of America Inc. - Key offerings

12.10 ITOCHU Corp.
- Exhibit 145: ITOCHU Corp. - Overview
- Exhibit 146: ITOCHU Corp. - Business segments
- Exhibit 147: ITOCHU Corp. - Key offerings
- Exhibit 148: ITOCHU Corp. - Segment focus

12.11 Kellogg Co.
- Exhibit 149: Kellogg Co. - Overview
- Exhibit 150: Kellogg Co. - Business segments
- Exhibit 151: Kellogg Co. - Key news
- Exhibit 152: Kellogg Co. - Key offerings
- Exhibit 153: Kellogg Co. - Segment focus

12.12 Natures Bounty
- Exhibit 154: Natures Bounty - Overview
- Exhibit 155: Natures Bounty - Product / Service
- Exhibit 156: Natures Bounty - Key offerings

12.13 Nestle SA
- Exhibit 157: Nestle SA - Overview
- Exhibit 158: Nestle SA - Business segments
- Exhibit 159: Nestle SA - Key news
- Exhibit 160: Nestle SA - Key offerings
- Exhibit 161: Nestle SA - Segment focus

12.14 Nutiva Inc.
- Exhibit 162: Nutiva Inc. - Overview
- Exhibit 163: Nutiva Inc. - Product / Service
- Exhibit 164: Nutiva Inc. - Key offerings

12.15 NutroActive Industries Pvt. Ltd.
- Exhibit 165: NutroActive Industries Pvt. Ltd. - Overview
- Exhibit 166: NutroActive Industries Pvt. Ltd. - Product / Service
- Exhibit 167: NutroActive Industries Pvt. Ltd. - Key offerings

12.16 The Kraft Heinz Co.
- Exhibit 168: The Kraft Heinz Co. - Overview
- Exhibit 169: The Kraft Heinz Co. - Business segments
- Exhibit 170: The Kraft Heinz Co. - Key offerings
- Exhibit 171: The Kraft Heinz Co. - Segment focus

12.17 Unilever PLC
- Exhibit 172: Unilever PLC - Overview
- Exhibit 173: Unilever PLC - Business segments
- Exhibit 174: Unilever PLC - Key news
- Exhibit 175: Unilever PLC - Key offerings
- Exhibit 176: Unilever PLC - Segment focus

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist
- Exhibit 177: Inclusions checklist
- Exhibit 178: Exclusions checklist

13.3 Currency conversion rates for US$
- Exhibit 179: Currency conversion rates for US$

13.4 Research methodology
- Exhibit 180: Research methodology
- Exhibit 181: Validation techniques employed for market sizing
- Exhibit 182: Information sources