Meal Replacement Products Market in Asia Pacific to grow at 8.1% CAGR during the during the forecast period (2019-2025) - KBV Research

30-Nov-2019 | Report Format: Electronic (PDF)

Growth, Trends and Report Highlights

According to a new report Asia Pacific Meal Replacement Products Market, published by KBV Research, the Asia Pacific Meal Replacement Products Market size is expected to grow at a market growth of 8.1% CAGR during the forecast period.

The China market dominated the Asia Pacific Meal Replacement Products Market by Country 2018, thereby, achieving a market value of $2,051.4 million by 2025, growing at a CAGR of 5.9 % during the forecast period. The Japan market is expected to witness a CAGR of 9.1% during (2019 - 2025). Additionally, The India market is expected to witness a CAGR of 9% during (2019 - 2025).

The Powder market registered the largest market share in the China Meal Replacement Products Market by Product 2018, thereby, attaining a market size of $1,220.2 million by 2025, growing at a CAGR of 5.5 % during the forecast period. The Ready to Drink market is anticipated to experience a CAGR of 6.4% during (2019 - 2025). Additionally, The Powder market is predicted to experience a CAGR of 5.5% during (2019 - 2025).

The Offline market would reach a market value of $1,110.9 million by 2025, rising at a CAGR of 8.8 % during the forecast period. The Online market is forecasted to witness a CAGR of 11.3% during (2019 - 2025).

Based on Product, the market is segmented into Powder, Ready to Drink and Protein Bar. Based on Distribution Channel, the market is segmented into Online and Offline. The report also covers geographical segmentation of Meal Replacement Products market. The countries included in the report are China, Japan, India, South Korea, Singapore, Malaysia and Rest of Asia Pacific.

Structural Insights: https://www.kbvresearch.com/asia-pacific-meal-replacement-products-market/

Key companies profiled in the report include Abbott Laboratories (Abbott Nutrition), Glanbia PLC, General Mills, Inc., Bob’s Red Mill Natural Foods, Inc., Unilever PLC, Nestle S.A., Herbalife International Inc., Kellogg Company, The Kraft Heinz Company and Blue Diamond Growers, Inc.