According to a new report Global Meal Replacement Products Market, published by KBV Research, The Global Meal Replacement Market size is expected to reach $24.8 billion by 2025, rising at a market growth of 6.9% CAGR during the forecast period.
The North America market dominated the Global Meal Replacement Products Market by Region 2018, thereby, achieving a market value of $9,636.5 million by 2025, growing at a CAGR of 6.2 % during the forecast period. The Asia Pacific market is expected to witness a CAGR of 8.1% during (2019 - 2025). Additionally, The Europe market is expected to witness a CAGR of 6.5% during (2019 - 2025).
The Powder market contributed the highest revenue share to the Global Meal Replacement Products Market by Product 2018, thereby, growing at a CAGR of 6.6 % during the forecast period. The Ready to Drink market is anticipated to experience a CAGR of 7.4% during (2019 - 2025). Additionally, The Powder market is anticipated to witness a CAGR of 6.6% during (2019 - 2025). The Offline market would reach a market size of $21,352 million by 2025, rising at a CAGR of 6.6 % during the forecast period. The Online market is estimated to witness a CAGR of 3,503.7% 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 geographies included in the report are North America, Europe, Asia Pacific, and Latin America, Middle East & Africa. For the better analysis, the geographies are segmented into countries.
Structural Insights: https://www.kbvresearch.com/meal-replacement-products-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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.
By Product
By Distribution Channel
By Geography
Companies Profiled
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