Meal Replacement Market in North America to grow at 6.2% CAGR during the during the forecast period (2019-2025) - KBV Research

According to a new report North America Meal Replacement Products Market, published by KBV Research, The North America Meal Replacement Market size is expected to grow at a market growth of 6.2% CAGR during the forecast period.

The US market dominated the North America Meal Replacement Products Market by Country 2018, thereby, achieving a market value of $6,491.2 million by 2025, growing at a CAGR of 5.8 % during the forecast period. The Canada market is expected to witness a CAGR of 6.6% during (2019 - 2025). Additionally, The Mexico market is expected to witness a CAGR of 8.6% during (2019 - 2025).

The Powder market registered the largest market share in the US Meal Replacement Products Market by Product 2018, thereby, growing at a CAGR of 5.4 % during the forecast period. The Ready to Drink market is anticipated to experience a CAGR of 6.3% during (2019 - 2025). Additionally, The Powder market is predicted to witness a CAGR of 5.4% during (2019 - 2025).

The Offline market would reach a market size of $1,338.7 million by 2025, rising at a CAGR of 6.2 % during the forecast period. The Online market is forecasted to grow at a growth of 8.7% CAGR of 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 USA, Canada, Mexico and Rest of North America.

Report Structural Insights: https://www.kbvresearch.com/north-america-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.

North America Meal Replacement Products Market Segmentation

By Product

• Powder
• Ready to Drink and
• Protein Bar

By Distribution Channel

• Online and
• Offline

By Country

• US Meal Replacement Products Market
• Canada Meal Replacement Products Market
• Mexico Meal Replacement Products Market
• Rest of North America Meal Replacement Products Market

Companies Profiled

• 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.

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