Albany, NY -- (SBWIRE) -- 08/28/2017 -- Meal replacement products are calorie-controlled, pre-packaged products such as bars and beverages, which can replace a solid heavy meal. Meal replacement products have many nutritional benefits. Moreover, they are affordable and convenient. Initially, meal replacement products were used by the elderly population, but now they are being marketed to adults. Several marketing activities are also being carried out by major brands to create more awareness about meal replacement products.
The global meal replacement market to grow at a CAGR of 6.83% during the period 2017-2021. The report covers the present scenario and the growth prospects of the global meal replacement market for 2017-2021. To calculate the market size, the report considers volume, and value of the market.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
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Technavio's report, Global Meal Replacement Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
- Abbott
- Herbalife
- Kellogg
- Nestl
- SlimFast
Other prominent vendors
- Amazing Grass
- Glanbia
- GlaxoSmithKline
- Healthy 'N Fit International
- Kraft Heinz
- MET-Rx
- Nouveau Dietetique
- Nutiva
- Nutrisystem
- Onnit Labs
- Orgain
- Ultimate Superfoods
Market driver
- Health benefits associated with meal replacement products
- For a full, detailed list, view our report
Market challenge
- Lack of awareness about meal replacement products
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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