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Report overview
The global Meal Replacement Shake market was valued at US$ 5290.9 million in 2022 and is projected to reach US$ 8703.1 million by 2029, at a CAGR of 7.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Meal replacement products refer to pre-packaged products made of calories or beverages, in the form of sticks or beverages (ready to drink or powder), that is, instead of regular meals. Meal replacement foods usually provide 200 to 250 calories per serving, and are fortified with more than 20 vitamins and minerals at a "good" or "excellent source" level, and often claim nutrients such as fat-free percentage and low sugar content . Meal replacement foods can be used as regular foods or functional foods.
Meal replacement milkshake is a kind of meal replacement product, that is, the use of milkshake to replace part or all of the food in the meal. Meal replacement milkshake products mainly include two types: solid powder and ready-to-drink liquid beverages.
This report aims to provide a comprehensive presentation of the global market for Meal Replacement Shake, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Meal Replacement Shake. This report contains market size and forecasts of Meal Replacement Shake in global, including the following market information:
Global Meal Replacement Shake Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Meal Replacement Shake Market Sales, 2018-2023, 2024-2029, (Kiloton)
Global top five Meal Replacement Shake companies in 2022 (%)
At present, major global manufacturers include Herbalife, Nestle, Abbott, SlimFast (GPN), Premier (BellRing Brands), etc. The share of major manufacturers will exceed 45%.
From the perspective of global geographic distribution, the main sales area is North America. The North American Meal Replacement Shake market accounted for about 36% of the global market, followed by the Asia-Pacific region, which accounted for about 32% of the global market.
In terms of product types and technologies, the product types in the Meal Replacement Shake market mainly include ready-to-drink liquid beverages and solid powders. The sales volume of liquid beverages accounts for approximately 68% of the total market.
From the perspective of product market applications, the Meal Replacement Shake market is divided into online sales and offline sales. Due to the impact of the epidemic, people are restricted in access to the outdoors, online consumer demand is showing an increasing trend, especially in China. Online sales account for more than 55% of the global market.
We surveyed the Meal Replacement Shake manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Meal Replacement Shake Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Kiloton)
Global Meal Replacement Shake Market Segment Percentages, by Type, 2022 (%)
Global Meal Replacement Shake Market, by Distribution Channel, 2018-2023, 2024-2029 ($ Millions) & (Kiloton)
Global Meal Replacement Shake Market Segment Percentages, by Distribution Channel, 2022 (%)
Global Meal Replacement Shake Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Kiloton)
Global Meal Replacement Shake Market Segment Percentages, By Region and Country, 2022 (%)
Competitor Analysis
The report also provides analysis of leading market participants including:
Further, the report presents profiles of competitors in the market, key players include:
Outline of Major Chapters:
Chapter 1: Introduces the definition of Meal Replacement Shake, market overview.
Chapter 2: Global Meal Replacement Shake market size in revenue and volume.
Chapter 3: Detailed analysis of Meal Replacement Shake manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by distribution channel, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Meal Replacement Shake in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Meal Replacement Shake capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
