Meal Replacement is a drink, bar, soup, etc. intended as a substitute for a solid food meal, usually with controlled quantities of calories and nutrients. Some drinks are in the form of a health shake.
This report aims to provide a comprehensive presentation of the global market for Meal Replacement, 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. This report contains market size and forecasts of Meal Replacement in global, including the following market information:
Global Meal Replacement Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Meal Replacement market was valued at US$ 13890 million in 2022 and is projected to reach US$ 20930 million by 2029, at a CAGR of 6.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Meal Replacement key players include Herbalife, Glanbia, Abbott, Kellogg, etc. Global top four manufacturers hold a share about 40%.
North America is the largest market, with a share over 35%, followed by Europe, and Asia-Pacific, both have a share about 55 percent.
In terms of product, Powder is the largest segment, with a share over 65%. And in terms of application, the largest application is Retail Stores, followed by Online Sales, etc.
We surveyed the Meal Replacement companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Meal Replacement Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Meal Replacement Market Segment Percentages, by Type, 2022 (%)
Powder
Bars
Beverages
Others
Global Meal Replacement Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Meal Replacement Market Segment Percentages, by Application, 2022 (%)
Retail Stores
Online Sales
Other
Global Meal Replacement Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Meal Replacement Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Meal Replacement revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Meal Replacement revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Abbott
Herbalife
Kellogg
Nestle
SlimFast
Glanbia
GlaxoSmithKline
Nature's Bounty
Nutiva
Onnit Labs
Orgain
Ultimate Superfoods
Outline of Major Chapters:
Chapter 1: Introduces the definition of Meal Replacement, market overview.
Chapter 2: Global Meal Replacement market size in revenue.
Chapter 3: Detailed analysis of Meal Replacement company competitive landscape, revenue and 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 application, 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 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: The main points and conclusions of the report.
TABLE OF CONTENTS
1 Introduction to Research & Analysis Reports
1.1 Meal Replacement Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Meal Replacement Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Meal Replacement Overall Market Size
2.1 Global Meal Replacement Market Size: 2022 VS 2029
2.2 Global Meal Replacement Market Size, Prospects & Forecasts: 2018-2029
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top Meal Replacement Players in Global Market
3.2 Top Global Meal Replacement Companies Ranked by Revenue
3.3 Global Meal Replacement Revenue by Companies
3.4 Top 3 and Top 5 Meal Replacement Companies in Global Market, by Revenue in 2022
3.5 Global Companies Meal Replacement Product Type
3.6 Tier 1, Tier 2 and Tier 3 Meal Replacement Players in Global Market
3.6.1 List of Global Tier 1 Meal Replacement Companies
3.6.2 List of Global Tier 2 and Tier 3 Meal Replacement Companies
4 Market Sights by Product
4.1 Overview
4.1.1 By Type - Global Meal Replacement Market Size Markets, 2022 & 2029
4.1.2 Powder
4.1.3 Bars
4.1.4 Beverages
4.1.5 Others
4.2 By Type - Global Meal Replacement Revenue & Forecasts
4.2.1 By Type - Global Meal Replacement Revenue, 2018-2023
4.2.2 By Type - Global Meal Replacement Revenue, 2024-2029
4.2.3 By Type - Global Meal Replacement Revenue Market Share, 2018-2029
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Meal Replacement Market Size, 2022 & 2029
5.1.2 Retail Stores
5.1.3 Online Sales
5.1.4 Other
5.2 By Application - Global Meal Replacement Revenue & Forecasts
5.2.1 By Application - Global Meal Replacement Revenue, 2018-2023
5.2.2 By Application - Global Meal Replacement Revenue, 2024-2029
5.2.3 By Application - Global Meal Replacement Revenue Market Share, 2018-2029
6 Sights by Region
6.1 By Region - Global Meal Replacement Market Size, 2022 & 2029
6.2 By Region - Global Meal Replacement Revenue & Forecasts
6.2.1 By Region - Global Meal Replacement Revenue, 2018-2023
6.2.2 By Region - Global Meal Replacement Revenue, 2024-2029
6.2.3 By Region - Global Meal Replacement Revenue Market Share, 2018-2029
6.3 North America
6.3.1 By Country - North America Meal Replacement Revenue, 2018-2029
6.3.2 US Meal Replacement Market Size, 2018-2029
6.3.3 Canada Meal Replacement Market Size, 2018-2029
6.3.4 Mexico Meal Replacement Market Size, 2018-2029
6.4 Europe
6.4.1 By Country - Europe Meal Replacement Revenue, 2018-2029
6.4.2 Germany Meal Replacement Market Size, 2018-2029
6.4.3 France Meal Replacement Market Size, 2018-2029
6.4.4 U.K. Meal Replacement Market Size, 2018-2029
6.4.5 Italy Meal Replacement Market Size, 2018-2029
6.4.6 Russia Meal Replacement Market Size, 2018-2029
6.4.7 Nordic Countries Meal Replacement Market Size, 2018-2029
6.4.8 Benelux Meal Replacement Market Size, 2018-2029
6.5 Asia
6.5.1 By Region - Asia Meal Replacement Revenue, 2018-2029
6.5.2 China Meal Replacement Market Size, 2018-2029
6.5.3 Japan Meal Replacement Market Size, 2018-2029
6.5.4 South Korea Meal Replacement Market Size, 2018-2029
6.5.5 Southeast Asia Meal Replacement Market Size, 2018-2029
6.5.6 India Meal Replacement Market Size, 2018-2029
6.6 South America
6.6.1 By Country - South America Meal Replacement Revenue, 2018-2029
6.6.2 Brazil Meal Replacement Market Size, 2018-2029
6.6.3 Argentina Meal Replacement Market Size, 2018-2029
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa Meal Replacement Revenue, 2018-2029
6.7.2 Turkey Meal Replacement Market Size, 2018-2029
6.7.3 Israel Meal Replacement Market Size, 2018-2029
6.7.4 Saudi Arabia Meal Replacement Market Size, 2018-2029
6.7.5 UAE Meal Replacement Market Size, 2018-2029
7 Meal Replacement Companies Profiles
7.1 Abbott
7.1.1 Abbott Company Summary
7.1.2 Abbott Business Overview
7.1.3 Abbott Meal Replacement Major Product Offerings
7.1.4 Abbott Meal Replacement Revenue in Global Market (2018-2023)
7.1.5 Abbott Key News & Latest Developments
7.2 Herbalife
7.2.1 Herbalife Company Summary
7.2.2 Herbalife Business Overview
7.2.3 Herbalife Meal Replacement Major Product Offerings
7.2.4 Herbalife Meal Replacement Revenue in Global Market (2018-2023)
7.2.5 Herbalife Key News & Latest Developments
7.3 Kellogg
7.3.1 Kellogg Company Summary
7.3.2 Kellogg Business Overview
7.3.3 Kellogg Meal Replacement Major Product Offerings
7.3.4 Kellogg Meal Replacement Revenue in Global Market (2018-2023)
7.3.5 Kellogg Key News & Latest Developments
7.4 Nestle
7.4.1 Nestle Company Summary
7.4.2 Nestle Business Overview
7.4.3 Nestle Meal Replacement Major Product Offerings
7.4.4 Nestle Meal Replacement Revenue in Global Market (2018-2023)
7.4.5 Nestle Key News & Latest Developments
7.5 SlimFast
7.5.1 SlimFast Company Summary
7.5.2 SlimFast Business Overview
7.5.3 SlimFast Meal Replacement Major Product Offerings
7.5.4 SlimFast Meal Replacement Revenue in Global Market (2018-2023)
7.5.5 SlimFast Key News & Latest Developments
7.6 Glanbia
7.6.1 Glanbia Company Summary
7.6.2 Glanbia Business Overview
7.6.3 Glanbia Meal Replacement Major Product Offerings
7.6.4 Glanbia Meal Replacement Revenue in Global Market (2018-2023)
7.6.5 Glanbia Key News & Latest Developments
7.7 GlaxoSmithKline
7.7.1 GlaxoSmithKline Company Summary
7.7.2 GlaxoSmithKline Business Overview
7.7.3 GlaxoSmithKline Meal Replacement Major Product Offerings
7.7.4 GlaxoSmithKline Meal Replacement Revenue in Global Market (2018-2023)
7.7.5 GlaxoSmithKline Key News & Latest Developments
7.8 Nature's Bounty
7.8.1 Nature's Bounty Company Summary
7.8.2 Nature's Bounty Business Overview
7.8.3 Nature's Bounty Meal Replacement Major Product Offerings
7.8.4 Nature's Bounty Meal Replacement Revenue in Global Market (2018-2023)
7.8.5 Nature's Bounty Key News & Latest Developments
7.9 Nutiva
7.9.1 Nutiva Company Summary
7.9.2 Nutiva Business Overview
7.9.3 Nutiva Meal Replacement Major Product Offerings
7.9.4 Nutiva Meal Replacement Revenue in Global Market (2018-2023)
7.9.5 Nutiva Key News & Latest Developments
7.10 Onnit Labs
7.10.1 Onnit Labs Company Summary
7.10.2 Onnit Labs Business Overview
7.10.3 Onnit Labs Meal Replacement Major Product Offerings
7.10.4 Onnit Labs Meal Replacement Revenue in Global Market (2018-2023)
7.10.5 Onnit Labs Key News & Latest Developments
7.11 Orgain
7.11.1 Orgain Company Summary
7.11.2 Orgain Business Overview
7.11.3 Orgain Meal Replacement Major Product Offerings
7.11.4 Orgain Meal Replacement Revenue in Global Market (2018-2023)
7.11.5 Orgain Key News & Latest Developments
7.12 Ultimate Superfoods
7.12.1 Ultimate Superfoods Company Summary
7.12.2 Ultimate Superfoods Business Overview
7.12.3 Ultimate Superfoods Meal Replacement Major Product Offerings
7.12.4 Ultimate Superfoods Meal Replacement Revenue in Global Market (2018-2023)
7.12.5 Ultimate Superfoods Key News & Latest Developments
8 Conclusion
9 Appendix
9.1 Note
9.2 Examples of Clients
9.3 Disclaimer
LIST OF TABLES & FIGURES
List of Tables
Table 1. Meal Replacement Market Opportunities & Trends in Global Market
Table 2. Meal Replacement Market Drivers in Global Market
Table 3. Meal Replacement Market Restraints in Global Market
Table 4. Key Players of Meal Replacement in Global Market
Table 5. Top Meal Replacement Players in Global Market, Ranking by Revenue (2022)
Table 6. Global Meal Replacement Revenue by Companies, (US$, Mn), 2018-2023
Table 7. Global Meal Replacement Revenue Share by Companies, 2018-2023
Table 8. Global Companies Meal Replacement Product Type
Table 9. List of Global Tier 1 Meal Replacement Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Meal Replacement Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 11. By Type ? Global Meal Replacement Revenue, (US$, Mn), 2022 & 2029
Table 12. By Type - Meal Replacement Revenue in Global (US$, Mn), 2018-2023
Table 13. By Type - Meal Replacement Revenue in Global (US$, Mn), 2024-2029
Table 14. By Application ? Global Meal Replacement Revenue, (US$, Mn), 2022 & 2029
Table 15. By Application - Meal Replacement Revenue in Global (US$, Mn), 2018-2023
Table 16. By Application - Meal Replacement Revenue in Global (US$, Mn), 2024-2029
Table 17. By Region ? Global Meal Replacement Revenue, (US$, Mn), 2022 & 2029
Table 18. By Region - Global Meal Replacement Revenue (US$, Mn), 2018-2023
Table 19. By Region - Global Meal Replacement Revenue (US$, Mn), 2024-2029
Table 20. By Country - North America Meal Replacement Revenue, (US$, Mn), 2018-2023
Table 21. By Country - North America Meal Replacement Revenue, (US$, Mn), 2024-2029
Table 22. By Country - Europe Meal Replacement Revenue, (US$, Mn), 2018-2023
Table 23. By Country - Europe Meal Replacement Revenue, (US$, Mn), 2024-2029
Table 24. By Region - Asia Meal Replacement Revenue, (US$, Mn), 2018-2023
Table 25. By Region - Asia Meal Replacement Revenue, (US$, Mn), 2024-2029
Table 26. By Country - South America Meal Replacement Revenue, (US$, Mn), 2018-2023
Table 27. By Country - South America Meal Replacement Revenue, (US$, Mn), 2024-2029
Table 28. By Country - Middle East & Africa Meal Replacement Revenue, (US$, Mn), 2018-2023
Table 29. By Country - Middle East & Africa Meal Replacement Revenue, (US$, Mn), 2024-2029
Table 30. Abbott Company Summary
Table 31. Abbott Meal Replacement Product Offerings
Table 32. Abbott Meal Replacement Revenue (US$, Mn) & (2018-2023)
Table 33. Abbott Key News & Latest Developments
Table 34. Herbalife Company Summary
Table 35. Herbalife Meal Replacement Product Offerings
Table 36. Herbalife Meal Replacement Revenue (US$, Mn) & (2018-2023)
Table 37. Herbalife Key News & Latest Developments
Table 38. Kellogg Company Summary
Table 39. Kellogg Meal Replacement Product Offerings
Table 40. Kellogg Meal Replacement Revenue (US$, Mn) & (2018-2023)
Table 41. Kellogg Key News & Latest Developments
Table 42. Nestle Company Summary
Table 43. Nestle Meal Replacement Product Offerings
Table 44. Nestle Meal Replacement Revenue (US$, Mn) & (2018-2023)
Table 45. Nestle Key News & Latest Developments
Table 46. SlimFast Company Summary
Table 47. SlimFast Meal Replacement Product Offerings
Table 48. SlimFast Meal Replacement Revenue (US$, Mn) & (2018-2023)
Table 49. SlimFast Key News & Latest Developments
Table 50. Glanbia Company Summary
Table 51. Glanbia Meal Replacement Product Offerings
Table 52. Glanbia Meal Replacement Revenue (US$, Mn) & (2018-2023)
Table 53. Glanbia Key News & Latest Developments
Table 54. GlaxoSmithKline Company Summary
Table 55. GlaxoSmithKline Meal Replacement Product Offerings
Table 56. GlaxoSmithKline Meal Replacement Revenue (US$, Mn) & (2018-2023)
Table 57. GlaxoSmithKline Key News & Latest Developments
Table 58. Nature's Bounty Company Summary
Table 59. Nature's Bounty Meal Replacement Product Offerings
Table 60. Nature's Bounty Meal Replacement Revenue (US$, Mn) & (2018-2023)
Table 61. Nature's Bounty Key News & Latest Developments
Table 62. Nutiva Company Summary
Table 63. Nutiva Meal Replacement Product Offerings
Table 64. Nutiva Meal Replacement Revenue (US$, Mn) & (2018-2023)
Table 65. Nutiva Key News & Latest Developments
Table 66. Onnit Labs Company Summary
Table 67. Onnit Labs Meal Replacement Product Offerings
Table 68. Onnit Labs Meal Replacement Revenue (US$, Mn) & (2018-2023)
Table 69. Onnit Labs Key News & Latest Developments
Table 70. Orgain Company Summary
Table 71. Orgain Meal Replacement Product Offerings
Table 72. Orgain Meal Replacement Revenue (US$, Mn) & (2018-2023)
Table 73. Orgain Key News & Latest Developments
Table 74. Ultimate Superfoods Company Summary
Table 75. Ultimate Superfoods Meal Replacement Product Offerings
Table 76. Ultimate Superfoods Meal Replacement Revenue (US$, Mn) & (2018-2023)
Table 77. Ultimate Superfoods Key News & Latest Developments
List of Figures
Figure 1. Meal Replacement Segment by Type in 2022
Figure 2. Meal Replacement Segment by Application in 2022
Figure 3. Global Meal Replacement Market Overview: 2022
Figure 4. Key Caveats
Figure 5. Global Meal Replacement Market Size: 2022 VS 2029 (US$, Mn)
Figure 6. Global Meal Replacement Revenue, 2018-2029 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Meal Replacement Revenue in 2022
Figure 8. By Type - Global Meal Replacement Revenue Market Share, 2018-2029
Figure 9. By Application - Global Meal Replacement Revenue Market Share, 2018-2029
Figure 10. By Type - Global Meal Replacement Revenue, (US$, Mn), 2022 & 2029
Figure 11. By Type - Global Meal Replacement Revenue Market Share, 2018-2029
Figure 12. By Application - Global Meal Replacement Revenue, (US$, Mn), 2022 & 2029
Figure 13. By Application - Global Meal Replacement Revenue Market Share, 2018-2029
Figure 14. By Region - Global Meal Replacement Revenue Market Share, 2018-2029
Figure 15. By Country - North America Meal Replacement Revenue Market Share, 2018-2029
Figure 16. US Meal Replacement Revenue, (US$, Mn), 2018-2029
Figure 17. Canada Meal Replacement Revenue, (US$, Mn), 2018-2029
Figure 18. Mexico Meal Replacement Revenue, (US$, Mn), 2018-2029
Figure 19. By Country - Europe Meal Replacement Revenue Market Share, 2018-2029
Figure 20. Germany Meal Replacement Revenue, (US$, Mn), 2018-2029
Figure 21. France Meal Replacement Revenue, (US$, Mn), 2018-2029
Figure 22. U.K. Meal Replacement Revenue, (US$, Mn), 2018-2029
Figure 23. Italy Meal Replacement Revenue, (US$, Mn), 2018-2029
Figure 24. Russia Meal Replacement Revenue, (US$, Mn), 2018-2029
Figure 25. Nordic Countries Meal Replacement Revenue, (US$, Mn), 2018-2029
Figure 26. Benelux Meal Replacement Revenue, (US$, Mn), 2018-2029
Figure 27. By Region - Asia Meal Replacement Revenue Market Share, 2018-2029
Figure 28. China Meal Replacement Revenue, (US$, Mn), 2018-2029
Figure 29. Japan Meal Replacement Revenue, (US$, Mn), 2018-2029
Figure 30. South Korea Meal Replacement Revenue, (US$, Mn), 2018-2029
Figure 31. Southeast Asia Meal Replacement Revenue, (US$, Mn), 2018-2029
Figure 32. India Meal Replacement Revenue, (US$, Mn), 2018-2029
Figure 33. By Country - South America Meal Replacement Revenue Market Share, 2018-2029
Figure 34. Brazil Meal Replacement Revenue, (US$, Mn), 2018-2029
Figure 35. Argentina Meal Replacement Revenue, (US$, Mn), 2018-2029
Figure 36. By Country - Middle East & Africa Meal Replacement Revenue Market Share, 2018-2029
Figure 37. Turkey Meal Replacement Revenue, (US$, Mn), 2018-2029
Figure 38. Israel Meal Replacement Revenue, (US$, Mn), 2018-2029
Figure 39. Saudi Arabia Meal Replacement Revenue, (US$, Mn), 2018-2029
Figure 40. UAE Meal Replacement Revenue, (US$, Mn), 2018-2029
Figure 41. Abbott Meal Replacement Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 42. Herbalife Meal Replacement Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 43. Kellogg Meal Replacement Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 44. Nestle Meal Replacement Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 45. SlimFast Meal Replacement Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 46. Glanbia Meal Replacement Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 47. GlaxoSmithKline Meal Replacement Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 48. Nature's Bounty Meal Replacement Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 49. Nutiva Meal Replacement Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 50. Onnit Labs Meal Replacement Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 51. Orgain Meal Replacement Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 52. Ultimate Superfoods Meal Replacement Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
