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2022
Meal Replacement Drinks Market

Meal Replacement Drinks Market by Product Type(Ready-to-drink and Shake Premix), Flavor (Vanilla, Chocolate, Strawberry, Banana, and Others),and Sales Channel (Hypermarkets/Supermarkets, Drug Stores & Pharmacies, Convenience Stores, Online Channels, and Others): Global Opportunity Analysis and Industry Forecast 2021–2030

A15983
Pages: 247
Apr 2022 | 324 Views
   
Author(s) : Indranil Chakraborty, Vidit Gite , Roshan Deshmukh
Tables: 92
Charts: 50
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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The meal replacement drinks market size was valued at $4,460.0 million in 2020 and is estimated to reach $9,036.9 million by 2030, registering a CAGR of 7.6% from 2021 to 2030. Meal replacement drink is a healthy beverage that is high in nutrients, vitamins, and minerals and may be used in place of a complete meal by offering regulated levels of nutrients and calories. The meal replacement drink suffices an individual's hunger by providing daily nutrients such as proteins, fibers, carbohydrates, and healthy fats. Furthermore, they help to replenish an individual's calorie requirements, contribute to immune system enhancement, maintain body weight, and provide important nutrients to the body. They are available as ready-to-drink shakes or as a powder that can be mixed with soy milk or milk.

The COVID-19 pandemic disrupted food &beverage supply chains all across the globe. Consumption habits of consumers have changed by the perception of the risk associated with COVID-19. Consumer's fear of potential food and beverages shortages has fueled the hoarding trend. The hoarding had led to an increase in the demand for food and beverage products; however, industries were unable to meet this market demand. The vaccination drive and lockdown practices to prevent the spread of the virus globally are likely to aid the market growth for regaining its place in the beverage sector.

However, the usage of additives and artificial sweeteners in meal replacement drinks leads to dental problems negatively impacting the meal replacement drinks market growth. Consumers look for the products that contain natural flavor without compromising the quality.

Meal-Replacement-Drinks-Market,-2021-2030

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The global meal replacement drinks market is segmented into product type, flavor, sales channel, and region. Depending on product type, the market is categorized into ready-to-drink and shake premix. By flavor, it is segregated into vanilla, chocolate, strawberry, banana, and others. On the basis of sales channels, it is segregated into hypermarkets/supermarkets, drug stores & pharmacies, convenience stores, online channels, and others. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, and rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, Argentina, United Arab Emirates, South Africa, and rest of LAMEA).

According to meal replacement drinks market analysis, on the basis of product type, the shake premix segment has gained major share in the global market in 2020, and is expected to sustain its market share during the meal replacement drinks market forecast period. Shake premix is widely available in the market across all regions. Consumers are attracted to the quality of the product and prefer to purchase shake premix more than other alternatives available in the market.

According to meal replacement drinks market trends, on the basis of flavor, the chocolate segment were dominated the global market in 2020, with a CAGR of 6.9%. This is attributed to the fact that chocolate has a rich taste with a creamy and silky texture that provides a unique flavor and aroma that attracts consumers. The flavor of chocolate provides a bitter-sweet taste that enhances the taste buds.

Meal Replacement Drinks Market
By Product Type

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Ready-to-drink segment would exhibit the highest CAGR of 8.1% during 2020-2030, owing to the increased demand of ready-to-drink as it offers ease of drinking straight out of the pack.

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On the basis of sales channel, the hypermarkets/supermarkets segment has dominated the global market during the forecast period. This is attributed to the fact that hypermarkets/supermarkets offer a convenient experience of diverse shopping under a single roof to the consumers. In addition, they provide consumers a premium advantage, i.e., availability of various products, product discounts, assistance of sales representatives, and easy checkouts. These advantages are expected to drive the growth of hypermarkets/supermarkets during the forecast period.

Meal Replacement Drinks Market
By Flavor

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Strawberry segment would exhibit the highest CAGR of 9.6% during 2020-2030, owing to the health benefits associated with consuming strawberry and refreshing taste.

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Region wise, North America dominated the meal replacement drinks market in 2020, and is expected to be dominantduring the forecast period. The dominance of the market is largely due to existence of meal replacement drinks operations in North America and the availability of several variants of flavors that are preferred by consumers according to the taste. Moreover, increase in knowledge of health awareness in consumers about the available product increases the revenue of meal replacement drinks in North America.

Meal Replacement Drinks Market
By Sales Channel

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Online channel segment would exhibit the highest CAGR of 9.5% during 2020-2030, owing to the increased association of internet and e-shopping with consumers in developing region.

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Players operating in the global meal replacement drinks market have adopted various developmental strategies to expand their meal replacement drinks market share, increase profitability, and remain competitive in the market. The key players profiled in this report include Amway International Inc, Abbott Laboratories, Trinkkost GmbH, Perrigo Company, Herbalife International of America, Inc., Nestle S/A, Kellogg Company, Huel Inc., Atkins US., and USANA Health Sciences Inc.

Meal Replacement Drinks Market
By Region

2030
North America 
Europe
Asia Pacific
Lamea

Asia-Pacific would exhibit the highest CAGR of 9.0% during 2020-2030, owing to the increase in demand and adoption of innovative meal replacement drinks products among consumers in the region.

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Key Benefits For Stakeholders

  • The report provides a quantitative analysis of the currentmarket trends, estimations, and dynamics of the market size from 2021 to 2030 to identify the prevailing opportunities.
  • Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network.
  • In-depth analysis and the market size and segmentation assist to determine the prevailing meal replacement drinks market opportunities.
  • The major countries in each region are mapped according to their revenue contribution to the market. 
  • The market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of the market players in the meal replacement drinks industry.

Key Market Segments

  • By Type
    • Ready-to-drink
    • Shake Premix
  • By Flavor
    • Vanilla
    • Chocolate
    • Strawberry
    • Banana
    • Others
  • By Sales Channel
    • Hypermarkets/Supermarkets
    • Drug Stores & Pharmacies
    • Convenience Stores
    • Online Channels
    • Others
  • By Region
    • North America
      • U.S.
      • Canada
      • Mexico
    • Europe
      • Germany
      • UK
      • France
      • Italy
      • Spain
      • Rest of Europe
    • Asia-Pacific
      • China
      • Japan
      • India
      • Australia
      • South Korea
      • Rest of Asia-Pacific
    • LAMEA
      • Brazil
      • Argentina
      • United Arab Emirates
      • South Africa
      • Rest of LAMEA
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Secondary research
1.4.2.Primary research

1.5.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings of the study

2.1.1.Top impacting factors
2.1.2.Top investment pockets

2.2.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Parent/peer market overview
3.3.Porter's five forces analysis
3.4.Pricing analysis

3.4.1.Pricing analysis of meal replacement drinks product, by region, 2020& 2030

3.5.Value chain analysis
3.6.Consumer behavior analysis
3.7.Race analysis
3.8.Market dynamics

3.8.1.Drivers

3.8.1.1.Rise indemand for convenient and small portion food
3.8.1.2.Introduction of innovative flavors and new product variants in meal replacement drinks
3.8.1.3.Strong branding and advertisement by market players

3.8.2.Restraints

3.8.2.1.Highcost of meal replacement drinks
3.8.2.2.Increase in availability of alternatives

3.8.3.Opportunities

3.8.3.1.Introduction of vegan meal replacement drinks
3.8.3.2.Introduction of naturally flavor and sweetened meal replacement drinks

3.9.COVID-19 impact analysis

CHAPTER 4:MEAL REPLACEMENT DRINKS MARKET, BY PRODUCT TYPE

4.1.Overview

4.1.1.Market size and forecast

4.2.Ready-to-drink

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market size and forecast, by country

4.3.Shake premix

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market size and forecast, by country

CHAPTER 5:MEAL REPLACEMENT DRINKS MARKET, BY FLAVOR

5.1.Overview

5.1.1.Market size and forecast

5.2.Vanilla

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region

5.2.3.Market size and forecast, by country

5.3.Chocolate

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market size and forecast, by country

5.4.Strawberry

5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by region
5.4.3.Market size and forecast, by country

5.5.Banana

5.5.1.Key market trends, growth factors, and opportunities
5.5.2.Market size and forecast, by region
5.5.3.Market size and forecast, by country

5.6.Others

5.6.1.Key market trends, growth factors, and opportunities
5.6.2.Market size and forecast, by region
5.6.3.Market size and forecast, by country

CHAPTER 6:MEAL REPLACEMENT DRINKS MARKET, BY SALES CHANNEL

6.1.Overview

6.1.1.Market size and forecast

6.2.Hypermarkets/supermarkets

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by region
6.2.3.Market size and forecast, by country

6.3.Drug stores&pharmacies

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by region
6.3.3.Market size and forecast, by country

6.4.Convenience stores

6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, by region
6.4.3.Market size and forecast, by country

6.5.Online channels

6.5.1.Key market trends, growth factors, and opportunities
6.5.2.Market size and forecast, by region
6.5.3.Market size and forecast, by country

6.6.Others

6.6.1.Key market trends, growth factors, and opportunities
6.6.2.Market size and forecast, by region
6.6.3.Market size and forecast, by country

CHAPTER 7:MEAL REPLACEMENT DRINKS MARKET, BY REGION

7.1.Overview

7.1.1.Market size and forecast, by region

7.2.North America

7.3.Key market trends, growth factors, and opportunities
7.3.1.Market size and forecast, by product type
7.3.2.Market size and forecast, by flavor
7.3.3.Market size and forecast, by sales channel
7.3.4.Market size and forecast, by country

7.3.4.1.U.S.

7.3.4.1.1.Market size and forecast, by product type
7.3.4.1.2.Market size and forecast, by flavor
7.3.4.1.3.Market size and forecast, by sales channel

7.3.4.2.Canada

7.3.4.2.1.Market size and forecast, by product type
7.3.4.2.2.Market size and forecast, by flavor
7.3.4.2.3.Market size and forecast, by sales channel

7.3.4.3.Mexico

7.3.4.3.1.Market size and forecast, by product type
7.3.4.3.2.Market size and forecast, by flavor
7.3.4.3.3.Market size and forecast, by sales channel

7.4.Europe

7.4.1.Key market trends, growth factors, and opportunities
7.4.2.Market size and forecast, by product type
7.4.3.Market size and forecast, by flavor
7.4.4.Market size and forecast, by sales channel
7.4.5.Market size and forecast, by country

7.4.5.1.Germany

7.4.5.1.1.Market size and forecast, by product type
7.4.5.1.2.Market size and forecast, by flavor
7.4.5.1.3.Market size and forecast, by sales channel

7.4.5.2.UK

7.4.5.2.1.Market size and forecast, by product type
7.4.5.2.2.Market size and forecast, by flavor
7.4.5.2.3.Market size and forecast, by sales channel

7.4.5.3.France

7.4.5.3.1.Market size and forecast, by product type
7.4.5.3.2.Market size and forecast, by flavor
7.4.5.3.3.Market size and forecast, by sales channel

7.4.5.4.Italy

7.4.5.4.1.Market size and forecast, by product type
7.4.5.4.2.Market size and forecast, by flavor
7.4.5.4.3.Market size and forecast, by sales channel

7.4.5.5.Spain

7.4.5.5.1.Market size and forecast, by product type
7.4.5.5.2.Market size and forecast, by flavor
7.4.5.5.3.Market size and forecast, by sales channel

7.4.5.6.Rest of Europe

7.4.5.6.1.Market size and forecast, by product type
7.4.5.6.2.Market size and forecast, by flavor
7.4.5.6.3.Market size and forecast, by sales channel

7.5.Asia-Pacific

7.5.1.Key market trends, growth factors, and opportunities
7.5.2.Market size and forecast, by product type
7.5.3.Market size and forecast, by flavor
7.5.4.Market size and forecast, by sales channel
7.5.5.Market size and forecast, by country

7.5.5.1.China

7.5.5.1.1.Market size and forecast, by product type
7.5.5.1.2.Market size and forecast, by flavor
7.5.5.1.3.Market size and forecast, by sales channel

7.5.5.2.Japan

7.5.5.2.1.Market size and forecast, by product type
7.5.5.2.2.Market size and forecast, by flavor
7.5.5.2.3.Market size and forecast, by sales channel

7.5.5.3.India

7.5.5.3.1.Market size and forecast, by product type
7.5.5.3.2.Market size and forecast, by flavor
7.5.5.3.3.Market size and forecast, by sales channel

7.5.5.4.Australia

7.5.5.4.1.Market size and forecast, by product type
7.5.5.4.2.Market size and forecast, by flavor
7.5.5.4.3.Market size and forecast, by sales channel

7.5.5.5.South Korea

7.5.5.5.1.Market size and forecast, by product type
7.5.5.5.2.Market size and forecast, by flavor
7.5.5.5.3.Market size and forecast, by sales channel

7.5.5.6.Rest of Asia-Pacific

7.5.5.6.1.Market size and forecast, by product type
7.5.5.6.2.Market size and forecast, by flavor

7.5.5.6.3.Market size and forecast, by sales channel

7.6.LAMEA

7.6.1.Key market trends, growth factors, and opportunities
7.6.2.Market size and forecast, by product type
7.6.3.Market size and forecast, by flavor
7.6.4.Market size and forecast, by sales channel
7.6.5.Market size and forecast, by country

7.6.5.1.Brazil

7.6.5.1.1.Market size and forecast, by product type
7.6.5.1.2.Market size and forecast, by flavor
7.6.5.1.3.Market size and forecast, by sales channel

7.6.5.2.Argentina

7.6.5.2.1.Market size and forecast, by product type
7.6.5.2.2.Market size and forecast, by flavor
7.6.5.2.3.Market size and forecast, by sales channel

7.6.5.3.United Arab Emirates

7.6.5.3.1.Market size and forecast, by product type
7.6.5.3.2.Market size and forecast, by flavor
7.6.5.3.3.Market size and forecast, by sales channel

7.6.5.4.South Africa

7.6.5.4.1.Market size and forecast, by product type
7.6.5.4.2.Market size and forecast, by flavor
7.6.5.4.3.Market size and forecast, by sales channel

7.6.5.5.Rest of LAMEA

7.6.5.5.1.Market size and forecast, by product type
7.6.5.5.2.Market size and forecast, by flavor
7.6.5.5.3.Market size and forecast, by sales channel

LIST OF TABLES

TABLE 01.MEAL REPLACEMENT DRINKS MARKET, BY PRODUCT TYPE, 2020-2030 ($MILLION)
TABLE 02.READY-TO-DRINKMEAL REPLACEMENT DRINKS MARKET, BY REGION, 2020-2030 ($MILLION)
TABLE 03.SHAKE PREMIXMEAL REPLACEMENT DRINKS MARKET, BY REGION, 2020-2030 ($MILLION)
TABLE 04.MEAL REPLACEMENT DRINKS MARKET, BY FLAVOR, 2020-2030 ($MILLION)
TABLE 05.VANILLA MEAL REPLACEMENT DRINKS MARKET, BY REGION, 2020-2030 ($MILLION)
TABLE 06.CHOCOLATE MEAL REPLACEMENT DRINKS MARKET, BY REGION, 2020-2030 ($MILLION)
TABLE 07.STRAWBERRY MEAL REPLACEMENT DRINKS MARKET, BY REGION, 2020-2030 ($MILLION)
TABLE 08.BANANA MEAL REPLACEMENT DRINKS MARKET, BY REGION, 2020-2030 ($MILLION)
TABLE 09.OTHERS MEAL REPLACEMENT DRINKS MARKET, BY REGION, 2020-2030 ($MILLION)
TABLE 10.MEAL REPLACEMENT DRINKS MARKET, BY SALES CHANNEL, 2020-2030 ($MILLION)
TABLE 11.MEAL REPLACEMENT DRINKS MARKET REVENUE FOR HYPERMARKETS/SUPERMARKETS, BY REGION, 2020-2030 ($MILLION)
TABLE 12.MEAL REPLACEMENT DRINKS MARKET REVENUE FOR DRUG STORES & PHARMACIES, BY REGION, 2020-2030 ($MILLION)
TABLE 13.MEAL REPLACEMENT DRINKS MARKET REVENUE FOR CONVENIENCE STORES, BY REGION, 2020-2030 ($MILLION)
TABLE 14.MEAL REPLACEMENT DRINKS MARKET REVENUE FOR ONLINE CHANNELS, BY REGION, 2020-2030 ($MILLION)
TABLE 15.MEAL REPLACEMENT DRINKS MARKET REVENUE FOR OTHERS, BY REGION, 2020-2030 ($MILLION)
TABLE 16.MEAL REPLACEMENT DRINKS MARKET, BY REGION, 2020-2030 ($MILLION)
TABLE 17.NORTH AMERICA MEAL REPLACEMENT DRINKS MARKET, BY PRODUCT TYPE, 2020-2030 ($MILLION)
TABLE 18.NORTH AMERICA MEAL REPLACEMENT DRINKS MARKET, BY FLAVOR, 2020-2030 ($MILLION)
TABLE 19.NORTH AMERICA MEAL REPLACEMENT DRINKS MARKET, BY SALES CHANNEL, 2020-2030 ($MILLION)
TABLE 20.NORTH AMERICA MEAL REPLACEMENT DRINKS MARKET, BY COUNTRY, 2020-2030 ($MILLION)
TABLE 21.U.S. MEAL REPLACEMENT DRINKS MARKET, BY PRODUCT TYPE, 2020-2030 ($MILLION)
TABLE 22.U.S. MEAL REPLACEMENT DRINKS MARKET, BY FLAVOR, 2020-2030 ($MILLION)
TABLE 23.U.S. MEAL REPLACEMENT DRINKS MARKET, BY SALES CHANNEL, 2020-2030 ($MILLION)
TABLE 24.CANADA MEAL REPLACEMENT DRINKS MARKET, BY PRODUCT TYPE, 2020-2030 ($MILLION)
TABLE 25.CANADA MEAL REPLACEMENT DRINKS MARKET, BY FLAVOR, 2020-2030 ($MILLION)
TABLE 26.CANADA MEAL REPLACEMENT DRINKS MARKET, BY SALES CHANNEL, 2020-2030 ($MILLION)
TABLE 27.MEXICO MEAL REPLACEMENT DRINKS MARKET, BY PRODUCT TYPE, 2020-2030 ($MILLION)
TABLE 28.MEXICO MEAL REPLACEMENT DRINKS MARKET, BY FLAVOR, 2020-2030 ($MILLION)
TABLE 29.MEXICO MEAL REPLACEMENT DRINKS MARKET, BY SALES CHANNEL, 2020-2030 ($MILLION)
TABLE 30.EUROPE MEAL REPLACEMENT DRINKS MARKET, BY PRODUCT TYPE, 2020-2030 ($MILLION)
TABLE 31.EUROPE MEAL REPLACEMENT DRINKS MARKET, BY FLAVOR, 2020-2030 ($MILLION)
TABLE 32.EUROPE MEAL REPLACEMENT DRINKS MARKET, BY SALES CHANNEL, 2020-2030 ($MILLION)
TABLE 33.EUROPE MEAL REPLACEMENT DRINKS MARKET, BY COUNTRY, 2020-2030 ($MILLION)
TABLE 34.GERMANY MEAL REPLACEMENT DRINKS MARKET, BY PRODUCT TYPE, 2020-2030 ($MILLION)
TABLE 35.GERMANY MEAL REPLACEMENT DRINKS MARKET, BY FLAVOR, 2020-2030 ($MILLION)
TABLE 36.GERMANY MEAL REPLACEMENT DRINKS MARKET, BY SALES CHANNEL, 2020-2030 ($MILLION)
TABLE 37.UK MEAL REPLACEMENT DRINKS MARKET, BY PRODUCT TYPE, 2020-2030 ($MILLION)
TABLE 38.UK MEAL REPLACEMENT DRINKS MARKET, BY FLAVOR, 2020-2030 ($MILLION)
TABLE 39.UK MEAL REPLACEMENT DRINKS MARKET, BY SALES CHANNEL, 2020-2030 ($MILLION)
TABLE 40.FRANCE MEAL REPLACEMENT DRINKS MARKET, BY PRODUCT TYPE, 2020-2030 ($MILLION)
TABLE 41.FRANCE MEAL REPLACEMENT DRINKS MARKET, BY FLAVOR, 2020-2030 ($MILLION)
TABLE 42.FRANCE MEAL REPLACEMENT DRINKS MARKET, BY SALES CHANNEL, 2020-2030 ($MILLION)
TABLE 43.ITALY MEAL REPLACEMENT DRINKS MARKET, BY PRODUCT TYPE, 2020-2030 ($MILLION)
TABLE 44.ITALY MEAL REPLACEMENT DRINKS MARKET, BY FLAVOR, 2020-2030 ($MILLION)
TABLE 45.ITALY MEAL REPLACEMENT DRINKS MARKET, BY SALES CHANNEL, 2020-2030 ($MILLION)
TABLE 46.SPAIN MEAL REPLACEMENT DRINKS MARKET, BY PRODUCT TYPE, 2020-2030 ($MILLION)
TABLE 47.SPAIN MEAL REPLACEMENT DRINKS MARKET, BY FLAVOR, 2020-2030 ($MILLION)
TABLE 48.SPAIN MEAL REPLACEMENT DRINKS MARKET, BY SALES CHANNEL, 2020-2030 ($MILLION)
TABLE 49.REST OF EUROPE MEAL REPLACEMENT DRINKS MARKET, BY PRODUCT TYPE, 2020-2030 ($MILLION)
TABLE 50.REST OF EUROPE MEAL REPLACEMENT DRINKS MARKET, BY FLAVOR, 2020-2030 ($MILLION)
TABLE 51.REST OF EUROPE MEAL REPLACEMENT DRINKS MARKET, BY SALES CHANNEL, 2020-2030 ($MILLION)
TABLE 52.ASIA-PACIFIC MEAL REPLACEMENT DRINKS MARKET, BY PRODUCT TYPE, 2020-2030 ($MILLION)
TABLE 53.ASIA-PACIFIC MEAL REPLACEMENT DRINKS MARKET, BY FLAVOR, 2020-2030 ($MILLION)
TABLE 54.ASIA-PACIFIC MEAL REPLACEMENT DRINKS MARKET, BY SALES CHANNEL, 2020-2030 ($MILLION)
TABLE 55.ASIA-PACIFIC MEAL REPLACEMENT DRINKS MARKET, BY COUNTRY, 2020-2030 ($MILLION)
TABLE 56.CHINA MEAL REPLACEMENT DRINKS MARKET, BY PRODUCT TYPE, 2020-2030 ($MILLION)
TABLE 57.CHINA MEAL REPLACEMENT DRINKS MARKET, BY FLAVOR, 2020-2030 ($MILLION)
TABLE 58.CHINA MEAL REPLACEMENT DRINKS MARKET, BY SALES CHANNEL, 2020-2030 ($MILLION)
TABLE 59.JAPAN MEAL REPLACEMENT DRINKS MARKET, BY PRODUCT TYPE, 2020-2030 ($MILLION)
TABLE 60.JAPAN MEAL REPLACEMENT DRINKS MARKET, BY FLAVOR, 2020-2030 ($MILLION)
TABLE 61.JAPAN MEAL REPLACEMENT DRINKS MARKET, BY SALES CHANNEL, 2020-2030 ($MILLION)
TABLE 62.INDIA MEAL REPLACEMENT DRINKS MARKET, BY PRODUCT TYPE, 2020-2030 ($MILLION)
TABLE 63.INDIA MEAL REPLACEMENT DRINKS MARKET, BY FLAVOR, 2020-2030 ($MILLION)
TABLE 64.INDIA MEAL REPLACEMENT DRINKS MARKET, BY SALES CHANNEL, 2020-2030 ($MILLION)
TABLE 65.AUSTRALIA MEAL REPLACEMENT DRINKS MARKET, BY PRODUCT TYPE, 2020-2030 ($MILLION)
TABLE 66.AUSTRALIA MEAL REPLACEMENT DRINKS MARKET, BY FLAVOR, 2020-2030 ($MILLION)
TABLE 67.AUSTRALIA MEAL REPLACEMENT DRINKS MARKET, BY SALES CHANNEL, 2020-2030 ($MILLION)
TABLE 68.SOUTH KOREA MEAL REPLACEMENT DRINKS MARKET, BY PRODUCT TYPE, 2020-2030 ($MILLION)
TABLE 69.SOUTH KOREA MEAL REPLACEMENT DRINKS MARKET, BY FLAVOR, 2020-2030 ($MILLION)
TABLE 70.SOUTH KOREA MEAL REPLACEMENT DRINKS MARKET, BY SALES CHANNEL, 2020-2030 ($MILLION)
TABLE 71.REST OF ASIA-PACIFIC MEAL REPLACEMENT DRINKS MARKET, BY PRODUCT TYPE, 2020-2030 ($MILLION)
TABLE 72.REST OF ASIA-PACIFIC MEAL REPLACEMENT DRINKS MARKET, BY FLAVOR, 2020-2030 ($MILLION)
TABLE 73.REST OF ASIA-PACIFIC MEAL REPLACEMENT DRINKS MARKET, BY SALES CHANNEL, 2020-2030 ($MILLION)
TABLE 74.LAMEA MEAL REPLACEMENT DRINKS MARKET, BY PRODUCT TYPE, 2020-2030 ($MILLION)
TABLE 75.LAMEA MEAL REPLACEMENT DRINKS MARKET, BY FLAVOR, 2020-2030 ($MILLION)
TABLE 76.LAMEA MEAL REPLACEMENT DRINKS MARKET, BY SALES CHANNEL, 2020-2030 ($MILLION)
TABLE 77.LAMEA MEAL REPLACEMENT DRINKS MARKET, BY COUNTRY, 2020-2030 ($MILLION)
TABLE 78.BRAZIL MEAL REPLACEMENT DRINKS MARKET, BY PRODUCT TYPE, 2020-2030 ($MILLION)
TABLE 79.BRAZIL MEAL REPLACEMENT DRINKS MARKET, BY FLAVOR, 2020-2030 ($MILLION)
TABLE 80.BRAZIL MEAL REPLACEMENT DRINKS MARKET, BY SALES CHANNEL, 2020-2030 ($MILLION)
TABLE 81.ARGENTINA MEAL REPLACEMENT DRINKS MARKET, BY PRODUCT TYPE, 2020-2030 ($MILLION)
TABLE 82.ARGENTINA MEAL REPLACEMENT DRINKS MARKET, BY FLAVOR, 2020-2030 ($MILLION)
TABLE 83.ARGENTINA MEAL REPLACEMENT DRINKS MARKET, BY SALES CHANNEL, 2020-2030 ($MILLION)
TABLE 84.UNITED ARAB EMIRATES MEAL REPLACEMENT DRINKS MARKET, BY PRODUCT TYPE, 2020-2030 ($MILLION)
TABLE 85.UNITED ARAB EMIRATES MEAL REPLACEMENT DRINKS MARKET, BY FLAVOR, 2020-2030 ($MILLION)
TABLE 86.UNITED ARAB EMIRATES MEAL REPLACEMENT DRINKS MARKET, BY SALES CHANNEL, 2020-2030 ($MILLION)
TABLE 87.SOUTH AFRICA MEAL REPLACEMENT DRINKS MARKET, BY PRODUCT TYPE, 2020-2030 ($MILLION)
TABLE 88.SOUTH AFRICA MEAL REPLACEMENT DRINKS MARKET, BY FLAVOR, 2020-2030 ($MILLION)
TABLE 89.SOUTH AFRICA MEAL REPLACEMENT DRINKS MARKET, BY SALES CHANNEL, 2020-2030 ($MILLION)
TABLE 90.REST OF LAMEA MEAL REPLACEMENT DRINKS MARKET, BY PRODUCT TYPE, 2020-2030 ($MILLION)
TABLE 91.REST OF LAMEA MEAL REPLACEMENT DRINKS MARKET, BY FLAVOR, 2020-2030 ($MILLION)
TABLE 92.REST OF LAMEA MEAL REPLACEMENT DRINKS MARKET, BY SALES CHANNEL, 2020-2030 ($MILLION)

LIST OF FIGURES

FIGURE 01.GLOBAL MEAL REPLACEMENT DRINKS MARKET SEGMENTATION
FIGURE 02.GLOBAL MEAL REPLACEMENT DRINKS MARKET, 2020–2030
FIGURE 03.TOP IMPACTING FACTORS
FIGURE 04.TOP INVESTMENT POCKETS
FIGURE 05.MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 06.MODERATE TO HIGH BARGAINING POWER OF BUYERS
FIGURE 07.MODERATE THREAT OF NEW ENTRANTS
FIGURE 08.MODERATE THREAT OF SUBSTITUTES
FIGURE 09.MODERATE INTENSITY OF COMPETITIVE RIVALRY
FIGURE 10.PRICING ANALYSIS
FIGURE 11.VALUE CHAIN ANALYSIS
FIGURE 12.CONSUMER BEHAVIOR ANALYSIS
FIGURE 13.RACE ANALYSIS
FIGURE 14.MEAL REPLACEMENT DRINKS MARKET: DRIVERS, RESTRAINTS, AND OPPORTUNITIES
FIGURE 15.MEAL REPLACEMENT DRINKS MARKET, BY PRODUCT TYPE, 2020 (%)
FIGURE 16.COMPARATIVE SHARE ANALYSIS OFREADY-TO-DRINKMEAL REPLACEMENT DRINKS MARKET, BY COUNTRY, 2020-2030 (%)
FIGURE 17.COMPARATIVE SHARE ANALYSIS OFSHAKE PREMIXMEAL REPLACEMENT DRINKS MARKET, BY COUNTRY, 2020-2030 (%)
FIGURE 18.MEAL REPLACEMENT DRINKS MARKET, BY FLAVOR, 2020 (%)
FIGURE 19.COMPARATIVE SHARE ANALYSIS OF VANILLAMEAL REPLACEMENT DRINKS MARKET, BY COUNTRY, 2020-2030 (%)
FIGURE 20.COMPARATIVE SHARE ANALYSIS OF CHOCOLATE-MEAL REPLACEMENT DRINKS MARKET, BY COUNTRY, 2020-2030 (%)
FIGURE 21.COMPARATIVE SHARE ANALYSIS OF STRAWBERRY MEAL REPLACEMENT DRINKS MARKET, MEAL REPLACEMENT DRINKS, BY COUNTRY,  2020-2030 (%)
FIGURE 22.COMPARATIVE SHARE ANALYSIS OF BANANA-MEAL REPLACEMENT DRINKS MARKET, MEAL REPLACEMENT DRINKS, BY COUNTRY,  2020-2030 (%)
FIGURE 23.COMPARATIVE SHARE ANALYSIS OF OTHERS-MEAL REPLACEMENT DRINKS MARKET, MEAL REPLACEMENT DRINKS, BY COUNTRY, 2020-2030 (%)
FIGURE 24.MEAL REPLACEMENT DRINKS MARKET, BY SALES CHANNEL, 2020 (%)
FIGURE 25.COMPARATIVE SHARE ANALYSIS OF MEAL REPLACEMENT DRINKS MARKET FOR HYPERMARKETS/SUPERMARKETS, BY COUNTRY, 2020-2030 (%)
FIGURE 26.COMPARATIVE SHARE ANALYSIS OF MEAL REPLACEMENT DRINKS MARKET FOR DRUG STORES & PHARMACIES, BY COUNTRY,  2020-2030 (%)
FIGURE 27.COMPARATIVE SHARE ANALYSIS OF MEAL REPLACEMENT DRINKS MARKET FOR CONVENIENCE STORES, BY COUNTRY,  2020-2030 (%)
FIGURE 28.COMPARATIVE SHARE ANALYSIS OF MEAL REPLACEMENT DRINKS MARKET FOR ONLINE CHANNELS, BY COUNTRY, 2020-2030 (%)
FIGURE 29.COMPARATIVE SHARE ANALYSIS OF MEAL REPLACEMENT DRINKS MARKET FOR OTHERS, BY COUNTRY, 2020-2030 (%)
FIGURE 30.MEAL REPLACEMENT DRINKS MARKET, BY REGION, 2020 (%)
FIGURE 31.U.S. MEAL REPLACEMENT DRINKS MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 32.CANADA MEAL REPLACEMENT DRINKS MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 33.MEXICO MEAL REPLACEMENT DRINKS MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 34.GERMANY MEAL REPLACEMENT DRINKS MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 35.UK MEAL REPLACEMENT DRINKS MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 36.FRANCE MEAL REPLACEMENT DRINKS MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 37.ITALY MEAL REPLACEMENT DRINKS MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 38.SPAIN MEAL REPLACEMENT DRINKS MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 39.REST OF EUROPE MEAL REPLACEMENT DRINKS MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 40.CHINA MEAL REPLACEMENT DRINKS MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 41.JAPAN MEAL REPLACEMENT DRINKS MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 42.INDIA NMEAL REPLACEMENT DRINKS MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 43.AUSTRALIA MEAL REPLACEMENT DRINKS MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 44.SOUTH KOREA MEAL REPLACEMENT DRINKS MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 45.REST OF ASIA-PACIFIC MEAL REPLACEMENT DRINKS MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 46.BRAZIL MEAL REPLACEMENT DRINKS MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 47.ARGENTINA MEAL REPLACEMENT DRINKS MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 48.UNITED ARAB EMIRATES MEAL REPLACEMENT DRINKS MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 49.SOUTH AFRICA MEAL REPLACEMENT DRINKS MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 50.REST OF LAMEA MEAL REPLACEMENT DRINKS MARKET REVENUE, 2020–2030 ($MILLION)


 
 

According to CXOs, the occurrence of obesity and weight-related concerns in individuals is rapidly growing, prompting people to change toward healthier eating options. Obesity raises an individual's risk of diabetes, cardiovascular mortality, and hypertension. Meal replacement products are ideal long-term weight management options, as they help people lose more weight than other strategies.

Hectic lifestyles of the urban population as well as surge in working population have reduced the time available for the consumption of an entire meal. As a result, to meet their calorie requirements, the populace is migrating toward handy and small-portion meal options. Nutrition bars and ready-to-drink shakes are portable, convenient, and a healthier option for a short, on-the-go meal or instant consumption. The availability of meal replacement products in a variety of varieties and tastes, on the other hand, is a driving element of the industry. As a result, these bars and ready-to-drink shakes are gaining popularity, particularly among the working class population, youths, hostel dwellers, and bachelors.

 

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A. The global meal replacement drinks market size was valued at $4,460.0 million in 2020, and is estimated to reach $9,036.9 million by 2030, registering a CAGR of 7.6% from 2021 to 2030.

A. The global meal replacement drinks market registered a CAGR of 7.6% from 2021 to 2030.

A. Raise the query and paste the link of the specific report and our sales executive will revert with the sample.

A. The forecast period in the meal replacement drinks market report is from 2021 to 2030.

A. The top companies that hold the market share in meal replacement drinks market include Amway International Inc, Abbott Laboratories, Trinkkost GmbH, Herbalife International of America, Inc., and Nestle S/A.

A. The meal replacement drinks market report has 3 segments. The segments are product type, flavor, and sales channel.

A. The emerging countries in the meal replacement drinks market are likely to grow at a CAGR of more than 11% from 2021 to 2030.

A. Post COVID-19, the ease of lockdown had improved the supply chain for meal replacement drinks products and with the increasing population in Asia-Pacific region the demand for meal replacement drinks has improved.

A. North America will dominate the meal replacement drinks market by the end of 2030.

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