Market Overview:
The global meal replacement for dieting market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing awareness about healthy eating habits and rising obesity rates across the globe. Additionally, factors such as busy lifestyles and growing demand for convenience foods are also contributing to the growth of this market. The meal replacement powders segment is expected to dominate the global meal replacement for dieting market during the forecast period, owing to their easy portability and long shelf life. The meal replacement bars segment is also anticipated to witness significant growth during the forecast period, due to their growing popularity among health-conscious consumers.
Product Definition:
A meal replacement is a drink, bar, or shake that takes the place of a regular meal. They are often used for weight loss or to maintain a healthy weight. Meal replacements are important for dieting because they can help control calorie intake and provide essential nutrients.
Meal Replacement Powders:
Meal replacement powders are premixes of complete nutrients, which are used as substitutes for meals. They contain a number of essential vitamins and minerals along with some additional ingredients like omega 3 fatty acids and fibers. The meal replacement powders can be used by both males & females equally. It is highly recommended for people who want to lose weight or maintain their body weight.
The global market size was valued at USD 1,386 million in 2016.
Meal Replacement Bars:
Meal replacement bars are designed to provide the same number of calories as a regular meal but in a smaller and more convenient form. They are intended to be used instead of meals or any other snacks as part of an on-going weight loss program.
The product is available in different forms such as protein bars, nutrition bars, and diet snack bars among others.
Application Insights:
The retail stores application segment accounted for the largest revenue share of over 40% in 2017. The growth is attributed to the increasing number of fitness centers, health clubs and personal trainers where consumers can easily replace meals with meal replacement products. Moreover, rising demand for healthy food options at affordable prices has been driving the retailers to introduce these products in their stores.
Online sales are expected to expand at a significant CAGR owing to growing internet penetration and rising disposable income among developing countries such as India, China and Brazil. In addition, factors such as shifting consumer preference towards convenient food options due to hectic work life schedules will drive this market further over the forecast period.
Regional Analysis:
North America dominated the meal replacement for dieting market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing awareness about health, rising obesity rates, and an increase in spending on dietary supplements. Asia Pacific is anticipated to witness significant growth over the coming years owing to a rise in consumer disposable income levels and changing lifestyles of individuals resulting into an increase in demand for nutritional products that aid weight loss.
The major companies operating within this industry include Abbott; Nestl©; Danone; General Mills Inc.; Kellogg Co.; PepsiCo Inc.; Tyson Food Inc., among others.
Growth Factors:
- Increasing obesity rates across the globe
- Rising awareness about the benefits of meal replacement for dieting
- Availability of a wide variety of meal replacement products in the market
- Growing number of people who are looking for convenient and healthy weight loss solutions
- Advances in food technology that have made it possible to develop better tasting and more nutritious meal replacement products
Scope Of The Report
Report Attributes
Report Details
Report Title
Meal Replacement for Dieting Market Research Report
By Type
Meal Replacement Powders, Meal Replacement Bars, Meal Replacement Drinks, Others
By Application
Retail Stores, Online Sales
By Companies
Abbott, Herbalife, Kellogg, Nestle, SlimFast, Glanbia, GlaxoSmithKline, Nature's Bounty, Nutiva, Onnit Labs, Orgain, Ultimate Superfoods
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
226
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global Meal Replacement for Dieting Market Report Segments:
The global Meal Replacement for Dieting market is segmented on the basis of:
Types
Meal Replacement Powders, Meal Replacement Bars, Meal Replacement Drinks, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Retail Stores, Online Sales
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Abbott
- Herbalife
- Kellogg
- Nestle
- SlimFast
- Glanbia
- GlaxoSmithKline
- Nature's Bounty
- Nutiva
- Onnit Labs
- Orgain
- Ultimate Superfoods
Highlights of The Meal Replacement for Dieting Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Meal Replacement Powders
- Meal Replacement Bars
- Meal Replacement Drinks
- Others
- By Application:
- Retail Stores
- Online Sales
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Meal Replacement for Dieting Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A meal replacement is a food or drink that is designed to replace one or more meals per day. Meal replacements can be used as part of a weight loss plan, as an aid to maintain weight loss, or for general health reasons.
Some of the major players in the meal replacement for dieting market are Abbott, Herbalife, Kellogg, Nestle, SlimFast, Glanbia, GlaxoSmithKline, Nature's Bounty, Nutiva, Onnit Labs, Orgain, Ultimate Superfoods.
The meal replacement for dieting market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Meal Replacement for Dieting Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Meal Replacement for Dieting Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Meal Replacement for Dieting Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Meal Replacement for Dieting Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Meal Replacement for Dieting Market Size & Forecast, 2018-2028
4.5.1 Meal Replacement for Dieting Market Size and Y-o-Y Growth
4.5.2 Meal Replacement for Dieting Market Absolute $ Opportunity
Chapter 5 Global Meal Replacement for Dieting Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Meal Replacement for Dieting Market Size Forecast by Type
5.2.1 Meal Replacement Powders
5.2.2 Meal Replacement Bars
5.2.3 Meal Replacement Drinks
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Meal Replacement for Dieting Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Meal Replacement for Dieting Market Size Forecast by Applications
6.2.1 Retail Stores
6.2.2 Online Sales
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Meal Replacement for Dieting Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Meal Replacement for Dieting Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Meal Replacement for Dieting Analysis and Forecast
9.1 Introduction
9.2 North America Meal Replacement for Dieting Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Meal Replacement for Dieting Market Size Forecast by Type
9.6.1 Meal Replacement Powders
9.6.2 Meal Replacement Bars
9.6.3 Meal Replacement Drinks
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Meal Replacement for Dieting Market Size Forecast by Applications
9.10.1 Retail Stores
9.10.2 Online Sales
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Meal Replacement for Dieting Analysis and Forecast
10.1 Introduction
10.2 Europe Meal Replacement for Dieting Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Meal Replacement for Dieting Market Size Forecast by Type
10.6.1 Meal Replacement Powders
10.6.2 Meal Replacement Bars
10.6.3 Meal Replacement Drinks
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Meal Replacement for Dieting Market Size Forecast by Applications
10.10.1 Retail Stores
10.10.2 Online Sales
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Meal Replacement for Dieting Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Meal Replacement for Dieting Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Meal Replacement for Dieting Market Size Forecast by Type
11.6.1 Meal Replacement Powders
11.6.2 Meal Replacement Bars
11.6.3 Meal Replacement Drinks
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Meal Replacement for Dieting Market Size Forecast by Applications
11.10.1 Retail Stores
11.10.2 Online Sales
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Meal Replacement for Dieting Analysis and Forecast
12.1 Introduction
12.2 Latin America Meal Replacement for Dieting Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Meal Replacement for Dieting Market Size Forecast by Type
12.6.1 Meal Replacement Powders
12.6.2 Meal Replacement Bars
12.6.3 Meal Replacement Drinks
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Meal Replacement for Dieting Market Size Forecast by Applications
12.10.1 Retail Stores
12.10.2 Online Sales
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Meal Replacement for Dieting Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Meal Replacement for Dieting Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Meal Replacement for Dieting Market Size Forecast by Type
13.6.1 Meal Replacement Powders
13.6.2 Meal Replacement Bars
13.6.3 Meal Replacement Drinks
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Meal Replacement for Dieting Market Size Forecast by Applications
13.10.1 Retail Stores
13.10.2 Online Sales
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Meal Replacement for Dieting Market: Competitive Dashboard
14.2 Global Meal Replacement for Dieting Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Abbott
14.3.2 Herbalife
14.3.3 Kellogg
14.3.4 Nestle
14.3.5 SlimFast
14.3.6 Glanbia
14.3.7 GlaxoSmithKline
14.3.8 Nature's Bounty
14.3.9 Nutiva
14.3.10 Onnit Labs
14.3.11 Orgain
14.3.12 Ultimate Superfoods
