Market Overview:
The global meal replacement shakes for weight loss market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing awareness about healthy lifestyles and rising obesity rates across the globe. In addition, growing demand for convenient and healthy food options is also propelling the growth of this market. The global meal replacement shakes for weight loss market can be segmented on the basis of type into powered form and ready-to-drink form. The powered form segment is expected to dominate the global meal replacement shakes for weight loss market during the forecast period owing to its high convenience quotient. However, ready-to-drink form is projected to grow at a higher CAGR than powered form during the forecast period due its easy availability and portability.
Product Definition:
Meal replacement shakes are a type of shake that is meant to replace one or more meals per day. They often contain protein, carbohydrates, and fat, as well as vitamins and minerals. Their purpose is to provide a balanced diet while also helping with weight loss.
Powered Form:
Powered form meal replacement products are those that have a higher content of protein, low fat and carbohydrates. These types of products help in weight loss by reducing the amount of food intake and increase the feeling of fullness. The major factor for its growth is that it has more nutrients than regular shakes thus making it effective for weight loss. It also helps to reduce cholesterol levels, blood pressure and improve heart health which makes it popular among consumers today.
Ready-to-Drink:
Ready-to-drink (RTD) is a beverage that contains all the essential ingredients to maintain energy levels and promote weight loss. The product is available in different flavors such as chocolate, vanilla, cappuccino, latte and other exotic flavors. It has low or no sugar content with high amount of caffeine boost which makes it an effective substitute for regular drinks.
The ready to drink market size was valued at USD 20 billion in 2015.
Application Insights:
The meal replacement category is gaining significant traction in the weight loss industry. The adult application segment held around 70% of the global market share in 2017 and is expected to witness a CAGR exceeding 7% from 2018 to 2030. This growth can be attributed to increasing health concerns, rising disposable income levels, and changing lifestyle among developed economies including the U.S., UK, Germany, France and Spain.
Meal replacement shakes are considered as an effective alternative for people who are trying to lose weight but cannot do so due to busy schedule or they lack of time for exercise routine. These nutritious & calorie-free drinks provide necessary nutrients required by bodybuilders & athletes along with energy which helps them perform better during training or any other physical activity program without feeling fatigued afterward like regular food does.
Regional Analysis:
North America dominated the meal replacement shakes market in 2017 owing to high consumer awareness about health and fitness, along with easy availability of a wide range of meal replacement products. Moreover, rising obesity levels are driving consumers towards diet plans for weight loss. The U.S.
Asia Pacific is expected to be the fastest-growing region during the forecast period owing to an increase in working women population who need nutritious food supplements for maintaining normal body weight.
Growth Factors:
- Increasing awareness about the health benefits of Meal Replacement Shakes for Weight Loss among consumers.
- Rising disposable income of consumers, which enables them to afford premium-priced Meal Replacement Shakes for Weight Loss products.
- Growing demand from young adults and millennials for healthy and convenient food options, such as Meal Replacement Shakes for Weight Loss shakes.
- Proliferation of online retail channels, which offer a wider variety of Meal Replacement Shakes for Weight Loss products at competitive prices.
Scope Of The Report
Report Attributes
Report Details
Report Title
Meal Replacement Shakes for Weight Loss Market Research Report
By Type
Powered Form, Ready-to-Drink
By Application
For Children, For Adults
By Companies
Premier, Labrada, SlimFast, IdealShape, Garden of Life, Nature's Bounty, Fit & Lean, Soylent, Iconic, Being Well Essentials, MET-Rx, KidzShake, Owyn, Ample, AdvoCare, Keto Chow, VEGA, Pure Protein, Muscle Milk
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
126
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global Meal Replacement Shakes for Weight Loss Market Report Segments:
The global Meal Replacement Shakes for Weight Loss market is segmented on the basis of:
Types
Powered Form, Ready-to-Drink
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
For Children, For Adults
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:
- Premier
- Labrada
- SlimFast
- IdealShape
- Garden of Life
- Nature's Bounty
- Fit & Lean
- Soylent
- Iconic
- Being Well Essentials
- MET-Rx
- KidzShake
- Owyn
- Ample
- AdvoCare
- Keto Chow
- VEGA
- Pure Protein
- Muscle Milk
Highlights of The Meal Replacement Shakes for Weight Loss 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:
- Powered Form
- Ready-to-Drink
- By Application:
- For Children
- For Adults
- 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 Shakes for Weight Loss 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
- Market Entry Strategies
- Business Expansion Strategies
- 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?
Meal replacement shakes are a type of diet that replace one or more meals with a shake. They can be helpful for people who want to lose weight, because they provide the calories and nutrients that the body needs to function properly.
Some of the major companies in the meal replacement shakes for weight loss market are Premier, Labrada, SlimFast, IdealShape, Garden of Life, Nature's Bounty, Fit & Lean, Soylent, Iconic, Being Well Essentials, MET-Rx, KidzShake, Owyn, Ample, AdvoCare, Keto Chow, VEGA, Pure Protein, Muscle Milk.
The meal replacement shakes for weight loss market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Meal Replacement Shakes for Weight Loss 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 Shakes for Weight Loss Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Meal Replacement Shakes for Weight Loss 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 Shakes for Weight Loss 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 Shakes for Weight Loss Market Size & Forecast, 2018-2028
4.5.1 Meal Replacement Shakes for Weight Loss Market Size and Y-o-Y Growth
4.5.2 Meal Replacement Shakes for Weight Loss Market Absolute $ Opportunity
Chapter 5 Global Meal Replacement Shakes for Weight Loss 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 Shakes for Weight Loss Market Size Forecast by Type
5.2.1 Powered Form
5.2.2 Ready-to-Drink
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Meal Replacement Shakes for Weight Loss 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 Shakes for Weight Loss Market Size Forecast by Applications
6.2.1 For Children
6.2.2 For Adults
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Meal Replacement Shakes for Weight Loss 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 Shakes for Weight Loss 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 Shakes for Weight Loss Analysis and Forecast
9.1 Introduction
9.2 North America Meal Replacement Shakes for Weight Loss 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 Shakes for Weight Loss Market Size Forecast by Type
9.6.1 Powered Form
9.6.2 Ready-to-Drink
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 Shakes for Weight Loss Market Size Forecast by Applications
9.10.1 For Children
9.10.2 For Adults
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 Shakes for Weight Loss Analysis and Forecast
10.1 Introduction
10.2 Europe Meal Replacement Shakes for Weight Loss 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 Shakes for Weight Loss Market Size Forecast by Type
10.6.1 Powered Form
10.6.2 Ready-to-Drink
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 Shakes for Weight Loss Market Size Forecast by Applications
10.10.1 For Children
10.10.2 For Adults
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 Shakes for Weight Loss Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Meal Replacement Shakes for Weight Loss 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 Shakes for Weight Loss Market Size Forecast by Type
11.6.1 Powered Form
11.6.2 Ready-to-Drink
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 Shakes for Weight Loss Market Size Forecast by Applications
11.10.1 For Children
11.10.2 For Adults
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 Shakes for Weight Loss Analysis and Forecast
12.1 Introduction
12.2 Latin America Meal Replacement Shakes for Weight Loss 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 Shakes for Weight Loss Market Size Forecast by Type
12.6.1 Powered Form
12.6.2 Ready-to-Drink
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 Shakes for Weight Loss Market Size Forecast by Applications
12.10.1 For Children
12.10.2 For Adults
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 Shakes for Weight Loss Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Meal Replacement Shakes for Weight Loss 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 Shakes for Weight Loss Market Size Forecast by Type
13.6.1 Powered Form
13.6.2 Ready-to-Drink
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 Shakes for Weight Loss Market Size Forecast by Applications
13.10.1 For Children
13.10.2 For Adults
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 Shakes for Weight Loss Market: Competitive Dashboard
14.2 Global Meal Replacement Shakes for Weight Loss Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Premier
14.3.2 Labrada
14.3.3 SlimFast
14.3.4 IdealShape
14.3.5 Garden of Life
14.3.6 Nature's Bounty
14.3.7 Fit & Lean
14.3.8 Soylent
14.3.9 Iconic
14.3.10 Being Well Essentials
14.3.11 MET-Rx
14.3.12 KidzShake
14.3.13 Owyn
14.3.14 Ample
14.3.15 AdvoCare
14.3.16 Keto Chow
14.3.17 VEGA
14.3.18 Pure Protein
14.3.19 Muscle Milk
