Meal Replacement Industry Research Report 2025

Summary

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.

According to APO Research, The global Meal Replacement market was valued at US$ million in 2024 and is anticipated to reach US$ million by 2031, witnessing a CAGR of xx% during the forecast period 2025-2031.

North American market for Meal Replacement is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

Asia-Pacific market for Meal Replacement is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

Europe market for Meal Replacement is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

The major global companies of Meal Replacement include Abbott, Herbalife, Kellogg, Nestle, SlimFast, Glanbia, GlaxoSmithKline, Nature's Bounty and Nutiva, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

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.
The Meal Replacement market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Meal Replacement market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2020-2025. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses.

Meal Replacement Segment by Company

Abbott
Herbalife
Kellogg
Nestle
SlimFast
Glanbia
GlaxoSmithKline
Nature's Bounty
Nutiva
Onnit Labs
Orgain
Ultimate Superfoods
Meal Replacement Segment by Type

Powder
Bars
Beverages
Others
Meal Replacement Segment by Application

Retail Stores
Online Sales
Other
Meal Replacement Segment by Application

Retail Stores
Online Sales
Other
Meal Replacement Segment by Region

North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Russia
Netherlands
Nordic Countries
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Saudi Arabia
Israel
United Arab Emirates
Turkey
Iran
Egypt

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Meal Replacement market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Meal Replacement and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Meal Replacement.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Provides the analysis of various market segments product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments 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 5: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 6: Detailed analysis of Meal Replacement companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 7, 8, 9, 10, 11: North America, Europe, Asia Pacific, South America, Middle East and Africa segment by country. 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, and capacity of each country in the world.
Chapter 12: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including revenue, gross margin, product introduction, recent development, etc.
Chapter 13: The main points and conclusions of the report.

Please Note: Single-User license will be delivered via PDF from the publisher without the rights to print or to edit.


1 Preface
1.1 Scope of Report
1.2 Reasons for Doing This Study
1.3 Research Methodology
1.4 Research Process
1.5 Data Source
1.5.1 Secondary Sources
1.5.2 Primary Sources
2 Market Overview
2.1 Product Definition
2.2 Meal Replacement by Type
2.2.1 Market Value Comparison by Type (2020 VS 2024 VS 2031)
2.2.2 Powder
2.2.3 Bars
2.2.4 Beverages
2.2.5 Others
2.3 Meal Replacement by Application
2.3.1 Market Value Comparison by Application (2020 VS 2024 VS 2031)
2.3.2 Retail Stores
2.3.3 Online Sales
2.3.4 Other
2.4 Assumptions and Limitations
3 Meal Replacement Breakdown Data by Type
3.1 Global Meal Replacement Historic Market Size by Type (2020-2025)
3.2 Global Meal Replacement Forecasted Market Size by Type (2026-2031)
4 Meal Replacement Breakdown Data by Application
4.1 Global Meal Replacement Historic Market Size by Application (2020-2025)
4.2 Global Meal Replacement Forecasted Market Size by Application (2026-2031)
5 Global Growth Trends
5.1 Global Meal Replacement Market Perspective (2020-2031)
5.2 Global Meal Replacement Growth Trends by Region
5.2.1 Global Meal Replacement Market Size by Region: 2020 VS 2024 VS 2031
5.2.2 Meal Replacement Historic Market Size by Region (2020-2025)
5.2.3 Meal Replacement Forecasted Market Size by Region (2026-2031)
5.3 Meal Replacement Market Dynamics
5.3.1 Meal Replacement Industry Trends
5.3.2 Meal Replacement Market Drivers
5.3.3 Meal Replacement Market Challenges
5.3.4 Meal Replacement Market Restraints
6 Market Competitive Landscape by Players
6.1 Global Top Meal Replacement Players by Revenue
6.1.1 Global Top Meal Replacement Players by Revenue (2020-2025)
6.1.2 Global Meal Replacement Revenue Market Share by Players (2020-2025)
6.2 Global Meal Replacement Industry Players Ranking, 2023 VS 2024 VS 2025
6.3 Global Key Players of Meal Replacement Head Office and Area Served
6.4 Global Meal Replacement Players, Product Type & Application
6.5 Global Meal Replacement Manufacturers Established Date
6.6 Global Meal Replacement Market CR5 and HHI
6.7 Global Players Mergers & Acquisition
7 North America
7.1 North America Meal Replacement Market Size (2020-2031)
7.2 North America Meal Replacement Market Growth Rate by Country: 2020 VS 2024 VS 2031
7.3 North America Meal Replacement Market Size by Country (2020-2025)
7.4 North America Meal Replacement Market Size by Country (2026-2031)
7.5 United States
7.5 United States
7.6 Canada
7.7 Mexico
8 Europe
8.1 Europe Meal Replacement Market Size (2020-2031)
8.2 Europe Meal Replacement Market Growth Rate by Country: 2020 VS 2024 VS 2031
8.3 Europe Meal Replacement Market Size by Country (2020-2025)
8.4 Europe Meal Replacement Market Size by Country (2026-2031)
8.5 Germany
8.6 France
8.7 U.K.
8.8 Italy
8.9 Spain
8.10 Russia
8.11 Netherlands
8.12 Nordic Countries
9 Asia-Pacific
9.1 Asia-Pacific Meal Replacement Market Size (2020-2031)
9.2 Asia-Pacific Meal Replacement Market Growth Rate by Country: 2020 VS 2024 VS 2031
9.3 Asia-Pacific Meal Replacement Market Size by Country (2020-2025)
9.4 Asia-Pacific Meal Replacement Market Size by Country (2026-2031)
9.5 China
9.6 Japan
9.7 South Korea
9.8 India
9.9 Australia
9.10 China Taiwan
9.11 Southeast Asia
10 South America
10.1 South America Meal Replacement Market Size (2020-2031)
10.2 South America Meal Replacement Market Growth Rate by Country: 2020 VS 2024 VS 2031
10.3 South America Meal Replacement Market Size by Country (2020-2025)
10.4 South America Meal Replacement Market Size by Country (2026-2031)
10.5 Brazil
10.6 Argentina
10.7 Chile
10.8 Colombia
10.9 Peru
11 Middle East & Africa
11.1 Middle East & Africa Meal Replacement Market Size (2020-2031)
11.2 Middle East & Africa Meal Replacement Market Growth Rate by Country: 2020 VS 2024 VS 2031
11.3 Middle East & Africa Meal Replacement Market Size by Country (2020-2025)
11.4 Middle East & Africa Meal Replacement Market Size by Country (2026-2031)
11.5 Saudi Arabia
11.6 Israel
11.7 United Arab Emirates
11.8 Turkey
11.9 Iran
11.10 Egypt
12 Players Profiled
12.1 Abbott
12.1.1 Abbott Company Information
12.1.2 Abbott Business Overview
12.1.3 Abbott Revenue in Meal Replacement Business (2020-2025)
12.1.4 Abbott Meal Replacement Product Portfolio
12.1.5 Abbott Recent Developments
12.2 Herbalife
12.2.1 Herbalife Company Information
12.2.2 Herbalife Business Overview
12.2.3 Herbalife Revenue in Meal Replacement Business (2020-2025)
12.2.4 Herbalife Meal Replacement Product Portfolio
12.2.5 Herbalife Recent Developments
12.3 Kellogg
12.3.1 Kellogg Company Information
12.3.2 Kellogg Business Overview
12.3.3 Kellogg Revenue in Meal Replacement Business (2020-2025)
12.3.4 Kellogg Meal Replacement Product Portfolio
12.3.5 Kellogg Recent Developments
12.4 Nestle
12.4.1 Nestle Company Information
12.4.2 Nestle Business Overview
12.4.3 Nestle Revenue in Meal Replacement Business (2020-2025)
12.4.4 Nestle Meal Replacement Product Portfolio
12.4.5 Nestle Recent Developments
12.5 SlimFast
12.5.1 SlimFast Company Information
12.5.2 SlimFast Business Overview
12.5.3 SlimFast Revenue in Meal Replacement Business (2020-2025)
12.5.4 SlimFast Meal Replacement Product Portfolio
12.5.5 SlimFast Recent Developments
12.6 Glanbia
12.6.1 Glanbia Company Information
12.6.2 Glanbia Business Overview
12.6.3 Glanbia Revenue in Meal Replacement Business (2020-2025)
12.6.4 Glanbia Meal Replacement Product Portfolio
12.6.5 Glanbia Recent Developments
12.7 GlaxoSmithKline
12.7.1 GlaxoSmithKline Company Information
12.7.2 GlaxoSmithKline Business Overview
12.7.3 GlaxoSmithKline Revenue in Meal Replacement Business (2020-2025)
12.7.4 GlaxoSmithKline Meal Replacement Product Portfolio
12.7.5 GlaxoSmithKline Recent Developments
12.8 Nature's Bounty
12.8.1 Nature's Bounty Company Information
12.8.2 Nature's Bounty Business Overview
12.8.3 Nature's Bounty Revenue in Meal Replacement Business (2020-2025)
12.8.4 Nature's Bounty Meal Replacement Product Portfolio
12.8.5 Nature's Bounty Recent Developments
12.9 Nutiva
12.9.1 Nutiva Company Information
12.9.2 Nutiva Business Overview
12.9.3 Nutiva Revenue in Meal Replacement Business (2020-2025)
12.9.4 Nutiva Meal Replacement Product Portfolio
12.9.5 Nutiva Recent Developments
12.10 Onnit Labs
12.10.1 Onnit Labs Company Information
12.10.2 Onnit Labs Business Overview
12.10.3 Onnit Labs Revenue in Meal Replacement Business (2020-2025)
12.10.4 Onnit Labs Meal Replacement Product Portfolio
12.10.5 Onnit Labs Recent Developments
12.11 Orgain
12.11.1 Orgain Company Information
12.11.2 Orgain Business Overview
12.11.3 Orgain Revenue in Meal Replacement Business (2020-2025)
12.11.4 Orgain Meal Replacement Product Portfolio
12.11.5 Orgain Recent Developments
12.12 Ultimate Superfoods
12.12.1 Ultimate Superfoods Company Information
12.12.2 Ultimate Superfoods Business Overview
12.12.3 Ultimate Superfoods Revenue in Meal Replacement Business (2020-2025)
12.12.4 Ultimate Superfoods Meal Replacement Product Portfolio
12.12.5 Ultimate Superfoods Recent Developments
13 Report Conclusion
14 Disclaimer

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings