Meal Replacement Products Market In Europe 2024-2028
The meal replacement products market in europe is forecasted to grow by USD 1017.3 mn during 2023-2028, accelerating at a CAGR of 5.4% during the forecast period. The report on the meal replacement products market in europe provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by health benefits associated with meal replacement products, growing adoption of natural-ingredient-based meal substitutes, and availability of wide range of meal replacement products.
Technavio's meal replacement products market in europe is segmented as below:
By Product
- Powdered products
- Edible bars
- Ready-to-drink
- Others
By Geographical Landscape
This study identifies the increase in demand for gluten-free meal replacement products as one of the prime reasons driving the meal replacement products market in europe growth during the next few years. Also, rapid urbanization and increasing demand for new meal replacement products and popularity of protein bars and shakes will lead to sizable demand in the market.
The report on the meal replacement products market in europe covers the following areas:
- Meal Replacement Products Market in Europe sizing
- Meal Replacement Products Market in Europe forecast
- Meal Replacement Products Market in Europe industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading meal replacement products market in europe vendors that include Abbott Laboratories, Ambronite Oy, Amway Corp., Blue Diamond Growers Inc., Class Delta Ltd, Dare Group Ltd, Glanbia plc, Herbalife International of America Inc., Huel Inc., Kellogg Co., Nestle SA, Peeroton GmbH, SlimFast USA, Soylent Nutrition Inc., Supreme Imports Ltd, The Kraft Heinz Co., The Simply Good Foods Co., Unilever PLC, USN UK Ltd., and yfood Labs GmbH. Also, the meal replacement products market in europe analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.