Global Home Meal Replacement (HMR) Market Growth 2023-2029

Global Home Meal Replacement (HMR) Market Growth 2023-2029

Home meal replacement (HMR) is a kind of buying meals to solve the behavior of cooking meals at home and reduce the time and workload consumed in the process of family meal preparation. It replaces the traditional way of cooking from original ingredients and allows consumers to buy them back and eat them directly.
LPI (LP Information)' newest research report, the “Home Meal Replacement (HMR) Industry Forecast” looks at past sales and reviews total world Home Meal Replacement (HMR) sales in 2022, providing a comprehensive analysis by region and market sector of projected Home Meal Replacement (HMR) sales for 2023 through 2029. With Home Meal Replacement (HMR) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Home Meal Replacement (HMR) industry.
This Insight Report provides a comprehensive analysis of the global Home Meal Replacement (HMR) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Home Meal Replacement (HMR) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Home Meal Replacement (HMR) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Home Meal Replacement (HMR) and breaks down the forecast by type, by sales channel, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Home Meal Replacement (HMR).
The global Home Meal Replacement (HMR) market size is projected to grow from US$ 94760 million in 2022 to US$ 207490 million in 2029; it is expected to grow at a CAGR of 207490 from 2023 to 2029.
The core vendors that provide Home Meal Replacement in the world include CJ Cheiljedang, etc. The largest vendor has a market share of about 10%. North America is the world's largest market, accounting for approximately 36% of the market, followed by Asia Pacific and Europe, accounting for 32% and 26%, respectively. Among them, RTE and RTH accounted for 60% and 32%, respectively. Online sales and offline sales accounted for 54% and 46%, respectively.
This report presents a comprehensive overview, market shares, and growth opportunities of Home Meal Replacement (HMR) market by product type, sales channel, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Ready to Eat (RTE)
Ready to Heat (RTH)
Ready to Cook (RTC)
Segmentation by sales channel
Online
Offline
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Herbalife
CJ Cheiljedang
Shinsegae Food
OURHOME
Nestle
Kellogg
Dongwon
Abbott
Glanbia
Huel
Kagome
Freshstone Brands
Theodor Rietmann GmbH
Arbutus Ridge Farms Ltd
OptiBiotix
Orgain
Smeal
BY-Health
Master Kong
Want Want
Wonderlab
Key Questions Addressed in this Report
What is the 10-year outlook for the global Home Meal Replacement (HMR) market?
What factors are driving Home Meal Replacement (HMR) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Home Meal Replacement (HMR) market opportunities vary by end market size?
How does Home Meal Replacement (HMR) break out type, sales channel?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.