Global Meal Replacement Shake Market Growth 2023-2029

Global Meal Replacement Shake Market Growth 2023-2029

Meal replacement products refer to pre-packaged products made of calories or beverages, in the form of sticks or beverages (ready to drink or powder), that is, instead of regular meals. Meal replacement foods usually provide 200 to 250 calories per serving, and are fortified with more than 20 vitamins and minerals at a "good" or "excellent source" level, and often claim nutrients such as fat-free percentage and low sugar content . Meal replacement foods can be used as regular foods or functional foods.
Meal replacement milkshake is a kind of meal replacement product, that is, the use of milkshake to replace part or all of the food in the meal. Meal replacement milkshake products mainly include two types: solid powder and ready-to-drink liquid beverages.
LPI (LP Information)' newest research report, the “Meal Replacement Shake Industry Forecast” looks at past sales and reviews total world Meal Replacement Shake sales in 2022, providing a comprehensive analysis by region and market sector of projected Meal Replacement Shake sales for 2023 through 2029. With Meal Replacement Shake sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Meal Replacement Shake industry.
This Insight Report provides a comprehensive analysis of the global Meal Replacement Shake 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 Meal Replacement Shake portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Meal Replacement Shake market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Meal Replacement Shake and breaks down the forecast by type, by distribution 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 Meal Replacement Shake.
The global Meal Replacement Shake market size is projected to grow from US$ 5030.2 million in 2022 to US$ 8614 million in 2029; it is expected to grow at a CAGR of 8614 from 2023 to 2029.
At present, major global manufacturers include Herbalife, Nestle, Abbott, SlimFast (GPN), Premier (BellRing Brands), etc. The share of major manufacturers will exceed 45%.
From the perspective of global geographic distribution, the main sales area is North America. The North American Meal Replacement Shake market accounted for about 36% of the global market, followed by the Asia-Pacific region, which accounted for about 32% of the global market.
In terms of product types and technologies, the product types in the Meal Replacement Shake market mainly include ready-to-drink liquid beverages and solid powders. The sales volume of liquid beverages accounts for approximately 68% of the total market.
From the perspective of product market applications, the Meal Replacement Shake market is divided into online sales and offline sales. Due to the impact of the epidemic, people are restricted in access to the outdoors, online consumer demand is showing an increasing trend, especially in China. Online sales account for more than 55% of the global market.
This report presents a comprehensive overview, market shares, and growth opportunities of Meal Replacement Shake market by product type, distribution channel, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Ready-to-Drink Liquid Beverages
Solid Powder
Segmentation by distribution channel
Offline Sales
Online Sales
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
Nestle
PepsiCo
Abbott
Kellogg
SlimFast (GPN)
Premier (BellRing Brands)
Myprotein
Nature's Bounty
Fairlife
VEGA
Orgain
Simply Good Foods
Soylent
Protein World
Smeal
Wonderlab
Szwgmf
By-Health
Bishengyuan
Chinacpt
Ffit8
Misszero

Key Questions Addressed in this Report
What is the 10-year outlook for the global Meal Replacement Shake market?
What factors are driving Meal Replacement Shake market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Meal Replacement Shake market opportunities vary by end market size?
How does Meal Replacement Shake break out type, distribution 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.