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.
The leading vendors in the market are Abbott, Herbalife, Kellogg, Nestle, SlimFast, Glanbia, GlaxoSmithKline, Nature's Bounty, etc. There are numerous small local vendors presented in each regions, which make the meal replacement market highly competitive and fragmented. In 2017, top 3 vendors (Herbalife, Glanbia Abbott) totally occupied about 33.55% market share, based on sales volume.
Meal replacement products are sold mainly across three channels: branded retail; private label/original equipment manufacturer (OEM); and food services. Based on the distribution channel, the market is segmented into Retail Stores, Online Sales. Among these Retail Stores distribution channel is the major marketing method for meal replacement, almost 55.37% of meal replacement are sold through Retail Stores in 2017.
In 2018, the global Meal Replaceme market size was 11900 million US$ and it is expected to reach 17100 million US$ by the end of 2025, with a CAGR of 5.3% during 2019-2025.

This report focuses on the global Meal Replaceme status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Meal Replaceme development in United States, Europe and China.

The key players covered in this study
Abbott
Herbalife
Kellogg
Nestle
SlimFast
Glanbia
GlaxoSmithKline
Nature's Bounty
Nutiva
Onnit Labs
Orgain
Ultimate Superfoods

Market segment by Type, the product can be split into
Powder
Bars
Beverages
Others

Market segment by Application, split into
Retail Stores
Online Sales
Other

Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America

The study objectives of this report are:
To analyze global Meal Replaceme status, future forecast, growth opportunity, key market and key players.
To present the Meal Replaceme development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.

In this study, the years considered to estimate the market size of Meal Replaceme are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.