Global Meal Replacement Food and Drinks Market Research Report 2022

A meal replacement is a drink, bar, soup, etc. intended as a substitute for a solid food, usually with controlled quantities of calories and nutrients.
Due to the COVID-19 pandemic, the global Meal Replacement Food and Drinks market size is estimated to be worth US$ million in 2021 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, the Europe Meal Replacement Food and Drinks market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe Meal Replacement Food and Drinks landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
Ready to Eat (RTE) accounting for % of the Meal Replacement Food and Drinks global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Online Sales segment is altered to an % CAGR throughout this forecast period and will hold a share about % in 2028.
The global major manufacturers of Meal Replacement Food and Drinks include Herbalife, CJ Cheiljedang, Shinsegae Food, OURHOME, Nestle, Kellogg, Dongwon, Abbott and Glanbia, etc. In terms of revenue, the global 3 largest players have a % market share of Meal Replacement Food and Drinks in 2021.
This report focuses on Meal Replacement Food and Drinks volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Meal Replacement Food and Drinks market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan, etc.
Global Meal Replacement Food and Drinks Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Ready to Eat (RTE)
Ready to Heat (RTH)
Ready to Cook (RTC)
Segment by Application
Online Sales
Offline Sales
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Colombia
Middle East & Africa
Turkey
Saudi Arabia
UAE
By Company
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