DUBLIN, May 11, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Meal Replacement market 2016-2020" report to their offering.
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The global meal replacement market to grow at a CAGR of 7.1% during the period 2016-2020.
Global Meal Replacement Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Meal replacement products provide 200-250 calories per serving and are fortified with more than 20 vitamins and minerals; they do not contain fat or sugar. They are mainly intended for weight control and act as a substitute for a solid meal containing all the major nutrients. They are designed to replace one or two meals per day.
Growth of e-commerce sector is one of the major factor driving the market. The factor behind this trend is the increased effort by retailers to shift online to gain better visibility and offer purchasing convenience. In addition, on-the-go meal replacements will further augment the demand during the forecast period.
According to the report, one of the emerging drivers in the market is the growing popularity of protein bars. They are considered to be high in proteins and fibers and low in carbohydrates and sodium, and they also contain vitamins, minerals, and antioxidants. Most people consume protein bars as a health supplement to counter nutrition loss and as an on-the-go breakfast.
Further, the report states that one of the main challenges is the ignorance about meal replacement products. There are sections of the global population that are ignorant about the benefits of having an adequate intake of proteins, antioxidants, minerals, and vitamins, and their benefits in everyday life.
Key vendors
- Abbott Nutrition
- Herbalife
- Kellogg
- SlimFast
Other prominent vendors
- Amazing Grass
- Glanbia
- GSK
- Healthy 'N Fit International
- Kraft Heinz
- MET-Rx
- Nouveau Dietetique
- Nutiva
- Nutrisystem
- Onnit Labs
- Orgain
- Ultimate Superfoods
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by product type
Part 07: Geographical segmentation
Part 08: Key leading countries
Part 09: Market drivers
Part 10: Impact of drivers
Part 11: Market challenges
Part 12: Impact of drivers and challenges
Part 13: Market trends
Part 14: Vendor landscape
Part 15: Appendix
For more information visit http://www.researchandmarkets.com/research/wnj2jc/global_meal
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