Meal Replacement Market to see 7.1% CAGR, Worth $12B by 2020
PUNE, India, May 6, 2016 /PRNewswire/ --
Growth of e-commerce is one of the major factors driving the meal replacement market globally, with increased effort by retailers to shift online in order to gain better visibility and offer purchasing convenience. In addition, on-the-go meal replacements will further augment the demand during the forecast period. Analysts forecast global meal replacement market to grow at a CAGR of 7.1% during the period 2016-2020.
Complete report on meal replacement market spread across 63 pages, analyzing 4 major companies and providing 31 data exhibits is now available at http://www.rnrmarketresearch.com/global-meal-replacement-market-2016-2020-market-report.html.
One of the emerging drivers in the meal replacement 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.
Global Meal Replacement Market 2016-2020 report has been prepared based on an in-depth market analysis with inputs from industry experts. This 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. This report covers the present scenario and the growth prospects of the global meal replacement market for 2020. To calculate the market size, the report considers the revenue generated through retail sales of meal replacement products.
The Meal Replacement Market is divided into the Following Segments Based on Geography: Americas, APAC and EMEA: 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.
Key players in the global meal replacement market: Abbott Nutrition, Herbalife, Kellogg, and SlimFast. Other prominent vendors in the market are: Amazing Grass, Glanbia, GSK, Healthy 'N Fit International, Kraft Heinz, MET-Rx, Nouveau Dietetique, Nutiva, Nutrisystem, Onnit Labs, Orgain, and Ultimate Superfoods. Order a copy of Global Meal Replacement Market 2016-2020 report @ http://www.rnrmarketresearch.com/contacts/purchase?rname=539887.
Further, the meal replacement market 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.
Another related report is Global Naturally Healthy Foods Market 2016-2020, where analysts forecast global health and wellness food market to grow at a CAGR of 5.81% during the period 2016-2020. This report covers the present scenario and the growth prospects of the global naturally healthy foods market for the period 2016-2020. To calculate the market size, the report considers the revenue from retail sales of naturally healthy packaged foods and beverages.
Key players in the global naturally healthy foods market: Danone, General Mills, Kraft Heinz, Nestlé, and Kellogg. Other prominent vendors in the market are: Abbott Laboratories, Aleias Gluten Free Foods, Arla Foods, Blue Diamond Growers, Bob's Red Mill Natural Foods, Boulder Brands, Chiquita Brands, Dean Foods, Eden Foods, Fifty 50 Foods, Fonterra, Ganaderos Productores de Leche Pura (Alpura), Harvest Innovations, Hormel Foods, House Foods America Holding, J.M. Smucker, Keurig Green Mountain, Living Harvest, Mead Johnson Nutrition, Nature's Path Foods, Panos Brands, Pinnacle, Scoular Co, Stremick's Heritage Foods, The Coco-Cola Company, The Great Nutrition, The Hain Celestial Group, Tofurky, Unilever, Wild Oats Markets, and Worthington Foods. Browse complete report @ http://www.rnrmarketresearch.com/global-naturally-healthy-foods-market-2016-2020-market-report.html .
Explore other new reports on Health & Natural Foods Market @ http://www.rnrmarketresearch.com/reports/food-beverage/food/health-natural-foods.
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