Meal Replacement Products Market Is Expected To Exhibit Significant Growth Over 2031
Global Meal Replacement Products market is anticipated to showcase moderate CAGR of 6.5% during the forecast period (2024-2031). The key factors that drive the growth of the meal replacement products market include the increasing focus of meal replacement products manufacturers towards innovations. The key companies across the globe are highly inclined towards expanding their production capabilities via expansion of their production facilities. For instance, in February 2020, Ascent Protein, a wholly owned subsidiary of Leprino Foods, Denver had launched Recovery Water, a water-based beverage that pairs high-quality protein with electrolytes to facilitates athletes to optimally recover post-workout.Get Free Sample link @ https://www.omrglobal.com/request-sample/meal-replacement-products-market
Recovery Water contains 20 grams of fast-digesting native whey protein and 2.5 grams of naturally occurring leucine to trigger muscle protein synthesis. It has 100 calories and zero artificial ingredients. Recovery Water is gluten-free, soy-free and made from whey produced without the artificial growth hormones rBST or rBGH. Further, the key players including Aryzta AG, Calbee, Inc., Campbell Soup Co., Conagra Brands, Inc., General Mills, Inc., Lamb Weston Holdings, Inc., Lorenz Bahlsen Snack-World Gmbh& Co KG, Mondelez International, Inc., Nestlé S.A. are contributing towards the global meal replacement products market growth.These manufacturers are adopting different growth strategies including capacity expansion, mergers and acquisitions, new product launch, and product innovation to remain competitive in the marketplace.
Full report of Meal Replacement Products Market available @ https://www.omrglobal.com/industry-reports/meal-replacement-products-market
Market Coverage
Segment Covered-
o By Product Type
o Distribution Channel
Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of World
Competitive Landscape- Hexagon Nutrition Pvt. Ltd., The Kraft Heinz Co., Kellogg Company, General Mills, Abbott Nutrition
Key questions addressed by the report
What is the market growth rate?
Which segment and region dominates the market in base year?
Which segment and region will project fastest growth in the market?
How COVID-19 impacted the market?
o Deviation from pre-COVID forecast
o Most affected region and segment
Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?
Global Meal Replacement Products Market Report Segment
By Product Type
Ready-to-Drink Products
Nutritional Bars
Powdered Products
Others
By Distribution Channel
Convenience Stores
Supermarket/Hypermarket
Online Store
Others
Reasons to Buying From us -
1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/meal-replacement-products-market
Media Contact:
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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