An
alarming rise in obesity around the globe, busy lifestyles of the
urban population, rise in number of working women have all made the
practice of preparing whole meals quite infrequent on a global front.
The need to replace whole meals with something that can be quickly
prepared and has equivalent nutritional value has boosted of the
global market for meal replacement products.
The report on the global
market for meal replacement gives detailed insights into the
market and presents a 360-degree overview of the market and its key
elements, on global as well as regional fronts. The report presents
estimates and forecast regarding the overall growth prospects of the
key segments of the market over the period between 2012 and 2018.
The report also gives a detailed overview of the impact of key growth
drivers, challenges, and major trends on the overall development of
the global meal replacement products market over the report’s
forecast period. Key market elements have been elucidated with the
help of vast quantitative and qualitative data. Information compiled
in the report makes it an efficient data repository for readers. It
also helps them in effective decision-making.
The vast volume of data included in the report has been gathered with
the help of a number of primary and secondary research methods and
inputs from industry experts. Information obtained has been narrowed
down, to precisely bring before readers only the most important
market figures and other details, with the help of industry-best
analytical methods.
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Global Meal Replacement Products Market: Overview
The major factors working in favor of the global meal replacement
products market include the rising consumer demand for
easy-to-prepare, nutritional products. The use of numerous meal
replacement products in weight-loss regimens has also led to their
widespread popularity in the past few years.
The growth of the global meal replacement market has remained steady
in the past years despite rise in competition from weight loss
services and the recent economic depression. The market is expected
to embark on a steady growth path over the future years as well owing
to the rising health consciousness and disposable incomes.
The report segments the global meal replacement products market on
the basis of product type and geography.
On the basis of product type, the market has been segmented into
ready to drink shakes, powdered products, and edible bars. On the
basis of geography, the market has been segmented into Asia Pacific,
North America, Europe, and Rest of the World.
Global Meal Replacement Products Market: Key Market Players
The lucrative growth opportunities offered by the global market for
meal replacement products has prompted many renowned food and
beverage companies in venturing into this market in the past few
years. Many specialty meal replacement and nutritional product
vendors have also established their businesses amid favorable growth
prospects and excellent consumer response.
Some of the key companies in the market are Unilever, Impulse and
Indulgence Products, Frito-Lay Co., Abbott Laboratories, Campbell
Foodservice Co., Nutrition/Staples, General Mills Inc., Dole Food Co.
Inc., Conagra Foods Inc., Chiquita Brands Inc., Kraft Foods Inc., Jm
Smucker Co., Nestle USA Inc., and Heinz Foodservice.
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