About High Protein Meal Replacement
High Protein Meal Replacement is intended to substitute for breakfast, lunch, or dinner. They are frequently high in nutrients but contain fewer calories than a meal. If you need help controlling your appetite, look for a high-protein meal replacement shake. Meal replacement shakes are high in essential vitamins, minerals, amino acids, and carbohydrates that your body requires to function. Eating a protein-rich diet can help people lose weight by preventing overeating. When combined with exercise, a high protein diet can aid in the development of lean muscle. Lean muscle burns more calories throughout the day, which can aid in weight loss.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
High protein meal replacement market presence of many global players such as Kellogg, Abbott Nutrition, Herbalife, and Unilever, the global market is highly fragmented and competitive. Rising health consciousness, combined with the prevalence of diseases like obesity and diabetes, is expected to spur innovation. Manufacturers concentrate on introducing new products with varying nutritional qualities in order to attract a younger consumer base. Some of the major trends observed in the industry include digital marketing and celebrity endorsements. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global High Protein Meal Replacement market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Abbott Laboratories (United States), Herbalife Nutrition (United States), Kellogg's (United States), Nestle (Switzerland), SlimFast (United States), Glanbia, Plc (Ireland), GlaxoSmithKline (United Kingdom), Nature’s Bounty (United States), Nutiva (United States) and Onnit Labs (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Abbott (United States), Ultimate Superfoods (United States) and Others.
Segmentation Overview
AMA Research has segmented the market of Global High Protein Meal Replacement market by Type (Powder, Bars, Beverages and Others), Application (Athletes, Gym Enthusiasts, Working Professionals, Kids and Others) and Region.
On the basis of geography, the market of High Protein Meal Replacement has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the High Protein Meal Replacement market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Ingredients, the sub-segment i.e. Organic will boost the High Protein Meal Replacement market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
On 20th January 2021, Solace Nutrition, LLC, a medical nutrition company that specialises in dietary supplements for metabolic conditions and chronic diseases, has acquired R-Kane Nutritionals, a brand of high-protein shakes and other weight loss products that are distributed to physicians and medical facilities for the treatment of obesity.
On 10th June 2021, Arla Food Ingredients is launching a new concept that includes three meal replacement product solutions. The idea is to demonstrate the versatility of the company's Lacprodan range of whey protein and micellar casein ingredients by showcasing solutions for ready-to-drink (RTD) beverages, high protein bars, and protein shakes.
Market Drivers
- Increasing Number of Working Women’s
- Rising Demand for Nutritious Products
Opportunities
- Ease of Buying Due To Availability of Various Distribution Channels
- Increasing Obesity Cases Encouraging People to Opt For Healthy Fast Foods
Restraints
- Lack of Awareness Regarding High Protein Meal Replacement Product
Challenges
- Protein Shakes Are Mistaken For High Protein Meal Replacement Shakes
- Implications for Regulation
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, High Protein Meal Replacement Manufacturer, High Protein Meal Replacement Supplier & Distributor, Government Bodies, Research Institutes and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.