Asia-Pacific Meal Replacement Products Market Trends, Size, Competitive Analysis and Forecast 2021-2027
Asia-Pacific Meal Replacement Products market is anticipated to showcase significant CAGR of 10.0% during the forecast period (2021-2027). 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 region are highly inclined towards expanding their production capabilities via expansion of their production facilities. Further, the key players including Amway, Herbalife, Nestle SA, Glanbia PLC,Mondelez International, Inc., and Bulk Nutrients among others are contributing towards the Asia-Pacific meal replacement products market growth.
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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. For instance, in January 2018, Herbalife Nutrition India, a
global nutritional company, had launched Strawberry flavor variant of Formula 1
Nutritional shake mix in India. This adds to choices offered by the existing
line-up of flavors of the highly successful Formula 1 range of protein shakes:
Vanilla, Chocolate, Mango and Orange Cream. One serving of Formula 1 Strawberry
flavor shake mix provides 95 kcal of energy and is simple to prepare and is
also low in glycemic index (GI).
A
full Report of Asia-Pacific Meal Replacement Products Market is Available
at: https://www.omrglobal.com/industry-reports/asia-pacific-meal-replacement-products-market
·
Market number available for – 2020-2027
·
Base year- 2020
·
Forecast period- 2021-2027
Segment Covered-
·
By Product Type
·
Distribution Channel
·
Competitive Landscape- Hexagon Nutrition Pvt. Ltd.,
The Kraft Heinz Co., Kellogg Company, General Mills, Abbott Nutrition
·
Ready-to-Drink
Products
·
Nutritional
Bars
·
Powdered
Products
·
Others
By
Distribution Channel
·
Convenience
Stores
·
Supermarket/Hypermarket
·
Online
Store
·
Others
Asia-Pacific
Meal Replacement Products Market Report Segment by Country
·
China
·
India
·
Japan
·
South
Korea
Rest of
Asia-Pacific
Company
Profiles
·
Herbalife
International of America, Inc.
·
Hexagon
Nutrition Pvt. Ltd.
·
Amway
India
·
The
Kraft Heinz Co.
·
Kellogg
Company
·
MyDaily
Meal
·
Marico
Industries Ltd (Saffola)
·
General
Mills
·
Abbott
Nutrition
·
Naturell
(India) Pvt. Ltd.
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