Key Players Contribution to Fuel the European Meal Replacement Products Market

European Meal Replacement Products market is anticipated to showcase moderate CAGR of 4.7% 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 Arca Continental, S.A.B. De C.V., Aryzta AG, Conagra Brands, Inc., General Mills, Inc., Grupo Bimbo, Mondelez International, Inc., and Nestlé S.A. among others are contributing towards the European meal replacement products market growth.

Browse the full report description European Meal Replacement Products Market Size, Share & Trends Analysis Report by Product (Ready-to-Drink Products, Nutritional Bars, Powdered Products, and Others) by Distribution Channel (Convenience Stores, Supermarket/Hypermarket, Online Store, Others) Forecast period (2021-2027) at https://www.omrglobal.com/industry-reports/europe-meal-replacement-products-market

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 September 2019, Soylent Company had added Mint Chocolate drink to its existing roster of ready-to-drink meal replacements to offer consumers a dessert-like flavor experience. The drink features a soy-based protein and is suitable for vegans owing to its lactose-free recipeand is also gluten-free and packed with 36 essential nutrients along with omega 3. The drink is available at nearly 100 retail stores across UK; therefore, the large scale availability of such products across Europe is anticipated to drive the regional market growth.

Market Coverage

• Market number available for – 2020-2027
• Base year- 2020
• Forecast period- 2021-2027
• Segment Covered- 

o By Product Type

o Distribution Channel

• 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 dominates the market in base year?
• Which segment will project fastest growth in the market?
• How COVID-19 impacted the market?

o Deviation from pre-COVID forecast

o Most affected segment

• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

European 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

European Meal Replacement Products Market Report Segment by Country

• UK
• Germany 
• France
• Italy
• Spain
• Rest of Europe