Meal Replacement Products Market in LAMEA to grow at 7.8% CAGR during the during the forecast period (2019-2025) - KBV Research

30-Nov-2019 | Report Format: Electronic (PDF)

Growth, Trends and Report Highlights

According to a new report LAMEA Meal Replacement Products Market, published by KBV Research, the LAMEA (Latin America, Middle East and Africa) Meal Replacement Products Market size is expected to grow at a market growth of 7.8% CAGR during the forecast period.

The Brazil market dominated the LAMEA Meal Replacement Products Market by Country 2018, thereby, achieving a market value of $559.1 million by 2025, growing at a CAGR of 6.9 % during the forecast period. The Argentina market is expected to witness a CAGR of 8.7% during (2019 - 2025). Additionally, The UAE market is expected to witness a CAGR of 7.2% during (2019 - 2025).

The Offline market would reach a market size of $476.4 million by 2025, rising at a CAGR of 6.6 % during the forecast period. The Online market is anticipated to witness a CAGR of 9.1% during (2019 - 2025).

The Powder market contributed the highest revenue share to the UAE Meal Replacement Products Market by Product 2018, thereby, growing at a CAGR of 6.9 % during the forecast period. The Ready to Drink market is predicted to grow at 7.7% CAGR during (2019 - 2025). Additionally, The Powder market is forecasted to witness a CAGR of 6.9% during (2019 - 2025).

Based on Product, the market is segmented into Powder, Ready to Drink and Protein Bar. Based on Distribution Channel, the market is segmented into Online and Offline. The report also covers geographical segmentation of Meal Replacement Products market. The countries included in the report are Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria and Rest of LAMEA.

Structural Insights: https://www.kbvresearch.com/lamea-meal-replacement-products-market/

Key companies profiled in the report include Abbott Laboratories (Abbott Nutrition), Glanbia PLC, General Mills, Inc., Bob’s Red Mill Natural Foods, Inc., Unilever PLC, Nestle S.A., Herbalife International Inc., Kellogg Company, The Kraft Heinz Company and Blue Diamond Growers, Inc.