Meal-Replacement Products is a set of drinks, soup, or bars, which is a substitute for the food meal. Meal-Replacement Products contains a specific amount of calories and nutrients in a prescribed way. Meal-Replacement Products incorporate proper labeling information to reduce fat content and provides efficient energy without malnutrition. In the United States, Food and Drug Administration regulations said that meal-replacement products constitute pre-packaged bars and beverage ranges that replaces general meals. Meal-Replacement Products generally bifurcated into Ready-to-Drink Products, Shakes, Edible Bars, Powdered Products, and Others, which extensively used in a diverse type of the applications in the market.
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Rising health benefits in the meal-replacement products in comparison to the conventional meals in the consumer base is driving the demand of the North America meal-replacement products market. Also, growing consumer awareness regarding healthy food habits will further boost the application of the North America meal-replacement products market. Besides, rapid urbanization with hectic lifestyles and new product launches will propel the North America Meal-Replacement Products market. Moreover, easy availability in retail outlets will inculcate the North America meal-replacement products market. Major giants in the food processing industry are launching new product ranges that will further propel the North America meal-replacement products market. However, the overdose of the meal-replacement products will illustrate some side-effects like bloating and diarrhea, which is a key restraint for the North America meal-replacement products in the market.
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Various notable players operating in the market, include Blue Diamond Growers, General Mills Inc., Abbott Nutrition, Bob Red Mill Natural Foods, Kraft Heinz Co., Kellogg Company, Nutrisystem, Herbalife, Healthy ‘N Fit International Inc., Wild Oats Marketplace, Rosa Food Products Co., Inc. among others. Main leading players are focussing on providing Meal-Replacement latest products with product innovation by adding different sets of the condiments, floral extracts as well as fruit extracts to revitalize vegan foods in the market is a crucial factor to build the Meal-Replacement Products market. Moreover, the product expansion onto the e-retailers as well as the gym centers, which will further propel the North America meal-replacement products in the market.
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The North America Meal-Replacement Products Market has been segmented based on product, application, distribution channel and countries for the forecast period from 2019 to 2026. Based on product, the market is segmented Beverages, Shakes, Edible Bars, Powdered Products and Others. On the basis of application type, the market is categorized into Weight Loss, Weight Gain, Convalescence, Wound Healing, Physical Fitness and Others. Based on distribution channel type, the market is categorized into Online stores, Supermarkets, Food Services and Others. On the basis of countries type, the market is categorized into U.S., Canada and Mexico.
Key questions answered in this research report:
- At what pace is North America Meal-Replacement Products Market growing? What will be the growth trend in the future?
- What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints in the future?
- What are the various application areas and how they are poised to grow?
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