Drinkable Meals Market - Forecast(2024 - 2030)

The global drinkable meals market is estimated to surpass $xx billion by 2023 growing at an estimated CAGR of xx% during 2018 to 2023 majorly driven by the rising demand for convenient ready-to-eat food. The fast paced lifestyles of modern age is providing significant growth prospects for ready-to-drink food products across the world.

Drinkable meals are processed food products that provide a blend of macronutrients and energy to the consumers replacing the main meals. They are also used for providing extra nutrition for patients during and after treatment for several diseases to attain dietary balance. The proactive interest to maintain physical health is motivating the young and adult population towards the intake of nutritional supplements. Most of the meal replacement drinks serve as a means of fast weight loss. Moreover, the evolution of novel meal replacement formulations made with non-GMO food ingredients having optimum nutritional properties is boosting the drinkable meals market.The adverse health effects such as mood swings, stomach infection, nausea and dips in energy levels caused by artificial sweeteners and added sugar in these meals is hindering the growth of the market.Drinkable meals market avails new opportunities with rising entry of startups into the market coupled with growing access to crowdfunding activities. 

This report incorporates an in-depth assessment of drinkable meals market by form, flavor, application and geography. The market is segmented on the basis of meal form into powder and ready-to-drink. Ready-to-drink meals are available as liquid formulations and can be consumed directly. In contrast, powder meal replacements are mixed into single-ingredient or multi-ingredient drinks with liquids such as milk or water.The market is also analyzed by classifying on the basis of flavor such as, flavored and unflavored. The drinkable meals are available in various flavors including vanilla, almond, chocolate and berry are among others.

The report includes analysis of the market by geography considering the Americas, Europe, Asia Pacific and Rest of the world for drinkable meals market along with analysis in prominent countries across these regions. The Americas region evolved as the largest market for drinkable meals owing to the strong demand for convenience food products and presence of number of drinkable meal manufacturers. In the Americas, the market valued at $xx billion in 2017 and is estimated to reach $xx billion by 2023 growing at a CAGR of xx% during the forecast period.

The companies referred to in the market research report as major player’s includes Rosa Foods, Inc. (U.S.) , Abbott Laboratories (U.S.), Orgain, Inc. (U.S.), IdealShapeand Huel Inc (U.S.).

The report incorporates in-depth assessment of the competitive landscape, product market sizing, product benchmarking, market trends, product developments, financial analysis, strategic analysis and so on to gauge the impact forces and potential opportunities of the market. Apart from this the report also includes a study of major developments in the market such as new flavor and meal innovations, agreements, acquisitions, collaborations, mergers and so on to comprehend the prevailing market dynamics at present and its impact during the forecast period 2018-2023.

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