Global Meal Replacement Market Expands as Consumers Embrace Convenient Nutrition and Functional Food Innovation
The global meal replacement market was valued at USD 13.63 billion in 2024 and is expected to grow at a CAGR of 5.5% during the forecast period. This expansion reflects a convergence of shifting consumer lifestyles, heightened health consciousness, and increasing demand for convenient nutrition across urbanizing populations. Meal replacements—spanning powders, ready-to-drink shakes, bars,...
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