Meal Replacement Products Market Size and Share

Meal Replacement Products Market (2026 - 2031)
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Meal Replacement Products Market Analysis by Mordor Intelligence

The Meal Replacement Products Market size is expected to increase from USD 15.31 billion in 2025 to USD 16.84 billion in 2026 and reach USD 23.82 billion by 2031, growing at a CAGR of 7.18% over 2026-2031. Regulatory clarity provided by the FDA and EFSA, which categorizes fortified products as Foods for Special Medical Purposes, has validated health-related claims associated with these products. This regulatory support has encouraged substantial investments in the development of innovative and novel formulas. North America contributed 41.17% of the revenue in 2025, making it a key market. However, the Asia-Pacific region is emerging as a high-growth area due to increasing disposable incomes in countries like China and India, combined with the rapid adoption of e-commerce platforms. These factors are driving a shift in market dynamics toward this region. Product innovation within the market is being spearheaded by ready-to-drink (RTD) formats. These formats leverage aseptic technology, which provides consumers with the convenience of zero preparation and ensures a shelf life of up to one year under ambient conditions. Additionally, online retail subscriptions are experiencing robust growth. This growth rate surpasses that of traditional supermarket channels. As a result, e-commerce platforms, particularly Amazon, have seen a significant boost in supplement sales, which have exceeded USD 20 billion on a trailing-twelve-month basis.

Key Report Takeaways

  • By product type, powdered items commanded 40.15% of the meal replacement products market share in 2025, while RTD shakes are projected to expand at an 8.25% CAGR to 2031. 
  • By packaging format, bottles and jars held 70.98% share of the meal replacement products market size in 2025, whereas cartons and Tetra Paks are advancing at an 8.97% CAGR through 2031. 
  • By nature, conventional formulations dominated with 91.28% share in 2025, but organic products are forecast to rise at an 8.48% CAGR to 2031. 
  • By distribution channel, supermarkets and hypermarkets led with 53.72% of the 2025 revenue pool, while online retailers are growing at an 8.69% CAGR through 2031. 
  • By geography, North America captured 41.17% of 2025 sales, yet Asia-Pacific is the fastest region with an 8.74% CAGR projected for 2026-2031. 

Note: Market size and forecast figures in this report are generated using Mordor Intelligence’s proprietary estimation framework, updated with the latest available data and insights as of January 2026.

Segment Analysis

By Product Type: RTD Formats Capture Fastest Growth Despite Powder Dominance

In 2025, powdered items contributed to 40.15% of the total revenue, primarily due to their extended shelf life and lower protein costs per gram, making them a cost-effective option for consumers. Glanbia's 2-kilogram tubs, priced at approximately USD 1 for a 30-gram serving, present a significant price advantage compared to ready-to-drink (RTD) alternatives. According to Amazon, powdered products dominate the meal replacement products market, accounting for 55% of its market size. This dominance is largely attributed to the cost efficiencies associated with shipping powdered items. Although the flavor variety for powders is more limited compared to RTDs, bulk users continue to prioritize the value they offer, making them a preferred choice for this segment.

Conversely, RTD shakes are experiencing robust growth, with a compound annual growth rate (CAGR) of 8.25% projected through 2031. This growth is fueled by the convenience of single-serve portability and the ability to remain stable at ambient temperatures for up to a year. The use of Tetra Pak cartons has been instrumental in expanding distribution to regions where refrigeration infrastructure is limited, thereby increasing the addressable market for meal replacement products. Premier Protein, for instance, recorded an 18% increase in volume sales following its expanded availability in convenience stores. Additionally, consumer behavior trends indicate that single-serve bottles support portion control, which has been linked to improved adherence to weight-loss programs, further driving the demand for RTD shakes.

Meal Replacement Products Market: Market Share by Product Type
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By Packaging Format: Bottles and Jars Dominate While Tetra Paks Gain Sustainability Edge

In 2025, rigid bottles and jars contributed to 70.98% of sales, maintaining their position as the most widely used packaging option for ready-to-drink (RTD) shakes. PET bottles, which can cost as little as USD 0.15, are highly durable and capable of withstanding the rigorous handling associated with e-commerce deliveries. Their transparent design allows consumers to visually assess product quality, fostering trust and encouraging repeat purchases.

Although cartons and Tetra Paks currently represent a smaller portion of the market, they are experiencing significant growth, with a compound annual growth rate (CAGR) of 8.97%. The use of PlantCaps, closures derived from sugarcane, not only reduces the carbon footprint of each package but also supports retailers in achieving their corporate sustainability objectives. Additionally, the rectangular shape of these packages optimizes pallet utilization by up to 25%, leading to lower freight emissions and reduced transportation costs. Major retailers, such as Nestlé, have already transitioned more than one-third of their North American stock-keeping units (SKUs) to cartons. As a result, the market share of cartons in the meal replacement products segment is expected to grow steadily throughout the forecast period.

By Nature: Conventional Products Retain Scale as Organic Accelerates on Clean-Label Demand

In 2025, conventional formulas, predominantly composed of sucralose and non-organic whey, accounted for a significant 91.28% of the revenue. This dominance is attributed to their ability to deliver protein at the lowest cost, making them highly competitive in institutional channels. Additionally, the use of synthetic vitamins, which are up to 85% cheaper than natural alternatives, has enabled manufacturers to offer fortified products at more affordable prices, further solidifying their market position.

Conversely, organic products are experiencing a notable compound annual growth rate (CAGR) of 8.48%. These products comply with USDA organic standards, which prohibit the use of GMO ingredients and synthetic preservatives, aligning with the increasing consumer demand for natural and clean-label products. Nestlé's acquisition of Orgain in 2025 exemplifies the growing interest of mainstream players in this premium segment. However, high input costs, such as organic pea protein exceeding USD 8,000 per metric ton, continue to limit broader market penetration. Despite these challenges, affluent and label-conscious consumers are willing to pay a premium of 20-35%, driving the meal replacement products market toward cleaner and more sustainable sourcing practices.

Meal Replacement Products Market: Market Share by Nature
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By Distribution Channel: Supermarkets Lead While Online Retailers Surge on Subscriptions

In 2025, supermarkets and hypermarkets accounted for 53.72% of total sales, effectively utilizing high store traffic and strategically placed impulse end-caps to boost purchases. For instance, Walmart employs a focused strategy by positioning RTD (Ready-to-Drink) shakes near yogurt aisles, targeting shoppers who are already inclined toward protein-rich products. This placement not only increases visibility but also encourages impulse buying among health-conscious consumers.

Although online retailers currently hold a smaller market share, they are experiencing robust growth with a compound annual growth rate (CAGR) of 8.69%, fueled by the increasing adoption of subscription-based models. Amazon's "Subscribe and Save" program, which offers discounts ranging from 5% to 15%, has significantly boosted the popularity of shakes, placing them among the top 10 most subscribed items on the platform. Additionally, brands like Huel are leveraging innovative strategies, such as interactive quizzes, to engage potential customers and achieve conversion rates of 12-18% among site visitors. This approach allows them to bypass the conventional 25-35% retailer margin, enhancing profitability. These evolving strategies are expected to continue reshaping the meal replacement products market, particularly in regions where the growth of traditional brick-and-mortar stores has stagnated.

Geography Analysis

In 2025, North America accounted for 41.17% of the market share. This slower growth is primarily due to market saturation in the U.S., where adults report consuming protein supplements monthly. Abbott's adult nutrition segment reported fiscal 2025 revenue of USD 4.48 billion, driven by 3.0% organic growth from its brands, Ensure and Protality. In January 2024, Abbott introduced Protality, targeting the 15 million Americans prescribed GLP-1 medications. This niche market is expected to grow to 25 million by 2028 as insurance coverage expands. In Canada, the meal replacement market benefits from Health Canada's Natural and Non-prescription Health Products Directorate, which allows structure-function claims for products adhering to Good Manufacturing Practices. This regulatory framework is less stringent compared to the FDA's substantiation requirements. In Mexico, rising obesity rates have led to government-mandated front-of-package warning labels on high-calorie products. This initiative, while aimed at reducing unhealthy consumption, has inadvertently increased the adoption of meal replacements as consumers shift to portion-controlled alternatives.

In South America, urbanization is influencing dietary trends. In Brazil, Argentina, and Chile, gym memberships grew by 12% annually from 2023 to 2025, reflecting increased protein supplement consumption among the growing middle class. Brazil's regulatory authority, ANVISA, governs meal replacements under RDC 243/2018, requiring a minimum protein content of 10 grams per serving and capping sugar at 10 grams. These regulations align with global standards, facilitating the entry of multinational brands. In Argentina, economic instability, marked by inflation exceeding 100% in 2024, has shifted consumer preferences toward bulk powdered products, which are 40 to 60% cheaper per serving than ready-to-drink options. In Colombia, the fitness culture in cities like Bogotá and Medellín supports specialty retail chains such as BodyTech, which dedicates 3% of its floor space to sports nutrition. However, rural areas remain underserved due to inadequate cold-chain infrastructure. Europe captured 24% of 2025 revenues, with the UK, Germany, and France leading regional sales. This growth is driven by the EU's Regulation 609/2013, which defines total diet replacements for weight control and requires clinical substantiation for weight-loss claims. The UK's National Health Service has incorporated meal replacement programs into its obesity treatment pathways, with general practitioners prescribing 12-week interventions that combine 800-calorie daily formulas with behavioral counseling. Germany, home to Europe's largest organic market, supports premium meal replacement brands like Huel and Foodspring, which emphasize sustainability and transparent supply chains.

Asia-Pacific is experiencing rapid growth, with the highest CAGR of 8.74% through 2031. This expansion is fueled by China's growing sports nutrition market and India's increasing demand for protein supplements. China's regulatory framework, under GB 24154-2015, defines sports nutrition foods and requires third-party testing for contaminants. This approach reduces grey-market imports and strengthens domestic brands like WonderLab, which launched high-protein meal replacement shakes in 2024. Online platforms Tmall and JD.com dominate the market, accounting for 72% of sports nutrition sales. Their Singles' Day promotions alone contribute 25 to 40% of annual sales, concentrated within a 24-hour period. In India, the FSSAI regulates protein supplements under the 2016 Food Safety and Standards regulations, requiring pre-market approval for novel ingredients and restricting health claims without clinical trial evidence. Japan's aging population is driving demand for sarcopenia-prevention formulas enriched with leucine and HMB. The Ministry of Health, Labour and Welfare has approved Foods with Function Claims, validating the muscle maintenance benefits of these products. In the Middle East and Africa, urbanization in the UAE, Saudi Arabia, and South Africa is driving dietary changes. Expatriate populations and fitness-conscious millennials are fueling the adoption of premium products. In the UAE, the ESMA (Emirates Authority for Standardization and Metrology) enforces GCC Standardization Organization requirements for sports supplements. These include Arabic labeling and halal certification, which can extend product launch timelines by 8 to 12 weeks.

Meal Replacement Products Market CAGR (%), Growth Rate by Region
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Competitive Landscape

The meal replacement market is experiencing moderate consolidation, fostering a competitive environment where established multinational corporations compete alongside innovative startups and regional specialists. For instance, Simply Good Foods' USD 280 million acquisition of the plant-based protein shake brand OWYN in June 2024 highlights this trend. This acquisition, expected to generate approximately USD 120 million in sales, strengthens Simply Good Foods' position in the rapidly growing RTD segment. Companies in this market are differentiating themselves by emphasizing functional benefits, supported by scientific validation and regulatory approvals, to justify premium pricing and build consumer trust.

Prominent players in the meal replacement products market include Nestlé SA, Herbalife Nutrition, Abbott Laboratories, and Glanbia PLC, which dominate the competitive landscape. These companies prioritize product innovation as a key growth strategy, investing heavily in research and development to introduce new flavors, formats, and functional benefits that align with evolving consumer preferences. They also demonstrate operational agility by quickly adapting to market demands, particularly through the expansion of e-commerce capabilities and direct-to-consumer programs.

Technology integration is becoming a crucial competitive advantage, with companies investing in AI-driven personalized nutrition platforms and advanced food processing technologies to improve product efficacy and enhance the consumer experience. Additionally, the FDA's approval of novel proteins through GRAS notices, such as beta-lactoglobulin derived from Aspergillus oryzae and fermented pea protein, is driving ingredient innovation that supports competitive differentiation.

Meal Replacement Products Industry Leaders

  1. Abbott Laboratories

  2. The Simply Good Foods Company (Atkins)

  3. Glanbia PLC

  4. Nestlé S.A.

  5. Herbalife Nutrition Ltd.

  6. *Disclaimer: Major Players sorted in no particular order
Meal Replacement Products Market
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Recent Industry Developments

  • January 2026: Alpro has launched its "Meal to Go" plant-based drinks, each containing 20g of protein. These meal replacement beverages are available in four appealing flavors: Chocolate-Banana, Mango-Passionfruit, Coffee-Caramel, and Vanilla. Importantly, they are free from artificial sweeteners, with each bottle designed to serve as a complete meal replacement.
  • June 2025: One and Hershey's introduced a double chocolate protein bar featuring Hershey's cocoa and chocolate chips. The protein bar contains 18g of protein and 1g of sugar per serving. The product targets consumers who prefer protein-enriched snacks with traditional chocolate flavors.
  • February 2025: Quest Nutrition launched Quest Protein Milkshakes containing 45g protein in 14oz bottles, representing the highest protein content in the ready-to-drink category with a lean nutritional profile of only 230 calories.
  • January 2025: Ferrero Group announced the acquisition of its Power Crunch protein snacks brand from Bio-Nutritional Research Group Inc., expanding its portfolio in the better-for-you snacks category as part of strategic health-focused brand development.

Table of Contents for Meal Replacement Products Industry Report

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET LANDSCAPE

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Demand for personalized nutrition tailored to age, gender, and health needs
    • 4.2.2 Busy Lifestyles Fuel Demand for Convenient and Nutritious Meal Options
    • 4.2.3 Rising Health and Fitness Consciousness Boosts Demand for Protein-Enriched Meal Replacements
    • 4.2.4 Workplace Wellness Programs Encourage the Use of Meal Replacements as Healthy On-the-Go Solutions
    • 4.2.5 Greater Awareness of Portion Control and Calorie Management Encourages Meal Replacement Adoption
    • 4.2.6 Advances in Food Technology Improve Taste, Texture, Shelf Life, and Nutrient Profiles
  • 4.3 Market Restraints
    • 4.3.1 High product prices compared to traditional meals deter budget-conscious consumers
    • 4.3.2 Consumer Skepticism Toward Artificial Additives and Preservatives Limits Product Acceptance
    • 4.3.3 Presence of Common Allergens Restricts Market to Allergen-Free Segments
    • 4.3.4 Inability to Fully Replicate the Satiety and Experience of Traditional Meals Limits Repeat Purchases
  • 4.4 Consumer Behaviour Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technological Outlook
  • 4.7 Porter's Five Forces
    • 4.7.1 Threat of New Entrants
    • 4.7.2 Bargaining Power of Buyers
    • 4.7.3 Bargaining Power of Suppliers
    • 4.7.4 Threat of Substitutes
    • 4.7.5 Intensity of Competitive Rivalry

5. MARKET SIZE AND GROWTH FORECASTS (VALUE AND VOLUME)

  • 5.1 By Product Type
    • 5.1.1 Powdered Products
    • 5.1.2 Ready-to-Drink Products
    • 5.1.3 Nutritional Bars
    • 5.1.4 Soups
    • 5.1.5 Other Product Types
  • 5.2 By Packaging Format
    • 5.2.1 Bottles/Jars
    • 5.2.2 Pouches
    • 5.2.3 Tetra Packs and Cartons
    • 5.2.4 Others
  • 5.3 By Nature
    • 5.3.1 Conventional
    • 5.3.2 Organic
  • 5.4 By Distribution Channel
    • 5.4.1 Supermarkets/Hypermarkets
    • 5.4.2 Convenience Stores
    • 5.4.3 Specialty Stores
    • 5.4.4 Online Retailers
    • 5.4.5 Other Distribution Channels
  • 5.5 By Geography
    • 5.5.1 North America
    • 5.5.1.1 United States
    • 5.5.1.2 Canada
    • 5.5.1.3 Mexico
    • 5.5.1.4 Rest of North America
    • 5.5.2 South America
    • 5.5.2.1 Brazil
    • 5.5.2.2 Argentina
    • 5.5.2.3 Colombia
    • 5.5.2.4 Chile
    • 5.5.2.5 Rest of South America
    • 5.5.3 Europe
    • 5.5.3.1 United Kingdom
    • 5.5.3.2 Germany
    • 5.5.3.3 France
    • 5.5.3.4 Italy
    • 5.5.3.5 Spain
    • 5.5.3.6 Russia
    • 5.5.3.7 Sweden
    • 5.5.3.8 Belgium
    • 5.5.3.9 Poland
    • 5.5.3.10 Netherlands
    • 5.5.3.11 Rest of Europe
    • 5.5.4 Asia-Pacific
    • 5.5.4.1 China
    • 5.5.4.2 Japan
    • 5.5.4.3 India
    • 5.5.4.4 Thailand
    • 5.5.4.5 Singapore
    • 5.5.4.6 Indonesia
    • 5.5.4.7 South Korea
    • 5.5.4.8 Australia
    • 5.5.4.9 New Zealand
    • 5.5.4.10 Rest of Asia-Pacific
    • 5.5.5 Middle East and Africa
    • 5.5.5.1 United Arab Emirates
    • 5.5.5.2 South Africa
    • 5.5.5.3 Saudi Arabia
    • 5.5.5.4 Nigeria
    • 5.5.5.5 Egypt
    • 5.5.5.6 Morocco
    • 5.5.5.7 Turkey
    • 5.5.5.8 Rest of Middle East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)
    • 6.4.1 Abbott Laboratories
    • 6.4.2 Nestle S.A. (Boost/Optifast)
    • 6.4.3 Herbalife Nutrition Ltd.
    • 6.4.4 The Simply Good Foods Co. (Atkins/Quest)
    • 6.4.5 Glanbia plc
    • 6.4.6 Amway Corp. (Nutrilite)
    • 6.4.7 Premier Nutrition Corp. (Premier Protein)
    • 6.4.8 Huel Ltd.
    • 6.4.9 Soylent Nutrition, Inc.
    • 6.4.10 Orgain, Inc.
    • 6.4.11 Kraft Heinz (SlimFast)
    • 6.4.12 Medifast Inc.
    • 6.4.13 Ka'Chava
    • 6.4.14 Ample Foods
    • 6.4.15 The Protein Works
    • 6.4.16 Cambridge Weight Plan
    • 6.4.17 Labrada Nutrition
    • 6.4.18 GNC Holdings (Garden of Life)
    • 6.4.19 Vital Proteins LLC
    • 6.4.20 WonderLab

7. MARKET OPPORTUNITIES AND FUTURE OUTLOOK

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Global Meal Replacement Products Market Report Scope

Meal replacement products are pre-packaged, calorie-controlled products in a bar or powder mix that can be made into a shake or beverage, having been validated as safe and effective tools for weight loss (and weight maintenance). The meal replacement products market is segmented by product type, packaging format, nature, distribution channel, and geography. By product type, the market is segmented into powdered products, ready-to-drink products, nutritional bars, soups, and other product types. By packaging format, the market is segmented into bottles/jars, pouches, tetra packs, cartons, and others. By nature, the market is segmented into conventional and organic. By distribution channel,  the market is segmented into supermarkets/hypermarkets, convenience stores, specialty stores, online retailers, and other distribution channels. By geography, the market is segmented into North America, Europe, Asia-Pacific, South America, and Middle-East, and Africa. For each segment, the market sizing and forecasts have been done on the basis of value (USD) and volume (tons).

By Product Type
Powdered Products
Ready-to-Drink Products
Nutritional Bars
Soups
Other Product Types
By Packaging Format
Bottles/Jars
Pouches
Tetra Packs and Cartons
Others
By Nature
Conventional
Organic
By Distribution Channel
Supermarkets/Hypermarkets
Convenience Stores
Specialty Stores
Online Retailers
Other Distribution Channels
By Geography
North America United States
Canada
Mexico
Rest of North America
South America Brazil
Argentina
Colombia
Chile
Rest of South America
Europe United Kingdom
Germany
France
Italy
Spain
Russia
Sweden
Belgium
Poland
Netherlands
Rest of Europe
Asia-Pacific China
Japan
India
Thailand
Singapore
Indonesia
South Korea
Australia
New Zealand
Rest of Asia-Pacific
Middle East and Africa United Arab Emirates
South Africa
Saudi Arabia
Nigeria
Egypt
Morocco
Turkey
Rest of Middle East and Africa
By Product Type Powdered Products
Ready-to-Drink Products
Nutritional Bars
Soups
Other Product Types
By Packaging Format Bottles/Jars
Pouches
Tetra Packs and Cartons
Others
By Nature Conventional
Organic
By Distribution Channel Supermarkets/Hypermarkets
Convenience Stores
Specialty Stores
Online Retailers
Other Distribution Channels
By Geography North America United States
Canada
Mexico
Rest of North America
South America Brazil
Argentina
Colombia
Chile
Rest of South America
Europe United Kingdom
Germany
France
Italy
Spain
Russia
Sweden
Belgium
Poland
Netherlands
Rest of Europe
Asia-Pacific China
Japan
India
Thailand
Singapore
Indonesia
South Korea
Australia
New Zealand
Rest of Asia-Pacific
Middle East and Africa United Arab Emirates
South Africa
Saudi Arabia
Nigeria
Egypt
Morocco
Turkey
Rest of Middle East and Africa
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Key Questions Answered in the Report

How large will the meal replacement products market be by 2031?

The market is projected to reach USD 23.82 billion by 2031, expanding at a 7.18% CAGR from 2026 levels.

Which product format is growing fastest?

Ready-to-drink shakes are forecast to grow at 8.25% CAGR because of zero-prep convenience and one-year ambient stability.

Why are cartons gaining ground in packaging?

Sugarcane-based PlantCaps closures cut each carton’s carbon footprint by 30% and improve pallet efficiency, driving an 8.97% CAGR for carton formats.

What drives Asia-Pacific demand?

Rising disposable income, strict sports-nutrition regulations, and dominant e-commerce platforms are pushing Asia-Pacific to an 8.74% CAGR, the highest globally.

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