Plant-Based Formulations and Clean-Label Innovations Strengthen Performance of the Meal Replacement Market
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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