Industry Analysis & Industry Trends
Eating up
High obesity rates and less leisure time will contribute to growth for the Meal Replacement Product Manufacturing industry. Firms performed well during the recession, since industry products are typically cheaper than weight loss services and other methods. As the economy recovers, competition from other weight loss services will increase, but higher disposable income and increasing health consciousness will support revenue growth. ... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Meal Replacement Product Manufacturing industry has a low market share concentration. In 2011, the top four companies accounted for an estimated 23.8% of industry revenue. Market share concentration has fallen slightly during the past five years as competition from smaller companies ate into major players' share of the market. Smaller companies have continued to enter the industry, attracted by strong consumer demand for weight loss and nutrition products; this trend has increased competition for existing players. The two largest companies, Abbott Laboratories and Unilever, have lost market share during the five-year period. Unilever, which operates through its Slim-Fast brand, was adversely affected by the rise of low-carbohydrate diets and product recalls in 2009. Abb... purchase to read more