Market Share of North America Meal Products Replacement Industry
The companies operating in the North America meal replacement products market are focusing on adopting various strategies, such as product development, expansion, etc., on achieving competitive advantage in the market. Some of the prominent players operating in the North American market are Abbott Laboratories, Amway Corp. (Alticor), Nu Skin Enterprises Inc., and Herbalife Nutrition.
Companies in the region are also actively innovating new products in order to maintain their position in the market. For instance, in 2019, Soylent, a well-known meal replacement producer in the United States, launched a strawberry four-pack drink in order to bring new items to consumers, allowing them to engage with its brand in new ways.
NA Meal Replacement Products Market Leaders
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Abbott Laboratories
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Amway Corp. (Alticor)
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Herbalife Nutrition
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Glanbia plc
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Nestle SA
*Disclaimer: Major Players sorted in no particular order
