Meal Replacement Market to Hit $20.52 billion by 2031, at a CAGR of 5.6%, says Coherent Market Insights [Yahoo! Finance]
Abbott Laboratories (ABT)
Last abbott laboratories earnings: 4/16 07:30 am
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Source: Yahoo! Finance
expansion, with projections indicating it will soar to $20.52 billion by 2031, growing at a compound annual growth rate (CAGR) of 5.6% from 2024 to 2031, as per a recent report by Coherent Market Insights. Increased health consciousness and busy lifestures are driving demand for convenient yet nutritious meal options. Meal replacement products fit this need well by providing balanced macronutrients and vitamins/minerals without the hassle of conventional meal preparation. Furthermore, rising obesity rates are prompting more people to opt for portion-controlled meal replacements as part of a weight management regimen. The market is also witnessing rising popularity of plant-based options that cater to shifting dietary preferences. Request Sample Report: https://www.coherentmarketinsights.com/insight/request-sample/6771 Market Dynamics: The growth of the meal replacement market is attributed to growing health consciousness among consumers and rising prevalence of obesity. Consumer
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ABT
Earnings
- 4/17/24 - Beat
ABT
Sec Filings
- 6/25/24 - Form 11-K
- 5/30/24 - Form SD
- 5/14/24 - Form 4
- ABT's page on the SEC website