The news that Danone has completed the acquisition of Huel for close to €1 billion has brought media attention to a sector that had been growing quietly for years: functional nutrition, powdered complete meals and healthy meal replacements.
Beyond the business deal itself, this acquisition confirms something much more important: the market for complete nutrition and quick, healthy meal solutions is rapidly entering the mainstream.
Just a few years ago, the idea of drinking a complete meal instead of cooking could have seemed unusual or extreme. Today, major global food companies are investing billions because they believe it will become a normal part of modern diets. Danone’s acquisition of Huel confirms the growth of the complete meals, ready-to-drink meals and functional nutrition market across Europe.
With this move, Danone aims to strengthen its functional nutrition portfolio and accelerate international expansion in the complete meals segment. The deal, valued by analysts between €900 million and €1.2 billion, reflects the strong market valuation of companies operating in functional nutrition and meal replacement categories.