cannibalizationBy matrixddev2022 / September 9, 2023 Share your love ALL0-9ABCDEFGHIJKLMNOPQRSTUVWXYZCannibalization: When a new product or service takes market share away from an existing product or service. Alternative Meanings: CannibalizationThat portion of the demand for a new product that comes from the erosion of the demand for (sales of) a current product the firm markets. (See Chapter 34 in The PDMA HandBook 2nd Edition).