Tributes have poured in for the legendary musician, whose records earned him a Brit award in 1994 for best-selling album and single.
Singer Bonnie Tyler said she was “shocked and saddened".
“He was, as you might imagine, a larger than life character with a voice & stage presence to match & is one of those rare people who truly was a one off talent and personality. Rest In Peace".
Bat Out of Hell: The Musical has paid tribute and said Friday night's show at the New Wimbledon Theatre will be performed in his memory.
A statement from the production said: "The company of Jim Steinman's Bat Out Of Hell The Musical here in the UK is deeply saddened to hear of the passing of their great friend and producer, Meat Loaf.
"He was with us when the show first launched in London at the Coliseum and in Manchester at the Opera House back in 2016 and then came to the show at the Dominion Theatre in London on 25 July 2018."
It added: "The beat is yours forever."
Andrew Lloyd Webber said the "vaults of heaven will be ringing with rock" following the death of Meat Loaf.
"RIP Meatloaf. Give my best to Jim (Steinman)."
Broadcaster Piers Morgan said: “One of rock music’s all-time great characters whose seminal iconic album Bat Out Of Hell is one of the biggest-selling records in history.
“A wondrously talented, flamboyant, funny, outrageous and rebellious chameleon”.
Sky News’ Kay Burley added: “Very sad news that Meatloaf has died. ‘I’d do anything for love’ was a massive hit in 1993, reached Number one in 28 countries and was a firm favourite in our house”.
Meanwhile actor Stephen Fry said: “I hope paradise is as you remember it from the dashboard light, Meat Loaf. Had a fun time performing a sketch with him on Saturday Live way back in the last century."
Before winning widespread acclaim for his music, Meat Loaf won the parts of Eddie and Dr Scott in a stage production of cult classic, the Rocky Horror Picture Show.
He reprised the role of Eddie in the 1975 movie, starring alongside Tim Curry and Susan Sarandon.
The singer had previously spoken openly about health issues that had affected him, notably asthma, which caused him to collapse on stage during a concert in Pittsburgh in 2011.
