Industry Background:
Ready-to-drink protein shakes provide an easy and convenient way to increase protein intake. They do not need to be mixed or manipulated. Protein shakes are used to increase muscle mass, lose weight, or gain weight, depending on a person’s goals. Some ready-to-drink protein drinks are loaded with fillers like artificial flavors, corn syrup, and other chemicals. These products come in bottles, cans, and cartons. Rising health awareness among people and easy, and convenient options of meals are the key factors driving the demand for the market.This growth is primarily driven by Rapid Shift in Consumer Taste and Preferences around the Globe, Growing Health Awareness among People and Benefits of Protein Shakes and Increase in Online Sales and Growth of E-commerce Sector.
Globally, a noticeable market trend is evident Growing Popularity of Plant-based, and Dairy-free Ready-to-Drink Shakes. Major Vendors, such as Abbott Laboratories (United States), Kellogg Company (United States), The Coca Cola Company (United States), PepsiCo, Inc. (United States), Nestle S.A. (Switzerland), Premier Nutrition Company, LLC (United States), SlimFast (United States), Vega (United States), Orgain, Inc. (United States) and Labrada Nutrition (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In 2021, Premier Protein has expanded its innovative line of ready-to-drink Protein Shakes with Oats with the launch of a new flavor, Chocolate Hazelnut, joining Apple, Blueberry, and Maple flavors in the Premier Protein with Oats lineup. and In 2019, Quest Nutrition debuted a line of ready-to-drink protein shakes that contain 30 grams of protein and 1 gram of sugar each. Varieties include chocolate, vanilla, and salted caramel.
Market Drivers
- Rapid Shift in Consumer Taste and Preferences around the Globe
- Growing Health Awareness among People and Benefits of Protein Shakes
- Increase in Online Sales and Growth of E-commerce Sector
Market Trend
- Growing Popularity of Plant-based, and Dairy-free Ready-to-Drink Shakes
Restraints
- Procurement and Fluctuation in the Cost of Raw Materials
Opportunities
Increasing Demand for Ready-to-Drink Shake as a Meal Replacement and Increasing Demand from Sports Enthusiasts and Athletes
Challenges
Digestive Issues and Allergies Caused by Dairy Products
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Ready to Drink Shakes Study Sheds Light on
The Ready to Drink Shakes Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Ready to Drink Shakes industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Ready to Drink Shakes industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.