About Ready Drink Shakes
Ready-to-drink supplements are pre-formulated refreshments drinks that are promptly available to consume without the need for further mixing or preparing. Ready-to-drink refreshments give the benefits of comfort and transportability to active customers nowadays. They also offer a chance to join interesting packaging and imaginative fixings such as carbonation. Whereas this category contains both refrigerated and shelf-stable drinks, the demand is more prominent for shelf-stable items that provide ease of delivery and storage. Whey proteins are frequently the preferred source of ready-to-drink (RTD) protein shakes due to their exceptional nutritional qualities, mild flavor, ease of digestion, and distinctive features in refreshment systems.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The rising number of players expected to enter the global market is predicted to enhance the competition level as well as encourage the growth of the overall market in the near future. Players are anticipated to focus on the development of new compounds, which is likely to encourage the growth of the global market throughout the forecast period. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Ready Drink Shakes market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Abbott Laboratories (United States), Kellogg Company (United States), The Coca Cola Company (United States), PepsiCo, Inc. (United States), Nestle S.A. (Switzerland), Hormel Foods Corporation (United States), Danone S.A. (France), Campbell Soup Company (United States), KeHE Distributors, LLC (United States) and Huel GmbH (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Ready Drink Shakes market by and Region.
On the basis of geography, the market of Ready Drink Shakes has been segmented into South America (Brazil, Argentina, Chile, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Singapore, Indonesia, Thailand, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Spain, Sweden, Belgium, Finland, Denmark, Russia, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Nature, the sub-segment i.e. Organic will boost the Ready Drink Shakes market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Supermarkets/Hypermarkets will boost the Ready Drink Shakes market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Packaging, the sub-segment i.e. Glass Bottle will boost the Ready Drink Shakes market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Source, the sub-segment i.e. Whey will boost the Ready Drink Shakes market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Plant-Based Ready To Drink Shake Made With Pea, Hemp, and Pumpkin Seed
Market Growth Drivers:
Shifting Consumer Preferences, Increasing Disposable Income and Fast-Paced and Busy Lifestyle
Challenges:
Fluctuating Raw Material Prices and Covid-19 Impact on Supply Chain
Restraints:
Higher Cost of Product and Availability of Substitute
Opportunities:
Untapped Emerging Nation
Market Leaders and their expansionary development strategies
In January 2020, The Coca‑Cola Company today announced that it has acquired the remaining stake in fairlife LLC from its joint venture partner Select Milk Producers. Coca‑Cola now owns 100% of fairlife, up from its previous 42.5% minority stake. Financial terms of the transaction were not disclosed.
In January 2021, PepsiCo and Beyond Meat made a joint venture called The PLANeT Partnership that will develop, produce, and market snack and refreshment products made from plant-based protein.
Key Target Audience
Regulatory bodies, including government agencies and NGO, Commercial research and development (R&D) institutions, Importers and exporters, Government organizations, research organizations, and consulting firms, Trade associations and industry bodies, End-use industries, Raw Material Supplier and Manufacturer, Supplier and Distributor
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.