Stratistics MRC’s Global Ready To Drink Shakes Market value is expected to reach $22.73 billion growing at a CAGR of 9.5% during 2023-2030.
Ready-to-drink shakes are fast food beverages made by combining ice cream, milk, fruit syrups, whole fruits, and sweeteners into a thick, cold, and sweet concoction. They are frequently marketed as healthy beverages and have their nutritional profiles improved by adding essential vitamins, minerals, and proteins. Moreover, ready-to-drink shakes are beverages that are prepared and ready to drink. They can be consumed anytime, including during meals and post-workout etc.
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During the anticipated period, Asia Pacific is anticipated to have the highest CAGR. The market is anticipated to grow more quickly as disposable income rises, particularly in developing nations like China and India. The large millennial population in Asia Pacific is a further factor in the market’s expansion. The largest market in Asia Pacific is expected to be China, which will generate USD 0.91 billion in 2025. Moreover, the demand for the product has been greatly fuelled by the fact that a sizable portion of the population is employed.
Some of the key players in Ready To Drink Shakes market include Nestle S.A, Orgain, Inc, Labrada Nutrition, Hormel Foods Corporation, The J.M Smucker Company, Kellogg Company, Arla Foods, Nutrineo, Amerpharma, Starbucks Corporation, Atkin Nutritionals Inc., Pure Protein, CytoSport, Inc., Vega, The Coca-Cola Company, Post Holdings Inc., Campbell Soup Company, Bolthouse Farms Inc., PepsiCo, Inc. and Abbott Laboratories.
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Key Developments:
In June 2023, Nestlé Vietnam on Tuesday signed an agreement with the Vietnamese Ministry of Agriculture and Rural Development (MARD) to support the country’s transition to regenerative and low-emission agriculture.
In March 2023, Labrada Nutrition has announced a drink distribution agreement with the All Points Network to cover the state of Michigan.
In February 2023, The J.M. Smucker Co. announced that it has entered into a definitive agreement to sell several pet food brands to Post Holdings, Inc., a consumer-packaged goods holding company headquartered in St. Louis, Missouri. The transaction is valued at approximately $1.2 billion, consisting of $700 million in cash and approximately 5.39 million shares of common stock of Post Holdings, Inc.
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– Market share assessments for the regional and country-level segments
– Strategic recommendations for the new entrants
– Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
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– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements
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