Asia Pacific Ready to Drink Shakes Market

Asia Pacific Ready to Drink Shakes Market Size, Share & Trends Analysis Report By Type (Bottles, Cans, and Tetra Packs), By Distribution Channel (Supermarkets, & Hypermarkets, Convenience Stores and Online), By Country and Growth Forecast, 2023 - 2030

Report Id: KBV-21037 Publication Date: March-2024 Number of Pages: 138
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Market Report Description

The Asia Pacific Ready to Drink Shakes Market would witness market growth of 6.6% CAGR during the forecast period (2023-2030). In the year 2021, the Asia Pacific market's volume surged to 422.3 million units (200ml-pack of 6), showcasing a growth of 7.1% (2019-2022).

The Tetra Pack's resealable feature enables portion control and prolonged consumption, appealing to health-conscious individuals looking for convenient snack options. With the rise of busy lifestyles and increased demand for healthy, grab-and-go beverages, Tetra Packs have become a preferred choice in the ready-to-drink shakes market, offering a perfect blend of convenience, freshness, and sustainability. Therefore, the India Market consumed 16.85 million units (200 ml - pack of 6) tetra packs in 2022.

Asia Pacific Ready to Drink Shakes Market

The China market dominated the Asia Pacific Ready to Drink Shakes Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,315.9 Million by 2030. The Japan market is registering a CAGR of 5.8% during (2023 - 2030). Additionally, The India market would experience a CAGR of 7.2% during (2023 - 2030).

Smart packaging solutions are enhancing the consumer experience in the ready to drink shakes market. Brands are exploring the integration of QR codes and augmented reality (AR) technologies on packaging to provide consumers with instant access to product information, nutritional details, and personalized recommendations. This interactive element adds an informational layer to the purchasing process.

Furthermore, QR codes have become ubiquitous on RTD shake packaging as digital gateways to a wealth of information. Consumers can instantly access a dedicated online platform by scanning these QR codes with a smartphone or mobile device. This platform is a hub for detailed product information, from nutritional content and ingredient sourcing to the brand's mission and values. QR codes bridge the physical-digital gap, transforming the packaging into an interactive interface that enriches the consumer's understanding of the product.

There is a noticeable shift in consumer attitudes towards health and wellness in India. Rising awareness about the importance of nutrition, especially among urban populations, has led to an increased focus on dietary supplements. RTD shakes, offering a convenient and ready-to-consume form of nutrition, align with the health-conscious preferences of Indian consumers. Thus, rising sports and dietary supplements sectors in Asia Pacific will increase demand for ready to drink shakes.

Free Valuable Insights: The Global Ready to Drink Shakes Market is Predict to reach $ 15.9 Billion by 2030, at a CAGR of 6.1%

Based on Type, the market is segmented into Bottles, Cans, and Tetra Packs. Based on Distribution Channel, the market is segmented into Supermarkets, & Hypermarkets, Convenience Stores and Online. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

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List of Key Companies Profiled

  • Abbott Laboratories
  • Kellogg Company
  • The Coca Cola Company
  • PepsiCo, Inc.
  • Nestle S.A.
  • Hormel Foods Corporation (MegaMex Foods, LLC)
  • Danone S.A.
  • Campbell Soup Company
  • KeHE Distributors, LLC
  • Huel GmbH

Asia Pacific Ready to Drink Shakes Market Report Segmentation

By Type (Volume, Million Units (200ml-pack of 6), USD Billion, 2019-2030)

  • Bottles
  • Cans
  • Tetra Packs

By Distribution Channel (Volume, Million Units (200ml-pack of 6), USD Billion, 2019-2030)

  • Supermarkets & Hypermarkets
  • Convenience Stores
  • Online

By Country (Volume, Million Units (200ml-pack of 6), USD Billion, 2019-2030)

  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
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