According to a new report, published by KBV research, The Global Ready to Drink Shakes Market size is expected to reach $15.9 billion by 2030, rising at a market growth of 6.1% CAGR during the forecast period. In the year 2022, the market attained a volume of 1,496.6 million units (200ml-pack of 6), experiencing a growth of 6.7% (2019-2022).
Collaborations between RTD shake brands and other industry players, such as nutritionists, fitness influencers, and wellness experts, foster cross-category integration. This approach aligns with holistic well-being, where RTD shakes become part of a broader lifestyle narrative that includes fitness routines, nutritional guidance, and overall wellness strategies. Nutritionists play a key role in educational initiatives that promote a deeper understanding of the nutritional benefits offered by RTD shakes. This collaborative approach involves creating informative content, such as articles, videos, or webinars, where nutritionists share their expertise on the role of RTD shakes in a balanced diet. Consumers benefit from evidence-based information that empowers them to make informed choices about their nutritional intake.
The Bottles segment is leading the Global Ready to Drink Shakes Market by Type in 2022 thereby, achieving a market value of $7.7 Billion by 2030. Consumer preferences for single-serving options and the desire for portion control have driven the growth of the bottled ready to drink shakes. Bottles provide a convenient and measured way for consumers to enjoy a ready-to-drink shake without additional preparation. Ongoing innovations in packaging, including bottle design, materials, and features, play a significant role in attracting consumers. Hence, these aspects will boost the demand in the segment.
The Convenience Stores segment is anticipated to have a CAGR of 6.5% during (2023 - 2030). Modern consumers’ fast-paced and on-the-go lifestyles have increased demand for convenient, portable food and beverage options. RTD shakes, being ready to consume and requiring no preparation, perfectly align with the convenience sought by individuals with busy schedules. Hence, these factors will boost the demand in the segment.
Full Report: https://www.kbvresearch.com/ready-to-drink-shakes-market/
The North America region dominated the Global Ready to Drink Shakes Market by Region in 2022 thereby, achieving a market value of $5 Billion by 2030, growing at a CAGR of 5.5 % during the forecast period. The Europe region would witness a CAGR of 5.7% during (2023 - 2030). Additionally, The Asia Pacific region is experiencing a CAGR of 6.6% during (2023 - 2030).
By Type (Volume, Million Units (200ml-pack of 6), USD Billion, 2019-2030)
By Distribution Channel (Volume, Million Units (200ml-pack of 6), USD Billion, 2019-2030)
By Geography (Volume, Million Units (200ml-pack of 6), USD Billion, 2019-2030)
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