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Packaged Milkshakes Market - Global Industry Analysis, Size, Share, Growth Opportunities, Future Trends, Covid-19 Impact, SWOT Analysis, Competition and Forecasts 2022 to 2030

The global Packaged Milkshakes Market size was valued at USD 238.6 million in 2018 and is projected to grow at a CAGR of 6.3% over the forecast period.
Packaged Milkshakes Market Overview:
Rising number of health-conscious consumers and their busy life schedules are the key factors driving the market. The demand for packaged milkshakes is expected to increase over the forecast period as it contains protein, vitamins, and other trace elements and can be consumed anytime and anywhere.
Moreover, rising demand for packaged milkshakes owing to the rising trend of consuming more nutrient-rich probiotic beverages with breakfast is a key factor driving the packaged milkshakes market. Increased health-conscious consumers have largely brought about changes in the market. Shakes rich in functional ingredients are believed to be good for the skin, increase energy levels, improve the immune system, and help improve overall health.
In addition to increasing health awareness among consumers, advertising and brand anthropomorphism are also playing an important role in driving the growth of the market. Manufacturers are launching advertisements engaging with famous athletes to show that packaged milkshakes are healthy, thereby driving the market growth. Younger consumers are increasingly liking these shakes for their convenience and can be used during any activity. Growing working population and trend of business travel are also expected to increase the demand for packaged milkshakes.
Packaged Milkshakes market size estimates and forecasts are provided in terms of sales volume (K units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global Packaged Milkshakes market in detail. Regional market sizes related to products by type, by application, and by player are also delivered. In estimating the size of the market, we took into account the impact of COVID-19 and other global crisis.
The global Packaged Milkshakes market is the professional and accurate study of various business perspectives such as major key players, key geographies, divers, restraints, opportunities, and challenges. This global research report has been aggregated on the basis of various market segments and sub-segments associated with the global market.
Top Key Players include in the Packaged Milkshakes Market are
CavinKare Group, Dean Foods, DANONE, FrieslandCampina, Muller UK & Ireland, Nestle, THE HERSHEY, and others.
The Packaged Milkshakes market research report is categorized based on type, applications and region.
On the Basis of Type:
- Chocolate Flavored
- Vanilla Flavored
- Strawberry Flavored
- Almond And Other Nuts Flavored
On the Basis of Application:
- Convenience Stores
- Supermarkets
- Hypermarkets
On the Basis of Region:
Geographically, the global Packaged Milkshakes market has been analyzed in various regions such as North America, Latin America, Middle East, Asia-Pacific, Africa, Europe, and India. The global Packaged Milkshakes region is dominating this market in the upcoming future.
In 2018, Asia Pacific led the market for a packaged milkshake with a share of 32.0% and is anticipated to witness significant growth soon. In the Asia Pacific, Japan is found to be the leading market and is expected to witness significant growth in the forecast period. A large number of flavors, coupled with food chains such as McDonald’s, are expected to drive the market for a packaged milkshake in the region.
Apart from the Asia Pacific, the Middle East and Africa is found to be the fastest-growing region and is expected to expand at a significant CAGR of 7.2% in the forecast period. The hot and humid climate of the region, coupled with innovation in the flavors by the manufacturers, is a key factor boosting the market growth in the region. Furthermore, the growing corporate sector in countries such as Dubai and the trend of being fit and good looking, coupled with hectic life schedules of the corporates, are expected to drive the demand for packaged milkshakes, thereby impelling the market growth in the region.
Further the regions are divided into countries as follows
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- France
- Italy
- Spain
- UK
- Nordic Countries
- Denmark
- Finland
- Iceland
- Sweden
- Norway
- Benelux Union
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia-Pacific
- The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
Packaged Milkshakes Market report scope
Report Attributes |
Details |
Growth Rate |
CAGR of 6.3% during the forecast period. |
By Type |
Chocolate Flavored, Vanilla Flavored, Strawberry Flavored, Almond And Other Nuts Flavored |
By Application |
Convenience Stores, Supermarkets, Hypermarkets |
By Companies |
CavinKare Group, Dean Foods, DANONE, FrieslandCampina, Muller UK & Ireland, Nestle, THE HERSHEY |
Regions and Countries Covered |
|
Base Year |
2022 |
Historical Year |
2017 to 2022 |
Forecast Year |
2023 to 2030 |
The major key questions addressed through this innovative research report:
What are the major challenges in front of the global Packaged Milkshakes market?
Who are the key vendors of the global Packaged Milkshakes market?
What are the leading key industries of the global Packaged Milkshakes market?
Which factors are responsible for driving the global Packaged Milkshakes market?
What are the key outcomes of SWOT and Porter’s five analysis?
What are the major key strategies for enhancing global opportunities?
What are the different effective sales patterns?
What will be the global market size in the forecast period?
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