Market Overview:
The global diet shake market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising awareness about healthy eating habits, increasing prevalence of obesity and other lifestyle diseases, and growing demand for convenient food options. The diet shake market is segmented on the basis of type into organic and conventional diet shakes. The organic diet shake segment is expected to grow at a higher CAGR than the conventional diet shake segment during the forecast period. This can be attributed to rising consumer awareness about the benefits of consuming organic products and increasing demand for healthier food options. On the basis of application, the diet shake market is segmented into supermarkets, speciality stores, online stores, and others (including hospitals/clinics, schools/colleges). The supermarkets segment is expected to hold a major share in terms of revenue in 2018 owing to high penetration rate across developed countries coupled with growing trend towards convenience foods among consumers worldwide.
Product Definition:
A diet shake is a type of beverage that is often marketed as a weight-loss aid. These shakes are usually low in calories and designed to replace one or more meals per day.
Organic Diet Shake:
Organic diet shake is a weight loss supplement that contains all the essential ingredients such as proteins, vitamins and minerals to help lose weight. It also helps in boosting metabolism and cleansing body from harmful toxins. The organic diet shakes are available in different flavors such as vanilla, chocolate, strawberry banana etc., which makes it more popular among consumers who want to consume healthy products but with some flavor.
Conventional Diet Shake:
Conventional diet shake is a weight loss supplement that contains all the necessary ingredients to burn fats and calories. It helps in boosting metabolism so that it can help in burning fats faster. Conventional diet shakes are usually made up of proteins, carbohydrates, and various other ingredients such as caffeine, green tea extractor etc.
Application Insights:
The others application segment accounted for the largest revenue share of over 30% in 2017. The segment includes online dietitian and personal care stores. Consumers prefer purchasing their meals from online stores as they offer wider product range at competitive prices than supermarkets and speciality stores. Moreover, companies such as Medifast have introduced a wide range of products under these segments to target a larger customer base including obese individuals, athletes, seniors and busy professionals who are looking for convenient meal replacement solutions with fewer calories. This is expected to drive demand over the forecast period.
Organic diet shakes held a significant market share in terms of revenue in 2017 owing to rising consumer awareness regarding health benefits associated with organic food products such as increased nutrient content compared to conventional counterparts without artificial additives or colors that may cause harm if consumed regularly by consumers across the globe especially in North America.
Regional Analysis:
North America was the largest market for diet shakes, accounting for a share of more than 30.0% in 2017 owing to high demand from countries such as U.S., Canada, and Mexico. The region is expected to maintain its dominance over the forecast period due to increasing awareness about healthy living among people of these countries and rising obesity levels in the population aged between 2-19 years old that requires immediate attention from healthcare professionals along with parents.
Asia Pacific is anticipated to be one of the fastest growing markets at a CAGR exceeding 6% during the forecast period owing to increasing health concerns among consumers coupled with changing lifestyles resulting into increased need for weight loss products such as diet shakes that help reduce weight quickly instead of consuming unhealthy food items or taking long walks daily which are not always effective in reducing weight effectively & sustainably over a long term.
Growth Factors:
- Increasing awareness about the importance of a healthy diet and weight management.
- Rising obesity rates across the globe.
- Growing demand for convenient, healthy, and affordable food options.
- Proliferation of social media platforms and health-related blogs/websites that promote healthy eating habits and diet shakes as a weight loss solution.
- Advances in food technology that have made it easier to produce high-quality diet shakes with all the essential nutrients needed for good health
Scope Of The Report
Report Attributes
Report Details
Report Title
Diet Shake Market Research Report
By Type
Organic Diet Shake, Conventional Diet Shake
By Application
Supermarket, Speciality Store, Online Store, Others
By Companies
Glanbia, 310 Nutrition, RSP Nutrition, Isagenix Worldwide, GNC Holdings, Plexus Worldwide, Herbalife Nutrition
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Diet Shake Market Report Segments:
The global Diet Shake market is segmented on the basis of:
Types
Organic Diet Shake, Conventional Diet Shake
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Supermarket, Speciality Store, Online Store, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Glanbia
- 310 Nutrition
- RSP Nutrition
- Isagenix Worldwide
- GNC Holdings
- Plexus Worldwide
- Herbalife Nutrition
Highlights of The Diet Shake Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Organic Diet Shake
- Conventional Diet Shake
- By Application:
- Supermarket
- Speciality Store
- Online Store
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Diet Shake Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A diet shake is a beverage that is made from powder, water, and flavorings. It can be a healthy alternative to sugary drinks or snacks.
Some of the major companies in the diet shake market are Glanbia, 310 Nutrition, RSP Nutrition, Isagenix Worldwide, GNC Holdings, Plexus Worldwide, Herbalife Nutrition.
The diet shake market is expected to register a CAGR of 5.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Diet Shake Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Diet Shake Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Diet Shake Market - Supply Chain
4.5. Global Diet Shake Market Forecast
4.5.1. Diet Shake Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Diet Shake Market Size (000 Units) and Y-o-Y Growth
4.5.3. Diet Shake Market Absolute $ Opportunity
5. Global Diet Shake Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Diet Shake Market Size and Volume Forecast by Type
5.3.1. Organic Diet Shake
5.3.2. Conventional Diet Shake
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Diet Shake Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Diet Shake Market Size and Volume Forecast by Application
6.3.1. Supermarket
6.3.2. Speciality Store
6.3.3. Online Store
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Diet Shake Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Diet Shake Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Diet Shake Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Diet Shake Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Diet Shake Demand Share Forecast, 2019-2026
9. North America Diet Shake Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Diet Shake Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Diet Shake Market Size and Volume Forecast by Application
9.4.1. Supermarket
9.4.2. Speciality Store
9.4.3. Online Store
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Diet Shake Market Size and Volume Forecast by Type
9.7.1. Organic Diet Shake
9.7.2. Conventional Diet Shake
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Diet Shake Demand Share Forecast, 2019-2026
10. Latin America Diet Shake Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Diet Shake Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Diet Shake Market Size and Volume Forecast by Application
10.4.1. Supermarket
10.4.2. Speciality Store
10.4.3. Online Store
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Diet Shake Market Size and Volume Forecast by Type
10.7.1. Organic Diet Shake
10.7.2. Conventional Diet Shake
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Diet Shake Demand Share Forecast, 2019-2026
11. Europe Diet Shake Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Diet Shake Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Diet Shake Market Size and Volume Forecast by Application
11.4.1. Supermarket
11.4.2. Speciality Store
11.4.3. Online Store
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Diet Shake Market Size and Volume Forecast by Type
11.7.1. Organic Diet Shake
11.7.2. Conventional Diet Shake
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Diet Shake Demand Share, 2019-2026
12. Asia Pacific Diet Shake Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Diet Shake Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Diet Shake Market Size and Volume Forecast by Application
12.4.1. Supermarket
12.4.2. Speciality Store
12.4.3. Online Store
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Diet Shake Market Size and Volume Forecast by Type
12.7.1. Organic Diet Shake
12.7.2. Conventional Diet Shake
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Diet Shake Demand Share, 2019-2026
13. Middle East & Africa Diet Shake Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Diet Shake Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Diet Shake Market Size and Volume Forecast by Application
13.4.1. Supermarket
13.4.2. Speciality Store
13.4.3. Online Store
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Diet Shake Market Size and Volume Forecast by Type
13.7.1. Organic Diet Shake
13.7.2. Conventional Diet Shake
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Diet Shake Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Diet Shake Market: Market Share Analysis
14.2. Diet Shake Distributors and Customers
14.3. Diet Shake Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Glanbia
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. 310 Nutrition
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. RSP Nutrition
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Isagenix Worldwide
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. GNC Holdings
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Plexus Worldwide
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Herbalife Nutrition
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook