Market Overview:
The global milk shake powder market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for milk shake powders across different age groups. In terms of type, the cereals segment is expected to lead the global milk shake powder market during the forecast period, followed by milk tea or coffee and others segments. The cereals segment is projected to grow at a CAGR of 6% during the forecast period from 2018 to 2030. This can be attributed to rising awareness about health and fitness among consumers and growing demand for healthy breakfast options across different regions worldwide.
Product Definition:
Milk shake powder is a type of food additive that is used to improve the flavor and consistency of milkshakes. It can also be used to thicken smoothies and other beverages. Milk shake powder is made from milk, sugar, stabilizers, and flavorings. It can be added to cold or hot drinks.
Cereals:
Cereals are basically food products made from the processed endosperm of a grain. The most common types of cereals consumed around the world are wheat, rice, maize (corn), barley and oats. Oats have been considered as one of the healthiest breakfast foods mainly because they contain essential vitamins and minerals along with various antioxidants that help in reducing cholesterol levels and controlling blood sugar levels.
Milk Tea or Coffee:
Coffee and tea are the most common ingredients used in milk shakes. The main function of these ingredients is to add flavor to the milk shake, which contains proteins, carbohydrates, vitamins and minerals along with fat or sugar as per consumer requirements. Milk tea or coffee can be made using instant coffee powder or tea bags. These products are also available in flavored forms such as vanilla, chocolate etc., which adds on to its marketability among kids and adults alike.
Application Insights:
The Others application segment held the largest market share, in terms of both revenue and volume, in 2017. The growth can be attributed to the growing consumption of milk tea or coffee by people who do not consume breakfast regularly. Moreover, increasing health awareness among consumers is driving the demand for nutritional supplements that offer various health benefits such as muscle endurance and strength enhancement. This trend is expected to drive product demand over the forecast period.
The age45+ group was estimated to be one of the fastest-growing segments owing to an increase in geriatric population across countries worldwide.
Regional Analysis:
Asia Pacific dominated the global milk shake powder market in 2017. The region is expected to witness a CAGR of XX% over the forecast period, owing to increasing consumption of dairy products and beverages among consumers aged 18 years and above in countries such as China, Japan, India, South Korea and Indonesia. Moreover, rising demand for ready-to-drink beverages among working professionals is anticipated to fuel product sales over the next eight years.
North America accounted for a significant share of revenue in 2017 owing to high consumption levels of milk based drinks amongst millennials in countries such as U.S.
Growth Factors:
- Increasing demand for healthy food products: The global milk shake powder market is expected to grow at a CAGR of 5.5% during the forecast period. This can be attributed to the increasing demand for healthy food products across the globe.
- Rising disposable income: The growth of the milk shake powder market is also driven by rising disposable incomes, which has led to an increase in consumer spending on premium and healthier food products.
- Growing popularity of ready-to-drink shakes: Another key factor driving the growth of this market is the growing popularity of ready-to-drink shakes, which offer convenience and are considered as a healthier option as compared to other types of drinks available in the market today.
- Proliferation of quick service restaurants: Proliferation of quick service restaurants (QSRs) is another major factor that is aiding in fuellingthe growthof themilk shakepowdermarketacrosstheglobeasQSRs offermilkshakesasoneoftheirmenuitems .Thisisduetothefactthatmilkshakesareconsideredashighlynutritiousandhealthyoptionbymostconsumers .Thus, QSRs are increasingly incorporating milkshake powders into their menus in order to cater to this demand from consumers worldwide .
Scope Of The Report
Report Attributes
Report Details
Report Title
Milk Shake Powder Market Research Report
By Type
Cereals, Milk Tea or Coffee, Others
By Application
age45+, age18-44, age7-17, Others
By Companies
Herbalife Nutritions, Shangqiu Yinzhijian Biological Technology, Glanbia, Simply Good Foods, BellRing Brands, Nestlé, Kainos Capital
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
176
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Milk Shake Powder Market Report Segments:
The global Milk Shake Powder market is segmented on the basis of:
Types
Cereals, Milk Tea or Coffee, Others
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
age45+, age18-44, age7-17, 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:
- Herbalife Nutritions
- Shangqiu Yinzhijian Biological Technology
- Glanbia
- Simply Good Foods
- BellRing Brands
- Nestlé
- Kainos Capital
Highlights of The Milk Shake Powder 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:
- Cereals
- Milk Tea or Coffee
- Others
- By Application:
- age45+
- age18-44
- age7-17
- 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 Milk Shake Powder 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
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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?
Milk Shake Powder is a powdered mix that is used to make milk shakes and other frozen treats. It contains dairy ingredients, such as milk powder, sugar, and ice cream stabilizers.
Some of the major companies in the milk shake powder market are Herbalife Nutritions, Shangqiu Yinzhijian Biological Technology, Glanbia, Simply Good Foods, BellRing Brands, Nestl©, Kainos Capital.
The milk shake powder market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Milk Shake Powder Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Milk Shake Powder Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Milk Shake Powder Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Milk Shake Powder Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Milk Shake Powder Market Size & Forecast, 2020-2028
4.5.1 Milk Shake Powder Market Size and Y-o-Y Growth
4.5.2 Milk Shake Powder Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Cereals
5.2.2 Milk Tea or Coffee
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 age45+
6.2.2 age18-44
6.2.3 age7-17
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Milk Shake Powder Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Milk Shake Powder Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Cereals
9.6.2 Milk Tea or Coffee
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 age45+
9.10.2 age18-44
9.10.3 age7-17
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Cereals
10.6.2 Milk Tea or Coffee
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 age45+
10.10.2 age18-44
10.10.3 age7-17
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Cereals
11.6.2 Milk Tea or Coffee
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 age45+
11.10.2 age18-44
11.10.3 age7-17
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Cereals
12.6.2 Milk Tea or Coffee
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 age45+
12.10.2 age18-44
12.10.3 age7-17
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Cereals
13.6.2 Milk Tea or Coffee
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 age45+
13.10.2 age18-44
13.10.3 age7-17
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Milk Shake Powder Market: Competitive Dashboard
14.2 Global Milk Shake Powder Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Herbalife Nutritions
14.3.2 Shangqiu Yinzhijian Biological Technology
14.3.3 Glanbia
14.3.4 Simply Good Foods
14.3.5 BellRing Brands
14.3.6 Nestlé
14.3.7 Kainos Capital
