Market Overview:
The global packaged milkshakes 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 convenience foods and rising disposable income of consumers across the globe. In terms of type, chocolate flavored packaged milkshakes are expected to dominate the market during the forecast period, followed by vanilla flavored and strawberry flavored variants. Among applications, convenience stores are expected to account for a major share of the global packaged milkshake market in 2018. However, supermarkets and hypermarkets are also projected to witness significant growth in this segment over the next decade owing to rising consumer demand for ready-to-eat food products.
Product Definition:
Packaged milkshakes are pre-made shakes that come in a container or package. They are often made with ice cream, milk, and flavorings. Packaged milkshakes can be convenient for on-the-go eating, and they can also be stored in the fridge for later consumption.
Chocolate Flavored:
Chocolate flavored packaged milkshakes are expected to witness significant growth over the forecast period. The market is driven by factors such as increasing demand for chocolate-flavored products, changing consumer preferences towards ready-to-drink beverages and growing popularity of chocolate milk in schools and colleges.
The global market has been witnessing strong growth due to rising demand from emerging economies including China, India, Brazil and Middle East countries.
Vanilla Flavored:
Vanilla flavored packaged milkshakes are made with milk, flavoring agents, and sweeteners. The most common types of flavoring agents used in vanilla flavored milkshakes are alcohols and aldehydes. Alcohol is usually used to create the characteristic flavor of the vanilla bean while Aldehyde is derived from natural sources like fruits or flowers to give it that authentic taste.
Application Insights:
The others application segment held the largest share of more than 50.0% in 2017. The other applications include restaurants, fast food joints and hotels. Packaged milkshakes are widely consumed at these locations as they are convenient and easy to prepare food products for consumers. Moreover, rising disposable income among working class adults in developing countries including India, China and Brazil is expected to promote the consumption of packaged shakes over the next few years.
Packaged shakes have gained popularity among health conscious individuals who prefer avoiding fatty foods due to concerns regarding cholesterol levels or cardiovascular diseases later in life.
Regional Analysis:
North America is expected to be the largest regional market over the forecast period. The region’s growth can be attributed to increasing demand for packaged milkshakes as a result of rising obesity problems in U.S and Canada, which has increased consumers preference for healthy alternatives like packaged milkshakes. Moreover, growing health awareness among people is anticipated to increase their spending on nutritious food products, such as packaged milkshakes that fulfill nutritional requirements and help lose weight fast.
Asia Pacific is projected to register the fastest CAGR from 2018 to 2030 owing high consumption of ice-cream based desserts in countries like India and China along with other South East Asian countries that border Myanmar country where majority of population follows Buddhism religion wherein they offer prayers at shrines dedicated only for deities called Yakshis or Devas; these are offered milk flavored drinks known as Packaged Milkshake (Thandai).
Growth Factors:
- Increasing disposable income of the consumers
- Changing lifestyle and growing demand for convenience foods
- Rising awareness about the health benefits of packaged milkshakes
- Growing popularity of fast food chains that serve packaged milkshakes
- Innovative product offerings by the players in the market
Scope Of The Report
Report Attributes
Report Details
Report Title
Packaged Milkshakes Market Research Report
By Type
Chocolate Flavored, Vanilla Flavored, Strawberry Flavored, Almond And Other Nuts Flavored
By Application
Convenience Stores, Supermarkets, Hypermarkets, Others
By Companies
CavinKare Group, Dean Foods, DANONE, FrieslandCampina, Muller UK & Ireland, Nestle, THE HERSHEY, CavinKare Group
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
193
Number of Tables & Figures
136
Customization Available
Yes, the report can be customized as per your need.
Global Packaged Milkshakes Market Report Segments:
The global Packaged Milkshakes market is segmented on the basis of:
Types
Chocolate Flavored, Vanilla Flavored, Strawberry Flavored, Almond And Other Nuts Flavored
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
Convenience Stores, Supermarkets, Hypermarkets, 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:
- CavinKare Group
- Dean Foods
- DANONE
- FrieslandCampina
- Muller UK & Ireland
- Nestle
- THE HERSHEY
- CavinKare Group
Highlights of The Packaged Milkshakes 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:
- Chocolate Flavored
- Vanilla Flavored
- Strawberry Flavored
- Almond And Other Nuts Flavored
- By Application:
- Convenience Stores
- Supermarkets
- Hypermarkets
- 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 Packaged Milkshakes 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.
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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?
Packaged milkshakes are a type of food that come in a sealed container. They are made with milk, ice cream, and sometimes other ingredients.
Some of the major players in the packaged milkshakes market are CavinKare Group, Dean Foods, DANONE, FrieslandCampina, Muller UK & Ireland, Nestle, THE HERSHEY, CavinKare Group.
The packaged milkshakes 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 Packaged Milkshakes 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 Packaged Milkshakes Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Packaged Milkshakes 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 Packaged Milkshakes 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 Packaged Milkshakes Market Size & Forecast, 2018-2028 4.5.1 Packaged Milkshakes Market Size and Y-o-Y Growth 4.5.2 Packaged Milkshakes Market Absolute $ Opportunity
Chapter 5 Global Packaged Milkshakes 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 Packaged Milkshakes Market Size Forecast by Type
5.2.1 Chocolate Flavored
5.2.2 Vanilla Flavored
5.2.3 Strawberry Flavored
5.2.4 Almond And Other Nuts Flavored
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Packaged Milkshakes 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 Packaged Milkshakes Market Size Forecast by Applications
6.2.1 Convenience Stores
6.2.2 Supermarkets
6.2.3 Hypermarkets
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Packaged Milkshakes 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 Packaged Milkshakes 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 Packaged Milkshakes Analysis and Forecast
9.1 Introduction
9.2 North America Packaged Milkshakes 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 Packaged Milkshakes Market Size Forecast by Type
9.6.1 Chocolate Flavored
9.6.2 Vanilla Flavored
9.6.3 Strawberry Flavored
9.6.4 Almond And Other Nuts Flavored
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 Packaged Milkshakes Market Size Forecast by Applications
9.10.1 Convenience Stores
9.10.2 Supermarkets
9.10.3 Hypermarkets
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 Packaged Milkshakes Analysis and Forecast
10.1 Introduction
10.2 Europe Packaged Milkshakes 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 Packaged Milkshakes Market Size Forecast by Type
10.6.1 Chocolate Flavored
10.6.2 Vanilla Flavored
10.6.3 Strawberry Flavored
10.6.4 Almond And Other Nuts Flavored
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 Packaged Milkshakes Market Size Forecast by Applications
10.10.1 Convenience Stores
10.10.2 Supermarkets
10.10.3 Hypermarkets
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 Packaged Milkshakes Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Packaged Milkshakes 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 Packaged Milkshakes Market Size Forecast by Type
11.6.1 Chocolate Flavored
11.6.2 Vanilla Flavored
11.6.3 Strawberry Flavored
11.6.4 Almond And Other Nuts Flavored
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 Packaged Milkshakes Market Size Forecast by Applications
11.10.1 Convenience Stores
11.10.2 Supermarkets
11.10.3 Hypermarkets
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 Packaged Milkshakes Analysis and Forecast
12.1 Introduction
12.2 Latin America Packaged Milkshakes 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 Packaged Milkshakes Market Size Forecast by Type
12.6.1 Chocolate Flavored
12.6.2 Vanilla Flavored
12.6.3 Strawberry Flavored
12.6.4 Almond And Other Nuts Flavored
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 Packaged Milkshakes Market Size Forecast by Applications
12.10.1 Convenience Stores
12.10.2 Supermarkets
12.10.3 Hypermarkets
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) Packaged Milkshakes Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Packaged Milkshakes 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) Packaged Milkshakes Market Size Forecast by Type
13.6.1 Chocolate Flavored
13.6.2 Vanilla Flavored
13.6.3 Strawberry Flavored
13.6.4 Almond And Other Nuts Flavored
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) Packaged Milkshakes Market Size Forecast by Applications
13.10.1 Convenience Stores
13.10.2 Supermarkets
13.10.3 Hypermarkets
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 Packaged Milkshakes Market: Competitive Dashboard
14.2 Global Packaged Milkshakes Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 CavinKare Group
14.3.2 Dean Foods
14.3.3 DANONE
14.3.4 FrieslandCampina
14.3.5 Muller UK & Ireland
14.3.6 Nestle
14.3.7 THE HERSHEY
14.3.8 CavinKare Group