Market Overview:
The global ready to drink protein shake market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for healthy and nutritious food products, especially among the working population. In addition, rising awareness about the benefits of protein shakes is also propelling the growth of this market. Based on type, muscle growth was the largest segment in 2017 and is expected to maintain its dominance during the forecast period. This can be attributed to growing awareness about health and fitness among consumers across all age groups. Diabetes was another key segment in 2017 and is projected to grow at a high rate owing to increasing prevalence of diabetes mellitus globally. Based on application, child was the largest segment in 2017 and is anticipated register highest CAGR during 2018-2030 owing growing trend among parents for providing healthy food options for their children’s diet .
Product Definition:
A ready-to-drink protein shake is a beverage that contains protein and other nutrients, such as vitamins and minerals. Protein shakes are often used to help people meet their daily protein needs, especially if they are following a restrictive diet or trying to build muscle.
Muscle Growth:
Muscle growth is the process by which the body builds new muscle tissue. It's an natural process that enhances when performed with resistance training. The two most common ways to enhance muscle growth are through weight lifting and protein consumption post workout.
Diabetes:
Diabetes is a disease in which the inability of the pancreas to produce insulin causes decreased glucose levels in the body. The global diabetes market was valued at USD 12 billion in 2014 and is expected to grow at a CAGR of XX% over the forecast period.
The major factor driving this industry’s growth includes an increase in obesity, especially among youth, due to unhealthy lifestyles such as lack of exercise and high-calorie diet.
Application Insights:
The adult application segment led the global ready to drink protein shake market in 2017. This can be attributed to the increasing number of fitness-conscious adults. Furthermore, a growing preference for nutritional supplements is also driving this segment. The elderly population group also represents a lucrative market opportunity owing to rising health concerns and changing lifestyles. Rising geriatric population across the globe is further expected to drive demand over next few years.
The child application segment was valued at USD 194 million in 2017 and is projected to witness significant growth over the forecast period owing to increasing awareness about proper nutrition among parents regarding their children¢â‚¬â„¢ health & development needs along with rising healthcare costs affecting families globally, which may require parents¢â‚¬â„¢ financial assistance for purchasing nutritional supplements for their children's diets as well as medical checkups & treatments costing more than USD 400/= per year (USD 1 = SGD 1.33).
Regional Analysis:
North America was the largest market for ready to drink protein shakes, accounting for a share of more than 30.0% in 2017. The region is expected to maintain its dominance over the forecast period as well due to increasing awareness about health and fitness among people, rising popularity of bodybuilding and strong demand from working class population looking for quick results without any hard work.
Asia Pacific is anticipated to be the fastest-growing regional market at a CAGR of XX% from 2018 to 2030 owing high consumption by countries such as China and India along with growing number of fitness clubs in these countries which promote bodybuilding activities among their citizens thus creating an opportunity for manufacturers active across this region).
Growth Factors:
- Increasing health awareness and rising demand for healthy lifestyle products.
- Growing popularity of protein shakes as a means to improve overall health, aid in weight loss/management, and build muscle mass.
- Rising disposable income and growing trend of premiumization in the food & beverage industry.
- Proliferation of online retail channels that offer a wide variety of RTD protein shake brands and flavors to choose from.
Scope Of The Report
Report Attributes
Report Details
Report Title
Ready To Drink Protein Shake Market Research Report
By Type
Muscle Growth, Diabetes, Weight Management, Other,
By Application
Child, Adult, The Elderly,
By Companies
Abbott, Nestlé, Fairlife, Gatorade, Joint Juice, CytoSport, Naturade/Prevention, Orgain, Kellogg NA Co, Svelte
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Ready To Drink Protein Shake Market Report Segments:
The global Ready To Drink Protein Shake market is segmented on the basis of:
Types
Muscle Growth, Diabetes, Weight Management, Other,
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
Child, Adult, The Elderly,
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:
- Abbott
- Nestlé
- Fairlife
- Gatorade
- Joint Juice
- CytoSport
- Naturade/Prevention
- Orgain
- Kellogg NA Co
- Svelte
Highlights of The Ready To Drink Protein 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:
- Muscle Growth
- Diabetes
- Weight Management
- Other
- By Application:
- Child
- Adult
- The Elderly
- 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 Ready To Drink Protein 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?
Ready to drink protein shakes are a type of shake that is ready to drink right after it is made. They are typically made with milk, ice cream, and protein powder and are often marketed as an easy way to get your daily dose of protein.
Some of the major players in the ready to drink protein shake market are Abbott, NestlƒÂ©, Fairlife, Gatorade, Joint Juice, CytoSport, Naturade/Prevention, Orgain, Kellogg NA Co, Svelte.
The ready to drink protein shake market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Ready To Drink Protein 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. Ready To Drink Protein Shake Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Ready To Drink Protein Shake Market - Supply Chain
4.5. Global Ready To Drink Protein Shake Market Forecast
4.5.1. Ready To Drink Protein Shake Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Ready To Drink Protein Shake Market Size (000 Units) and Y-o-Y Growth
4.5.3. Ready To Drink Protein Shake Market Absolute $ Opportunity
5. Global Ready To Drink Protein 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. Ready To Drink Protein Shake Market Size and Volume Forecast by Type
5.3.1. Muscle Growth
5.3.2. Diabetes
5.3.3. Weight Management
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Ready To Drink Protein 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. Ready To Drink Protein Shake Market Size and Volume Forecast by Application
6.3.1. Child
6.3.2. Adult
6.3.3. The Elderly
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Ready To Drink Protein 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. Ready To Drink Protein 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 Ready To Drink Protein 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. Ready To Drink Protein 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 Ready To Drink Protein Shake Demand Share Forecast, 2019-2026
9. North America Ready To Drink Protein 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 Ready To Drink Protein 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 Ready To Drink Protein Shake Market Size and Volume Forecast by Application
9.4.1. Child
9.4.2. Adult
9.4.3. The Elderly
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Ready To Drink Protein Shake Market Size and Volume Forecast by Type
9.7.1. Muscle Growth
9.7.2. Diabetes
9.7.3. Weight Management
9.7.4. Other
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 Ready To Drink Protein Shake Demand Share Forecast, 2019-2026
10. Latin America Ready To Drink Protein 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 Ready To Drink Protein 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 Ready To Drink Protein Shake Market Size and Volume Forecast by Application
10.4.1. Child
10.4.2. Adult
10.4.3. The Elderly
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Ready To Drink Protein Shake Market Size and Volume Forecast by Type
10.7.1. Muscle Growth
10.7.2. Diabetes
10.7.3. Weight Management
10.7.4. Other
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 Ready To Drink Protein Shake Demand Share Forecast, 2019-2026
11. Europe Ready To Drink Protein 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 Ready To Drink Protein 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 Ready To Drink Protein Shake Market Size and Volume Forecast by Application
11.4.1. Child
11.4.2. Adult
11.4.3. The Elderly
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Ready To Drink Protein Shake Market Size and Volume Forecast by Type
11.7.1. Muscle Growth
11.7.2. Diabetes
11.7.3. Weight Management
11.7.4. Other
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 Ready To Drink Protein Shake Demand Share, 2019-2026
12. Asia Pacific Ready To Drink Protein 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 Ready To Drink Protein 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 Ready To Drink Protein Shake Market Size and Volume Forecast by Application
12.4.1. Child
12.4.2. Adult
12.4.3. The Elderly
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Ready To Drink Protein Shake Market Size and Volume Forecast by Type
12.7.1. Muscle Growth
12.7.2. Diabetes
12.7.3. Weight Management
12.7.4. Other
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 Ready To Drink Protein Shake Demand Share, 2019-2026
13. Middle East & Africa Ready To Drink Protein 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 Ready To Drink Protein 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 Ready To Drink Protein Shake Market Size and Volume Forecast by Application
13.4.1. Child
13.4.2. Adult
13.4.3. The Elderly
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Ready To Drink Protein Shake Market Size and Volume Forecast by Type
13.7.1. Muscle Growth
13.7.2. Diabetes
13.7.3. Weight Management
13.7.4. Other
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 Ready To Drink Protein Shake Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Ready To Drink Protein Shake Market: Market Share Analysis
14.2. Ready To Drink Protein Shake Distributors and Customers
14.3. Ready To Drink Protein Shake Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Abbott
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Nestlé
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Fairlife
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Gatorade
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Joint Juice
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. CytoSport
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Naturade/Prevention
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Orgain
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Kellogg NA Co
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Svelte
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
