The Latin America, Middle East and Africa Packaged Milkshakes Market would witness market growth of 9.3% CAGR during the forecast period (2023-2030).
Milkshakes are not only delicious but also versatile. They come in a plethora of flavors, ranging from traditional choices like vanilla, chocolate, and strawberry to creative combinations featuring fruits, nuts, candies, and more. This variety caters to diverse taste preferences and allows consumers to explore new flavors. Milkshakes are also known for their cooling and refreshing qualities. In hot weather, a cold milkshake can provide relief and refreshment, making it a popular choice for beating the heat. Moreover, milkshakes offer versatility in terms of customization. Consumers can adjust the ingredients to suit their dietary preferences, whether they prefer a lighter, low-fat option or a more indulgent, creamy shake. This adaptability ensures that milkshakes can fit into a variety of dietary plans and lifestyles.
The demand is also being driven by an increase in demand for milkshakes resulting from the growing trend of eating more probiotic beverages, which are packed with healthy elements, for breakfast. The market has changed significantly as a result of rising health-conscious consumers. Milkshakes with a lot of useful ingredients are said to be beneficial for the skin, boost energy, strengthen the immune system, and promote general well-being.
Urbanization and changing lifestyles in many parts of the region have increased busy, on-the-go consumers. Packaged milkshakes are easy to carry, require no preparation, and are available in single-serving containers, making them convenient for individuals with hectic schedules. Whether during commutes, outdoor activities or as a quick snack, packaged milkshakes fit into the fast-paced lifestyle of many LAMEA residents. These factors collectively make packaged milkshakes a popular and sought-after beverage choice in LAMEA, catering to consumers' diverse tastes and lifestyles across the region.
The Brazil market dominated the LAMEA Packaged Milkshakes Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $7,717.1 Thousand by 2030. The Argentina market is showcasing a CAGR of 9.9% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 9% during (2023 - 2030).
Based on Packaging Material, the market is segmented into Paper, Plastic, Glass, and Tin. Based on Flavor, the market is segmented into Chocolate, Vanilla, Strawberry, Others, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Packaged Milkshakes Market is Projected to reach USD 491.5 Billion by 2030, at a CAGR of 6.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Mother Dairy Fruit & Vegetable Pvt. Ltd., The Hershey Company, Danone S.A., Nestle S.A , Amul (The Gujarat Co-operative Milk Marketing Federation Ltd.), CavinKare Pvt Ltd, Britannia Industries Limited, Royal FrieslandCampina N.V., Muller UK & Ireland and Dairy Farmers of America, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Packaging Material
By Flavor
- Chocolate
- Vanilla
- Strawberry
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Mother Dairy Fruit & Vegetable Pvt. Ltd.
- The Hershey Company
- Danone S.A.
- Nestle S.A
- Amul (The Gujarat Co-operative Milk Marketing Federation Ltd.)
- CavinKare Pvt Ltd
- Britannia Industries Limited
- Royal FrieslandCampina N.V.
- Muller UK & Ireland
- Dairy Farmers of America, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Packaged Milkshakes Market, by Packaging Material
1.4.2 LAMEA Packaged Milkshakes Market, by Flavor
1.4.3 LAMEA Packaged Milkshakes Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter’s Five Forces Analysis
Chapter 4. LAMEA Packaged Milkshakes Market, by Packaging Material
4.1 LAMEA Paper Market, by Country
4.2 LAMEA Plastic Market, by Country
4.3 LAMEA Glass Market, by Country
4.4 LAMEA Tin Market, by Country
Chapter 5. LAMEA Packaged Milkshakes Market, by Flavor
5.1 LAMEA Chocolate Market, by Country
5.2 LAMEA Vanilla Market, by Country
5.3 LAMEA Strawberry Market, by Country
5.4 LAMEA Others Market, by Country
Chapter 6. LAMEA Packaged Milkshakes Market, by Country
6.1 Brazil Packaged Milkshakes Market
6.1.1 Brazil Packaged Milkshakes Market, by Packaging Material
6.1.2 Brazil Packaged Milkshakes Market, by Flavor
6.2 Argentina Packaged Milkshakes Market
6.2.1 Argentina Packaged Milkshakes Market, by Packaging Material
6.2.2 Argentina Packaged Milkshakes Market, by Flavor
6.3 UAE Packaged Milkshakes Market
6.3.1 UAE Packaged Milkshakes Market, by Packaging Material
6.3.2 UAE Packaged Milkshakes Market, by Flavor
6.4 Saudi Arabia Packaged Milkshakes Market
6.4.1 Saudi Arabia Packaged Milkshakes Market, by Packaging Material
6.4.2 Saudi Arabia Packaged Milkshakes Market, by Flavor
6.5 South Africa Packaged Milkshakes Market
6.5.1 South Africa Packaged Milkshakes Market, by Packaging Material
6.5.2 South Africa Packaged Milkshakes Market, by Flavor
6.6 Nigeria Packaged Milkshakes Market
6.6.1 Nigeria Packaged Milkshakes Market, by Packaging Material
6.6.2 Nigeria Packaged Milkshakes Market, by Flavor
6.7 Rest of LAMEA Packaged Milkshakes Market
6.7.1 Rest of LAMEA Packaged Milkshakes Market, by Packaging Material
6.7.2 Rest of LAMEA Packaged Milkshakes Market, by Flavor
Chapter 7. Company Profiles
7.1 Mother Dairy Fruit & Vegetable Pvt. Ltd. (National Dairy Development Board)
7.1.1 Company Overview
7.1.2 SWOT Analysis
7.2 The Hershey Company (Hershey Trust Company)
7.2.1 Company overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Recent strategies and developments:
7.2.4.1 Partnerships, Collaborations, and Agreements:
7.2.4.2 Product Launches and Product Expansions:
7.2.5 SWOT Analysis
7.3 Danone S.A.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Category and Regional Analysis
7.3.4 SWOT Analysis
7.4 Nestle S.A
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expenses
7.4.5 SWOT Analysis
7.5 Amul (The Gujarat Co-operative Milk Marketing Federation Ltd.)
7.5.1 Company Overview
7.5.2 SWOT Analysis
7.6 CavinKare Pvt Ltd.
7.6.1 Company Overview
7.6.2 Recent strategies and developments:
7.6.2.1 Product Launches and Product Expansions:
7.6.3 SWOT Analysis
7.7 Britannia Industries Limited (Wadia group)
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Regional Analysis
7.7.4 SWOT Analysis
7.8 Royal FrieslandCampina N.V.
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Research & Development Expenses
7.8.5 SWOT Analysis
7.9 Muller UK & Ireland Group LLP
7.9.1 Company Overview
7.9.2 SWOT Analysis
7.10. Dairy Farmers of America, Inc.
7.10.1 Company Overview
7.10.2 SWOT Analysis
TABLE 1 LAMEA Packaged Milkshakes Market, 2019 - 2022, USD Thousand
TABLE 2 LAMEA Packaged Milkshakes Market, 2023 - 2030, USD Thousand
TABLE 3 LAMEA Packaged Milkshakes Market, by Packaging Material, 2019 - 2022, USD Thousand
TABLE 4 LAMEA Packaged Milkshakes Market, by Packaging Material, 2023 - 2030, USD Thousand
TABLE 5 LAMEA Paper Market, by Country, 2019 - 2022, USD Thousand
TABLE 6 LAMEA Paper Market, by Country, 2023 - 2030, USD Thousand
TABLE 7 LAMEA Plastic Market, by Country, 2019 - 2022, USD Thousand
TABLE 8 LAMEA Plastic Market, by Country, 2023 - 2030, USD Thousand
TABLE 9 LAMEA Glass Market, by Country, 2019 - 2022, USD Thousand
TABLE 10 LAMEA Glass Market, by Country, 2023 - 2030, USD Thousand
TABLE 11 LAMEA Tin Market, by Country, 2019 - 2022, USD Thousand
TABLE 12 LAMEA Tin Market, by Country, 2023 - 2030, USD Thousand
TABLE 13 LAMEA Packaged Milkshakes Market, by Flavor, 2019 - 2022, USD Thousand
TABLE 14 LAMEA Packaged Milkshakes Market, by Flavor, 2023 - 2030, USD Thousand
TABLE 15 LAMEA Chocolate Market, by Country, 2019 - 2022, USD Thousand
TABLE 16 LAMEA Chocolate Market, by Country, 2023 - 2030, USD Thousand
TABLE 17 LAMEA Vanilla Market, by Country, 2019 - 2022, USD Thousand
TABLE 18 LAMEA Vanilla Market, by Country, 2023 - 2030, USD Thousand
TABLE 19 LAMEA Strawberry Market, by Country, 2019 - 2022, USD Thousand
TABLE 20 LAMEA Strawberry Market, by Country, 2023 - 2030, USD Thousand
TABLE 21 LAMEA Others Market, by Country, 2019 - 2022, USD Thousand
TABLE 22 LAMEA Others Market, by Country, 2023 - 2030, USD Thousand
TABLE 23 LAMEA Packaged Milkshakes Market, by Country, 2019 - 2022, USD Thousand
TABLE 24 LAMEA Packaged Milkshakes Market, by Country, 2023 - 2030, USD Thousand
TABLE 25 Brazil Packaged Milkshakes Market, 2019 - 2022, USD Thousand
TABLE 26 Brazil Packaged Milkshakes Market, 2023 - 2030, USD Thousand
TABLE 27 Brazil Packaged Milkshakes Market, by Packaging Material, 2019 - 2022, USD Thousand
TABLE 28 Brazil Packaged Milkshakes Market, by Packaging Material, 2023 - 2030, USD Thousand
TABLE 29 Brazil Packaged Milkshakes Market, by Flavor, 2019 - 2022, USD Thousand
TABLE 30 Brazil Packaged Milkshakes Market, by Flavor, 2023 - 2030, USD Thousand
TABLE 31 Argentina Packaged Milkshakes Market, 2019 - 2022, USD Thousand
TABLE 32 Argentina Packaged Milkshakes Market, 2023 - 2030, USD Thousand
TABLE 33 Argentina Packaged Milkshakes Market, by Packaging Material, 2019 - 2022, USD Thousand
TABLE 34 Argentina Packaged Milkshakes Market, by Packaging Material, 2023 - 2030, USD Thousand
TABLE 35 Argentina Packaged Milkshakes Market, by Flavor, 2019 - 2022, USD Thousand
TABLE 36 Argentina Packaged Milkshakes Market, by Flavor, 2023 - 2030, USD Thousand
TABLE 37 UAE Packaged Milkshakes Market, 2019 - 2022, USD Thousand
TABLE 38 UAE Packaged Milkshakes Market, 2023 - 2030, USD Thousand
TABLE 39 UAE Packaged Milkshakes Market, by Packaging Material, 2019 - 2022, USD Thousand
TABLE 40 UAE Packaged Milkshakes Market, by Packaging Material, 2023 - 2030, USD Thousand
TABLE 41 UAE Packaged Milkshakes Market, by Flavor, 2019 - 2022, USD Thousand
TABLE 42 UAE Packaged Milkshakes Market, by Flavor, 2023 - 2030, USD Thousand
TABLE 43 Saudi Arabia Packaged Milkshakes Market, 2019 - 2022, USD Thousand
TABLE 44 Saudi Arabia Packaged Milkshakes Market, 2023 - 2030, USD Thousand
TABLE 45 Saudi Arabia Packaged Milkshakes Market, by Packaging Material, 2019 - 2022, USD Thousand
TABLE 46 Saudi Arabia Packaged Milkshakes Market, by Packaging Material, 2023 - 2030, USD Thousand
TABLE 47 Saudi Arabia Packaged Milkshakes Market, by Flavor, 2019 - 2022, USD Thousand
TABLE 48 Saudi Arabia Packaged Milkshakes Market, by Flavor, 2023 - 2030, USD Thousand
TABLE 49 South Africa Packaged Milkshakes Market, 2019 - 2022, USD Thousand
TABLE 50 South Africa Packaged Milkshakes Market, 2023 - 2030, USD Thousand
TABLE 51 South Africa Packaged Milkshakes Market, by Packaging Material, 2019 - 2022, USD Thousand
TABLE 52 South Africa Packaged Milkshakes Market, by Packaging Material, 2023 - 2030, USD Thousand
TABLE 53 South Africa Packaged Milkshakes Market, by Flavor, 2019 - 2022, USD Thousand
TABLE 54 South Africa Packaged Milkshakes Market, by Flavor, 2023 - 2030, USD Thousand
TABLE 55 Nigeria Packaged Milkshakes Market, 2019 - 2022, USD Thousand
TABLE 56 Nigeria Packaged Milkshakes Market, 2023 - 2030, USD Thousand
TABLE 57 Nigeria Packaged Milkshakes Market, by Packaging Material, 2019 - 2022, USD Thousand
TABLE 58 Nigeria Packaged Milkshakes Market, by Packaging Material, 2023 - 2030, USD Thousand
TABLE 59 Nigeria Packaged Milkshakes Market, by Flavor, 2019 - 2022, USD Thousand
TABLE 60 Nigeria Packaged Milkshakes Market, by Flavor, 2023 - 2030, USD Thousand
TABLE 61 Rest of LAMEA Packaged Milkshakes Market, 2019 - 2022, USD Thousand
TABLE 62 Rest of LAMEA Packaged Milkshakes Market, 2023 - 2030, USD Thousand
TABLE 63 Rest of LAMEA Packaged Milkshakes Market, by Packaging Material, 2019 - 2022, USD Thousand
TABLE 64 Rest of LAMEA Packaged Milkshakes Market, by Packaging Material, 2023 - 2030, USD Thousand
TABLE 65 Rest of LAMEA Packaged Milkshakes Market, by Flavor, 2019 - 2022, USD Thousand
TABLE 66 Rest of LAMEA Packaged Milkshakes Market, by Flavor, 2023 - 2030, USD Thousand
TABLE 67 Key Information – Mother Dairy Fruit & Vegetable Pvt. Ltd.
TABLE 68 Key Information –The Hershey Company
TABLE 69 Key information – Danone S.A.
TABLE 70 Key Information – Nestle S.A
TABLE 71 Key Information – Amul
TABLE 72 Key Information – CavinKare Pvt Ltd.
TABLE 73 Key Information –Britannia Industries Limited
TABLE 74 Key Information – Royal FrieslandCampina N.V.
TABLE 75 Key Information – Muller UK & Ireland Group LLP
TABLE 76 Key Information – Dairy Farmers of America, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Packaged Milkshakes Market, 2019 - 2030, USD Thousand
FIG 3 Key Factors Impacting the Packaged Milkshakes Market
FIG 4 Porter’s Five Forces Analysis - Packaged Milkshakes Market
FIG 5 LAMEA Packaged Milkshakes Market share, by Packaging Material, 2022
FIG 6 LAMEA Packaged Milkshakes Market share, by Packaging Material, 2030
FIG 7 LAMEA Packaged Milkshakes Market, by Packaging Material, 2019 - 2030, USD Thousand
FIG 8 LAMEA Packaged Milkshakes Market share, by Flavor, 2022
FIG 9 LAMEA Packaged Milkshakes Market share, by Flavor, 2030
FIG 10 LAMEA Packaged Milkshakes Market, by Flavor, 2019 - 2030, USD Thousand
FIG 11 LAMEA Packaged Milkshakes Market share, by Country, 2022
FIG 12 LAMEA Packaged Milkshakes Market share, by Country, 2030
FIG 13 LAMEA Packaged Milkshakes Market, by Country, 2019- 2030, USD Thousand
FIG 14 SWOT Analysis: Mother Dairy Fruit & Vegetable Pvt. Ltd.
FIG 15 SWOT Analysis: The Hershey Company
FIG 16 SWOT Analysis: Danone, S.A.
FIG 17 SWOT Analysis: Nestle S.A
FIG 18 SWOT Analysis: Amul
FIG 19 SWOT Analysis: CavinKare Pvt Ltd.
FIG 20 Swot Analysis: Britannia Industries Limited
FIG 21 SWOT Analysis: Royal FrieslandCampina N.V.
FIG 22 SWOT Analysis: Muller UK & Ireland Group LLP
FIG 23 SWOT Analysis: Dairy Farmers of Americas, Inc.