The Latin America, Middle East and Africa Ready to Drink Shakes Market would witness market growth of 8.4% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 149.2 million units (200ml-pack of 6), showcasing a growth of 10.9% (2023-2030).
The ready-to-drink shakes segment in convenience stores aligns with the broader trend of health-conscious consumption, as consumers increasingly prioritize convenient yet nutritious options amidst their busy lifestyles. As a result, convenience stores play a pivotal role in driving sales and expanding the reach of ready-to-drink shakes, serving as a key distribution channel that complements other retail outlets and online platforms in meeting the diverse needs of consumers. Therefore, the UAE market have 4.02 million units (200ml – pack of 6) ready to drink shakes at convenience stores in 2022.
The Brazil market dominated the LAMEA Ready to Drink Shakes Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $365.1 Million by 2030. The Argentina market is showcasing a CAGR of 9% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 8% during (2023 - 2030).
The ready to drink shakes market, with its fusion of convenience, nutrition, and innovation, stands at the forefront of the liquid nutrition revolution. As consumer lifestyles evolve, propelled by a desire for health-conscious choices and on-the-go solutions, the market is poised for continued growth and diversification. The dynamic interplay offers a symphony of options that cater to the diverse needs of individuals navigating the modern landscape of nutrition.
Additionally, adopting ready-to-drink shakes marks a significant paradigm shift in how individuals approach nutrition. In an era characterized by fast-paced living, the traditional three-meals-a-day routine has transformed, giving way to on-the-go consumption and flexible eating patterns. These shakes serve as convenient and satisfying snack options, blurring the lines between traditional meals and between-meal snacking occasions.
E-commerce platforms provide a space for various products, including different flavors and formulations of RTD shakes. Consumers in Brazil can explore and choose from a diverse range of options, catering to various preferences such as flavors, dietary requirements, and nutritional goals. Therefore, growing e-commerce sector in the Asia Pacific will assist in expanding the regional ready to drink shakes market.
Free Valuable Insights: The Worldwide Ready to Drink Shakes Market is Projected to reach USD 15.9 Billion by 2030, at a CAGR of 6.1%
Based on Type, the market is segmented into Bottles, Cans, and Tetra Packs. Based on Distribution Channel, the market is segmented into Supermarkets, & Hypermarkets, Convenience Stores and Online. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
By Type (Volume, Million Units (200ml-pack of 6), USD Billion, 2019-2030)
By Distribution Channel (Volume, Million Units (200ml-pack of 6), USD Billion, 2019-2030)
By Country (Volume, Million Units (200ml-pack of 6), USD Billion, 2019-2030)
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