The North America Packaged Milkshakes Market would witness market growth of 6.7% CAGR during the forecast period (2023-2030).
The packaged milkshakes market refers to the industry that produces and sells milkshakes in pre-packaged forms, ready for consumption. Milkshakes are beverages made from a combination of milk, ice cream, flavorings, and sometimes fruits or other ingredients. These drinks are known for their creamy and sweet taste. When consumed, milkshakes are either manufactured right from milk sources or are prepared and served in a packaged form in a fast-food establishment. 3% fat, 3% syrup, 0.4% stabilizer, 13% MSNF (Milk-Solids-Not-Fat), and 8% sugar are all present in milkshakes. 28.4% of the total quantity is made up of solids.
Milkshakes are beloved for their delightful taste and creamy texture, and they offer several benefits that contribute to their popularity. First and foremost, milkshakes serve as a delightful indulgence. The combination of milk, ice cream, and flavorings creates a rich and sweet treat that satisfies sweet cravings and provides a comforting sense of indulgence. Whether it's a classic chocolate shake or an inventive gourmet flavor, milkshakes offer a wide range of taste experiences to please various palates. Beyond their taste, milkshakes can also be a source of comfort and nostalgia. Many people associate milkshakes with cherished memories of family outings, celebrations, or special occasions. This emotional connection adds to their appeal and makes them a comforting treat.
The increasing demand for milkshakes in North America can be attributed to several factors, reflecting changing consumer preferences and industry trends. One key driver of this demand is the diverse flavors of milkshakes and quick-service restaurants. Beyond the traditional vanilla, chocolate, and strawberry options, unique and seasonal flavors have emerged, such as salted caramel, cookies and cream, and fruit-based shakes. This wide variety of flavors attracts customers seeking novel taste experiences, contributing to the growing popularity of milkshakes.
The US market dominated the North America Packaged Milkshakes Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $90,787.5 Thousand by 2030. The Canada market is experiencing a CAGR of 9.1% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 8.1% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Packaged Milkshakes Market is Predict to reach $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.
By Packaging Material
By Flavor
By Country
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