The North America Ready to Drink Shakes Market would witness market growth of 5.5% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 407.1 million units (200ml-pack of 6), showcasing a growth of 6.2% (2019-2022).
Bottles offer ample surface area for branding and product information, enabling effective marketing communication and brand differentiation on crowded retail shelves. As a result, bottles are positioned as a preferred packaging type in the ready-to-drink shakes market, driving convenience, sustainability, and consumer engagement simultaneously. Therefore, the Mexico market consumed 16.6 million units (200 ml – pack of 6) bottles in 2022.
The US market dominated the North America 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 $3,624.9 Million by 2030. The Canada market is experiencing a CAGR of 7.9% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 6.9% during (2023 - 2030).
The healthcare sector has embraced the application of RTD Shakes as medical nutrition. These shakes find utility when individuals face challenges in traditional food consumption due to medical conditions or recovery from surgeries or as supplements for nutritional support. They cater to the demand for quick, convenient, and nutritious options for those who may skip traditional breakfast or need a mid-morning pick-me-up.
Furthermore, the applications of RTD Shakes are further diversified by exploring flavor profiles and culinary innovation. Companies in the market continually introduce new and exotic flavors, drawing inspiration from different cuisines. This culinary exploration enhances the sensory experience, making RTD Shakes not just a functional beverage but a delightful treat.
The U.S. has seen a significant rise in the fitness and wellness culture, with more individuals engaging in regular exercise and adopting healthier lifestyles. As fitness becomes a mainstream focus, there is a growing demand for convenient and nutritious solutions to support workout routines. Thus, the rising fitness trends and e-commerce sector in North America will boost the demand for ready to drink shakes in the region.
Free Valuable Insights: The Ready to Drink Shakes Market is Predict 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 U.S., Mexico, Canada, and Rest of North America.
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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