According to a new report, published by KBV research, The Global Packaged Milkshakes Market size is expected to reach $491.5 million by 2030, rising at a market growth of 6.9% CAGR during the forecast period.
The Paper market segment is leading the Global Packaged Milkshakes Market, by Packaging Material in 2022; thereby, achieving a market value of $177 million by 2030. Tetra packs are being used more frequently since consumers are choosing them more and more. This will fuel the segment's growth throughout the projection period due to their ease of handling and availability for consumption whenever and wherever consumers prefer milkshakes in paper packaging. The appeal for such packaging among manufacturers results from its lower cost of packing compared with various packaging kinds, like metal.
The Vanilla segment would showcase a CAGR of 7.1% during (2023 - 2030). The vanilla flavor is thought to be entirely composed of milk, making it healthy. As a result, packaged milkshakes with a vanilla flavor are in high demand. Vanilla is a versatile flavor that pairs well with various ingredients and complements other flavors. This versatility makes vanilla milkshakes popular for mixing with fruits, chocolates, nuts, and other flavorings. Vanilla-flavored milkshakes typically have a balanced level of sweetness, which is neither overpowering nor subtle.
The Asia Pacific region dominated the Global Packaged Milkshakes Market, by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $200.3 million by 2030. The Europe region is expected to witness a CAGR of 6.2% during (2023 - 2030). Additionally, The North America region is expected to witness a CAGR of 6.7% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/packaged-milkshakes-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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 Geography
Companies Profiled