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LAMEA Ready to Drink Shakes Market Size, Share & Trends Analysis Report By Type (Bottles, Cans, and Tetra Packs), By Distribution Channel (Supermarkets, & Hypermarkets, Convenience Stores and Online), By Country and Growth Forecast, 2023 - 2030

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    Report

  • 138 Pages
  • March 2024
  • Region: Africa, Middle East
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5949566
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.

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.

List of Key Companies Profiled

  • Abbott Laboratories
  • Kellogg Company
  • The Coca Cola Company
  • PepsiCo, Inc.
  • Nestle S.A.
  • Hormel Foods Corporation (MegaMex Foods, LLC)
  • Danone S.A.
  • Campbell Soup Company
  • KeHE Distributors, LLC
  • Huel GmbH

Market Report Segmentation

By Type (Volume, Million Units (200ml-pack of 6), USD Billion, 2019-2030)
  • Bottles
  • Cans
  • Tetra Packs
By Distribution Channel (Volume, Million Units (200ml-pack of 6), USD Billion, 2019-2030)
  • Supermarkets & Hypermarkets
  • Convenience Stores
  • Online
By Country (Volume, Million Units (200ml-pack of 6), USD Billion, 2019-2030)
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Ready to Drink Shakes Market, by Type
1.4.2 LAMEA Ready to Drink Shakes Market, by Distribution Channel
1.4.3 LAMEA Ready to Drink Shakes 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
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Top Winning Strategies
4.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
4.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2019, Jan - 2024, Jan) Leading Players
4.4 Porter’s Five Forces Analysis
Chapter 5. LAMEA Ready to Drink Shakes Market by Type
5.1 LAMEA Bottles Market by Country
5.2 LAMEA Cans Market by Country
5.3 LAMEA Tetra Packs Market by Country
Chapter 6. LAMEA Ready to Drink Shakes Market by Distribution Channel
6.1 LAMEA Supermarkets & Hypermarkets Market by Country
6.2 LAMEA Convenience Stores Market by Country
6.3 LAMEA Online Market by Country
Chapter 7. LAMEA Ready to Drink Shakes Market by Country
7.1 Brazil Ready to Drink Shakes Market
7.1.1 Brazil Ready to Drink Shakes Market by Type
7.1.2 Brazil Ready to Drink Shakes Market by Distribution Channel
7.2 Argentina Ready to Drink Shakes Market
7.2.1 Argentina Ready to Drink Shakes Market by Type
7.2.2 Argentina Ready to Drink Shakes Market by Distribution Channel
7.3 UAE Ready to Drink Shakes Market
7.3.1 UAE Ready to Drink Shakes Market by Type
7.3.2 UAE Ready to Drink Shakes Market by Distribution Channel
7.4 Saudi Arabia Ready to Drink Shakes Market
7.4.1 Saudi Arabia Ready to Drink Shakes Market by Type
7.4.2 Saudi Arabia Ready to Drink Shakes Market by Distribution Channel
7.5 South Africa Ready to Drink Shakes Market
7.5.1 South Africa Ready to Drink Shakes Market by Type
7.5.2 South Africa Ready to Drink Shakes Market by Distribution Channel
7.6 Nigeria Ready to Drink Shakes Market
7.6.1 Nigeria Ready to Drink Shakes Market by Type
7.6.2 Nigeria Ready to Drink Shakes Market by Distribution Channel
7.7 Rest of LAMEA Ready to Drink Shakes Market
7.7.1 Rest of LAMEA Ready to Drink Shakes Market by Type
7.7.2 Rest of LAMEA Ready to Drink Shakes Market by Distribution Channel
Chapter 8. Company Profiles
8.1 Abbott Laboratories
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Product Launches and Product Expansions:
8.1.6 SWOT Analysis
8.2 Kellogg Company
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.6 SWOT Analysis
8.3 The Coca Cola Company
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Recent strategies and developments:
8.3.4.1 Partnerships, Collaborations, and Agreements:
8.3.4.2 Product Launches and Product Expansions:
8.3.4.3 Acquisition and Mergers:
8.3.5 SWOT Analysis
8.4 PepsiCo, Inc.
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expense
8.4.5 Recent strategies and developments:
8.4.5.1 Product Launches and Product Expansions:
8.4.5.2 Acquisition and Mergers:
8.4.6 SWOT Analysis
8.5 Nestle S.A
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expenses
8.5.5 Recent strategies and developments:
8.5.5.1 Partnerships, Collaborations, and Agreements:
8.5.6 SWOT Analysis
8.6 Hormel Foods Corporation (MegaMex Foods, LLC)
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expenses
8.6.5 SWOT Analysis
8.7 Danone S.A.
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Category and Regional Analysis
8.7.4 Recent strategies and developments:
8.7.4.1 Product Launches and Product Expansions:
8.7.5 SWOT Analysis
8.8 Campbell Soup Company
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental Analysis
8.8.4 Research & Development Expenses
8.8.5 SWOT Analysis
8.9 KeHE Distributors, LLC
8.9.1 Company Overview
8.9.2 SWOT Analysis
8.10. Huel Limited
8.10.1 Company Overview
8.10.2 Recent strategies and developments:
8.10.2.1 Product Launches and Product Expansions:
8.10.3 SWOT Analysis

Companies Mentioned

  • Abbott Laboratories
  • Kellogg Company
  • The Coca Cola Company
  • PepsiCo, Inc.
  • Nestle S.A.
  • Hormel Foods Corporation (MegaMex Foods, LLC)
  • Danone S.A.
  • Campbell Soup Company
  • KeHE Distributors, LLC
  • Huel GmbH

Methodology

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