Asia Pacific's Ready-to-Drink Protein Beverage sector will grow at a CAGR of 13.2% to reach USD 888 million - Ready-to-Drink Protein Beverage Market Future Prospects
Market Key values
CAGR % - 8.1%
Market value in 2021 - USD 1,423 million
Market value by 2030 - USD 2,654 million
Largest Market - North America
Fastest Growing Market - Asia-Pacific
Segment having higher CAGR % - Whey section based on source
Ready-to-Drink Protein Beverage market report is an expert's study that focuses mostly on businesses, categories, applications, regions, and other subcategories. In addition to this, the reports include an analysis of sales and revenue, as well as trade, competition, investment, and projections. Ready-to-Drink Protein Beverage Market: Information by Source (Whey, Casein), Distribution Channel (Supermarkets/Hypermarkets, Pharmacies/Drugstores), and Region — Forecast till 2030 Ready-to-Drink Protein Beverage Market Research studies explore the effects of COVID-19 on the upstream, midstream, and downstream sectors of the industry. In addition, this analysis provides extensive market estimations by putting an emphasis on data covering numerous factors that encompass market dynamics such as market drivers, market barriers, market opportunities, market risks, and industry news and trends.
Fitness Clubs Proliferating
Protein-based drinks are becoming popular, especially among athletes. The global ready-to-drink protein beverage industry is growing due to an emphasis on healthy living and fitness, as well as an increase in sports, health clubs, sports clubs, and gyms. Health concerns and lifestyle changes have driven health club and fitness centre expansion. Increased health consciousness and the requirement for proper nutrition in diet drove demand for sports nutrition products like protein drinks. The ready-to-drink protein beverage market has grown as more middle-aged and older individuals play sports.
Organic Flavoured Sports Nutrients
Protein drink demand among active and healthy customers is driving global consumer preferences for cleaner ingredients and organic meals. Market participants are introducing novel items that fulfil customer needs to earn market share in response to rising demand. OATH launched its main product, OATH Organic Oat-Milk with Plant Protein, in 2019. It contains 15-16 grammes of protein and 6-10 grammes of fibre. Consumers also prefer unique flavours. Businesses are creating new items to meet consumer demands. Thus, new products and technology create attractive market prospects.
Competitive Players
Some of the key players operating in the Ready-to-Drink Protein Beverage market are
Kellogg Company
Glanbia PLC
PepsiCo Inc.
Halen Brands
Post Holdings Inc.
Koia
Abbott Nutrition
Labrada Nutrition
Pure Protein
Organic Valley
The Coca-Cola Company
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The Ready-to-Drink Protein Beverage market report helps a wide range of businesses figure out what their consumers truly want by doing extensive market research. When it comes to new products, every company owner wants to know how much demand there is, and this report is a great resource. Additional benefits include ensuring that the most recent market developments are covered. You may keep a close check on key rivals and their company growth tactics by reading the Ready-to-Drink Protein Beverage market research. It also does an in-depth research for the years 2022-2030 in order to provide company owners with new business options.
This research also provides a dashboard view of prominent Organization, highlighting their effective marketing tactics, market share and most recent advances in both historical and current settings.
Global Ready-to-Drink Protein Beverage Market: Segmentation
By Source
Whey
Casein
Soy
Other Sources
By Distribution Channel
Supermarkets/Hypermarkets
Pharmacies/ Drugstores
Specialist Retailers
Online Retail
Other Distribution Channels
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The report forecasts revenue growth at all the geographic levels and provides an in-depth analysis of the latest industry trends and development patterns from 2022 to 2030 in each of the segments and sub-segments. Some of the major geographies included in the market are given below:
North America (U.S., Canada)
Europe (U.K., Germany, France, Italy)
Asia Pacific (China, India, Japan, Singapore, Malaysia)
Latin America (Brazil, Mexico)
Middle East & Africa
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