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The WiFi as a Service Market is expected to escalate at a CAGR of 18.2% from USD 4.9 billion in 2022 to USD 26.0 billion through 2032.

In the wake of the COVID-19 outbreak, the WaaS has been expanding globally. In most nations, it has become more and more popular to work from home since the global shutdown, which has resulted in an increase in demand for high-speed wireless fidelity services. Increased demand has fuelled the growth of the wireless fidelity market and contributed greatly to the growth of the industry’s revenue.

The major IT companies also develop and offer advanced applications and services, such as Cisco Systems Inc., Aruba Networks, and Juniper Networks Inc. The Portable Branch Kit, for instance, is an Extreme Networks solution introduced in March 2020. A quick and secure connection can be established to temporary remote office sites through the solution. COVID-19 is a pandemic that is affecting the entire world, and the company is focused on helping its client base around the globe.

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As a result of the easy management of wireless infrastructure over cloud services, WaaS is experiencing rapid growth. Managed over the cloud, WaaS allows enterprises to operate wireless networks from anywhere.

Network administrators can remotely manage WiFi infrastructure issues using cloud-based centralized management, saving both time and money by performing the work from a remote location. Commercial applications have long made use of dial-up access. Thanks to advancements in technology, even residential customers can now have reasonably priced high-speed Internet access.

KEY TAKEAWAYS:

• The WiFi as a Service Market is predicted to develop at a CAGR of 17.9% in the wireless local area network (WLAN) controller’s section of the solution category.
• The CAGR for the outdoor segment of the location type category in WiFi as a Service Market is anticipated to be 18.0% through 2032.
• In the United States, the WiFi as a Service Market is estimated to reach US$ 9.1 billion by 2032, rising at a CAGR of 18.1% throughout the forecast period.
• By 2032, the WiFi as a Service Market in the United Kingdom is expected to be valued US$ 1.1 billion, with a CAGR of 17.3% through 2032.
• With a CAGR of 17.5% throughout the forecast period, China is expected to reach a market size of US$ 1.9 billion in WiFi as a Service Market by 2032.
• By 2032, the WiFi as a Service Market in Japan is estimated to be worth US$ 1.5 billion, growing at an annual rate of 16.4% through 2032.
• With a CAGR of 15.9% throughout the forecast period, South Korea is predicted to reach a market size of US$ 934.3 million in WiFi as a Service Market by 2032.

COMPETITIVE LANDSCAPE:

Key companies profiled in the WiFi as a Service Market include Juniper Networks Inc., Cisco System Inc., HPE (Aruba), Extreme Networks, Huawei Technologies Co Ltd, Fortinet, Ruckus Networks, Arista Networks, D-Link Corporation, TP-Link, and others.

Companies are acquiring companies to strengthen their positions in light of the increasing competition in the market. In May 2021, Aruba launched its wireless fidelity 6E access point solution. WiFi in the 6 GHz band will support up to seven 160 MHz channels and will offer an aggregate data rate of 3.9 Gbps to users.

WiFi networks are becoming increasingly popular among end-user businesses across the globe due to their cost-effectiveness, flexibility, scalability, and automation.

Thus, organizations are adopting Software as a Service (SaaS) based wireless fidelity models, which enable them to take advantage of continuous Internet access despite limited budgets and resources.

A surge in the demand for WaaS services has resulted from the increasing adoption of public and private SaaS models. SaaS services are being used by organizations to safeguard and transmit data in a secure manner using WiFi. A number of SaaS model projects are being developed by leading players on the market.

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Key segments

By Services:

• Professional Services
• Managed Services

By Solution:

• Access Points
• Wireless Local Area Network (WLAN) Controllers

By Organization Size:

• Large Enterprises
• Small and Medium Enterprises

By Location Type:

• Indoor
• Outdoor

By Vertical:

• Education
• Retail
• Travel and Hospitality
• Healthcare and Life Sciences

Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Summary of Statistics

1.3. Key Market Characteristics & Attributes

1.4. FMI Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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According to a recent report by Future Market Insights, a market research and competitive intelligence provider, the global functional proteins market is anticipated to be worth USD 6.6 billion in 2022 and USD 9.8 billion by 2032, with a CAGR of 6.6 percent expected over the forecast period.

Consumers are increasingly migrating away from animal-based proteins towards plant-based proteins, which is propelling the plant protein market forward. Increased movements toward veganism, environmental sustainability, and animal compassion are driving the need for plant-based proteins as an alternative functional ingredient. As a consequence, the plant-based protein sector is expected to have strong demand and quick growth, providing plenty of room for expansion and investment within the functional proteins market.

The increased demand for plant-based proteins, on the other hand, is putting a damper on the sale and consumption of animal-based proteins, decreasing total industry growth. Aside from that, the market expansion is hampered by the high cost of research and development, as well as the severe constraints imposed by regulators.

Changing lifestyles, westernization, increased research and development endeavors by big corporations, particularly in developing economies, and an ever-increasing worldwide population are some of the major factors influencing the market growth. Improving distribution channels, increasing technological advancements in manufacturing technology, recent advancements in protein powder manufacturing to promote health benefits, ever-increasing growth of the retail sector in developing economies, and changing consumer tastes and preferences will all contribute to market value growth.

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Key Takeaways from Market Study

• Because of the high prevalence of chronic diseases, North America is expected to dominate the market throughout the projection period. People are turning to dairy proteins such as poultry eggs and milk to meet their nutritional demands, consequently, whey protein concentrates are becoming more popular as well. The market is also growing due to the rising popularity of sports nutrition and weight control nutrition.
• Due to rising disposable income and the growing consumption of functional foods and dietary supplements in this region, Asia Pacific will have the greatest share of the market, accounting for roughly 38% of total revenue.
• Plant protein will grow at an average annual rate of 12.3 percent for the forecast period. The prompt availability of raw materials contributes to the ease with which they can be produced. The rise of the plant protein market has been fueled by the increased production of soy and other natural resources.
• When it comes to product type, the whey protein concentrates segment had the biggest market share. As compared to hydrolysates and isolates, the factors for our target segment’s stupendous growth can be linked to their ease of availability and manufacturing, as well as their reduced cost.
• “Recent advances in protein powder manufacturing to enhance health benefits such as fat loss and muscle gain present a profitable potential for market players throughout the forecast period.”says a lead analyst at Future Market Insights.

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Who is Winning?

Functional proteins are becoming a desirable product with increasing consumer income levels and associated economic development due to the health benefits associated with them, as well as the customers’ ability to afford them.

For example, pea protein was added to Cargill’s European ingredient portfolio in late 2020. Cargill was able to get entry to the pea protein market as a result of this product launch.

Some of the leading companies offering functional proteins are InVivo, Cargill, Roquette Frères, Omega Protein Corporation, DowDuPont, Amway, AMCO Proteins, Herbalife International Inc., and Abbott Nutrition.

Get More Valuable Insights

Future Market Insights, in its new offering, provides an unbiased analysis of the functional proteins market presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032.

The study divulges compelling insights on functional proteins based on product type (hydrolysates, whey protein concentrates, whey protein isolates, casein and caseinates, soy protein, and others), form (dry and liquid), source (animal {dairy, egg, and gelatin}, plant {soy, wheat, and vegetable}), application (food, beverages, dietary supplements, and animal nutrition), distribution channel (direct and indirect {pharmacy stores, e-retailers, specialty stores, and supermarkets}) across seven major regions of the world (North America, Latin America, Europe, East Asia, South Asia, Oceania, and MEA).

Frequently Asked Questions

• How much is the current worth of functional proteins market?
• At what CAGR is the market expected to grow?
• How was the performance in the last five years?
• What is the demand outlook forecast for the extruded snacks market?
• Who are the top 5 players operating in the market?
• How are market players reacting to the new developments in the market?
• Which are the major countries driving demand for extruded snacks?
• What outlook does Europe provide?
• At what rate will the U.S. extruded snacks market grow?
• At what level does the report reflect pricing analysis?

Download complimentary copy of Future Market Insights White Paper in collaboration with PBFIA, on the Plant Based Market that throws light on potential opportunities and investments made in the Global plant based market

About Future Market Insights (FMI)

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact: 

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According to a recent report by Future Market Insights, a market research and competitive intelligence provider, the global market for extruded snacks was anticipated to be worth USD 56.3 billion in 2022, rising to USD 74.2 billion by 2032, with a CAGR of 7.4% over the forecast period.

The market is very fragmented because there are so many small and large suppliers competing on quality, innovation, promotion, and distribution. Consumer buying patterns, local, regional, and national economic conditions, as well as demographic issues, all influence market players’ growth potential. Companies in the market are focusing on introducing innovative things to stay up with changing consumer demands since they face severe competition.

Extrusion is more efficient, less expensive, and requires fewer resources (energy, water, etc.) than many previous techniques. An extruded snacks machine or a processing line can process a variety of extruded snack products, making the approach particularly versatile. These qualities suggest that extrusion has a bright future ahead of it.

Increasing interest in healthy snacking and weight loss should boost the global market during the forecast period, providing an excellent incentive for extruded snack manufacturers to expand their manufacturing facilities. An increase in the number of young people and increased disposable incomes are also driving this sector’s growth.

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Key Takeaways from Market Study

• In the year 2022, the Extruded Snacks market in the United States is expected to be worth USD xx Bn. The demand for extruded snacks in the region is being driven by general snacking or nibbling during social situations. Consumers in the United States value the health benefits of such items because it is one of the fastest-growing markets for natural and organic healthy foods.
• Consumers in Japan prefer to consume homegrown and established foreign brands wherever possible, with a CAGR of 7%. As a result of the growing trend of hypermarkets and supermarkets in the region, access to such foods has become considerably easier, further bolstering adoption.
• Hypermarkets and supermarkets retained the greatest market share in the global extruded snack market in 2021. Extruded snacks from a range of brands are available in these supermarkets and hypermarkets. Because suppliers advertise in-store and cost comparisons are available, consumers prefer hypermarkets and supermarkets for their tasks.
• In the year 2021, the potatoes section will have a considerable proportion of the market for extruded snack goods. In response to shifting taste preferences, global businesses have been pushed to make customised region-specific spicy snacks, which is projected to stimulate demand for the product in the market.
• “Demand for plant-protein-based diets in developed countries will contribute the most to the market expansion. Extrusion brings new resources to the sector, ensuring its long-term viability as demand for seafood also rises. Extrusion is also expected to contribute to the reduction of world hunger, in accordance with the SDG goals.”says a lead analyst at Future Market Insights.

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Who is Winning?

Upsurge for weight loss and healthy eating is predicted to drive the global market for extruded snacks over the forecast period. Increasing demand for healthy snacking and weight loss should drive the global market during the forecast period, providing an excellent incentive for extruded snack manufacturers to expand their manufacturing facilities.

For example, PepsiCo acquired Bare Snacks, a nutritional snack manufacturing corporation, in 2018, with the intention of expanding its healthy snacks range. Calbee purchased Warnock Food Products, Inc. in 2019 to extend its market share in the United States and surrounding nations.

Some of the leading companies offering extruded snacks are Frito Lay Inc., ITC, Nestle, Kellogg’s, Calbee, Old Dutch Foods, Modalez International Inc, Universal Robina Corporation, and JFC International.

Get More Valuable Insights

Future Market Insights, in its new offering, provides an unbiased analysis of the extruded snacks market presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032.

Extruded Snack Market Report Scope

By Product Type:

• Breakfast cereal
• Bread
• Savory snacks
• Simply extruded snacks
• Expanded snacks
• Co-extruded snacks
• Textured Protein
• Extruded snacks pellets

By Extruder Type:

• Single Screw Extruders
• Twin Screw Extruders
• Contra Twin Screw Extruders

By Distribution Channel:

• Hypermarkets and Supermarkets
• Independent retailers
• Convenience stores
• E-commerce platforms

By Process:

• Cold Extrusion
• Hot Extrusion

By Raw Material:

• Wheat
• Potato
• Corn
• Rice
• Multigrain
• Oats
• Other raw materials ( meat, peas, fruits, pulses)

By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania

Frequently Asked Questions

• How much is the current worth of extruded snacks market?
• At what CAGR is the market expected to grow?
• How was the performance in the last five years?
• What is the demand outlook forecast for the extruded snacks market?
• Who are the top 5 players operating in the market?
• How are market players reacting to the new developments in the market?
• Which are the major countries driving demand for extruded snacks?
• What outlook does Europe provide?
• At what rate will the U.S. extruded snacks market grow?
• At what level does the report reflect pricing analysis?

Download complimentary copy of Future Market Insights White Paper in collaboration with PBFIA, on the Plant Based Market that throws light on potential opportunities and investments made in the Global plant based market

About Future Market Insights (FMI)

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact: 

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

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The global food glazing agents market size is expected to reach US$ 3.4 Bn by the end of 2030. According to a study by Future Market Insights (FMI), the market will show a steady rise at 4.5% CAGR between 2020 and 2030. According to the report, change in lifestyle and change in eating preferences have influenced the food glazing agents market to a large extent. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint.

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It includes in-depth insights into the food glazing agents market. Some of these are:

• The estimated value of the market was at US$ 2.1 Bn in 2020. Through the course of the report’s forecast period, the market is exhibited to show a steady pace of growth.
• The Asia Pacific food glazing agents market is largely driven by the processed meat industry in China and India.
• Focus on Organic and Vegan ingredient types will set the competition apart for the market players involved in the supply chain of food glazing agents market.
• Europe emerged as a leader in the food glazing agents industry.
• Confectionery segment has emerged as a dominant application.
• Key players are likely to focus on product innovations to stay relevant in developed markets.

Rising consumer interest towards the texture and appearance of foods and increasing demand for glazing agents in the food industry are likely to boost market demand in the forecast period,” said a lead analyst at FMI. 

Increased Consumption of Processed Food Will Boost Growth

Combined with increased consumption of processed food, the growth of the food additives industry primarily drives the global demand for food glazing agents. In addition, rising demand for organic and vegan products is expected to drive demand for food additives, which, in turn, would fuel the growth of the market for food glazing agents. Rising consumer preference towards texture and appearance owing to confectionery and bakery consumption particularly in China, India, and Brazil may drive the food glazing agents market in the mentioned countries.

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Who is Winning?

Some of the major players in the food glazing agents market, globally include Freudenberg Chemical Specialities SE & Co. KG, Mantrose-Haeuser Co., Inc., STEARINERIE DUBOIS, Royal Zeelandia Group BV, Masterol Foods, and Colorcon among others.

The players are expanding their geographical presence by acquiring or merging with the manufacturers in the foreign market. Expansion is the most preferred growth strategy followed by new product developments in the global food glazing market. Additionally, acquisitions and partnerships are the two other strategies, followed by the companies to strengthen their market dominance.

Get Valuable Insights into Food Glazing Agents Market

Ingredient Type

• Stearic acid
• Beeswax
• Carnauba wax
• Candelilla wax
• Shellac
• Paraffin wax
• Others (montan and lanolin wax)

Application

• Bakery
• Confectionery
• Processed meat
• Poultry & Fish
• Fruits & vegetables
• Functional foods
• Others (dairy products & convenience foods)

Ingredient Function

• Coating agents
• Surface finishing agents
• Firming agents
• Film agents
• Others (binding agents and stabilizing agents)

Region

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• MEA

Frequently Asked Questions

• What is the Growth Outlook for Food Glazing Agents Market?
• By 2032, how much can the Food Glazing Agents Market Grow?
• What is the Current Valuation of the Food Glazing Agents Market?
• Which Region is likely to Lead the Food Glazing Agents Market?

Download complimentary copy of Future Market Insights White Paper in collaboration with PBFIA, on the Plant Based Market that throws light on potential opportunities and investments made in the Global plant based market

About Future Market Insights (FMI)

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact: 

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

Browse latest Market Reports: https://www.futuremarketinsights.com/reports

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According to a recent report by Future Market Insights, a market research and competitive intelligence provider, the market for food amino acids was valued at USD 4.9 billion in 2017 and is expected to increase at a CAGR of 7.7% from 2018 to 2022, reaching USD 6.6 billion. In 2032, the global market for food amino acids is expected to be worth USD 11.6 billion.

Supplementing with amino acids can help you recover faster from exhaustion, increase your stamina and ability to focus, and lessen muscle discomfort. The use of amino acids in the treatment of metabolic diseases is also beneficial. As a result, manufacturers are putting more emphasis on expanding their amino acid manufacturing plants in order to keep up with the rising demands for amino acid supplements.

Because amino acids are mostly derived from plant-based natural resources, growing consumer demand for organic products may stimulate industry growth for amino acids. Soybean, corn, and wheat-based goods are widely used in food and beverage, infant formula, and nutraceutical industries due to the increased demand for naturally derived products.

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Key Takeaways from Market Study

• The UK food amino acid market is estimated to increase at a CAGR of 5.6 percent between 2022 and 2032. Improved demand for animal-derived items, a greater level of living, increased public awareness of meat safety and quality, and recent illness outbreaks in cattle have all contributed to the growth of the food amino acid industry.
• China has the greatest share in the Asia-Pacific region, accounting for 45 percent of total revenue in 2022. Because of the rise in consumer spending power as a result of China’s economic development, there has been a surge in demand for high-quality processed foods, which has boosted the demand for food amino acids.
• In 2022, glutamic acid had the largest market share, and it is expected to increase at a CAGR of 6.6 percent over the forecast period. This is due to an increase in the usage of food amino acids as a flavor enhancer in a wide range of foods and beverages, such as snacks, dressings, and soups.
• The infant formula segment will expand at a CAGR of 2.1 percent from 2022 to 2032. Because of their ease of absorption and high nutritional content, several amino acids are employed in the production of infant formula.
• “Customers are increasingly requesting items that do not modify calcium, vitamin, or mineral qualities. One of the greatest driving drivers for the market has been the ever-increasing usage of amino acids as supplements to increase metabolism and wellness in humans, as well as their application in cattle hormone synthesis.”says a lead analyst at Future Market Insights.

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Who is Winning?

Because of the health benefits provided by amino acids, the demand for amino acids for various nutraceuticals and dietary supplements is expected to drive the Food Amino Acids Market. The wide range of applications for amino acids such as glutamic acid, ranging from flavoring, preservation, nutritional component/building block of protein, to specialty ingredients such as aspartame, is expected to drive expansion.

For example, in 2021, Kemin Industries launched Toxfin Care in Europe, a unique solution aimed at preventing loss of efficiency and productivity by preserving animal organs and tissue from probable mycotoxins harm. Infected feed is a major concern in the livestock nutrition and health business; hence mycotoxin management is essential in every livestock diet. Kemin aims to boost the immune system, protecting poultry, pigs, and ruminants, from the not-so-obvious negative effects of mycotoxins.

Some of the leading companies offering food amino acids are Ajinomoto Co. Inc., Kyowa Hakko Kirin Co., Ltd., Sigma-Aldrich, Co. LLC., Kemin Industries, Prinova Group LLC., and Daesang Corporation.

Get More Valuable Insights

Future Market Insights, in its new offering, provides an unbiased analysis of the food amino acids market presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032.

The study divulges compelling insights on food amino acids based on type (lysine, glutamic acid, methionine, tryptophan, and others), source (plant-based, animal-based, and synthetic), application (nutraceuticals & dietary supplements, infant formula, food fortification, convenience food, and others), and distribution channel (direct and indirect {pharmacy stores, e-retailers, specialty stores, and supermarkets}) across seven major regions of the world (North America, Latin America, Europe, East Asia, South Asia, Oceania, and MEA).

Frequently Asked Questions

• How much is the current worth of the food amino acids market?
• At what CAGR is the market expected to grow?
• How was the performance in the last five years?
• What is the demand outlook forecast for the extruded snacks market?
• Who are the top 5 players operating in the market?
• How are market players reacting to the new developments in the market?
• Which are the major countries driving demand for food amino acids?
• What outlook does Europe provide?
• At what rate will the U.S. food amino acids market grow?
• At what level does the report reflect pricing analysis?

Download complimentary copy of Future Market Insights White Paper in collaboration with PBFIA, on the Plant Based Market that throws light on potential opportunities and investments made in the Global plant based market

About Future Market Insights (FMI)

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact: 

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

Browse latest Market Reports: https://www.futuremarketinsights.com/reports

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The estimated revenue generated from the global ready-to-drink shakes market is US$ 9 Bn in 2019, and is projected to reach US$ 16 Bn by 2028. The market is therefore projected to rise at a CAGR of ~6% between 2020 and 2028.

Globally, functional drinks are sought after for their high protein content and their demand is likely to rise steadily over the forecast period. A key factor resulting in increasing consumption of functional drinks is the increase in the consumer spending power, especially in developing nations. Ready-to-drink shakes which constitute a category of functional drinks are available in various flavours for retail sales in the global market. Some of these flavours are chocolate, banana, strawberry, among others. The global market of ready-to-drink shakes is analyzed on the basis of various flavours. These products are available for sale in different packaging forms, like bottles, tetra packs/cartons, and cans, which offers heightened convenience. Ready-to-drink shakes are meeting the current health and wellness demand in such a way that the drinks offer high protein amount with added specialty health ingredients.

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Key Takeaways from the Ready to Drink Shake Market Study

• Obesity is one of the strong issues faced by countries such as the U.S., Canada, Australia, U.K., etc. Ready-to-drink shakes are consumed as a meal replacement to achieve the weight management by restricting the calorie intake.
• Due to the increased prevalence of the diseases and subsequently rising trend of health and wellness, ready-to-drink shakes market is expected to witness positive growth over the forecast period.
• Ready-to-drink shakes are being increasingly opted by fitness enthusiasts and athletes, since it allows avoiding the hassle of the mixing of protein powder in the liquid of choice and also the wait.
• Although, ready-to-drink shakes promise excellent results for gym goers and fitness enthusiasts, the product is still in the introductory phase in developing economies and economies are in transition stage. Therefore, because of the premium nature of the product and its expensive price, the market penetration may get hindered in emerging countries.

“Ready-to-drink shakes market is expected to channel upwards due to the excellent marketing strategies of the key players in the global market, resulting in the positive growth in the emerging markets,” says the FMI analyst.

Easy Availability and Increasing Penetration of Manufacturers and Sellers of Ready-to-Drink Shakes to Positively Impact Growth

Due to the increase in the preference for e-commerce platforms for transaction and shopping, the market reach out of the ready-to-drink shakes is anticipated to increase in the developed and developing economies. The boom in the IT sector has led to the development of the various new and easy ways of the transactions and shopping across various domains. The food and beverage industry is also driven by the increased use of the e-commerce platforms, since consumers have top priority for convenience and ease of doing business. Likewise, e-commerce platforms have enthralled the potential buyers of ready-to-drink shakes due to the easy and increased availability of the products, even in remote areas. Ready-to-drink shakes sales across e-commerce platforms are anticipated to rise over the forecast period and likely to be one of the drivers of the market growth.

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Who is winning?

Some of the key players operating in the Ready to Drink Shake market are Nestlé S.A, Starbucks Corporation, PepsiCo Inc., Monster beverage Co., Lotte Chilsung Beverage Co., The Coca-Cola Company, The J.M Smucker Company, Bolthouse Farms, Inc., Arla Foods amba, Atkin Nutritionals Inc. and others.

• In 2017, Nestlé acquired an Oakland-based coffee roaster and retailer, ‘Blue Bottle Coffee, Inc.’, to expand its market in the region.
• In 2017, Nestlé expanded its ready to drink product range in Asia Pacific, majorly in India, Thailand, and Nigeria, by offering healthy on the go beverages for younger people, which included sugar reduced Nesquik and Milo Activ Go.

Get Valuable Insights into Ready to Drink Shake Market

Future Market Insights, in its new offering, brings to fore an unbiased analysis of the global ready-to-drink shakes market, presenting historical demand data (2014-2018) and forecast statistics for the period 2019-2028. The study divulges compelling insights on the ready-to-drink shakes market on the basis of nature (organic and conventional), packaging type (bottles, tetra packs/carton, and cans), flavour (chocolate, banana, strawberry, vanilla, and others), and distribution channel (supermarket/hypermarket, online retail, specialty stores, convenience stores, and other retail format) across six major regions.

Frequently Asked Questions

• How big is the Ready to Drink Shakes market?
• What is the anticipated market value of the Ready to Drink Shakes market by 2032 end?
• What is the Ready to Drink Shakes market outlook?
• Which region is expected to drive the demand for the Ready to Drink Shakes market?
• Who are the key players operating in the market?

Download complimentary copy of Future Market Insights White Paper in collaboration with PBFIA, on the Plant Based Market that throws light on potential opportunities and investments made in the Global plant based market

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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