The Latin America, Middle East and Africa Packaged Milkshakes Market would witness market growth of 9.3% CAGR during the forecast period (2023-2030).
Milkshakes are not only delicious but also versatile. They come in a plethora of flavors, ranging from traditional choices like vanilla, chocolate, and strawberry to creative combinations featuring fruits, nuts, candies, and more. This variety caters to diverse taste preferences and allows consumers to explore new flavors. Milkshakes are also known for their cooling and refreshing qualities. In hot weather, a cold milkshake can provide relief and refreshment, making it a popular choice for beating the heat. Moreover, milkshakes offer versatility in terms of customization. Consumers can adjust the ingredients to suit their dietary preferences, whether they prefer a lighter, low-fat option or a more indulgent, creamy shake. This adaptability ensures that milkshakes can fit into a variety of dietary plans and lifestyles.
The demand is also being driven by an increase in demand for milkshakes resulting from the growing trend of eating more probiotic beverages, which are packed with healthy elements, for breakfast. The market has changed significantly as a result of rising health-conscious consumers. Milkshakes with a lot of useful ingredients are said to be beneficial for the skin, boost energy, strengthen the immune system, and promote general well-being.
Urbanization and changing lifestyles in many parts of the region have increased busy, on-the-go consumers. Packaged milkshakes are easy to carry, require no preparation, and are available in single-serving containers, making them convenient for individuals with hectic schedules. Whether during commutes, outdoor activities or as a quick snack, packaged milkshakes fit into the fast-paced lifestyle of many LAMEA residents. These factors collectively make packaged milkshakes a popular and sought-after beverage choice in LAMEA, catering to consumers' diverse tastes and lifestyles across the region.
The Brazil market dominated the LAMEA Packaged Milkshakes Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $7,717.1 Thousand by 2030. The Argentina market is showcasing a CAGR of 9.9% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 9% during (2023 - 2030).
Based on Packaging Material, the market is segmented into Paper, Plastic, Glass, and Tin. Based on Flavor, the market is segmented into Chocolate, Vanilla, Strawberry, Others, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include 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.
Milkshakes are not only delicious but also versatile. They come in a plethora of flavors, ranging from traditional choices like vanilla, chocolate, and strawberry to creative combinations featuring fruits, nuts, candies, and more. This variety caters to diverse taste preferences and allows consumers to explore new flavors. Milkshakes are also known for their cooling and refreshing qualities. In hot weather, a cold milkshake can provide relief and refreshment, making it a popular choice for beating the heat. Moreover, milkshakes offer versatility in terms of customization. Consumers can adjust the ingredients to suit their dietary preferences, whether they prefer a lighter, low-fat option or a more indulgent, creamy shake. This adaptability ensures that milkshakes can fit into a variety of dietary plans and lifestyles.
The demand is also being driven by an increase in demand for milkshakes resulting from the growing trend of eating more probiotic beverages, which are packed with healthy elements, for breakfast. The market has changed significantly as a result of rising health-conscious consumers. Milkshakes with a lot of useful ingredients are said to be beneficial for the skin, boost energy, strengthen the immune system, and promote general well-being.
Urbanization and changing lifestyles in many parts of the region have increased busy, on-the-go consumers. Packaged milkshakes are easy to carry, require no preparation, and are available in single-serving containers, making them convenient for individuals with hectic schedules. Whether during commutes, outdoor activities or as a quick snack, packaged milkshakes fit into the fast-paced lifestyle of many LAMEA residents. These factors collectively make packaged milkshakes a popular and sought-after beverage choice in LAMEA, catering to consumers' diverse tastes and lifestyles across the region.
The Brazil market dominated the LAMEA Packaged Milkshakes Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $7,717.1 Thousand by 2030. The Argentina market is showcasing a CAGR of 9.9% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 9% during (2023 - 2030).
Based on Packaging Material, the market is segmented into Paper, Plastic, Glass, and Tin. Based on Flavor, the market is segmented into Chocolate, Vanilla, Strawberry, Others, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include 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.
Scope of the Study
Market Segments Covered in the Report:
By Packaging Material- Paper
- Plastic
- Glass
- Tin
- Chocolate
- Vanilla
- Strawberry
- Others
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- 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
- Dairy Farmers of America, Inc.
Unique Offerings
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. LAMEA Packaged Milkshakes Market, by Packaging Material
Chapter 5. LAMEA Packaged Milkshakes Market, by Flavor
Chapter 6. LAMEA Packaged Milkshakes Market, by Country
Chapter 7. Company Profiles
Companies Mentioned
- 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
- Dairy Farmers of America, Inc.
Methodology
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