Packaged Milkshakes

Packaged Milkshakes

Global Packaged Milkshakes Market to Reach US$3.8 Billion by 2030

The global market for Packaged Milkshakes estimated at US$2.7 Billion in the year 2023, is expected to reach US$3.8 Billion by 2030, growing at a CAGR of 4.9% over the analysis period 2023-2030. Packaged Chocolate Milkshakes, one of the segments analyzed in the report, is expected to record a 6.3% CAGR and reach US$1.6 Billion by the end of the analysis period. Growth in the Packaged Vanilla Milkshakes segment is estimated at 4.7% CAGR over the analysis period.

The U.S. Market is Estimated at US$725.2 Million While China is Forecast to Grow at 8.7% CAGR

The Packaged Milkshakes market in the U.S. is estimated at US$725.2 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$888.6 Million by the year 2030 trailing a CAGR of 8.7% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 1.7% and 4.9% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 2.2% CAGR.

Global Packaged Milkshakes Market – Key Trends & Drivers Summarized

Why Are Packaged Milkshakes Becoming Popular in the Global Beverage Market?

Packaged milkshakes, pre-made and ready-to-drink beverages, have become increasingly popular in the global beverage market due to their convenience, indulgent taste, and growing appeal across all age groups. Traditionally a popular fast-food treat, milkshakes have found their way into the packaged beverage industry, offering a convenient solution for on-the-go consumers. Packaged milkshakes, available in various flavors such as chocolate, vanilla, and strawberry, cater to diverse consumer preferences and are often enriched with additional nutrients like protein, vitamins, and minerals. These beverages appeal to busy consumers who seek indulgent yet convenient options to satisfy their cravings, making them a staple in retail stores, convenience shops, and online marketplaces. The availability of single-serve formats and shelf-stable versions has further expanded the market, positioning packaged milkshakes as both a treat and a functional snack.

How Are Health Trends and Consumer Preferences Influencing Demand?

Despite their indulgent nature, packaged milkshakes are evolving to meet the growing health-conscious consumer base. Manufacturers are introducing low-sugar, low-fat, and even plant-based versions of milkshakes to cater to consumers who are mindful of their dietary choices. The rise of health and wellness trends has led to increased demand for milkshakes that are fortified with protein, vitamins, and other nutrients, transforming the beverage from a mere treat to a functional drink that offers additional health benefits. Consumers, particularly those leading active lifestyles, are opting for protein-enriched milkshakes as a post-workout recovery drink, while others prefer low-sugar or dairy-free versions that align with their health goals or dietary restrictions. These trends have diversified the market, creating opportunities for manufacturers to develop healthier alternatives without sacrificing the indulgent flavor and creamy texture that make milkshakes so appealing.

How Are Innovation and Packaging Advancing the Market for Packaged Milkshakes?

Product innovation and advances in packaging technology are key drivers behind the growth of the packaged milkshakes market. Manufacturers are continuously experimenting with new flavors, including seasonal or limited-edition varieties, to attract consumers looking for unique taste experiences. In addition, the growing demand for lactose-free and plant-based beverages has prompted the introduction of dairy alternatives like almond, oat, and soy-based milkshakes. Innovations in packaging, such as resealable bottles, eco-friendly materials, and portion-controlled formats, have enhanced the convenience and sustainability of these products. Moreover, advances in aseptic packaging technology have allowed for the production of shelf-stable milkshakes that do not require refrigeration, thus broadening their availability in markets where cold-chain logistics may not be as robust. These innovations have allowed manufacturers to target a wider audience, from health-conscious consumers to those simply seeking indulgent, on-the-go beverages.

What Is Driving Growth in the Packaged Milkshakes Market?

The growth in the packaged milkshakes market is driven by several factors. The increasing demand for convenience and ready-to-drink beverages has played a major role in boosting the popularity of packaged milkshakes, especially among busy consumers seeking quick meal or snack solutions. Advances in packaging technology, such as aseptic packaging and eco-friendly materials, have enabled manufacturers to extend the shelf life of milkshakes while also addressing environmental concerns, making these products more attractive to a wide audience. Furthermore, the rise of health-conscious consumers has led to innovations in low-sugar, high-protein, and plant-based milkshake varieties, creating new opportunities for growth. The expansion of distribution channels, including e-commerce and grocery delivery platforms, has also made it easier for consumers to access packaged milkshakes, contributing to market expansion. As manufacturers continue to cater to evolving consumer tastes and preferences with innovative flavors, healthier options, and sustainable packaging, the packaged milkshake market is expected to maintain its upward trajectory.

Select Competitors (Total 22 Featured) -

• FrontLogic.com
• Good Deed USA, Inc.
• Gourmet Daily Inc.
• Groupe Danone
• Nestle S.A.
• SKM Management

Please note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

The latest version of Adobe Acrobat Reader is required to view the report. Upon ordering an electronic version, the Publisher will provide a link to download the purchased report.

Prior to fulfillment of an order, the client will be required to sign a document detailing the purchase terms for a publication from this publisher.