Leading Ready to Drink Shakes Distribution Markets Databank
The Ready to Drink Shakes market was valued at $8,730.0 Million in 2020, and is projected to reach $17,165.7 Million by 2029 growing at a CAGR of 7.85% from 2021 to 2029. Supermarkets & Hypermarkets segment is expected to be the highest contributor to this market, with $5,490.8 Million in 2020, and is anticipated to reach $10,799.7 Million by 2029, registering a CAGR of 7.85%. Convenience Stores segment is anticipated to reach $3,975.6 Million by 2029 with the highest CAGR of 7.90%. Supermarkets & Hypermarkets and Convenience Stores segments collectively expected to account for about 86.0% share of the Ready to Drink Shakes market in 2020, with the former constituting around 62.9% share. Convenience Stores and Supermarkets & Hypermarkets segments are expected to witness significant growth rates at a CAGR of 7.90% and 7.85% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 86.0% in the overall Ready to Drink Shakes market in 2020, and is anticipated to reach 86.1% by 2029.
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