RTD Protein Beverages Market Regional Outlook | Size, Share, Trend, Global Analysis and Key Players and Forecast 2023

Jun 7, 2019

RTD Protein Beverages Market Information by Source (Milk, Whey, Soy) Packaging Type (Bottles, Cans, Cartons) Distribution Channel (Store-Based, Non-store Based) and Region

pune, India - June 7, 2019 /MarketersMedia/ —

RTD Protein Beverages Market Research Report includes various topics like total Market Size, Key Market Drivers, Challenges, Growth Opportunities, Industry Share, Growth, Demand, Outlook etc. Furthermore, it covers key market updates, the impact of regulations and technological updates in. The report addresses the need to stay updated in this competitive market conditions and this provides and comprehensive data for making strategies and decision to stimulate the market growth and profitability

Market Overview
RTD protein beverages, also known as ready-to-drink protein beverages, are produced from ingredients that are high in protein such as whey, soy, milk, and peas. These RTD beverages offer the advantage of convenience and portability, which has magnified their demand among consumers. Further, proliferating awareness towards health is expected to drive the global RTD protein beverages market through the forecast period, according to a report that was published currently by Market Research Future (MRFR).

Competitive Analysis
The Global RTD Protein Beverages Market boasts a presence of many crucial market vendors including

• The Coca-Cola Company (US)
• Bolthouse Farms, Inc. (US)
• Stonyfield Farm, Inc. (US)
• Abbott Nutrition (US)
• Organic Valley (US)
• CytoSport Inc. (US)
• Iconic Protein (US)
• PepsiCo Inc. (US)
• Orgain, Inc. (US)
• Kellogg Co. (US)

The market giants in the global ready-to-drink protein beverages market are assessed to consistently launch new products and offer a wide range of options to their consumers. Moreover, suppliers of ingredients used in these beverages are investing graciously in the research and development to offer innovative solutions to these manufacturers. For instance, in 2016, Arla Foods launched a new ingredient solution, Nutrilac WheyHi, which aided manufacturers in creating RTD beverages with a longer shelf life in which 40% of proteins came from whey. Another aspect that has caught the attention of manufacturers includes innovative packaging systems for these RTD protein beverages, which play a crucial role in attracting consumers.

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Industry Update
April 2019: Arla Foods Ingredients has designed a new protein ingredient for sparkling protein water. The “Lacprodan HYDRO.Clear” is fat and sugar-free whey protein hydrolysate. It is a form of protein that gets absorbed more quickly in the gut. The protein ingredient, according to Arla Foods Ingredients, is lactose-free, low in energy, low in salt, and easy to flavor.

Market Segmentation
The global RTD protein beverages market is studied for segments based on source, packaging type, distribution channel, and region. On the basis of source, the global RTD protein beverages market is segmented into whey, milk, and soy. The whey segment accounted for the biggest share in 2017 and is estimated to ascend at a substantial rate through the forecast period. Whey protein is the preferred source of RTD protein beverages due to its high nutritional qualities, bland flavor, unique functionality in beverage systems, and ease of digestibility. Alternatively, the soy segment is estimated to augment at the fastest rate owing to the magnifying demand for dairy protein alternatives because of a rising number of lactose intolerant consumers.

Based on the packaging type, the ready-to-drink protein beverages market is segmented into cans, cartons, and bottles. The bottles segment is anticipated to spearhead the global RTD protein beverages market during the review period. Moreover, the bottles segment is assessed to witness the highest CAGR during the forecast period due to its on-the-go convenience. The cans segment is projected to witness exponential growth during the conjectured time period.

Based on the distribution channel, the global ready-to-drink protein beverages market is segmented into non-store-based and store-based. The store-based segment is sub-segmented into supermarkets & hypermarkets and convenience stores. The store-based segment is estimated to lead the global RTD protein beverages market. Within the store-based segment, the supermarkets & hypermarkets segment is anticipated to hold a principal share of the market. On the other hand, the convenience stores segment is estimated to register the highest CAGR.

Detailed Regional Analysis
The global RTD Protein Beverages Market is geographically segmented into North America, Asia Pacific (APAC), Europe, and Rest of the World (RoW). Among these regional segments, North America is estimated to dominate the global ready-to-drink protein beverages market. Such dictation over the market is attributable to the increased health consciousness population. Furthermore, an increasing number of gym-goers is intensifying the demand for functional beverages among the consumers residing in the region.

Asia Pacific is estimated to inflate at a fast pace during the forecast period. A rapid growth in this region can be accredited to the mushrooming adoption of healthy diets and a rising inclination towards healthy beverage alternatives by the health-conscious population. China and India are projected to pose as significant and emerging markets in the region. Manufacturers are observed to heavily invest in these markets with new product launches, which is estimated to push the regional ready-to-drink protein beverages market during the review period.

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Organization: market research future
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Website: https://www.marketresearchfuture.com/reports/rtd-protein-beverages-market-7217

Source URL: https://marketersmedia.com/rtd-protein-beverages-market-regional-outlook-size-share-trend-global-analysis-and-key-players-and-forecast-2023/521566

Source: MarketersMedia

Release ID: 521566

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