RTD Protein Beverages Market Insights, Global Size, Share, Growth and Forecast to 2024
Research Reports
Jan 15, 2021
Market Analysis
RTD Protein Beverages are Ready-to-Drink Beverages with high Protein Content. Proteins are essential part of the human diet for which RTD protein beverages are also consumed as dietary supplements. It also speeds up the metabolism and aids in boosting energy in the human body. These proteins are sourced from Milk, Whey, Soy or other ingredients which are high in protein content.
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The global RTD protein beverages market has been segregated, by packaging type, into bottles, cans, cartons, and others. The bottles segment is expected to dominate the global RTD protein beverages market during the assessment period. Moreover, the bottles segment is expected to grow at the highest CAGR during the forecast period owing to its on-the-go convenience. The cans segment is also projected to grow at a substantial rate during the review period.
Key Players
Some of the key players in the Global RTD Protein Beverages Market,
- The Coca-Cola Company (US),
- Bolthouse Farms, Inc. (US),
- Iconic Protein (US) and
- Stonyfield Farm, Inc. (US)
- PepsiCo Inc. (US),
- Orgain, Inc. (US),
- CytoSport Inc. (US),
- Organic Valley (US),
- Abbott Nutrition (US),
- Kellogg Co. (US)
Industry Segment
The global RTD Protein Beverages Market has also been classified, by distribution channel, as store-based and non-store based; with store-based segment being subdivided to supermarkets & hypermarkets, convenience stores, and others. The store-based segment is expected to dominate the market wherein supermarkets & hypermarkets are expected to hold a prominent share.
Regional Analysis
The RTD Protein Beverages Market in Asia-Pacific is expected to grow rapidly due to the increasing adoption of healthy diets by the rising health-conscious population. Emerging markets such as China and India are projected to contribute to the growth of the regional RTD protein beverages market. Manufacturers are investing heavily in these markets with new product launches which is expected to surge the growth of the market during the forecast period.
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