Market Definition: RTD Protein Beverages Market
Global RTD Protein Beverages Market is expected to grow at a CAGR of 5.37% in the forecast period of 2019-2026. Improving lifestyle and health awareness among consumers is the major factor for the growth of this market.
RTD protein beverages are ready to drink beverages which usually have high protein content and are consumed as dietary supplements. Protein is a very important content for body builders and athletes. They usually boost the metabolism and provide energy to the human body. Milk, whey, soy etc. are some of the protein high content. RTD beverages usually have high nutritional qualities, bland flavor, ease of digestibility, and unique functionality.
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Key Market Competitors: RTD Protein Beverages Market
Few of the major competitors are Abbott., CSC BRANDS, L.P, Glanbia plc, Kellogg NA Co., PepsiCo, THE COCA-COLA COMPANY, Hebei Yangyuan ZhiHui Beverage Co Ltd, Hebei Chengde Lolo, Muscle Pharm, PREMIER NUTRITION CORPORATION & WORLDPANTRY.COM, Clif Bar & Company.
This market report is made out of a bunch of elements that have an effect available and incorporate industry insight and critical achievement factors (CSFs), market segmentation and esteem chain investigation, industry dynamics, market drivers, market limitations, key opportunities, innovation and application standpoint, nation level and regional analysis, competitive landscape, organization market share analysis and key organization profiles. The market report defines CAGR value fluctuation during the forecast period of 2018-2026 for the market.
Major Market Drivers & Restraints are as follows:
- Easy availability of the product is driving the growth of this market.
- Growing demand for plant-based RTD protein beverages is the major factor driving the growth of the market.
- Excessive protein beverages can cause health problems like weight gain, high blood cholesterol, elevated heart disease risk and kidney complications which is the major factor restraining the growth.
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Market Segmentation: RTD Protein Beverages Market
- By Materials
- By Source
- Animal Based
- Plant Based
- By Distribution Channel
- Online Store
- Direct to Customers
- By Application
- Sports Nutrition
- Functional Nutrition
- By Geography
- North America
- South America
- Rest of South America
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Global RTD protein beverages market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of RTD protein beverages market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
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