- Industry Size (2022)
- USD 9.5 Bn
- Forecast (2032)
- USD 16 Bn
- CAGR
- 4% to 5% (2022 to 2032)
Diet Shakes Market Outlook (2022-2032)
[250 Pages Report] The global diet shakes market reached nearly US$ 9 Bn in 2021. The sales of diet shakes are anticipated to reach US$ 9.5 by 2022, projecting growth at a CAGR of around 4% to 5% during the forecast period between 2022 and 2032.
On account of increasing research and development (R&D) activities for launching of novel lactose-free and less calorie products, the demand for diet shakes is estimated to surpass a valuation of about US$ 16 Bn by the end of 2032.
| Report Attribute | Details |
| Diet Shakes Market Registered Base Value (2021) | US$ 9 Billion |
| Diet Shakes Market Expected Value (2022) | US$ 9.5 Billion |
| Diet Shakes Market Anticipated Value (2032) | US$ 16 Billion |
| Diet Shakes Market Projected Growth Rate (2022-2032) | 4% to 5% CAGR |
Diet shakes are powdered dietary supplement products that assist in providing a balanced meal as they comprise of proteins, vitamins, carbohydrates, and minerals. These shakes are an excellent alternative to regular meals and are consumed for weight management & promote weight loss.
What are the Leading Governing Factors Favoring the Growth in the Global Diet Shakes Market?
With growing adoption of sundry lifestyles and increasing fast pace lifestyles, there is a significant rise in prevalence of obesity across the world. For instance, according to a study by the National Institute of Diabetes and Digestive and Kidney Diseases, nearly 42.4% of the population, or more than 2 in 5 people in the U.S. were reported to be suffering from obesity.
As diet shakes assist in reducing the hunger hormone, which further helps in weight reduction, owing to its appetite suppressant properties, increasing burden of overweight and obesity is projected to create high revenue generation opportunities in the global market.
Also, rising popularity of bottled energy drinks and growing celebrity endorsements along with increasing emphasis on providing attractive packaging are factors estimated to favor the sales of diet shakes in the forthcoming years.
Which are the Challenges Hindering the Sales of Diet Shakes in the Global Market?
Growing implementation of stringent standards and norms regarding dietary supplements and need for lengthy approvals by regulatory organizations such as the Food & Drug Administration are estimated to restrain the sales of diet shakes in the global market.
Increasing shift in customer inclination towards adoption of natural food products from artificial meal replacements products such as diet shakes is likely to further impeding the growth in the market.
What is the Demand Outlook for Diet Shakes in the South Asia Market?
South Asia is expected to account for a significant share in the global diet shakes market from 2022 to 2032, states Future Market Insights.
Due to the growing awareness regarding the ill effects of obesity and increasing consumer inclination towards a healthy lifestyle, demand for dietary supplements such as diet shakes is surging at a rapid pace, owing to their weight management properties.
Diet shakes assists in meeting the daily requirement of nutrients such as vitamins, proteins, carbohydrates, and minerals among the individuals with a hectic lifestyle and fulfilling the nutrition deficiencies in the aged population. Hence, growing fast pace lifestyle of people and rinsing aged population across Asia Pacific is projected to bolster the growth in the South Asia market.
Why is North America Emerging as a Highly Remunerative Diet Shakes Market?
As per a study by FMI, North America is anticipated to register robust growth in the global diet shakes market during the forecast period 2022-2032.
Leading players in the market are focusing on developing and launching novel innovative diet shakes that are rich in dietary fibers, herbs, antioxidants, food enzymes, and others to meet the growing demand for meal replacement products.
For instance, Isagenix, a U.S.-based multinational nutrition company, announced introducing a new range of food supplements and diet shakes through Blendhub’s platform. A multiplicity of such new product launches is estimated to augment the growth in the North America market.
Market Competition
Some of the leading players in the diet shakes market are Glanbia, Plc., 310 Nutrition, LLC, RSP Nutrition, IdealShape, LLC, Vega, Isagenix Worldwide, Inc., GNC Holdings Inc., Plexus Worldwide, Herbalife Nutrition, and others.
The market for diet shakes is highly competitive, due to increasing research and development activities for launching novel products and adoption of production capacity expansion strategies by leading companies.
Report Scope
|
Report Attribute |
Details |
|
Growth Rate |
CAGR of 4% to 5% from 2022 to 2032 |
|
Base Year for Estimation |
2021 |
|
Historical Data |
2015-2020 |
|
Forecast Period |
2022-2032 |
|
Quantitative Units |
Revenue in USD Billion, Volume in Kilotons and CAGR from 2022-2032 |
|
Report Coverage |
Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
|
Segments Covered |
|
|
Countries Covered |
|
|
Key Companies Profiled |
|
|
Customization |
Available Upon Request |
Key Segments Profiled in the Diet Shakes Market Survey
By Nature:
- Organic
- Conventional
By Flavor:
- Vanilla
- Chocolate
- Mango
- Strawberry
- Orange
- Cookies & Cream
By Sales Channel:
- Hypermarkets/ Supermarkets
- Convenience Stores
- Wholesalers
- Specialty Stores
- Online Retailers
- Others
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East and Africa
Frequently Asked Questions
What is the sales forecast for diet shakes in the global market until 2032?
FMI projects the sales of diet shakes in the market is expected to rise at 4% to 5% value CAGR by 2032
Which region is forecast to be the most lucrative for diet shakes market growth?
The global diet shakes market is expected to be dominated by the South Asia over forecast period 2022-2032.
Which are some leading diet shakes manufacturers?
Glanbia, Plc., 310 Nutrition, LLC, RSP Nutrition, IdealShape, LLC, Vega, Isagenix Worldwide, Inc., GNC Holdings Inc., Plexus Worldwide, Herbalife Nutrition, and others are some of the leading players in the prominent diet shakes market.
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Get PDFTable of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer’s
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Global Diet Shakes Market Analysis 2017-2021 and Forecast, 2022-2032
4.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Analysis, 2017-2021
4.2. Current and Future Market Size Value (US$ Mn) & Volume (Tons) Projections, 2022-2032
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Diet Shakes Market Analysis 2017-2021 and Forecast 2022-2032, By Type
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Mn) & Volume (Tons) Analysis By Type, 2017-2021
5.3. Current and Future Market Size Value (US$ Mn) & Volume (Tons) Analysis and Forecast By Type, 2022-2032
5.3.1. Organic Diet Shake
5.3.2. Conventional Diet Shake
5.4. Y-o-Y Growth Trend Analysis By Type, 2017-2021
5.5. Absolute $ Opportunity Analysis By Type, 2022-2032
6. Global Diet Shakes Market Analysis 2017-2021 and Forecast 2022-2032, By Application
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Mn) & Volume (Tons) Analysis By Application, 2017-2021
6.3. Current and Future Market Size Value (US$ Mn) & Volume (Tons) Analysis and Forecast By Application, 2022-2032
6.3.1. Supermarket
6.3.2. Speciality Store
6.3.3. Online Store
6.3.4. Others
6.4. Y-o-Y Growth Trend Analysis By Application, 2017-2021
6.5. Absolute $ Opportunity Analysis By Application, 2022-2032
7. Global Diet Shakes Market Analysis 2017-2021 and Forecast 2022-2032, By Region
7.1. Introduction
7.2. Historical Market Size Value (US$ Mn) & Volume (Tons) Analysis By Region, 2017-2021
7.3. Current Market Size Value (US$ Mn) & Volume (Tons) Analysis and Forecast By Region, 2022-2032
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. Middle East and Africa
7.4. Market Attractiveness Analysis By Region
8. North America Diet Shakes Market Analysis 2017-2021 and Forecast 2022-2032, By Country
8.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021
8.2. Market Size Value (US$ Mn) & Volume (Tons) Forecast By Market Taxonomy, 2022-2032
8.2.1. By Country
8.2.1.1. U.S.
8.2.1.2. Canada
8.2.2. By Type
8.2.3. By Application
8.3. Market Attractiveness Analysis
8.3.1. By Country
8.3.2. By Type
8.3.3. By Application
8.4. Key Takeaways
9. Latin America Diet Shakes Market Analysis 2017-2021 and Forecast 2022-2032, By Country
9.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021
9.2. Market Size Value (US$ Mn) & Volume (Tons) Forecast By Market Taxonomy, 2022-2032
9.2.1. By Country
9.2.1.1. Brazil
9.2.1.2. Mexico
9.2.1.3. Argentina
9.2.1.4. Chile
9.2.1.5. Peru
9.2.1.6. Rest of Latin America
9.2.2. By Type
9.2.3. By Application
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Type
9.3.3. By Application
9.4. Key Takeaways
10. Europe Diet Shakes Market Analysis 2017-2021 and Forecast 2022-2032, By Country
10.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021
10.2. Market Size Value (US$ Mn) & Volume (Tons) Forecast By Market Taxonomy, 2022-2032
10.2.1. By Country
10.2.1.1. Germany
10.2.1.2. Italy
10.2.1.3. France
10.2.1.4. U.K.
10.2.1.5. Spain
10.2.1.6. Russia
10.2.1.7. BENELUX
10.2.1.8. Rest of Europe
10.2.2. By Type
10.2.3. By Application
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Type
10.3.3. By Application
10.4. Key Takeaways
11. Asia Pacific Diet Shakes Market Analysis 2017-2021 and Forecast 2022-2032, By Country
11.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021
11.2. Market Size Value (US$ Mn) & Volume (Tons) Forecast By Market Taxonomy, 2022-2032
11.2.1. By Country
11.2.1.1. China
11.2.1.2. Japan
11.2.1.3. South Korea
11.2.1.4. Rest of Asia Pacific
11.2.2. By Type
11.2.3. By Application
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Type
11.3.3. By Application
11.4. Key Takeaways
12. Middle East and Africa Diet Shakes Market Analysis 2017-2021 and Forecast 2022-2032, By Country
12.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021
12.2. Market Size Value (US$ Mn) & Volume (Tons) Forecast By Market Taxonomy, 2022-2032
12.2.1. By Country
12.2.1.1. GCC Countries
12.2.1.2. South Africa
12.2.1.3. Turkey
12.2.1.4. Rest of Middle East and Africa
12.2.2. By Type
12.2.3. By Application
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Type
12.3.3. By Application
12.4. Key Takeaways
13. Key Countries Diet Shakes Market Analysis
13.1. U.S.
13.1.1. Pricing Analysis
13.1.2. Market Share Analysis, 2021
13.1.2.1. By Type
13.1.2.2. By Application
13.2. Canada
13.2.1. Pricing Analysis
13.2.2. Market Share Analysis, 2021
13.2.2.1. By Type
13.2.2.2. By Application
13.3. Brazil
13.3.1. Pricing Analysis
13.3.2. Market Share Analysis, 2021
13.3.2.1. By Type
13.3.2.2. By Application
13.4. Mexico
13.4.1. Pricing Analysis
13.4.2. Market Share Analysis, 2021
13.4.2.1. By Type
13.4.2.2. By Application
13.5. Argentina
13.5.1. Pricing Analysis
13.5.2. Market Share Analysis, 2021
13.5.2.1. By Type
13.5.2.2. By Application
13.6. Chile
13.6.1. Pricing Analysis
13.6.2. Market Share Analysis, 2021
13.6.2.1. By Type
13.6.2.2. By Application
13.7. Peru
13.7.1. Pricing Analysis
13.7.2. Market Share Analysis, 2021
13.7.2.1. By Type
13.7.2.2. By Application
13.8. Germany
13.8.1. Pricing Analysis
13.8.2. Market Share Analysis, 2021
13.8.2.1. By Type
13.8.2.2. By Application
13.9. Italy
13.9.1. Pricing Analysis
13.9.2. Market Share Analysis, 2021
13.9.2.1. By Type
13.9.2.2. By Application
13.10. France
13.10.1. Pricing Analysis
13.10.2. Market Share Analysis, 2021
13.10.2.1. By Type
13.10.2.2. By Application
13.11. U.K.
13.11.1. Pricing Analysis
13.11.2. Market Share Analysis, 2021
13.11.2.1. By Type
13.11.2.2. By Application
13.12. Spain
13.12.1. Pricing Analysis
13.12.2. Market Share Analysis, 2021
13.12.2.1. By Type
13.12.2.2. By Application
13.13. Russia
13.13.1. Pricing Analysis
13.13.2. Market Share Analysis, 2021
13.13.2.1. By Type
13.13.2.2. By Application
13.14. BENELUX
13.14.1. Pricing Analysis
13.14.2. Market Share Analysis, 2021
13.14.2.1. By Type
13.14.2.2. By Application
13.15. China
13.15.1. Pricing Analysis
13.15.2. Market Share Analysis, 2021
13.15.2.1. By Type
13.15.2.2. By Application
13.16. Japan
13.16.1. Pricing Analysis
13.16.2. Market Share Analysis, 2021
13.16.2.1. By Type
13.16.2.2. By Application
13.17. South Korea
13.17.1. Pricing Analysis
13.17.2. Market Share Analysis, 2021
13.17.2.1. By Type
13.17.2.2. By Application
13.18. GCC Countries
13.18.1. Pricing Analysis
13.18.2. Market Share Analysis, 2021
13.18.2.1. By Type
13.18.2.2. By Application
13.19. South Africa
13.19.1. Pricing Analysis
13.19.2. Market Share Analysis, 2021
13.19.2.1. By Type
13.19.2.2. By Application
13.20. Turkey
13.20.1. Pricing Analysis
13.20.2. Market Share Analysis, 2021
13.20.2.1. By Type
13.20.2.2. By Application
14. Market Structure Analysis
14.1. Competition Dashboard
14.2. Competition Benchmarking
14.3. Market Share Analysis of Top Players
14.3.1. By Regional
14.3.2. By Type
14.3.3. By Application
15. Competition Analysis
15.1. Competition Deep Dive
15.1.1. Glanbia
15.1.1.1. Overview
15.1.1.2. Product Portfolio
15.1.1.3. Profitability by Market Segments
15.1.1.4. Sales Footprint
15.1.1.5. Strategy Overview
15.1.1.5.1. Marketing Strategy
15.1.1.5.2. Product Strategy
15.1.1.5.3. Channel Strategy
15.1.2. 310 Nutrition
15.1.2.1. Overview
15.1.2.2. Product Portfolio
15.1.2.3. Profitability by Market Segments
15.1.2.4. Sales Footprint
15.1.2.5. Strategy Overview
15.1.2.5.1. Marketing Strategy
15.1.2.5.2. Product Strategy
15.1.2.5.3. Channel Strategy
15.1.3. RSP Nutrition
15.1.3.1. Overview
15.1.3.2. Product Portfolio
15.1.3.3. Profitability by Market Segments
15.1.3.4. Sales Footprint
15.1.3.5. Strategy Overview
15.1.3.5.1. Marketing Strategy
15.1.3.5.2. Product Strategy
15.1.3.5.3. Channel Strategy
15.1.4. Isagenix Worldwide
15.1.4.1. Overview
15.1.4.2. Product Portfolio
15.1.4.3. Profitability by Market Segments
15.1.4.4. Sales Footprint
15.1.4.5. Strategy Overview
15.1.4.5.1. Marketing Strategy
15.1.4.5.2. Product Strategy
15.1.4.5.3. Channel Strategy
15.1.5. GNC Holdings
15.1.5.1. Overview
15.1.5.2. Product Portfolio
15.1.5.3. Profitability by Market Segments
15.1.5.4. Sales Footprint
15.1.5.5. Strategy Overview
15.1.5.5.1. Marketing Strategy
15.1.5.5.2. Product Strategy
15.1.5.5.3. Channel Strategy
15.1.6. Plexus Worldwide
15.1.6.1. Overview
15.1.6.2. Product Portfolio
15.1.6.3. Profitability by Market Segments
15.1.6.4. Sales Footprint
15.1.6.5. Strategy Overview
15.1.6.5.1. Marketing Strategy
15.1.6.5.2. Product Strategy
15.1.6.5.3. Channel Strategy
15.1.7. Herbalife Nutrition
15.1.7.1. Overview
15.1.7.2. Product Portfolio
15.1.7.3. Profitability by Market Segments
15.1.7.4. Sales Footprint
15.1.7.5. Strategy Overview
15.1.7.5.1. Marketing Strategy
15.1.7.5.2. Product Strategy
15.1.7.5.3. Channel Strategy
16. Assumptions & Acronyms Used
17. Research Methodology
