The global packaged milkshake market is estimated to be worth USD 2,073.2 million in 2025. It is projected to reach a value of USD 3,965.4 million by 2035, expanding at a CAGR of 6.7% over the assessment period of 2025 to 2035. An increasing number of people want convenient, partially or fully premixed dairy beverages.
The industry is mainly growing because of the alterations in food habits, interests in health issues, and the increasing proportion of people looking for drinks rich in nutrients that can be taken away. As for the competition, steps taken in areas such as flavoring, packaging, and functional ingredients where companies have introduced impressive new variants have been influential in the industry expansion.
There are several obstacles, with the industry experiencing challenges that are comprised of fluctuations in raw material prices, stringent food safety regulations, and uncertainties related to the sugar levels of the milkshake. More so, the growing plant-based and dairy-free alternatives trend is also a competitor to the usual dairy milkshakes moms are made of, making it obligatory for the producers to consider low-fat, lactose-free, and protein-enriched varieties.
With the growing demand for milkshakes that are both fortified and functional and that have health benefits like high protein, vitamin enhancement, or probiotics are some of the opportunities that the industry has to offer. The growth of e-commerce and online grocery delivery is increasing the reach of milkshakes, especially in densely populated urban street markets where the convenience of purchasing is a chief driver.
Several trends are sequentially solving the problems, such as the increasing consumption of plant milkshakes made from almond, oat, soy, and coconut milk in the vegan and lactose-intolerant population. The trend of premiumization is also significant, as is the case with brands that use rich, exotic flavors and unique gourmet ingredients in artisanal branding.
Also, the introduction of smart packaging technology, like the visualization of the type of products being purchased and communication with customers, has been a serious plus to the buying experience. The consumer interest in healthier, more inventively made, and easier-to-use liquid dairy goods remains the key to growth in the future. Firms that prioritize product setup differences, straightforward labeling with no unwanted ingredients, and the adoption of resource-friendly packaging techniques are more likely to reap the profits of changing customer preferences.
| Attributes | Description |
|---|---|
| Estimated Packaged Milkshake Business Size (2025E) | USD 2,073.2 Million |
| Projected Packaged Milkshake Business Value (2035F) | USD 3,965.4 Million |
| Value-based CAGR (2025 to 2035) | 6.7% |
The packaged milkshake sector is mainly growing at a high speed due to a plethora of reasons, including the surge in consumer demand for ready-to-drink dairy beverages. Shoppers favor their drinks packed in convenient, portable containers that come cheap and are environmentally friendly. A very low-price trend is dominant, and consumers are persuaded by special deals as well as a brand image about the price.
Foodservice players like restaurants and cafés look for innovative packaging that preserves the product's freshness and storage convenience. Price becomes secondary for this segment as consistency in taste and quality is given more importance.
Institutional customers like schools and hospitals are concerned with nutritional value and regulatory requirements and balance cost-effectiveness. ecommerce is emerging as a crucial distribution channel, with increasing consumer demand for doorstep delivery and subscription-based purchases. Consumers in this segment stress secure packaging, extended shelf life, and premium flavors.
Globally, there was a high growth from 2020 to 2024 due to the growing consumer-fueled need for ready-to-drink (RTD) beverages and treated dairy products. Traditional chocolate, vanilla, and strawberry flavors held sway, as low-sugar and fortified milkshakes appealed to health-focused consumers.
Innovations in packaging such as PET bottles, tetra packs, and single-serve packets have enhanced convenience and shelf life, pushing the industry further. Off-trade sales through supermarkets, convenience stores, and internet channels have increased, supported by the pandemic-driven boost in long-shelf-life dairy products. Premium and flavored milkshakes have gained an increased preference in the urban industry, whereas international dairy companies have ventured into collaborations with fitness industries to support protein-fortified variants.
2025 to 2035 is predicted to experience long-term growth through health, flavor, and ingredient innovation. Probiotic-laced functional milkshakes, superfoods, and plant-based versions will push it more toward the mainstream. The demand for lactose-free, protein-rich, and vegan alternatives will be in tandem with the diet and the fitness regimen. There will be a strong interest in sustainability from the customer perspective, with biodegradable packaging and AI personalization for individual nutritional needs.
The growth of direct-to-consumer channels, vending machine penetration, and intelligent labeling technologies will redefine dynamics. The increase will be driven by emerging industries, with brands introducing affordable versions and local flavor versions to tap new consumers.
A Comparative Market Shift Analysis (2020 to 2024 vs. 2025 to 2035)
| 2020 to 2024 | 2025 to 2035 |
|---|---|
| Growing demand for ready-to-drink (RTD) beverages and indulgent dairy foods. | Launch of plant-based and functional milkshakes with supplements. |
| Demand for traditional flavors such as chocolate, vanilla, and strawberry. | Increasing demand for future flavors, protein-based and lactose-free. |
| Usage of PET bottles, tetra packs, and single-serve packs. | Rise of biodegradable packs and intelligent labeling for freshness monitoring. |
| Expansion of supermarkets, convenience stores, and online grocery shopping. | More emphasis on e-commerce, direct-to-consumer sales, and vending machine presence. |
| Launch of low-sugar and fortified milkshakes targeting health-oriented consumers. | Introduction of probiotic and plant-based variants with functional value. |
| Rise in demand for long-shelf-life dairy products and home-drinking beverages. | Shift towards personalized nutrition and sustainable dairy sourcing. |
| Urbanization with a move towards premium and flavored milkshakes. | Encroachment into emerging markets with price points and local flavoring modifications. |
| Increase in dairy brand and fitness industry partnerships. | Personalization driven by AI for flavor and dietary needs. |
The packaged milkshake industry is experiencing substantial growth primarily because of the rapidly developing demand for ready-to-drink (RTD) beverages, a significant transformation in lifestyles adopted by consumers, and magnificent innovations in flavors and formulations. Nevertheless, the sector has to deal with supply chain disruptions, regulatory health concerns, price volatility, and negative sustainability issues that may hinder its growth path.
Health issues that stem from sugar levels and artificial ingredients have the possibility of making health-conscious people stay away from these kinds of products. Knowledge of obesity, diabetes, and lactose intolerance is what has been the driving factor for people to demand less sugar, plant-based, and fortified milkshakes. Instead of just plant-based ingredients, companies need to find ways of adding extra health benefits besides reducing sugar to satisfy consumers who are always changing their preferences.
The increased price fluctuations in dairy and packaging materials have bad effects on the profit margins. Occasional swings in the costs of milk, supply chains, and power are liable for the increase in production costs, thus making price stability an ongoing dilemma.
Environmental awareness is pivoting the debates toward both the problem of packaging plastic waste and the issue of a carbon footprint. The community, as well as the state, is under pressure to come up with biodegradable, recyclable, or reusable packaging techniques. Environmental spending on materials, sustainable sourcing, and carbon reduction strategies not only helps with the brand image but also with regulation compliance.
| Countries | CAGR (2025 to 2035) |
|---|---|
| USA | 6.5% |
| UK | 5.5% |
| France | 5.2% |
| Germany | 5.8% |
| Italy | 4.9% |
| South Korea | 6.0% |
| Japan | 4.5% |
| China | 7.2% |
| Australia | 5.3% |
| New Zealand | 5.1% |
The United States is expected to grow at a CAGR of 6.5% in the period 2025 to 2035, driven by rising demand for plant-based, low-calorie, and high-protein milkshakes. Consumers also give importance to both health benefits and indulgence, and hence manufacturers are launching fortified products by adding vitamins, probiotics, and functional proteins.
The shift towards dairy alternatives, including almond and oat milk-based shakes, is also influencing the dynamics. Direct-to-consumer and online retail channels are gaining prominence, enabling the brands to capitalize on a larger volume base. Premiumization trends are also apparent, with clean-label and organic, grass-fed milk-based and dairy-based products becoming increasingly popular among health-conscious consumers.
The United Kingdom is projected to grow in the forecast period at a CAGR of 5.5%. Growth is being driven by the increasing consumer demand for milk-based and dairy-based beverages that have typical taste and functional attributes. Consumers in Britain are also seeking lower-sugar and lactose-free milkshakes, driving product proliferation for manufacturers.
Convenience plays a central role in purchasing behavior, driving innovations in on-the-go packaging, such as resealable bottles and controlled portion packs. The expansion of UK café culture also fuels demand, as milkshakes become more prominent in specialist coffee houses and fast-casual chains.
France is projected to expand at a CAGR of 5.2% during the period 2025 to 2035. The robust dairy sector in France, with a good reputation for excellent milk production, is significantly contributing to the development of this segment. French consumers are opting for high-end and artisanal milkshake flavors using natural products such as organic milk and fresh fruit purees.
The demand for plant-based milkshakes is on the rise, with soy, almond, and hazelnut being increasingly popular. Sugar control and clean-label openness in French regulations are also putting pressure on manufacturers to create healthier options while sustaining thick and creamy textures.
Germany is also predicted to record a CAGR of 5.8% during the period 2025 to 2035, spurred by a population that is health-conscious and in search of high-protein, functional dairy drinks. It is more sought after for gut-friendly and lactose-free milkshakes, and therefore, manufacturers are incorporating probiotics and digestive enzymes into their offerings.
Sustainable packaging is also a priority in the German market, with a focus on biodegradable bottles and lower plastic use. The high incidence of private-label supermarkets is increasing competition, hence driving product and price innovation.
Italy is expected to grow at a CAGR of 4.9% over the next decade. Italians have a well-developed culture of dairy consumption and like fresh, natural ingredients. Locally produced and artisanal milkshake flavors are gaining popularity, particularly those containing Mediterranean ingredients like pistachio, fig, and espresso.
The industry is also witnessing increasing demand for functional milkshakes with calcium and vitamin D being incorporated in them to appeal to aging consumers who are health-conscious about bone health. The growth of refrigerated grab-and-go areas in supermarkets is driving visibility and sales of premium packaged milkshakes.
The South Korean market for packaged milkshakes is projected to grow at a CAGR of 6.0% during 2025 to 2035. The established café culture in South Korea has largely driven demand for fresh, trendy, and attractive milkshake products. Trendy and seasonal flavors like black sesame, green tea, and sweet potato are popular among Korean consumers.
Functional benefits, such as collagen and beauty milkshakes, are also increasing among young consumers. Higher usage of packaged milkshakes in convenience stores and online-oriented grocery portals is driving higher penetration of packaged milkshakes, thus further boosting growth.
Japan will register a 4.5% CAGR during the forecasting period. Customers in Japan emphasize quality, straightforwardness of content of ingredients, and uniqueness of matcha, azuki bean, and yuzu flavors during decision-making regarding packaged milkshakes. There is a transition towards plant-based, dairy-free alternative milkshakes, especially soy milk and rice milk-based ones.
Packaging innovation is a significant driver, with an emphasis on convenient resealable packs for an active, on-the-move lifestyle. Moreover, the growth of vending machine distribution channels of packaged drinks, such as milkshakes, is contributing to increased urban regional sales.
China is likely to register a CAGR of 7.2% during 2025 to 2035, and this is the highest growth rate compared to other countries. Rapid urbanization, shifting food habits, and rising disposable incomes are driving this growth. Chinese consumers are being drawn to Western-style dairy beverages by global trends, and hence regional flavors such as red bean, taro, and durian have been introduced.
The growth in e-commerce and direct-to-consumer platforms has greatly contributed to market penetration across rural and urban markets. Further, government promotion of dairy consumption for health benefits is also enhancing market growth.
Australia is predicted to register a CAGR of 5.3% during the forecast period. The growth in demand for protein-enriched dairy drinks among health-driven consumers is one of the main drivers of growth. Natural and organic food products are the preference of Australians, therefore propelling demand for additive-free and clean-label milkshakes.
The country's strong dairy industry allows domestic manufacturers to position high-quality fresh milk as a unique selling point. Furthermore, the growing presence of specialty cafés and smoothie bars is compelling firms to launch gourmet and barista-style milkshakes to target premium-end consumers.
New Zealand is likely to record a CAGR of 5.1% from 2025 to 2035. Since New Zealand is one of the world leaders in the production of dairy and dairy products, the country boasts an affluent supply chain of high-quality milk-based products. Individuals are gravitating towards grass-fed and organic milkshakes produced using dairy milk, which are sold on the strength of being richer in terms of nutrition.
The trend of sustainable and ethical consumption is propelling the application of eco-friendly packaging among manufacturers. Protein-fortified milkshakes are also becoming popular among health enthusiasts, fitness sportspeople, and other sportspeople as an easy mode of nutrition.
| Segment | Value Share (2025) |
|---|---|
| Chocolate (By Flavor) | 42% |
In 2025, the chocolate flavor will dominate the packaged milkshake market, accounting for 42% of the revenue share, while vanilla will hold a 28% share.
The chocolate-flavored milkshake will always tend to be the most popular amongst consumers because of its rich, indulgent flavor that specifically caters to many different age groups. The universal appeal of chocolate flavor cannot be avoided. Therefore, firms such as Nestlé, Hershey's, and Friesland Campina have been marketing chocolate-flavored milkshake products with wide appeal across all geographic locations.
Companies make different types of chocolate milkshakes, from standard and high-end chocolate to exotic chocolate flavors such as dark chocolate or fudge. A significant volume of chocolate milkshake demand results from consumer knowledge and nostalgia, and thus, chocolate has been a long-standing favorite in retail and food service channels. Additionally, the indulgent treat trend and growing acceptance of dessert-like beverages serve to reinforce chocolate as the favorite flavor.
Meanwhile, vanilla-flavored milkshakes, with a 28% share, remain the classic choice for a consumer looking for something milder and more neutral. Vanilla helps formulate a milkshake mix and can complement an array of other flavors like strawberry or coffee, allowing a lot of versatility for manufacturers.
Big Players like Dairy Farmers of America, Arla Foods, and Danone sell vanilla shakes in all shapes and sizes, from individual bottles to family units. Vanilla is successful because it appeals to a wide range of consumers from childhood to adulthood and accommodates many varied dietary needs, i.e., lactose-free or reduced-sugar diets.
| Segment | Value Share (2025) |
|---|---|
| Plastic-based (By Packaging Material) | 55% |
By 2025, the plastic packaging material segment will hold a 55% share, and paper packaging will command a 20% share.
Plastic packaging remains the prevailing material since it is cost-effective, durable, and flexible. Plastic is largely used for milkshakes and other drink packaging because it is light, leak-resistant, and easy to carry around while drinking. Plastic packaging is the leading one used by companies like Coca-Cola, PepsiCo, and Nestlé for their ready-to-drink milkshake packaged foods and multi-packs.
Its ability to preserve the freshness and purity of the product, its ready transportability, and its extensive shelf life give it a liking among manufacturers. Plastic packaging is easy to mold into different shapes and sizes; hence, it is handy when it comes to branding and customer touch. Growing concern for environmental sustainability, however, has raised controversy over reducing the use of plastic, and hence, the industry has begun shifting gradually towards more eco-friendly alternatives.
Paper packaging does not have much of a share in the market and will hold only a 20% share in 2025. The environmental considerations give a good image for paper packaging. Of course, durability and water resistance will cause problems in the case of liquid products such as milkshake fillers. However, companies are seeking new ways to use paper-based materials in packages, especially as the biodegradable, recyclable, or compostable nature of paper packaging increases.
Other companies, like Tetra Pak, have led the way in the use of paperboard in beverage cartons. While it isn't used for milkshakes on a widespread scale, it is a developing trend in the beverage marketplace, particularly for products positioned as environmentally friendly.
There is competitive pressure as the key dairy and beverage companies look to widen their product portfolios to meet the changing tastes of the consumer. The major players include Nestlé, Danone, Arla Foods, The Hershey Company, and Müller Group. They draw on their brand equity, wide distribution network, and constant product innovation to establish themselves in the industry.
Flavor innovation and nutritional enhancement dictate competitive strategies. Introducing healthier options- high-protein, low-sugar, and lactose-free milkshakes- to woo health-conscious consumers while also indulging flavors for youth appeal are key offerings in competing strategies. For example, Nesquik by Nestlé and Milkshake by Hershey cover a spectrum of classic and trendy flavors. At the same time, Danone advertises its milkshake with functional benefits in mind, namely probiotics and fortified nutrients.
Sustainability and packaging advancements are key differentiators. Leading brands are increasingly investing in recyclable as well as eco-friendly packaging, with Arla Foods shifting toward sustainable material sourcing. Additionally, brands are capitalizing on the growth of on-the-go consumption trends, launching smaller, travel-friendly pack sizes and resealable bottles.
Distribution and branding strategies are equally important in competition. Businesses are increasing distribution across e-commerce, supermarkets, and convenience stores while partnering with foodservice operators to enhance brand recognition. With the strategic acquisition and regional expansion, the dynamics become increasingly competitive, making innovation and differentiation critical for the long-term growth of this highly competitive segment.
Market Share Analysis by Company
| Company Name | Estimated Market Share (%) |
|---|---|
| Nestlé S.A. | 20-24% |
| Danone S.A. | 15-19% |
| The Hershey Company | 10-14% |
| Arla Foods amba | 8-12% |
| Müller Group | 6-10% |
| Other Companies (Combined) | 30-40% |
| Company Name | Key Offerings/Activities |
|---|---|
| Nestlé S.A. | Enhancing Nesquik and Milo milkshake lines with options that are rich in protein as well as low in sugar. |
| Danone S.A. | Innovating with probiotic-rich dairy and plant-based milkshakes under the Actimel and Silk brands. |
| The Hershey Company | Fortifying an indulgent milkshake portfolio with flavors infused with chocolate. |
| Arla Foods amba | Going in the direction of sustainable dairy sourcing and recyclable packaging. |
| Müller Group | Investing in high-protein as well as functional dairy-based milkshakes. |
Key Company Insights
Nestlé S.A. (20-24%)
Key leader with excellent brand visibility and a variety of product lines. They focus on functional dairy beverages.
Danone S.A. (15-19%)
Differentiates itself with innovations concentrated on health, particularly probiotic and plant-based dairy beverages.
The Hershey Company (10-14%)
Makes use of brand loyalty and indulgent flavor propositions to bolster its position within the chocolate milkshake category.
Arla Foods amba (8-12%)
Has sustainability and dairy quality as main priorities, with the focus on premium and organic segments.
Müller Group (6-10%)
Furthering the expansion of functional and high-protein dairy drinks in line with fitness and wellness trends.
Other Key Players (30-40% Combined)
The segmentation is into chocolate, vanilla, strawberry, and others.
The segmentation is into glass, tin, paper, and plastic.
The segmentation is into North America, Latin America, Europe, the Middle East and Africa, East Asia, South Asia, and Oceania.
Table 1: Global Market Value (US$ Million) Forecast by Region, 2018 to 2033
Table 2: Global Market Volume (Litres) Forecast by Region, 2018 to 2033
Table 3: Global Market Value (US$ Million) Forecast by Flavor, 2018 to 2033
Table 4: Global Market Volume (Litres) Forecast by Flavor, 2018 to 2033
Table 5: Global Market Value (US$ Million) Forecast by Packaging Material, 2018 to 2033
Table 6: Global Market Volume (Litres) Forecast by Packaging Material, 2018 to 2033
Table 7: North America Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 8: North America Market Volume (Litres) Forecast by Country, 2018 to 2033
Table 9: North America Market Value (US$ Million) Forecast by Flavor, 2018 to 2033
Table 10: North America Market Volume (Litres) Forecast by Flavor, 2018 to 2033
Table 11: North America Market Value (US$ Million) Forecast by Packaging Material, 2018 to 2033
Table 12: North America Market Volume (Litres) Forecast by Packaging Material, 2018 to 2033
Table 13: Latin America Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 14: Latin America Market Volume (Litres) Forecast by Country, 2018 to 2033
Table 15: Latin America Market Value (US$ Million) Forecast by Flavor, 2018 to 2033
Table 16: Latin America Market Volume (Litres) Forecast by Flavor, 2018 to 2033
Table 17: Latin America Market Value (US$ Million) Forecast by Packaging Material, 2018 to 2033
Table 18: Latin America Market Volume (Litres) Forecast by Packaging Material, 2018 to 2033
Table 19: Europe Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 20: Europe Market Volume (Litres) Forecast by Country, 2018 to 2033
Table 21: Europe Market Value (US$ Million) Forecast by Flavor, 2018 to 2033
Table 22: Europe Market Volume (Litres) Forecast by Flavor, 2018 to 2033
Table 23: Europe Market Value (US$ Million) Forecast by Packaging Material, 2018 to 2033
Table 24: Europe Market Volume (Litres) Forecast by Packaging Material, 2018 to 2033
Table 25: Asia Pacific Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 26: Asia Pacific Market Volume (Litres) Forecast by Country, 2018 to 2033
Table 27: Asia Pacific Market Value (US$ Million) Forecast by Flavor, 2018 to 2033
Table 28: Asia Pacific Market Volume (Litres) Forecast by Flavor, 2018 to 2033
Table 29: Asia Pacific Market Value (US$ Million) Forecast by Packaging Material, 2018 to 2033
Table 30: Asia Pacific Market Volume (Litres) Forecast by Packaging Material, 2018 to 2033
Table 31: MEA Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 32: MEA Market Volume (Litres) Forecast by Country, 2018 to 2033
Table 33: MEA Market Value (US$ Million) Forecast by Flavor, 2018 to 2033
Table 34: MEA Market Volume (Litres) Forecast by Flavor, 2018 to 2033
Table 35: MEA Market Value (US$ Million) Forecast by Packaging Material, 2018 to 2033
Table 36: MEA Market Volume (Litres) Forecast by Packaging Material, 2018 to 2033
Figure 1: Global Market Value (US$ Million) by Flavor, 2023 to 2033
Figure 2: Global Market Value (US$ Million) by Packaging Material, 2023 to 2033
Figure 3: Global Market Value (US$ Million) by Region, 2023 to 2033
Figure 4: Global Market Value (US$ Million) Analysis by Region, 2018 to 2033
Figure 5: Global Market Volume (Litres) Analysis by Region, 2018 to 2033
Figure 6: Global Market Value Share (%) and BPS Analysis by Region, 2023 to 2033
Figure 7: Global Market Y-o-Y Growth (%) Projections by Region, 2023 to 2033
Figure 8: Global Market Value (US$ Million) Analysis by Flavor, 2018 to 2033
Figure 9: Global Market Volume (Litres) Analysis by Flavor, 2018 to 2033
Figure 10: Global Market Value Share (%) and BPS Analysis by Flavor, 2023 to 2033
Figure 11: Global Market Y-o-Y Growth (%) Projections by Flavor, 2023 to 2033
Figure 12: Global Market Value (US$ Million) Analysis by Packaging Material, 2018 to 2033
Figure 13: Global Market Volume (Litres) Analysis by Packaging Material, 2018 to 2033
Figure 14: Global Market Value Share (%) and BPS Analysis by Packaging Material, 2023 to 2033
Figure 15: Global Market Y-o-Y Growth (%) Projections by Packaging Material, 2023 to 2033
Figure 16: Global Market Attractiveness by Flavor, 2023 to 2033
Figure 17: Global Market Attractiveness by Packaging Material, 2023 to 2033
Figure 18: Global Market Attractiveness by Region, 2023 to 2033
Figure 19: North America Market Value (US$ Million) by Flavor, 2023 to 2033
Figure 20: North America Market Value (US$ Million) by Packaging Material, 2023 to 2033
Figure 21: North America Market Value (US$ Million) by Country, 2023 to 2033
Figure 22: North America Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 23: North America Market Volume (Litres) Analysis by Country, 2018 to 2033
Figure 24: North America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 25: North America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 26: North America Market Value (US$ Million) Analysis by Flavor, 2018 to 2033
Figure 27: North America Market Volume (Litres) Analysis by Flavor, 2018 to 2033
Figure 28: North America Market Value Share (%) and BPS Analysis by Flavor, 2023 to 2033
Figure 29: North America Market Y-o-Y Growth (%) Projections by Flavor, 2023 to 2033
Figure 30: North America Market Value (US$ Million) Analysis by Packaging Material, 2018 to 2033
Figure 31: North America Market Volume (Litres) Analysis by Packaging Material, 2018 to 2033
Figure 32: North America Market Value Share (%) and BPS Analysis by Packaging Material, 2023 to 2033
Figure 33: North America Market Y-o-Y Growth (%) Projections by Packaging Material, 2023 to 2033
Figure 34: North America Market Attractiveness by Flavor, 2023 to 2033
Figure 35: North America Market Attractiveness by Packaging Material, 2023 to 2033
Figure 36: North America Market Attractiveness by Country, 2023 to 2033
Figure 37: Latin America Market Value (US$ Million) by Flavor, 2023 to 2033
Figure 38: Latin America Market Value (US$ Million) by Packaging Material, 2023 to 2033
Figure 39: Latin America Market Value (US$ Million) by Country, 2023 to 2033
Figure 40: Latin America Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 41: Latin America Market Volume (Litres) Analysis by Country, 2018 to 2033
Figure 42: Latin America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 43: Latin America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 44: Latin America Market Value (US$ Million) Analysis by Flavor, 2018 to 2033
Figure 45: Latin America Market Volume (Litres) Analysis by Flavor, 2018 to 2033
Figure 46: Latin America Market Value Share (%) and BPS Analysis by Flavor, 2023 to 2033
Figure 47: Latin America Market Y-o-Y Growth (%) Projections by Flavor, 2023 to 2033
Figure 48: Latin America Market Value (US$ Million) Analysis by Packaging Material, 2018 to 2033
Figure 49: Latin America Market Volume (Litres) Analysis by Packaging Material, 2018 to 2033
Figure 50: Latin America Market Value Share (%) and BPS Analysis by Packaging Material, 2023 to 2033
Figure 51: Latin America Market Y-o-Y Growth (%) Projections by Packaging Material, 2023 to 2033
Figure 52: Latin America Market Attractiveness by Flavor, 2023 to 2033
Figure 53: Latin America Market Attractiveness by Packaging Material, 2023 to 2033
Figure 54: Latin America Market Attractiveness by Country, 2023 to 2033
Figure 55: Europe Market Value (US$ Million) by Flavor, 2023 to 2033
Figure 56: Europe Market Value (US$ Million) by Packaging Material, 2023 to 2033
Figure 57: Europe Market Value (US$ Million) by Country, 2023 to 2033
Figure 58: Europe Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 59: Europe Market Volume (Litres) Analysis by Country, 2018 to 2033
Figure 60: Europe Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 61: Europe Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 62: Europe Market Value (US$ Million) Analysis by Flavor, 2018 to 2033
Figure 63: Europe Market Volume (Litres) Analysis by Flavor, 2018 to 2033
Figure 64: Europe Market Value Share (%) and BPS Analysis by Flavor, 2023 to 2033
Figure 65: Europe Market Y-o-Y Growth (%) Projections by Flavor, 2023 to 2033
Figure 66: Europe Market Value (US$ Million) Analysis by Packaging Material, 2018 to 2033
Figure 67: Europe Market Volume (Litres) Analysis by Packaging Material, 2018 to 2033
Figure 68: Europe Market Value Share (%) and BPS Analysis by Packaging Material, 2023 to 2033
Figure 69: Europe Market Y-o-Y Growth (%) Projections by Packaging Material, 2023 to 2033
Figure 70: Europe Market Attractiveness by Flavor, 2023 to 2033
Figure 71: Europe Market Attractiveness by Packaging Material, 2023 to 2033
Figure 72: Europe Market Attractiveness by Country, 2023 to 2033
Figure 73: Asia Pacific Market Value (US$ Million) by Flavor, 2023 to 2033
Figure 74: Asia Pacific Market Value (US$ Million) by Packaging Material, 2023 to 2033
Figure 75: Asia Pacific Market Value (US$ Million) by Country, 2023 to 2033
Figure 76: Asia Pacific Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 77: Asia Pacific Market Volume (Litres) Analysis by Country, 2018 to 2033
Figure 78: Asia Pacific Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 79: Asia Pacific Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 80: Asia Pacific Market Value (US$ Million) Analysis by Flavor, 2018 to 2033
Figure 81: Asia Pacific Market Volume (Litres) Analysis by Flavor, 2018 to 2033
Figure 82: Asia Pacific Market Value Share (%) and BPS Analysis by Flavor, 2023 to 2033
Figure 83: Asia Pacific Market Y-o-Y Growth (%) Projections by Flavor, 2023 to 2033
Figure 84: Asia Pacific Market Value (US$ Million) Analysis by Packaging Material, 2018 to 2033
Figure 85: Asia Pacific Market Volume (Litres) Analysis by Packaging Material, 2018 to 2033
Figure 86: Asia Pacific Market Value Share (%) and BPS Analysis by Packaging Material, 2023 to 2033
Figure 87: Asia Pacific Market Y-o-Y Growth (%) Projections by Packaging Material, 2023 to 2033
Figure 88: Asia Pacific Market Attractiveness by Flavor, 2023 to 2033
Figure 89: Asia Pacific Market Attractiveness by Packaging Material, 2023 to 2033
Figure 90: Asia Pacific Market Attractiveness by Country, 2023 to 2033
Figure 91: MEA Market Value (US$ Million) by Flavor, 2023 to 2033
Figure 92: MEA Market Value (US$ Million) by Packaging Material, 2023 to 2033
Figure 93: MEA Market Value (US$ Million) by Country, 2023 to 2033
Figure 94: MEA Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 95: MEA Market Volume (Litres) Analysis by Country, 2018 to 2033
Figure 96: MEA Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 97: MEA Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 98: MEA Market Value (US$ Million) Analysis by Flavor, 2018 to 2033
Figure 99: MEA Market Volume (Litres) Analysis by Flavor, 2018 to 2033
Figure 100: MEA Market Value Share (%) and BPS Analysis by Flavor, 2023 to 2033
Figure 101: MEA Market Y-o-Y Growth (%) Projections by Flavor, 2023 to 2033
Figure 102: MEA Market Value (US$ Million) Analysis by Packaging Material, 2018 to 2033
Figure 103: MEA Market Volume (Litres) Analysis by Packaging Material, 2018 to 2033
Figure 104: MEA Market Value Share (%) and BPS Analysis by Packaging Material, 2023 to 2033
Figure 105: MEA Market Y-o-Y Growth (%) Projections by Packaging Material, 2023 to 2033
Figure 106: MEA Market Attractiveness by Flavor, 2023 to 2033
Figure 107: MEA Market Attractiveness by Packaging Material, 2023 to 2033
Figure 108: MEA Market Attractiveness by Country, 2023 to 2033
The industry is expected to reach USD 2,073.2 million in 2025.
The market is projected to grow to USD 3,965.4 million by 2035.
The USA is expected to experience significant growth with a 6.5% CAGR during the forecast period.
The Plastic-based packaging segment is one of the most popular choices.
Leading companies include Nestlé S.A., Danone S.A., The Hershey Company, Arla Foods amba, Müller Group, FrieslandCampina N.V., Dean Foods Company, Saputo Inc., Lactalis Group, and Unilever PLC.
Packaged Milkshake Market
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