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RTD Protein Beverages Market size was valued at USD 664.21 billion in 2019 and is poised to grow from USD 702.89 billion in 2023 to USD 1076.94 billion by 2031, growing at a CAGR of 5.66% in the forecast period (2024-2031).

The market for RTD protein beverages is diverse, with a number of active competitors. To preserve their position in the market, companies have increased their R&D, marketing, and distribution channel expenditures. Larger companies are adding innovation to their product portfolio to respond to changing consumers' needs in order to maintain their RTD protein beverages market dominance. 'PepsiCo, Inc.', 'Coca-Cola Co.', 'Glanbia plc', 'Nestle S.A.', 'Abbott Laboratories', 'Danone S.A.', 'MusclePharm Corporation', 'CytoSport, Inc.', 'Kellogg Company', 'Premier Nutrition Corporation', 'General Nutrition Centers, Inc.', 'Monster Beverage Corporation', 'Hormel Foods Corporation', 'The Hershey Company', 'Vital Proteins LLC', 'The Nature's Bounty Co.', 'The Hain Celestial Group, Inc.', 'Quest Nutrition LLC', 'Muscle Milk.'

Buyers' growing interest in healthcare is fueling a surge in demand for protein-fortified beverages. Protein beverages are rapidly being sold as sports nutrition drinks around the world.

Popularity of Protein-based beverages: Protein-based beverages are becoming incredibly popular, particularly with sportsmen and anyone who engages in strenuous exercise. Due to rising health issues and lifestyle modification, gyms and fitness centers have seen constant development in recent times.

In 2022, North America held the largest share of the ready-to-drink protein beverages market because of the existence of important industry leaders and convenient distribution channels. Growth in disposable income and the growing number of ready-to-drink protein beverage makers is expected to continue to drive the demand in regional markets.

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Global RTD Protein Beverages Market

Product ID: SQSG30I2020