India Packaged Milkshake Market to Grow Exponentially at 13% CAGR: MarkNtel Advisors

Market Overview:

MarkNtel Advisors has released a new report that highlights the strong growth trajectory of the India Packaged Milkshake Market, The India Packaged Milkshake Market is projected to grow at a CAGR of around 13% during the forecast period, i.e., 2022-27. Various factors are attributed to the growth of the market like growth in automobile production, growing focus on lightweight & sustainable materials, rising demand for luxury & customized interiors, increasing focus on safety standards, and the adoption of Advanced Driver Assistance Systems (ADAS). The report provides valuable insights into the drivers, trends, and challenges shaping the future of the India Packaged Milkshake Market. It offers an in-depth look at the key players, geographical performance, and the segments leading the charge in market share.

Industry Outlook & Forecasts:

Forecast Period: 2022-2027
CAGR (2022-2027): 13%

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India Packaged Milkshake Market Segmentation Breakdown:

The India Packaged Milkshake Market explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:

By Market Alignment

Organized
Unorganized

By Flavor

Chocolate
Mango
Vanilla
Strawberry
Banana
Almond
Others

Here, Chocolate is anticipated to dominate the India Packaged Milkshake Market with the largest share during the forecast period.

By Packaging

Bottles
Pouches
Cartons
Others

By Package Size

Upto 180 ml
200 ml
250 ml
500 ml
750 ml
1,000 ml
Others

By Distribution Channel

Online
Retail Shops
Hypermarkets/Supermarkets
Dairy Shops
Others

Here, the Online channel is anticipated to dominate the India Packaged Milkshake Market with the largest share during the forecast period.

Geographical Growth Insights:

By State

Delhi NCR
Uttar Pradesh
Maharashtra
Telangana
Karnataka
Punjab
Haryana
Rajasthan
Tamil Nadu
Gujarat
Others

Key Driver: An Escalation in the Consumption of Probiotic Drinks

As people are becoming increasingly health conscious, their inclination toward packaged milkshakes is escalating swiftly owing to the emergence of trends like consuming probiotic drinks rich in nutritional ingredients. It, in turn, is stimulating the demand for packaged milkshakes and augmenting the market growth. The same factor is also instigating the leading players to increase their production & distribution capacities and introduce new products with diverse nutritional value and expand the consumer base throughout the country.

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A Comprehensive Analysis of Leading Companies in India Packaged Milkshake Market

Gujarat Cooperative Milk Marketing Federation Ltd. (GCMMF)
Karnataka Milk Federation (KMF)
Mother Dairy
CavinKare
Hershey
ITC
Parag Milk Foods
Parle Agro Private Limited
Mondelez
Keventers

Possible Restraint: Presence of Regional Vendors Challenging Business Profitability in India

India is a diverse country with the presence of various regional vendors operating in local markets and catering to the needs of customers inclined to ward unpacked milkshakes instead of packed milkshake-like tetra packs. This aspect might restrain the fledged growth of the India Packaged Milkshake Market during the forecast period. Besides, despite being a preferred destination for the packaging industry, the lack of proper infrastructure might cause difficulties for the leading players to conduct business & retain in the market. Hence, such aspects might challenge the overall market growth in the coming years.

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MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

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