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Meal Replacement Shake Market to Expand Significantly by 2034
The meal replacement shake market is undergoing significant growth, reaching US$ 5,189.6 million in 2024. The market is expected to show a moderate upward trend with a CAGR of 5.7% over the past decade. By 2034, the market is projected to exceed an expected value of US$ 9,035.8 million, indicating its continued popularity among health-conscious consumers.
Meal replacement shakes and products are gaining popularity among consumers, especially those managing weight or diabetes, due to their convenience and nutritional benefits. The eCommerce sector is expected to support this growth, with ready-to-drink shakes and cereal bars becoming popular choices. The shift toward vegan protein due to animal welfare concerns is driving the growth of plant-based or vegan shakes.
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Meal replacement shakes are popular among the working class, teenagers, hostel dwellers, and bachelors, as they are effective weight-loss tools for overweight or obese individuals with diabetes.
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Canned Sardines Market With Included Analysis of New Trends, Updates, and Forecast to 2034
Canned sardines or any canned seafood has come a long way to become one of the must-haves in the grocery list of the general populace. With more people consuming canned sardines for their nutritional abundance, the global market valuation is in line to surpass US$ 8,183.31 million in 2024. These sardines are perceived as a healthy dose of vitamins, amino acids, and calcium packed in a tin.
Long coastlines in countries like India, the United States, China, and Japan have also led to the enormous consumption of canned sardines, leading to a healthy growth rate of 7.50% CAGR through 2034. Advancements in processing methodologies have also positively contributed to the increased consumption in these countries.
Export-oriented production by countries like Portugal, Spain, Thailand, etc., is slated to take the market valuation to an outstanding US$ 16,833.18 million by the end of 2034. With social media influencers actively promoting the ‘fish in a tin’ trend and the health benefits of smoked sardines over other seafood, the market is likely to experience an upsurge in the coming decade.
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