According to the report titled ‘Global Convenient Nutrition Market - Analysis By Product Type (Protein Shake, RTD Protein Shake, Protein Bar), Distribution Channel, By Region, By Country (2021 Edition): Market Insights and Forecast with Impact of COVID-19 (2021-2026)’, available with MarketStudyReport, global convenient nutrition market was valued at USD 85.27 billion in the year 2020 and is speculated to showcase remarkable growth between 2021 and 2026.

Increase in working population & as a result, a subsequent surge in the disposable income, rising obesity concerns, and an elevated demand from emerging economies for ready-to-eat meals & protein shakes are parameters driving the progress of global convenient nutrition market.

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Additionally, strong inclination toward nutrient-rich foods to maintain healthy living prompted by the busy consumer lifestyle, and growing popularity of packaged dietary items such as protein bars and energy drinks are further boosting the industry development.

Moreover, innovation in the designs for packaging, and new product launches consisting of natural ingredients & organic food items are creating strong revenue-generating prospects for the enterprises in this line of work.  

In terms of product type, the protein shake segment of worldwide convenience nutrition industry is estimated to record a significant growth rate during the review period, due to the factors like growing income, rapid urbanization, rising elderly population which are bolstering the product demand.

Speaking of geographical landscape, Asia Pacific market is poised to garner a notable revenue share during the assessment timeframe, attributed to the massive increase in customer expenditure as well as swift urbanization across developing nations like India, Japan, and China.

The prominent players in global convenient nutrition industry are Cargill Inc., Glanbia plc, Amy's Kitchen, Bakkavor Group plc, Mondelez International Inc., Nestle S.A., Tyson Foods Inc., ConAgra Foods Inc., General Mills Inc., and MTR Foods Pvt. Ltd. among others.