The global demand for Ready-to-Drink Beverages Market is presumed to reach the market size of nearly USD 139.67 MN by 2028 from USD 83.64 MN in 2021 with a CAGR of 7.6% under the study period of 2022 - 2028. Regarding volume, the market was calculated XX Million Liters in 2021 and forecast to touch XX Million Liters by 2028 with a CAGR of XX% during 2022-2028.
Ready to drink (RTD) refers to packaged drinks that are already made and prepared to be consumed. RTD beverages include coffee, iced tea, fruit or vegetable smoothies, energy drinks, yoghurt drinks, and alcopops (pre-made alcoholic cocktails). This type of beverage differs from conventional beverage mixes, powders, or goods for home-brewing tea or coffee. This is because it can be consumed at once after purchase.
Market Dynamics
Numerous novel beverage concepts, including infused and functional beverages, have been created in response to rising customer desire for intriguing flavours and more enjoyable beverages. Ready-to-drink drinks have multiple ingredients added to them, which makes them more appealing to consumers due to their excellent nutritional content and vibrant flavour. Both factors lead to high demand in the Ready to Drink market. Functional RTD drinks offer a chance for businesses to stand out from the competition by making health claims. Consumers have also started searching for goods that provide a wide range of functional advantages, such as probiotics, antioxidants, low sugar, low sugar content, and low inflammatory effects. Additionally, dairy-free and vegan choices are being introduced to the market in increasing amounts to provide convenient and healthful on-the-go beverage categories.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of ready-to-drink beverages. The growth and trends of Ready-to-Drink Beverages Industry provide a holistic approach to this study.
Market Segmentation
This section of the ready-to-drink beverages market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Product Type
- Carbonated Soft Drinks
- RTD Coffee
- RTD Tea
- Dairy-Based Beverages
- Fruit Juice
By Distribution Channel
- Business To Business (Foodservice)
- Business To Consumers(Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, Online Retail, Departmental Stores, Vending Machine)
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Ready-to-Drink Beverages market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Ready-to-Drink Beverages Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the ready-to-drink beverages market include Asahi Group Holdings Ltd., PepsiCo Inc., The Coca-Cola Company, Nestlé S.A., Kraft Heinz Foodservice, Suntory Holdings Limited, Gehl Foods, LLC, O-AT-KA Milk, William B. Reily and Company Inc., Danone S.A., Keurig Dr Pepper Inc, Vitasoy International Holdings Limited, Mutalo Group, The Campbell Soup Company, Gujarat Cooperative Milk Marketing Federation (GCMMF) – Amul. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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