Press release
Premixed/ low Alcoholic RTDs Industry Value accounted for USD 37.2 Billion by 2022, Driven by the changing consumer preference during the forecast, 2023-2033
According to the report, the global Premixed/ low Alcoholic RTDs market accounted for a market size of USD 37.2 Billion in 2022, growing at a CAGR of 12.3% from 2023 to 2033. The premixed/low alcoholic RTDs (Ready-to-Drink) market refers to the segment of the beverage industry that offers pre-packaged alcoholic beverages that are ready to consume without any additional mixing or preparation. These RTDs typically contain a lower alcohol content compared to traditional spirits, cocktails, or other alcoholic beverages. They are often marketed as convenient, portable, and refreshing options for consumers.The drivers behind the growth of premixed/low alcoholic RTDs can be attributed to the convenience factor, changing consumer preferences towards simplicity and moderate drinking, flavor variety, effective marketing, health consciousness, and regulatory changes. These factors have contributed to the increasing popularity and expansion of the premixed/low-alcoholic RTD market in recent years.
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Key Highlights:
• The global Premixed/ low Alcoholic RTDs Market size was valued at USD 37.2 Billion in 2022 growing at a CAGR of 12.3% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to fastest-growing at the highest CAGR from 2023 to 2033
Evolve Business Intelligence is going to publish a new market research report providing market analysis that examines and evaluates the current and future conditions to identify trends, opportunities, and potential risks that may impact the performance of businesses operating within that market. This analysis typically involves collecting and analyzing data related to various factors such as economic indicators, consumer behavior, technological advancements, and regulatory policies that affect the market.
In terms of COVID-19 impact, the Premixed/ low Alcoholic RTDs market report also includes the following data points:
• COVID-19 Impact on Premixed/ low Alcoholic RTDs market size
• End-User/Industry/Application Trend, and Preferences
• Government Policies/Regulatory Framework
• Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
• Opportunity in Premixed/ low Alcoholic RTDs market
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Key Players
Some of the major Premixed/ low Alcoholic RTDs players holding high market share include Discover Diageo, Bacardi and Co. Ltd., Brown-Forman Corp., and Boston Beer. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
• Discover Diageo
• Bacardi and Co. Ltd.
• Brown-Forman Corp.
• Boston Beer
• Halewood International
• Carlsberg Breweries A/S AB InBev
• Radico Khaitan
• Suntory Spirits
• Distell
• ark Anthony Brands
Segmental Analysis
Market Segment By Type with focus on market share, consumption trend, and growth rate of Premixed/ low Alcoholic RTDs Market:
• RTDs
• High-Strength Premixes
Based on Type, RTDs currently hold the largest market share in the Premixed/ low Alcoholic RTDs market.
Market Segment By Distribution Channel with focus on market share, consumption trend, and growth rate of Premixed/ low Alcoholic RTDs Market:
• Store Based
• Online
Based on Distribution Channel, The store based segment holds the largest market share in the Premixed/ low Alcoholic RTDs market.
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Global Premixed/ low Alcoholic RTDs Geographic Coverage:
• North America
o US
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Nordic Countries
o Benelux
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Australia
o Rest of Asia Pacific
• Middle East and Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA
• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America
Reasons to Buy this Report:
• Industry and Market Understanding: This report provides a comprehensive overview of a particular industry or market, including its size, trends, key players, and future outlook. By purchasing this research report, you can gain a better understanding of the industry you are operating in or considering entering.
• Competitive Intelligence: This report provides detailed information on competitors, including their strengths and weaknesses, market share, financial analysis, key developments and strategies adopted, and product offerings. This information can help businesses develop effective competitive strategies.
• Investment Decisions: This report helps investors make informed decisions by providing data on market size, growth potential, and key trends. This information can be useful for identifying investment opportunities and evaluating risk.
• Regulatory Compliance: This report includes information on regulatory policies and requirements that affect a particular industry or market. This can be valuable information for businesses seeking to comply with regulations and avoid potential legal issues.
Overall, Premixed/ low Alcoholic RTDs market research reports provide valuable insights and information that can help businesses and individuals make informed decisions in a rapidly changing global marketplace.
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Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
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