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Global Non-Alcoholic RTD Beverages Market Report 2023 Analysis And Forecast To 2032 | Major Key Players, Trends, Business Overview, And Competitive Analysis
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032Non-Alcoholic RTD Beverages Market Size, Growth Rate, And Forecast
The global non-alcoholic RTD beverages market size is expected to grow from $944.87 billion in 2022 to $1012.52 billion in 2023 at a compound annual growth rate (CAGR) of 7.16%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, and affecting many every markets across the globe. The global non-alcoholic RTD beverages market size is expected to reach $1282.56 billion in 2027 at a CAGR of 6.09%.
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Non-Alcoholic RTD Beverages Market Drivers
Surging demand for non-alcoholic beverages is expected to propel the growth of the non-alcoholic RTD beverage market going forward. A non-alcoholic beverage refers to a drink that does not contain alcohol. Nowadays, consumers prefer non-alcoholic beverages in favor of alcoholic ones as they seek to improve their health. Non-alcoholic beverage manufacturers are producing a wide range of ready-to-drink non-alcoholic beverages that improve physical health and mental well-being, hydrate them, and offer vital nutrients and vitamins, so these factors boost the non-alcoholic RTD beverage market.
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Non-Alcoholic RTD Beverages Market Segments
1) By Product Type: Functional Beverages, Carbonated Soft Drinks, Tea And Coffee, Fruits And Vegetable Juice, Bottled Water, Dairy Based Beverages, Other Products
2) Packaging Type: Bottles, Cans, Other Packaging Types
3) By Distribution Channel: Supermarkets And Hypermarkets, Specialty Stores, Convenience Stores, Online Retail, Other Distribution Channels
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Non-Alcoholic RTD Beverages market.
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Non-Alcoholic RTD Beverages Market Key Players
Major competitors in the Non-Alcoholic RTD Beverages market include PepsiCo Inc., The Coca-Cola Company, Nestle S.A., Keurig Dr Pepper Inc., Red Bull GmbH, Suntory Holdings Limited, Danone S.A
The Table Of Content For The Non-Alcoholic RTD Beverages Market Include:
1. Executive Summary
2. Non-Alcoholic RTD Beverages Market Characteristics
3. Non-Alcoholic RTD Beverages Market Trends And Strategies
4. Non-Alcoholic RTD Beverages Market - Macro Economic Scenario
5. Non-Alcoholic RTD Beverages Market Size And Growth
……
27. Non-Alcoholic RTD Beverages Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Non-Alcoholic RTD Beverages Market
29. Non-Alcoholic RTD Beverages Market Future Outlook and Potential Analysis
30. Appendix
The Business Research Company's "Global Non-Alcoholic RTD Beverages Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
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