Non-Alcoholic RTD Beverages Market Trends, Analysis, 2033

The new report published by The Business Research Company, titled Non-Alcoholic RTD Beverages Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the non-alcoholic rtd beverages market size has grown strongly in recent years. It will grow from $1012.52 billion in 2023 to $1079.66 billion in 2024 at a compound annual growth rate (CAGR) of 6.6%. The non-alcoholic rtd beverages market size is expected to see strong growth in the next few years. It will grow to $1369.79 billion in 2028 at a compound annual growth rate (CAGR) of 6.1%.

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Rising Demand For Non-Alcoholic Beverages Fuels Growth Of Non-Alcoholic Rtd Beverage Market
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. For instance, in December 2022, according to the United States Department of Agriculture (USDA), a US-based federal agency, non-alcoholic beverage export sales from the US totaled $11.4 million in 2021 and increased to $13.6 million in 2022, a 20% increase. Therefore, surging demand for non-alcoholic beverages is driving the non-alcoholic RTD beverage market.

Innovative Plant-Based Cold Brew Lattes In Non-Alcoholic Rtd Beverage Market
Product innovation is a key trend gaining popularity in the non-alcoholic RTD beverage market. Major companies operating in the non-alcoholic RTD beverage market are developing innovative products to strengthen their position in the market. For instance, in April 2023, Chamberlain Coffee, a US-based organic coffee manufacturer, launched a new line of ready-to-drink (RTD) plant-based Cold Brew Lattes. These innovative product flavor line-ups include a mocha latte, a cinnamon bun latte, a vanilla latte, and a traditional cold brew. Each of the four flavors is dairy-free, prepared with almond milk and coconut cream, and naturally sweetened with no preservatives and no artificial colors, flavors, or sweeteners. Additionally, it contains date syrup, which contains only 1 gram of sugar per serving.

The non-alcoholic rtd beverages market covered in this report is segmented -

1) By Product Type: Functional Beverages, Carbonated Soft Drinks, Tea And Coffee, Fruits And Vegetable Juice, Bottled Water, Dairy Based Beverages, Other Products
2) By Packaging Type: Bottles, Cans, Other Packaging Types
3) By Distribution Channel: Supermarkets And Hypermarkets, Specialty Stores, Convenience Stores, Online Retail, Other Distribution Channels

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Major companies operating in the non-alcoholic rtd beverages market report are PepsiCo Inc., The Coca-Cola Company, Nestle S.A., Keurig Dr Pepper Inc., Red Bull GmbH, Suntory Holdings Limited, Danone S.A., Monster Beverage Corporation, Asahi Group Holdings Ltd., Reeds Inc., Starbucks Corporation, Lotte Chilsung Beverage Co. Ltd., Pokka Sapporo Food And Beverage Ltd., Yakult Honsha Co. Ltd., Califia Farms LLC, 3A Composites, Bai Brands LLC, Hint Water Inc., Lifeway Foods Inc., Health-Ade LLC, Ocean Spray Cranberries Inc., Welch Foods Inc., Sunny Delight Beverages Company, The J.M. Smucker Company, The Kraft Heinz Company, The Hershey Company, The Campbell Soup Company, The Kellogg Company, Arizona beverage Company, Innocent drinks Ltd.

Contents of the report:
1. Executive Summary
2. Non-Alcoholic RTD Beverages Market Report Structure
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 Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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