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Ready-to-drink Beverages Market Size, Growth, Opportunities 2024-2032 | Abbott Laboratories Inc. (U.S.), Bacardi Limited (U.S.), Danone S.A (France)

10-03-2024 02:42 PM CET | Food & Beverage

Press release from: Fortune Business Insights

Ready-to-drink Beverages Market

Ready-to-drink Beverages Market

The global ready-to-drink (RTD) beverages market was valued at USD 732.49 billion in 2023 and is projected to grow from USD 766.69 billion in 2024 to USD 1,227.81 billion by 2032, reflecting a compound annual growth rate (CAGR) of 6.06% during the forecast period. The rising demand for RTD juices, driven by the inclusion of citrus fruits, herbs, botanicals, and other beneficial ingredients, is fueling market expansion. The sector is expected to grow as new products, such as fruit juices, energy drinks, and dairy beverages, are introduced in the coming years. This information is detailed in the report "Ready-to-Drink Beverages Market, 2024-2032" by Fortune Business Insightsโ„ข.

๐†๐ž๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐ƒ๐… ๐๐ซ๐จ๐œ๐ก๐ฎ๐ซ๐ž:
https://www.fortunebusinessinsights.com/enquiry/queries/ready-to-drink-rtd-beverages-market-102124

๐‹๐ข๐ฌ๐ญ ๐จ๐Ÿ ๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ ๐๐ซ๐จ๐Ÿ๐ข๐ฅ๐ž๐ ๐ข๐ง ๐ญ๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ
โ€ข Abbott Laboratories Inc. (U.S.)
โ€ข Bacardi Limited (U.S.)
โ€ข Danone S.A (France)
โ€ข Del Monte Foods, Inc. (U.S.)
โ€ข Diageo PLC. (U.K.)
โ€ข Keurig Dr. Pepper, Inc. (U.S.)
โ€ข Molson Coors Brewing Company (U.S.)
โ€ข Nestle S.A. (Switzerland), Inc. (U.S.)
โ€ข Pernod Ricard (France)
โ€ข Rauch Fruchtsรคfte GmbH & Co OG (Austria)
โ€ข Suntory Holdings Limited (Japan)
โ€ข The Coca-Cola Company (U.S.)
โ€ข Yakult Honsha Co. Ltd. (Japan)

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐ฌ
๐๐จ๐ง-๐…๐ž๐ซ๐ฆ๐ž๐ง๐ญ๐ž๐ ๐๐ž๐ฏ๐ž๐ซ๐š๐ ๐ž๐ฌ๐ญ๐จ ๐‹๐ž๐š๐ ๐ƒ๐ฎ๐ž ๐ญ๐จ ๐„๐š๐ฌ๐ฒ ๐€๐œ๐œ๐ž๐ฌ๐ฌ๐ข๐›๐ข๐ฅ๐ข๐ญ๐ฒ
On the basis of product type, the market is divided into fermented beverages, non-fermented beverages, and alcoholic beverages. The non-fermented beverages segment held the larger proportion in the global market due to easy access to variety of products and multiple options such as carbonated soft drinks, energy drinks, and fruit juices. Alcoholic beverages is anticipated to have highest CAGR due to increasing number of house parties and social gatherings globally.

๐’๐ฎ๐ฉ๐ž๐ซ๐ฆ๐š๐ซ๐ค๐ž๐ญ๐ฌ/๐‡๐ฒ๐ฉ๐ž๐ซ๐ฆ๐š๐ซ๐ค๐ž๐ญ๐ฌ ๐ญ๐จ ๐‹๐ž๐š๐ ๐ญ๐ก๐ž ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ ๐ƒ๐ฎ๐ž ๐ญ๐จ ๐€๐ฏ๐š๐ข๐ฅ๐š๐›๐ข๐ฅ๐ข๐ญ๐ฒ ๐จ๐Ÿ ๐–๐ข๐๐ž ๐‘๐š๐ง๐ ๐ž ๐จ๐Ÿ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ๐ฌ
On the basis of distribution channel, the market is divided into supermarkets/hypermarkets, specialty stores, convenience stores, online retail, on-premise, and others. Supermarkets/hypermarkets segment dominates the market share due to popularity of supermarkets and hypermarkets among users due to availability of a wider range of products offered by numerous brands under one roof. Online retail segment is set to have the highest CAGR due to flexibility in shopping and home delivery.

๐€๐ฌ๐ค ๐Ÿ๐จ๐ซ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง:
https://www.fortunebusinessinsights.com/enquiry/customization/ready-to-drink-rtd-beverages-market-102124

๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‚๐จ๐ฏ๐ž๐ซ๐š๐ ๐ž
The study offers a comprehensive overview of recent advancements and leading market segments. It includes an in-depth analysis of the impact of COVID-19 on the market, highlighting both enabling and restricting factors within the industry. Additionally, the study explores regional trends and the strategies employed by key market players.

๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐‘๐ž๐ฌ๐ญ๐ซ๐š๐ข๐ง๐ญ๐ฌ
๐ˆ๐ฆ๐ฉ๐ซ๐จ๐ฏ๐ž๐ฆ๐ž๐ง๐ญ๐ฌ ๐ข๐ง ๐†๐ฎ๐ญ ๐‡๐ž๐š๐ฅ๐ญ๐ก ๐š๐ง๐ ๐…๐ฎ๐ง๐œ๐ญ๐ข๐จ๐ง๐š๐ฅ ๐ƒ๐ซ๐ข๐ง๐ค๐ฌ ๐€๐ซ๐ž ๐๐ž๐ž๐๐ž๐ ๐ญ๐จ ๐ƒ๐ซ๐ข๐ฏ๐ž ๐๐ซ๐จ๐๐ฎ๐œ๐ญ ๐ƒ๐ž๐ฆ๐š๐ง๐
The ready-to-drink (RTD) beverage market is expected to grow due to advancements in intestinal health and a rising consumer preference for functional beverages. Increasing demand for drinks that support digestive health is driving companies to incorporate herbs and botanicals into their products. The market benefits from high-quality offerings and a wide range of flavors, further bolstered by ongoing R&D and the introduction of innovative products.

However, market growth may be limited by high tariffs and stringent regulations affecting certain RTD products.

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ
๐‘๐ข๐ฌ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ก๐š๐ซ๐ž ๐ข๐ง ๐€๐ฌ๐ข๐š ๐๐š๐œ๐ข๐Ÿ๐ข๐œ ๐Ž๐ฐ๐ข๐ง๐  ๐ญ๐จ ๐’๐ก๐ข๐Ÿ๐ญ๐ฌ ๐ข๐ง ๐‚๐จ๐ง๐ฌ๐ฎ๐ฆ๐ž๐ซ ๐‹๐ข๐Ÿ๐ž๐ฌ๐ญ๐ฒ๐ฅ๐ž๐ฌ
Asia Pacific is expected to capture a significant share of the ready-to-drink (RTD) beverage market, driven by the region's expanding consumer base and adults' openness to exploring new beverage options and healthier lifestyles.

North America is projected to experience the highest compound annual growth rate (CAGR), propelled by the growing demand for fortified and gut-health-improving beverages such as kombucha, energy drinks, and functional water.

Europe is anticipated to become a major market for RTD beverages, driven by the rising popularity of plant-based diets.

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ฒ๐ข๐ง๐  ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/ready-to-drink-rtd-beverages-market-102124

๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐ฏ๐ž ๐‹๐š๐ง๐๐ฌ๐œ๐š๐ฉ๐ž
๐๐ž๐ฌ๐ญ๐ฅ๐ž ๐’.๐€. ๐€๐œ๐ช๐ฎ๐ข๐ซ๐ž๐ฌ ๐Ž๐ซ๐ ๐š๐ข๐ง ๐ˆ๐ง๐œ. ๐ญ๐จ ๐†๐š๐ข๐ง ๐š ๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐ฏ๐ž ๐€๐๐ฏ๐š๐ง๐ญ๐š๐ ๐ž
The global market shows strong customer preferences for distinctive flavors, convenience, and a broad range of product options. In response, major companies like Diageo PLC, Nestlรฉ S.A., PepsiCo Inc., Bacardi Limited, and Coca-Cola are expanding their flavor offerings. Local businesses are also gaining prominence in their regions by forming alliances, merging with other companies, and pursuing acquisitions to compete with global firms. For example, in March 2022, Nestlรฉ S.A. acquired a majority stake in Orgain Inc., a California-based manufacturer of protein bars, ready-to-drink beverages, and plant-based protein powder.

๐Š๐ž๐ฒ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ
โ€ข ๐๐จ๐ฏ๐ž๐ฆ๐›๐ž๐ซ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ- Pernod Ricard invested over USD 22 million to build an RTD canning facility in Arkansas, USA, to create a canning line for Jameson Ginger & Lime RTDs.

๐‘๐ž๐š๐ ๐‘๐ž๐ฅ๐š๐ญ๐ž๐ ๐๐ž๐ฐ๐ฌ:
Gummy Supplements Market: https://www.fortunebusinessinsights.com/gummy-supplements-market-109478
Edible Animal Fat Market: https://www.fortunebusinessinsights.com/edible-animal-fat-market-105143
Mead Beverage Market: https://www.fortunebusinessinsights.com/mead-market-102278

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ:
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๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:
Fortune Business Insightsโ„ข offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

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