Press release
Ready-to-drink Beverages Market Size, Growth, Opportunities 2024-2032 | Abbott Laboratories Inc. (U.S.), Bacardi Limited (U.S.), Danone S.A (France)
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 Insightsโข.๐๐๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ซ๐จ๐๐ก๐ฎ๐ซ๐:
https://www.fortunebusinessinsights.com/enquiry/queries/ready-to-drink-rtd-beverages-market-102124
๐๐ข๐ฌ๐ญ ๐จ๐ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐๐ซ๐จ๐๐ข๐ฅ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ
โข Abbott Laboratories Inc. (U.S.)
โข Bacardi Limited (U.S.)
โข Danone S.A (France)
โข Del Monte Foods, Inc. (U.S.)
โข Diageo PLC. (U.K.)
โข Keurig Dr. Pepper, Inc. (U.S.)
โข Molson Coors Brewing Company (U.S.)
โข Nestle S.A. (Switzerland), Inc. (U.S.)
โข Pernod Ricard (France)
โข Rauch Fruchtsรคfte GmbH & Co OG (Austria)
โข Suntory Holdings Limited (Japan)
โข The Coca-Cola Company (U.S.)
โข Yakult Honsha Co. Ltd. (Japan)
๐๐๐ ๐ฆ๐๐ง๐ญ๐ฌ
๐๐จ๐ง-๐ ๐๐ซ๐ฆ๐๐ง๐ญ๐๐ ๐๐๐ฏ๐๐ซ๐๐ ๐๐ฌ๐ญ๐จ ๐๐๐๐ ๐๐ฎ๐ ๐ญ๐จ ๐๐๐ฌ๐ฒ ๐๐๐๐๐ฌ๐ฌ๐ข๐๐ข๐ฅ๐ข๐ญ๐ฒ
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.
๐๐ฎ๐ฉ๐๐ซ๐ฆ๐๐ซ๐ค๐๐ญ๐ฌ/๐๐ฒ๐ฉ๐๐ซ๐ฆ๐๐ซ๐ค๐๐ญ๐ฌ ๐ญ๐จ ๐๐๐๐ ๐ญ๐ก๐ ๐๐๐ ๐ฆ๐๐ง๐ญ ๐๐ฎ๐ ๐ญ๐จ ๐๐ฏ๐๐ข๐ฅ๐๐๐ข๐ฅ๐ข๐ญ๐ฒ ๐จ๐ ๐๐ข๐๐ ๐๐๐ง๐ ๐ ๐จ๐ ๐๐ซ๐จ๐๐ฎ๐๐ญ๐ฌ
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.
๐๐ฌ๐ค ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง:
https://www.fortunebusinessinsights.com/enquiry/customization/ready-to-drink-rtd-beverages-market-102124
๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฏ๐๐ซ๐๐ ๐
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.
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ฌ๐ญ๐ซ๐๐ข๐ง๐ญ๐ฌ
๐๐ฆ๐ฉ๐ซ๐จ๐ฏ๐๐ฆ๐๐ง๐ญ๐ฌ ๐ข๐ง ๐๐ฎ๐ญ ๐๐๐๐ฅ๐ญ๐ก ๐๐ง๐ ๐ ๐ฎ๐ง๐๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐ซ๐ข๐ง๐ค๐ฌ ๐๐ซ๐ ๐๐๐๐๐๐ ๐ญ๐จ ๐๐ซ๐ข๐ฏ๐ ๐๐ซ๐จ๐๐ฎ๐๐ญ ๐๐๐ฆ๐๐ง๐
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.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ
๐๐ข๐ฌ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ก๐๐ซ๐ ๐ข๐ง ๐๐ฌ๐ข๐ ๐๐๐๐ข๐๐ข๐ ๐๐ฐ๐ข๐ง๐ ๐ญ๐จ ๐๐ก๐ข๐๐ญ๐ฌ ๐ข๐ง ๐๐จ๐ง๐ฌ๐ฎ๐ฆ๐๐ซ ๐๐ข๐๐๐ฌ๐ญ๐ฒ๐ฅ๐๐ฌ
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.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ:
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/ready-to-drink-rtd-beverages-market-102124
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐
๐๐๐ฌ๐ญ๐ฅ๐ ๐.๐. ๐๐๐ช๐ฎ๐ข๐ซ๐๐ฌ ๐๐ซ๐ ๐๐ข๐ง ๐๐ง๐. ๐ญ๐จ ๐๐๐ข๐ง ๐ ๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ฏ๐๐ง๐ญ๐๐ ๐
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.
๐๐๐ฒ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ
โข ๐๐จ๐ฏ๐๐ฆ๐๐๐ซ ๐๐๐๐- 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.
๐๐๐๐ ๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฐ๐ฌ:
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
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ:
Fortune Business Insightsโข Pvt. Ltd.
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Maharashtra, India.
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๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
Fortune Business Insightsโข 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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