Ready-to-drink Beverages Market Poised for Remarkable Growth, Set to Reach USD 1,227.81Billion by 2032 with a CAGR of 6.06%

The global ready-to-drink (RTD) beverages market size was valued at USD 732.49 billion in 2023 and is forecasted to increase from USD 766.69 billion in 2024 to USD 1,227.81 billion by 2032, with a compound annual growth rate (CAGR) of 6.06% throughout the forecast period. The growing popularity of RTD juices, particularly those featuring citrus fruits, herbs, botanicals, and other health-promoting ingredients, is a key driver of market growth. Further expansion is anticipated as innovative products, including fruit juices, energy drinks, and dairy-based beverages, are expected to launch in the coming years. These insights are highlighted in the "Ready-to-Drink Beverages Market, 2024-2032" report by Fortune Business Insights™.

𝐆𝐞𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐁𝐫𝐨𝐜𝐡𝐮𝐫𝐞:
https://www.fortunebusinessinsights.com/enquiry/queries/ready-to-drink-rtd-beverages-market-102124

𝐋𝐢𝐬𝐭 𝐨𝐟 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 𝐏𝐫𝐨𝐟𝐢𝐥𝐞𝐝 𝐢𝐧 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭
• Abbott Laboratories Inc. (U.S.)
• Bacardi Limited (U.S.)
• Danone S.A (France)
• Del Monte Foods, Inc. (U.S.)
• Diageo PLC. (U.K.)
• Keurig Dr. Pepper, Inc. (U.S.)
• Molson Coors Brewing Company (U.S.)
• Nestle S.A. (Switzerland)
• , Inc. (U.S.)
• Pernod Ricard (France)
• Rauch Fruchtsäfte GmbH & Co OG (Austria)
• Suntory Holdings Limited (Japan)
• The Coca-Cola Company (U.S.)
• Yakult Honsha Co. Ltd. (Japan)

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐬
𝐍𝐨𝐧-𝐅𝐞𝐫𝐦𝐞𝐧𝐭𝐞𝐝 𝐁𝐞𝐯𝐞𝐫𝐚𝐠𝐞𝐬𝐭𝐨 𝐋𝐞𝐚𝐝 𝐃𝐮𝐞 𝐭𝐨 𝐄𝐚𝐬𝐲 𝐀𝐜𝐜𝐞𝐬𝐬𝐢𝐛𝐢𝐥𝐢𝐭𝐲
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.

𝐒𝐮𝐩𝐞𝐫𝐦𝐚𝐫𝐤𝐞𝐭𝐬/𝐇𝐲𝐩𝐞𝐫𝐦𝐚𝐫𝐤𝐞𝐭𝐬 𝐭𝐨 𝐋𝐞𝐚𝐝 𝐭𝐡𝐞 𝐒𝐞𝐠𝐦𝐞𝐧𝐭 𝐃𝐮𝐞 𝐭𝐨 𝐀𝐯𝐚𝐢𝐥𝐚𝐛𝐢𝐥𝐢𝐭𝐲 𝐨𝐟 𝐖𝐢𝐝𝐞 𝐑𝐚𝐧𝐠𝐞 𝐨𝐟 𝐏𝐫𝐨𝐝𝐮𝐜𝐭𝐬
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.

𝐀𝐬𝐤 𝐟𝐨𝐫 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧:
https://www.fortunebusinessinsights.com/enquiry/customization/ready-to-drink-rtd-beverages-market-102124

𝐑𝐞𝐩𝐨𝐫𝐭 𝐂𝐨𝐯𝐞𝐫𝐚𝐠𝐞
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.

𝐃𝐫𝐢𝐯𝐞𝐫𝐬 𝐚𝐧𝐝 𝐑𝐞𝐬𝐭𝐫𝐚𝐢𝐧𝐭𝐬
𝐈𝐦𝐩𝐫𝐨𝐯𝐞𝐦𝐞𝐧𝐭𝐬 𝐢𝐧 𝐆𝐮𝐭 𝐇𝐞𝐚𝐥𝐭𝐡 𝐚𝐧𝐝 𝐅𝐮𝐧𝐜𝐭𝐢𝐨𝐧𝐚𝐥 𝐃𝐫𝐢𝐧𝐤𝐬 𝐀𝐫𝐞 𝐍𝐞𝐞𝐝𝐞𝐝 𝐭𝐨 𝐃𝐫𝐢𝐯𝐞 𝐏𝐫𝐨𝐝𝐮𝐜𝐭 𝐃𝐞𝐦𝐚𝐧𝐝
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.

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬
𝐑𝐢𝐬𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐡𝐚𝐫𝐞 𝐢𝐧 𝐀𝐬𝐢𝐚 𝐏𝐚𝐜𝐢𝐟𝐢𝐜 𝐎𝐰𝐢𝐧𝐠 𝐭𝐨 𝐒𝐡𝐢𝐟𝐭𝐬 𝐢𝐧 𝐂𝐨𝐧𝐬𝐮𝐦𝐞𝐫 𝐋𝐢𝐟𝐞𝐬𝐭𝐲𝐥𝐞𝐬
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.

𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/ready-to-drink-rtd-beverages-market-102124

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞
𝐍𝐞𝐬𝐭𝐥𝐞 𝐒.𝐀. 𝐀𝐜𝐪𝐮𝐢𝐫𝐞𝐬 𝐎𝐫𝐠𝐚𝐢𝐧 𝐈𝐧𝐜. 𝐭𝐨 𝐆𝐚𝐢𝐧 𝐚 𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐀𝐝𝐯𝐚𝐧𝐭𝐚𝐠𝐞
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, Nestlé 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, Nestlé 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.

𝐊𝐞𝐲 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭
• 𝐍𝐨𝐯𝐞𝐦𝐛𝐞𝐫 𝟐𝟎𝟐𝟐- 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.

𝐑𝐞𝐚𝐝 𝐑𝐞𝐥𝐚𝐭𝐞𝐝 𝐍𝐞𝐰𝐬:
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

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬:
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This release was published on openPR.