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Ready-to-Drinks (RTDs) Alcohol Market Vendor and Technology Assessment Report 2024-2031

12-24-2024 06:10 AM CET | Food & Beverage

Press release from: InsightAce Analytic Pvt. Ltd.

Ready-to-Drinks (RTDs) Alcohol Market

Ready-to-Drinks (RTDs) Alcohol Market

Ready-to-Drinks (RTDs) Alcohol Market worth $85.5 billion by 2030 - Exclusive Report by InsightAce Analytic

The newly published report titled "Ready-to-Drinks (RTDs) Alcohol Market- By Trends, Industry Competition Analysis, Covid-19 Analysis, Revenue (US$ Billions) and Forecast Till 2030." of InsightAce Analytic Pvt. Ltd. features detailed industry analysis and an extensive study on the market, exploring its significant factors.

According to the latest market intelligence research report by InsightAce Analytic, the global Ready-to-Drinks (RTDs) Alcohol market size was valued at US$ 32.94 Billion in 2021, and it is expected to reach US$ 85.5 Billion in 2030, record a promising CAGR of 11.2% from 2022 to 2030.

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With the rise in spirits consumers and the proliferation of innovative alcoholic brands, alcoholic beverages are becoming more and more significant in the developing global economy. Worldwide, there are now a lot more low-alcoholic soft drinks and premixed cocktails that are fruit-flavored, spirit-based, and premixed. Any drink that comprises an alcoholic beverage and a mixer that is sold premixed in bottles or cansis referred to as an alcohol-based Ready-to-Drink (RTD). Like soft Drink cans and bottles, these beverages foster a "grab and go" lifestyle.
The RTD alcohol market is expected to be supported by strong demand for flavored alcoholic beverages as well as the uptake of beverages with lower alcohol concentration. The market is also fueled by the growing popularity of RTD alcoholic beverages, such as wine spritzers, hard kombucha, hard seltzer cocktails, and flavored alcoholic beverages, in developing nations due to increased disposable income, increased health consciousness, and the accessibility of global brands. The global movement in consumption patterns towards healthy drinks is anticipated to drive the RTD alcohol market during the forecast period. But the Covid-19 pandemic has altered drinking patterns and opened up enormous development prospects for the online alcohol marketplace. With online sales of alcoholic beverages occurring all around the world, the eCommerce industry is expanding significantly from a large foundation.

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The prominent players in the Ready-to-Drinks (RTDs) Alcohol industry include:
Anheuser-Busch InBev NV, Bacardi Limited, Carlsberg Breweries A/S, Suntory Holdings Limited, Brown-Forman, Heineken N.V., Diageo plc., Boston Beer Company, Manchester Drinks, Loverboy, Served hard seltzer, Wild Drum, White Claw, Carlsberg A/S, Nauti Seltzer, Oskar Blues, Truly Hard Seltzer Beverage Company, LLC, Henry Seltzer, Polar Beverages, Bon & Viv, GiG Hard Seltzer, Corona Seltzer, Founders Brewing Co., Lone River Beverage Company, MIKE'S HARD SELTZER, Molson Coors Beverage Company, Monster Beverage Corporation, Phusion Projects LLC, Sun King Brewing, Eau Pétillante Alcoolisée, Spoetzl Brewery, Blue Norther Hard Seltzer, Future/Proof, The Gambrinus Company, Jose Cuervo, NATRL Drinks, Beverages, Blue Norther, Natural Light, STËLZ, Bodega Bay Drink, SAVIS Craft Brewery, Austin Eastciders, Kombrewcha, GT's, Boochcraft, KYLA (Full Sail Brewing), Flying Embers, Reed's Inc., Wild Tonic, New Holland Brewing, Unity Vibration, June Shine and Other Prominent Players.
The company's growing focus on new brand propositions, such as Ready-to-Drinks (RTDs) (RTD) bottled cocktails with organic ingredients, to boost the visibility and demand for this alcoholic beverage is boosting the market demand. Moreover, New product development and the introduction of new flavors and blends of premixed drinks with innovative packaging will positively impact the market's growth.

Key Industry Developments from Leading Players:
• In Nov 2021, Pure Piraña, HEINEKEN'S hard seltzer brand, announced expansion into the cruise market. The development also follows the domestic market launches in Mexico and New Zealand and the gradual rollout in several European countries, including the UK, Ireland, Portugal, and Austria, of the new hard seltzer brand
• In Sept 2021, Reeftip, a beverages brand that helps to regenerate coral reefs, was launched by Diageo with a line of Ready-to-Drinks (RTDs) (RTD) spiced rum cocktails. There are three Ready-to-Drinks (RTDs) variants in the Reeftip line: ginger, lime and soda, pineapple, lime and soda, mango, coconut, and soda
• In July 2021, Suntory Holdings added a cola flavor to its range of Jim Beam' highball' premix RTDs in Japan. Following this, Suntory Spirits released a 'chu-hai' RTD containing half the sugar of a regular alcoholic canned cocktail
• In June 2021, Bacardi added three new flavors to its range of Ready-to-Drinks (RTDs) (RTD) cocktails. In 2020, Bacardi entered into the RTD trend with the launch of its Real Rum Canned Cocktails range, featuring flavors Bacardi Lime & Soda, Limon & Lemonade, and Rum Punch. By introducing a new product line, the brand has expanded its offering with a trio of unique flavors

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Ready-to-Drinks (RTDs) Alcohol Market Regional Analysis:
In 2021, North America dominated the market. Because of the strong demand for on-the-go products in a variety of flavors, the United States held a substantial revenue share inthe regional market in North America. For example, with sales of roughly $1.5 billion in 2019, White Claw the Hard Seltzer Brand was the top-selling seltzer in the United States.The market is expected to grow as a result of shifting consumer tastes towards flavored beverages, increased demand for Hard Seltzer, and the existence of multiple producers with substantial production volumes and varied product lines. example, with sales of roughly $1.5 billion in 2019, White Claw the Hard Seltzer Brand was the top-selling seltzer inUnited States. One of The biggest producers and consumers of alcoholic beverages in Europe is the United Kingdom. The Growth of the regional RTD alcohol market has been significantly impacted by the drift of low alcoholic beverage consumption.
Furthermore, RTD alcoholic beverage consumption has increased as a result of the rising desire for convenient, low-alcohol alcoholic beverages. The Asia Pacific region contributed significantly to the worldwide market share and revenue in 2021. Due to rising living standards and population growth in developing nations like China, Japan, and India, the Asia Pacific region is expected to grow at the quickest rate during the forecast period.

The Ready-to-Drinks (RTDs) Alcohol Market Segments

The Ready-to-Drinks (RTDs) Alcohol Market Estimates (Value US$ Million) & Forecasts and Trend Analyses, 2019 to 2030 based on Type
• Hard Kombucha
o 3 to 5 % Alcohol
o 6 to 8 % Alcohol
o Others
• Hard Seltzers
o 1.0% to 4.9% Alcohol
o 5.0% to 6.9% Alcohol
o Others
• Cocktails and Long Drinks
• Flavored Alcoholic Beverages
• Hard Coffee
• Hard Tea
• Wine Spritzers /Coolers
• Other Types

The Ready-to-Drinks (RTDs) Alcohol Market Estimates (Value US$ Million) & Forecasts and Trend Analyses, 2019 to 2030 based on Distribution Channel
• Other
• Hypermarkets & Supermarkets
• Specialty Stores
• Other Distribution Channels

The Ready-to-Drinks (RTDs) Alcohol Market Estimates (Value US$ Million) & Forecasts and Trend Analyses, 2019 to 2030 based on Region
• Europe
• North America
• Latin America
• Asia Pacific
• Middle East & Africa
North America Ready-to-Drinks (RTDs) Alcohol Market Estimates Revenue (US$ Million) by Country, 2019 to 2030
• U.S.
• Canada
Europe Ready-to-Drinks (RTDs) Alcohol Market Estimates Revenue (US$ Million) by Country, 2019 to 2030
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe
Asia Pacific Ready-to-Drinks (RTDs) Alcohol Market Estimates Revenue (US$ Million) by Country, 2019 to 2030
• India
• China
• Japan
• South Korea
• Australia & New Zealand
Latin America Ready-to-Drinks (RTDs) Alcohol Market Estimates Revenue (US$ Million) by Country, 2019 to 2030
• Brazil
• Mexico
• Rest of Latin America

The Middle East & Africa Ready-to-Drinks (RTDs) Alcohol Market Estimates Revenue (US$ Million) by Country, 2019 to 2030
• GCC Countries
• South Africa
• Rest of the Middle East & Africa

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About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.

Contact us:
InsightAce Analytic Pvt. Ltd.
Visit: www.insightaceanalytic.com
Tel : +1 551 226 6109
Asia: +91 79 72967118
info@insightaceanalytic.com

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