Global Ready to Drink (RTD) beverages market is anticipated to grow at a CAGR of 6.5% during the forecast period (2024-2031). The market growth is attributed to the increased adoption of RTD beverages with changing lifestyle trends and rising disposable income. Consumers are now spending more on food and beverages comprising.
Market players are investing in new manufacturing facilities to fulfill the growing demand. For instance, in February 2024, Coca-Cola announced to build a new manufacturing capacity citing its growth in India as the company gained value share in total non-aerated, RTD beverages. Also, in May 2023, Coca?Cola announced that it has selected Webster, New York as its preferred location for a new fair life production facility as part of the brand’s continued expansion in the Northeast market.
Constant product innovation by market players is also driving the market growth. For instance, in May 2023, Dos Equis launched its first product non-alcoholic RTD beverage category named Dos Equis Lime & Salt ZERO. A similar trend is being followed by many brewery makers, such as Kirin and Noiliq. Also, the brands such as Coca-Cola are trying to enter the low to no-alcohol beverage segment.
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• The market number available for – 2023-2031
• Base year- 2023
• Forecast period- 2024-2031
Segment Covered-
• By Product type
• By Distribution Channel
Regions Covered-
• North America
• Europe
• Asia-Pacific
• Rest of the World
Competitive Landscape- includes PepsiCo. Inc., Coca Cola Bebidas de Colombia, S.A., Nestlé S.A., Red Bull GmbH, Keurig Dr Pepper, and others.
Ready to Drink beverages Market Report Segment
By Product type
• Tea
• Coffee
• Energy Drinks
• Soft Drinks
• Dairy-Based Beverages
• Flavoured and Fortified Water
• Other Beverages
By Distribution Channel
• Online Marketplaces
• Supermarkets
• Retail Stores
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Ready to Drink Beverages Market Report Segment by Region
North America
· United States
· Canada
Europe
· UK
· Germany
· Spain
· France
· Italy
· Rest of Europe
Asia-Pacific
· India
· China
· Japan
· South Korea
· Rest of APAC
Rest of the World
• Latin America
• Middle East and Africa
Company Profiles
• Achian Foods Pvt. Ltd.
• Al Rabie Saudi Foods Co. Ltd.
• Asahi Group Holdings Pty Ltd.
• Danone S.A.
• Kirin Holdings Co., Ltd.
• Monster Beverage Corp.
• National Beverage Corp.
• Parle Ago Pvt. Ltd.
• Power Horse Energy Drinks GmbH
• Primo Water Corp.
• Refresco Group N.V.
• Starbucks Corp.
• Unilever Plc.
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