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.
Browse the full report description of “Ready to Drink Beverages Market Size, Share & Trends Analysis Report by Product type (Tea, Coffee, Soft Drinks, Energy Drinks, Dairy based beverages, Flavored and fortified Water and other Beverages), and by Distribution Channel (Online Marketplace, Supermarkets and Retail Stores) Forecast Period (2024-2031)” at https://www.omrglobal.com/industry-reports/ready-to-drink-beverage-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.
Market Coverage
• The market number available for – 2023-2031
• Base year- 2024
• Forecast period- 2024-2031
• Segment Covered-
o By Product type
o By Distribution Channel
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o 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.
Key questions addressed by the report
Global Ready to Drink beverages Market Report Segment
By Product type
By Distribution Channel
Global Ready to Drink Beverages Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• The Middle East & Africa
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