Global Ready to Drink Beverages market report, size, share, trends and forecast to 2028

According to Stratistics MRC, the Global Ready to Drink Beverages Market is accounted for $17.4 billion in 2022 and is expected to reach $27.9 billion by 2028 growing at a CAGR of 8.18% during the forecast period.

Ready to drink (RTD) refers to packaged beverages that are sold in a ready form and are all set for consumption. They can be immediately consumed upon purchase. These beverages are very convenient to use and rising urbanization and busy life schedules led to the demand growth for RTD beverages. Drinks are packed in single-use containers. Tea, coffee, energy drinks, yogurt drinks, dairy-based beverages, flavoured & fortified water are the mostly used ready to drink beverages.

Consumers are increasing due to their ease of use, variety and all season availability. A person who cannot spend much time in preparation and for people with less or no cooking skills opts for the ready to use products. No storing, buying or planning of ingredients raised the growth rapidly. This reduced the preparation time. Young consumers mostly prefer these RTD beverages.

By geography, North America is projected to hold the largest market share during the forecast period owing to an increase in rising health awareness and busy lifestyle. Consumers in the region are shifting to fortified water due to more awareness and understanding of the bad effects of carbonated drinks. Moreover, on account of the rising vegan and flexitarian trend, a large number of consumers are demanding vegan beverages. These concerns raised the demand for the beverages.

Some of the key players profiled in the Ready to Drink Beverages Market include Fuze Beverage, Nestlé, Kraft Foods Group, PepsiCo, General Mills, Red Bull GmbH, Anheuser-Busch InBev, Altria Group, Coca-Cola, Diageo plc, Campbell Soup Company, Brown-Forman, Asahi Group Holdings Ltd, Pernod Ricard, Bacardi Limited, SHANGHAI BACCHUS LIQUOR CO LTD, Suntory Holdings Limited, Manchester Drinks Company Ltd, Rebbl INC, Halewood Wines & Spirits, Keurig Dr Pepper Inc

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By Products Types:
• Coffee
• Tea
• Fortified Water
• Yogurt Drinks
• Energy Drinks
• Non Dairy Based Beverages
• Fruit & Vegetable Juices
• Probiotic Drinks
• Sports Drinks
• Dairy Based Beverages
• Others Product Types

By Natures:
• Conventional
• Organic
• Other Natures

By Distribution Channels:
• Supermarkets
• Hypermarkets
• Independent Grocery Stores
• Convenience Stores
• Online Retail
• Specialty Stores
• Other Distribution Channels

By Packagings:
• Tin Can
• Tetra Pack
• Bottle
• Sachet
• Other Packagings

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
● Company Profiling
● Comprehensive profiling of additional market players (up to 3)
● SWOT Analysis of key players (up to 3)
● Regional Segmentation
● Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
● Competitive Benchmarking
● Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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