Ready To Drink (RTD) Market is expected to grow at a CAGR over 7.5% post 2023

“Market Research Future Published a Half Cooked Research Report on the Global Ready To Drink Market has been estimated to grow over 7.5% post 2023”
Ready To Drink Market Information- by Type (Probiotic Drinks), by Packaging (Bottle), Distribution Channel and Region – Forecast to 2023

Market Overview

 “Ready To Drink” refers to packaged beverages that are sold in a prepared form and are ready for consumption. Unlike beverage mixes, powders, or brew-it-yourself tea or coffee products, ready-to-drink beverages can be immediately consumed upon purchase. Bottled or canned ice tea, coffee, fruit or vegetable smoothies, energy drinks, yogurt drinks and others. Consumers are aware than before of the negative side-effects of carbonated beverages, hence health cognizant consumers prefer ready to drink various natural fruit and vegetable juices.

Competitive Analysis-

The major Key Players in Ready To Drink Market are

  • Altria Group (U.S.)
  • Kraft Foods (U.S.)
  • General Mills (U.S.)
  • Campbell Soup Company (U.S.)
  • PepsiCo (U.S.)
  • Fuze Beverage (U.S.)
  • Coca-Cola (U.S.)
  • Nestlé (Switzerland)
  • Red Bull GmbH (Austria)

The demand for ready to drink has pushed manufacturers to innovate and develop new product line which are better in taste and offers various health benefits.

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Market Forecast

Introduction of new innovative products with inclusion of healthy beverages such as herbal & fruit tea are supporting the growth of this market. Global ready to drink market is mainly driven by urbanization, changing consumption pattern and rising disposable income. Rise in disposable income and consumer preferences for ‘on-the-go’ foods is driving the sales of enriched, sugar free and low calories beverages. Consumers prefer to buy ready to drink, because of convenience factor which saves time, energy and hence increasing working women population will support the growth of this market.

Table of Content

1 Executive Summary

2 Market Introduction

3 Research Methodology

4 MARKET DYNAMICS

5    MARKET TRENDS

6 MARKET FACTOR ANALYSIS

7    Market, By Type

8    Market, By Packaging 

Continued….

Regional Analysis

Global Ready To Drink Market is segmented into Europe, North America, Asia Pacific, and Rest of the World (RoW). Among this Europe region has major market share followed by North America. Urbanization and rising disposable income in Asia Pacific region is driving the demand for READY TO DRINK in that particular region. Rising number of health cognizant and the growing demand for healthy beverages especially in China and India will be the crucial factor underlining the market growth.

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Intended Audience

  • Non-dairy milk processor
  • Retailers, wholesalers
  • E-commerce companies
  • Ready To Drink manufacturers
  • Juice manufacturers
  • Dairy Industries
  • Traders, Importers and exporters

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