Global Ready to Drink Beverages Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Ready to Drink Beverages Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Product Type (Tea, Coffee, Energy Drinks, Yogurt Drinks, Dairy and Dairy Alternative Beverages, Flavored & Fortified Water, and Other Product Types), Distribution Channel (Supermarkets/Hypermarkets, Convenience/Grocery Stores, Online Stores, Specialty Retail Stores, and Other Distribution Channels), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Ready to Drink Beverages Market was valued at USD 329,847.0 million in 2023 and is expected to reach USD 479,957.5 million by 2031 while growing at a CAGR of 4.8% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global ready to drink beverages market growth. Ready-to-drink (RTD) beverages are pre-packaged for instant consumption, offering convenience and portability by eliminating the need for any additional preparation or mixing.
Increasing continuous product innovation, incorporating new flavors, ingredients, and packaging formats, and changing consumer lifestyles propel the growth of the ready-to-drink (RTD) beverages market. However, obstacles like health concerns, sugar content, and stringent regulations in food and beverage manufacturing, labeling, and marketing may impede market expansion.
Furthermore, the global ready to drink beverages industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Product Type Analysis
The Global Ready to Drink Beverages Market is segmented among Tea, Coffee, Energy Drinks, Yogurt Drinks, Dairy and Dairy Alternative Beverages, Flavored & Fortified Water, and Other Product Types, based on Product Type. In 2023, Tea accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Distribution Channel Analysis
The Global Ready to Drink Beverages Market is segmented among Supermarkets/Hypermarkets, Convenience/Grocery Stores, Online Stores, Specialty Retail Stores, and Other Distribution Channels, based on Distribution Channel. In 2023, Supermarkets/Hypermarkets accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Ready to Drink Beverages Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Europe dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are Red Bull GmbH, Pepsico Inc., Monster Beverage Corporation, The Coca-Cola Company, Yakult Honsha Co. Ltd, Nestle SA, Danone SA, Suntory Holdings Limited, Blue Diamond Growers, and Dabur India Limited.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Ready to Drink Beverages Market Dynamics
Drivers
Restraints
Opportunity
4. Global Ready to Drink Beverages Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Ready to Drink Beverages Market Segmentation, By Product Type
Global Ready to Drink Beverages Market Share Analysis, By Product Type
Global Ready to Drink Beverages Market Growth Analysis, By Product Type
Global Ready to Drink Beverages Market Trends, By Product Type
o Tea
o Coffee
o Energy Drinks
o Yogurt Drinks
o Dairy and Dairy Alternative Beverages
o Flavored & Fortified Water
o Other Product Types
6. Global Ready to Drink Beverages Market Segmentation, By Distribution Channel
Global Ready to Drink Beverages Market Share Analysis, By Distribution Channel
Global Ready to Drink Beverages Market Growth Analysis, By Distribution Channel
Global Ready to Drink Beverages Market Trends, By Distribution Channel
o Supermarkets/Hypermarkets
o Convenience/Grocery Stores
o Online Stores
o Specialty Retail Stores
o Other Distribution Channels
7. Global Ready to Drink Beverages Market Segmentation, By Region
Global Ready to Drink Beverages Market Share Analysis, By Region
Global Ready to Drink Beverages Market Growth Analysis, By Region
Global Ready to Drink Beverages Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
8. Competitive Landscape
Red Bull GmbH*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
Pepsico Inc
Monster Beverage Corporation
The Coca-Cola Company
Yakult Honsha Co. Ltd
Nestle SA
Danone SA
Suntory Holdings Limited
Blue Diamond Growers
Dabur India Limited
*Similar analysis will be provided for each company listed above.