Global Ready to Drink Beverages Market Overview:
Ready to Drink Beverages drinks available in packaged form. Such beverages come in different compositions both in alcoholic and non-alcoholic forms. The ease of convenience, lifestyle changes, increasing disposable income, and a large variety of options have led to the growth of the ready-to-drink beverages market. With the increasing consciousness about health, the demand for beverages with natural, organic ingredients has increased. Rising Obesity in North America and Europe has also led to people demanding more diet-friendly products such as low calorie, low sugar or no sugar beverages. Geographically, Asia Pacific is the biggest market with Europe and North America following the lead. Some of the players profiled in the study are PepsiCo, Inc. (United States), Coca-Cola Company (United States), Nestlé S.A. (Switzerland), Cargill Inc. (United States), Diageo plc (United Kingdom), Red Bull GmbH (Austria), Danone S.A. (France), Anheuser-Busch Inbev (Belgium), Dr Pepper Snapple Group (United States) and Unilever plc (United Kingdom).
On the basis of geography, the market of Ready to Drink Beverages has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channels, the sub-segment i.e. Online (E-Commerce Stores) will boost the Ready to Drink Beverages market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Packaging, the sub-segment i.e. Aluminum Cans will boost the Ready to Drink Beverages market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sugar Content, the sub-segment i.e. Regular will boost the Ready to Drink Beverages market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- Rising Disposable Income
- Growth of E-Commerce Stores and their Increased Penetration in the Market
- Change in Lifestyle of People due to Rise of Urbanisation Culture
- The Emergence of Food and Beverages Delivery Companies
- Hard Seltzers are rising in Demand in Alcoholic Beverages Segment
- Energy Drinks, Diet Conscious Drinks, and Healthy-Organic Drinks are Becoming Popular
- Presence of Counterfeit Products in the Market
- Increasing Stringent and Complex Government Regulations
- Strategic Partnerships with Fast Food Chains
- Intense Competition in the Market Especially from the Local Players
- Continuous Innovation Required in Product and Marketing
Key Market Developments:
In 2021, Nestlé USA, the industry leader in the food and beverages industry in North America has announced the acquisition of Essentia Water. The acquisition is aimed at expanding Nestle’s Global Water Business Portfolio. Additionally, in 2020, PepsiCo, Inc., Multinational Food and Beverages Giant announced its plans to acquire Rockstar Energy Beverages with the signing of an agreement. The acquisition was fuelled by rising demand in the functional beverages segment.
In 2021, PepsiCo, Inc., Global Giant in Beverages Industry announced that it will launch a new Permanent Flavoured Drink, Pepsi Mango, a mix of cola and tropical fruit flavor in India in 2021. Additionally, in 2020, Coca-Cola India, a subsidiary of Multinational Food and Beverages Giant Coca-Cola Company, launched 2 new products under its minute maid brand called Vita Punch and Nutri Force, to meet the growing demand for fruit-based ready to drink beverages.
United States FDA has Established Current Good Manufacturing Practices (CGMPs) for Carbonated Soft Drink Manufacturers, all Additives and Ingredients in Conventional Food such as Ready to Drink Beverages must be Pre-Approved by FDA.
Ready to Drink Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, New Entrants/Investors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-Use Industries and Others
Major Objectives Focused through this Study
To define, describe, and forecast the Global Ready to Drink Beverages market on the basis of product [Alcoholic (Alcopop, Beer, Others) and Non-Alcoholic (Drinking Water, Tea, Coffee, Soft Drinks, Energy Drinks, Drinkable Yoghurt, Others)] , application , key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Ready to Drink Beverages market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Ready to Drink Beverages industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are Hangzhou Wahaha Group Co., Ltd. (China), Parle Agro (India) and Monster Beverage Corporation (United States).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Ready to Drink Beverages market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.