The Non-Alcoholic RTD Beverages Global Market Report 2023, provides comprehensive information on the non-alcoholic RTD beverages market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Non-Alcoholic RTD Beverages Global Market Report 2023, the global non-alcoholic RTD beverages market size is expected to grow from $944.87 billion in 2022 to $1012.52 billion in 2023 at a compound annual growth rate (CAGR) of 7.16%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, and affecting many every markets across the globe. The global non-alcoholic RTD beverages market size is expected to reach $1282.56 billion in 2027 at a CAGR of 6.09%.
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Product innovation is a key trend gaining popularity in the non-alcoholic RTD beverage market. Major companies operating in the non-alcoholic RTD beverage market are developing innovative products to strengthen their position in the market. For instance, in April 2023, Chamberlain Coffee, a US-based organic coffee manufacturer, launched a new line of ready-to-drink (RTD) plant-based Cold Brew Lattes. These innovative product flavor line-ups include a mocha latte, a cinnamon bun latte, a vanilla latte, and a traditional cold brew. Each of the four flavors is dairy-free, prepared with almond milk and coconut cream, and naturally sweetened with no preservatives and no artificial colors, flavors, or sweeteners. Additionally, it contains date syrup, which contains only 1 gram of sugar per serving.
The non-alcoholic RTD beverages market is segmented:
- By Product Type: Functional Beverages, Carbonated Soft Drinks, Tea And Coffee, Fruits And Vegetable Juice, Bottled Water, Dairy Based Beverages, Other Products
2) Packaging Type: Bottles, Cans, Other Packaging Types
3) By Distribution Channel: Supermarkets And Hypermarkets, Specialty Stores, Convenience Stores, Online Retail, Other Distribution Channels
Asia-Pacific was the largest region in the non-alcoholic RTD beverages market in 2022.
The table of contents in TBRC’s non-alcoholic RTD beverages market report includes:
1.. Executive Summary
- Non-Alcoholic RTD Beverages Market Characteristics
- Non-Alcoholic RTD Beverages Market Trends And Strategies
- Non-Alcoholic RTD Beverages Market – Macro Economic Scenario
- Non-Alcoholic RTD Beverages Market Size And Growth
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- Africa Non-Alcoholic RTD Beverages Market
- Non-Alcoholic RTD Beverages Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Non-Alcoholic RTD Beverages Market
- Non-Alcoholic RTD Beverages Market Future Outlook and Potential Analysis
- Appendix
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