The Business Research Company’s report on the Non-Alcoholic RTD Beverages Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
Which emerging drivers are set to accelerate the growth of the non-alcoholic rtd beverages market further?
Surging demand for non-alcoholic beverages is expected to propel the growth of the non-alcoholic RTD beverage market going forward. A non-alcoholic beverage refers to a drink that does not contain alcohol. Nowadays, consumers prefer non-alcoholic beverages in favor of alcoholic ones as they seek to improve their health. Non-alcoholic beverage manufacturers are producing a wide range of ready-to-drink non-alcoholic beverages that improve physical health and mental well-being, hydrate them, and offer vital nutrients and vitamins, so these factors boost the non-alcoholic RTD beverage market. For instance, in December 2022, according to the United States Department of Agriculture (USDA), a US-based federal agency, non-alcoholic beverage export sales from the US totaled $11.4 million in 2021 and increased to $13.6 million in 2022, a 20% increase. Therefore, surging demand for non-alcoholic beverages is driving the non-alcoholic RTD beverage market.
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What are the key factors influencing the forecasted market size of the non-alcoholic rtd beverages industry?
The non-alcoholic RTD beverages market size has grown strongly in recent years. It will grow from$1079.66 billion in 2024 to $1150.12 billion in 2025 at a compound annual growth rate (CAGR) of 6.5%. The growth in the historic period can be attributed to parental preference for home care, cost-effectiveness, shorter hospital stays, focus on family-centered care, advances in home medical equipment, increased pediatric population
The non-alcoholic RTD beverages market size is expected to see strong growth in the next few years. It will grow to “$1466.88 billion in 2029 at a compound annual growth rate (CAGR) of 6.3%. The growth in the forecast period can be attributed to rising awareness and education, shift toward value-based care, pediatric home infusion therapy, government initiatives and support, chronic disease management. Major trends in the forecast period include personalized medicine, pediatric home respiratory care, telehealth integration, specialized pediatric services, care coordination and case management.
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Who are the leading competitors in the non-alcoholic rtd beverages market?
Major companies operating in the non-alcoholic RTD beverages market include PepsiCo Inc., The Coca-Cola Company, Nestle S.A., Keurig Dr Pepper Inc., Red Bull GmbH, Suntory Holdings Limited, Danone S.A., Monster Beverage Corporation, Asahi Group Holdings Ltd., Reeds Inc., Starbucks Corporation, Lotte Chilsung Beverage Co. Ltd., Pokka Sapporo Food And Beverage Ltd., Yakult Honsha Co. Ltd., Califia Farms LLC, Bai Brands LLC, Hint Water Inc., Lifeway Foods Inc., Health-Ade LLC, Ocean Spray Cranberries Inc., Welch Foods Inc., Sunny Delight Beverages Company, The J.M. Smucker Company, The Kraft Heinz Company, The Hershey Company, The Campbell Soup Company, The Kellogg Company, Arizona beverage Company, Innocent drinks Ltd.
Which emerging trends are set to transform the non-alcoholic rtd beverages market landscape?
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.
How do different geographies compare in terms of market share and growth potential in the non-alcoholic rtd beverages market?
Asia-Pacific was the largest region in the non-alcoholic RTD beverages market in 2024. Asia-Pacific is expected to be the fastest-growing region in the global non-alcoholic RTD beverages market during the forecast period. The regions covered in the non-alcoholic RTD beverages market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Which major segments of the non-alcoholic rtd beverages market are experiencing the fastest growth?
The non-alcoholic RTD beverages market covered in this report is segmented –
1) By Product Type: Functional Beverages, Carbonated Soft Drinks, Tea And Coffee, Fruits And Vegetable Juice, Bottled Water, Dairy Based Beverages, Other Products
2) By Packaging Type: Bottles, Cans, Other Packaging Types
3) By Distribution Channel: Super markets And Hyper markets, Specialty Stores, Convenience Stores, Online Retail, Other Distribution Channels
Subsegments:
1) By Functional Beverages: Energy Drinks, Sports Drinks, Nutraceutical Beverages, Enhanced Water
2) By Carbonated Soft Drinks: Regular Carbonated Soft Drinks, Diet Carbonated Soft Drinks, Flavored Carbonated Soft Drinks
3) By Tea and Coffee: Iced Tea, Iced Coffee, Ready-To-Drink Coffee Beverages, Herbal Tea
4) By Fruits and Vegetable Juice: 100% Fruit Juice, Fruit Juice Blends, Vegetable Juice, Smoothies
5) By Bottled Water: Spring Water, Purified Water, Mineral Water, Flavored Water
6) By Dairy-Based Beverages: Flavored Milk, Yogurt Drinks, Milkshakes
7) Other Products: Ready-To-Drink Soup, Plant-Based Beverages, Probiotic Drinks
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How is the non-alcoholic rtd beverages market defined, and what are its core characteristics?
Non-alcoholic RTD beverages refers to ready to drink beverages that are free from alcohol. These drinks hydrate, and some offer vital nutrients and vitamins that the body requires. These drinks are widely available in bars, restaurants, hotels, and beverage stores.
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