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What is the current size and annual growth rate of the ready to drink (rtd) alcoholic beverages market?_x000D_
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The ready to drink (RTD) alcoholic beverages market size has grown strongly in recent years. It will grow from $23.13 billion in 2024 to $25.29 billion in 2025 at a compound annual growth rate (CAGR) of 9.4%. The growth in the historic period can be attributed to increase the inclination toward evolving RTD pre-mixes, rise of the millennial consumer, changing consumer preferences, growing consumer interest in health and wellness, and growing popularity of low spirit beverages._x000D_
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The ready to drink (RTD) alcoholic beverages market size is expected to see strong growth in the next few years. It will grow to $35.73 billion in 2029 at a compound annual growth rate (CAGR) of 9.0%. The growth in the forecast period can be attributed to increasing disposable income, increasing emphasis on offering high-quality products and services, increasing awareness among consumers about the harmful effects, increasing primarily due to product-related convenience factors. Major trends in the forecast period include product innovation, technology-driven personalization, beverage development and sourcing, health and wellness trends, and diversified flavors and premiumization._x000D_
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What are the top drivers to the rising demand in the ready to drink (rtd) alcoholic beverages market?_x000D_
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The growing popularity of low-alcohol and no-alcohol drinks is expected to propel the growth of the ready-to-drink (RTD) alcoholic beverage market going forward. Low-alcohol and no-alcohol drinks are beverages that contain little to no alcohol content, catering to individuals who prefer to reduce or eliminate their alcohol consumption. The growing popularity of low-alcohol and no-alcohol drinks is due to increasing awareness about the health risks, mindful drinking movement, and growing cultural acceptance and preference for sober socializing. RTD beverages help expand the market for low-alcohol and no-alcohol drinks by providing convenient, consistent, and enjoyable alternatives that cater to modern consumers’ evolving preferences and lifestyles. For instance, in February 2023, according to Monster Beverage Corporation, a US-based beverage company that manufactures energy drinks, net sales for the company’s monster energy drinks segment increased 2.6 % to $1.39 billion for the 2022 fourth quarter from $1.35 billion for the 2021 fourth quarter. Therefore, the growing popularity of low-alcohol and no-alcohol drinks drives the ready-to-drink (RTD) alcoholic beverages market._x000D_
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How is the ready to drink (rtd) alcoholic beverages market segmented?_x000D_
The ready to drink (RTD) alcoholic beverages market covered in this report is segmented – _x000D_
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1) By Type: Alcopop, Cocktail Pre-Mixes, Bottled Cocktails_x000D_
2) By Flavor: Regular, Flavored_x000D_
3) By Packaging Type: Bottle, Can, Other Packaging Types_x000D_
4) By Distribution channel: Supermarkets And Hypermarkets, Specialty Stores, Convenience Stores, Online Retail, On-Premise, Other Distribution Channels_x000D_
5) By End User: Residential Or Retail, Commercial Or HoReCa_x000D_
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Subsegments:_x000D_
1) By Alcopop: Malt-Based Alcopop, Spirit-Based Alcopop, Wine-Based Alcopop _x000D_
2) By Cocktail Pre-Mixes: Spirit-Based Pre-Mixes, Wine-Based Pre-Mixes, Malt-Based Pre-Mixes _x000D_
3) By Bottled Cocktails: Spirit-Based Bottled Cocktails, Wine-Based Bottled Cocktails_x000D_
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Who are the top competitors in the ready to drink (rtd) alcoholic beverages market?_x000D_
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Major companies operating in the ready to drink (RTD) alcoholic beverages market are Anheuser-Busch Inbev SA, CocaCola Company, Diageo plc, Asahi Group Holdings Ltd., Kirin Holdings Company Ltd., Pernod Ricard, Molson Coors Beverage Company (TAP), Carlsberg AS, Suntory Group, Constellation Brands Inc., Brown-Forman Corporation, Campari Group, Davide Campari Milano N.V., Boston Beer Company Inc., PepsiCo Inc., La Martiniquaise, Heineken Holding N.V.’s, Krombacher Brewery, Rémy Cointreau USA Inc., Beam Suntory Inc., Mark Anthony Group Inc., Mike’s Hard Lemonade Co., Bacardi Limited, Tails Cocktails _x000D_
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What significant trends should we anticipate in the ready to drink (rtd) alcoholic beverages market over the forecast period?_x000D_
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Major companies operating in the ready-to-drink alcoholic beverages market are developing innovative products, such as premium ready-to-drink cocktails, to cater to the growing wellness-oriented and convenience-focused market. Premium ready-to-drink (RTD) cocktails are high-quality, pre-mixed alcoholic beverages that combine convenience with superior ingredients and craftsmanship designed to offer a sophisticated drinking experience akin to what one might expect from a professionally made cocktail at a bar. For instance, in October 2023, Diageo, a UK-based beverages company, launched the Cocktail Collection, a line of premium ready-to-drink (RTD) cocktails in the US and UK markets. These RTD cocktails are designed to provide consumers with a convenient and elevated way to enjoy premium cocktails at home without the hassle of mixing them from scratch. Each 500ml bottle contains five servings, while 100ml cans are also available._x000D_
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Which regional trends are influencing the ready to drink (rtd) alcoholic beverages market, and which area dominates the industry?_x000D_
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Europe was the largest region in the ready to drink (RTD) alcoholic beverages Market in 2024. The regions covered in the ready to drink (RTD) alcoholic beverages market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa._x000D_
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What Does The Ready To Drink (RTD) Alcoholic Beverages Market Report 2025 Offer?_x000D_
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The ready to drink (rtd) alcoholic beverages market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities._x000D_
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Ready-to-drink (RTD) alcoholic beverages are pre-mixed drinks that are packaged and sold in a ready-to-consume format. These beverages typically combine alcohol with mixers such as soda, juice, or other flavorings and are packaged in convenient, portable containers._x000D_
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