The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The non-alcoholic RTD beverage industry is predicted to develop in the future due to rising demand for non-alcoholic beverages.

The global non-alcoholic RTD beverages market 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 market is expected to reach $1282.56 billion in 2027 at a CAGR of 6.09%.

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Global Non-Alcoholic RTD Beverages Market Segments Include:

• By Product Type: Functional Beverages, Carbonated Soft Drinks, Tea And Coffee, Fruits And Vegetable Juice, Bottled Water, Dairy Based Beverages, Other Products
• Packaging Type: Bottles, Cans, Other Packaging Types
• By Distribution Channel: Supermarkets And Hypermarkets, Specialty Stores, Convenience Stores, Online Retail, Other Distribution Channels
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global non-alcoholic RTD beverages market in 2021.

Major Market Players in the non-alcoholic RTD beverages market PepsiCo Inc., The Coca-Cola Company, Nestle S.A., Keurig Dr Pepper Inc., Red Bull GmbH, Suntory Holdings Limited, Danone S.A.

Product innovation is a prevalent trend in the non-alcoholic RTD beverage market. Major firms in the non-alcoholic RTD beverage market are producing innovative products to strengthen their market position. Chamberlain Coffee, a US-based organic coffee company, for example, debuted a new range of ready-to-drink (RTD) plant-based Cold Brew Lattes in April 2023. A mocha latte, a cinnamon bun latte, a vanilla latte, and a conventional cold brew are among the unique product flavour lineups. Each flavour is dairy-free, made with almond milk and coconut cream, and is naturally sweetened with no preservatives or artificial colours, flavours, or sweeteners. It also contains date syrup, which has only 1 gramme of sugar per serving.

The Non-Alcoholic RTD Beverages Global Market Report 2023  provides a non-alcoholic RTD beverages market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The non-alcoholic RTD beverages market forecast analyzes non-alcoholic RTD beverages market size, non-alcoholic RTD beverages market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Non-alcoholic RTD beverages are those that are ready to drink but do not contain alcohol. These beverages hydrate the body while also providing critical nutrients and vitamins. These beverages are frequently available in pubs, restaurants, hotels, and liquor stores.

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