Global ready to drink beverage market has value US$17.3 Bn in 2020 and expected to grow with CAGR ~7% in forecast period. In the global beverages market, innovation in product is ongoing process which has helped it evolve over decades. Story of soft drinks started with simple cola flavoured soda in the 90’s and has evolved to large varieties with different properties such as with infused flavor, additional antioxidants, and various other properties. Rising flavor inspiration amongst the customers has also raised the demand for exciting flavors and more pleasant beverages in the market, which has generated various new concepts in the beverage industry, such as ready to drisnk beverages, functional beverages, infused beverage Ready to drink beverage is gaining customer’s attention with their high nutritional value and vibrant flavor due to addition of more than one component in the ready to drink beverages.
The number of COVID-19 patients is increasing across the globe because of which the governments of various countries have extended their lockdown. All companies and factories are closed in lockdown which impact the production of ready to drink beverages. There is possibility of disturbance in supply chain because of limited production of ready to drink beverages in lockdown. Moderate growth rate is expected in ready to drink beverages market in next two years as world is facing economic crises. The COVID-19 is caused by animals so consumers prefer plant based products over animal based products. The consumption of vegan ready to drink beverages is expected to grow rapidly in the forecast period.
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Recent research data suggests that the global prevalence of obesity has increased by more than 75% since 1980, while in the last twenty years it has tripled in developing countries and particularly, in low income countries. More than 1.1 billion adults are overweight, of which 312 million are obese. Thus, market players in food & beverage industry are highly focusing to embed healthy ingredients in their end products to develop insulin resistance, lower body fats and fluid lipid. In addition to this, ready to drink beverages also helps to suppress food intake together with increase in energy expenditure to reduce body fat.
READY TO DRINK BEVERAGES MARKET TAXONOMY
The global Ready to drink beverages market is segmented in detail to cover every aspect of the market and present complete market intelligence to the reader.
By Product Type
- Tea
- Coffee
- Energy Drinks
- Yogurt Drinks
- Dairy Based beverages
- Non-Dairy Based Beverages
- Fortified Water
- Others
By Nature
- Organic
- Conventional
By Packaging
- Bottle
- Tetra Pack
- Sachet
- Tin Can
- Others
By Distribution Channel
- Supermarkets/Hypermarkets
- Convenience Stores
- Grocery Stores
- Speciality Stores
- Online retail
By Region
- North America
- Latin America
- Europe
- Asia Pacific
- Oceania
- Japan
- MEA
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Table Of Content
1. Executive Summary
1.1. Market Overview
1.2. Market Analysis
1.3. FMI Analysis and Recommendations
1.4. Opportunity Matrix
2. Market Introduction
2.1. Market Definition
2.2. Market Taxonomy
3. Ready to Drink Beverages Market Background
3.1. Global Beverages Market Overview
3.2. Key Developments and Product Launches
3.3. Overview of Claims and Certifications for Beverage Products
4. Global Ready to Drink Beverages Market Analysis 2015-2019 and Forecast 2020-2030
4.1. Market Size (US$ Mn) and Forecast
4.1.1. Market Size (US$ Mn) and Y-o-Y Growth
4.1.2. Absolute $ Opportunity
5. Global Ready to Drink Beverages Market Pricing Analysis