The global ready to drink tea and coffee market size was estimated at USD 103.62 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 6.2% from 2023 to 2030. The increasing prevalence of on-the-go consumption, particularly among the urban population and younger demographic, has significantly contributed to its market growth
Read More »July 18, 2023
The global non-alcoholic RTD beverages market size was estimated at USD 931.18 billion in 2023 and is expected to grow at a CAGR of 6.5% from 2024 to 2030. The global market is experiencing robust growth, driven by several key factors. Firstly, the increasing consumer awareness and preference for healthier beverage options are contributing significantly to the market expansion.
Read More »April 22, 2024
The global ready to drink shakes market size was valued at USD 9.81 billion in 2023 and is projected to grow at a CAGR of 6.1% from 2024 to 2030. Increasing awareness & focus on health & fitness and the growing inclination of customers towards healthy and easy to consume beverages are driving the market growth.
Read More »August 22, 2024
The U.S. RTD organic tea market size was valued at USD 2.19 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 4.4% from 2021 to 2028. The rising need for convenience is expected to boost the demand for various ready-to-drink (RTD) products over the forecast period. Rapidly changing consumer lifestyles that encourage on-the-go consumption of food and beverages and a growing trend to replace meals with smaller nutritional snacks have led to an increase in the adoption of ready-to-drink tea.
Read More »November 18, 2021
The global matcha tea market size to be valued at USD 2.26 billion by 2025 and is expected to grow at a compound annual growth rate (CAGR) of 4.7% during the forecast period. Rising awareness regarding the health and fitness of the product coupled with the popularity of healthy beverages rich with antioxidants and vitamins is projected to boost the growth. Furthermore, rising demand for nutrient-rich, organic, and natural products is projected to fuel the demand.
Read More »June 28, 2022
The global bottled RTD cocktails market size was valued at USD 605.9 million in 2023 and is expected to grow at a CAGR of 15.8% from 2024 to 2030. Modern consumers lead increasingly busy lives and are seeking products that offer ease of use without compromising on quality. Bottled RTD cocktails provide a perfect solution by offering the flavors and sophistication of handcrafted cocktails without the need for complex preparation. This is particularly attractive for those who want to enjoy a high-quality cocktail at home or on the go.
Read More »September 18, 2024
The global canned RTD cocktails market size was estimated at USD 2,190.6 million in 2023 and is projected to grow at a CAGR of 15.3% from 2024 to 2030. One of the key drivers of the market growth is the increasing consumer demand for convenience. Canned RTD cocktails offer the luxury of portability, allowing consumers to enjoy pre-mixed, ready-to-consume cocktails without the need for additional preparation or bartending skills.
Read More »September 18, 2024
The global ready to drink premixes market size was valued at USD 18.34 billion in 2018 and is estimated to expand at a CAGR of 4.5% over the forecast period. Increasing popularity of Ready-To-Drink (RTD) beverages and demand for high strength premixes are projected to drive the market. Moreover, changing lifestyles and demand for low alcohol content flavored drinks are expected to fuel the RTD/high strength premixes market growth further. The rising popularity of healthy alcoholic drinks is also driving product demand.
Read More »August 27, 2019
The global non-carbonated soft drinks market size was valued at USD 130.76 billion in 2021 and is expected to expand at a CAGR of 6.9% from 2022 to 2028. Availability of a variety of non-carbonated drinks, increasing per capita income, and a growing consumer base are expected to promote the non-carbonated soft drinks market growth. Additionally, changing lifestyle encourages the citizens to consume Ready to Drink (RTD) which replaces solid food and satisfies the need of nutritious need of the body. Moreover, multiple key vendors are investing in R&D for improving the production of the food and beverages industry.
Read More »May 2, 2022
The global caffeinated beverage market size was valued at USD 256.26 billion in 2023 and is projected to grow at a CAGR of 5.2% from 2024 to 2030. Rising awareness about the health benefits of caffeine drinks, such as increased market and strength, is expected to boost product demand, thereby augmenting the market growth. Moreover, rising income levels and improved standards of living in emerging regions, such as China and India, are anticipated to positively influence market growth.
Read More »October 11, 2024