RTD Beverages Market to be Worth $1,582.7 Billion by 2031
Meticulous Research ® —a leading global market research company, published a research report titled ‘ RTD Beverages Market by Product Type (Alcoholic and Non-alcoholic [Flavored, Tea, Coffee, Juices, Nectars, Dairy, Soft Drinks, Energy Drinks]), Packaging Type (Bottles, Cans), Distribution Channel (Supermarkets, E-commerce)—Global Forecast to 2031.’ According to this latest publication from Meticulous Research ® , the RTD beverages market is projected to reach $1,582.7 billion by 2031 , at a CAGR of 6.8% from 2024–2031. The growth of the RTD beverages market is mainly driven by the rising consumption of sports & performance drinks, growing demand for functional beverages, beverage manufacturers’ increasing focus on product innovation, convenience, and easy portability of RTD beverages, and lifestyle changes leading to the increased incidence of chronic diseases. However, the high prices of RTD beverages are expected to hinder the growth of this market. Furthermore, ...