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Non-Alcoholic RTD Beverages Market Trends

Report ID: GMI6299
Published Date: Jul 2023
Report Format: PDF

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Non-alcoholic RTD Beverages Market Trends

Consumers were increasingly seeking healthier beverage options, leading to a rise in demand for Non-Alcoholic RTD Beverages that are low in sugar, free from artificial additives, and contain functional ingredients with perceived health benefits. The trend of functional beverages, which offer additional health benefits beyond hydration, has influenced the Non-Alcoholic RTD Beverages industry. Functional ingredients like vitamins, antioxidants, probiotics, and herbal extracts were being incorporated into beverages to appeal to health-conscious consumers. Consumers were showing a preference for beverages made with natural ingredients and clean labels.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Market size for non-alcoholic RTD beverages was valued at USD 720.5 billion in 2022 and is estimated to reach USD 1327.1 billion by 2032 driven by the increasing consumer focus on health and wellness.

Non-alcoholic RTD beverages industry size from the carbonated drinks segment generated USD 489.94 billion in 2022 and is set to witness notable growth up to 2032 driven by their refreshing and effervescent nature.

U.S. non-alcoholic RTD beverages was USD 117.7 billion in 2022 and is anticipated to expand at a notable CAGR from 2023-2032 owing to the increasing number of health-conscious consumers and the growing demand for healthier beverage options.

Some leading firms in the non-alcoholic RTD beverages are The Coca-Cola Company, PepsiCo, Inc., Keurig Dr Pepper Inc., Nestlé S.A., Danone S.A., Monster Beverage Corporation, Red Bull GmbH, Starbucks Corporation, The Kraft Heinz Company, Unilever N.V, and Campbell Soup Company