Ready to Drink (RTD) Market, by Type (Aerated Drinks, Juices, Flavored Milk, Tea, Coffee, Flavored & Fortified Water, Others), Packaging (Glass Bottle, Canned, Pet Bottle, Cartons, Others), Region - Global Trends & Forecast 2019
This report analyzes the ready to drink market, in terms of region, type, and packaging.
The global ready to drink market is dominated by North America and Europe. Asia Pacific is also one of the fastest growing markets for ready to drink products. Asia-Pacific is projected to grow at a CAGR of 7.1% from 2014-2019. Rapidly changing lifestyle and increasing disposable income are some of the major factors fueling the demand for RTD products in Asia Pacific. Emerging economies such as India, China and Singapore among others are some of the major markets for RTD variants in Asia Pacific. Owing to these factors, Asia Pacific is expected to be one of the largest markets for RTD variants in the long run. North America is expected to grow at a CAGR of 5.1% from 2014-2019.
The geographical and packaging-wise split was determined using secondary sources and verified through primary respondents. Demand in different regions was considered while estimating the market share of the different regions in the ready to drink market. The market estimation was also based on various parameters, such as the number of players, demand trends, supply trends, and the extent of research activity in a particular region
Source: Secondary Data, Primary Interviews, and MarketsandMarkets Analysis
The ready to drink market is segmented as mentioned below:-
Ready To Drink Market, by Type
• Aerated Drinks
• Juices
• Flavored Milk
• Tea
• Coffee
• Flavored & Fortified Water
• Others
By Packaging
• Glass Bottle
• Canned
• Pet Bottle
• Cartons
• Others
By Region
• North America
• Europe
• Asia-Pacific
• Rest of the World (ROW)
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Growth opportunities and latent adjacency in Ready to Drink (RTD)