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The RTD Beverages Market is projected to reach $1,582.7 billion by 2031, at a CAGR of 6.8% during the forecast period 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, the growing availability of alcoholic RTD beverages and the rapid growth of the retail sector are expected to generate growth opportunities for the players operating in the RTD beverages market.
Here are the top 10 companies operating in the RTD Beverages Market
Founded in 1866 and headquartered in Vevey, Switzerland, Nestlé manufactures and markets a wide range of food and beverage products. Its product line includes milk, chocolate, confectionery, bottled water, coffee, creamer, seasoning, frozen food, and pet foods. The company operates through seven business segments, namely Powdered and Liquid Beverages; PetCare; Nutrition and Health Science; Prepared Dishes and Cooking Aids; Milk Products and Ice Cream; Confectionery; and Water. Nestlé offers ready-to-drink beverages through its brands, such as S.Pellegrino, Perrier, and Acqua Panna, Nestlé Pure Life, Nesquik, Nestea Iced Tea, Milo, Nescafé, and Wunda.
With its subsidiaries and a strong distribution network in over 186 countries, Nestlé has a geographic presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
The Coca-Cola Company (U.S.)
Founded in 1892 and headquartered in Georgia, U.S., Coca-Cola manufactures and markets beverages. The company operates through nine business segments, namely Coca-Cola; Sparkling Flavors; Hydration; Sports; Coffee and Tea; Nutrition; Juice; Dairy and Plant-based Beverages; and Emerging Beverages. The company`s portfolio of sparkling soft drink brands includes Coca-Cola, Sprite, and Fanta. Water, sports, coffee, and tea brands include Dasani, smartwater, vitaminwater, Topo Chico, BODYARMOR, Powerade, Costa, Georgia, Gold Peak, and Ayataka. Also, Juice, value-added dairy, and plant-based beverage brands include Minute Maid, Simply, innocent, Del Valle, fairlife and AdeS.
The company has ~200 bottling partners and ~950 bottling plants. With its subsidiaries and strong distribution network in more than 200 countries, it has a geographical presence in North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.
Founded in 1965 and headquartered in New York, U.S., PepsiCo manufactures, markets, and sells snacks, carbonated and noncarbonated beverages, and food items globally. The company operates through seven business segments, namely, PepsiCo Beverages North America; Frito-Lay North America; Europe; Latin America; Africa, Middle East and South Asia; Asia-Pacific, Australia and New Zealand and China Region; and Quaker Foods North America. PepsiCo offers ready-to-drink beverages through its brands, such as Quaker, Health Warrior, Soulboost, Dole, Gatorade, KeVita, Mountain Dew, Muscle Milk, Naked, Sobe, Tropicana, Yachak, and Rockstar Energy, among others.
With its subsidiaries and a strong distribution network in over 200 countries, PepsiCo has a geographic presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
Keurig Dr Pepper, Inc. (U.S.)
Founded in 2018 and headquartered in Texas, U.S., Keurig Dr Pepper, Inc. manufactures and markets non-alcoholic beverages. The company operates through three business segments, namely Ready-to-Drink, Ready-to-Brew, and Ready-to-Eat. The company’s product portfolio includes coffees, carbonated soft drinks, ready-to-drink tea, water, juices, and juice drinks and mixers.
The company also owns and markets its products under more than 125 beverage brands.
With its subsidiaries and strong distribution network, the company has a geographical presence across North America, Europe, Asia, Oceania, and Japan.
Meticulous Research in its latest publication on RTD Beverages Market has predicted the growth of 6.8% during the forecast year 2024-2031.
Founded in 1888 and headquartered in Illinois, U.S., Abbott Laboratories is engaged in discovering, developing, manufacturing, and marketing a broad range of healthcare products. The company’s key business segments include Established Pharmaceutical Products, Diagnostics Products, Nutritional Products, and Medical Devices. The company operates in the RTD beverages market through the nutritional products segment. Abbott provides RTD beverages through its brands, such as Ensure, Glucerna, Pedialyte, PediaSure, and Grow, among others.
The company has a geographical presence in more than 160 countries across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
Danone S.A. (France)
Founded in 1919 and headquartered in Paris, France, Danone is engaged in the developing, manufacturing, and selling of dairy and nutritional products. The company operates through three business segments, namely Essential Dairy and Plant-based, Specialized Nutrition, and Waters. The company’s brand portfolio includes both international brands (Activia, Actimel, Alpro, Danette, Danonino, Danio, evian, Volvic, Nutrilon/Aptamil, and Nutricia) and local brands (Aqua, Blédina, Cow & Gate, Bonafont, Horizon Organic, Mizone, Oikos, Prostokvashino, Silk, and Vega). The company offers RTD beverages through its Essential Dairy and Plant-based and Waters segment.
With its subsidiaries and a strong distribution network in over 120 countries, the company has a geographical presence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
Founded in 1992 and headquartered in New York, U.S., AriZona Beverages manufactures and markets a wide range of beverages. The company operates through six business segments: Drinks, Coffee, Mixes, Snacks, Merch, and 21+. Its product offering includes carbonated beverages, coconut water, coffee, tea, energy drinks, juices, low-calorie drinks, and water enhancers.
AriZona has a geographic presence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
Suntory Holdings Ltd. (Japan)
Founded in 1899 and headquartered in Tokyo, Japan. Suntory Holdings Ltd. manufactures and markets food, health and wellness products, and alcoholic and non-alcoholic beverages. Its product offering includes ready-to-eat foods, health foods, mineral water, coffee, tea, juices, beer, whisky, spirits, ice creams, and wine. The company markets these products under various brands, including Premium Malt’s, Kakubin, Hibiki, Yamazaki, Hakushu, Jim Beam, Suntory Tennensui, and BOSS, among others. Adding to this, the company also offers health supplements, cosmetics, and creams.
With its subsidiaries and strong distribution network in more than 270 countries, the company has a geographical presence across North America, Europe, Asia, Oceania, and Japan.
Founded in 1984 and headquartered in Fuschl, Austria, Red Bull GmbH is mainly engaged in the manufacturing and marketing of the Red Bull energy drink. The company operates through three categories: Red Bull Energy Drink, Red Bull Sugar Free, and Red Bull Edition.
With its subsidiaries and strong distribution network in more than 172 countries, the company has a geographical presence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
The Brown–Forman Corporation (U.S.)
Founded in 1870 and headquartered in Kentucky, U.S., Brown-Forman is mainly engaged in the manufacturing, bottling, and marketing range of alcoholic beverages, including whiskies, tequila, vodka, liqueur, scotch, gin, ready-to-drink cocktails, and wine. It also operates and manages various distilleries, wineries, bottling plants, warehouses, RTD canning plants, sawmills, retail shops, and cooperages across the U.S. and in other international markets.
With its subsidiaries and strong distribution network in more than 170 countries, with more than 25 production facilities, the company has a geographical presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
Popular Mention: Monster Beverage Corporation (U.S.), Gujarat Cooperative Milk Marketing Federation Ltd. (India), Yakult Honsha Co., Ltd. (Japan), and Asahi Group Holdings, Ltd. (Japan).
Authoritative Research on the RTD Beverages Market – Global Opportunity Analysis and Industry Forecast (2024-2031)
Need more information? Meticulous Research®’s new report covers each of these companies in much more detail, providing analysis on the following:
- Recent financial performance
- Key products
- Significant company strategies
- Partnerships and acquisitions
The Comprehensive report provides Global market size estimates, market share analysis, revenue numbers, and coverage of key issues and trends.
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