Ready To Drink Cocktails Market Size, Share, and Analysis, By Type (Malt-Based, Spirit-Based, Wine-Based), By Cocktail Type (Margarita, Cosmopolitan, Manhattan, Martini, Others), By Packaging (Cans, Bottles, Goon Bags), By Distribution Channel (Hypermarke

Ready To Drink Cocktails Market Size, Share, and Analysis, By Type (Malt-Based, Spirit-Based, Wine-Based), By Cocktail Type (Margarita, Cosmopolitan, Manhattan, Martini, Others), By Packaging (Cans, Bottles, Goon Bags), By Distribution Channel (Hypermarkets/Supermarkets, Liquor Stores, Online) and Regional Forecasts, 2022-2032

PRODUCT OVERVIEW

Ready To Drink Cocktails Market size was USD 795.5 million in 2021 and projected to grow from USD 1025.9 million in 2023 to USD 3281.3 million by 2032, exhibiting a CAGR of 13.8% during the forecast period.

Ready-to-drink cocktails are single-serve, pre-packaged, and ready for drinking. RTD cocktails provide customers a handy way to enjoy their preferred alcoholic beverages without going to a restaurant or bar as busy routines increasingly trend toward easy-going experiences at home. RTDs make it simple to serve cocktails to guests with the growth of ‘home cocktail culture’. RTDs are becoming more and more popular due to their increasing variety and quality.

MARKET HIGHLIGHTS

Ready To Drink Cocktails Market is expected to reach USD 3281.3 million, growing at a CAGR of 13.8% during the forecast period owing to the increasing demand for flavored beverages or drinks having low content of alcohol due to the growing health worries. The industry is also expected to be driven by the premiumization of the drinks through taste, flavors, package design, and quality.

Ready To Drink Cocktails Market Segments:

• Type
• Malt-Based
• Spirit-Based
• Wine-Based
• Cocktail Type
• Margarita
• Cosmopolitan
• Manhattan
• Martini
• Others
• Packaging
• Cans
• Bottles
• Goon Bags
• Distribution Channel
• Hypermarkets/Supermarkets
• Liquor Stores
• Online

MARKET DYNAMICS

Growth Drivers

Increasing Demand for Flavoured Drinks Containing Low Alcohol Amount is Expected to Boost the Market Growth

Growing Pattern in the Online Sales of RTD Drinks is Expected to Boost the Market Growth

Restraint

Growing Use of Pre-Mix RTD Alcoholic Beverages to Restrain the Market Growth

Key Players

• The Coca-Cola Company
• Suntory Holdings Limited
• Asahi Group Holdings Ltd.
• Diageo plc
• Pernod Ricard
• Molson Coors Beverage Company
• Constellation Brands Inc.
• Bacardi Limited
• Brown-Forman
• Campari Group
• The Boston Beer Company Inc.
• The Mike's Hard Lemonade Company
• Cutwater Spirits
• BevSource
• Manchester Drinks Company Ltd.
• Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)

Global Laboratory Temperature Control Units Market is further segmented by region into:

• North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
• Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
• Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
• Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
• Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA

Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 3-month post-sales analyst support.

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