RTD/High Strength Premixes
Global RTD / High Strength Premixes Market to Reach $25.6 Billion by 2027
In the changed post COVID-19 business landscape, the global market for RTD / High Strength Premixes estimated at US$19.3 Billion in the year 2020, is projected to reach a revised size of US$25.6 Billion by 2027, growing at aCAGR of 4.1% over the period 2020-2027. RTDs, one of the segments analyzed in the report, is projected to record 4.4% CAGR and reach US$19.3 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the High-Strength Premixes segment is readjusted to a revised 3.3% CAGR for the next 7-year period.
The U.S. Market is Estimated at $5.3 Billion, While China is Forecast to Grow at 6.9% CAGR
The RTD / High Strength Premixes market in the U.S. is estimated at US$5.3 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$5.1 Billion by the year 2027 trailing a CAGR of 7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.2% and 3.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.9% CAGR.
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