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Research Reports

Geometric Progression To Be The Epicenter Of RTD Alcoholic Beverages Market

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RTD alcoholic beverages are the most convenient drink for off-premise consumption. Also, ease and convenience of carrying these drinks and unique cocktail recipes and flavors are key factors behind their growing popularity. Packaging and designing of RTD alcoholic beverages are developed in accordance with off-premise consumption. Besides, use of e-Commerce for shopping is increasing substantially in emerging as well as established markets. Consumers want everything to be delivered at the doorstep, especially food & beverage products. According to the ISWR report, most millennials prefer to consume alcohol in their homes rather than going out. On the other hand, online retail is the easiest way to get alcohol at the doorstep in countries such as the U.S., U.K., China, and Canada. Owing to these factors, e-Commerce is expected to create huge opportunities for RTD alcoholic beverage manufacturers over the coming years.

The global RTD alcoholic beverages market is expected to register a CAGR of close to 8% over the forecast period of 2020-2030.

Get Sample Copy of this Report@ https://www.persistencemarketresearch.com/samples/31198

Company Profiles:

  • Anheuser-Busch InBev
  • Diageo PLC
  • Bacardi Limited
  • Halewood Wines & Spirits
  • Mark Anthony Group of Companies
  • Inspyration Siam Co., Ltd.
  • Brown-Forman
  • Manchester Drinks
  • Molson Coors Beverage Company
  • The Boston Beer Company
  • Davide Campari-Milano N.V.
  • Asahi Group Holdings, Ltd.
  • Carlsberg Breweries A/S
  • SHS Group
  • Pernod Ricard SA
  • Global Brands Ltd.
  • Radico Khaitan Limited
  • La Martiniquaise
  • Suntory Holdings Limited
  • Constellation Brands Inc.

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Key Takeaways from Market Study

“The gen-Z and millennial population in emerging markets are potential consumers of RTD alcoholic beverages,” says a Persistence Market Research analyst.

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Competitive Landscape

Key manufacturers are mainly focused on the production of premium quality RTD alcoholic beverages attributed to increasing demand for premium alcoholic beverages from consumers. Packaging and designing also play a key role in driving sales. Owing to these factors, manufacturers of RTD alcoholic beverages are investing in innovative packaging and are designing unique bottles and cans to make their products more unique and attractive in the market.

Explore More Valuable Insights

Persistence Market Research, in its new report, offers an impartial analysis of the global RTD alcoholic beverages market, presenting historical data (2015-2019) and estimation statistics for the forecast period of 2020-2030. The study offers compelling insights on the basis of product (high strength premixes, malt-based RTDs, spirit-based RTDs, wine-based RTDs, hard seltzers, and other alcoholic beverages), flavor (citrus, berries, tropical, mixed fruits, spice, and others), end use (retail/household, and foodservice industry), and distribution channel (business to business and business to consumer), across seven major regions of the world.

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