The global ready to drink premixes market size is expected to
reach USD 25.96 billion by 2025 registering a CAGR of 4.5%, according to a new
report by Grand View Research, Inc. Increasing popularity of Ready-To-Drink
(RTD) beverages and demand for high-strength premixes across the globe are
expected to propel the growth of this market. Moreover, rising popularity of
low alcohol content drinks is expected to fuel the RTD/high strength
premixes market growth. Rising acceptance of ethnic drinks in developed regions
and the advent of alcoholic high-strength premixes with natural and
health-promoting ingredients are also anticipated to propel the product demand.
On the other hand,
factors, such as religious or cultural beliefs in several countries, heavy
taxation and duties, and adverse health effects of alcohol may hinder the
market growth. In addition, stringent rules and regulations on the advertising
of alcoholic products and growing number of anti-alcohol campaigns are also
having a negative impact on the high strength premixes market growth. Retail
and specialty stores is anticipated to be the largest and fastest-growing
distribution channel segment from 2019 to 2025.
The online distribution
channel is also anticipated to experience significant growth over the forecast
period owing to increasing popularity of e-commerce platforms and number of
smartphone and internet users. North America held the largest share of the
global market in 2018 owing to high demand for RTD beverages in U.S and Canada
as a result of increased popularity of flavored alcoholic drinks. Europe is
projected to witness a considerable growth over the next few years owing to the
rising product demand as a result of changing lifestyles and increasing alcohol
consumption.
For full research report on Ready To
Drink Premixes Market visit here: https://www.grandviewresearch.com/industry-analysis/rtd-high-strength-premixes-market
Further key findings from the study
suggest:
- The RTDs type segment is expected to witness the
fastest CAGR over the forecast period
- It is also projected to be the largest segment owing
to rising demand for alcoholic beverages across the globe
- North America region led the global market in 2018
and is projected to expand further at a relatively high CAGR from 2019 to
2025
- Key companies in the ready to drink premixes market
are Suntory Holdings, Mark Anthony Brands, Brown Forman Corp., Bacardi and
Co. Ltd., Halewood International, Diageo Plc, and Asahi Group Holdings
Ltd.
- Companies are focusing on new product development
and product portfolio and capacity extension to gain a greater market
share
Get request sample of this report here: https://www.grandviewresearch.com/industry-analysis/rtd-high-strength-premixes-market/request/rs1
Grand View Research has segmented the global high
strength ready to drink premixes market on the basis of type, distribution
channel, and region:
RTD/High Strength Premixes Type
Outlook (Revenue, USD Billion, 2015 - 2025)
- RTDs
- High-Strength Premixes
RTD/High Strength
Premixes Distribution Channel Outlook (Revenue, USD Billion, 2015 - 2025)
- Stored Based
- Online
RTD/High Strength Premixes Regional
Outlook (Revenue, USD Billion, 2015 - 2025)
- North America
- U.S.
- Europe
- U.K.
- Asia Pacific
- Japan
- Central and South America
- Brazil
- Middle East and Africa
- South Africa
About Grand View
Research
Grand View Research, Inc. is a U.S. based market
research and consulting company, registered in the State of California and
headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
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