US Non-alcoholic RTD Beverages Market to Surpass $238 Billion by 2022
Rising health concerns, introduction
of innovative non-alcoholic RTD products coupled with high disposable income
are expected to drive the United States non-alcoholic RTD beverages market through
2022
According to TechSci Research
report, “United States Non-alcoholic RTD Beverages Market By Product Type, By Off Trade Vs. On Trade, Competition Forecast &
Opportunities, 2012 – 2022”, non-alcoholic
RTD beverages market in the US is projected to cross $ 238 billion by 2022,
on account of growing demand
for nutritious energy drinks by young consumers, production of numerous
flavours and variants of non-alcoholic RTD beverages. Moreover,
widening
of distribution channels coupled with high visibility and accessibility of non-alcoholic
RTD beverages in retail outlets, increasing population and government initiatives such
as regulatory, policy support and
safety legislation to improve the quality standard of the ingredients used in
manufacturing of non-alcoholic RTD beverages are further forecast to drive the market in the
coming years. The country had a population of
around 321 million in 2015 and imported non-alcoholic RTD beverages of value $
5.41 billion.
Browse 2 market data Tables and 76 Figures
spread through 121 Pages and an in-depth TOC on "United States Non-alcoholic RTD Beverages
Market "
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In 2016, Carbonated Soft Drinks (CSD) controlled the
largest share in the United States non-alcoholic RTD beverages market, however
the market share of this product type is anticipated to slow down by 2022 owing
to changing preference of consumers towards alternate beverages, which are less
in calories. The second largest share was
captured by bottled water on account of being safer, healthier, convenient,
refreshing and absence of other artificial ingredients. In terms of regions, south
region dominated the market in 2016 on the back of large population base with
relatively escalated demand for high quality and healthy RTD beverages that
supports their taste. Some of the leading players operating in the United
States non-alcoholic RTD beverages market in India include The Coca Cola Company., PepsiCo, Inc., Dr. Pepper Snapple Group, Inc., Cott Beverages Inc.,
National Beverages Corporation, etc.
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“With increasing per capita
consumption in volume of various non-alcoholic RTD beverages, rising health
awareness among consumers along with the hectic life style and busy schedules,
greater accessibility and availability of these products at many retail stores,
continuous development & innovation in non-alcoholic RTD beverages and
government initiatives to encourage producers and consumers to develop and
adapt quality products and ingredients
are few of the major factors responsible to steer the growth of
non-alcoholic RTD beverages market in the United States through 2026.”, said Mr. Karan Chechi,
Research Director with TechSci Research, a research based global management
consulting firm.
“United
States Non-alcoholic RTD Beverages Market By Product Type, By Off Trade Vs. On Trade, Competition Forecast &
Opportunities, 2012 – 2022” has evaluated the future growth potential of the United
States non-alcoholic RTD beverages market and provides statistics and information
on market size, structure and future market growth. The report intends to
provide cutting-edge market intelligence and help decision makers take sound
investment evaluation. Besides, the report also identifies and analyzes the emerging trends along
with essential drivers, challenges and opportunities present in the United
States non-alcoholic RTD beverages market.
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