What Has Been the Progress and Growth of the Ready-To-Drink (RTD) Coffee Beverage Market in Recent Years?
The ready-to-drink (rtd) coffee beverage market has seen considerable growth due to a variety of factors.
• The ready-to-drink (RTD) coffee beverage market has experienced strong growth recently. It will grow from $34.35 billion in 2024 to $36.67 billion in 2025 at a compound annual growth rate (CAGR) of 6.8%.
This growth can be attributed to the rising demand for convenience, increased health consciousness, higher disposable incomes, the growing popularity of cold brew, and the expansion of coffee shop culture.
What Can Be Expected from the Ready-To-Drink (RTD) Coffee Beverage Market Size?
The ready-to-drink (rtd) coffee beverage market is expected to maintain its strong growth trajectory in upcoming years.
• The ready-to-drink (RTD) coffee beverage market is forecast to grow to $47.04 billion by 2029 at a CAGR of 6.4%.
This growth is attributed to urbanization, the global rise of coffee culture, increasing product premiumization, a focus on organic and natural ingredients, and growing demand for on-the-go consumption. Key trends include technological advancements, product innovation, customization, sustainable packaging, and the demand for ethically sourced coffee.
What Are the Critical Driver Fuelling The Ready-To-Drink (RTD) Coffee Beverage Market's Growth?
An escalating health-awareness trend among customers is set to accelerate the expansion of the ready-to-drink (RTD) coffee beverage market. This awareness signals a proactive stance towards enhancing and preserving health via educated lifestyle decisions. The rise in health consciousness among consumers can be attributed to transformations in eating habits, the sway of health promotions, and environmental impact considerations. Ready-to-drink (RTD) coffee serves as a handy, portioned, and frequently healthier coffee alternative, perfect for those prioritizing health. For example, data from the International Food Information Council, a nonprofit organization based in the US, demonstrated that approximately 52% of Americans adopted a particular diet or eating regimen in April 2022, a considerable surge from 39% in 2021 and 43% in 2020. As such, it's evident that growing health consciousness among consumers is fuelling the expansion of the Ready-to-drink (RTD) coffee beverage market.
How Is The Ready-To-Drink (RTD) Coffee Beverage Market segmented?
The ready-to-drink (RTD) coffee beverage market covered in this report is segmented –
1) By Product Type: Cold Brew, Other Product Types
2) By Cream Content: Dairy-Based, Plant-Based
3) By Packaging: Bottles, Cans, Tetra Packs
4) By Distribution Channel: Supermarkets-Hypermarkets, Departmental Stores, Convenience Stores, Online Sales Channel, Other Distribution Channels
Subsegments:
1) By Cold Brew: Straight Black Cold Brew, Flavored Cold Brew, Nitro Cold Brew
2) By Other Product Types: Iced Coffee, Espresso-Based RTD Coffee, Coffee-Milk Variants, Blended Coffee Drinks
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What New Trends Are Influencing The Ready-To-Drink (RTD) Coffee Beverage Market?
The key players in the ready-to-drink (RTD) coffee industry are prioritizing the invention of innovative solutions like plant-based coffee to cater to health issues. The plant-based coffee is prepared using non-dairy substitutes derived from plants including almond, oat, soy, or coconut milk rather than dairy milk. For example, Chamberlain Coffee, a coffee firm from the USA, introduced ready-to-drink plant-based cold brew lattes into the market in April 2023. The purpose was to offer Chamberlain Coffee's premium products in a handy, portable format. The range features flavors such as Mocha Latte, Cinnamon Bun Latte, Vanilla Latte, and a classic Cold Brew Latte. These ready-to-drink plant-based cold brew lattes offer a handy, dairy-free coffee alternative for consumers wanting a delicious, eco-friendly and easily transportable caffeine kick.
Who Are the Key Players In The Ready-To-Drink (RTD) Coffee Beverage Market?
Major companies operating in the ready-to-drink (RTD) coffee beverage market are:
• PepsiCo Inc.
• The Coca-Cola Company
• Starbucks Corporation
• Danone S.A.
• McDonald's Corporation
• Asahi Group Holdings Ltd.
• Uni-President Enterprises Corporation
• Keurig Dr Pepper Inc.
• Ajinomoto General Foods Inc.
• Suntory Beverage & Food Limited
• Monster Beverage Corporation
• Nongfu Spring Co. Ltd.
• Green Mountain Coffee Roasters Inc.
• Lotte Chilsung Beverage Co. Ltd.
• Chobani LLC
• Illycaffè S.p.A.
• Blue Bottle Coffee Inc.
• Caribou Coffee Company Inc.
• Califia Farms LLC
• Coffee Day Enterprises
• La Colombe Coffee Roasters
• Caffe Bene Co. Ltd.
• UCC Ueshima Coffee Co. Ltd.
• High Brew Coffee Inc.
• Dunkin' Brands Group Inc.
What Is The Most Dominant Region In The Ready-To-Drink (RTD) Coffee Beverage Market?
North America was the largest region in the ready-to-drink (RTD) coffee beverage market in 2024. The regions covered in the ready-to-drink (RTD) coffee beverage market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
