Ready-to-drink Beverage Market is Expected to Continue Growing Moderately Over the Next Decade, with an Estimated Value of US$ 430.30 Billion by 2034 | Future Market Insights, Inc. [Yahoo!...
Diageo plc (DEO)
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Source: Yahoo! Finance
Although there is increasing consumer demand for organic options within this category, conventional products are anticipated to retain their leading position worldwide, largely due to their affordability and widespread availability. NEWARK, Del, April 18, 2024 (GLOBE NEWSWIRE) -- The ready-to-drink beverage (RTDs) market value is expected to rise from US$ 206.25 billion in 2024 to US$ 430.30 billion by 2034. This market is analyzed to propel ahead at a CAGR of 7.60% over the next decade. Industry players are strategizing for growth by increasing their college campus presence via nutrition-promoting programs. In addition, players are progressively working with collegiate sports programs and NIL athletes to give a boost to their brand awareness and promote product affinity. With growing busy consumers in metropolitan cities, RTD beverage brands are promoting themselves as a lifestyle brand. These brands attune their products to consumers' values, like freedom, wellness, and authen
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