The United States Non-Alcoholic Ready-to-Drink Beverages Market is experiencing robust growth, driven by increasing health-consciousness and the popularity of non-alcoholic options among millennials.
TechSci Research’s report forecasts impressive market growth during the forecast period, fueled by awareness of the health benefits associated with ready-to-drink beverages, the trend for convenient, chilled premade bottles, and millennials’ preference for non-alcoholic drinks.
Moreover, growing awareness of alcohol’s harmful effects prompts consumers to choose non-alcoholic options for a healthier lifestyle. Manufacturers are diversifying their product lines to meet this demand, offering various non-alcoholic ready-to-drink beverages.
Furthermore, there’s a rising demand for plant-based options like almond milk, oat milk, and coconut water, driven by the popularity of plant-based diets and environmental consciousness. Consumers favor convenient packaging like cans, bottles, and tetra packs, especially those that are easy-to-carry, resealable, and sustainable.
Functional beverages are also in high demand due to increasing health concerns like obesity and diabetes. Consumers seek beverages with added minerals, vitamins, herbs, amino acids, and probiotics, offering benefits such as improved immune system, heart health, digestion, hydration, and post-exercise recovery. These factors drive the demand for non-alcoholic ready-to-drink beverages among health-conscious consumers.
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The US non-alcoholic ready-to-drink beverages market is categorized by product type, sales channel, and region. Product types include carbonated soft drinks, juices, dairy-based beverages, sports & energy drinks, and others (tea, coffee, non-alcoholic beer, non-alcoholic wine, etc.). Demand for carbonated soft drinks is boosted by the introduction of sugar-free options and increasing popularity.
Sales channels comprise supermarket/hypermarket, departmental store, convenience store, online, and non-retail. The online segment experiences the highest growth due to convenience and consumer preference for online shopping.
Key market players in the United States non-alcoholic ready to drink beverages market include:
· PepsiCo Inc.
· The Coca Cola Company
· Dr. Pepper Snapple Group, Inc.
· Cott Beverages Inc.
· National Beverages Corporation
· Monster Beverages Corporation
· Nestlé Waters North America, Inc.
· Monster Beverage Corp.
· Reed’s, Inc.
· National Beverage Corp.
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“The US non-alcoholic ready-to-drink beverages market is surging due to consumer preferences for convenient packaging like cans, bottles, and tetra packs. Health-conscious consumers are driving demand for functional beverages with natural ingredients, added vitamins, minerals, and low or no sugar content. These factors will propel market growth during the forecast period,” stated Mr. Karan Chechi, Research Director at TechSci Research.
“United States Non-Alcoholic Ready-To-Drink Beverages Market: Product Types (Carbonated Soft Drinks, Juices, Dairy-based Beverages, Sports & Energy Drinks, Others), Sales Channels (Supermarket, Departmental Store, Convenience Store, Online, Non-Retail), Region, Competition, Forecast, & Opportunities, 2018-2028F,” assesses the market’s future growth potential, providing insights on structure, size, and trends. The report offers valuable market intelligence for decision-makers, identifying emerging trends, drivers, challenges, and opportunities in the US non-alcoholic ready-to-drink beverages market.
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