RTD Alcoholic Beverages Market Research Analysis by 2031

RTD Alcoholic Beverages Market Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Product Type [Hard Seltzers (Citrus Fruits, Berries, Tropical Fruits, and Other Hard Seltzers), RTD Cocktails, Wine-Based Spritzers, and Others], Base Type [Malt-Based, Wine-Based, and Spirit-Based], Packaging Type [Bottles, Cans, and Others], Category [Low or No Sugar and Regular], Distribution Channel [On-Trade and Off-Trade (Supermarkets and Hypermarkets, Specialty Stores, Online Retail, and Others)], and Geography

Publication Month : Apr 2025

  • Report Code : TIPRE00006545
  • Category : Food and Beverages
  • Status : Published
  • No. of Pages : 410
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The RTD alcoholic beverages market size is projected to reach US$ 75.30 billion by 2031 from US$ 46.64 billion in 2024. The market is expected to register a CAGR of 7.1% during 2025–2031. The rising demand for low/reduced sugar alcoholic beverages is expected to create a new trend in the RTD alcoholic beverages market during the forecast period.

RTD Alcoholic Beverages Market Analysis   

The RTD alcoholic beverages market is driven by the growing premiumization and innovation in RTD alcoholic beverages. Key market players focusing on launching new innovative flavors are contributing to the market growth. As urbanization rises and busy lifestyles become the norm, there is an increasing demand for convenient, ready-to-consume drink options that align with health-conscious choices. The popularity of low/reduced sugar alcoholic beverages, has surged due to their perceived lighter, healthier image compared to traditional alcoholic beverages. Additionally, innovations in flavors and product offerings are continually enticing new consumers, particularly among younger demographics.

RTD Alcoholic Beverages Market Overview

Ready-to-drink (RTD) alcoholic beverages are pre-mixed drinks that are ready for immediate consumption. They cover various options, including hard seltzers, canned cocktails, and wine spritzers, and are usually available in single-serve packs. The RTD alcoholic beverages market has witnessed significant growth, driven by changing consumer preferences and lifestyle trends. As urbanization accelerates and busy schedules become common, consumers are seeking convenient options that align with their health-conscious choices. In this context, hard seltzers have gained popularity due to their lighter and healthier image compared to traditional alcoholic drinks. The appeal of hard seltzers is enhanced by continuous innovations in flavors and product variations, attracting a diverse consumer base, particularly among younger demographics. As brands expand their offerings and tap into emerging markets, the RTD alcoholic beverages segment is poised for sustained growth, catering to a demand for refreshing and convenient drinks that fit modern lifestyles. Overall, this market is evolving rapidly, reflecting broader shifts in consumer behavior and preferences in the beverage industry.

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RTD Alcoholic Beverages Market: Strategic Insights

rtd-alcoholic-beverages-market
Market Size Value inUS$ 26,447.9 Million in 2018
Market Size Value byUS$ 39,428.9 Million by 2027
Growth rateCAGR of 4.6% from 2019-2027
Forecast Period2019-2027
Base Year2019
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Shejal

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RTD Alcoholic Beverages Market Drivers and Opportunities

Marketing and Branding Strategies by Key Market Players

RTD alcoholic beverages and hard seltzers manufacturers are focusing on strategic development initiatives such as marketing, branding, and expansion of their businesses to attract consumers and enhance their market position. Market players leverage targeted marketing strategies that emphasize health-conscious messaging, influencer partnerships, innovative packaging, and digital-first advertising to capture evolving consumer preferences. The branding of these beverages as a healthy alternative to conventional beer and sugary cocktails propels their adoption. For instance, White Claw championed the "better for you" campaign, emphasizing low-calorie and low-sugar formulations that resonate with millennial and GenZ consumers who prioritize wellness without sacrificing drinking. Another strategy is intensive social media marketing, where brands capitalize on viral trends, memes, and influencer collaborations to drive engagement. Social media largely drove white Claw's rise in popularity through the "White Claw Summer" campaign, where consumers and influencers shared their experiences with the product.

Growth in the On-Trade and E-Commerce Channel

The rapid expansion of on-trade (i.e., bars, restaurants, and hotels) and e-commerce channels is expected to present significant growth opportunities for the market during the forecast period. The shift in consumer preference toward convenience, premium experiences, and digital shopping has fueled the demand for RTD alcoholic beverages across these channels. As the global hospitality industry advances, bars, restaurants, and entertainment venues incorporate RTD alcoholic beverages into their menus, recognizing the appeal among consumers seeking high-quality alternatives to traditional cocktails. One of the major factors fueling the on-trade channel is the increasing adoption of RTD cocktails in bars and restaurants, where consumers seek premium beverages associated with mixology-based cocktails. As per the National Restaurant Association report published in 2023, 84% of adults aged more than 21 years who drink wine, beer, or cocktails say restaurants are a great place to explore new alcoholic beverages. Beer (70%), wine (69%), and cocktail consumers (67%) are more likely to choose a restaurant based on its alcohol selection. 34% of adults age 21+ say they will drink a cocktail with a meal at a restaurant, and 21% say they will drink a cocktail with a meal at home. Millennials (44%) are the most likely to order a cocktail or mixed drink in a restaurant, followed by Gen X (35%).

RTD Alcoholic Beverages Market Report Segmentation Analysis

Key segments that contributed to the derivation of the RTD alcoholic beverages market analysis are product type, base type, packaging type, category, and distribution channel.

  • Based on the product type, the market is segmented into hard seltzers, RTD cocktails, wine-based spritzers, and others. The RTD cocktails segment is expected to record the highest CAGR over the forecast period.
  • In terms of base type, the market is categorized into malt-based, wine-based, and spirit-based. The spirit-based segment is anticipated to register the highest CAGR during the forecast period.
  • By packaging type, the market is segmented into bottles, cans, and others. The cans segment accounted for the largest market share in 2024.
  • As per category, the market is bifurcated into low/no sugar and regular. The low/no sugar segment is expected to dominate the market over the forecast period.
  •  On the basis of distribution channel, the market is bifurcated into on-trade and off-trade. The on-trade segment is expected to record the highest CAGR during the forecast period.

RTD Alcoholic Beverages Market Share Analysis by Geography

The geographic scope of the RTD alcoholic beverages market report is divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South & Central America. The RTD alcoholic beverages market in Asia Pacific is expected to grow significantly during the forecast period.

In Asia Pacific, the demand for RTD alcoholic beverages and hard seltzers is increasing owing to shifting consumer preferences, particularly among the young and urban population. These consumers seek convenience, portability, and variety, making RTDs an attractive choice as they offer a hassle-free, premixed option for social gatherings and casual consumption. The rising health consciousness, along with increasing disposable incomes, is driving the popularity of low-alcohol and low-sugar alternatives. The growing social media and influencer culture has also helped popularize these products, aligning with a trend toward casual and inclusive drinking experiences.

RTD Alcoholic Beverages Market Report Scope

RTD Alcoholic Beverages Market News and Recent Developments

The RTD alcoholic beverages market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the key developments in the RTD alcoholic beverages market are as follows:

  • ATRÓN Tequila announced the launch of the “Additive-Free Tequila” campaign, emphasizing its additive-free heritage and handcrafted production process. (Source: ATRÓN Tequila, Company Website, February 2025)
  • The Coca-Cola Company and Bacardi Limited announced an agreement to debut BACARDÍ rum and Coca-Cola as a ready-to-drink (RTD) pre-mixed cocktail. BACARDÍ Mixed with Coca-Cola RTD is available in several markets worldwide, with the initial launch planned for select European markets and Mexico in 2025. (Source: The Coca-Cola Company, Company Website, September 2024)

RTD Alcoholic Beverages Market Report Coverage and Deliverables

The "RTD Alcoholic Beverages Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:

  • RTD alcoholic beverages market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
  • RTD alcoholic beverages market trends, as well as market dynamics such as drivers, restraints, and key opportunities
  • Detailed Porter's Five Forces analysis and SWOT analysis
  • RTD alcoholic beverages market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
  • Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the RTD alcoholic beverages market
  • Detailed company profiles
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Base Type ; Packaging Type ; Distribution Channel

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

US, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina

Frequently Asked Questions


What is the estimated value of the RTD alcoholic beverages market by 2031?

The market size is projected to reach US$ 75.30 billion by 2031.

Which region dominated the RTD alcoholic beverages market in 2024?

North America dominated the market with the largest share in 2024.

Which are the leading players operating in the RTD alcoholic beverages market?

Bacardi Ltd, Pernod Ricard SA, Diageo Plc, Beam Suntory Inc, Heineken NV, Firebrand Brewing Limited, Anheuser-Busch InBev NV, Mark Anthony Brands International, RTM Beverages, Constellation Brands Inc, Spritz Bev Inc, Signal Hill Products Pty Ltd, RAMONA, The Boston Beer Co, and Molson Coors Beverage Co are among the key players operating in the market.

What will be the future trends in the RTD alcoholic beverages market?

The rising demand for low/reduced sugar RTD alcoholic beverages is likely to bring new trends in the market in the future.

What are the driving factors impacting the RTD alcoholic beverages market?

Premiumization and innovations in RTD alcoholic beverages and marketing and branding strategies by key market players are major factors contributing to market growth.

The List of Companies - RTD Alcoholic Beverages Market

  • Bacardi Ltd
  • Pernod Ricard SA
  • Diageo Plc
  • Beam Suntory Inc
  • Heineken NV
  • Firebrand Brewing Limited
  • Anheuser-Busch InBev NV
  • Mark Anthony Brands International
  • RTM Beverages
  • Constellation Brands Inc
  • Spritz Bev Inc
  • Signal Hill Products Pty Ltd
  • RAMONA
  • The Boston Beer Co
  • Molson Coors Beverage Co

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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