ASIA PACIFIC ALCOHOLIC READY-TO-DRINKS (RTDS) & HIGH STRENGTH PREMIXES MARKET FORECAST 2018-2026

ASIA PACIFIC ALCOHOLIC READY-TO-DRINKS (RTDS) & HIGH STRENGTH PREMIXES MARKET FORECAST 2018-2026

  • May 2018 •
  • 72 pages •
  • Report ID: 4965014
KEY FINDINGS
The Asia-Pacific alcoholic ready-to-drink (RTDs)/high strength premixes market is expected to grow at a CAGR of 2.85% over the forecasted years of 2018-2026. The region currently holds the highest market share of the global market, with emerging economies like India, China, Japan, Thailand, South Korea, Australia, and New Zealand majorly propelling the market growth.

MARKET INSIGHTS
Modernization and adoption of western culture by the majority of the youth, changing lifestyle of the people, and an increase in the disposable income are the major driving factors for the market in this region.Also, populated countries like India, China and Japan promise a large target group of consumers to the global as well as domestic manufacturers.

At present, the supermarkets and hypermarkets distributing channel is leading in this region, but it is the online retailing channel that is expected to show greater progress in the coming years. Also, amongst the various product segment from this market, the Spirit-based RTDs and Wine-based RTDs are expected to be in higher demand as compared to the other products.

COMPETITIVE INSIGHTS
The major players in the market are Mark Anthony Brands International, Radico Khaitan, Suntory Spirits Limited, Bacardi, Halewood International Limited, Distell Anheuser-Busch InBev and Diageo Plc.
Country=APAC Industry=SoftDrink ParentIndustry=Agribusiness Date=201805 Topic=Demand Publisher=InkwoodResearch Price=2000