Saudi Arabia Ready to Drink (RTD) Beverages Market

Ready-to-Drink beverages are packaged beverages that are ready to be consumed. It includes functional ingredients such as vitamins, minerals, antioxidants, energy booster, among others. Ready-to-drink beverages provide nutrients such as vitamin C, calcium, or probiotic to the consumers. Tea, coffee, energy drinks, yogurt drinks, dairy-based beverages, flavored & fortified water, and others are the various product which are available in different types of packaging such as can, bottle, pouches, and others.

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Growing consumer interest towards a healthy lifestyle, coupled with the increasing demand for healthy ready to drink products are the key drivers of the Saudi Arabia ready-to-drink beverages market. Increasing health awareness for convenience food and beverages will further drive Saudi Arabia ready-to-drink beverages market. Furthermore, increasing disposable income and rapid urbanization will further create demand for ready-to-drink beverages products. Growing awareness regarding the functional benefits of RTD beverages will boost market growth. Major players are continuously innovating and targeting consumers through smart advertising, strong positioning, and launching products with more functional benefits, which will create opportunities for Saudi Arabia RTD beverages market in the near future. In addition to this, the consumers are focussing on healthy and functional beverages due to the increasing health problems such as blood pressure, high sugar level, and heart-related issues, which will further propel the demand of Saudi Arabia Ready to Drink Beverages Market.

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Based on the Product Type, the Coffee segment is expected to grow at a higher CAGR during the forecast period due to the increasing per capita consumption of coffee in Said Arabia. The energy drinks segment is also predicted to grow at a higher CAGR owing to the increasing health consciousness among people, along with the growing demand for instant energy drinks among consumers.

Based on Nature, the Organic segment is anticipated to witness a faster CAGR in Saudi Arabia Ready to Drink (RTD) Beverages market owing to the increasing popularity of organic food and beverages because of the busy and hectic lifestyle of people.

Based on the distribution channel, the Supermarkets/Hypermarkets segment accounted to hold the largest share in Saudi Arabia Ready to Drink (RTD) Beverages market due to the increasing demand for various Ready to Drink (RTD) Beverages products through various Supermarkets/Hypermarkets channels. On the other hand, the online segment is projected to grow at a higher CAGR over the forecast period owing to the increasing penetration of e-commerce websites. Furthermore, the online segment provides various benefits such as hassle-free delivery and discount offers, which will create demand for the segment in the coming years.

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Various notable players operating in the market include PepsiCo, Danone, Nestle, The Kraft Heinz Company, Keurig Dr Pepper, Inc., Saudia Dairy & Foodstuff Company, Almarai, LOTTE Co. Ltd, Ocean Spray, and Abbott Laboratories, among others.

The Saudi Arabia Ready to Drink (RTD) Beverages market has been segmented on the basis of Product Type, Nature, Packaging and Distribution Channel. Based on Product Type, the market is segmented into Tea, Coffee, Energy Drinks, Yogurt Drinks, Dairy-Based beverages, Non-Dairy Based Beverages, Fortified Water and Others. Based on Nature, the market is segmented into Organic, Conventional. Based on Packaging, the market is segmented into Bottle, Tetra Pack, Sachet, Tin Can and Others. Based on Distribution Channel, the market is segmented into Supermarkets/Hypermarkets, Convenience Stores, Grocery Stores, Speciality Stores and Online.

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Key questions answered in this research report:

• • At what pace is Saudi Arabia Ready to Drink (RTD) Beverages market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in Ready to Drink (RTD) Beverages market? What will be the impact of drivers and restraints in the future?
  • Which Product Type generated maximum revenues in 2019 and identify the most promising Product Type during the forecast period?
  • What are the various Distribution Channels of Saudi Arabia Ready to Drink (RTD) Beverages market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Market Segmentation

Saudi Arabia Ready to Drink (RTD) Beverages Market by Product Type

• • Tea
  • Coffee
  • Energy Drinks
  • Yogurt Drinks
  • Dairy Based beverages
  • Non-Dairy Based Beverages
  • Fortified Water
  • Others

Saudi Arabia Ready to Drink (RTD) Beverages Market by Nature

• • Organic
  • Conventional

Saudi Arabia Ready to Drink (RTD) Beverages Market by Packaging

• • Bottle
  • Tetra Pack
  • Sachet
  • Tin Can
  • Others

Saudi Arabia Ready to Drink (RTD) Beverages Market by Distribution Channel

• • Supermarkets/Hypermarkets
  • Convenience Stores
  • Grocery Stores
  • Speciality Stores
  • Online

Major Players Operating the Ready to Drink (RTD) Beverages (Option: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • PepsiCo
  • Danone
  • Nestle
  • The Kraft Heinz Company
  • Keurig Dr Pepper, Inc.
  • Saudia Dairy & Foodstuff Company
  • Almarai
  • LOTTE Co. Ltd
  • Ocean Spray
  • Abbott Laboratorie