The Asia-Pacific alcoholic ready-to-drink (RTD) market is anticipated to project a CAGR of 4.67% during the forecasting period of 2021 to 2028. The market growth of the region is attributed to key drivers such as the increase in purchasing and spending power due to economic developments, the rapid adoption of western culture, transitioning consumer preferences, and the improving standards of living.
ASIA-PACIFIC ALCOHOLIC READY-TO-DRINK MARKET FORECAST 2021-2028
Asia Pacific Alcoholic Ready-to-drink (RTD) Market by Distribution Channels (Supermarkets & Hypermarkets, Liquor Specialist Store, Duty-free Stores, Online Retailing, Other Distribution Channels) by Geography.
The Asia-Pacific alcoholic ready-to-drink (RTD) market is anticipated to project a CAGR of 4.67% during the forecasting period of 2021 to 2028. The market growth of the region is attributed to key drivers such as the increase in purchasing and spending power due to economic developments, the rapid adoption of western culture, transitioning consumer preferences, and the improving standards of living.
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The Asia-Pacific alcoholic ready-to-drink (RTD) market growth evaluation includes the study of New Zealand, China, India, South Korea, Australia, Japan, Thailand, and the rest of the Asia-Pacific. On account of the increasing health education, the population in China is becoming increasingly aware of the harmful effects of alcohol, primarily including products with elevated ABVs. As a result, ready-to-drink (RTD) greatly benefit from their low alcoholic content, providing a proper balance between indulgence and healthier lifestyles. Moreover, the ready-to-drink attribute facilitates more diversified drinking occasions, including restaurants and homes.
In India, alcoholic ready-to-drink (RTD) mainly appeal to millennials who relish socializing over a drink without becoming inebriated. Besides, compared to other categories of alcoholic beverages, reduced alcohol content observes significant demand among the 22-30-year-old age bracket. In addition, women are particularly drawn to RTDs as an entry beverage to alcoholic drinks, as well. Therefore, these factors are set to play an essential role in fueling the Asia-Pacific alcoholic ready-to-drink (RTD) market growth during the forecasted years.
Takara Holdings Inc, headquartered in Japan, mainly manufactures and sells seasonings, alcoholic beverages, and raw alcohol globally. It offers light-alcohol refreshers, shochu, Japanese alcoholic beverages, sake, and whisky, in addition to contract research services, contract research services, and gene therapy commercialization services. The company is also involved in the import, export, and wholesale of food products, alcoholic drinks, and seasonings.
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- RESEARCH SCOPE & METHODOLOGY
- STUDY OBJECTIVES
- SCOPE OF STUDY
- METHODOLOGY
- ASSUMPTIONS & LIMITATIONS
- EXECUTIVE SUMMARY
- MARKET SIZE & ESTIMATES
- MARKET OVERVIEW
- MARKET DYNAMICS
- PARENT MARKET ANALYSIS: ALCOHOLIC DRINKS MARKET
- KEY DRIVERS
- GROWING INTEREST TOWARDS LOW ALCOHOL CONTENT DRINKS
- INCREASED DEMAND FROM YOUTH
- RISE IN MARKETING AND PROMOTIONS BY RETAILERS
- KEY RESTRAINTS
- HARMFUL EFFECTS CAUSED BY THE CONSUMPTION
- EASY AVAILABILITY OF ALTERNATIVES
- CULTURAL AND RELIGIOUS ENVIRONMENT DICTATES THE MARKET IN SEVERAL COUNTRIES
- REGULATIONS ON ADVERTISING
- KEY ANALYTICS
- IMPACT OF COVID-19 ON ALCOHOLIC READY-TO-DRINK (RTD) MARKET
- KEY MARKET TRENDS
- PORTER’S FIVE FORCES ANALYSIS
- BUYERS POWER
- SUPPLIERS POWER
- SUBSTITUTION
- NEW ENTRANTS
- INDUSTRY RIVALRY
- OPPORTUNITY MATRIX
- VENDOR LANDSCAPE
- MARKET BY DISTRIBUTION CHANNELS
- SUPERMARKETS & HYPERMARKETS
- LIQUOR SPECIALIST STORE
- DUTY-FREE STORES
- ONLINE RETAILING
- OTHER DISTRIBUTION CHANNELS
- GEOGRAPHICAL ANALYSIS (PRODUCT ANALYSIS, MARKET & BRAND SHARE ANALYSIS AT COUNTRY LEVEL)
- ASIA-PACIFIC
- KEY GROWTH ENABLERS
- KEY CHALLENGES
- KEY PLAYERS
- COUNTRY ANALYSIS
- CHINA
- JAPAN
- INDIA
- SOUTH KOREA
- THAILAND
- AUSTRALIA
- NEW ZEALAND
- REST OF ASIA-PACIFIC
- ASIA-PACIFIC
- COMPETITIVE LANDSCAPE
- KEY STRATEGIC DEVELOPMENTS
- MERGERS & ACQUISITIONS
- PRODUCT LAUNCHES & DEVELOPMENTS
- PARTNERSHIPS & AGREEMENTS
- BUSINESS EXPANSIONS & DIVESTITURES
- COMPANY PROFILES
- ANHEUSER-BUSCH INBEV NV/SA (AB INBEV)
- ASAHI GROUP HOLDINGS LTD
- BACARDI & CO LTD
- BECLE SAB DE CV
- BROWN-FORMAN CORPORATION
- DAVIDE CAMPARI-MILANO SPA
- DIAGEO PLC
- DISTELL GROUP HOLDINGS LIMITED
- HALEWOOD INTERNATIONAL HOLDINGS PLC
- KIRIN HOLDINGS COMPANY LIMITED
- MARK ANTHONY GROUP INC
- PERNOD RICARD SA
- SUNTORY HOLDINGS LTD
- TAKARA HOLDINGS INC
- THE BOSTON BEER COMPANY INC
- THE SHS GROUP (BEVERAGE BRANDS (UK) LTD)
- KEY STRATEGIC DEVELOPMENTS
TABLE LIST
TABLE 1: MARKET SNAPSHOT – ALCOHOLIC READY-TO-DRINK (RTD)
TABLE 2: IMPORTANT FACTORS INFLUENCING ONLINE PURCHASE OF ALCOHOLIC READY-TO-DRINK (RTD)/HIGH-STRENGTH PREMIXES
TABLE 3: ASIA-PACIFIC ALCOHOLIC READY-TO-DRINK (RTD) MARKET, BY DISTRIBUTION CHANNELS, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 4: ASIA-PACIFIC ALCOHOLIC READY-TO-DRINK (RTD) MARKET, BY DISTRIBUTION CHANNELS, FORECAST YEARS, 2021-2028 (IN $ MILLION)
TABLE 5: ASIA-PACIFIC ALCOHOLIC READY-TO-DRINK (RTD) MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 6: ASIA-PACIFIC ALCOHOLIC READY-TO-DRINK (RTD) MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN $ MILLION)
TABLE 7: LEADING PLAYERS OPERATING IN ASIA-PACIFIC ALCOHOLIC READY-TO-DRINK (RTD) MARKET
TABLE 8: CHINA: MARKET & BRAND SHARE ANALYSIS OF KEY PLAYERS, 2018 & 2019 (IN %)
TABLE 9: JAPAN: MARKET & BRAND SHARE ANALYSIS OF KEY PLAYERS, 2018 & 2019 (IN %)
TABLE 10: INDIA: MARKET & BRAND SHARE ANALYSIS OF KEY PLAYERS, 2018 & 2019 (IN %)
TABLE 11: SOUTH KOREA: MARKET & BRAND SHARE ANALYSIS OF KEY PLAYERS, 2018 & 2019 (IN %)
TABLE 12: THAILAND: MARKET & BRAND SHARE ANALYSIS OF KEY PLAYERS, 2018 & 2019 (IN %)
TABLE 13: AUSTRALIA: MARKET & BRAND SHARE ANALYSIS OF KEY PLAYERS, 2018 & 2019 (IN %)
TABLE 14: NEW ZEALAND: MARKET & BRAND SHARE ANALYSIS OF KEY PLAYERS, 2018 & 2019 (IN %)
TABLE 15: INDONESIA: MARKET & BRAND SHARE ANALYSIS OF KEY PLAYERS, 2018 & 2019 (IN %)
TABLE 16: LIST OF MERGERS & ACQUISITIONS
TABLE 17: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS
TABLE 18: LIST OF PARTNERSHIPS & AGREEMENTS
TABLE 19: LIST OF BUSINESS EXPANSIONS & DIVESTITURES
FIGURE LIST
FIGURE 1: KEY MARKET TRENDS
FIGURE 2: PORTER’S FIVE FORCES ANALYSIS
FIGURE 3: OPPORTUNITY MATRIX
FIGURE 4: VENDOR LANDSCAPE
FIGURE 5: ASIA-PACIFIC ALCOHOLIC READY-TO-DRINK (RTD) MARKET, GROWTH POTENTIAL, BY DISTRIBUTION CHANNELS, IN 2020
FIGURE 6: ASIA-PACIFIC ALCOHOLIC READY-TO-DRINK (RTD) MARKET, BY SUPERMARKETS & HYPERMARKETS, 2021-2028 (IN $ MILLION)
FIGURE 7: ASIA-PACIFIC ALCOHOLIC READY-TO-DRINK (RTD) MARKET, BY LIQUOR SPECIALIST STORE, 2021-2028 (IN $ MILLION)
FIGURE 8: ASIA-PACIFIC ALCOHOLIC READY-TO-DRINK (RTD) MARKET, BY DUTY-FREE STORES, 2021-2028 (IN $ MILLION)
FIGURE 9: ASIA-PACIFIC ALCOHOLIC READY-TO-DRINK (RTD) MARKET, BY ONLINE RETAILING, 2021-2028 (IN $ MILLION)
FIGURE 10: ASIA-PACIFIC ALCOHOLIC READY-TO-DRINK (RTD) MARKET, BY OTHER DISTRIBUTION CHANNELS, 2021-2028 (IN $ MILLION)
FIGURE 11: ASIA-PACIFIC ALCOHOLIC READY-TO-DRINK (RTD) MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)
FIGURE 12: CHINA ALCOHOLIC READY-TO-DRINK (RTD) MARKET, 2021-2028 (IN $ MILLION)
FIGURE 13: CHINA ALCOHOLIC READY-TO-DRINK (RTD) MARKET, BY PRODUCT TYPE, 2020 & 2028 (IN %)
FIGURE 14: JAPAN ALCOHOLIC READY-TO-DRINK (RTD) MARKET, 2021-2028 (IN $ MILLION)
FIGURE 15: JAPAN ALCOHOLIC READY-TO-DRINK (RTD) MARKET, BY PRODUCT TYPE, 2020 & 2028 (IN %)
FIGURE 16: INDIA ALCOHOLIC READY-TO-DRINK (RTD) MARKET, 2021-2028 (IN $ MILLION)
FIGURE 17: INDIA ALCOHOLIC READY-TO-DRINK (RTD) MARKET, BY PRODUCT TYPE, 2020 & 2028 (IN %)
FIGURE 18: SOUTH KOREA ALCOHOLIC READY-TO-DRINK (RTD) MARKET, 2021-2028 (IN $ MILLION)
FIGURE 19: SOUTH KOREA ALCOHOLIC READY-TO-DRINK (RTD) MARKET, BY PRODUCT TYPE, 2020 & 2028 (IN %)
FIGURE 20: THAILAND ALCOHOLIC READY-TO-DRINK (RTD) MARKET, 2021-2028 (IN $ MILLION)
FIGURE 21: THAILAND ALCOHOLIC READY-TO-DRINK (RTD) MARKET, BY PRODUCT TYPE, 2020 & 2028 (IN %)
FIGURE 22: AUSTRALIA ALCOHOLIC READY-TO-DRINK (RTD) MARKET, 2021-2028 (IN $ MILLION)
FIGURE 23: AUSTRALIA ALCOHOLIC READY-TO-DRINK (RTD) MARKET, BY PRODUCT TYPE, 2020 & 2028 (IN %)
FIGURE 24: NEW ZEALAND ALCOHOLIC READY-TO-DRINK (RTD) MARKET, 2021-2028 (IN $ MILLION)
FIGURE 25: NEW ZEALAND ALCOHOLIC READY-TO-DRINK (RTD) MARKET, BY PRODUCT TYPE, 2020 & 2028 (IN %)
FIGURE 26: REST OF ASIA-PACIFIC ALCOHOLIC READY-TO-DRINK (RTD) MARKET, 2021-2028 (IN $ MILLION)
- GEOGRAPHICAL ANALYSIS (PRODUCT ANALYSIS, MARKET & BRAND SHARE ANALYSIS AT COUNTRY LEVEL)
- ASIA-PACIFIC
- KEY GROWTH ENABLERS
- KEY CHALLENGES
- KEY PLAYERS
- COUNTRY ANALYSIS
- CHINA
- JAPAN
- INDIA
- SOUTH KOREA
- THAILAND
- AUSTRALIA
- NEW ZEALAND
- REST OF ASIA-PACIFIC
- ASIA-PACIFIC
- MARKET BY DISTRIBUTION CHANNELS
- SUPERMARKETS & HYPERMARKETS
- LIQUOR SPECIALIST STORE
- DUTY-FREE STORES
- ONLINE RETAILING
- OTHER DISTRIBUTION CHANNELS
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