Ready-to-drink (RTD) beverages continue to outperform the broader beverage alcohol market, rising 2% in volume and 4% in value across 10 major global markets in 2024. With the U.S. claiming an 8% share and projected CAGR growth of 1% through 2029, the category now represents 3.5% of total beverage alcohol servings, up from 1.1% a decade ago
The U.S. is leading category growth, followed by Canada, Japan, and emerging markets like Brazil and South Africa. These markets are experiencing stronger engagement from existing consumers, particularly younger legal-age drinkers, who are drawn to the convenience and variety of ready-to-serve options.
The rising demand for spirit-based cocktails and longer drinks continues to shape innovation, with U.S. producers leveraging premium offerings and new consumption occasions, both on- and off-premise, to sustain long-term category momentum.