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The global ready-to-drink cocktails market was worth USD 728.53 million in 2020, and it is projected to develop at a CAGR of 12.1% over the next five years. The key factor driving the industry's growth is a surge in demand for various varieties of flavoured alcoholic drinks among the youth population. Consumer appetite for easy alcoholic drinks like alcopops and ready-to-drink cocktails is driving industry growth. The ultimate convenience in RTD drinks is the ease of pouring and garnishing the drink. By lowering the average cost of making a cocktail, these drinks gain a higher return in the soft casual dining market. Premiumization and simplicity are two main trends that the ready–to–drink focusses on. These developments are assisting the industry's growth.
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The Ready to Drink Cocktails market report provides qualitative and quantitative analysis, market share, size and competitive benchmarking. In addition, the study examines key characteristics such as company size, market share, market growth, revenue, production volume, and profitability. Which are the prominent players in the Ready to Drink Cocktails market? What is the expected global Ready to Drink Cocktails market size by 2027? Which company held the largest share in the Ready to Drink Cocktails market?
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