16/03/2024
Ready-to-drink drinks are those made on the spot and ready to drink. They include tea, coffee and other drinks (such as fruit juices and yoghurt drinks). In recent years, thanks to the increase in per capita disposable income, the change in consumer habits, and the continuous upgrading of product quality brought by market innovation and supply chain improvement, China's ready-to-drink market is booming, and the industry has broad prospects.
In 2022, the per capita annual consumption of ready-made beverages in China is about 18 cups, and the domestic ready-made beverage market is booming. According to the "2022-2027 China's current beverage Demand Forecast and Industry Development Trend Outlook Report" released by the China Business Industry Research Institute, the market size of China's current beverage in 2022 reached 421.3 billion yuan, with a compound annual growth rate of 22.38%. With increasing per capita disposable income, changing consumer habits, and continuous upgrading of product quality brought about by market innovation and supply chain improvement, the domestic ready-to-drink market is expected to continue to expand. China Business Industry Research Institute analysts predict that the market size will reach 517.2 billion yuan and 628.9 billion yuan in 2023 and 2024, respectively.
