$7.8bn
$XXX.Xm
10,647
788
$XXX.Xm
RTD mixed spirits producers have significantly expanded their product lines over the past five years and have heavily emphasized their marketing toward young consumers. Innovative marketing practices and new flavor profiles have skyrocketed RTD mixed spirits sales in recent years, but seasonal demand and rising wage costs have stifled profit margins. Industry-wide revenue has been growing at an average annualized 8.4% over the past five years and is expected to total $7.8 billion in 2024, when revenue will jump by an estimated 0.3%.
Industry revenue has grown at a CAGR of 8.4 % over the past five years, to reach an estimated $7.8bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
---|---|---|---|---|
Mark Anthony Group Inc. | 2,681.7 | 559.0 | 20.8 | |
The Boston Beer Company, Inc. | 856.6 | 118.3 | 13.8 | |
Anheuser-Busch Inbev Sa | 467.8 | 130.4 | 27.9 |
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Industry revenue is measured across several distinct product and services lines, including Vodka-based RTD beverages, Tequila-based RTD beverages and Other RTD beverages. Vodka-based RTD beverages is the largest segment of the RTD Mixed Spirit Production in the US.
Traditional flavored malt beverages lose their appeal
Ready-to-drink (RTD) mixed spirit producers manufacture premixed, RTD alcoholic cocktails. Revenue is generated through the sale of packaged single and multiserving bottles of RTD cocktails that are fit for consumption immediately after purchase. While RTD mixed spirit production includes flavored malt beverages, it excludes other forms of flavored beer, alcoholic ciders, RTD forms of flavored wine and nonalcoholic drink mixers.
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NAICS 31214 - RTD Mixed Spirit Production in the US
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RTD mixed spirit producers compete heavily on branding. Major producers spend millions of dollars building their brands to reach a national market.
Learn about the performance of the top companies in the industry.
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Inflated wages have suppressed profit over the past five years. Surging demand for RTD mixed spirits has encouraged major producers to expand their employment, boosting wages...
Including values and annual change:
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Key data sources in the US include:
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The market size of the RTD Mixed Spirit Production in the US industry in United States is $7.8bn in 2024.
There are 788 businesses in the RTD Mixed Spirit Production in the US industry in United States, which has grown at a CAGR of 21.4 % between 2019 and 2024.
The market size of the RTD Mixed Spirit Production in the US industry in United States has been growing at a CAGR of 8.4 % between 2019 and 2024.
Over the next five years, the RTD Mixed Spirit Production in the US industry in United States is expected to grow.
The biggest companies operating in the RTD Mixed Spirit Production market in United States are Mark Anthony Group Inc., The Boston Beer Company, Inc. and Anheuser-Busch Inbev Sa
Vodka-based RTD beverages and Tequila-based RTD beverages are part of the RTD Mixed Spirit Production in the US industry.
The company holding the most market share in United States is Mark Anthony Group Inc..
The level of competition is high and increasing in the RTD Mixed Spirit Production in the US industry in United States.