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RTD Tea Market - Global Industry Analysis, Size, Share, Growth Opportunities, Future Trends, Covid-19 Impact, SWOT Analysis, Competition and Forecasts 2022 to 2030

RTD Tea Market - Global Industry Analysis, Size, Share, Growth Opportunities, Future Trends, Covid-19 Impact, SWOT Analysis, Competition and Forecasts 2022 to 2030

Region : Global | Format : report format | Report ID : 45044 | No. of Pages : 250

  • DESCRIPTION
  • TABLE OF CONTENT
  • METHODOLOGY
  • REPORT SCOPE

The global RTD Tea Market was valued at US$ 33.0 Billion in 2022 and is projected to reach USD 70.5 Billion by 2030, growing at a CAGR of 7.9% from 2022 to 2030.

RTD Tea Market Overview

RTD tea is packaged tea that is ready to be consumed. It is offered in a variety of flavors by the major players in the market. Tea is the second most consumed non-alcoholic beverage after water. Growing awareness of the health benefits associated with RTD tea has enabled consumers to focus on adopting a healthy lifestyle, which is a key factor contributing to the growth of the global ready-to-drink tea market. RTDs also help with weight loss, reduce headaches and body aches, reduce cholesterol levels, and the risk of a heart attack. These related benefits along with increasing awareness of adopting a healthy lifestyle are expected to propel the growth of the global market in the coming years. Also increases in disposable income; availability of ready-to-drink teas in convenient and attractive packaging; Growing number of cafes, online and offline retail stores, and food outlets are other factors expected to propel the ready-to-drink tea market growth globally.

Contrive Datum Insights has recently published the RTD Tea Market to its huge database which helps to shape the future of businesses by making well-informed business decisions. It offers a comprehensive analysis of various business aspects such as global market trends, recent technological advancements, market size, shares, and new innovations. Furthermore, this analytical data has been compiled through data exploratory techniques such as primary and secondary research. Moreover, an expert team of researchers throws light on various static and dynamic aspects of the global RTD Tea market.

Some of the key players profiled in the study are:

Different leading key players have been profiled to get better insights into the businesses. It offers detailed elaboration on different top-level industries which are functioning in global regions. It includes informative data such as company overview, contact information, and some significant strategies followed by key players: Coca-Cola, JBD Group, Ting Hsin, Unilever, Uni-President, Amul, Argo Tea, Arizona, Asahi, Britvic Soft Drinks, Dr Pepper Snapple, F&N Foods, Haelssen & Lyon, Hangzhou Wahaha, HeySong, Ito En, Kirin Beverage, Malaysia Dairy, Marley’s Mellow Mood, Nongfu, and others.

What are the major Applications, Types, and Regions for the RTD Tea Market?

On the Basis of Type:

  • Herbal
  • Black tea
  • Green tea
  • Others

On the Basis of Application:

  • Hypermarkets and Supermarkets
  • Convenience Stores
  • Food and Drink Specialty Stores
  • Others

RTD Tea Market Regional Insights:

North America dominated the market in 2019 and accounted for the largest share. The North American RTD tea market is mature, homogeneous, and has a high penetration rate, mainly dominated by leading companies such as Coca-Cola, Nestle, and Unilever. Moreover, consumer preference for healthier alternatives to caffeinated beverages along with tea and coffee preference is expected to provide opportunities for the growth of the RTD tea market. To meet the growing demand from customers, the company is acquiring large local players to expand its RTD tea portfolio in the region.

Geographically, the global RTD Tea market has been analyzed in various regions such as North America, Europe, Asia-Pacific, Latin America, the Middle East, and India. The global region is dominating this market in the upcoming future.

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Denmark
    • Finland
    • Iceland
    • Sweden
    • Norway
    • Belgium
    • The Netherlands
    • Luxembourg
    • Germany
    • France
    • Italy
    • Spain
    • UK
    • Nordic Countries
    • Benelux Union
    • Rest of Europe
  • Asia-Pacific
    • Indonesia
    • Thailand
    • Malaysia
    • Singapore
    • Rest of Southeast Asia
    • Japan
    • China
    • India
    • Australia
    • South Korea
    • Southeast Asia
    • Rest of Asia-Pacific
  • The Middle East & Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • South Africa
    • Rest of the Middle East & Africa
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America

RTD Tea Market Report Scope:

Report Attributes

Details

Growth Rate

CAGR of 5.5% from 2022 to 2030.

By Type

Hypermarkets and Supermarkets, Convenience Stores, Food and Drink Specialty Stores, Others

By Application

Black Tea, Green Tea, Others

By Companies 

Coca-Cola, JBD Group, Ting Hsin, Unilever, Uni-President, Amul, Argo Tea, Arizona, Asahi, Britvic Soft Drinks, Dr Pepper Snapple, F&N Foods, Haelssen & Lyon, Hangzhou Wahaha, HeySong, Ito En, Kirin Beverage, Malaysia Dairy, Marley’s Mellow Mood, Nongfu

Regions and Countries Covered

  • North America: (US, Canada, Mexico, Rest of North America)
  • Europe(Germany, France, Italy, Spain, UK, Nordic Countries, Benelux Union, Rest of Europe)
  • Asia-Pacific (Japan, China, India, Australia, South Korea, Southeast Asia, Rest of Asia-Pacific)
  • The Middle East & Africa(Saudi Arabia, UAE, Egypt, South Africa, Rest of the Middle East & Africa)
  • Latin America(Brazil, Argentina, Rest of Latin America)
  • Rest Of the World

Base Year

 2022

Historical Year

 2017 to 2022

Forecast Year

 2023 to 2030

 

Frequently Asked Questions (FAQ) about the RTD Tea market:

What is the CAGR of the global RTD Tea market?

The RTD Tea Market is growing at a CAGR of 5.5% during the forecast period.

Which region would offer high growth for vendors in the RTD Tea market?

North America dominated the market in 2019 and accounted for the largest share.

Which Is the Most potential market segment?

By Types- Hypermarkets and Supermarkets, Convenience Stores, Food and Drink Specialty Stores, Others

By Applications - Black Tea, Green Tea, Others

Which are the top industry players in the RTD Tea market?

Coca-Cola, JBD Group, Ting Hsin, Unilever, Uni-President, Amul, Argo Tea, Arizona, Asahi, Britvic Soft Drinks, Dr. Pepper Snapple, F&N Foods, Haelssen & Lyon, Hangzhou Wahaha, HeySong, Ito En, Kirin Beverage, Malaysia Dairy, Marley’s Mellow Mood, Nongfu

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