Global Ready to Drink Tea and Coffee Market to Reach US$ 140.7 Billion by 2027, Propelled by the Escalating Demand for Instant Energy Drinks

August 01, 2022

According to the latest report by IMARC Group, titled “Ready to Drink Tea and Coffee Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global ready to drink tea and coffee market reached a value of US$ 94.3 Billion in 2021. Ready to drink (RTD) tea and coffee are packaged beverages that are popular alternatives to carbonated drinks. These products are reinforced with vitamins and minerals, rich in antioxidants, and manufactured using various additives, extracts, preservatives, artificial and natural sweeteners, flavors, acidulants, and nutraceuticals. RTD tea is considered to be a refreshing health drink, while RTD coffee is regarded as an instant energy drink. They are widely distributed in cans, glass bottles, polyethylene terephthalate (PET) bottles, and aseptic cartons. As opposed to brew-it-yourself tea and coffee products or conventionally used beverage mixes and powders, RTD tea and coffee offer familiarity with taste and increased consumer convenience.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Global Ready to Drink Tea and Coffee Market Trends:

The market is primarily driven by the escalating demand for instant energy drinks across the globe. This can be attributed to the hectic schedules and fast-paced lifestyle led by consumers. In addition to this, a considerable rise in lifestyle diseases, such as obesity and diabetes, is resulting in the increased consumer preference towards soft drinks with health benefits, which, in turn, is fueling the market. Also, growing concerns regarding the adverse effects of carbonated drinks are leading to a paradigm shift towards coffee and tea, thereby resulting in a higher product uptake. The market is further driven by continual product innovations, such as the introduction of diverse flavors and beneficial ingredients, including antioxidants and nutraceuticals. Some of the other factors contributing to the market growth include rapid urbanization, inflating disposable incomes of the consumers, easy product availability across online and offline organized retail channels and extensive research and development (R&D) activities. On account of the aforementioned factors, the market is anticipated to reach a value of US$ 140.7 Billion by 2027, exhibiting a CAGR of 7.4% during 2022-2027.

Market Summary:

  • Based on the product, the market has been bifurcated into ready to drink tea (black, fruit and herbal based, oolong, and green tea) and ready to drink coffee (ginseng, vitamin B, taurine, guarana, yerba mate and acai berry).
  • On the basis of additives, the market has been categorized into flavors, artificial sweeteners, acidulants, nutraceuticals, preservatives, and others.
  • Based on packaging, the market has been segmented into glass bottle, canned, PET bottle, aseptic, and others.
  • On the basis of price segment, the market has been divided into premium, regular, popular priced, fountain, and super premium.
  • On the basis of the distribution channel, the market has been divided into off-trade (independent retailers, supermarkets and hypermarkets, convenience stores and others) and on-trade (food service and vending).
  • On the geographical front, the market has been segregated into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
  • The competitive landscape of the market has been studied in the report with the detailed profiles of the key players. Some of these players include Asahi Breweries, Dr Pepper Snapple Group, Starbucks, Pepsico, The Coca Cola Company, Ajinomoto General Foods Inc., Ting Hsin International Group, Uni-President Enterprises Corporation, Nestle, Dunkin' Brands, Ferolito Vultaggio & Sons, Keurig Dr Pepper, Hangzhou Wahaha Group, Lotte Chilsung, Monster Beverage, Acqua Minerale San Benedetto, Kirin Holdings Company, Unilever, Arizona Beverage Company, and Suntory.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

30 N Gould St, Ste R
Sheridan, WY 82801, USA
Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800


Global Ready to Drink Tea and Coffee Market to Reach US$ 140.7 Billion by 2027, Propelled by the Escalating Demand for Instant Energy Drinks
Select Licence Type

Benefits of Customization

Personalize This Research

Triangulate with your Data

Get Data as per your Format and Definition

Gain a Deeper Dive into a Specific Application, Geography, Customer or Competitor

Any level of Personalization

Get in Touch With Us

Phone: +1-631-791-1145


Phone: +91-120-433-0800


Phone: +44-753-713-2163


Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Bayer AH

It was indeed a great experience to work with IMARC on the assignment on Aqua market. The team had done a fantastic job in terms of what was expected, what was assured and what was the result… the report gave us many insights and market know how which allowed us to work on our strength and define exact strategies…

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More