RTD Tea and Coffee Market Size, Share, Industry Trends, Analysis 2020-2025

Press Release:

Global Ready to Drink Tea and Coffee Market to Grow at a CAGR of 8% During 2019-2024, Fostered by Declining Sales of Carbonated Beverages

*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Ready to Drink Tea and Coffee Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

Market Overview:

The global ready to drink tea and coffee market is grew at a CAGR of around 9% during 2014-2019. Ready-to-Drink (RTD) tea and coffee include packaged non-alcoholic beverages that can be consumed without any prior preparation. They are pre-made, bottled and are enriched with various extracts, acids, flavors, sweeteners, antioxidants and preservatives. For instance, RTD green tea packs are infused with catechin while those of black coffee are rich in Vitamin B, potassium and magnesium, along with various functional compounds such as polyphenols and caffeine. These beverages are gaining immense popularity owing to the convenience and health benefits offered by them. Looking forward, IMARC Group expects the global ready to drink tea and coffee market to continue its moderate growth during the next five years.

The thriving food and beverage industry, along with rapid urbanization, is among the key factors driving the growth of the market. Owing to the increasing working population and hectic schedules, the consumption of ready-to-drink tea and coffee products has escalated. Additionally, the emerging café culture and the growing number of quick-service restaurants (QSRs), coupled with the rising health-consciousness, have significantly enhanced the preference for RTD beverages as they are considered to be a healthier alternative for carbonated drinks. Consumers, especially the youth, are opting for product variants which are rich in antioxidants, have low calories and anti-inflammatory properties, and provide an instant energy boost. Moreover, the introduction of authentic tea and coffee flavors manufactured using natural ingredients with various health benefits are impacting the product demand positively. Rising disposable incomes, aggressive promotional activities by manufacturers and the development of the online retailing market that provides a wide range of options to the consumers are expected to drive the market further.

IMARC Group’s latest report provides a deep insight into the global ready to drink tea and coffee market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the ready to drink tea and coffee market in any manner.

Report Coverage:

Historical, Current and Future Market Trends
Market Breakup by Product:
- RTD Tea
  - Black Tea
  - Fruit & Herbal Based Tea
  - Oolong Tea
  - Green Tea
- RTD Coffee
  - Ginseng
  - Vitamin B
  - Taurine
  - Guarana
  - Yerba Mate
  - Acai Berry
Market Breakup by Additives:
- Flavors
- Artificial Sweeteners
- Acidulants
- Nutraceuticals
- Preservatives
- Others
Market Breakup by Packaging:
- Glass Bottle
- Canned
- PET Bottle
- Aseptic
- Others
Market Breakup by Price Segment:
- Premium
- Regular
- Popular Priced
- Fountain
- Super Premium
Market Breakup by Distribution Channel:
- Off-trade
  - Independent Retailers
  - Supermarkets/Hypermarkets
  - Convenience Stores
  - Others
- On-trade
  - Food Service
  - Vending
Market Breakup by Region:
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America

Competitive Landscape:

The report has also analyzed the competitive landscape of the market with some of the key players being Asahi Breweries, Dr Pepper Snapple Group, Starbucks, Pepsico, The Coca Cola Company, Ajinomoto General Foods Inc., Ting Hsin International Group, Uni-President Enterprises Corporation, Nestlé, 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, Suntory, etc.

Key Questions Answered in This Report:

How has the global ready to drink tea and coffee market performed so far and how will it perform in the coming years?
What are the key regional markets in the global ready to drink tea and coffee industry?
What has been the impact of COVID-19 on the global ready to drink tea and coffee industry?
What is the breakup of the market based on the product type?
What is the breakup of the market based on the additives?
What is the breakup of the market based on the packaging?
What is the breakup of the market based on the price segment?
What is the breakup of the market based on the distribution channel?
What are the various stages in the value chain of the global ready to drink tea and coffee industry?
What are the key driving factors and challenges in the global ready to drink tea and coffee industry?
What is the structure of the global ready to drink tea and coffee industry and who are the key players?
What is the degree of competition in the global ready to drink tea and coffee industry?