Ready-to-Drink Tea Trends and Forecast
The future of the global ready-to-drink tea market looks promising with opportunities in the supermarket/hypermarket, specialty store, and online store markets. The global ready-to-drink tea market is expected to reach an estimated $39.9 billion by 2030 with a CAGR of 5.2% from 2024 to 2030. The major drivers for this market are increasing awareness of the need to adopt a healthy lifestyle, growing popularity of functional teas, such as herbal and green teas, and expanding demand for convenience and ready-to-consume products.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Ready-to-Drink Tea by Segment
The study includes a forecast for the global ready-to-drink tea by type, category, distribution channel, and region.
Ready-to-Drink Tea Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Green Tea
• Black Tea
• Others
Ready-to-Drink Tea Market by Category [Shipment Analysis by Value from 2018 to 2030]:
• Organic
• Conventional
Ready-to-Drink Tea Market by Distribution Channel [Shipment Analysis by Value from 2018 to 2030]:
• Supermarkets / Hypermarkets
• Specialty Stores
• Online Stores
• Others
Ready-to-Drink Tea Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Ready-to-Drink Tea Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies ready-to-drink tea companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the ready-to-drink tea companies profiled in this report include-
• Suntory
• Nestle
• Unilever
• The Coca Cola Company
• Starbucks
• The Republic of Tea
• Tata Global Beverages
• Danone
• Snapple Beverage
• Harney & Sons Fine Teas
Ready-to-Drink Tea Market Insights
Lucintel forecasts that black tea will remain the larger segment over the forecast period.
Within this market, supermarket/hypermarket is expected to witness the highest growth over the forecast period.
North America is expected to witness highest growth over the forecast period.
Features of the Global Ready-to-Drink Tea Market
Market Size Estimates: Ready-to-drink tea market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Ready-to-drink tea market size by type, category, distribution channel, and region in terms of value ($B).
Regional Analysis: Ready-to-drink tea market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, categories, distribution channels, and regions for the ready-to-drink tea market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the ready-to-drink tea market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the ready-to-drink tea market size?
Answer: The global ready-to-drink tea market is expected to reach an estimated $39.9 billion by 2030.
Q2. What is the growth forecast for ready-to-drink tea market?
Answer: The global ready-to-drink tea market is expected to grow with a CAGR of 5.2% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the ready-to-drink tea market?
Answer: The major drivers for this market are increasing awareness of the need to adopt a healthy lifestyle, growing popularity of functional teas, such as herbal and green teas, and expanding demand for convenience and ready-to-consume products.
Q4. What are the major segments for ready-to-drink tea market?
Answer: The future of the ready-to-drink tea market looks promising with opportunities in the supermarket/hypermarket, specialty store, and online store markets.
Q5. Who are the key ready-to-drink tea market companies?
Answer: Some of the key ready-to-drink tea companies are as follows:
• Suntory
• Nestle
• Unilever
• The Coca Cola Company
• Starbucks
• The Republic of Tea
• Tata Global Beverages
• Danone
• Snapple Beverage
• Harney & Sons Fine Teas
Q6. Which ready-to-drink tea market segment will be the largest in future?
Answer: Lucintel forecasts that black tea will remain the larger segment over the forecast period.
Q7. In ready-to-drink tea market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the ready-to-drink tea market by type (green tea, black tea, and others), category (organic and conventional), distribution channel (supermarkets / hypermarkets, specialty stores, online stores, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Ready-to-Drink Tea Market, Ready-to-Drink Tea Market Size, Ready-to-Drink Tea Market Growth, Ready-to-Drink Tea Market Analysis, Ready-to-Drink Tea Market Report, Ready-to-Drink Tea Market Share, Ready-to-Drink Tea Market Trends, Ready-to-Drink Tea Market Forecast, Ready-to-Drink Tea Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.