Ready-to-Drink Tea Drinks Market: Information by Type (Green Tea, Black Tea, Red Tea, Oolong Tea, Fruit & Herbal Based Tea) Application (Supermarkets/Hypermarkets, Convenience stores, Food service, Vending, Others), and Region (Asia-Pacific, North America, Europe, Latin America, and Others) — Global Forecast till 2026
Ready-To-Drink Tea Drinks are packaged beverages that sold in a prepared form, ready for consumption, which available as different flavors, including Green, Black, Red, Oolong, Fruit, Herbal, and etc.
Based on the report, the global Ready-to-Drink Tea Drinks market is estimated to be USD xxxx million in 2019 and is expected to reach USD xxxx million by 2026, with a CAGR of xxxx% during the forecast period.
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Key Dynamics
Key dynamics that stimulating the global Ready-to-Drink Tea beverage market include the taste and easy availability of the drinks, the instant energy offered by these products, as well as the healthier advantages compared to other drinking commodities such as carbonated soft drinks. Also, other factors like the growing demand for iced tea and concentrates, the launching of new flavor drinks, the increasing youth groups, and the clever marking and branding efforts by key players is triggering the overall market. However, with fluctuation in raw material prices, coupled with the growing cost for production, which in turn may cause a negative impact on the market expansion.
Segmentation
On the basis of type, Ready-to-Drink Tea Drinks Market segmented into
l Green Tea
l Black Tea
l Red Tea
l Oolong Tea
l Fruit & Herbal Based Tea
l Others
On the basis of application, Ready-to-Drink Tea Drinks Market segmented into
l Supermarkets/Hypermarkets
l Convenience stores
l Food service
l Vending
l Others
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Major Producers
Arizona
Lipton
Gold Peak
Snapple
Honest Tea
PepsiCo Inc.
The Coca-Cola Company
Suntory Holdings Ltd
Ting Hsin International Group
ITO EN Inc.
JDB Group
Uni-President Enterprises
Unilever
OISHI GROUP
Regional Spotlights
Geographically, North America is one of the largest producers of RTD beverages and the one which remains an expeditious rate of growth during the recent past, this is due to a large number of top companies manufacturing drinking products in the region, such as Coca-Cola and Starbucks. Similarly, Europe and APEC are predicted to see increase sales over the forecast period, mainly due to the growing consumption of Tea drinks especially the healthy ones in these regions.
Overall Regions Outlook
l North America (U.S., Canada, Mexico)
l Europe (Germany, France, Italy, Spain, U.K., Nordic Countries, Belgium, Russia, Rest of Europe
l Asia Pacific (China, India, Australia, Japan, South Korea, Australia and New Zealand, Rest of Asia Pacific)
l Latin America, Middle East & Africa (Brazil, Nigeria, Argentina, South Africa, GCC Countries.
l Others
In-depth Ready-to-Drink Tea Drinks Market Report: Intended Audience
l Ready-to-Drink Tea Drinks manufacturers
l Raw material suppliers of Ready-to-Drink Tea Drinks products
l Downstream vendors and end-users
l Traders, distributors, and resellers of Ready-to-Drink Tea Drinks
l FMCG, food & beverages industry associations and research organizations
l Product managers, Ready-to-Drink Tea Drinks industry administrator, C-level executives of the industries
l Market Research and consulting firms
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Years considered for the study
l Base Year: 2018
l Estimated Year: 2019
l Forecast Period: 2019 to 2026
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