Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Ready-To-Drink (RTD) Tea Market Trends

Several manufacturers are infusing new and exotic flavours such as peach, mango, and brown sugar, among others, in RTD tea to cater to a diverse range of consumers and extend their market outreach.

 

With the growing focus on sustainability, there has been a surge in the adoption of recyclable packaging and eco-friendly business practices for the production of RTD tea, which further provides impetus to the growth of the ready-to-drink (RTD) tea market.

 

The rising health consciousness and the increasing trend of veganism are prompting market players to introduce innovative RTD teas with protein bases such as soya milk or nut milk.

 

CAGR 2024-2032 - Market by Country
India 8.6%
China 7.2%
Canada 5.5%
Australia 5.1%
USA 4.7%
UK XX%
Germany XX%
France XX%
Italy XX%
Japan 4.5%
Saudi Arabia XX%
Brazil XX%
Mexico XX%

 

Ready-To-Drink (RTD) Tea Market Report Snapshots

Ready-To-Drink (RTD) Tea Market Size

Ready-To-Drink (RTD) Tea Market Growth

Ready-To-Drink (RTD) Tea Market Trends

Ready-To-Drink (RTD) Tea Market Share

Ready-To-Drink (RTD) Tea Companies

Ready-To-Drink (RTD) Tea Market Regional Analysis

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2023, the market reached an approximate value of USD 34.1 billion.

The market is projected to grow at a CAGR of 5.8% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032, reaching a value of around USD 56.6 billion by 2032.

The major market drivers are growing awareness regarding the health benefits of RTD tea, the expansion of coffee houses and cafes, and the surge in the popularity of ready-to-go beverages.

The key trends of the market include increased incorporation of functional ingredients, infusion of new and exotic flavours by market players, surge in recyclable packaging and eco-friendly business practices for the production of RTD tea, and innovative measures such as carbonation and protein base in RTD tea by market players.

The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Different distribution channels are supermarkets and hypermarkets, speciality stores, and online stores, among others.

The key players in the market are Danone S.A., Nestle S.A., Starbucks Corporation, PepsiCo, Inc., Keurig Dr Pepper Inc, The Coca-Cola Company, Harney & Sons Fine Teas, Snapple Beverage Corp, Unilever PLC, and The Republic of Tea, among others.

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