RTD Tea Drinks refer to Tea-based or tea-flavoured beverage in a ready-to-drink format. It can come in different flavour variants, such as black, green, red, oolong, jasmine, and fruit among others.
Ready-to-drink teas are steadily increasing in popularity among consumers and sales are expected to continue to grow. Ready-to-drink (RTD) tea is seeing mounting demand owing to the busy and fast-paced lifestyle of consumers, and also as an alternative to carbonated drinks. RTD tea, in particular, is considered as a vital health drink. The mega trend towards convenience also influences the tea category: consumers appreciate ready-to-drink tea as a thirst-quencher with a wellness factor that can be relished immediately and anywhere without needing to be brewed hot.
Leaders in Ready-to-drink teas market are Ting Hsin International, Coca-Cola, ITO EN Inc., JDB Group, Uni-President Enterprises, Unilever, Arizona Beverage Company, OISHI GROUP and a few others.
According to this study, over the next five years the RTD Tea Drinks market will register a 4.3% CAGR in terms of revenue, the global market size will reach USD 45500 million by 2024, from USD 35400 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in RTD Tea Drinks business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of RTD Tea Drinks market by product type, application, key manufacturers and key regions and countries.
This study considers the RTD Tea Drinks value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Glass Bottle
PET Bottle
Canned
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
On Trade
Off Trade
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Ting Hsin International
Coca-Cola
ITO EN Inc.
JDB Group
Uni-President Enterprises
Unilever
Arizona Beverage Company
OISHI GROUP
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global RTD Tea Drinks consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of RTD Tea Drinks market by identifying its various subsegments.
Focuses on the key global RTD Tea Drinks manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the RTD Tea Drinks with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of RTD Tea Drinks submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
