1. Market Research
  2. > Beverage
  3. > Soft Drink Market Trends
Ready-to-drink Tea Market by Type, Category, and Distribution Channel : Global Opportunity Analysis and Industry Forecast, 2021–2027

Ready-to-drink Tea Market by Type, Category, and Distribution Channel : Global Opportunity Analysis and Industry Forecast, 2021–2027

  • September 2020
  • 299 pages
  • ID: 5983666
  • Format: PDF
  • Allied Market Research

Summary

Table of Contents

Ready-to-drink (RTD) Tea Market by Type (Green Tea, Black Tea, and Others), Category (Organic and Conventional), and Distribution Channel (Supermarket/Hypermarket, Specialty Stores, Online Stores, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2027

Ready-to-drink (RTD) tea is a packaged beverage sold in a prepared form, which is ready for consumption. The global RTD tea market is poised to witness significant growth during the forecast period, owing to increase in number of fast food restaurants, tech-savvy ordering options, rise in demand for international cuisines, and change in consumer taste & preference. Moreover, the trend of being proactive to chronic health problems is boosting the demand for ready-to-drink tea, as it contains antioxidants and other essential ingredients.
RTD tea is sold in various forms, including black tea and green tea. The global Ready-to-drink tea market is growing at steady pace with a rate of 5.5–6.0%. According to AMR, the global ready-to-drink tea market was valued at $29.66 billion in 2019, and is anticipated to reach $38.96 billion by 2027, with a CAGR of 5.5% during the forecast period. The ready-to-drink tea market exhibits an incremental revenue opportunity of $9.29 billion from 2019 to 2027.
Manufacturers are focusing on key innovations that cater to the requirements of large consumer base. ready-to-drink tea products are now being considered as healthy replacements for carbonated drinks owing to which the demand for these products is expected to grow rapidly. Thus, this has resulted in increased demand for various flavors of ready-to-drink tea in emerging nations. Furthermore, increase has been witnessed in the number of netizens along with rise in internet penetration. Taking this into consideration, most of the key players in the market strategize on promoting their products on various social media platforms. Thus, through social media marketing strategy, the ready-to-drink tea market sights remunerative growth opportunity during the forecast period.
The effects of the COVID-19 pandemic has been further challenging for the tea industry. The industry has made considerable adjustments in response to the crisis of pandemic, and the government has taken various steps to mitigate the problems faced by the industry. This shift has caused supply chain bottlenecks due to logistics and smaller unit packaging needs of retail stores. Simultaneously, the tea industry has entered its peak season of tea production, which led to increase in the production of tea across the globe.
The global ready-to-drink tea market is segmented into type, category, distribution channel, and region. By type, it is categorized into green tea, black tea, and others. Depending on category, it is bifurcated into organic and conventional. On the basis of distribution channel, it is segregated into supermarkets/hypermarkets, specialty stores, online stores, and others. Region wise, it is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, France, the UK, Spain, the Italy, Russia, and rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, Indonesia, Pakistan, and rest of Asia-Pacific), and LAMEA (Brazil, Argentina, United Arab Emirates, Nigeria, Turkey, South Africa, and rest of LAMEA).
The key players profiled in this report include are Suntory Holdings, Nestle S.A, Unilever NV, The Coca Cola Company, Starbucks Corporation, The Republic of Tea, Tata Global Beverages, Danone S.A., Snapple Beverage Corp.( Keurig Dr Pepper), and Harney & Sons Fine Teas.

KEY BENEFITS FOR STAKEHOLDERS
• The study provides an in-depth analysis of the global ready-to-drink tea market, with current trends and future estimations to elucidate the imminent investment pockets in the market.
• The report provides information regarding drivers, restraints, and opportunities with impact analysis.
• A quantitative analysis of the current market and estimation for the same from 2019 to 2027 is provided to showcase the financial competency of the market.
• Porter’s five forces model of the industry illustrates competitiveness of the market by analyzing various parameters such as threat of new entrants, threat of substitutes, bargaining power of the buyers, and bargaining power of the suppliers operating in the market.
• Value chain analysis in the report provides a clear understanding of the roles of stakeholders involved in the value chain.
• Competitive intelligence highlights the business practices followed by the leading market players across various regions.

KEY MARKET SEGMENTS
• By Type
o Green Tea
o Black tea
o Others
• Category
o Organic
o Conventional
• By Distribution Channel
o Supermarkets/Hypermarkets
o Specialty Stores
o Online stores
o Others
• By Region
o North America
- U.S.
- Canada
- Mexico
o Europe
- Germany
- France
- UK
- Italy
- Spain
- Russia
- Rest of Europe
o Asia-Pacific
- China
- Japan
- Australia
- South Korea
- Indonesia
- Pakistan
- Rest of Asia-Pacific
o LAMEA
- Brazil
- Argentina
- United Arab Emirates
- Turkey
- Nigeria
- South Africa
- Rest of LAMEA

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Hot Drinks in Chile

  • $ 2100
  • January 2021
  • 39 pages

Having suffered from a rise in COVID-19 cases and difficulties within its health system, Chile saw restrictions being implemented in both the off-trade and on-trade channels in 2020. Temporary on-trade ...

  • Chile
  • World
  • Beverage
  • Tea
  • Industry analysis
  • Retail Revenue
  • Coffee Sales

Hot Drinks in Algeria $ 2100 January 2021

Hot Drinks in Estonia $ 2100 January 2021

Hot Drinks in Hungary $ 2100 December 2020

Hot Drinks in Greece $ 2100 December 2020

Hot Drinks in New Zealand $ 2100 January 2021

Hot Drinks in Georgia $ 2100 January 2021


ref:plp2020

Reportlinker.com © Copyright 2021. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on