RTD Tea Market Research Report - Global Forecast till 2024
RTD Tea Market Forecast to 2024 Available in New Report
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Copyright Š 2017 Market Research Future.
RTD Tea Market Research Report - Global Forecast till 2024
1 Summary Global RTD Tea Market Research Report: Information by Type (Black Tea, Green Tea, White Tea and others), Category (Organic and Conventional), Packaging Type (Bottles, Cans and Cartons), Distribution Channel (StoreBased [Hypermarkets and Supermarkets, Convenience Stores and others] and Non-Store-Based) and Region (North America, Europe, Asia-Pacific and the Rest of the World) - Forecast till 2024
Key Players:
Tata Global Beverages (India), ITO EN LTD. (Japan), Hain Celestial Group (US), Nestle S.A. (Switzerland), The Republic of Tea (US), Bearfield (Netherlands), Unilever (UK), PepsiCo, Inc. (US), Coca-Cola Company (US), Starbucks Corporation (US), Dilmah (Sri Lanka), Snapple Beverage Corp. (US), Harney & Sons Fine Teas (US), Inko's Tea (US), and Blu-Dot Beverage Company (Canada) are some of the key players in the global RTD tea market.
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Copyright Š 2017 Market Research Future.
RTD Tea Market Research Report - Global Forecast till 2024
2 Market Overview Global RTD Tea Market size accounted for approximately USD 21.30 billion in 2018 and is expected to register a CAGR of 5.7% during the forecast period of 2019 to2024. RTD tea refers to ready-to-drink tea which is made available in various flavors by the key players in the market. Tea is one of the most common beverages consumed for refreshment across the globe. It is prepared by soaking dried leaves of a variety of tea such as black tea leaves, green tea leaves, and white tea leaves in water.
Regional Analysis: The market in North America is expected to dominate the global RTD tea market during the forecast period owing to increasing consumer preference for healthy beverages. The US is expected to be the major contributor to the growth of North American RTD tea market. However, the market in Asia-Pacific is projected to register the highest CAGR during the forecast period with China, Japan, India, and Australia being the largest country-level markets for RTD tea in the region. Rising per capita disposable incomes leading to increased spending on health and wellness products is driving the RTD tea consumption in this region. The market in Europe is also expected to witness substantial growth during the forecast period with increasing investment by the key players
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Copyright Š 2017 Market Research Future.
RTD Tea Market Research Report - Global Forecast till 2024
3 Pages Segment
The global RTD tea market has been segmented based on type, category, packaging type, distribution channel, and region. By type, the global RTD tea industry has been classified as black tea, green tea, white tea, and others. On the basis of category, the global RTD tea industry has been bifurcated into organic and conventional. Based on packaging type, the global RTD tea industry has been divided into bottles, cans, and cartons. On the basis of distribution channel, the global RTD tea industry has been classified as store-based and nonstore-based. The store-based segment has been further divided into supermarkets and hypermarkets, convenience stores, and others.
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Copyright Š 2017 Market Research Future.
RTD Tea Market Research Report - Global Forecast till 2024
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Copyright Š 2017 Market Research Future.
