ready to drink (rtd) tea & coffee market size, demand and global opportunity analysis outlook...
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Global Ready To Drink (RTD) Tea & Coffee Market Outlook:
Industry Insights & Opportunity Evaluation,
2015-2021
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Global Ready to Drink (RTD) Tea and Coffee
Market Overview
Hectic pace of today’s modern lifestyle is very
disadvantageous to our health as it badly affects our
dietary habits. Ready to drink tea and coffee have emerged
as an instant and healthier option available to people and
are currently in great demand in the beverage industry.
The global ready to drink (RTD) tea and coffee market is
envisioned to escalate at compound annual growth rate
(CAGR) of 5.3% and is expected to reach 50 billion litres
(in terms of consumption)by 2021. Geographically, the
global RTD tea and coffee market is segmented into North
America, Latin America, Western and Eastern Europe,
Asia-Pacific, Middle East and North Africa (MENA) and
Rest of World.
Market Segmentation
By Additives
The global RTD tea and coffee market is segmented based
on type of additives into preservatives, flavours, acidulants
and sweeteners.
By Packaging
On the basis of packaging, the global RTD tea and coffee
market is divided as glass bottle, cans, cartons and pet
bottles.
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By Type
Based on type, the global RTD tea market is segmented as
green tea, herbal tea, black tea and others.
On the other hand, the global RTD coffee market is
segmented into Gaurana, Genseng, Taurine, Yerba Mate
and others.
Growth Drivers and challenges
Increasing heath consciousness coupled with increasing
inclination of youth towards ready to drink beverages is
believed to garner the growth of global RTD tea and coffee
market over the forecast period i.e. 2015-2021.
In addition to that increasing awareness about health
benefits of RTD tea and coffee over carbonated drinks is
also believed to foster the global RTD tea and coffee
market in future.
However, limited commercial refrigeration service
availability in developing countries and increasing cost of
raw materials is projected to restrain the growth of global
RTD tea and coffee market over next few years.
Market Size and Forecast
With 65.2% of share in 2015, Asia-Pacific dominates the
global RTD tea and coffee market. The region is further
believed to have the highest growth in RTD tea and coffee
market sparked by rapidly expanding urban population,
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increasing per capita income and rising adoption of café
culture in countries such as India and China. At present,
with 55% of market share Japan dominates Asia-Pacific
RTD tea and coffee market followed by China with 29%
share.
Source: Research Nester
North America accounted for 23.2% of RTD tea and coffee
market in 2015. The U.S. is the largest market RTD tea and
coffee market in North America followed by Canada. Sales
of RTD tea and Coffee witnessed a year-on-year (Y-O-Y)
growth rate of 3.9% over 2014-2015.
Europe accounted for approximately 11.0% of market in
2015. The market in the region is propelled by increasing
65.00%
Percentage Share in Global Ready to Drink (RTD) Tea & Coffee Market, 2015- By Region
North America Latin America Europe Asia-Pacific Middle East & Africa
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demand for healthier beverages over existing carbonated
drinks.
With 2.1% share Middle East and Africa RTD market is
still in its initial phase. However, the market in the region
is set for a burgeoned growth in future.
Key Players
Global RTD tea and coffee market is very competitive and
includes some of the top players such as Coca-Cola, Ting
Hsin, Uni-President, Unilever, JBD Group, San Benedetto,
Ferolito Vultaggio, apan Tobacco Inc., etc.
Scope and Context
Overview of the Parent Market
Analyst View
Market Size and Growth
North America (U.S., Canada)
Latin America (Mexico, Brazil, Rest of Latin America)
Western and Eastern Europe (Germany, Italy, Spain,
France, U.K, Benelux, Hungary, Rest Of Western
Europe, Russia Poland, Rest of Eastern Europe)
Asia-Pacific (China, India, Singapore, Japan, Australia
& New Zealand & Rest of Asia)
Rest of World
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Segmentation
By Additives
By Packaging
By Types
By Geography
Market Dynamics
Supply & Demand Risk
Competitive Landscape
Porter’s Five Force Model
Geographical Economic Activity
Key Players (respective SWOT Analysis) and their
Strategies and Product Portfolio
Recent Trends and Developments
Industry Growth Drivers and Challenges
Key Information for Players to establish themselves in
current dynamic environment
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drink-rtd-tea-and-coffee-market-analysis-opportunity-
outlook-2021/33
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