Ready to Drink Tea Market & Ready to Drink Coffee Market worth $125 Billion by 2017

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MarketsandMarkets Presents
Ready to Drink Tea Market Ready to Drink Coffee
Market worth 125 Billion by 2017
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d-coffee-tea-market-476.html
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  The report Ready to Drink Tea Market Ready
to Drink Coffee Market - By Additives, Packaging,
Price Segments, Distribution Channels Geography
- Forecasts up to 2017, defines and segments the
global RTD tea and coffee market with analysis
and forecasting of the global volume and revenue
for the RTD tea and coffee. It also identifies
the driving and restraining factors for the
global market with analysis of trends,
opportunities, burning issues, winning
imperatives, and challenges. The market is
segmented and revenue is forecasted on the basis
of major regions such as North America, Europe,
Asia-Pacific, and Rest of the World (ROW). The
key countries are covered and forecasted for each
region. Further, market is segmented and revenue
is forecasted on the basis of additives,
packaging, price segments, distribution channel,
and geography. Browse more than 210 market data
tables/figures spread through 367 pages and
in-depth TOC on Ready to Drink Tea Market
Ready to Drink Coffee Market - By Additives,
Packaging, Price Segments, Distribution Channels
Geography - Forecasts up to 2017. http//www.m
arketsandmarkets.com/Market-Reports/rtd-coffee-tea
-market-476.html Early buyers will receive 10
customization on this report
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RTD tea and coffee are widely gaining popularity
due to fast and busy lifestyle, and as a
substitute to carbonated drinks. RTD tea is
especially looked by the consumers in orient as a
health drink. RTD coffee is perceived as an
instant energy source and it makes the consumer
more alert. Wider awareness about the health
benefits of drinking tea like antioxidant
properties, rising population with busy
lifestyles, and increase in disposable income is
making consumers opt for RTD tea and coffee. The
ill effects of carbonated drinks are another
factor responsible for the shift in demand
towards the RTD tea and coffee products. The
winning imperative of the industry is the
distribution alliances which is beneficial not
only in tapping the untapped market but also to
increase visibility of the product. The age old
habit of drinking hot tea and coffee, and higher
prices of RTD tea and coffee are the restraining
factors. The global market for RTD tea and
coffee in terms of revenue was estimated to be
worth around 69 billion in 2011 and is expected
to reach 125 billion by 2017, growing at an
estimated CAGR of 10.9 from 2012 to 2017.
Asia-Pacific is the largest market. The demand
for RTD tea and coffee market is expected to rise
in North America due to an increase in health
awareness and ill effects of the carbonated
drinks.
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