RTD Tea Market Report 2024 - PowerPoint PPT Presentation

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RTD Tea Market Report 2024

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According to Cognitive Market Research, The Global RTDT Tea market will be USD 105.2 billion in 2023 and will expand at a compound annual growth rate (CAGR) of 7.20% from 2023 to 2030. – PowerPoint PPT presentation

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Date added: 15 February 2024
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Title: RTD Tea Market Report 2024


1
GLOBAL RTD TEA MARKET REPORT 2024
Global,Regional,CountryAnalysis
2
INTRODUCTION
The global ready-to-drink (RTD) tea market has
grown significantly as consumer tastes have
shifted toward healthier beverage options. RTD
Tea offers various flavours, formulas, and
packaging to appeal to a wide spectrum of
consumers. It is well-known for its convenience
and alleged health advantages. The main factors
propelling this market are the growing interest
in on-the-go beverages, health and wellness
consciousness, and demand for natural and
functional ingredients. Furthermore, the market
has seen developments like herbal infusions,
low-calorie choices, and sustainable packaging.
Due to their rich history of tea consumption, the
Asia-Pacific region leads the market. However,
demand for RTD tea is growing in North America
and Europe as consumers emphasise authenticity,
natural ingredients, and distinctive flavour
profiles. Since the market is still changing,
strategic.
3
KEY INSIGHTS
MARKET SIZE USD 105.2 billion
2023
CAGR 7.20
2023- 2030
4
REVENUE MARKET SHARE BY SEGMENTS 2022
  • Black Tea
  • White Tea
  • Green Tea

Type Segment
  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Non-Store-Based

Distribution channel
  • Bottles
  • Cans
  • Cartons

Packaging Type Segment
5
Global RTD Tea Market Revenue share for 2022
Asia Pacific 38
6
Tea's Health Benefits to Propel Market Growth
Drivers
Rising RTD Coffee Consumption to Restrict Market
Growth
Restraints
7
AUTHOR'S PERSPECTIVE
  • The Global RTD Tea Market is witnessing
    significant growth in the near future.
  • Polyphenols, vitamins, proteins, carbohydrates,
    trace minerals, and alkaloids such as caffeine,
    theobromine, and theophylline are also present.
  • Green tea, the least processed variety of tea
    available, has several health benefits, such as
    promoting weight loss, preserving brain and
    cardiac health, and enhancing digestion.
  • Supermarkets and hypermarkets are becoming more
    popular as venues to buy goods in established and
    developing markets, fueling the rise of the
    supermarket/hypermarket industry.
  • Organic products made from natural resources are
    free of harmful chemicals. RTD tea ingredients
    are grown naturally with no use of dangerous
    chemicals.

8
KEY PLAYERS
9
For Full Report
Contact us
COGNITIVE MARKET RESEARCH
Tel 1 312-376-8303 44 020-8123-0732 India
(91) 983-496-8611
sales_at_cognitivemarketresearch.com
Access the Full Report http//tinyurl.com/47mpu2
t4
Please visit our website https//www.cognitivemar
ketresearch.com
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