Global Ready-to-Drink Tea and Coffee Market (2021-2026)


DUBLIN, 23 November 2021 / PRNewswire / – The report “Ready-to-Drink Tea and Coffee Market: Global Industry Trends, Share, Size, Growth, Opportunities, and Forecast 2021-2026″ has been added to ResearchAndMarkets.com offer.

Global ready-to-drink tea and coffee market reached 114 billion US dollars in 2020. Looking ahead, the publisher expects the market to grow at a CAGR of 7.5% during 2021-2026. Bearing in mind the uncertainties of COVID-19, we are continuously monitoring and evaluating the direct and indirect influence of the pandemic on different end-use sectors. This information is included in the report as a major contributor to the market.

Ready-to-drink tea and coffee (RTD) refers to pre-prepared packaged beverages that are ready to be consumed at the time of purchase. Some of the commonly available RTD teas include fruit, black, green, herbs, matcha, oolong, and iced coffee, and RTD coffee includes yerba mate, guarana, acai berry, ginseng , taurine and icy variants. They are made using various additives, extracts, preservatives, artificial and natural sweeteners, flavors, acidulants, and nutraceuticals. These products are generally fortified with essential vitamins and minerals and are a rich source of antioxidants. For example, RTD green tea is infused with catechin, and black coffee is fortified with vitamin B, potassium, magnesium, polyphenols, and caffeine. They are widely served in cans, glass bottles, polyethylene terephthalate (PET) bottles and aseptic cartons. Compared to traditionally used drink mixes, powders, or do-it-yourself tea or coffee products, RTD tea and coffee offer various health benefits and increased convenience for consumers.

The market is primarily driven by the growing demand for RTD drinks, such as packaged teas and coffees, across the world. Changing lifestyles, increasing spending capacity, and changing consumer food preferences are further driving the market growth. Due to the increasing labor force and busy schedules, the consumption of RTD tea and coffee products has increased significantly. Consumers increasingly prefer foods and beverages that require minimal preparation time and can be eaten on the go. The canned and bottled packaging of these drinks also adds to the convenience of consumers, thus increasing their overall demand.

Along the same lines, growing health awareness and awareness of the harmful effects of prolonged soft drink consumption act like other growth factors. In addition, the increasing prevalence of chronic lifestyle conditions, such as heart disease, diabetes, obesity and cancer, as well as the increase in the geriatric population, which is more susceptible to such conditions, have increased demand for RTD drinks to meet patient dietary needs. . RTD teas and coffees can also be personalized to provide consumers with personalized health benefits to fill nutritional gaps, especially in women and children. In addition, young people in various developed and developing countries are turning to RTD drinks instead of synthetic sports drinks for an instant energy boost.

The growing demand for ready-to-drink tea and coffee is further supported by the significant growth of the food industry across the world. Quick service hotel, cafe and restaurant (QSR) chains offer a wide variety of RTD drinks to their customers. They are also used as recreational products to attract the younger population looking for a healthier alternative to high sugar carbonated drinks. RTD teas and coffees are low in calories and are also known to relieve stress, anxiety, and improve mental functioning, energy levels, hydration levels, and eyesight. Some herbal and spice infused variants, such as ginger, cumin, fennel, basil, and rose hips, also contain anti-inflammatory compounds that help reduce body pain, bloating, joint pain. arthritis and body aches. Additionally, RTD coffees are considered a gourmet product and are widely preferred by consumers to unwind from their busy schedules.

The emerging trend of healthier drinks has dramatically increased the demand for RTD tea and coffee. The growing health awareness among the masses has also led to a growing demand for healthier, organic drinks that are made from ingredients of non-genetically modified (GMO) organisms or functional formulations. Product makers are also developing flavor-enhanced variants that are produced from plant-based milk and infused with fruity and floral flavors, such as apple, peach, orange, lavender, and rose.

The market is further boosted by the aggressive promotional activities of the product manufacturers on various social media platforms via the internet. With this in mind, millennials are among the heaviest consumers of RTD drinks and are heavily influenced by social media personalities. Product sellers use innovative marketing strategies to promote these drinks to celebrities and influential sports figures in order to reach and attract a wider consumer base. They use attractive packaging solutions to grab the consumer’s attention and provide them with an authentic and luxurious experience through their high quality products. Thanks to online retail platforms, consumers can now place orders from the comfort of their own homes and manufacturers and sellers of products are able to reach audiences in remote locations. They can also now operate with minimal expense and increasingly invest in product research and development (R&D) activities.

Competitive landscape:

The report also analyzed the competitive landscape of the market with some of the major players being Asahi Breweries, Dr Pepper Snapple Group, Starbucks, Pepsico, The Coca Cola Company, Ajinomoto General Foods Inc., Ting Hsin International Group, Uni-President Enterprises Corporation, Nestlé, Dunkin ‘Brands, Ferolito Vultaggio & Sons, Keurig Dr Pepper, Hangzhou Wahaha Group, Lotte Chilsung, Monster Beverage, Acqua Minerale San Benedetto, Kirin Holdings Company, Unilever, Arizona Beverage Company, Suntory, etc.

Main topics covered:

1 Preface

2 Scope and methodology

3 Executive summary

4 Presentation
4.1 Overview
4.2 Key Industry Trends

5 Global Ready-to-Drink Tea and Coffee Market
5.1 Market overview
5.2 Market performance
5.3 Impact of COVID-19
5.4 Market breakdown by product
5.5 Market breakdown by additives
5.6 Market breakdown by packaging
5.7 Market breakdown by price segment
5.8 Market breakdown by distribution channel
5.9 Market breakdown by region
5.10 Market Forecast

6 Market breakdown by product
6.1 RTD tea
6.1.1 Market trends
6.1.1 Main types
6.1.1.1 Black tea
6.1.1.2 Fruit and herbal tea
6.1.1.3 Oolong tea
6.1.1.4 Green tea
6.1.2 Market Forecast
6.2 RTD Cafe
6.2.1 Market trends
6.2.2 Main types
6.2.2.1 Ginseng
6.2.2.2 Vitamin B
6.2.2.3 Taurine
6.2.2.4 Guarana
6.2.2.5 Yerba mate
6.2.2.6 Acai berry
6.2.3 Market Forecast

7 Market breakdown by additives
7.1 Flavors
7.1.1 Market trends
7.1.2 Market Forecast
7.2 Artificial sweeteners
7.2.1 Market trends
7.2.2 Market Forecast
7.3 Acidifiers
7.3.1 Market trends
7.3.2 Market Forecast
7.4 Nutraceuticals
7.4.1 Market trends
7.4.2 Market Forecast
7.5 Preservatives
7.5.1 Market trends
7.5.2 Market Forecast
7.6 Others
7.6.1 Market trends
7.6.2 Market Forecast

8 Market breakdown by packaging
8.1 Glass bottle
8.1.1 Market trends
8.1.2 Market Forecast
8.2 Canned
8.2.1 Market trends
8.2.2 Market Forecast
8.3 PET bottle
8.3.1 Market trends
8.3.2 Market Forecast
8.4 Aseptic
8.4.1 Market trends
8.4.2 Market Forecast
8.5 Others
8.5.1 Market trends
8.5.2 Market Forecast

9 Market breakdown by price segment
9.1 Premium
9.1.1 Market trends
9.1.2 Market Forecast
9.2 Regular
9.2.1 Market trends
9.2.2 Market Forecast
9.3 Popular price
9.3.1 Market trends
9.3.2 Market Forecast
9.4 Fountain
9.4.1 Market trends
9.4.2 Market Forecast
9.5 Super Premium
9.5.1 Market trends
9.5.2 Market Forecast

10 Market breakdown by distribution channel
10.1 Excluding trade
10.1.1 Market trends
10.1.2 Main channels
10.1.2.1 Independent retailers
10.1.2.2 Supermarkets and hypermarkets
10.1.2.3 Convenience Stores
10.1.2.4 Others
10.1.3 Market Forecast
10.2 In the market
10.2.1 Market trends
10.2.2 Main channels
10.2.2.1 Restoration
10.2.2.2 Sale
10.2.3 Market Forecast

11 Market breakdown by region

12 SWOT Analysis

13 Value chain analysis

14 Porter’s Five Forces Analysis

15 Price analysis

16 Competitive landscape
16.1 Market structure
16.2 Key players
16.3 Profiles of key players
16.3.1 Asahi Breweries
16.3.2 Dr Pepper Snapple Group
16.3.3 Starbucks
16.3.4 Pepsico
16.3.5 The Coca Cola Company
16.3.6 Ajinomoto General Foods Inc.
16.3.7 Ting Hsin International Group
16.3.8 Uni-President Enterprise Corporation
16.3.9 Nestlé
16.3.10 Dunkin brands
16.3.11 Ferolito Vultaggio & Fils
16.3.12 Keurig Dr Pepper
16.3.13 Hangzhou Wahaha Group
16.3.14 Monkfish Chilsung,
16.3.15 Monster Drink
16.3.16 Acqua Minerale San Benedetto
16.3.17 Kirin Holding Company
16.3.18 Unilever
16.3.19 Arizona Beverage Company
16.3.20 Suntory

For more information on this report, visit https://www.researchandmarkets.com/r/jafycy

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