Ready-to-Drink Tea Market Report: Trends, Forecast and Competitive Analysis to 2030

Ready-to-Drink Tea Trends and Forecast

The future of the global ready-to-drink tea market looks promising with opportunities in the supermarket/hypermarket, specialty store, and online store markets. The global ready-to-drink tea market is expected to reach an estimated $39.9 billion by 2030 with a CAGR of 5.2% from 2024 to 2030. The major drivers for this market are increasing awareness of the need to adopt a healthy lifestyle, growing popularity of functional teas, such as herbal and green teas, and expanding demand for convenience and ready-to-consume products.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Ready-to-Drink Tea by Segment

The study includes a forecast for the global ready-to-drink tea by type, category, distribution channel, and region.

Ready-to-Drink Tea Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Green Tea
• Black Tea
• Others

Ready-to-Drink Tea Market by Category [Shipment Analysis by Value from 2018 to 2030]:

• Organic
• Conventional

Ready-to-Drink Tea Market by Distribution Channel [Shipment Analysis by Value from 2018 to 2030]:

• Supermarkets / Hypermarkets
• Specialty Stores
• Online Stores
• Others

Ready-to-Drink Tea Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Ready-to-Drink Tea Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies ready-to-drink tea companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the ready-to-drink tea companies profiled in this report include-

• Suntory
• Nestle
• Unilever
• The Coca Cola Company
• Starbucks
• The Republic of Tea
• Tata Global Beverages
• Danone
• Snapple Beverage
• Harney & Sons Fine Teas

Ready-to-Drink Tea Market Insights

Lucintel forecasts that black tea will remain larger segment over the forecast period.

Within this market, supermarket/hypermarket is expected to witness the highest growth over the forecast period.

North America is expected to witness the highest growth over the forecast period.

Features of the Global Ready-to-Drink Tea Market

Market Size Estimates: Ready-to-drink tea market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Ready-to-drink tea market size by type, category, distribution channel, and region in terms of value ($B).

Regional Analysis: Ready-to-drink tea market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, categories, distribution channels, and regions for the ready-to-drink tea market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the ready-to-drink tea market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the ready-to-drink tea market size?

Answer: The global ready-to-drink tea market is expected to reach an estimated $39.9 billion by 2030.

Q2. What is the growth forecast for ready-to-drink tea market?

Answer: The global ready-to-drink tea market is expected to grow with a CAGR of 5.2% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the ready-to-drink tea market?

Answer: The major drivers for this market are increasing awareness of the need to adopt a healthy lifestyle, growing popularity of functional teas, such as herbal and green teas, and expanding demand for convenience and ready-to-consume products.

Q4. What are the major segments for ready-to-drink tea market?

Answer: The future of the ready-to-drink tea market looks promising with opportunities in the supermarket/hypermarket, specialty store, and online store markets.

Q5. Who are the key ready-to-drink tea market companies?

Answer: Some of the key ready-to-drink tea companies are as follows:

• Suntory
• Nestle
• Unilever
• The Coca Cola Company
• Starbucks
• The Republic of Tea
• Tata Global Beverages
• Danone
• Snapple Beverage
• Harney & Sons Fine Teas

Q6. Which ready-to-drink tea market segment will be the largest in future?

Answer: Lucintel forecasts that black tea will remain larger segment over the forecast period.

Q7. In ready-to-drink tea market, which region is expected to be the largest in next 5 years?

Answer: North America is expected to witness the highest growth over the forecast period.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the ready-to-drink tea market by type (green tea, black tea, and others), category (organic and conventional), distribution channel (supermarkets / hypermarkets, specialty stores, online stores, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?