The demand for ready-to-drink (RTD) tea and coffee is increasing owing to the busy and fast-paced lifestyles of consumers. These products are also alternatives to conventional carbonated drinks. Based on product type, the global RTD tea and coffee market has been segmented into: RTD tea (includes still and carbonated RTD tea), and RTD coffee (includes still and carbonated RTD coffee). The market is projected to witness a moderate growth as the demand for RTD products is gradually rising in the major beverage industries across the globe.
Technavio’s analysts forecast the global RTD tea and coffee market to grow at a CAGR of 8.81% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global RTD tea and coffee market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography: • Americas • APAC • EMEA
Technavio’s report, Global RTD Tea and Coffee Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors • JDB Group • Nestlé • PepsiCo • THE COCA-COLA COMPANY • Tingyi (Cayman Islands) Holding • Uni-President
Other prominent vendors • AJINOMOTO • Argo Tea • AriZona Beverages • Bhakti • Dr Pepper Snapple Group • F&N Foods • Fernwood Coffee • Health-Ade • ITO EN • KeVita • Marley Beverage • Millennium Products • Nongfu Spring • Pfanner • SOTEA • SOUND • Sunny Delight Beverages • Talking Rain • TeaZazz • The J.M. Smucker Company • The Verto Company • Yeo Hiap Seng
Market driver • Expanding organized retailing sector making products easily accessible • For a full, detailed list, view our report
Market challenge • Stringent government regulations • For a full, detailed list, view our report
Market trend • Innovations in packaging • For a full, detailed list, view our report
Key questions answered in this report • What will the market size be in 2021 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space?
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