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Source: Research and Markets

Ready to Drink (RTD) Tea & Coffee Market Set to Record a CAGR of 8% During 2019-2024

Dublin, Nov. 21, 2019 (GLOBE NEWSWIRE) -- The "Ready to Drink Tea and Coffee Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering.

The global ready to drink tea and coffee market is expected to grow at a CAGR of around 8% during 2019-2024. These beverages are gaining immense popularity owing to the convenience and health benefits offered by them.

The thriving food and beverage industry, along with rapid urbanization, is among the key factors driving the growth of the market. Owing to the increasing working population and hectic schedules, the consumption of ready-to-drink tea and coffee products has escalated.

Additionally, the emerging cafe culture and the growing number of quick-service restaurants (QSRs), coupled with the rising health-consciousness, have significantly enhanced the preference for RTD beverages as they are considered to be a healthier alternative for carbonated drinks.

Consumers, especially the youth, are opting for product variants which are rich in antioxidants, have low calories and anti-inflammatory properties, and provide an instant energy boost. Moreover, the introduction of authentic tea and coffee flavors manufactured using natural ingredients with various health benefits are impacting the product demand positively.

Rising disposable incomes, aggressive promotional activities by manufacturers and the development of the online retailing market that provides a wide range of options to the consumers are expected to drive the market further.

Competitive Landscape

The report has also analyzed the competitive landscape of the market with some of the key 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, Nestl, 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.

Key Topics Covered

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction
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 Market Breakup by Product
5.4 Market Breakup by Additives
5.5 Market Breakup by Packaging
5.6 Market Breakup by Price Segment
5.7 Market Breakup by Distribution Channel
5.8 Market Breakup by Region
5.9 Market Forecast

6 Market Breakup by Product
6.1 RTD Tea
6.1.1 Market Trends
6.1.1 Major Types
6.1.1.1 Black Tea
6.1.1.2 Fruit & Herbal Based Tea
6.1.1.3 Oolong Tea
6.1.1.4 Green Tea
6.1.2 Market Forecast
6.2 RTD Coffee
6.2.1 Market Trends
6.2.2 Major 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 Breakup by Additives
7.1 Flavors
7.2 Artificial Sweeteners
7.3 Acidulants
7.4 Nutraceuticals
7.5 Preservatives
7.6 Others

8 Market Breakup by Packaging
8.1 Glass Bottle
8.2 Canned
8.3 PET Bottle
8.4 Aseptic
8.5 Others

9 Market Breakup by Price Segment
9.1 Premium
9.2 Regular
9.3 Popular Priced
9.4 Fountain
9.5 Super Premium

10 Market Breakup by Distribution Channel
10.1 Off-Trade
10.2 On-Trade

11 Market Breakup by Region
11.1 North America
11.2 Europe
11.3 Asia Pacific
11.4 Middle East and Africa
11.5 Latin America

12 SWOT Analysis
12.1 Overview
12.2 Strengths
12.3 Weaknesses
12.4 Opportunities
12.5 Threats

13 Value Chain Analysis

14 Porter's Five Forces Analysis
14.1 Overview
14.2 Bargaining Power of Buyers
14.3 Bargaining Power of Suppliers
14.4 Degree of Competition
14.5 Threat of New Entrants
14.6 Threat of Substitutes

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 Enterprises Corporation
16.3.9 Nestle
16.3.10 Dunkin' Brands
16.3.11 Ferolito Vultaggio & Sons
16.3.12 Keurig Dr Pepper
16.3.13 Hangzhou Wahaha Group
16.3.14 Lotte Chilsung
16.3.15 Monster Beverage
16.3.16 Acqua Minerale San Benedetto
16.3.17 Kirin Holdings Company
16.3.18 Unilever
16.3.19 Arizona Beverage Company
16.3.20 Suntory

For more information about this report visit https://www.researchandmarkets.com/r/vp0ibb

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