Global Ready-to-Drinks Market Forecasted for (2017 - 2022)

Published - Jan 2017 | Category - Food & Beverages | No. of Pages - 174 | Published By - Mordor Intelligence

Report Highlights

Ready to drink (RTD) tea is an alternative for carbonated drink and is gaining popularity globally due to busy lifetsyle and rising preference for convenience beverages.   They are sold in a packaged form which is ready to consume. It has a market of $22 billion globally and is growing at a faster rate due to its convenient usage.

The increasing demand from all age groups and rising income in developing countries are major drivers for growth of the segment. The growing health awareness is another major factor driving the market. The only constraint that needs to be addressed is the rising cost of raw material. The product offers specific condition offerings along with targetting the new consumers. Continuous innovations and targetting new consumer will help the manufacturers to gain profits out of this segment. The emerging smart advertising, strong positioning, marketing and rising fucntionalities such as black, oolong, green teas is   another reason why this market is growing faster.

Asia-Pacific holds majority shares in the market which is followed by Europe. North America market is projected to increase due to its rising health awareness and busy lifestyle. And the growth is also observed due to the shift of consumers from the soft drinks and bottled water understanding the bad effects of the carbonated drinks.

Some of the key players dominating the global Ready to drink tea market are Asahi Group Holdings ltd, Pepper Snapple Group, Monster Beverage Co. and many more. The companies are using new marketing strategies and promoting the product in the market with the help of retailers by filling the shelfs of the stores.

In this report we offer,

Market Definition for the specified topic along with identification of key drivers and restraints for the market.

Market analysis for the Global Ready to drink tea Market, with region specific assessments and competition analysis on a global and regional scale.

Identification of factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies, which can influence the market on a global and regional scale.

Extensively researched competitive landscape section with profiles of major companies along with their share of markets.

Identification and analysis of the Macro and Micro factors that affect the Ready to drink tea market on both global and regional scale.

A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.

Why should you buy this report?

For getting a comprehensive overview of the Global Ready to drink tea market

To gain wide-ranging information about the major players in this industry and the strategies adopted by them.

To gain an insight about the major countries/regions in which this industry is blooming and also identify the regions, which are untapped.

 

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