A recent report published by Infinium Global Research on carbonated ready-to-drink tea market provides an in-depth analysis of segments and sub-segments in global as well as regional carbonated ready-to-drink tea market. The study also highlights the impact of drivers, restraints and macro indicators on the global and regional carbonated ready-to-drink tea market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global carbonated ready-to-drink tea market. According to the report, the global carbonated ready-to-drink tea market is projected to grow at a CAGR of 8.7% over the forecast period of 2018-2024.
The carbonated ready-to-drink tea is the best alternative for soda drinks which offers good health benefits for consumers. The growth of carbonated ready-to-drink tea market is driven by its acceptance as a health drink which contains antioxidant and natural sweeteners in it. Furthermore, the rising obesity concerns among the population increases demand carbonated ready-to-drink tea as it contains low calories is projected to escalate the growth in this market over the next few years. On the other hand, the habit of consumption of hot tea and coffee among people is likely to restrain market growth.
Moreover, carbonated RTD tea is likely to emerge as a preferred health drink by consumers with chronic diseases such as diabetes among others; this, in turn, is likely to create more opportunities over the forecast period.
The report on global carbonated ready-to-drink tea market covers segments such as products type, packaging type, ingredients, and distribution channel. On the basis of products type, the global carbonated ready-to-drink tea market is categorized into energy drinks, recreational drinks, and others. On the basis of packaging type, the global carbonated ready-to-drink tea market is categorized into the plastic bottle and metal can. On the basis of ingredients, the global carbonated ready-to-drink tea market is categorized into starter cultures and yeast extract. On the basis of the distribution channel, the global carbonated ready-to-drink tea market is categorized into convenience stores, supermarkets, and online stores.
The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. In this section, the key trends and market size for each geography are provided over the period of 2016-2024. The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and among others. Moreover, Germany, U.K., France, Spain, and Rest of Europe are included in the European region. The U.S. drives the growth in the North America region as it is the largest market in the region. The Asia-Pacific region offers a substantial potential for the market growth owing to rapid growth in markets such as India and China. The APAC region is projected to experience growth at a CAGR of x.x% over the period of 2018-2024.
The report provides profiles of the companies in the global carbonated ready-to-drink tea market such as, Talking Rain, Sunny Delight Beverages Co., TeaZazz, PepsiCo, Suja Juice, Unilever, Coca-Cola, Lactalis, Starbucks, and Nestle.
The report provides deep insights on demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the global carbonated ready-to-drink tea market. Moreover, IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of carbonated ready-to-drink tea market. Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the carbonated ready-to-drink tea market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players. This report will help manufacturers, suppliers, and distributors of the carbonated ready-to-drink tea market to understand the present and future trends in this market and formulate their strategies accordingly.
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