Global Carbonated Ready-to-Drink Tea Market (2021-2026) by Type, Ingredients, Packaging, Distribution Channel, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis

The Global Carbonated Ready-to-Drink Tea Market is estimated to be USD 4.67 Bn in 2021 and is expected to reach USD 6.83 Bn by 2026, growing at a CAGR of 7.9%.

Market Dynamics

The carbonated ready-to-drink tea is often seen as the best alternative for soda drinks, along with its health benefit, availability of different flavors, and refreshing quality, which is considered to drive the global carbonated ready-to-drink tea market. In addition, the rising concerns regarding obesity among people, which shift of consumers focus to more organic products which contain contains low calories projected to escalate the growth in this market over the next few years. On the other hand, the habit and liking of drinking hot tea and coffee among people are likely to restrain the market growth.

However, the strict government policies, large investment required for the storage and infrastructure, and the fluctuating price of raw materials are likely to affect the market growth in the forecasted period.

Market Segmentation

The Global Carbonated Ready-to-Drink Tea Market is segmented further based on Type, Ingredients, Packaging, Distribution Channel, and Geography.

By Type, the market is classified into black tea, fruit & herbal tea. Green tea, oolong tea, others. Amongst these, the black tea segment is estimated to hold the highest market share during the forecast period.

By Ingredients, the market is classified as starter cultures, and yeast extract. Amongst the two, the starter cultures segment is estimated to hold the highest market share during the forecast period.

By Packaging, the market is classified as fountain/aseptic, glass bottle, metal can, plastic bottle, and others. Amongst all, the metal can segment is estimated to hold the highest market share during the forecast period.

By Distribution Channel, the market is classified as convenience stores, supermarkets, and online stores. Amongst all, the supermarkets segment is estimated to hold the highest market share during the forecast period.

By Geography, North America is projected to lead the market.

Recent Developments

1. Nestlé Malaysia’s new ready-to-drink (RTD) LIVELY™ Tea launched through e-commerce. - 19th May 2021

Company Profiles

Some of the companies covered in this report are Sunny Delight Beverages Co, Talking Rain, TeaZazz, and Unilever, etc.

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Why buy this report?

• The report offers a comprehensive evaluation of the Global Carbonated Ready-to-Drink Tea Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
• The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
• The report includes an in-depth market analysis using Porter’s 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
• The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
• The report also contains the competitive analysis using Positioning Quadrants, the analyst’s Proprietary competitive positioning tool.

Report Highlights:

• A complete analysis of the market, including parent industry
• Important market dynamics and trends
• Market segmentation
• Historical, current, and projected size of the market based on value and volume
• Market shares and strategies of key players
• Recommendations to companies for strengthening their foothold in the market