Global Market Size, Forecast, and Trend Highlights Over 2025-2037
Ready to Drink (RTD) Tea and Coffee Market size was over USD 114.75 billion in 2024 and is projected to reach USD 253.91 billion by 2037, growing at around 6.3% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of ready to drink tea and coffee is evaluated at USD 120.89 billion.
The growth of the market can be ascribed to the growing awareness regarding the health hazards of carbonated drinks and the changing dietary preferences of individuals worldwide. The soft drink consumption in the U.S. has declined by more than 20% owing to the rising consciousness of people to consume health beneficial products. Furthermore, increasing disposable income in developed economies is another factor estimated to fuel the market growth. Along with these, creative branding and marketing strategies of food and beverage companies are also evaluated to offer opportunities for the progress of the market.
