Ready to Drink (RTD) Tea and Coffee Sector: Growth Drivers and Challenges
Growth Drivers
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Rising Health Consciousness among Consumers
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Changing Dietary Preferences
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Growth of Beverage and Food Industry
Challenges
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Higher Production Cost of RTD beverages than Tea Leaves and Ground Coffee
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Fluctuating Cost of Raw Materials
Ready to Drink (RTD) Tea and Coffee Market: Key Insights
|
Base Year |
2024 |
|
Forecast Year |
2025-2037 |
|
CAGR |
6.3% |
|
Base Year Market Size (2024) |
USD 114.75 billion |
|
Forecast Year Market Size (2037) |
USD 253.91 billion |
|
Regional Scope |
|
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of ready to drink tea and coffee is evaluated at USD 120.89 billion.
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.
Asia Pacific industry is estimated to hold largest revenue share by 2037, driven by growing demand for RTD products as a result of rising health awareness of the people, and booming landscape of retail food chains in the region.
The major players in the market are Nestle S.A., The Coca Cola Company, PepsiCo Inc., Suntory Beverage & Food Limited, Danone S.A. and others.
