RTD Tea and Coffee Market Increasing the Growth Worldwide | JDB Group, Nestlé, PepsiCo
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HTF recognizes the following companies as the key players in the global RTD tea and coffee market: JDB Group, Nestlé, PepsiCo, THE COCA-COLA COMPANY, Tingyi (Cayman Islands) Holding, and Uni-President.
Other Prominent Vendors in the market are: AJINOMOTO, Argo Tea, AriZona Beverages, Bhakti, Dr Pepper Snapple Group, F&N Foods, Fernwood Coffee, Health-Ade, ITO EN, KeVita, Marley Beverage, Millennium Products, Nongfu Spring, Pfanner, SOTEA, SOUND, Sunny Delight Beverages, Talking Rain, TeaZazz, The J.M. Smucker Company, The Verto Company, and Yeo Hiap Seng.
Commenting on the report, an analyst from HTF’s team said: “One trend in the market is innovations in packaging. Packaging innovations constitute a significant trend in the market. Good quality packaging increases the shelf life of the packaged product. Players are currently coming up with different packaging for their RTD tea and coffee products to attract consumers and to garner greater visibility for their products.”
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According to the report, one driver in the market is expanding organized retailing sector making products easily accessible. Organized retailers have grown globally with the establishment of supermarkets, hypermarkets, convenience stores, and food specialist stores. Supermarkets constitute a major distribution channel that supplies a large variety of food and beverages. Given the rise in population, the need for these supermarkets is also growing. On an average, a consumer spends $30 on a trip to a supermarket. The US is expected to record over 38,000 supermarkets during the forecast period. Other countries that have a high penetration of marts are Brazil, Chile, and Mexico in Latin America.
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Further, the report states that one challenge in the market is stringent government regulations. Players often face issues due to the need to comply with stringent rules and regulations imposed by the authorities in the countries they operate in. These rules and regulations pertain to the grant of permits, the entry of new players, the launch of new products, and the expiry of existing products. In some countries, the total number of regulations is minimal, and the regulatory authorities are at times lenient, whereas in other countries, the regulations are stringent. Currently, many government regulations are impacting the global RTD tea and coffee market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Table of Contents
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
• Global non-alcoholic beverage market
• Market characteristics
• Market segmentation analysis
PART 05: MARKET SIZING
• Market definition
• Market sizing 2016
• Global RTD tea and coffee market
PART 06: FIVE FORCES ANALYSIS
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition
PART 07: MARKET SEGMENTATION BY PRODUCT TYPE
• Segmentation by product type
• Comparison by product type
• Global RTD tea market
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