Press release
Ice Tea Market in China is Anticipated for Remarkable Growth of 8% During Forecast Period 2021-2031
Ice Tea Market
The unprecedented COVID-19 pandemic has affected the global economy to a great extent. Considering the food industry, one of the most important sectors of the economy, a tremendous impact has been witnessed on the entire process from the field to the consumer. The restrictions in the movement of workers, closure of food production facilities, and changes in consumer demand have put excessive pressure on the food industry.
The report offers actionable and valuable market insights of Ice Tea. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Ice Tea Market across various industries and regions.
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Moreover, ice tea is sold in across a wide range of sales channels, amongst which, online sales are expected to flourish like no other over the coming years. Bottled ice tea is in huge demand across regions, especially East Asia, which holds more than half of the global market share.
Fact.MR, in its latest research report, offers insights on key factors expected to fuel demand over the period of 2020 to 2030. The report details trends in 20+ high-growth countries, and also talks exhaustively about the impact the COVID-19 pandemic is having on the food & beverage industry in general, and the ice tea market in particular.
The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Ice Tea market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Ice Tea
This newly published and insightful report sheds light on Market Insights of Ice Tea, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Ice Tea Market.
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Key Segments Covered of Ice tea Market
Product Type
Bottled Tea
Powdered Tea
Tea Bags
Tea Type
Fruit-infused Tea
Lemon Tea
Ginger Tea
Cherry Tea
Peach Tea
Apple Tea
Mango Tea
Others
Liquor-infused Tea
Specialty Tea
Matcha Tea
Kombucha Tea
Nature
Organic
Conventional
Price Range
Economy
Mid-range
Premium
Sales Channel
HORECA
Modern Trade
Specialty Stores
Departmental Stores
Convenience Stores
Online Retailers
Other Sales Channels
Region
North America
Latin America
Europe
East Asia
South Asia & Oceania
Middle East & Africa
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Key Takeaways from Ice Tea Market Study
The global ice tea market is anticipated to add 2X value by 2030.
Bottled ice tea is predicted to grow at a sturdy rate of more than 6% CAGR over the forecast period.
East Asia is the transcendent market with a value of US$ 33.3 Bn in 2019, and is set to balloon at a vigorous CAGR of 7.2% during the forecast period.
Organic Ice tea is set observe a brisk growth rate of 8.% CAGR, while conventional ice tea is projected to add 2X its value over the forecast period.
Regions such as Latin America and the Middle East & Africa are projected to witness a surge at CAGRs of 8.6% and 8.8%, respectively.
By sales channel, online retailers is leading among all, globally, in term of growth rate, expected to progress at a high CAGR of more than 9% over the forecast period, whilst departmental stores are expected to follow next at a handsome CAGR of 7.5%.
An important market, China, is projected to expand at a CAGR of 7.6%, while India is set to race ahead at 9.3%.
The U.S. ice tea market is expected to expand at a CAGR of more than 7% through 2030.
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Key Question answered in the survey of Ice Tea market report:
Sales and Demand of Ice Tea
Growth of Ice Tea Market
Market Analysis of Ice Tea
Market Insights of Ice Tea
Key Drivers Impacting the Ice Tea market
Which are the Key drivers impacted by Ice Tea market
Restraints Shaping Market Growth
Market Survey of Ice Tea
More Valuable Insights on Ice Tea Market
Fact.MR, in its new report, offers an unbiased Market Analysis of Ice Tea, Sales and Demand of Ice Tea, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
Explore Fact.MR’s Comprehensive Coverage on Food & Beverages:
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Coffee Fruit Extract Market - https://www.factmr.com/report/3669/coffee-fruit-extract-market
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