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Ready to Drink Tea Market Is Expected to Exhibit Significant Growth Over 2030

02-13-2024 12:00 PM CET | Food & Beverage

Press release from: Orion Market Research

Ready to Drink Tea Market Is Expected to Exhibit Significant

Ready to Drink Tea Market is anticipated to grow at a substantial CAGR of 4.9% during the forecast period. Manufacturers of ready to drink tea are launching products with claims such as functional claims for immune function, low/no-sugar formulations, and products which supports common health concerns which are attracting huge population base. These products contain various nutraceutical ingredients and deliver powerful benefits and thus are gaining popularity among health-conscious youth.

For instance, in October 2021, Kirin Beverage Co. announced to launch two immunity beverages in Japan by 2022. The products offering will includes Kirin Gogo-no-Kocha Milk Tea Plus and Kirin Namacha Life Plus Immune Assist which contains Kirin's proprietary Lactococcus lactis strain Plasma, further supporting healthy immune system.

Furthermore, in March 2021, Suntory PepsiCo Beverage Company announced launched Suntory TEA+. Suntory TEA+ is a ready-to-drink (RTD) oolong tea in Thailand. TEA+ is available in two variants, namely Tasty (low sugar) and No Sugar. These flavorful low-sugar or no-sugar teas mainly targets youth in the 25-35 age group. Along with ready to drink tea with functional claims, Market players are also engaged in growing their product portfolio by launching of herbal and organic tea varieties with herbs, spices, flowers, and other botanicals. For instance, in February 2021, Numi Organic Tea announced the launch of its new Stay Healthy line. The product line features efficacious plants like echinacea, elderberry, dandelion root, kanna leaf and burdock root, the line contains potent herbal blends developed to support immunity, combat common cold symptoms, and help users relax during a time when consumers are increasingly seeking out physical and emotional wellbeing.

To Request a Sample of our Report on Ready to Drink Tea Market: https://www.omrglobal.com/request-sample/ready-to-drink-tea-market

Market Coverage

The market number available for - 2023-2030
Base year- 2023
Forecast period- 2024-2030
Segment Covered-

By Type
By Nature
By Flavor
By Packaging
Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- including Archer Daniels Midland Co., Snapple Beverage Corp., Suntory Holdings Ltd., Tata Consumer Products Ltd., The Coca-Cola Co., and others.

Ready to Drink Tea Market Report Segment

By Type

Green Tea
Black Tea
Others (Herbal Tea)
By Nature

Organic
Conventional
By Flavour

Fruit Flavour
Lemon Flavour
Spice Flavour
Herbal Flavour
Other Flavours (Chocolate)
By Packaging

Bottles
Cans
Carton Packaging
A full Report of Ready to Drink Tea Market is Available @ https://www.omrglobal.com/industry-reports/ready-to-drink-tea-market

Ready to Drink Tea market Report Segment by Region

North America

United States
Canada
Europe

UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific

India
China
Japan
South Korea
Rest of APAC
Rest of the World

Latin America
Middle East & Africa
Company Profiles

AriZona Beverages USA, LLC
Beam Suntory, Inc.
Coca-Cola HBC.
Danone S.A.
Davidson's Organics
Ekaterra
Elev8 Hemp, LLC.
ITO EN (North America) Inc.
Jade Monk
Kirin Holdings Company, Ltd.
Mighty Drinks Ltd.
Numi Organic Tea
PepsiCo, Inc.
Red Diamond, Inc.
SAINTJAMESICEDTEA
Starbucks Corp.
Steaz
Talking Rain Beverage Co.
The Republic of Tea
Nestlé
Zevia
Reasons to buy from us -

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no: +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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