(Entertainment-NewsWire.com, September 04, 2018 ) September 2018, New York USA (News)- In this report, LP Information covers the present scenario (with the base year being 2017) and the growth prospects of global RTD Tea Drinks market for 2018-2023.
RTD Tea Drinks refer to Tea-based or tea-flavoured beverage in a ready-to-drink format. It can come in different flavour variants, such as black, green, red, oolong, jasmine, and fruit among others. Ready-to-drink teas are steadily increasing in popularity among consumers and sales are expected to continue to grow. Ready-to-drink (RTD) tea is seeing mounting demand owing to the busy and fast-paced lifestyle of consumers, and also as an alternative to carbonated drinks. RTD tea, in particular, is considered as a vital health drink. The mega trend towards convenience also influences the tea category: consumers appreciate ready-to-drink tea as a thirst-quencher with a wellness factor that can be relished immediately and anywhere without needing to be brewed hot.
Leaders in Ready-to-drink teas market are Ting Hsin International, Coca-Cola, ITO EN Inc., JDB Group, Uni-President Enterprises, Unilever, Arizona Beverage Company, OISHI GROUP and a few others. Over the next five years, LPI(LP Information) projects that RTD Tea Drinks will register a 4.3% CAGR in terms of revenue, reach US$ 45500 million by 2023, from US$ 35400 million in 2017. This report presents a comprehensive overview, market shares, and growth opportunities of RTD Tea Drinks market by product type, application, key manufacturers and key regions.
The key manufacturers covered in this report: Ting Hsin International Coca-Cola ITO EN Inc. JDB Group Uni-President Enterprises Unilever Arizona Beverage Company OISHI GROUP
Segmentation by product type: Glass Bottle PET Bottle Canned Others Segmentation by application: On Trade Off Trade
Research objectives To study and analyze the global RTD Tea Drinks (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023. To understand the structure of Floriculture market by identifying its various sub segments. Focuses on the key global Floriculture manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years. To analyze the Floriculture with respect to individual growth trends, future prospects, and their contribution to the total market. To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks). To project the consumption of Floriculture submarkets, with respect to key regions (along with their respective key countries). To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
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