# Ready to Drink Tea and Coffee Market Size, Share, key Players, Industry Overview, growth, Opportunity and Forecast to 2027
According to the latest report by IMARC Group, titled **“Ready to Drink Tea and Coffee Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”,** the [global ready to drink tea and coffee market size](https://www.imarcgroup.com/ready-to-drink-tea-coffee-market) reached US$ 94.3 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 140.7 Billion by 2027, exhibiting a growth rate (CAGR) of 7.4% during 2022-2027.

Ready to drink (RTD) tea and coffee are packaged beverages that are popular alternatives to carbonated drinks. These products are reinforced with vitamins and minerals, rich in antioxidants, and manufactured using various additives, extracts, preservatives, artificial and natural sweeteners, flavors, acidulants, and nutraceuticals. RTD tea is considered to be a refreshing health drink, while RTD coffee is regarded as an instant energy drink. They are widely distributed in cans, glass bottles, polyethylene terephthalate (PET) bottles, and aseptic cartons. As opposed to brew-it-yourself tea and coffee products or conventionally used beverage mixes and powders, RTD tea and coffee offer familiarity with taste and increased consumer convenience.

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**Global Ready to Drink Tea and Coffee Market Trends:**

The market is primarily driven by the escalating demand for instant energy drinks across the globe. This can be attributed to the hectic schedules and fast-paced lifestyle led by consumers. In addition to this, a considerable rise in lifestyle diseases, such as obesity and diabetes, is resulting in the increased consumer preference towards soft drinks with health benefits, which, in turn, is fueling the market. Also, growing concerns regarding the adverse effects of carbonated drinks are leading to a paradigm shift towards coffee and tea, thereby resulting in a higher product uptake. The market is further driven by continual product innovations, such as the introduction of diverse flavors and beneficial ingredients, including antioxidants and nutraceuticals. Some of the other factors contributing to the market growth include rapid urbanization, inflating disposable incomes of the consumers, easy product availability across online and offline organized retail channels and extensive research and development (R&D) activities.


**Ready to Drink Tea and Coffee Market 2022-2027 Competitive Analysis and Segmentation:**

**Competitive Landscape With Key Players:**

The competitive landscape of the ready to drink tea and coffee market has been studied in the report with the detailed profiles of the key players operating in the market.

**Some of these key players include:**

Asahi Breweries

Dr Pepper Snapple Group

Starbucks

Pepsico

The Coca Cola Company

Ajinomoto General Foods Inc.

Ting Hsin International Group

Uni-President Enterprises Corporation

Nestlé

Dunkin’ Brands

Ferolito Vultaggio & Sons

Keurig Dr Pepper

Hangzhou Wahaha Group

Lotte Chilsung

Monster Beverage

Acqua Minerale San Benedetto

Kirin Holdings Company

Unilever

Arizona Beverage Company

Suntory

**Key Market Segmentation:**

The report has segmented the global ready to drink tea and coffee market on the basis of product, additives, packaging, price segment, distribution channel and region.

**Breakup by Product:**

RTD Tea

Black Tea

Fruit & Herbal Based Tea

Oolong Tea

Green Tea

RTD Coffee

Ginseng

Vitamin B

Taurine

Guarana

Yerba Mate

Acai Berry

**Breakup by Additives:**

Flavors

Artificial Sweeteners

Acidulants

Nutraceuticals

Preservatives

Others

**Breakup by Packaging:**

Glass Bottle

Canned

PET Bottle

Aseptic

Others

**Breakup by Price Segment:**

Premium

Regular

Popular Priced

Fountain

Super Premium

**Breakup by Distribution Channel:**

Off-Trade

Independent Retailers

Supermarkets and Hypermarkets

Convenience Stores

Others

On-Trade

Food Service

Vending

**Breakup by Region:**

* North America

* Europe

* Asia Pacific

* Middle East and Africa

* Latin America

**Ask Analyst for Customization and Explore Full Report With TOC & List of Figures: https://www.imarcgroup.com/ready-to-drink-tea-coffee-market**

**Key Highlights of the Report:**

* Market Performance (2016-2021)
* Market Outlook (2022-2027)
* Market Trends
* Market Drivers and Success Factors
* Impact of COVID-19
* Value Chain Analysis
* Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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