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The North America ready-to-drink tea market size was valued at USD 1.93 billion in 2023. The market is further projected to grow at a CAGR of 4.3% between 2024 and 2032, reaching a value of USD 2.83 billion by 2032.
Ready-to-drink tea is a convenient alternative to traditional brewed tea, as it removes the time and effort required to prepare it. According to the North America ready-to-drink tea market analysis, the various health benefits of consuming tea are driving its demand. Tea is rich in antioxidants and may help in preventing or fighting cancer. Herbal teas and caffeine-free options are also rising in popularity among consumers. For instance, peppermint tea helps consumers with an upset stomach, ginger tea can help relieve joint pain, and chamomile tea can help people struggling with sleep. Further, green teas are high in flavonoids, essential in boosting heart health, lowering bad cholesterol, and reducing blood clotting while black tea can combat inflammation and support a healthy immune system.
Further, customers are demanding highly flavoured and appealing refrigerated and shelf-stable ready-to-drink teas. As a result, market players are investing in reliable and robust components, equipment, process lines, and ingredients to meet consumers' needs, impacting the North America ready-to-drink tea market growth. Among Canadians, tea is the third most popular beverage after coffee and water. Around 48% of Canadians drink tea daily. The United States leads the world in marketing convenient ready-to-drink tea in bottles and cans. It is also the only country in the world that consumes most of its teas chilled.
North America Ready-to-Drink Tea Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments.
Market Breakup by Product Type
Market Breakup by Category
Market Breakup by Distribution Channel
Market Breakup by Country
The key players in the ready-to-drink tea market in North America are producing high-quality and flavourful ready-to-drink tea products to meet consumer’s demands.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Type |
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Breakup by Category |
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Breakup by Distribution Channel |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Global Ready-to-Drink Tea Market Overview
8.1 Key Industry Highlights
8.2 Global Ready-to-Drink Tea Historical Market (2018-2023)
8.3 Global Ready-to-Drink Tea Market Forecast (2024-2032)
8.4 Global Ready-to-Drink Tea Market Share by Region
8.4.1 North America
8.4.2 Europe
8.4.3 Asia Pacific
8.4.4 Latin America
8.4.5 Middle East and Africa
9 North America Ready-to-Drink Tea Market Overview
9.1 Key Industry Highlights
9.2 North America Ready-to-Drink Tea Historical Market (2018-2023)
9.3 North America Ready-to-Drink Tea Market Forecast (2024-2032)
10 North America Ready-to-Drink Tea Market by Type
10.1 Green Tea
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Black Tea
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Herbal Tea
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Others
11 North America Ready-to-Drink Tea Market by Category
11.1 Organic
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Conventional
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
12 North America Ready-to-Drink Tea Market by Distribution Channel
12.1 Supermarkets/Hypermarkets
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Convenience Stores
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Online
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 North America Ready-to-Drink Tea Market by Country
13.1 United States of America
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Canada
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Arizona Beverages USA
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 The Coca‑Cola Company
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Keurig Dr Pepper Inc
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Nestlé SA
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Milo’s Tea Company, Inc.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Red Diamond Inc.
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Pokka Corporation
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 LIPTON Teas and Infusions
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Turkey Hill Dairy
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Crystal Geyser Water Company
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Ready-to-Drink Tea Market: Key Industry Highlights, 2018 and 2032
2. North America Ready-to-Drink Tea Market: Key Industry Highlights, 2018 and 2032
3. North America Ready-to-Drink Tea Historical Market: Breakup by Type (USD Billion), 2018-2023
4. North America Ready-to-Drink Tea Market Forecast: Breakup by Type (USD Billion), 2024-2032
5. North America Ready-to-Drink Tea Historical Market: Breakup by Category (USD Billion), 2018-2023
6. North America Ready-to-Drink Tea Market Forecast: Breakup by Category (USD Billion), 2024-2032
7. North America Ready-to-Drink Tea Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2023
8. North America Ready-to-Drink Tea Market Forecast: Breakup by Distribution Channel (USD Billion), 2024-2032
9. North America Ready-to-Drink Tea Historical Market: Breakup by Country (USD Billion), 2018-2023
10. North America Ready-to-Drink Tea Market Forecast: Breakup by Country (USD Billion), 2024-2032
11. North America Ready-to-Drink Tea Market Structure
In 2023, the ready-to-drink tea market reached an approximate value of USD 1.93 billion.
The market is expected to grow at a CAGR of 4.3% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 2.83 billion by 2032.
Ready-to-drink (RTD) teas are packaged tea beverages in liquid form, that are ready for consumption.
Tea contains polyphenols and other ingredients that may lower the risk of developing chronic diseases such as arthritis, diabetes, cancer, and cardiovascular diseases.
The major drivers of the market include a rising demand for convenient ready-to-drink beverages, customer’s busy lifestyles, and the wide availability of ready-to-drink teas in supermarkets and convenience stores.
Key trends aiding market expansion include the availability of different types of ready-to-drink teas, the rising awareness of the health benefits of consuming teas, and the convenience offered by ready-to-drink beverages.
Major countries in the market are the United States of America and Canada.
The common types of ready-to-drink tea are green tea, black tea, herbal tea, and others.
Key players in the market are Arizona Beverages USA, The Coca-Cola Company, Keurig Dr Pepper Inc., Nestlé SA, Milo’s Tea Company, Inc., Red Diamond Inc., Pokka Corporation, LIPTON Teas and Infusions, Turkey Hill Dairy, Crystal Geyser Water Company, and others.
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