![U.S. RTD Organic Tea Market](https://res.cloudinary.com/devmoveo/image/upload/v1679909873/skyquest/gallery/US-RTD-Organic-Tea.jpg)
Report ID: SQMIC30G2055
Report ID:
SQMIC30G2055 |
Region:
Country |
Published Date: April, 2024
Pages:
198
|
Tables:
92 |
Figures:
76
The rising demand for healthy organic beverages in states such as North Carolina, Florida, Georgia, Mississippi, Tennessee, and Virginia is propelling market growth in this region. The market was overwhelmingly dominated by North America, which also offered the most. The market for tea that has been prepared for consumption in North America is mature, homogenous, and well-infiltrated. It is driven by key players including Coca-Cola Company, Nestle, and Unilever. Additionally, the shift in consumer preferences toward better options for energising beverages and toward tea and espresso is projected to offer up new opportunities for the growth of the prepared-to-drink tea market. Furthermore, rising consumer acceptance of RTD tea as a popular beverage, particularly among millennials, is expected to boost product demand. Furthermore, an increasing number of RTD organic tea product launches are contributing to market growth. Over the forecast period, the Southwest region is expected to have the fastest CAGR. Key market players are introducing new beverages with functional ingredients in a variety of flavours.
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Report ID: SQMIC30G2055