From 2023 to 2033, the worldwide bottled tea market is expected to grow at a CAGR of 4.5%. The market is worth $50 billion in 2023 and is predicted to grow to $78 billion by the end of 2033.
Black tea is also well-known for its antioxidant content, which aids the body’s removal of free radicals. It has no salt, fat, sugar, carbonation, or artificial sweetness. It has nearly no calories. It aids in the maintenance of healthy fluid balance and enhances overall health.
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Bottled tea is a catch-all term for many forms of tea that are commercially offered as bottled beverages. In the food and beverage sector, bottled tea is known as ready-to-drink (RTD) tea. Businesses have produced a range of bottled tea with various tastes and flavors to broaden their product offerings and attract more clients. Cans, glass bottles, plastic bottles, and various packaging choices are available for bottled tea.
Competitive Landscape:
Leading businesses are seeking to increase their market presence by using unique ingredients and taste combinations while ensuring quality control. To reduce the environmental effect, major bottled tea makers are pursuing methods such as new advancements, improving product standards, and releasing new products in accordance with safety rules. They are concentrating on authenticity and packaging, as well as price trends and supply chain management.
As an example,
Tiesta Tea, a Chicago-based loose-leaf tea business, has introduced a new line of functional cold-brew bottled tea in select U.S. grocery shops.
Buddha Teas, a California-based company, expanded into Mexico with their bottled tea and drinks, cannabidiol mixes, and RTD matcha beverages.
Stok, a DanonWave brand, has introduced a new line of cold brew drinks, including Stok Yerba Mate Cold Brew Teas.
Key Players:
- Argo Tea
- OISHI GROUP
- Suntory Products Ltd.
- Tiesta Tea
- Arizona Beverage Company
- Monster Beverage Corporation
- PepsiCo, Inc.
- Arcadia Beverage
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Regional Analysis:
The market in the United States is expected to rise considerably over the projected period due to increased individual consumption of black tea and rising consumer buying power. According to the Tea Association of USA, bottled tea consumption in the United States accounts for over 70% of total tea consumption in North America.In Germany, the industry is being pushed by rising consumer demand for non-sugary flavored tea products. Growing consumer well-being awareness, a preference for green tea, and an increase in the country’s supply of sparkling bottled tea are driving market expansion.The rising popularity of organic bottled tea among Japanese consumers is boosting market income.
Key Segments of Industry:
- By Product Type :
- Still Bottled Tea
- Sparkling Bottled Tea
- By Nature :
- Organic
- Conventional
- By Flavor :
- Black Tea
- Green Tea
- Red Tea
- Oolong Tea
- Jasmine Tea
- Herbal Tea
- Fruit Tea
- By Sales Channel :
- HORECA
- Modern Trade
- Specialty Stores
- Departmental Stores
- Convenience Stores
- Online Retailers
- Drug Stores
- Others
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