Global Bottled Tea Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. Bottled tea is iced tea that has been brewed, filtered, and packaged for sale in the market. These products are known as ready-to-drink (RTD) tea in the food and beverage industries. Bottled tea is sold in a variety of containers, including cans, glass bottles, plastic bottles, and others. Fructose corn syrup or sugars are present in large quantities in bottled tea, and sugar cannot be removed if less sweet tea is required. The increasing demand for ready-to-drink (RTD) beverages and changing food habits of consumers are key factors driving the market growth.
The increasing demand for ready-to-drink beverages is contributing towards the growth of the Global Bottled Tea Market. For instance – as per Statista – as of 2023, revenue in the global Ready-to-Drink (RTD) Tea segment is estimated at USD 106.20 billion, and the market is expected to grow annually by 6.69% between 2023 & 2027 to reach USD 137.60 Billion by end of 2027. Also, increasing number of product innovations from leading market players and rise in working-class individuals would create lucrative growth prospects for the market over the forecast period. However, high cost of bottled tea hinders the market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Bottled Tea Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the rising popularity of packaged beverages as well as presence of leading market players in the region. Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising expansion of quick-service restaurants as well increasing number of working individuals in the region.
Major market players included in this report are:
Arizona Beverage Company
Recent Developments in the Market:
- In September 2022, Maryland, USA based Honest Tea announced its foray into bottled tea business with the launch of Just Iced Tea?, a ready-to-drink organic iced tea brand. This new organic tea line would hit shelves nationwide beginning September 2022
Global Bottled Tea Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Flavor Type, Application, Bottle Type, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Flavor Type
By Bottle type
Still Bottled Tea
Sparkling Bottled Tea
Rest of the World