The Hungary RTD tea market is anticipated to witness significant growth, with an expected uptick of USD 116.6 million, equating to a compound annual growth rate (CAGR) of about 6.6% in the coming years. In Hungary, the RTD tea market is growing as more consumers opt for healthier beverage choices. As awareness of the negative health impacts of sugary drinks rises, consumers are increasingly turning to RTD tea for its perceived health benefits, such as detoxification, digestion support, and antioxidant properties. Green tea and herbal blends are gaining traction, particularly among health-conscious individuals. Additionally, the growing trend of convenience-driven consumption, coupled with the rise of modern retail outlets and e-commerce platforms, is contributing to the increasing popularity of RTD tea in Hungary.
This report presents a detailed overview of the Hungary RTD tea industry, including key data on historical market size, growth rates, and future trends. It offers an in-depth analysis of different market segments, paying close attention to factors like product type and distribution channel. This detailed analysis supports the identification of growth opportunities within the RTD tea industry.
Market Segmentation
The Hungary RTD tea market is structured as follows:
Product type: regular RTD tea, no/low-sugar RTD tea
Distribution channel: convenience stores, forecourt stores, supermarkets and hypermarkets, discounters, food & drinks stores, grocery stores, vending, e-commerce, bars & HoReCa, others
The segmentation of the Hungary RTD tea market product type and distribution channel. Product type segments encompass regular RTD tea, and no/low-sugar RTD tea. Distribution channel segments consist of convenience stores, forecourt stores, supermarkets and hypermarkets, discounters, food & drinks stores, grocery stores, vending, e-commerce, bars & HoReCa, and others.
Competitive Landscape
Prominent players in the RTD tea market include Unilever PLC, The Coca-Cola Company, Rauch Fruchtsaefte GmbH & Co OG, Nestle S.A., Marka Uditogyarto Kft., Hornell Brewing Co., Hell Energy Magyarorszag Kft, Fortenova Grupa d.d. and Acqua Minerale San Benedetto S.p.A.
The report provides a detailed assessment of prominent companies within the RTD tea market, tracking their performance from 2019 to 2023. Insights reveal fluctuations in market share, highlighting both veteran leaders and emerging players.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Hungary RTD tea market.
Gain in-depth analysis and forecasts for the key segments of the Hungary RTD tea market: product type and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Hungary RTD tea market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Hungary RTD tea market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
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Table of Contents
TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Hungary RTD Tea Market – Product Type Analysis
Hungary RTD Tea Market – Distribution Channel Analysis
Key Players and Market Share
– Unilever PLC
– The Coca-Cola Company
– Rauch Fruchtsaefte GmbH & Co OG
– Nestle S.A.
– Marka Uditogyarto Kft.
– Hornell Brewing Co.
– Hell Energy Magyarorszag Kft
– Fortenova Grupa d.d.
– Acqua Minerale San Benedetto S.p.A.
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Hungary RTD Tea Market 2019-2029
Chart Hungary RTD Tea Market, Net Growth, 2019-2029
Chart Hungary RTD Tea Market, Growth Rates, 2019-2029
Table Hungary RTD Tea Market by Product Type, 2019-2029
Chart Hungary RTD Tea Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Hungary RTD Tea Market by Product Type, 2019-2029
Table Hungary RTD Tea Market by Distribution Channel, 2019-2029
Chart Hungary RTD Tea Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Hungary RTD Tea Market by Distribution Channel, 2019-2029
Table Hungary RTD Tea Market Share (%), by Companies, 2019-2023
Chart Hungary RTD Tea Market, by Companies, 2023
Table Hungary RTD Tea Market Share (%), by Brands, 2019-2023
Chart Hungary RTD Tea Market, by Brands, 2023
Table Hungary – Population (Millions) and Forecast
Table Hungary – Consumer Price Index (CPI) and Forecast
Table Hungary – Gross Domestic Product and Forecast
Table Hungary RTD Tea Market: Spend as a Proportion of GDP (%)
Table Hungary RTD Tea Market: Consumption per Capita (Population)
Companies Mentioned
Unilever PLC
The Coca-Cola Company
Rauch Fruchtsaefte GmbH & Co OG
Nestle S.A.
Marka Uditogyarto Kft.
Hornell Brewing Co.
Hell Energy Magyarorszag Kft
Fortenova Grupa d.d.
Acqua Minerale San Benedetto S.p.A.