Incremental growth of USD 5.0 billion is anticipated in the North America RTD tea market, which will expand at a CAGR of approximately 2.9% over the forecast period spanning 2024 to 2029. In North America, the RTD tea market is being driven by increasing consumer interest in healthier beverage options and the ongoing shift away from sugary sodas. Health-conscious consumers are opting for RTD teas with functional benefits, such as detoxification and weight management, as well as low-sugar and organic options. The growing demand for ready-to-drink beverages that align with a busy lifestyle is also fueling the market. Additionally, innovations in flavors and ingredients, including the rise of kombucha and other fermented tea drinks, are attracting a broader range of consumers to the RTD tea segment.
This report presents a detailed overview of the North America 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, product type, distribution channel and country. This detailed analysis supports the identification of growth opportunities within the RTD tea industry.
Market Segmentation
The North America RTD tea market is structured as follows:
Product type: RTD sparkling tea, still RTD tea
Product type: regular RTD tea, no/low-sugar RTD tea
Distribution channel: convenience stores, forecourt stores, supermarkets and hypermarkets, discounters, warehouse clubs, grocery stores, vending, e-commerce, bars & HoReCa, others
Country: USA, Canada
The RTD tea market in North America is segmented based on product type, product type, distribution channel and country. By product type, the market is categorized into RTD sparkling tea, and still RTD tea. Product type segmentation includes regular RTD tea, and no/low-sugar RTD tea. Distribution channel segments consist of convenience stores, forecourt stores, supermarkets and hypermarkets, discounters, warehouse clubs, grocery stores, vending, e-commerce, bars & HoReCa, and others. Geographically, the market is divided into USA and Canada.
Competitive Landscape
Leading companies in the RTD tea market include Unilever PLC, Turkey Hill Dairy (Peak Rock Capital LLC), Tropicana Brands Group Inc., The Coca-Cola Company, Tata Consumer Products Ltd., Red Diamond Inc., Milo’s Tea Company Inc., Ito En Ltd., Hornell Brewing Co., GT’s Living Foods LLC and Dr Pepper Snapple Group.
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 North America RTD tea market.
Gain in-depth analysis and forecasts for the key segments of the North America RTD tea market: product type, product type, distribution channel and country.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the North America RTD tea market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the North America RTD tea market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
A single unlimited user license within the same organization, with no additional charges for extra users.
Table of Contents
TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
North America RTD Tea Market – Product Type Analysis
North America RTD Tea Market – Product Type Analysis
North America RTD Tea Market – Distribution Channel Analysis
North America RTD Tea Market – Country Analysis
Key Players and Market Share
– Unilever PLC
– Turkey Hill Dairy (Peak Rock Capital LLC)
– Tropicana Brands Group, Inc.
– The Coca-Cola Company
– Tata Consumer Products Ltd.
– Red Diamond, Inc.
– Milo’s Tea Company, Inc.
– Ito En, Ltd.
– Hornell Brewing Co.
…
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table North America RTD Tea Market 2019-2029
Chart North America RTD Tea Market, Net Growth, 2019-2029
Chart North America RTD Tea Market, Growth Rates, 2019-2029
Table North America RTD Tea Market by Product Type, 2019-2029
Chart North America RTD Tea Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart North America RTD Tea Market by Product Type, 2019-2029
Table North America RTD Tea Market by Product Type, 2019-2029
Chart North America RTD Tea Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart North America RTD Tea Market by Product Type, 2019-2029
Table North America RTD Tea Market by Distribution Channel, 2019-2029
Chart North America RTD Tea Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart North America RTD Tea Market by Distribution Channel, 2019-2029
Table North America RTD Tea Market by Country, 2019-2029
Chart North America RTD Tea Market by Country, CAGR Historic and Forecast, 2019-2029
Chart North America RTD Tea Market by Country, 2019-2029
Table North America RTD Tea Market Share (%), by Companies, 2019-2023
Chart North America RTD Tea Market, by Companies, 2023
Table North America RTD Tea Market Share (%), by Brands, 2019-2023
Chart North America RTD Tea Market, by Brands, 2023
Table North America – Population (Millions) and Forecast
Table North America – Consumer Price Index (CPI) and Forecast
Table North America – Gross Domestic Product and Forecast
Table North America RTD Tea Market: Spend as a Proportion of GDP (%)
Table North America RTD Tea Market: Consumption per Capita (Population)
Companies Mentioned
Unilever PLC
Turkey Hill Dairy (Peak Rock Capital LLC)
Tropicana Brands Group, Inc.
The Coca-Cola Company
Tata Consumer Products Ltd.
Red Diamond, Inc.
Milo’s Tea Company, Inc.
Ito En, Ltd.
Hornell Brewing Co.
GT’s Living Foods LLC
Dr Pepper Snapple Group