The latest estimates indicate that the USA RTD tea market is expected to experience modest growth, with an incremental increase of USD 5.1 billion. This growth is projected to occur at a compound annual growth rate (CAGR) of approximately 3.5% during the forecast period from 2024 to 2029. In the United States, the RTD tea market is experiencing substantial growth, fueled by a shift toward healthier beverage choices. As consumers become more health-conscious, the demand for functional beverages, particularly those with antioxidants, detoxifying properties, and digestive benefits, is increasing. Green tea and herbal infusions are particularly popular among U.S. consumers due to their perceived wellness benefits. Moreover, the growing trend of convenience, with busy, on-the-go consumers seeking easy-to-consume beverages, is further driving the expansion of the RTD tea market.
The report delivers an in-depth analysis of the USA RTD tea industry, offering extensive market data such as historical market size, growth trajectories, and forward-looking projections. It thoroughly examines key market categories and subcategories, emphasizing critical elements like product type, product type and distribution channel. By offering this detailed analysis, the report assists in uncovering the untapped potential of the RTD tea market.
Market Segmentation
The following outlines the segmentation of the USA RTD tea market:
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
The RTD tea market in the USA is segmented by product type, product type and distribution channel. The categorization of the market by product type includes RTD sparkling tea, and still RTD tea. Product type segments are divided into regular RTD tea, and no/low-sugar RTD tea. Distribution channel segments are categorized into convenience stores, forecourt stores, supermarkets and hypermarkets, discounters, warehouse clubs, grocery stores, vending, e-commerce, bars & HoReCa, and others.
Competitive Landscape
The RTD tea market remains highly competitive, with major players including Unilever PLC, Turkey Hill Dairy (Peak Rock Capital LLC), Tropicana Brands Group Inc., The Coca-Cola Company, Red Diamond Inc., Milo’s Tea Company Inc., Ito En Ltd., Hornell Brewing Co., GT’s Living Foods LLC and Dr Pepper Snapple Group.
This report delivers an in-depth examination of leading companies in the RTD tea sector, analyzing their performance from 2019 to 2023. The results indicate changes in market share, emphasizing both established leaders and new entrants.
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Table of Contents
TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
USA RTD Tea Market – Product Type Analysis
USA RTD Tea Market – Product Type Analysis
USA RTD Tea Market – Distribution Channel Analysis
Key Players and Market Share
– Unilever PLC
– Turkey Hill Dairy (Peak Rock Capital LLC)
– Tropicana Brands Group, Inc.
– The Coca-Cola Company
– Red Diamond, Inc.
– Milo’s Tea Company, Inc.
– Ito En, Ltd.
– Hornell Brewing Co.
– GT’s Living Foods LLC
…
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table USA RTD Tea Market 2019-2029
Chart USA RTD Tea Market, Net Growth, 2019-2029
Chart USA RTD Tea Market, Growth Rates, 2019-2029
Table USA RTD Tea Market by Product Type, 2019-2029
Chart USA RTD Tea Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart USA RTD Tea Market by Product Type, 2019-2029
Table USA RTD Tea Market by Product Type, 2019-2029
Chart USA RTD Tea Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart USA RTD Tea Market by Product Type, 2019-2029
Table USA RTD Tea Market by Distribution Channel, 2019-2029
Chart USA RTD Tea Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart USA RTD Tea Market by Distribution Channel, 2019-2029
Table USA RTD Tea Market Share (%), by Companies, 2019-2023
Chart USA RTD Tea Market, by Companies, 2023
Table USA RTD Tea Market Share (%), by Brands, 2019-2023
Chart USA RTD Tea Market, by Brands, 2023
Table USA – Population (Millions) and Forecast
Table USA – Consumer Price Index (CPI) and Forecast
Table USA – Gross Domestic Product and Forecast
Table USA RTD Tea Market: Spend as a Proportion of GDP (%)
Table USA 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
Red Diamond, Inc.
Milo’s Tea Company, Inc.
Ito En, Ltd.
Hornell Brewing Co.
GT’s Living Foods LLC
Dr Pepper Snapple Group