Global RTD Tea Drinks Market Forecast-2020

NAVI MUMBAI, India - Jan. 13, 2020 - PRLog -- In this report, Global RTD Tea Drinks Market (https://www.bharatbook.com/marketreports/global-rtd-tea-drinks-market-analysis-2020-with-top-companies-production-consumption-price-and-growth-rate/1943692) will reach 45523.91 Million USD by the end of 2022 with a CAGR of 5.18%

The Global Rtd Tea Drinks Market was valued at 35358.59 Million USD in 2017 and will reach 45523.91 Million USD by the end of 2022, growing at a CAGR of 5.18% during 2017-2022.

RTD Tea Drinks refer to Tea-based or tea-flavoured beverage in a ready-to-drink format. It can come in different flavour variants, such as black, green, red, oolong, jasmine, and fruit among others

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Ready-to-drink tea drinks are mainly classified into the following categories: Black tea, Green, White tea and Herbal tea. Among these, Black tea and Green Tea are the most common varieties. Based on package types, the market can be segmented into Glass Bottle, PET Bottle, Canned and Paper Containers. PET Bottle package is the favorable type, which is seeing to occupy more market share in the future. Glass Bottle is the least used type.

Ready-to-drink tea drinks can be widely found in supermarkets/hypermarkets, convenience stores and restaurants, hotels and etc. Ready-to-drink is largely consumed through Off-trade channels (supermarkets and discounters, retailers and so on).

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