Bottled Tea Market By Based on Product Type (Still Bottled Tea, Sparkling Bottled Tea); By Based on Flavor Type (Black Tea, Green Tea, Red Tea, Oolong Tea, Jasmine Tea, Herbal Tea, Fruit Tea); Based on Sales Channel (HORECA, Modern Trade, Speciality Stores, Departmental Stores, Convenience Stores, Drug Stores, Online Retailers, Other Sales Channel); By Based on Nature (Conventional, Organic); By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Global Market Analysis, Trends, Opportunity and Forecast, 2022-2032
Bottled Tea Market Overview and Definition
The global bottled tea market size was valued at around USD 47.9 billion in 2022 and is projected to grow at a compound annual rate of growth (CAGR) of around 4.3% from 2022 to 2032.The market size is projected to succeed in USD 73.2 billion by 2032.
The bottled tea market refers to the segment of the beverage industry that produces and sells tea in bottled or canned form. Bottled tea can be either iced or hot tea that has been brewed, bottled, and packaged for retail sale.
Bottled tea products can vary in flavor, ingredients, and packaging size, and can include traditional teas, herbal teas, and tea blends. Some bottled tea products may also include sweeteners, natural flavors, or functional ingredients, such as antioxidants or vitamins.
The market for bottled tea has seen significant growth in recent years, as consumers seek convenient and on-the-go beverage options that are healthier than traditional carbonated soft drinks. The market is highly competitive, with many established players and new entrants vying for market share, and the product offerings are continually evolving to meet changing consumer preferences and demands.
The report includes market size, Y-O-Y growth analysis and structure of the overall industry based on a unique combination of industry research, fieldwork, market sizing analysis, and our in-house expertise.
The market research report demonstrates market dynamics which includes growth drivers, restraining factors and opportunities and trends spearheading current Sales Channel and future status of this market. Our general approach is to target several individuals with specific questions that we believed would satisfy our research objective. Further, to speed up the data collection process, we employed an online survey, delivered via email. The research team analyzed the results to identify potential opportunities and risks for the market.
In addition, the report offers recent industry activities and value chain analysis for the Bottled Tea Market. Moreover, Porter’s Five Forces analysis demonstrates the five forces which include buyers bargaining power, suppliers bargaining power, the threat of new entrants, the threat of substitutes, and degree of competition in Bottled Tea Market. Along with figures and tables, a market attractiveness and BPS analysis has been provided for every segment in the report.
Bottled Tea Market: Growth Drivers
Health and Wellness Trend: Consumers are increasingly looking for healthier beverage options, and bottled tea is perceived as a healthier alternative to carbonated soft drinks. Bottled tea is often marketed as a natural, low-calorie, and antioxidant-rich beverage, making it an attractive option for health-conscious consumers.
Convenience: Bottled tea is a convenient beverage option for consumers who are on-the-go and do not have the time or resources to prepare tea at home. Bottled tea can be easily consumed at work, during travel, or while exercising.
Innovation in Flavors and Ingredients: The bottled tea market has seen significant innovation in recent years, with manufacturers introducing new flavors and functional ingredients, such as vitamins, minerals, and herbal supplements. These innovations have attracted new consumers and helped to differentiate products in an increasingly crowded market.
Marketing and Branding: Many bottled tea brands have invested heavily in marketing and branding to create a distinct image and appeal to consumers. Celebrity endorsements, social media marketing, and targeted advertising have helped to build brand recognition and consumer loyalty.
Growing Popularity of Ready-to-Drink (RTD) Beverages: The popularity of RTD beverages, such as bottled tea, has been on the rise, as consumers increasingly look for quick and easy beverage options. The convenience and portability of RTD beverages make them an attractive option for busy consumers.
The report analyses the market by geographies i.e. North America, Europe, Asia Pacific, Latin America & Middle East & Africa. Further, the geographies are fragmented into the country and regional groupings:
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)
- Latin America (Brazil, Mexico, Argentina and Rest of Latin America)
- Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)
Bottled Tea Market Segmentation
The research offers a comprehensive analysis of global Bottled Tea market with respect to following sub-markets:
Based on Product Type
- Still Bottled Tea
- Sparkling Bottled Tea
Based on Flavor Type
- Black Tea
- Green Tea
- Red Tea
- Oolong Tea
- Jasmine Tea
- Herbal Tea
- Fruit Tea
Based on Sales Channel
- HORECA
- Modern Trade
- Speciality Stores
- Departmental Stores
- Convenience Stores
- Drug Stores
- Online Retailers
- Other Sales Channel
Based on Nature
- Conventional
- Organic
Bottled Tea Market Competitive Landscape
The report also highlights the competitive landscape of the global Bottled Tea market, market share and positioning of all the major players in the industry. The competitive landscape analysis provides detailed strategic analysis of the company’s business and performance such as company overview, financial information, revenue breakup by segment and by geography, SWOT Analysis, key facts, business strategy, key product offerings, marketing and distribution strategies, new product development, recent news (acquisition, expansion, Form development, research & development and other market activities).
The report includes profiles of leading companies in the global Bottled Tea market.
Bottled Tea Market Key Players
- Suntory Holdings Ltd
- Nestle S.A
- The Coca-Cola Company
- Tsing Hsin International Group
- PepsiCo Inc
- Monster Beverage Company.
- Uni-President Enterprises
- JDP Group
- Arizona Beverage Company
- OISHI GROUP
- Other Major & Niche Key Players
Timeline Considered for Analysis:
- 2021 – Base Year
- 2022 – Estimated Year
- 2022 to 2032 – Forecasted Year
Customization: We also offers customization’s in the industry report as per the company’s specific needs.
Key Questions Answered in the Global Bottled Tea Industry Report
- What is the overall market size in 2021? What will be the market growth during the forecast period i.e. 2022-2032?
- Which region would have high demand for product in the upcoming years?
- What are the factors driving the growth of the market?
- Which sub-market will make the most significant contribution to the market?
- What are the market opportunities for existing and entry-level players?
- What are various long-term and short-term strategies adopted by the market players?
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- Publication date: 12th January 2024
- Base year: 2022
- Forecast year: 2023-2033
- Format: PDF, PPT,Word,Excel
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