Global Ready to Drink Tea and Coffee Market will be US$ 122.88 Billion by 2025

According to the latest report by Renub Research, titled "Ready to Drink Tea & Coffee Market, Volume, Global Forecast by Product Category, Packaging, Distribution Channels, Regions, Company" captures a detailed analysis of the Ready to Drink Tea & Coffee Market.

Ready to Drink (RTD) Tea & Coffee's popularity has been especially favoured by the desire to find carbonated drink alternatives. Health-conscious customers prefer RTD Tea & Coffee. Increasing per capita income and the increasing number of middle-class population in emerging economies are the major drivers of rising RTD consumption worldwide. The fastest-growing beverage category worldwide is Canned Ready for Drinks.

New developments in the industry are switching customers from several different drinks to tea. These developments include an increase in new value-added items such as coffee flavoured ready-to-drink (RTD) and flavoured teas and an increase in green tea consumption outside Asia. According to Renub Research report, by 2025, the Global Ready to Drink Tea and Coffee Market will be US$ 122.88 Billion. Ready-to-drink items, instant and brewed ingredients and any number of dedicated shops that serve drinks exclusively or as part of their beverage service are included in the global coffee and tea market.

The following statistics give dramatic insights into the advantages of doing business in the coffee and tea industry:

• The popularity of coffee shops-About 60 per cent of U.S. coffee drinkers frequents a chain coffee shop at least once in a month, according to myfriendcoffee.com.
• According to Statistics, drive-through remains incredibly popular, suggesting that 50 per cent of Americans get their coffee from drive-through activities.
• The United States still ranks 25th in per capita coffee consumption, considering the country's demand for coffee. That means that 24 nations have higher rates of consumption that are worth targeting.

Millennial Tea Drinking Stats: In unexpected places, tea continues to gain market share. For example, according to the food truck empire, About half of the U.K. In the 24- to 35-year-old age community, tea brands are being bought by millennials.

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Generation Z has helped boost the market for sparkling bottled iced tea drinks, including Lipton Sparkling Tea, Sound Sparkling Tea, Kombucha Wonder Drink Sparkling Fermented Tea and several other brands. Even younger tea drinkers are on the Bandwagon.

Tea Market Types There are many tea types, such as black, oolong, green, herbal and fruit teas. Still, because of its antispasmodic, antiviral and antiallergenic properties, black tea is the most common. Its health benefits, including improved cardiovascular health and weight loss, are due to increased demand for green tea.

Daily Coffee Consumption: The average daily coffee consumption is 3.1 cups, according to brandongaille.com.

Speciality Coffee Beverage Demand: At high rates, more than half of all coffee consumption in the United States includes speciality drinks such as espresso, cappuccino, iced/cold coffee and lattes.

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