Global Ready-to-Drink Tea and Coffee Market
The global Ready-to-Drink (RTD) Tea and Coffee market is projected to experience significant growth, expanding from US$ 107.18 billion in 2023 to US$ 197.40 billion by 2032, with a compound annual growth rate of 7.02% between 2024 and 2032. This growth is driven by several key factors, including the development of new and unique flavors, increasing customer income, and the installation of RTD tea and coffee vending machines in various locations.
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RTD Tea and Coffee: Definition and Market Overview
RTD tea and coffee beverages are pre-prepared drinks designed for immediate consumption. These products are typically packaged in bottles, cans, or cartons, making them portable and convenient for consumers seeking an on-the-go energy boost through caffeine content. RTD tea varieties include black, green, he