In the recent years, the chemical industry has seen significant changes. It went through a period of technological disruption, which brought with it new opportunities and challenges. Chemical processing innovation has exploded, assisting businesses in improving their bottom lines. The new Isobutyraldehyde market research report outlines the key factors that will impact production, supply, and...
Fact.MR has compiled a study on the bottled tea market and published a new report titled, “Bottled Tea Market Forecast, Trend Analysis & Competition Tracking – Global Market Insights 2018 to 2027.” This report on the bottled tea market covers all the vital aspects of the market that hold significant influence on the future progress of the bottled tea market. The bottled tea market analysis covers a thorough analysis of the bottled tea market for the historical period of 2013-2017 and forecast period of 2018-2027.
Bottled tea is a general name given for different types of tea that are commercially sold as a bottled drink. Black tea, green tea, red tea, oolong tea, jasmine tea, herbal tea and fruit tea that are made available in bottles are considered rich in antioxidants and polyphenols that help in the prevention of a number of diseases including cancer.
For More Details – A sample of this report is available upon request here –
Global consumption of bottled tea is expected to surpass 41 Mn Liters, growing at a Y-o-Y of 3.4% in 2018 over 2017. Overall growth of the bottled tea market can be attributed to,
Increasing appetite for specialty teas and their easier availability
Health conscious consumers preference for healthful tea beverages
Millennials’ developing palate for different RTD bottled tea flavors
Accessibility of bottled tea across various sales channels
“The bottled tea marketplace is heavily impacted by evolving consumer sentiments wherein vendor revenues dwindled half a decade ago on the back of a contagious low- or no-sugar beverage trend. As manufacturers ramped up the production of no-sugar tea varieties, the bottled tea market has surpassed US$ 47 Bn in 2017 and the status quo is highly likely to continue in 2018,” says a senior analyst at Fact.MR.
The competitive landscape section of the bottled tea market report provides a dashboard view of the market players operating in the global marketplace of bottled tea. In addition, company profiles of key market players with a detailed information on product offerings, company share, regional presence and notable developments are included in the competitive landscape section.
Few of the profiled players in the bottled tea market include Suntory Holdings Ltd, Nestlé S.A, The Coca-Cola Company, Tsing Hsin International Group, PepsiCo Inc, Monster Beverage Company, Uni-President Enterprises, JDP Group, Arizona Beverage Company and OISHI GROUP.
Key manufacturers in the bottled tea market are leveraging strategies such as the expansion of production capacity as well as market presence as well as new product launch.
Suntory Products Ltd. has announced at the beginning of 2018 that it will strengthen the PET bottle production facility of Haruna plant. The PET bottle products will be produced using aseptic packaging to stay ahead of the consumer trends such as health-consciousness and changing work style.
Tiesta Tea, a Chicago-based loose-leaf tea company has launched a new line of functional cold brew bottled tea in targeted grocery stores in the U.S.
Additional Questions Answered
In addition to the aforementioned insights of the bottled tea market, the bottled tea market report also covers other facets of the market that hold significant influence on the progress of the bottled tea market. A thorough discussion as such can answer some of the important questions of business professionals interested in the bottled tea market.
What will be the impact of megatrends on the tea market and preference for bottled tea in the future?
Which region will lead the production and consumption of bottled tea during the forecast period?
Amid extensive popularity of coffee and development of bottled coffee, how will bottled tea market progress?
Among different types of bottled tea – still and sparkling, which type will be highly preferred in the future?
Have Any Query?? Ask Our Industry Expert: https://www.factmr.com/connectus/sample?flag=AE&rep_id=2371