The report on the Ready-To-Drink (RTD) Coffee Market published by Stratview Research covers in depth details associated with the Ready-To-Drink (RTD) Coffee Market.
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The Ready-To-Drink (RTD) Coffee Market is likely to witness a CAGR of 8.8% during the forecast period. The prime factors that are driving the Ready-To-Drink (RTD) Coffee Market is its superior thermal conductivity property leading to its wide usage in a wide array of industries.
Key Players
The following are the key players in the Ready-To-Drink (RTD) Coffee Market:
• Arla Foods
• Asahi Group Holdings Ltd
• High Brew Coffee Inc.
• JAB Holdings
• La Colombe Torrefaction Inc.
• Lotte Corporation
• Nestle SA
• Starbucks Corporation
• The Coca-Cola Company
Growth drivers and Market Value:
This report, from Stratview Research, studies Ready-to-drink (RTD) coffee market value and growth drivers over the trend period of 2022-27. According to the report –
Ready-to-drink (RTD) coffee market to witness a healthy CAGR of 7.2% during the forecast period. The growing demand for ready-to-drink (RTD) coffee is mainly due to the increasing obese population on account of busy lifestyle. Ready-to-drink is used as an instant source of energy.
Segment Analysis:
Based on by Packaging Type:
Based on the packaging type, the market is segmented as bottles, cans and other packaging. The bottles segment held the largest share of the market in 2021, and is expected to remain dominant during the forecast period. The growth of the segment is on account of it offering attractive/premium looks to the product and increasing the shelf life of coffee and also providing more benefits than just holding the product.
Based on Regional:
In terms of regions, Asia-Pacific is estimated to be the largest and North America to be the fastest-growing ready-to-drink (RTD) coffee market during the forecast period, with China, Japan, India, and Australia being the major countries offering promising growth opportunities. The growth of the region’s market is triggered by the increasing calorie-conscious consumers, which is increasing the rate of usage for antioxidant-enriched drinks and highly populated countries in the south east Asia consuming a large chunk of these products. North America and Europe are also expected to offer substantial growth opportunities over the forecast period.
Critical Questions Answered in the Report
• What are the key trends in the Ready-To-Drink (RTD) Coffee Market?
• How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?
• What is the impact of COVID-19 on Ready-To-Drink (RTD) Coffee Market?
• What are the key strategies adopted by the major vendors to lead in the Ready-To-Drink (RTD) Coffee Market?
• What is the market share of the top vendors?
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