Ready to Drink Tea & Coffee Market Size Worth USD 219.95 Billion by 2034 | CAGR: 6.3%

The global Ready to drink tea and coffee market size is expected to reach USD 219.95 billion by 2034, according to a new study by Polaris Market Research. The report “Ready to Drink Tea & Coffee Market Size, Share, Trends, Industry Analysis Report: By Product, By Packaging (PET Bottle, Canned, Glass Bottle, and Others), By Price, By Distribution Channel, and By Region – Market Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.

RTD tea and coffee products offer an on-the-go solution for busy consumers who seek refreshing, flavorful, and functional beverages without the need for brewing or preparation. The market encompasses a wide range of products, including bottled iced teas, cold brews, flavored coffees, and functional beverages infused with vitamins, antioxidants, and natural ingredients. The ready to drink (RTD) tea & coffee market has witnessed significant growth in recent years, driven by shifting consumer preferences toward convenience, health-conscious choices, and innovative beverage options.

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The growing demand for convenient and portable beverage options is propelling the RTD tea & coffee market expansion. Modern lifestyles, characterized by hectic schedules and urbanization, have led consumers to seek quick and easy alternatives to traditional hot beverages. RTD products eliminate the need for brewing or waiting, making them ideal for office-goers, students, and travelers. Additionally, the expansion of retail channels, including supermarkets, convenience stores, and online platforms, has made RTD beverages more accessible.

Ready to Drink (RTD) Tea & Coffee Market Report Highlights

• In terms of product, the RTD coffee segment dominated the RTD tea & coffee market share in 2024 due to shifting consumer preferences toward convenient, premium-quality beverages.
• The RTD tea segment is expected to grow at a rapid pace during the forecast period, with sparkling tea emerging as a key sub-segment.
• Based on price, the economy segment accounted for a major market share in 2024 due to widespread consumer demand for affordable, convenient beverages.
• In the global market, Asia Pacific accounted for a major market share in 2024 due to strong consumer demand, cultural affinity for tea, and rapid urbanization.
• The market in North America is expected to grow at a robust pace in the coming years, owing to the shifting lifestyle patterns, where consumers seek healthier, functional alternatives to craft sodas.
• A few of the global key market players are AriZona Beverages; Asahi Group Holdings, Ltd.; Danone; Monster Energy Company; Nestlé; PepsiCo; Starbucks Coffee Company; Suntory Holdings Limited; The Coca Cola Company; and Unilever.

Polaris Market Research has segmented the market report on the basis of product, packaging, price, distribution channel, and region:

By Product Outlook (Revenue, USD Billion, 2020–2034)

• RTD Coffee
  • Flavored Coffee
  • Cold Brew Coffee
  • Iced Coffee
  • Others
• RTD Tea
  • Kombucha
  • Green
  • Black
  • Fruit
  • Sparkling Tea
  • Others

By Packaging Outlook (Revenue, USD Billion, 2020–2034)

• PET Bottle
• Canned
• Glass Bottle
• Others

By Price Outlook (Revenue, USD Billion, 2020–2034)

• Economy
• Premium

By Distribution Channel Outlook (Revenue, USD Billion, 2020–2034)

• Food Service
• Supermarkets/Hypermarkets
• Convenience Stores
• Online

By Regional Outlook (Revenue, USD Billion, 2020–2034)

• North America
  • US
  • Canada
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Netherlands
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Malaysia
  • South Korea
  • Indonesia
  • Australia
  • Vietnam
  • Rest of Asia Pacific
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Israel
  • South Africa
  • Rest of Middle East & Africa
• Latin America
  • Mexico
  • Brazil
  • Argentina
  • Rest of Latin America