Ice Tea Market in China is Poised for Remarkable Growth of 8% During Forecast Period 2021-2031

Posted on 2022-08-31 by Fact.MR in Internet & Online // 0 Comments

Dublin, Ireland, 2022-Sep-01 — /EPR Network/ —

250 Pages Ice Tea Market Survey by Fact MR, A Leading Business and Competitive Intelligence Provider

The unprecedented COVID-19 pandemic has affected the global economy to a great extent. Considering the food industry, one of the most important sectors of the economy, a tremendous impact has been witnessed on the entire process from the field to the consumer. The restrictions in the movement of workers, closure of food production facilities, and changes in consumer demand have put excessive pressure on the food industry.

The report offers actionable and valuable market insights of Ice Tea. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Ice Tea Market across various industries and regions.

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The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Ice Tea market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Ice Tea

This newly published and insightful report sheds light on Market Insights of Ice Tea, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Ice Tea Market.

Competition Landscape

The aforementioned market players are considered as prominent players in the ice tea market. Further, key market players are focusing on backward integration for business development and expansion of their existing production capabilities.

Targeted acquisitions and mergers within the industry are key for sustaining in the ice tea market. Also, Coca-Cola and Starbucks, among key players, are adopting various organic and inorganic strategies to maintain their market dominance.

For instance, The Coca-Cola Company partnered with TerraCycle in 2019, and is providing customers of Western Europe the ability to use refillable containers for diverse beverages, including ice teas, via a European retailer.
In addition, Nestle SA, in 2019, switched to 23 ounce PET bottles, and significantly enhanced the quality of tea it produced under the new leadership in America to regain its lost dominance in the domestic market.

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Key Segments Covered of Ice tea Market

Product Type

Bottled Tea
Powdered Tea
Tea Bags

Tea Type

Fruit-infused Tea
- Lemon Tea
- Ginger Tea
- Cherry Tea
- Peach Tea
- Apple Tea
- Mango Tea
- Others
Liquor-infused Tea
CBD-infused Tea
Specialty Tea
- Matcha Tea
- Kombucha Tea

Nature

Organic
Conventional

Price Range

Economy
Mid-range
Premium

Sales Channel

HORECA
Modern Trade
Specialty Stores
Departmental Stores
Convenience Stores
Online Retailers
Other Sales Channels

Region

North America
Latin America
Europe
East Asia
South Asia & Oceania
Middle East & Africa

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List of Tables

Table No. 1. Global Ice Tea Value (US$ Mn) and Volume (Kilo Tons) Analysis, By Product Type, 2015-2019

Table No. 2. Global Ice Tea Value (US$ Mn) and Volume (Kilo Tons) Analysis, By Product Type, 2020-2030

Table No. 3. Global Ice Tea Value (US$ Mn) and Volume (Kilo Tons) Analysis, by Tea Type, 2015-2019

Table No. 4. Global Ice Tea Value (US$ Mn) and Volume (Kilo Tons) Analysis, by Tea Type, 2020-2030

Table No. 5. Global Ice Tea Value (US$ Mn) and Volume (Kilo Tons) Analysis, by Nature, 2015-2019

List of Figures

Figure 01: Global Ice Tea Market Value (US$ Mn), Volume (Kilo Tons) Forecast and Analysis, 2015-2019

Figure 02: Global Ice Tea Market Value (US$ Mn), Volume (Kilo Tons) Forecast and Analysis, 2020-2030

Figure 03: Global Ice Tea Market Value Y-o-Y Growth and Forecast, 2015-2029

Figure 04: Global Ice Tea Market Incremental $ Opportunity, 2020-2030

Figure 05: Global Ice Tea Market Volume (Kilo Tons) and Value (US$ Mn) Analysis, 2015, 2020 and 2030

Key Takeaways from Ice Tea Market Study

The global ice tea market is anticipated to add 2X value by 2030.
Bottled ice tea is predicted to grow at a sturdy rate of more than 6% CAGR over the forecast period.
East Asia is the transcendent market with a value of US$ 33.3 Bn in 2019, and is set to balloon at a vigorous CAGR of 7.2% during the forecast period.
Organic Ice tea is set observe a brisk growth rate of 8.% CAGR, while conventional ice tea is projected to add 2X its value over the forecast period.
Regions such as Latin America and the Middle East & Africa are projected to witness a surge at CAGRs of 8.6% and 8.8%, respectively.
By sales channel, online retailers is leading among all, globally, in term of growth rate, expected to progress at a high CAGR of more than 9% over the forecast period, whilst departmental stores are expected to follow next at a handsome CAGR of 7.5%.
An important market, China, is projected to expand at a CAGR of 7.6%, while India is set to race ahead at 9.3%.
The U.S. ice tea market is expected to expand at a CAGR of more than 7% through 2030.

Key Question answered in the survey of Ice Tea market report:

Sales and Demand of Ice Tea
Growth of Ice Tea Market

Market Analysis of Ice Tea
Market Insights of Ice Tea
Key Drivers Impacting the Ice Tea market
Which are the Key drivers impacted by Ice Tea market
Restraints Shaping Market Growth
Market Survey of Ice Tea

More Valuable Insights on Ice Tea Market

Fact.MR, in its new report, offers an unbiased Market Analysis of Ice Tea, Sales and Demand of Ice Tea, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

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Competition Landscape

List of Tables

List of Figures

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