South America Ready to Drink Tea Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

South America Ready to Drink Tea Market is segmented By Type (Green Tea, Herbal Tea, and Others), By Distribution Channel (Supermarket/Hypermarket, Convenience Stores, Online Stores, and Others) and By Geography

South America RTD Tea Market Size

Single User License
Team License
Corporate License
Book before:
south america ready to drink tea market summary
share button
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 3.80 %
Market Concentration High

Major Players

rd-img

*Disclaimer: Major Players sorted in no particular order

setting-icon

Need a report that reflects how COVID-19 has impacted this market and its growth?

Single User License

OFF

Team License

OFF

Corporate License

OFF
Book before:

South America RTD Tea Market Analysis

South America Ready to Drink Tea Market is projected to grow at a CAGR of 3.8% during the forecast period (2020 - 2025).

  • Consumption of RTD teas has witnessed a rising trend owing to the convenience and a healthy alternative to other ready-to-drink beverages on the market. In addition, the launch of new flavored teas, such as lemon and peach, has boosted the market growth in the South American region
  • Healthy hydration refers to the ability of RTD tea of providing instant refreshment and mild stimulating benefits that are not considered detrimental, which is otherwise the case with coffee and other energy drinks. This shift in portfolios is enabling brands to address new consumer segments and rebrand the carbonates landscape with a healthier, functional beverage alternative.

South America RTD Tea Market Trends

This section covers the major market trends shaping the South America RTD Tea Market according to our research experts:

Supermarket/ Hypermarket is the Most Preferred Sales Channel

The increase in demographics spending, ease, and convenience through supermarket purchases is expected to pave a strong pathway for RTD tea manufacturers to penetrate, particularly in the developing countries, where these stores are being set in large numbers. Consumers prefer purchasing the food & beverage products through supermarkets, as it serves as a platform with the availability of all the products in one place, which saves time and energy. The supermarket/hypermarket chains are searching for new ways to increase sales through their channels. Discount offers, lending new attractive look to the products and making brochures are some of the techniques being adopted to increase sales.

South America Ready to Drink Tea Market1

Brazil Dominates the Market

Despite the unstable economic scenario faced by the country in the last few years, still, RTD tea has shown resilience in volume growth terms. This performance has been achieved mainly through constant innovation, either in terms of new brands entering the market, new flavors being launched, or changes in pack size/type. Brazilian manufacturers are investing in specialist tea shops. One of the most important ones is TeaShop, a Spanish chain that already runs 34 stores in the country. Manufacturers are also focusing on expanding the product portfolio by introducing innovative products with new flavors. For instance, Suivie, for example, launched a version with jabuticaba fruit, apple, and ginger.

South America Ready to Drink Tea Market2

South America RTD Tea Industry Overview

South America ready to drink tea market is consolidated and the market is growing and is dominated by key players such as The Coca-Cola Company, PepsiCo, Dr. Pepper Snapple Group Inc., and Arizona Beverages USA. The major players have the geographical reach and an extensive distribution channel, which gives them an upper hand over other manufacturers. The players also revel in competitive advertising through various promotional channels.

South America RTD Tea Market Leaders

  1. The Coca-Cola Company

  2. Dr. Pepper Snapple Group Inc.

  3. Arizona Beverages USA

  4. Ito En, Ltd.

  5. PepsiCo Inc

*Disclaimer: Major Players sorted in no particular order

CL.png
bookmark Need More Details on Market Players and Competitors?
Download PDF

South America RTD Tea Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions & Market Definition

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Porter's Five Forces Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Type

      1. 5.1.1 Green Tea

      2. 5.1.2 Herbal Tea

      3. 5.1.3 Others

    2. 5.2 By Distribution Channel

      1. 5.2.1 Supermarket/Hypermarket

      2. 5.2.2 Convenience Stores

      3. 5.2.3 Online Stores

      4. 5.2.4 Others

    3. 5.3 By Geography

      1. 5.3.1 Brazil

      2. 5.3.2 Argentina

      3. 5.3.3 Rest of South America

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Adopted Strategies

    2. 6.2 Market Share Analysis

    3. 6.3 Company Profiles

      1. 6.3.1 Arizona Beverages USA

      2. 6.3.2 The Coca-Cola Company

      3. 6.3.3 PepsiCo Inc

      4. 6.3.4 Dr. Pepper Snapple Group Inc.

      5. 6.3.5 Ito En, Ltd.

      6. 6.3.6 Monster Beverage

    4. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

bookmark You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

South America RTD Tea Industry Segmentation

South America ready to drink tea market is segmented by type that includes green tea, herbal tea, and others. Based on the distribution channel, the market is divided into supermarket/hypermarket, convenience stores, online stores, and others. The study also involves the analysis of regions such as Brazil, Argentina, and the rest of South America.

By Type
Green Tea
Herbal Tea
Others
By Distribution Channel
Supermarket/Hypermarket
Convenience Stores
Online Stores
Others
By Geography
Brazil
Argentina
Rest of South America
customize-icon Need A Different Region Or Segment?
Customize Now

South America RTD Tea Market Research FAQs

The Ready-to-Drink Tea Market is projected to register a CAGR of 3.80% during the forecast period (2024-2029)

The Coca-Cola Company, Dr. Pepper Snapple Group Inc., Arizona Beverages USA, Ito En, Ltd. and PepsiCo Inc are the major companies operating in the Ready-to-Drink Tea Market.

The report covers the Ready-to-Drink Tea Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Ready-to-Drink Tea Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Ready-to-Drink Tea Industry Report

Statistics for the 2024 Ready-to-Drink Tea market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Ready-to-Drink Tea analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

close-icon
80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Please enter a valid email id!

Please enter a valid message!

South America Ready to Drink Tea Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)