United States (USA) RTD Tea & Coffee Market Research Report, 2028

RTD tea and coffee have become integral parts of morning and afternoon rituals for many Americans. Starting the day with a cup of coffee or enjoying a mid-afternoon pick-me-up with a refreshing iced tea has become a cultural norm. These rituals provide a sense of comfort, routine, and a moment to pause and savor the flavours. Furthermore, convenience is a significant aspect of the culture surrounding RTD tea and coffee in the United States. The fast-paced nature of American society demands quick and easy solutions, and RTD beverages provide just that. Whether it's grabbing a bottle from a store shelf or ordering online for home or office delivery, convenience is a central theme in the culture of RTD tea and coffee. Moreover, Americans have a penchant for variety and flavor experimentation, and the culture of RTD tea and coffee reflects this. The market offers a vast array of flavours and combinations beyond traditional options. From classic black tea and coffee to fruity infusions, herbal blends, and indulgent flavours like caramel or mocha, there is a flavor for every taste preference. In addition, seasonal flavours play a significant role in the culture of RTD tea and coffee in the United States. As the seasons change, so do the flavours available. For instance, during the summer, iced tea variations, such as lemonade or fruit-infused options, become popular, while autumn may bring flavours like pumpkin spice or apple cinnamon to the forefront. According to the research report "United States Ready to Drink Tea & Coffee Market Research Report, 2028," published by Actual Market Research, the United States market was valued at more than USD 29.97 Billion in 2022. Health-conscious consumers are increasingly seeking healthier beverage options, and this trend has influenced the RTD tea and coffee market. There is a growing demands for products that are low in sugar, free from artificial additives, and made with natural or organic ingredients. RTD teas and coffees with functional benefits, such as those containing antioxidants, herbal infusions, or plant-based ingredients, are also gaining popularity. Furthermore, cold-brew coffee and iced tea have witnessed significant growth in the US market. Cold-brew coffee, known for its smoother and less acidic taste, has gained popularity among coffee enthusiasts. Ready-to-drink cold-brew coffee offerings have expanded, providing consumers with convenient options for enjoying this refreshing beverage. Iced teas, including flavored and sweetened varieties, are also in high demand, especially during the summer months. In addition, online subscription services have gained popularity in the RTD tea and coffee market. Consumers can sign up for recurring deliveries of their favorite RTD beverages, ensuring a constant supply without the need to visit physical stores. Subscription services often offer personalized options, allowing customers to customize their orders based on their preferences.

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Off-trade distribution channels are crucial to reaching a wide consumer base and providing convenience to customers who prefer purchasing RTD tea and coffee for later consumption. For instance, some popular retail brands and outlets in the United States that offer RTD tea and coffee products include Starbucks, Coca-Cola, PepsiCo, Nestlé, Keurig, Dr Pepper, and more. However, on-trade distribution channels provide consumers with the opportunity to enjoy RTD tea and coffee beverages in a social or leisurely setting, either as standalone drinks or as part of a meal. For instance, some well-known on-trade establishments in the United States that offer RTD tea and coffee products include Starbucks, Dunkin' Donuts, and Panera Bread. RTD coffee and tea beverages often have higher price points compared to homemade or traditional hot beverages. The cost of packaging, distribution, and marketing contributes to the higher prices. Ensuring that RTD options are competitively priced and offer value for money is crucial for attracting and retaining consumers. Furthermore, maintaining consistent quality and taste across batches can be a challenge for RTD beverages. Unlike freshly brewed coffee or tea, which can be adjusted and customized during preparation, RTD products must deliver a consistent flavor experience. Brands need to invest in quality control measures and rigorous testing to ensure that each bottle or can of their RTD product meets consumers' taste expectations. In addition, the logistics of distributing RTD coffee and tea products can be complex and costly. Ensuring that beverages are delivered to retailers or online customers in a timely manner while maintaining product freshness and quality is a challenge. Considered in this report • Geography: United States • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028

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Kripa Shah

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Aspects covered in this report • United States Ready to Drink Tea & Coffee market with its value and forecast along with its segments • On-going trends and developments • Top profiled companies • Strategic recommendation By Type • Ready to Drink Tea • Ready to Drink Coffee By Packaging • Pet Bottle • Canned • Glass Bottle • Fountain/Aseptic • Others (Pouches, Cartoons and Cups)

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By Price • Regular ($0.50 to $2 per unit) • Popular Priced ($2 TO $4) • Premium ($4 to $8) • Super Premium (above $8) • Fountain By Distribution Channel • Off-trade • On-trade (Food Service and Vending) The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to ready to Drink Tea & Coffee industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.