RTD tea continues to post steady growth in off-trade volume terms in 2023, while in on-trade volume terms sales continue to post a strong recovery. The strong performance from RTD tea is thanks to the burgeoning health and wellness trend in Vietnam, with some consumers switching to the category from other soft drinks such as carbonates. In Vietnam, the majority of consumers believe RTD tea made from green tea and black tea is generally good for their health.
Euromonitor International's RTD Tea in Vietnam report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data (2018-2022), allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market – be they legislative, distribution, packaging or pricing issues. Forecasts to 2027 illustrate how the market is set to change.
Product coverage: Carbonated RTD Tea and Kombucha, Still RTD Tea.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report? * Get a detailed picture of the RTD Tea market; * Pinpoint growth sectors and identify factors driving change; * Understand the competitive environment, the market’s major players and leading brands; * Use five-year forecasts to assess how the market is predicted to develop.
RTD Tea in Vietnam
Euromonitor International
December 2023
List Of Contents And Tables
RTD TEA IN VIETNAM
KEY DATA FINDINGS
2023 DEVELOPMENTS
RTD tea continues to see healthy growth in 2023
Rising popularity of milk tea flavour while kombucha remains a new concept
Health and wellness trend supports the growth of reduced sugar RTD tea
PROSPECTS AND OPPORTUNITIES
RTD tea expected to continue recording strong and steady growth over the forecast period
Increasing demand for smaller pack sizes as consumers go in search of convenience and value
Players likely to focus on innovation to stimulate consumer demand for RTD tea
CATEGORY DATA
Table 1 Off-trade Sales of RTD Tea by Category: Volume 2018-2023
Table 2 Off-trade Sales of RTD Tea by Category: Value 2018-2023
Table 3 Off-trade Sales of RTD Tea by Category: % Volume Growth 2018-2023
Table 4 Off-trade Sales of RTD Tea by Category: % Value Growth 2018-2023
Table 5 Leading Flavours for Off-trade RTD Tea: % Volume 2018-2023
Table 6 NBO Company Shares of Off-trade RTD Tea: % Volume 2019-2023