Leading Ready To Drink (RTD) Tea And Coffee Country Markets Databank
The Ready To Drink (RTD) Tea And Coffee market was valued at $73,900.0 Million in 2020, and is projected to reach $133,200.3 Million by 2029 growing at a CAGR of 6.81% from 2021 to 2029. North America is expected to be the highest contributor to this market, with $27,047.4 Million in 2020, and is anticipated to reach $50,585.1 Million by 2029, registering a CAGR of 7.24%. Asia-Pacific is anticipated to reach $32,673.2 Million by 2029 with the highest CAGR of 7.89%. North America and Europe collectively expected to account for about 67.9% share of the Ready To Drink (RTD) Tea And Coffee market in 2020, with the former constituting around 36.6% share. Asia-Pacific and North America are expected to witness significant growth rates at a CAGR of 7.89% and 7.24% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 59.0% in the overall Ready To Drink (RTD) Tea And Coffee market in 2020, and is anticipated to reach 62.5% by 2029.
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