United Kingdom Ready-to-Drink (RTD) Coffee Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

United Kingdom Ready-to-Drink (RTD) Coffee Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The United Kingdom Ready-to-Drink Coffee Market is projected to grow at a CAGR of 2.4% during the forecast period.

Key Highlights

• The demand for ready to drink beverages has witnessed growth due to the busy lifestyle and ready-to-drink coffee, being an excellent source of instant energy is becoming popular amongst youngsters as well the middle-aged working population.
• Ready to drink coffee is a healthy substitute of carbonated drinks which are associated with health hazards such as obesity and hypertension. The RTD coffee provides convenience by utilizing either brewed coffee or coffee extract that can be consumed in hot and cold form.
• Manufacturers are focusing on new product development with different flavors as a key strategy to expand their business and improve sales and distribution of RTD coffee.

Key Market TrendsSurge in Demand for Bottled RTD Coffee

Packing of all beverages by almost all major players are made more attractive to increase the sales of their products. Also, packages in various quantities are made available for easy usage. Glass bottle and pet bottle are widely used around the world. Pet bottles are preferred more than the traditional glass bottles, as new technology enables these bottles to do more than just hold beverages. These bottles aid in improving the shelf life and preservation apart from being available in economy formats. Pet bottles are manufactured in such a way that consumers can either heat or cool the coffee depending on their requirements. These hot/cool bottles come in a handy ‘grab and go’ sizes and can be used conveniently. Products in bottled format can be consumed all at once or can be stored. Caps or lids over these bottles also play an important role as they preserve the freshness and aroma of the drinks.

Supermarkets/Hypermarkets Segment Drives the Market

Distribution of ready to drink coffees has expanded to several mainstream channels, such as supermarkets, hypermarkets, specialist stores, etc. Among the numerous outlets available, supermarket and hypermarkets channels are preferred in the countries in the country, as they have potential for stocking different variants of coffee, of different companies along with the catering to consumer’s preferences. Expanding shelf spaces for innovative launches by companies is anticipated to drive the market growth in the future. The increase in demographics spending, ease, and convenience through supermarket purchases is expected to pave a strong pathway for RTD coffee manufacturers to penetrate urban markets in the country, where these stores are being set in large number.

Competitive Landscape

United Kingdom Ready-to-Drink Coffee Market is consolidated and the major players include Starbucks Corporation, The Coca-Cola Company, Luigi Lavazza SpA, DD IP Holder LLC (Dunkin’ Brands) among others. The key strategies being used by these market players are that of focusing on expansion of new facilities and launching new products & services.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

Companies Mentioned

IBM Corporation
Oracle Corporation
Internap Corporation
Packet Inc. (An Equinix Inc. Company)
Scaleway Inc.
Amazon Web Services Inc
Rackspace Inc.
CenturyLink, Inc.
LightEdge Solutions, Inc

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