(Entertainment-NewsWire.com, January 25, 2018 ) The Global Ready to Drink (RTD) Coffee Market is worth USD xx million in 2017 and estimated to grow at a CAGR of xx.xx%, to reach USD xx million by 2022. The global Ready to Drink (RTD) Coffee market is developing at an exceptionally quick pace.
Ready to Drink (RTD) Coffee is being touted as a healthy replacement for carbonated drinks which is associated with numerous health hazards including obesity and hypertension. These are prepacked and refrigerated drinks and use probiotics for digestive health and sweeteners.
The significant drivers are growing health awareness coupled with rising disposable income. The rising demand for on the go drinks is expected to boost the demand for these products. However cost of coffee and use of locally sourced products limit the growth of Ready to Drink (RTD) Coffee market. Also adaption to new taste is a major constraint.
The global Ready to Drink (RTD) Coffee market is segmented on the basis of Packaging, ingredients type, sales channel and region. Based on Packaging the market is segmented into Bottles, Cans and others. Based on ingredients type the market is segmented into Taurine, Guarana, Yerba Mate, Ginseng, Vitamin B, Acai Berry, and Others. Based on Sales Channel the market is segmented into Convenience stores , Supermarkets/hypermarkets , Mass merchandisers , Drug stores ,Food services/ Sports nutrition chain , Vending ,Others.
Geographically, the Ready to Drink (RTD) Coffee market is segmented into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa. North America is expected to have the largest share followed by Europe. Asia Pacific is expected to have fastest growth.
Cargill ,Starbucks Corporation , Asahi Group Holdings Ltd. , Ajinomoto General Foods Inc. , Dunkin' Brands Group, Green Mountain Coffee Roasters ,Ferolito Vultaggio & Sons, Dr. Pepper Snapple Group,Japan Tobacco Inc. ,Lotte Chilsung Beverage Co. , Monster Beverage Co. are the leaders in the global Ready to Drink (RTD) Coffee market.
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