The Business Research Company’s Coffee And Tea Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026
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According to ‘Coffee And Tea Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026’ published by The Business Research Company, the coffee and tea market grew from $101.04 billion in 2021 to $110.6 billion in 2022 at a compound annual growth rate (CAGR) of 9.5%. Increasing demand for ready-to-drink (RTD) beverages is expected to drive the coffee and tea global markets in the forecast period. An RTD is a single-use packaged beverage that is ready for immediate consumption at the time of purchase. RTD drinks are gaining popularity among working adults due to their clean labels and functionality.
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The coffee and tea market overview consists of sales of coffee and tea by entities (organizations, sole traders, and partnerships) that produce roasted coffee, blended tea, coffee and tea concentrate, herbal tea, coffee extracts, flavorings, and syrups. The companies in the coffee and tea industry process raw materials into roasted coffee, blended tea, coffee and tea concentrates, herbal tea, coffee extracts, flavorings, and syrups, and package and distribute them through various distribution channels to both individual customers and commercial establishments.
Global Coffee And Tea Market Trends
Coffee companies are increasingly offering coffee subscription services to consumers. Coffee subscription services provide home delivery of coffee products to consumers for a subscription fee charged on a weekly or monthly basis.
Global Coffee And Tea Market Segments
The global coffee and tea market is segmented:
1) By Type: Coffee, Tea
2) By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Other Distribution Channels
3) By Form: Liquid, Powder, Capsules
4) By Packaging: Containers, Bags , Packets or Pouches
Subsegments Covered: Roasted Coffee, Coffee Concentrates, Essences And Extracts, Other Coffee, Black Tea, Green Tea, Specialty Tea, Other Tea
By Geography: The coffee and tea global market analysis is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific accounts for the largest share.
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Coffee And Tea Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides coffee and tea market overviews, analyzes and forecasts market size and growth for the global coffee and tea market, coffee and tea market share, coffee and tea market segments and geographies, coffee and tea market outlook, coffee and tea global market players, coffee and tea global market leading competitor revenues, profiles and market shares. The coffee and tea global market report identifies top countries and segments for opportunities and strategies based on market trends and key competitors’ approaches.
TBRC’s Coffee And Tea Global Market Report 2022 includes information on the following:
Data Segmentations: Market Size, Global, By Region and Country, Historic and Forecast, and Growth Rates for 60 Geographies
Key Market Players: Nestle S.A., Unilever plc, Suntory Holdings Limited, Ito En Ltd., Louis Dreyfus, Olam International, J.M. Smucker Company, Kerry Group plc, The Kraft Heinz Company, and Marubeni.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
And So Much More.
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