COVID-19 Analysis on the Global Bottled Tea Market
A recent market research report on the Bottled Tea market published by Fact.MR is an in-depth assessment of the current landscape of the market. Further, the report elaborates on the impact of the COVID-19 on the Bottled Tea market and provides a thorough understanding of the growth potential of each market segment over the forecast period (2020-2030).
According to the analyst at Fact.MR, the Bottled Tea market is evenly slated to register a CAGR growth of ~XX% during the assessment period and attain a value of ~US$ XX by the end of 2030. The report analyzes the micro and macro-economic factors that are projected to impact the growth of the Bottled Tea market in the upcoming years. Further, a detailed analysis of the business continuity strategies of leading market participants is enclosed in the presented report.
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Key Insights Enclosed in the Report
- Key technological developments related to the Bottled Tea
- Assessment of the product pricing strategies of prominent market players
- Country-wise analysis of the Bottled Tea market in different regions
- Analysis of the COVID-19 impact on supply-demand, value chain, and consumption
- Adoption of the Bottled Tea in various end-use industries
Segmentation of the Bottled Tea Market
The presented report dissects the Bottled Tea market into different segments and ponders over the current and future prospects of each segment. The report depicts the year-on-year growth of each segment and touches upon the different factors that are likely to influence the growth of each market segment. Further, projections are made taking into account the impact of the COVID-19 pandemic on the each market segment.
The various segments of the Bottled Tea market analyzed in the report include:
The competitive landscape section of the bottled tea market report provides a dashboard view of the market players operating in the global marketplace of bottled tea. In addition, company profiles of key market players with a detailed information on product offerings, company share, regional presence and notable developments are included in the competitive landscape section.
Few of the profiled players in the bottled tea market include Suntory Holdings Ltd, Nestlé S.A, The Coca-Cola Company, Tsing Hsin International Group, PepsiCo Inc, Monster Beverage Company, Uni-President Enterprises, JDP Group, Arizona Beverage Company and OISHI GROUP.
Key manufacturers in the bottled tea market are leveraging strategies such as the expansion of production capacity as well as market presence as well as new product launch.
Suntory Products Ltd. has announced at the beginning of 2018 that it will strengthen the PET bottle production facility of Haruna plant. The PET bottle products will be produced using aseptic packaging to stay ahead of the consumer trends such as health-consciousness and changing work style.
Tiesta Tea, a Chicago-based loose-leaf tea company has launched a new line of functional cold brew bottled tea in targeted grocery stores in the U.S.
In November 2018, Buddha Teas, a California-based brand ventured into Latin America, Mexico with its bottled tea and beverages – single-herb teas, cannabidiol blends and RTD matcha beverage.
In January 2018, the Coca-Cola Company announced the launch of its popular tea brand – Fuzetea in Europe across 37 countries. The brand entails Coke’s strategy to deliver low- and no-sugar options in more packages and locations.
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Bottled tea is a general name given for different types of tea that are commercially sold as a bottled drink. Black tea, green tea, red tea, oolong tea, jasmine tea, herbal tea and fruit tea that are made available in bottles are considered rich in antioxidants and polyphenols that help in the prevention of a number of diseases including cancer.
About the Report
Fact.MR has compiled a study on the bottled tea market and published a new report titled, “Bottled Tea Market Forecast, Trend Analysis & Competition Tracking – Global Market Insights 2018 to 2027.” This report on the bottled tea market covers all the vital aspects of the market that hold significant influence on the future progress of the bottled tea market. The bottled tea market analysis covers a thorough analysis of the bottled tea market for the historical period of 2013-2017 and forecast period of 2018-2027.
The bottled tea market is segmented based on product type, nature, flavor and sales channel. This structure of the bottled tea market is thoroughly discussed in this section of the bottled tea market. Based on product type, the bottled tea market is sub-segmented into still bottled tea and sparkling bottled tea.
Further, the bottled tea market segmentation based on sales channel includes HORECA, modern trade, specialty store, departmental stores, convenient store, online retailers, drug stores and other sales channels.
By nature, the bottled tea market is sub-segmented into organic and conventional bottled tea. Among different flavors, the bottled tea market is studied for black tea, green tea, red tea, oolong tea, jasmine tea, herbal tea and fruit tea.
Additional Questions Answered
In addition to the aforementioned insights of the bottled tea market, the bottled tea market report also covers other facets of the market that hold significant influence on the progress of the bottled tea market. A thorough discussion as such can answer some of the important questions of business professionals interested in the bottled tea market.
- What will be the impact of megatrends on the tea market and preference for bottled tea in the future?
- Which region will lead the production and consumption of bottled tea during the forecast period?
- Amid extensive popularity of coffee and development of bottled coffee, how will bottled tea market progress?
- Among different types of bottled tea – still and sparkling, which type will be highly preferred in the future?
The robust research methodology followed during the course of the bottled tea market study is provided in this chapter. The methodology of research includes information on the primary as well as secondary research used to study the bottled tea marketplace at a global stage. The resources used to carry out the primary and secondary research are discussed that gives clarity about the assumptions and forecast derived in the bottled tea market report.
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Important doubts related to the Bottled Tea market clarified in the report:
- Which regional market is expected to witness the highest growth during the forecast period?
- How has the surging prices of raw materials during the COVID-19 pandemic impacted the growth of the Bottled Tea market?
- Why are market players focusing on R&D and innovations?
- Are market players expanding their global presence? If yes, how?
- What is the estimated value of the Bottled Tea market in 2020?
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- COVID-19 analysis with credible insights
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