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The iced tea market in India is expected to grow by USD 6.00 bn from 2021 to 2026, as per Technavio. The growth momentum of the market will accelerate at a CAGR of 17.43%. The year-over-year growth rate of the market in 2022 is 21.51%.
Read the 120-page report with TOC on "Iced Tea Market in India Analysis Report by Product (black iced tea, green iced tea, and others) and Distribution Channel (offline and online), and the Segment Forecasts,2022-2026".
The market is driven by factors such as rising urbanization and changing consumer lifestyles. Urbanization also indicates a rise in the per capita annual household disposable income of consumers. The working population seeks healthy products that are convenient to be consumed on the go, such as iced tea.
Major Five Iced Tea in India Companies:
- Goodwyn Tea - The company offers peppermint tea that soothes stomach problems, helps fight sinus, and improves concentration.
- Gujarat Tea Processors and Packers Ltd. - The company offers a wide range of iced tea such as lemon ice tea, orange ice tea, peach ice tea, aloe vera and litchi ice tea, and many more.
- Karma Kettle Teas - The company offers a wide range of iced teas such as green tea with mango and cumin, rooibos tea with spiced apple, jasmine green tea with peach, and many more.
- Nestle SA - The company offers Nestea Iced Tea that has a refreshing, balanced taste and is available in sweetened and unsweetened varieties.
- ORGANIC INDIA Pvt. Ltd. - The company offers a wide range of iced tea such as tulsi sweet lemon ice tea, tulsi sweet rose ice tea, tulsi green ice tea classic, and many more.
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Iced Tea Market In India Product Outlook (Revenue, USD bn, 2021-2026)
- Black iced tea - size and forecast 2021-2026
- Green iced tea - size and forecast 2021-2026
- Others - size and forecast 2021-2026
Iced Tea Market In India Distribution Channel Outlook (Revenue, USD bn, 2021-2026)
- Offline - size and forecast 2021-2026
- Online - size and forecast 2021-2026
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Iced Tea Market Scope in India |
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 17.43% |
Market growth 2022-2026 |
USD 6.00 billion |
Market structure |
Fragmented |
YoY growth (%) |
21.51 |
Regional analysis |
India |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
Goodwyn Tea, Gujarat Tea Processors and Packers Ltd., Karma Kettle Teas, Nestle SA, ORGANIC INDIA Pvt. Ltd., Tata Consumer Products Ltd., TE-A-ME, TGL Co., The Coca-Cola Co., and Unilever Group |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
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