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Global Ready to Drink Tea and Coffee Market to Grow with a CAGR of 7.3% from 2022-2027
The Ready to Drink Tea and Coffee Market is expected to reach US$ 153.19 Billion by 2027. Globally, tea and coffee that are ready to drink are packaged beverages sold in a ready-to-drink state. To replace nutritional shortages, RTD tea and coffee can also be modified to deliver personalized health benefits to consumers, especially for children and women. As a result, young people in both developed and developing countries are switching to RTD beverages for a quick boost of energy instead of synthetic sports drinks. Furthermore, ready-to-drink tea and coffee can be used as a substitute for carbonated drinks. Remarkably, Ready to Drink Tea is regarded as a healthy beverage. At the same time, Ready to Drink Coffee is considered a reliable source of immediate energy.