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The global iced tea market revenue is expected to expand at a moderate CAGR over the forecast period. Growing population, increasing health concerns, and rising preference towards convenient food are major factors expected to drive growth of the global market over the forecast period.

The global iced tea market report has been segmented on the basis of product type, form, distribution channel, and region. On the basis of product type, the target market is segmented into black iced tea and green iced tea. The black iced tea product type segment is expected to register significant share in terms of revenue over the forecast period, owing to its strong flavor and taste. In addition, green iced tea product type segment is expected to register significant growth in the near future, owing to increasing health concerns and its benefits. On the basis of form, the target market is segmented into liquid, powder, and premix. The liquid form iced tea segment is expected to register significant growth over the forecast period. On the basis of distribution channel, the target market is segmented into online, supermarkets, hypermarkets, specialty stores, and restaurants

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Based on the region the target market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in North America is estimated to be highest share in terms of revenue over the forecast period, owing to rising consumer preference towards iced tea as a beverage due to its health benefits. The market in Asia Pacific is expected to register significant growth over the forecast period, owing to increasing preference of consumers towards ready-to-drink beverages and changing food habits of individuals in various countries in this region.

Key players operating in the global iced tea market include AriZona Beverage Company LLC, BOS Brands (Pty) Ltd., 4C Foods Corp, Harris Freeman & Company Inc., The Unilever Group, Mother Parkers Tea & Coffee Inc., Nestlé S.A., Hangzhou Wahaha Group Co. Ltd., Healthy Beverage, LLC, and Starbucks Corporation

 

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