The global ready-to-drink tea market reached 37 billion liters in 2016: up 40% since 2011, and market consultancy Zenith Global predicts this impressive growth is set to continue with global consumption expected to reach 45 billion liters by 2021 (growing 7% per annum). Increased consumption has been driven by consumers’ rising health awareness, with RTD teas offering an attractive alternative to carbonated soft drinks. In Asia – by far the biggest market for RTD teas – functional benefits are also a key characteristic of the market. RTD teas will continue to evolve with exotic flavors and more sophisticated offerings. But the category will also face increased scrutiny over its health positioning, with some RTD teas containing as much sugar as carbonated soft drinks. Tg green tea, a new British brew, is set to take on global behemoths in the race to healthify the category. www.drinktg.com
FMCG Innovations and Trends by Sophia Nadur