east europe iced/rtd tea drinks consumption volume and growth forecast to 2021 - ken research
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ICED/RTD TEA DRINKS CONSUMPTION VOLUME AND GROWTH FORECAST TO 2021-EAST EUROPE
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Landscape of Eastern European Iced/RTD Tea Drinks Market
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Huge popularity due to association with health and wellness trend leading consumers to shift from
traditional carbonates.
Leading players include Lipton (Unilever), Arizona (Ferolito, Vultaggio)
and Nestea (Nestle).
Increasing numbers of unsweetened, organic, and diet variants have been
observed.
The Future of Iced/RTD Tea Drinks in Eastern Europe
Iced/RTD tea drinks are making a strong foray into Eastern Europe.
The industry is expected to make rapid expansion as consumers switch towards healthier beverages.
The traditional peach and lemon flavors of iced/RTD tea drinks are currently the top choices amongst Eastern Europeans.
Future forecasts suggest trends will shift towards herbal and organic Iced/RTD tea drinks.
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Key Factors Driving High Consumption of Iced/RTD Tea Drinks in Eastern Europe
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Key Macroeconomic Factors Driving High Consumption of Iced/RTD Tea Drinks in Eastern Europe
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Strong Real Incomes
Increasing Employment
Cautiously increasing Interest Rates
Lack of Inflationary pressures
Data confirm that regional GDP growth accelerated in Q4 2015, rising from 3.4% in Q3 2015 to 3.6% over the same period of the previous year.
WEAKNESSES• Still on its way to
recovery after the Global Financial Crisis
OPPORTUNITIES• Ease of doing business rank is
improving•
STRENGTHSOffers health benefits over other
carbonated/aerated soft drinks
Considered more natural and organic
Value-for-money products being launched
High innovation leading to strong demand
WEAKNESSESGrowth many slowdown due to uncertain
economic conditions in Europe.
Most products are premium-priced and beyond the reach of growing middle class.
OPPORTUNITIESGreat opportunity lies in exploring more regional
flavors of iced/RTD tea to attract customers.
A large section of customers still untapped but holds immense potential.
For eg-: In Asia, the launch of flavors such as ginger tea led to very high consumption.
THREATSPossible threat from traditional soft-drinks
manufacturers who have achieved high economies of scale and can reduce prices to increase
competition for iced/RTD drinks.
SWOT ANALYSIS
SWOT Analysis
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Scope of the Report
• Detailed overview of the Iced/RTD tea drinks market in Eastern Europe.
• Key insights into the operating environment for the Iced/RTD drinks market in Eastern Europe.
• Historic and forecast consumption values for Iced/RTD Tea Drinks covering 2010-2014 2015provisional data and forecasts for 2016- 2021.
• Historic and forecast market value by product category across the Iced/RTD drinks industry for theperiod 2010 through to 2021.
• Considering the macroeconomic scenario and its population composition, this segment undeniablypromises well anchored, structured and withstanding growth prospects till 2020.
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Contact Information
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