The global instant tea premixes market size accounted for USD 1,948 million in 2024 and is expected to exceed around USD 2,939 million by 2034, growing at a CAGR of 4.2% from 2024 to 2034.
The instant tea premixes market refers to preparing an instant powdered mix, including tea, milk powder, and sugar. The availability of flavored tea mixes increases the demand for instant tea premixes, attracting more customers. This also results in increasing the brand value of the company and building a larger consumer base. The rising consumption of tea and the rapidly expanding beverage industry drive the market. The increasing travel and tourism, rising disposable incomes, and sedentary lifestyles boost market growth. The rising adoption of instant tea premixes in the corporate sector also potentiates the market.
In addition, the increasing trend toward greater health benefits, cultural significance, and social gatherings propel the demand for instant tea premixes. The future scope of the instant tea premixes market includes eco-friendly packaging and subscription services. The growing demand for environmental sustainability necessitates the use of recyclable packaging materials. Some companies offer subscription services to improve brand value and generate a circular economy. Furthermore, the advent of advanced technologies such as NFC tags and QR tags revolutionize the labeling of instant tea premixes.
Keurig Green Mountain Inc., Ito En Ltd., Suntory Beverage & Food Ltd., The Republic of Tea Inc., Starbucks Corp., Ajinomoto General Foods Inc., The Coca Cola Company, Vending Updates India Pvt. Ltd., Dunkin Brands Group Inc., PepsiCo Inc., Monster Beverage Company, C. B. Shah & Co. (Tweak), Wagh Bakri Tea Group, Girnar Food & Beverages Pvt. Ltd., Unilever (Lipton)
Published by Vidyesh Swar
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