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Global iced tea consumption exceeded 35 billion litres in 2015, says Zenith International. Since 2010, the market has grown by 44%, well above the 25% rate for all soft drinks.
Its strong growth is attributed to consumers greater health awareness, choosing beverages that offer health benefits and thirst quenching properties without compromising on taste.
Other findings in the companys Global Ready-To-Drink Tea Report include:
"Ready to drink tea has multiple attractions for millennial and other adult consumers," comments Zenith chairman Richard Hall. "Its refreshing, light, natural and generally healthy, with a heritage as well as provenance that consumers increasingly value.
"New lower calorie launches have added extra appeal."
The company forecasts that consumption will continue growing by 4.4% a year to reach almost 44 billion litres by 2020.
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