The Middle East and Africa Ready to Drink (RTD) Coffee Market is predicted to grow at a CAGR of 6.78% from 2024 to 2029 and the market size is expected to be valued at USD 1.41 billion by 2029 from USD 1.02 billion in 2024.
Ready to Drink (RTD) Coffee is being touted as a healthy replacement for carbonated drinks which is associated with numerous health hazards including obesity and hypertension. These are prepacked and refrigerated drinks and use probiotics for digestive health and sweeteners.The significant drivers are growing health awareness coupled with rising disposable income. The rising demand for on the go drinks is expected to boost the demand for these products. However cost of coffee and use of locally sourced products limit the growth of Ready to Drink (RTD) Coffee market. Also adaption to new taste is a major constraint.
Geographically, market is further segmented into Middle East and Africa. Middle East and Africa has an untapped market and key players are slowly expanding to this region which is the main reason for the growth of market in this region.
Cargill, Starbucks Corporation, Asahi Group Holdings Ltd., Ajinomoto General Foods Inc., Dunkin' Brands Group, Green Mountain Coffee Roasters, Ferolito Vultaggio & Sons, Dr. Pepper Snapple Group, Japan Tobacco Inc., Lotte Chilsung Beverage Co., Monster Beverage Co are some of the notable companies in the Middle East and Africa Ready to Drink (RTD) Coffee market.
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