According to Cognitive Market Research, the global RTD Coffee and Tea Drinks market size is USD 105815.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 6.80% from 2024 to 2031.
North America held the major market of more than 40% of the global revenue with a market size of USD 42326.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.0% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 31744.56 million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD 24337.50 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.8% from 2024 to 2031.
Latin America holds the market of more than 5% of the global revenue with a market size of USD 5290.76 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.2% from 2024 to 2031.
Middle East and Africa held the market of around 2% of the global revenue with a market size of USD 2116.30 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.5% from 2024 to 2031.
The flavors held the highest RTD Coffee and Tea Drinks market revenue share in 2024.