Newly released market study: RTD Tea in Cameroon

From: Fast Market Research, Inc.
Published: Tue Mar 08 2016

Still RTD tea posted off-trade current value growth of 13% in 2015, in part reflecting rising prices. In 2014 off-trade value growth was only 6%. However, off-trade volume growth was not as robust, at 6% in 2015, down from 7% in 2014. This is due to a lack of culture for drinking cold tea, as well as the fact that price are relatively high. In addition, other drinks such as carbonates and bottled water are much more visible and affordable for consumers than RTD tea, which is not very visible despite attempts by Nestlé SA to sell its Nestea brand via street stalls.

Competitive Landscape

Private label accounted for the largest share of still RTD tea, the only category, thanks to the products offered in new supermarkets such as Super U. Unilever Ltd was the leading branded operator, present with the Lipton Ice brand, which is present in supermarkets patronised by upper-income Cameroonians or by expatriates.

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Industry Prospects

The future for RTD tea in Cameroon is not expected to be particularly bright as most consumers do not regard tea as a cold drink. In addition, most consumers are expected to prefer to drink carbonates, while more health-conscious consumers will seek to switch from carbonates to bottled water and juice. Should the manufacturers of RTD tea try to tap into an increasing health consciousness amongst upper-income Cameroonian consumers and sell RTD tea as a healthier alternative to carbonates and as a change from bottled water, it may help to boost sales. However, such growth would only be marginal too few Cameroonians are likely to be wealthy enough to have obesity or weight problems over the forecast period any many simply regard tea as a hot drink.

Report Overview

Discover the latest market trends and uncover sources of future market growth for the RTD Tea industry in Cameroon with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the RTD Tea industry in Cameroon, our research will save you time and money while empowering you to make informed, profitable decisions.

The RTD Tea in Cameroon market research report includes:

* Analysis of key supply-side and demand trends
* Detailed segmentation of international and local products
* Historic volumes and values, company and brand market shares
* Five year forecasts of market trends and market growth
* Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

* What is the market size of RTD Tea in Cameroon?
* What are the major brands in Cameroon?

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