News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
 Content Sharing
CN Sugar-free Tea Mkt Shr Exceeds Soft Drinks for 1st Time w/ Fierce Competition & Price War
The market scale for sugar-free beverages in China reached RMB24.1 billion, with sugar-free tea accounting for 49% of the total, Chinese media quoted the “2023 White Paper on...
Reset
Send
The window will close in 5 seconds
CN Sugar-free Tea Mkt Shr Exceeds Soft Drinks for 1st Time w/ Fierce Competition & Price War
Close
Recommend
2
Positive
3
Negative
3
 
SHORT SELL
 
STOCK INFO

The market scale for sugar-free beverages in China reached RMB24.1 billion, with sugar-free tea accounting for 49% of the total, Chinese media quoted the “2023 White Paper on China's Sugar-free Tea Industry” published by EO Intelligence as saying.

"Ready-to-drink tea", including sugar-free tea, gained 21.1% of market shares in 2023, surpassing carbonated beverages' 18.5% market share gains for the first time, ranking first in the industry, according to Nielsen's data.

However, the competition for sugar-free tea is fierce. As for the online platform, the price war for sugar-free tea became even more intense, with the price of some products even dropping below the RMB3 mark.

AAStocks Financial News
Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.