Report Description

Global Tea Market is witnessing robust growth owing to its acceptance as a regular beverage instead of aerated drinks especially among elder generation and health conscious consumers. The demand for the tea is expected to be fueled by increasing awareness of the advantages, such as the capacity to strengthen bones and teeth, boost immune system, lower risk of cancer, kidney stones, cardiovascular illnesses, and control blood cholesterol levels. Therefore, the above mentioned factors are driving the demand of tea market across the globe during the forecast period.

Tea is the most popular beverage worldwide, which is made from the leaves and buds of a plant known as Camellia sinensis. Camellia sinensis is a flowering evergreen shrub that grows in tropical and subtropical regions. Tea production is the process of converting freshly picked green tea leaves final tea. The process requires care and scientific understanding which includes many steps to get the final product tea. The tea is available in two forms which includes powder, crushed form and other dried leaves.

According to the Tea Board, India consumed 89.24% of its total tea production in fiscal 2020-21, with consumption increasing from 1,116 million kg in the previous fiscal year to 1,145 million kg in 2020-21. This is a 2.60% increase. Furthermore, more than 159 million Americans consume tea each day, according to Tea Association of United States data 2022. In 2021, about 85 billion servings, or more than 3.9 billion gallons, of tea were consumed in the United States. Black tea accounted for approximately 84% of all tea consumed, followed by green tea at 15% and a little amount of oolong, white, and dark tea at the other end. Thus, with rising consumption of tea the market of tea will expand during the forecast period across the globe.

Health Benefits of Tea Aids The Market Growth

Tea is a pleasant drink that contains no sodium, fat, sugar, or carbonation. It contains nearly no calories. Tea promotes fluid balance and may improve general health. Tea also contains flavonoids, which are chemical compounds with antioxidant properties. Tea flavonoids frequently include bioactive molecules that help the body fight free radicals, which are thought to cause long-term damage to lipids and genetic material as well as the development of chronic diseases. For instance, according to studies of the human population, those who regularly drink three or more cups of black tea each day have a lower risk of heart disease and stroke. Additionally, a study published in the American Journal of Clinical Nutrition discovered that black tea lowers blood pressure and, among hypertensive participants, helps to counterbalance the harmful effects of a high-fat meal on blood pressure and arterial blood flow. Thus, various above mentioned health benefits of tea are boosting the demand of tea across the globe.

Growing Preference for Herbal and Green Tea Globally Boost the Market Growth

The market of tea will continue to expand as a result of growing consumer awareness of the health advantages of herbal and green tea. Other factors driving market growth include the rise in taste and preference modifications as well as the addition of new healthful ingredients to tea by various market competitors. Manufacturers are investing in Research and development to raise the quality and flavor to appeal more customers. For instance, consumers looking for beverages with little sugar, Green Hills, introduced Rum and Honey Flavored Herbal Tea. The drink is alcohol-free but contains a lot of licorice, apple, cinnamon, and star anise, which give it an alcoholic flavor. Therefore, with the antioxidant properties of green tea and herbal tea driving the growth of green and herbal tea market during the forecast period globally.

High Prevalence of Tea Culture Boosts the Market Growth

The significant prevalence of tea culture in countries such as China, India, Japan, and other countries is accountable for the major rise in demand for tea. Additionally, people prefer to drink tea as it contains  amino acid that produces a calming effect resulting in a better mood. It also helps in boosting immune system and keeps an individual look fresher. People prefer to drink tea as it has been found to be an effective anti-depressant and a tension reducer. For instance, in India tea is considered as the household drink and in addition to this millions of tea stalls can be found on almost every street in the country. Therefore, the global tea industry has seen rapid growth, with a rising number of consumers globally.


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Market Segmentation

The Global Tea Market is segmented based on the product type, form, packaging type, and distribution channel. The market is divided into green tea, black tea, oolong tea, herbal tea, and white tea based on product type. Based on form, the market is segmented into powder and dried leaves. Based on packaging type, the market is further divided into tea bags and loose tea. Based on distribution channels, the market is divided into supermarkets/hypermarkets, convenience stores, departmental stores, online stores, and others such as direct sales, distributor & dealer sales etc. The market analysis also studies the regional segmentation to devise regional market segmentation, divided among North America, Europe, Asia-Pacific, South America, and Middle East & Africa.

Company Profiles

Ito En, Ltd., Associated British Foods plc (Twinings), The Republic of Tea, Inc., Barry's Tea Limited, Hain Celestial Group, Inc., Unilever plc, Tata Consumer Products Limited, Nestlé S.A., Harney & Sons Tea Corp., Bettys & Taylors of Harrogate Ltd, are among the major market players in the global platform that lead the market growth of the global tea market.

Attribute

Details

Base Year

2022

Historical Years

2018 – 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Billion; Volume in Million and CAGR for 2018-2022 and 2023-2028

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

Product Type

Form

Packaging Type

Distribution Channel

Region

Regional Scope

Asia-Pacific, North America, Europe, South America, and Middle East & Africa,

Country Scope

United States, Canada, Mexico, Germany, France, United Kingdom, Italy, Spain, China, India, Japan, South Korea, Australia, Saudi Arabia, UAE, South Africa, Turkey, Brazil, Argentina, Colombia

Key Companies Profiled

Ito En, Ltd., Associated British Foods plc (Twinings), The Republic of Tea, Inc., Barry's Tea Limited, Hain Celestial Group, Inc., Unilever plc, Tata Consumer Products Limited, Nestlé S.A., Harney & Sons Tea Corp., Bettys & Taylors of Harrogate Ltd

Customization Scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and Purchase Options

Avail of customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request)

 

Report Scope:

In this report, the Global tea market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Global Tea Market, By Product Type:
    • Green Tea
    • Black Tea
    • Oolong Tea
    • Herbal Tea
    •  White Tea
  • Global Tea Market, By Form:
    • Powder
    • Dried Leaves
  • Global Tea Market, By Packaging Type:
    • Tea bag
    • Loose Tea
  • Global Tea Market, By Distribution Channel:
    • Supermarkets/Hypermarkets
    • Convenience Stores
    • Departmental Stores
    • Online Stores
    • Others
  • Global Tea Market, By Region:
    • Asia-Pacific
      • China
      • India
      • Japan
      • South Korea
      • Australia
    • North America
      • United States
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • United Kingdom
      • Italy
      • Spain
    • South America
      • Brazil
      • Argentina
      • Colombia
    • Middle East & Africa
      • Saudi Arabia
      • UAE
      • South Africa
      • Turkey

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global tea market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

It is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Introduction

1.1.  Product Overview

1.2.  Key Highlights of the Report

1.3.  Market Coverage

1.4.  Market Segments Covered

1.5.  Research Tenure Considered

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary         

3.1.  Market Overview

3.2.  Market Forecast

3.3.  Key Regions

3.4.  Key Segments

4.    Voice of Customer Analysis (B2C Model Analysis)

4.1.  Sample Size Determination

4.2.  Respondent Demographics

4.2.1.     By Gender

4.2.2.     By Age

4.2.3.     By Occupation

4.3.  Brand Awareness

4.4.  Factors Influencing Purchase Decision

4.5.  Challenges Faced After Purchase

5.    Global Tea Market Outlook

5.1.  Market Size & Forecast

5.1.1.     By Value

5.2.  Market Share & Forecast

5.2.1.     By Product Type Market Share Analysis (Green Tea, Black Tea, Oolong Tea, Herbal Tea, White Tea)

5.2.2.     By Form Market Share Analysis (Powder, Dried Leaves)

5.2.3.     By Packaging Type (Tea Bags, Loose Tea)

5.2.4.     By Distribution Channel Market Share Analysis (Supermarkets/Hypermarkets, Convenience Stores, Departmental Stores, Online Stores, Others (Direct Sales, Distributor & Dealer Sales etc.))

5.2.5.     By Regional Market Share Analysis

5.2.5.1.         Asia -Pacific Market Analysis

5.2.5.2.         North America Market Analysis

5.2.5.3.         Europe Market Analysis

5.2.5.4.         South America Market Analysis

5.2.5.5.         Middle East & Africa Market Analysis

5.2.6.     By Company Market Share Analysis

5.3.  Global Tea Mapping & Opportunity Assessment

5.3.1.     By Product Type Market Mapping & Opportunity Assessment

5.3.2.     By Form Market Mapping & Opportunity Assessment

5.3.3.     By Packaging Type Market Mapping & Opportunity Assessment

5.3.4.     By Distribution Channel Market Mapping & Opportunity Assessment

5.3.5.     By Regional Market Mapping & Opportunity Assessment

6.    North America Tea Market Outlook

6.1.  Market Size & Forecast          

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Product Type Market Share Analysis

6.2.2.     By Form Market Share Analysis

6.2.3.     By Packaging Type Market Share Analysis

6.2.4.     By Distribution Channel Market Share Analysis

6.2.5.     By Country

6.2.5.1.         United States Tea Market Outlook

6.2.5.1.1.             Market Size & Forecast

6.2.5.1.1.1. By Value

6.2.5.1.2.             Market Share & Forecast

6.2.5.1.2.1. By Product Type Market Share Analysis

6.2.5.1.2.2. By Form Market Share Analysis

6.2.5.1.2.3. By Packaging Type Market Share Analysis

6.2.5.1.2.4. By Distribution Channel Market Share Analysis

6.2.5.2.         Canada Tea Market Outlook

6.2.5.2.1.             Market Size & Forecast

6.2.5.2.1.1. By Value

6.2.5.2.2.              Market Share & Forecast

6.2.5.2.2.1. By Product Type Market Share Analysis

6.2.5.2.2.2. By Form Market Share Analysis

6.2.5.2.2.3. By Packaging Type Market Share Analysis

6.2.5.2.2.4. By Distribution Channel Market Share Analysis

6.2.5.3.         Mexico Tea Market Outlook

6.2.5.3.1.             Market Size & Forecast

6.2.5.3.1.1. By Value

6.2.5.3.2.             Market Share & Forecast

6.2.5.3.2.1. By Product Type Market Share Analysis

6.2.5.3.2.2. By Form Market Share Analysis

6.2.5.3.2.3. By Packaging Type Market Share Analysis

6.2.5.3.2.4. By Distribution Channel Market Share Analysis

7.    Europe Tea Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Product Type Market Share Analysis

7.2.2.     By Form Market Share Analysis

7.2.3.     By Packaging Type Market Share Analysis

7.2.4.     By Distribution Channel Market Share Analysis

7.2.5.     By Country

7.2.5.1.         Germany Tea Market Outlook

7.2.5.1.1.             Market Size & Forecast

7.2.5.1.1.1. By Value

7.2.5.1.2.             Market Share & Forecast

7.2.5.1.2.1. By Product Type Market Share Analysis

7.2.5.1.2.2. By Form Market Share Analysis

7.2.5.1.2.3. By Packaging Type Market Share Analysis

7.2.5.1.2.4. By Distribution Channel Market Share Analysis

7.2.5.2.         France Tea Market Outlook

7.2.5.2.1.             Market Size & Forecast

7.2.5.2.1.1. By Value

7.2.5.2.2.             Market Share & Forecast

7.2.5.2.2.1. By Product Type Market Share Analysis

7.2.5.2.2.2. By Form Market Share Analysis

7.2.5.2.2.3. By Packaging Type Market Share Analysis

7.2.5.2.2.4. By Distribution Channel Market Share Analysis

7.2.5.3.         United Kingdom Tea Market Outlook

7.2.5.3.1.             Market Size & Forecast

7.2.5.3.1.1. By Value

7.2.5.3.2.             Market Share & Forecast

7.2.5.3.2.1. By Product Type Market Share Analysis

7.2.5.3.2.2. By Form Market Share Analysis

7.2.5.3.2.3. By Packaging Type Market Share Analysis

7.2.5.3.2.4. By Distribution Channel Market Share Analysis

7.2.5.4.         Italy Tea Market Outlook

7.2.5.4.1.             Market Size & Forecast

7.2.5.4.1.1. By Value

7.2.5.4.2.             Market Share & Forecast

7.2.5.4.2.1. By Product Type Market Share Analysis

7.2.5.4.2.2. By Form Market Share Analysis

7.2.5.4.2.3. By Packaging Type Market Share Analysis

7.2.5.4.2.4. By Distribution Channel Market Share Analysis

7.2.5.5.         Spain Tea Market Outlook

7.2.5.5.1.             Market Size & Forecast

7.2.5.5.1.1. By Value

7.2.5.5.2.             Market Share & Forecast

7.2.5.5.2.1. By Product Type Market Share Analysis

7.2.5.5.2.2. By Form Market Share Analysis

7.2.5.5.2.3. By Packaging Type Market Share Analysis

7.2.5.5.2.4. By Distribution Channel Market Share Analysis

8.    Asia-Pacific Tea Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Product Type Market Share Analysis

8.2.2.     By Form Market Share Analysis

8.2.3.     By Packaging Type Market Share Analysis

8.2.4.     By Distribution Channel Market Share Analysis

8.2.5.     By Country

8.2.5.1.         China Tea Market Outlook

8.2.5.1.1.             Market Size & Forecast

8.2.5.1.1.1. By Value

8.2.5.1.2.             Market Share & Forecast

8.2.5.1.2.1. By Product Type Market Share Analysis

8.2.5.1.2.2. By Form Market Share Analysis

8.2.5.1.2.3. By Packaging Type Market Share Analysis

8.2.5.1.2.4. By Distribution Channel Market Share Analysis

8.2.5.2.         India Tea Market Outlook

8.2.5.2.1.             Market Size & Forecast

8.2.5.2.1.1. By Value

8.2.5.2.2.             Market Share & Forecast

8.2.5.2.2.1. By Product Type Market Share Analysis

8.2.5.2.2.2. By Form Market Share Analysis

8.2.5.2.2.3. By Packaging Type Market Share Analysis

8.2.5.2.2.4. By Distribution Channel Market Share Analysis

8.2.5.3.         Japan Tea Market Outlook

8.2.5.3.1.             Market Size & Forecast

8.2.5.3.1.1. By Value

8.2.5.3.2.             Market Share & Forecast

8.2.5.3.2.1. By Product Type Market Share Analysis

8.2.5.3.2.2. By Form Market Share Analysis

8.2.5.3.2.3. By Packaging Type Market Share Analysis

8.2.5.3.2.4. By Distribution Channel Market Share Analysis

8.2.5.4.         South Korea Tea Market Outlook

8.2.5.4.1.             Market Size & Forecast

8.2.5.4.1.1. By Value

8.2.5.4.2.             Market Share & Forecast

8.2.5.4.2.1. By Product Type Market Share Analysis

8.2.5.4.2.2. By Form Market Share Analysis

8.2.5.4.2.3. By Packaging Type Market Share Analysis

8.2.5.4.2.4. By Distribution Channel Market Share Analysis

8.2.5.5.         Australia Tea Market Outlook

8.2.5.5.1.             Market Size & Forecast

8.2.5.5.1.1. By Value

8.2.5.5.2.             Market Share & Forecast

8.2.5.5.2.1. By Product Type Market Share Analysis

8.2.5.5.2.2. By Form Market Share Analysis

8.2.5.5.2.3. By Packaging Type Market Share Analysis

8.2.5.5.2.4. By Distribution Channel Market Share Analysis

9.    Middle East & Africa Tea Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Product Type Market Share Analysis

9.2.2.     By Form Market Share Analysis

9.2.3.     By Packaging Type Market Share Analysis

9.2.4.     By Distribution Channel Market Share Analysis

9.2.5.     By Country

9.2.5.1.         Saudi Arabia Tea Market Outlook

9.2.5.1.1.             Market Size & Forecast

9.2.5.1.1.1. By Value

9.2.5.1.2.             Market Share & Forecast

9.2.5.1.2.1. By Product Type Market Share Analysis

9.2.5.1.2.2. By Form Market Share Analysis

9.2.5.1.2.3. By Packaging Type Market Share Analysis

9.2.5.1.2.4. By Distribution Channel Market Share Analysis

9.2.5.2.         UAE Tea Market Outlook

9.2.5.2.1.             Market Size & Forecast

9.2.5.2.1.1. By Value

9.2.5.2.2.             Market Share & Forecast

9.2.5.2.2.1. By Product Type Market Share Analysis

9.2.5.2.2.2. By Form Market Share Analysis

9.2.5.2.2.3. By Packaging Type Market Share Analysis

9.2.5.2.2.4. By Distribution Channel Market Share Analysis

9.2.5.3.         South Africa Tea Market Outlook

9.2.5.3.1.             Market Size & Forecast

9.2.5.3.1.1. By Value

9.2.5.3.2.             Market Share & Forecast

9.2.5.3.2.1. By Product Type Market Share Analysis

9.2.5.3.2.2. By Form Market Share Analysis

9.2.5.3.2.3. By Packaging Type Market Share Analysis

9.2.5.3.2.4. By Distribution Channel Market Share Analysis

9.2.5.4.         Turkey Tea Market Outlook

9.2.5.4.1.             Market Size & Forecast

9.2.5.4.1.1. By Value

9.2.5.4.2.             Market Share & Forecast

9.2.5.4.2.1. By Product Type Market Share Analysis

9.2.5.4.2.2. By Form Market Share Analysis

9.2.5.4.2.3. By Packaging Type Market Share Analysis

9.2.5.4.2.4. By Distribution Channel Market Share Analysis

10.  South America Tea Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value

10.2.              Market Share & Forecast

10.2.1.  By Product Type Market Share Analysis

10.2.2.  By Form Market Share Analysis

10.2.3.  By Packaging Type Market Share Analysis

10.2.4.  By Distribution Channel Market Share Analysis

10.2.5.  By Country

10.2.5.1.      Brazil Tea Market Outlook

10.2.5.1.1.           Market Size & Forecast

10.2.5.1.1.1.               By Value

10.2.5.1.1.2.               By Volume

10.2.5.1.2.           Market Share & Forecast

10.2.5.1.2.1.               By Product Type Market Share Analysis

10.2.5.1.2.2.               By Form Market Share Analysis

10.2.5.1.2.3.               By Packaging Type Market Share Analysis

10.2.5.1.2.4.               By Distribution Channel Market Share Analysis

10.2.5.2.      Colombia Tea Market Outlook

10.2.5.2.1.           Market Size & Forecast

10.2.5.2.1.1.               By Value

10.2.5.2.1.2.               By Volume

10.2.5.2.2.           Market Share & Forecast

10.2.5.2.2.1.               By Product Type Market Share Analysis

10.2.5.2.2.2.               By Form Market Share Analysis

10.2.5.2.2.3.               By Packaging Type Market Share Analysis

10.2.5.2.2.4.               By Distribution Channel Market Share Analysis

10.2.5.3.      Argentina Tea Market Outlook

10.2.5.3.1.           Market Size & Forecast

10.2.5.3.1.1.               By Value

10.2.5.3.2.           Market Share & Forecast

10.2.5.3.2.1.               By Product Type Market Share Analysis

10.2.5.3.2.2.               By Form Market Share Analysis

10.2.5.3.2.3.               By Packaging Type Market Share Analysis

10.2.5.3.2.4.               By Distribution Channel Market Share Analysis

11.  Market Dynamics

11.1.              Drivers

11.1.1.  High Prevalence of Tea Culture

11.1.2.  Consumed Across All Socio-Economic Consumer Groups

11.1.3.  Growing Preference for Herbal and Green Tea

11.2.              Challenges

11.2.1.  Increasing Trend of Coffee Consumption

11.2.2.  Fluctuating Prices of Raw Material

12.  Impact of COVID-19 on Global Travel Insurances Market

12.1.              Impact Assessment Model       

12.1.1.  Key Segments Impacted

12.1.2.  Key Regions Impacted

12.1.3.  Key Countries Impacted

12.1.4.  Key Distribution Channel Impacted

13.  Market Trends & Developments

13.1.              Adoption of Herbal and Green Tea For Reducing Fat  

13.2.              Rise in Celebrity Endorsement

13.3.              Growing Ecommerce Platform Penetration of Packed Tea

13.4.              Product Launches with Flavored Tea

13.5.              Increasing Awareness of Health Benefits of Tea

14.  Porter’s Five Forces Model

14.1.              Competitive Rivalry

14.2.              Bargaining Power of Buyer

14.3.              Bargaining Power of Supplier

14.4.              Threat of New Entrants

14.5.              Threat of Substitutes

15.  SWOT Analysis

15.1.              Strengths

15.2.              Weaknesses

15.3.              Opportunities

15.4.              Threats

16.  Competitive Landscape

16.1.              Competition Outlook

16.2.              Company Profiles

16.2.1.  Ito En, Ltd.

16.2.1.1.      Company Details

16.2.1.2.      Product & Services

16.2.1.3.      Financials (As Per Availability)

16.2.1.4.      Key Market Focus & Geographical Presence

16.2.1.5.      Recent Developments

16.2.1.6.      Key Management Personnel

16.2.2.  Associated British Foods plc (Twinings)

16.2.2.1.      Company Details

16.2.2.2.      Product & Services

16.2.2.3.      Financials (As Per Availability)

16.2.2.4.      Key Market Focus & Geographical Presence

16.2.2.5.      Recent Developments

16.2.2.6.      Key Management Personnel

16.2.3.   The Republic of Tea, Inc.

16.2.3.1.      Company Details

16.2.3.2.      Product & Services

16.2.3.3.      Financials (As Per Availability)

16.2.3.4.      Key Market Focus & Geographical Presence

16.2.3.5.      Recent Developments

16.2.3.6.      Key Management Personnel

16.2.4.  Barry's Tea Limited

16.2.4.1.      Company Details

16.2.4.2.      Product & Services

16.2.4.3.      Financials (As Per Availability)

16.2.4.4.      Key Market Focus & Geographical Presence

16.2.4.5.      Recent Developments

16.2.4.6.      Key Management Personnel

16.2.5.  Hain Celestial Group, Inc.

16.2.5.1.      Company Details

16.2.5.2.      Product & Services

16.2.5.3.      Financials (As Per Availability)

16.2.5.4.      Key Market Focus & Geographical Presence

16.2.5.5.      Recent Developments

16.2.5.6.      Key Management Personnel

16.2.6.  Unilever plc

16.2.6.1.      Company Details

16.2.6.2.      Product & Services

16.2.6.3.      Financials (As Per Availability)

16.2.6.4.      Key Market Focus & Geographical Presence

16.2.6.5.      Recent Developments

16.2.6.6.      Key Management Personnel

16.2.7.  Tata Consumer Products Limited

16.2.7.1.      Company Details

16.2.7.2.      Product & Services

16.2.7.3.      Financials (As Per Availability)

16.2.7.4.      Key Market Focus & Geographical Presence

16.2.7.5.      Recent Developments

16.2.7.6.      Key Management Personnel

16.2.8.  Nestlé S.A.

16.2.8.1.      Company Details

16.2.8.2.      Product & Services

16.2.8.3.      Financials (As Per Availability)

16.2.8.4.      Key Market Focus & Geographical Presence

16.2.8.5.      Recent Developments

16.2.8.6.      Key Management Personnel

16.2.9.  Harney & Sons Tea Corp.

16.2.9.1.      Company Details

16.2.9.2.      Product & Services

16.2.9.3.      Financials (As Per Availability)

16.2.9.4.      Key Market Focus & Geographical Presence

16.2.9.5.      Recent Developments

16.2.9.6.      Key Management Personnel

16.2.10.                Bettys & Taylors of Harrogate Ltd

16.2.10.1.    Company Details

16.2.10.2.    Product & Services

16.2.10.3.    Financials (As Per Availability)

16.2.10.4.    Key Market Focus & Geographical Presence

16.2.10.5.    Recent Developments

16.2.10.6.    Key Management Personnel

17.  Strategic Recommendations/Action Plan

17.1.              Key Focus Areas

17.2.              Target Regions & Countries

17.3.              Target Product Type

17.4.              Target Form

17.5.              Target Packaging Type

17.6.               Target Distribution Channel

18.   About Us & Disclaimer

(Note: The companies list can be customized based on the client requirements.)

Figures and Tables

Frequently asked questions

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Emergence of additional healthy ingredients in tea along with the growth in demand for herbal tea, owing to prevalence of tea culture are the leading factors driving the global tea market during the projected period.

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With a significant portion, Asia Pacific dominated the tea market. This is due to the regular high consumption of tea in countries like China and India, where it is an affordable beverage accepted by customers from all socioeconomic groups.

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Green tea is expected to have the highest share during the projection period. This can be attributed to an increase in health and fitness consciousness, as well as an easy availability at low price.

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Major key players operating in the global tea are Ito En, Ltd., Associated British Foods plc (Twinings), The Republic of Tea, Inc., Barry's Tea Limited, Hain Celestial Group, Inc., Unilever plc, Tata Consumer Products Limited, Nestlé S.A., Harney & Sons Tea Corp., Bettys & Taylors of Harrogate Ltd etc.

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Parvati Sharma

Account Manager BD
Press Release

Tea Market To Be Dominated By Black Tea During the Forecast Period

Feb, 2023

Emergence of additional healthy ingredients in tea along with the growth in demand for herbal tea, owing to prevalence of tea culture are the leading factors driving the global tea market during the