Tea Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, Segmented By Product Type (Green Tea, Black Tea, Oolong Tea, Herbal Tea, White Tea), By Form (Powder and Dried Leaves) By Packaging Type (Tea Bags and Loose Tea), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Departmental Stores, Online Stores, and Others (Direct Sales, Distributor & D
Published on: 2024-10-23 | No of Pages : 320 | Industry : Consumer Goods and Retail
Publisher : MIR | Format : PDF&Excel
Tea Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, Segmented By Product Type (Green Tea, Black Tea, Oolong Tea, Herbal Tea, White Tea), By Form (Powder and Dried Leaves) By Packaging Type (Tea Bags and Loose Tea), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Departmental Stores, Online Stores, and Others (Direct Sales, Distributor & D
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 found at 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.
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.
High Prevalence of Tea Culture
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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
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
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 TypeFormPackaging TypeDistribution ChannelRegion |
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