Tea Market by Type (Black Tea, Fruit/Herbal Tea, Green Tea), Packaging (Aluminum Tins, Loose Tea, Paperboards), Distribution Channel - Global Forecast 2024-2030

Tea Market by Type (Black Tea, Fruit/Herbal Tea, Green Tea), Packaging (Aluminum Tins, Loose Tea, Paperboards), Distribution Channel - Global Forecast 2024-2030


The Tea Market size was estimated at USD 23.46 billion in 2023 and expected to reach USD 24.81 billion in 2024, at a CAGR 6.18% to reach USD 35.72 billion by 2030.

Global Tea Market

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Tea Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Tea Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Tea Market, highlighting leading vendors and their innovative profiles. These include Akbar Brothers Pvt Ltd, Apeejay Surrendra Group, Associated British Foods plc, BARRY'S TEA, Bettys & Taylors Group Ltd., Caraway Tea Company, Custom Co-Pak, DavidsTea Inc., Fukujuen Co Ltd, Godrej Group, Guangzhou Runming Food Technology Co., Ltd, HAIN CELESTIAL GROUP, INC, Harris Freeman & Co., Inc., ITO EN (North America) Inc., M. M. Ispahani Limited, Marvel Tea, Mcleod Russel India limited by Williamson Magor & Co. Limited, Mighty Leaf Tea Company by Peet's Coffee & Tea, Nestle S.A., Numi Inc, RC Bigelow Inc, SUGIMOTO SEICHA USA INC., Tata Consumer Products Limited, Tazo Tea Company by Hindustan Unilever Limited, The Republic of Tea, Inc, and Tim Hortons Restaurants International GmbH.

Market Segmentation & Coverage

This research report categorizes the Tea Market to forecast the revenues and analyze trends in each of the following sub-markets:

Type
Black Tea
Fruit/Herbal Tea
Green Tea
Oolong Tea
Packaging
Aluminum Tins
Loose Tea
Paperboards
Plastic Containers
Tea Bags
Distribution Channel
Offline
Convenience Stores

Specialty Stores

Supermarkets/ Hypermarkets
Online
Region
Americas
Argentina

Brazil

Canada

Mexico

United States
California

Florida

Illinois

New York

Ohio

Pennsylvania

Texas
Asia-Pacific
Australia

China

India

Indonesia

Japan

Malaysia

Philippines

Singapore

South Korea

Taiwan

Thailand

Vietnam
Europe, Middle East & Africa
Denmark

Egypt

Finland

France

Germany

Israel

Italy

Netherlands

Nigeria

Norway

Poland

Qatar

Russia

Saudi Arabia

South Africa

Spain

Sweden

Switzerland

Turkey

United Arab Emirates

United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Tea Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Tea Market?
3. What are the technology trends and regulatory frameworks in the Tea Market?
4. What is the market share of the leading vendors in the Tea Market?
5. Which modes and strategic moves are suitable for entering the Tea Market?

Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Tea Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Increasing consumption of tea and tea products worldwide
5.1.1.2. Growing popularity of herbal and functional teas
5.1.1.3. Availability of single-use and conventional tea bags
5.1.2. Restraints
5.1.2.1. Fluctuating cost of tea
5.1.3. Opportunities
5.1.3.1. Introduction of innovative and aromatic teas
5.1.3.2. Significant investments and expansion of tea manufacturing facilities
5.1.4. Challenges
5.1.4.1. Adverse effects associated with overconsumption of tea
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Tea Market, by Type
6.1. Introduction
6.2. Black Tea
6.3. Fruit/Herbal Tea
6.4. Green Tea
6.5. Oolong Tea
7. Tea Market, by Packaging
7.1. Introduction
7.2. Aluminum Tins
7.3. Loose Tea
7.4. Paperboards
7.5. Plastic Containers
7.6. Tea Bags
8. Tea Market, by Distribution Channel
8.1. Introduction
8.2. Offline
8.3.1. Convenience Stores
8.3.2. Specialty Stores
8.3.3. Supermarkets/ Hypermarkets
8.3. Online
9. Americas Tea Market
9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States
10. Asia-Pacific Tea Market
10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam
11. Europe, Middle East & Africa Tea Market
11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom
12. Competitive Landscape
12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
13. Competitive Portfolio
13.1. Key Company Profiles
13.1.1. Akbar Brothers Pvt Ltd
13.1.2. Apeejay Surrendra Group
13.1.3. Associated British Foods plc
13.1.4. BARRY'S TEA
13.1.5. Bettys & Taylors Group Ltd.
13.1.6. Caraway Tea Company
13.1.7. Custom Co-Pak
13.1.8. DavidsTea Inc.
13.1.9. Fukujuen Co Ltd
13.1.10. Godrej Group
13.1.11. Guangzhou Runming Food Technology Co., Ltd
13.1.12. HAIN CELESTIAL GROUP, INC
13.1.13. Harris Freeman & Co., Inc.
13.1.14. ITO EN (North America) Inc.
13.1.15. M. M. Ispahani Limited
13.1.16. Marvel Tea
13.1.17. Mcleod Russel India limited by Williamson Magor & Co. Limited
13.1.18. Mighty Leaf Tea Company by Peet's Coffee & Tea
13.1.19. Nestle S.A.
13.1.20. Numi Inc
13.1.21. RC Bigelow Inc
13.1.22. SUGIMOTO SEICHA USA INC.
13.1.23. Tata Consumer Products Limited
13.1.24. Tazo Tea Company by Hindustan Unilever Limited
13.1.25. The Republic of Tea, Inc
13.1.26. Tim Hortons Restaurants International GmbH
13.2. Key Product Portfolio
14. Appendix
14.1. Discussion Guide
14.2. License & Pricing
FIGURE 1. TEA MARKET RESEARCH PROCESS
FIGURE 2. TEA MARKET SIZE, 2023 VS 2030
FIGURE 3. TEA MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. TEA MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. TEA MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. TEA MARKET DYNAMICS
FIGURE 7. TEA MARKET SIZE, BY TYPE, 2023 VS 2030 (%)
FIGURE 8. TEA MARKET SIZE, BY TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. TEA MARKET SIZE, BY PACKAGING, 2023 VS 2030 (%)
FIGURE 10. TEA MARKET SIZE, BY PACKAGING, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. TEA MARKET SIZE, BY DISTRIBUTION CHANNEL, 2023 VS 2030 (%)
FIGURE 12. TEA MARKET SIZE, BY DISTRIBUTION CHANNEL, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. AMERICAS TEA MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 14. AMERICAS TEA MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. UNITED STATES TEA MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 16. UNITED STATES TEA MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. ASIA-PACIFIC TEA MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. ASIA-PACIFIC TEA MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. EUROPE, MIDDLE EAST & AFRICA TEA MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. EUROPE, MIDDLE EAST & AFRICA TEA MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. TEA MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 22. TEA MARKET SHARE, BY KEY PLAYER, 2023

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