Australia Tea Market Overview, 2028

Australia Tea Market Overview, 2028

The tea market in Australia has been steadily rising due to a variety of factors. The country's multicultural character, with a diversified population that carries with it a diversity of tea-drinking habits, is one of the key factors. This variety has resulted in a growth in demand for many types of tea, ranging from basic black and green teas to exotic herbal infusions. Tea has been an important component of worldwide beverage culture for millennia because of its rich history and unique flavours. Tea is having a renaissance in Australia, a country known for its robust coffee culture, engaging consumer palates, and progressively gaining momentum in the beverage business. Tea is becoming increasingly popular among health-conscious Australians due to its well-documented health advantages. Green tea, in particular, is sought-after for its antioxidant properties and potential health improvements. As the nation embraces a greater focus on well-being, the demand for teas perceived as healthier alternatives to sugary drinks and caffeine-rich beverages is growing. Tea can be grown in a variety of locations in Australia. Far North Queensland's tropical rainforest region has been its natural heartland, and it is where the majority of tea manufacturing in Australia takes place. With the rise of specialised tea shops and cafés, Australians have been introduced to the world of premium and artisanal teas. These facilities provide a carefully chosen range of teas from around the world, allowing customers to experiment with new flavours and smells. Speciality teas such as oolong, white tea, and rare single-origin varietals have developed a following among tea connoisseurs. Local tea production has also increased in Australia, particularly in Queensland and New South Wales. Australian-grown teas have a distinct flavour that is influenced by the country's climate and terroir. This ""homegrown"" feature of tea production has grabbed the interest of ecologically aware consumers who prefer items that are supplied locally.

According to the research report ""Australia Tea Market Overview, 2028,"" published by Bonafide Research, the Australia Tea market is anticipated to grow with more than 7% CAGR from 2023 to 2028. The burgeoning cafe culture in Australia, which is known for its high-quality coffee, is increasingly including tea in its offerings. Many cafes now sell a variety of teas alongside espresso-based beverages, recognising the demand for variety and catering to both tea and coffee enthusiasts. While coffee is still a daily ritual for many Australians, tea usage is increasing. Tea ceremonies and traditional afternoon tea are being reinterpreted in modern contexts, encouraging a sense of ritual and relaxation associated with tea-drinking. Consumers are getting more concerned about environmental issues and ethical sourcing. They seek teas that are produced in a sustainable manner and supplied from reputable vendors. In response to this demand, the Australian tea market is introducing certified organic and ethically sourced choices. Australia's diversified landscapes and moderate temperature are ideal for tea tourism. Tea plantations, tea tastings, and immersive tea experiences are all growing in popularity as tourist attractions. Visitors can study the route from tea leaf to cup while enjoying lovely scenery at these locations. The multiculturalism of Australian society has resulted in the exchange of tea customs. Communities from various backgrounds share their distinct tea habits, introducing new flavours and rituals to the general public. In Australia's tea market, the blending of cultures creates an intriguing and diversified scene. As the Australian tea market expands, there is the possibility for much more growth in the future years. Tea will undoubtedly remain a prominent factor as consumers embrace health-conscious options and careful consumption.

Based on tea type market is segmented into green tea, black tea, oolong tea, herbal tea and white tea. Black tea is expected to lead the market of Australia tea market with significant market share. In Australia, black tea is traditionally one of the most popular forms of tea. A large portion of the populace prefers its rich and robust flavour. Black tea is adaptable and appealing to a wide range of consumers because it may be taken hot or cold and as a base for other tea blends and flavoured teas. Because of its caffeine concentration, black tea is frequently associated with health advantages such as antioxidants, potential cardiovascular benefits, and better alertness. These health perceptions may contribute to its popularity. Australia has a tea-drinking tradition that is often modelled after British tea practices. Black tea, especially when served with milk and sugar, adheres to these traditions and is a soothing option for many customers. Black tea is available in a broad variety of flavours and blends, including English Breakfast, Earl Grey, and Darjeeling. This kind caters to a wide range of taste preferences and may serve a large number of customers. Australia imports a large amount of its tea, and the quality of black tea received from various tea-producing regions throughout the world can have a big role in its market supremacy.

Based on application market is segmented into residential and commercial. Residential application is predicted to lead the market of Australia tea market. Tea drinking in Australia has always been concentrated in the home. Tea is a popular daily beverage in Australia, whether it's black tea, green tea, or herbal infusions. This regular consumption habit might help to increase the significance of the residential application. In Australia, tea culture comprises drinking a cup of tea at home, sometimes with snacks or at afternoon tea events. This cultural factor leads to tea intake in the home. Tea preferences in Australia include black tea, green tea, herbal teas, and specialty blends. Access to a wide range of teas for home consumption can be an appealing feature for residential applications. Based on distribution channel market is divided into supermarkets /hypermarkets, speciality stores, convenience stores and online. Online channel is growing at rapid pace in Australia tea market with significant CAGR during the forecast period. Consumers can gain access to teas that aren't always easily available in their local physical stores through online platforms. This broadens the range of options available to consumers. When compared to conventional locations, online sellers frequently provide a wider selection of tea products. Tea kinds, flavours, blends, and specialty teas are available to consumers, catering to a wide range of tastes and preferences. Tea is frequently marketed as part of the health and wellness movement, with emphasis on the purported health advantages of tea. This is consistent with customer preferences for healthier beverage options.

Considered in this report:
• Geography: Australia
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028

Aspects covered in this report:
• Australia Tea market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Tea Type:
• Green Tea
• Black Tea
• Oolong Tea
• Herbal Tea
• White Tea
• Others

By Application:
• Residential
• Commercial

By Distribution Channel:
• Supermarkets/ Hypermarkets
• Speciality Stores
• Convenience Stores
• Online

The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, and annual reports of companies, analyzing the government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources.

Intended audience:
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Tea industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.