Tea Market, By Type (Black tea, Green tea, Oolong tea, Herbal tea, and Others tea), By Distribution Channel (Hyper Market/ Super Market, Convenience Stores, Retail Stores, and Online Stores), By Region (North America, Latin America, Europe, Asia Pacific,

Tea Market, By Type (Black tea, Green tea, Oolong tea, Herbal tea, and Others tea), By Distribution Channel (Hyper Market/ Super Market, Convenience Stores, Retail Stores, and Online Stores), By Region (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Tea is an aromatic beverage derived from Camellia Sinensis plant. It is one of the most consumed beverage in the world. Black tea and green tea are the most popular tea while herbal tea is gaining popularity. Tea is considered a healthy beverage owing to presence of a number of potent antioxidants, and minerals such as potassium, manganese, magnesium, & calcium. Regular consumption of tea helps reduce cell damage caused due to free radicals as well as lowers cholesterol levels and facilitates healthy weight loss.
Market Dynamics
Tea has been very popular in the emerging market, owing to prevalence of tea culture. Furthermore, rising health consciousness and disposable income has aided the tea market's expansion. Other factors driving the market's growth include the introduction of additional beneficial components in tea by various industry competitors.
The primary restraints for this market are a rise in the trend of coffee consumption and changing raw material prices induced by unexpected weather circumstances. On the contrary, the tea market is expected to grow as demand for herbal tea increases and new flavors and varieties of tea are introduced.
Asia pacific region is anticipated to grow enormously in the market on account of increasing tea culture and rising demand of tea from millennial. The robust economic growth in the country has also created a large consumer base among middle-class groups with a preference for premium tea blends. The consumers are frequently enhancing their purchases from unpackaged tea to packed and bagged specialty varieties. India is expected to grow with the highest CAGR throughout the forecast period, owing to the prevalence of tea culture.
Key features of the study:
This report provides in-depth analysis of tea market, and provides market size (US$ Million & KT) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global tea market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include Starbucks Corporation, Wissotzky Tea, Associated British Foods, Nestle S.A., Akbar Brothers Ltd., Tata Global Beverages, The Republic of Tea, and DAVIDs Tea.
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future products launches, technology upgradation, market expansion, and marketing tactics
The global tea market report caters to various stakeholders in this industry including investors, suppliers, tea manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global tea market
Detailed Segmentation:
Global Tea Market, By Type:
Black Tea
Green Tea
Oolong Tea
Herbal Tea
Others Tea
Global Tea Market, By Distribution Channel:
Hyper Market/ Super Market
Convenience Stores
Retail Stores
Online Stores
Global Tea Market, By Region:
North America
By Type
Black Tea
Green Tea
Oolong Tea
Herbal Tea
Others Tea
By Distribution Channel
Hyper Market/ Super Market
Convenience Stores
Retail Stores
Online Stores
By Country
Canada
U.S.
Europe
By Type
Black Tea
Green Tea
Oolong Tea
Herbal Tea
Others Tea
By Distribution Channel
Hyper Market/ Super Market
Convenience Stores
Retail Stores
Online Stores
By Country
U.K.
France
Germany
Rest of Europe
Asia Pacific
By Type
Black Tea
Green Tea
Oolong Tea
Herbal Tea
Others Tea
By Distribution Channel
Hyper Market/ Super Market
Convenience Stores
Retail Stores
Online Stores
By Country
China
India
ASEAN
Australia
Rest of Asia Pacific
Latin America
By Type
Black Tea
Green Tea
Oolong Tea
Herbal Tea
Others Tea
By Distribution Channel
Hyper Market/ Super Market
Convenience Stores
Retail Stores
Online Stores
By Country
Brazil
Argentina
Mexico
Rest of Latin America
Middle East & Africa
By Type
Black Tea
Green Tea
Oolong Tea
Herbal Tea
Others Tea
By Distribution Channel
Hyper Market/ Super Market
Convenience Stores
Retail Stores
Online Stores
By Region
Middle East
Africa
Company Profiles
Starbucks Corporation*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Wissotzky Tea
Associated British Foods
Nestle S.A.
Akbar Brothers Ltd.
Tata Global Beverages
The Republic of Tea
DAVIDs Tea
“*” marked represents similar segmentation in other categories in the respective section.