Global Slimming Tea Market - 2022-2029

Global Slimming Tea Market - 2022-2029

Market Overview

Slimming tea is made to help with weight loss and other benefits. It usually contains caffeine and herbs that are supposed to help burn fat. Slimming tea includes various tea’s such as green tea, herbal tea and others. The leaves of tea leaves or flowers for making slimming tea are harvested, steamed, and dried then ground into a fine powder. When that powder is added to hot water and blended with a whisk, it creates a sweet, creamy flavor and texture different from other teas. It also helps improve cardiovascular diseases, protect against cancer, maintains dental health, increases focus and reduces inflammation.

The growth in the number of obesity cases and the number of people suffering from cardiovascular diseases, driving the demand for slimming tea which is adding to the growth of the market. Furthermore, the rise in demand for slimming tea owing to its various health benefits, such as boosting brain function, reducing weight, promoting heart health and protecting liver, among others further influence the market. Thus, owing to these benefits the demand for slimming tea in various industries such as food, beverage, household, and others has increased the demand globally.

The global slimming tea market was valued at USD YY million in 2021. It is forecasted to reach USD YY million by 2029, growing at a CAGR of 6.8% during the forecast period (2022-2029).

Market Dynamics

Rise in awareness about the benefits of slimming tea is driving the growth of the market

Slimming tea is considered as the part of herbal tea that helps in digestion and maintaining the metabolism in the human body. Slimming tea consists of specialty compounds which act as a metabolism booster by burning calories and also act as a fat blocker by releasing body toxins. In addition, slimming tea can also reduce sugar cravings and act as an appetite suppressor, which ultimately lowers the intake of calories. Also slimming tea is capable of detoxifying the body and preventing chronic diseases, such as cancer. Furthermore, Consumers are aware about the fact that slimming tea can improve brain functioning, delays signs of aging, helps to lose weight, detoxifies the body, reduces abdominal fats, and enhances mind wellness as well. In addition to this, the easy availability of a wide range of teas in the market, including herbal tea, black tea, ginger tea, peppermint tea, calendula tea, and hibiscus tea is likely to bode well for the market.

Moreover, the changing diet preferences and the fundamental shift of consumers towards healthy diet patterns and the strong demand for healthy and natural food products to maintain the weight is driving the growth of slimming tea market. Additionally, consumers now-a-days are more concerned about the food products that they are eating and try to have healthy & nutritional food product which can benefit their health as well as provide them with nutrition to avoid any kinds of diseases and health issues such as obesity. For instance, in 2020, according to STiR, drinking two cups of green tea per week lowered the risk of all-cause death by 15%, a 20% lower risk of heart disease, and a 22% lower risk of fatal heart disease and stroke.

Thus, the rise demand and consumption of natural & energy boosting products which includes slimming tea and variety of slimming tea, increases its production which ultimately adds to the growth of the market thereby propelling the propelling market growth in the forecasted period. For instance, in 2021, according to FAO, world green tea production is expected to grow 8.2% annually to hit 2.97 million tons by 2023.

Market Segmentation: Organic segment stands for the highest share in global slimming tea market

In 2021, the organic segment had the highest revenue share of XX percent. The increasing demand for organic and natural slimming tea in various industries such as in food & beverage industry owing to increased awareness about health benefits & nutritional content of slimming tea is driving the growth of organic segment. In addition, the rise in demand for natural food products along with good taste again adds to the growth of the market. Thus, manufacturers are also introducing new products in the market to fulfill consumer demands that ultimately adds to the growth of the the segment. For instance, in January 2022, the Matcha Infused Tea Line by Aiya America is the company's newest line such as Organic Matcha Infused Sencha, Organic Matcha Infused Gyokuro, and Organic Matcha Infused Genmaicha are three superior Japanese green teas launched with a unique and delightful tea taste experience. Thus, the innovative product launches and consumer demand for organic slimming teas is driving the growth of the segment.

Geographical Penetration: North America is the dominating region during the forecast period

In 2021, North America had the highest revenue share of XX percent. The region has well-developed food & beverage industry, where the demand for plant based, healthy and nutritious products is increasing. In addition, The consumers in North America are focusing on maintaining the fitness and regulating the body weight leads to the increasing demand for products, such as slimming tea which propels the growth of the market in the region. For instance, in 2020, according to Tea How, according to the survey done in America, 25.4% respondents said that they prefer green tea which is the second largest drink consumed in America. In addition, consumers in U.S., Canada prefers to eat healthy drinks with good nutritional content which again adds to the growth of the market. Furthermore, slimming tea is used in majority of the household applications as an ingredient. Thus, the increased usage of slimming tea in variety of applications is driving the growth of the market in the region.

Competitive Landscape:

The global slimming tea market is competitive and comprises players such as Sira Impex Pvt. Ltd., Tea Treasure, Swastik Eucalyptus Oil Co., Okuma Nutritionals, Triple Leaf Tea Inc., Himalayan Brew Tea Factory, HERBALGREENLAB, Deemark, Tea Aroma and Imperial Tea Groups among others. The slimming tea market competitiveness is estimated to increase over the forecast period as the key players focus on various strategies such as advertising the benefits of the products such as green tea, white tea, black tea and others and product innovation for various applications. Furthermore, new product launches, collaborations and product innovations with new flavors and forms by the manufacturers is expected to propel market growth.

For instance,

• In February 2022, Nestlé Health Science bought some stakes from Orgain. With this collaboration, the emergence of nutrition products from Nestlé Health Science would complement the company's existing line of products.

COVID-19 Impact

Positive impact on the global match tea market

Slimming tea is a type of green tea which is considered as the healthiest form of tea to be consumed as, it boosts immune system and have anti-inflammatory properties. For instance, in 2020, according to health line, although slimming tea suc as green tea and others cannot cure covid-19, it helps to strengthen immune system and add nutrition to the body. Thus, consumers during covid-19 would prefer green tea which includes to stay healthy and fit, and to boost the immune system, which added to the growth of the market. In addition, many articles, and news said that slimming tea is good for respiratory health as well which may help covid-19 virus stay away from the body. For instance, in April 2020, according to economics times, green tea and black tea are excellent source to promote respiratory health.

The global slimming tea market report would provide an access to approximately 61 market data tables, 56 figures and 172 pages.