Tea Processing Equipment Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Tea Processing Equipment Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Growth Factors of Tea Processing Equipment Market

The tea processing equipment market size was valued at USD 2.24 billion in 2022, and the market is now projected to grow from USD 2.31 billion in 2023 to USD 3.11 billion by 2030, exhibiting a CAGR of 4.4% during the forecast period of 2023-2030.

The tea processing equipment market was negatively affected by COVID-19 pandemic around the globe. The means of tea exportation were cut – ocean freight, air freight, and land transport. Besides, owing to cooler temperatures and scarcity of labor, the process of leaf plucking in 60 % of the tea producing nation was affected. For instance, Turkey has a high self-sufficiency level, but it faced a problem regarding the labor supply since many migrant workers were lack. Also, food sustainability, safety, and security have been impacted in equal measure by the outbreak of the pandemic. Thereby, it forces manufacturers to ensure that health standards of the equipment they produce are in check for them to remain relevant in the market. This led to a decline in tea processing equipment market growth.

The governments of various countries have been proactively promoting the processing of tea which has also given a boost to the share of this market. This involve giving out of national and international funds with which to undertake establishment and expansion of tea processing factories as well as supporting the export market value of tea and products. The tea processing sector has all along been going through some changes, reason being innovation is being practiced. This has lead to an increase in the demand of high technology of processing equipment that assist in enhancement of the quality of tea, reduction of the processing time and cost as well as the increase in the overall efficiency. For instance, there is a traditional strategy of preparing tea that involves hand-picking of the leaves followed by boiling and steaming. But this process called for labour and time of which most people of the period did not have in plenty. This has brought about the necessity of equipment’s that would should automate this task. These factors drive the tea processing equipment market share.

Iced tea is surprisingly a well-liked and rejuvenating, more so through the warm climate period and it is taste is growing Worldwide. This has however triggered high demand and manufacturer of machines that are specific for processing tea for production of iced tea. These machines are specific in preparing quality iced tea with adequate flavor and sweetness and comes with the capacity of preparing large amounts of iced tea within a short span of time and little costs. Therefore, the global tea processing equipment market share is expected to expand further and in longer span of time more advanced machines are expected to come in to the market with respect to the exponentially rising demand of the iced tea. tea has been known to have various health implication; it has been used to lower the risk of chronic illnesses like heart disease, cancer, and diabetes. This has blessed the tea market with high quality tea and as a result high quality processing equipment has become a necessity.

Comprehensive Analysis of Tea Processing Equipment Market

The tea processing equipment market and machinery & equipment industry is rising at an exponential rate due to its market segmentation. This market expansion effectively provides a detailed regional assessment considering the dominant supply and demand forces that impact the machinery & equipment industry. These segmentations are methodically segregated By Processing Technique Analysis, By Processing Component Analysis and By Tea Type Analysis. The segmentation by the processing techniques reveals CTC and orthodox tea processing machines. The main difference is the processing done on the leaves where the CBR is more than the EAR. Depending on the processing parts, the market segments are tea sorting equipment, tea powder grinding machines, tea rolling machines, fermenting machines, and tea drying equipment. Three basic categories of tea are; black tea, green tea, and any other kind, which includes oolong, white, and any other flavored tea. Green tea is the least processed or oxidized; black tea is fully processed or oxidized and; oolong tea is partially processed or oxidized and ranges between 10% and 70%. Towards the other part, White tea is a new buds tea that can be slightly fermented or non-fermented or fully fermented but commonly non- fermented.

Asia Pacific has a dominant market share, mainly due to the largest producers of tea – China and India. However, Southeast Asia also enters this market, and the population in this region is growing, so consumption is growing. These factors are explaining the market. Due to a high density of manufacturer bases and an increase in the utilization of technology, this market will experience steady growth soon.

The top players in the market play a crucial role in the machinery & equipment industry assuring industrial prospectus growth and setting market standards. These players include Steelsworth (India), Marshall Fowler Engineers (India), Kawasaki Kiko (Japan), Bharat Engineering Works (India), G.K Tea Industries (India), Mesco Equipment Pvt. Ltd. (India), Quanzhou Deli Agroforestrial Machinery Co., Ltd. (China), T & I Global Ltd. (India), Anxi Yongxing Tea Machinery Co. (China), Workson Industries (India), Nova Hightech Pvt. Ltd. (India), GEM Machinery & Allied Services (India) and Noble Procetech Engineers (India).

In January 2023, A tea processing and packaging plant in Sri Lanka was unveiled by George Steuart Teas. The plant has a processing capacity of 18 Mnkgs of teas yearly.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2019-2030

Base Year 2022

Estimated Year 2023

Forecast Period 2023-2030

Historical Period 2019-2021

Growth Rate CAGR of 4.4% from 2023 to 2030

Unit Value (USD Billion)

Segmentation By Processing Technique, Processing Component, Tea Type, and Region

By Processing Technique CTC Tea Processing Machine

Orthodox Tea Processing Machine

By Processing Component Tea Sorting Equipment

Tea Powder Grinding

Tea Rolling Machine

Fermenting Machine

Tea Drying Equipment

By Tea Type Black Tea

Green Tea

Others (Oolong Tea, Yellow Tea)

By Region North America (By Processing Technique, By Process Component, By Tea Type, By Country)

U.S. (By Tea Type)

Canada (By Tea Type)

Mexico (By Tea Type)

South America (By Processing Technique, By Process Component, By Tea Type, By Country)

Argentina (By Tea Type)

Rest of South America

Asia Pacific (By Processing Technique, By Process Component, By Tea Type, By Country)

China (By Tea Type)

India (By Tea Type)

Sri Lanka (By Tea Type)

Southeast Asia (By Tea Type)

Japan (By Tea Type)

Oceania (By Tea Type)

Rest of Asia Pacific

Europe (By Processing Technique, By Process Component, By Tea Type, By Country)

Germany (By Tea Type)

Poland (By Tea Type)

U.K. (By Tea Type)

Russia (By Tea Type)

Italy (By Tea Type)

Netherlands (By Tea Type)

Austria (By Tea Type)

Rest of Europe

Middle East & Africa (By Processing Technique, By Process Component, By Tea Type, By Country)

Kenya (By Tea Type)

GCC (By Tea Type)

Rest of the Middle East & Africa


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