Global Tea Market 2024
The global tea market is expected to increase by USD 26.6 billion, at a compound annual growth rate (CAGR) of 6.2% from 2024 to 2030, according to the latest edition of the Global Tea Market Report. Growing awareness of the health benefits associated with tea consumption is a significant driver of market growth. Tea is rich in antioxidants and other bioactive compounds that are believed to have various health-promoting properties, including improved metabolism, cardiovascular health, and immune function. As consumers increasingly prioritize health and wellness, the demand for tea as a functional beverage continues to rise.
Evolving consumer preferences, including a shift towards natural and organic products, artisanal blends, and premium varieties, influence the tea market. Consumers are seeking unique and high-quality teas with distinct flavors, aromas, and origins. Additionally, the demand for specialty teas, such as green tea, white tea, and herbal infusions, is growing as consumers explore new taste experiences and cultural traditions.
This comprehensive industry report provides market estimates and forecasts, accompanied by a detailed examination of the product, packaging, distribution channel, and region aspects. It delivers a quantitative analysis of the market, empowering stakeholders to leverage existing market opportunities. Furthermore, the report identifies key segments for potential opportunities and strategies, drawing insights from market trends and the approaches of leading competitors.
The global tea market has been extensively analyzed by categorizing it according to various sub-segments in order to provide accurate forecasts of industry size and assess trends within specific areas.
The global market for tea can be segmented by product: black tea, fruit and herbal tea, green tea, instant tea, others.
Tea market is further segmented by packaging: metal Tins, paper-based containers, plastic bags/pouches, others.
Based on distribution channel, the tea market is segmented into: convenience stores, online stores, small grocery stores, specialty stores, supermarkets and hypermarkets, others.
On the basis of region, the tea market also can be divided into: Asia-Pacific, Europe, North America, Middle East and Africa (MEA), South America.
The report also provides a detailed analysis of several leading tea market vendors that include Ahmad Tea Ltd., Associated British Foods plc, Badawy Group, Bamatea Co., Ltd., Beijing Wuyutai Tea Co., Ltd., Beijing Xiaoguan Cha Company Limited, Beijing Zhang Yiyuan Tea Co., Ltd., Cay Isletmeleri Genel Mudurlugu, China Tea Co., Ltd. (COFCO Corporation), East West Tea Company, LLC, Greenfield Tea Ltd., Guangdong Strong Group Company Ltd., ITO EN Ltd., JDE Peet's N.V., Laurens Spethmann Holding AG & Co. KG, Lipton Teas and Infusions, Mai Kompanya OAO, Nestle S.A., Tapal Tea (Private) Limited, Tata Consumer Products Ltd., Teekanne GmbH & CO. kg, Ten Fu Group, The Coca-Cola Company, Unilever PLC, Yunnan Taetea Tea Industry Group Co., Ltd (TaeTea Group), Zhejiang Xiangpiaopiao Co., Ltd., among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
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Market Segments Covered in Global Tea Industry Analysis:
i.) Product
- Black tea
- Fruit and herbal tea
- Green tea
- Instant tea
- Others
- Metal Tins
- Paper-based containers
- Plastic bags/pouches
- Others
- Convenience stores
- Online stores
- Small grocery stores
- Specialty stores
- Supermarkets and hypermarkets
- Others
- Asia-Pacific
- Europe
- North America
- Middle East and Africa (MEA)
- South America
- PART 1. INTRODUCTION
- 1.1 Description
- 1.2 Objectives of The Study
- 1.3 Market Segment
- 1.4 Years Considered for The Report
- 1.5 Currency
- 1.6 Key Target Audience
- PART 2. RESEARCH METHODOLOGY
- 2.1 Primary Research
- 2.2 Secondary Research
- PART 3. EXECUTIVE SUMMARY
- PART 4. MARKET OVERVIEW
- 4.1 Introduction
- 4.2 Drivers
- 4.3 Restraints
- PART 5. GLOBAL TEA MARKET BY PRODUCT
- 5.1 Black tea
- 5.2 Fruit and herbal tea
- 5.3 Green tea
- 5.4 Instant tea
- 5.5 Others
- PART 6. GLOBAL TEA MARKET BY PACKAGING
- 6.1 Metal Tins
- 6.2 Paper-based containers
- 6.3 Plastic bags/pouches
- 6.4 Others
- PART 7. GLOBAL TEA MARKET BY DISTRIBUTION CHANNEL
- 7.1 Convenience stores
- 7.2 Online stores
- 7.3 Small grocery stores
- 7.4 Specialty stores
- 7.5 Supermarkets and hypermarkets
- 7.6 Others
- PART 8. GLOBAL TEA MARKET BY REGION
- 8.1 Asia-Pacific
- 8.2 Europe
- 8.3 North America
- 8.4 Middle East and Africa (MEA)
- 8.5 South America
- PART 9. COMPANY PROFILES
- 9.1 Ahmad Tea Ltd.
- 9.2 Associated British Foods plc
- 9.3 Badawy Group
- 9.4 Bamatea Co., Ltd.
- 9.5 Beijing Wuyutai Tea Co., Ltd.
- 9.6 Beijing Xiaoguan Cha Company Limited
- 9.7 Beijing Zhang Yiyuan Tea Co., Ltd.
- 9.8 Cay Isletmeleri Genel Mudurlugu
- 9.9 China Tea Co., Ltd. (COFCO Corporation)
- 9.10 East West Tea Company, LLC
- 9.11 Greenfield Tea Ltd.
- 9.12 Guangdong Strong Group Company Ltd.
- 9.13 ITO EN Ltd.
- 9.14 JDE Peet's N.V.
- 9.15 Laurens Spethmann Holding AG & Co. KG
- 9.16 Lipton Teas and Infusions
- 9.17 Mai Kompanya OAO
- 9.18 Nestle S.A.
- 9.19 Tapal Tea (Private) Limited
- 9.20 Tata Consumer Products Ltd.
- 9.21 Teekanne GmbH & CO. kg
- 9.22 Ten Fu Group
- 9.23 The Coca-Cola Company
- 9.24 Unilever PLC
- 9.25 Yunnan Taetea Tea Industry Group Co., Ltd (TaeTea Group)
- 9.26 Zhejiang Xiangpiaopiao Co., Ltd.
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