Global Tea Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Tea Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Tea is an aromatic beverage commonly prepared by pouring hot or boiling water over cured leaves of the Camellia sinensis.

According to our (Global Info Research) latest study, the global Tea market size was valued at US$ 112360 million in 2023 and is forecast to a readjusted size of USD 170970 million by 2030 with a CAGR of 6.2% during review period.

Lipton (Unilever), Tetley (Tata Global Beverages), Twinings (ABF), Taetea Group, Tieguanyin Group, Tazo (Unilever), The Republic of Tea, Yorkshire Tea, Dilmah, Bamatea, Chinatea, etc. are the key suppliers in the global Tea market.



Top 5 only took up 9.42% of the global market in 2018.



China was the largest in this market, which was accounted for a market share of 36% in 2018, and it will enlarge continually in the next few years. Europe and the United States are also important markets.

This report is a detailed and comprehensive analysis for global Tea market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Tea market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030

Global Tea market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030

Global Tea market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030

Global Tea market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Tea

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Tea market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Lipton (Unilever), Tetley (Tata Global Beverages), Twinings (ABF), Taetea Group, Tieguanyin Group, Tazo (Unilever), The Republic of Tea, Yorkshire Tea, Dilmah, Bamatea, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Tea market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Green Tea
Black Tea
Oolong Tea
Dark Tea
Others

Market segment by Application
Retailer
Food Service

Major players covered
Lipton (Unilever)
Tetley (Tata Global Beverages)
Twinings (ABF)
Taetea Group
Tieguanyin Group
Tazo (Unilever)
The Republic of Tea
Yorkshire Tea
Dilmah
Bamatea
Chinatea

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Tea product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Tea, with price, sales quantity, revenue, and global market share of Tea from 2019 to 2024.

Chapter 3, the Tea competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Tea breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Tea market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Tea.

Chapter 14 and 15, to describe Tea sales channel, distributors, customers, research findings and conclusion.