Global Herbal Tea Market Growth 2023-2029

Global Herbal Tea Market Growth 2023-2029

Herbal tea is made by boiling or steeping herbs, and is an infusion made from a plant other than Camellia sinensis. Flower tisanes such as chamomile, lavender, hibiscus, and rose are usually used for making herbal teas. Even leaf tisane such as mint, lemongrass, French verbena, and lemon balm can be used for making herbal teas. Other tisanes used to blend herbal tea are root tisanes, fruit tisanes, and seed or spice tisanes.

LPI (LP Information)' newest research report, the “Herbal Tea Industry Forecast” looks at past sales and reviews total world Herbal Tea sales in 2022, providing a comprehensive analysis by region and market sector of projected Herbal Tea sales for 2023 through 2029. With Herbal Tea sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Herbal Tea industry.

This Insight Report provides a comprehensive analysis of the global Herbal Tea landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Herbal Tea portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Herbal Tea market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Herbal Tea and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Herbal Tea.

The global Herbal Tea market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

Herbal tea has several health benefits and is available in a variety of flavors such as orange and apple, which are not only delicious but are a perfect alternative to unhealthy sodas. Moreover, herbal tea is rich in antioxidants, minerals, and vitamins. Some of the most popular herbal teas include peppermint tea, chamomile tea, and hibiscus tea. While peppermint tea aids in digestion and has antiviral and antimicrobial properties, chamomile tea has antiplatelet-clumping activity and plays a vital role in reducing the occurrence of blood clots. Also, hibiscus tea lowers the blood pressure and is ideal for pre-hypersensitive and mildly hypersensitive people. The increasing awareness about preventive healthcare and stressful lifestyle is encouraging consumers to opt for products with health benefits like herbal tea.

This report presents a comprehensive overview, market shares, and growth opportunities of Herbal Tea market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Black Tea
Green Tea
Yellow Tea

Segmentation by application
Supermarkets and Hypermarkets
Independent Retailers
Specialist Retailers
Convenience Stores
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Adagio Teas
Associated British Foods
Dilmah Tea
ITO EN
Tata Global Beverages
Unilever

Key Questions Addressed in this Report

What is the 10-year outlook for the global Herbal Tea market?

What factors are driving Herbal Tea market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Herbal Tea market opportunities vary by end market size?

How does Herbal Tea break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.