The Global Tea Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 gives an evaluation of the market developments based on historical studies and comprehensive research respectively. The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.
Tea is a hot aromatic and flavored beverage that is prepared by brewing the dried leaves of the tea plant. It is one of most common non- alcoholic beverage available in different types & flavors. It is consumed as hot or cold such as Iced Tea. It consists of antioxidants (polyphenols), phytochemicals and flavonoids which have many health benefits. The most common types of tea are black tea, green tea, herbal tea & ready to drink tea. It has many health & beauty benefits which includes fighting with deadly diseases like cancer, heart diseases and diabetes.
Tea is classified according to the products as black tea, herbal tea, green tea and ready to drink (RTD) tea. It is further classified as tea bags, loose tea and speciality tea. The speciality tea is prepared by adding flavours to the tea such as lemon, cinnamon, ginger, cloves, fennel etc. Black tea was the leading product till 2019 but the Green Tea is growing at a faster rate.
Increased awareness of the health benefits of tea is making a favourable shift in the consumer’s drinking pattern. Innovative and high-end specialty tea flavours introduced by the tea manufacturers will be the key driving factor in the global tea market. However increasing consumer attention to the quality of products, growing brand loyalty and active promotions by manufacturers reflect a shift from unbranded to the branded products. The growing concerns of over consumption of tea is the major challenge to the tea market.
The three segments of the leaf tea market are Black Tea, Green Tea, Herbal Tea and RTD tea. The global tea market is distributed among Europe, Asia Pacific, North America, Latin America Middle East and Africa. The major tea producing as well as exporting countries in global scenario are China, India, Kenya and Sri Lanka. In Latin America, Brazil is the largest producer as well as consumer of Tea. In Middle East, UAE remains the highest consumer of the Tea. The Green Tea and Speciality Tea market is growing by leaps and bounds due to the health benefits. In Africa, Kenya is the largest producer of the tea followed by Uganda and Burundi. In the Asia Pacific tea market, India and China are estimated to grow rapidly over the next five years, whereas the U.K & USA in European & North American Tea market respectively are likely to experience stagnant growth during the same time period. Asia Pacific is the leading producer as well as leading exporter among all the regional markets. India & China occupied the largest share in Asia-Pacific Tea Market.
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The leading tea companies in the world are:
- Ajinomoto General Foods Inc.
- Asahi Group Holdings Ltd.
- Betty & Taylors of Harrogate Ltd.
- Cantarella Bros Pty Ltd.
- Duncans Industries Ltd.
- Eight O’Clock Coffee Co.
- Hain Celestial Group Inc.
- JM Smucker Co.
- Keurig Green Mountain Inc.
- Typhoo Tea Ltd.
SEGMENTATIONS IN REPORT:
Tea By Products:
- Black Tea
- Herbal Tea
- Green Tea
- Ready To Drink (RTD) Tea
Tea By Geography:
- Asia Pacific
- North America
- Latin America
- Middle East And Africa
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The Global Tea Market has been exhibited in detail in the following some chapters –
Chapter 1 Tea Market Preface
Chapter 2 Executive Summary
Chapter 3 Tea Industry Analysis
Chapter 4 Tea Market Value Chain Analysis
Chapter 5 Tea Market Analysis By Products
Chapter 6 Tea Market Analysis By Geography
Chapter 7 Competitive Landscape Of Tea Companies
Chapter 8 Company Profiles Of Tea Industry
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