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The tea market is forecasted to grow by USD 19.34 bn during 2023-2028, accelerating at a CAGR of 5.6% during the forecast period. The report on the tea market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by functional benefits of tea increasing its growth, rapid rise in consumption of green tea, and growing demand for organic tea products.
The tea market is segmented as below:
By Distribution Channel
- Offline
- Online
By Product
- Black tea
- Green tea
- Others
By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
The report on the tea market covers the following areas:
- Tea market sizing
- Tea market forecast
- Tea market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Distribution Channel
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global tea market: ACIL, Akbar Brothers Pvt. Ltd., Apeejay Surrendra Group, Associated British Foods Plc, Barrys Tea, Fukujuen Co. Ltd., Godrej and Boyce Manufacturing Co. Ltd., Harney and Sons Fine Teas, ITO EN Ltd., LIPTON Teas and Infusions, M.M.Ispahani LTD., Mighty Leaf Tea Canada, Nestle SA, Numi Inc., Senchasou.co ltd., Tata Consumer Products Ltd., The Hain Celestial Group Inc., The Republic of Tea Inc., Williamson Magor and Co. Ltd., and Yunnan Dayi Tea Industry Group Co. Ltd..Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is new product launches.'
According to the report, one of the major drivers for this market is the functional benefits of tea increasing its growth.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ACIL
- Akbar Brothers Pvt. Ltd.
- Apeejay Surrendra Group
- Associated British Foods Plc
- Barrys Tea
- Fukujuen Co. Ltd.
- Godrej and Boyce Manufacturing Co. Ltd.
- Harney and Sons Fine Teas
- ITO EN Ltd.
- LIPTON Teas and Infusions
- M.M.Ispahani LTD.
- Mighty Leaf Tea Canada
- Nestle SA
- Numi Inc.
- Senchasou.co ltd.
- Tata Consumer Products Ltd.
- The Hain Celestial Group Inc.
- The Republic of Tea Inc.
- Williamson Magor and Co. Ltd.
- Yunnan Dayi Tea Industry Group Co. Ltd.
