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Functional Tea Market 2023-2027

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    Report

  • 165 Pages
  • May 2023
  • Region: Global
  • TechNavio
  • ID: 5547231
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The functional tea market is forecasted to grow by USD 3348.54 mn during 2022-2027, accelerating at a CAGR of 6.4% during the forecast period. The report on the functional tea market provides a holistic analysis, market size, and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

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 the health benefits of functional tea, growing demand for organic functional tea, and new product launches.

The functional tea market is segmented as below:

By Distribution Channel

  • Offline
  • Online

By Type

  • Herbal tea
  • Fruit tea
  • Flower tea
  • Others

By Geographical Landscape

  • North America
  • APAC
  • Europe
  • South America
  • Middle East and Africa
This study identifies the premiumization of functional tea products as one of the prime reasons driving the functional tea market growth during the next few years. Also, growing preference for online shopping and expansion of organized retailing will lead to sizable demand in the market.

The report on the functional tea market covers the following areas:

  • Functional tea market sizing
  • Functional tea market forecast
  • Functional tea market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading functional tea market vendors that include Arteasans Beverages LLC, Associated British Foods Plc, Barrys Tea, ekaterra, Godrej and Boyce Manufacturing Co. Ltd., Harney and Sons Fine Teas, Herbaty Szlachetne Sp. z o. o, MJF Exports Pvt. Ltd., Numi Inc., ORGANIC INDIA Pvt. Ltd., PHARMADUS BOTANICALS S.L, Tata Sons Pvt. Ltd., The Hain Celestial Group Inc., The Organic Merchants, The Republic of Tea Inc., and Tiesta Tea Co.. Also, the functional tea market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

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
1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Distribution Channel
Exhibit 06: Executive Summary - Chart on Market Segmentation by Type
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
4.1 Global functional tea market 2017 - 2021
Exhibit 18: Historic Market Size - Data Table on global functional tea market 2017 - 2021 ($ million)
4.2 Distribution Channel Segment Analysis 2017 - 2021
Exhibit 19: Historic Market Size - Distribution Channel Segment 2017 - 2021 ($ million)
4.3 Type Segment Analysis 2017 - 2021
Exhibit 20: Historic Market Size - Type Segment 2017 - 2021 ($ million)
4.4 Geography Segment Analysis 2017 - 2021
Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 ($ million)
4.5 Country Segment Analysis 2017 - 2021
Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Distribution Channel
6.1 Market segments
Exhibit 30: Chart on Distribution Channel - Market share 2022-2027 (%)
Exhibit 31: Data Table on Distribution Channel - Market share 2022-2027 (%)
6.2 Comparison by Distribution Channel
Exhibit 32: Chart on Comparison by Distribution Channel
Exhibit 33: Data Table on Comparison by Distribution Channel
6.3 Offline - Market size and forecast 2022-2027
Exhibit 34: Chart on Offline - Market size and forecast 2022-2027 ($ million)
Exhibit 35: Data Table on Offline - Market size and forecast 2022-2027 ($ million)
Exhibit 36: Chart on Offline - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Offline - Year-over-year growth 2022-2027 (%)
6.4 Online - Market size and forecast 2022-2027
Exhibit 38: Chart on Online - Market size and forecast 2022-2027 ($ million)
Exhibit 39: Data Table on Online - Market size and forecast 2022-2027 ($ million)
Exhibit 40: Chart on Online - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Online - Year-over-year growth 2022-2027 (%)
6.5 Market opportunity by Distribution Channel
Exhibit 42: Market opportunity by Distribution Channel ($ million)
Exhibit 43: Data Table on Market opportunity by Distribution Channel ($ million)
7 Market Segmentation by Type
7.1 Market segments
Exhibit 44: Chart on Type - Market share 2022-2027 (%)
Exhibit 45: Data Table on Type - Market share 2022-2027 (%)
7.2 Comparison by Type
Exhibit 46: Chart on Comparison by Type
Exhibit 47: Data Table on Comparison by Type
7.3 Herbal tea - Market size and forecast 2022-2027
Exhibit 48: Chart on Herbal tea - Market size and forecast 2022-2027 ($ million)
Exhibit 49: Data Table on Herbal tea - Market size and forecast 2022-2027 ($ million)
Exhibit 50: Chart on Herbal tea - Year-over-year growth 2022-2027 (%)
Exhibit 51: Data Table on Herbal tea - Year-over-year growth 2022-2027 (%)
7.4 Fruit tea - Market size and forecast 2022-2027
Exhibit 52: Chart on Fruit tea - Market size and forecast 2022-2027 ($ million)
Exhibit 53: Data Table on Fruit tea - Market size and forecast 2022-2027 ($ million)
Exhibit 54: Chart on Fruit tea - Year-over-year growth 2022-2027 (%)
Exhibit 55: Data Table on Fruit tea - Year-over-year growth 2022-2027 (%)
7.5 Flower tea - Market size and forecast 2022-2027
Exhibit 56: Chart on Flower tea - Market size and forecast 2022-2027 ($ million)
Exhibit 57: Data Table on Flower tea - Market size and forecast 2022-2027 ($ million)
Exhibit 58: Chart on Flower tea - Year-over-year growth 2022-2027 (%)
Exhibit 59: Data Table on Flower tea - Year-over-year growth 2022-2027 (%)
7.6 Others - Market size and forecast 2022-2027
Exhibit 60: Chart on Others - Market size and forecast 2022-2027 ($ million)
Exhibit 61: Data Table on Others - Market size and forecast 2022-2027 ($ million)
Exhibit 62: Chart on Others - Year-over-year growth 2022-2027 (%)
Exhibit 63: Data Table on Others - Year-over-year growth 2022-2027 (%)
7.7 Market opportunity by Type
Exhibit 64: Market opportunity by Type ($ million)
Exhibit 65: Data Table on Market opportunity by Type ($ million)
8 Customer Landscape
8.1 Customer landscape overview
Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
9.1 Geographic segmentation
Exhibit 67: Chart on Market share By Geographical Landscape 2022-2027 (%)
Exhibit 68: Data Table on Market share By Geographical Landscape 2022-2027 (%)
9.2 Geographic comparison
Exhibit 69: Chart on Geographic comparison
Exhibit 70: Data Table on Geographic comparison
9.3 North America - Market size and forecast 2022-2027
Exhibit 71: Chart on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 72: Data Table on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 73: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 74: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.4 APAC - Market size and forecast 2022-2027
Exhibit 75: Chart on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 76: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 77: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 78: Data Table on APAC - Year-over-year growth 2022-2027 (%)
9.5 Europe - Market size and forecast 2022-2027
Exhibit 79: Chart on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 80: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 81: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 82: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.6 South America - Market size and forecast 2022-2027
Exhibit 83: Chart on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 84: Data Table on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 85: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 86: Data Table on South America - Year-over-year growth 2022-2027 (%)
9.7 Middle East and Africa - Market size and forecast 2022-2027
Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
9.8 US - Market size and forecast 2022-2027
Exhibit 91: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibit 92: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibit 93: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 94: Data Table on US - Year-over-year growth 2022-2027 (%)
9.9 Germany - Market size and forecast 2022-2027
Exhibit 95: Chart on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 96: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 97: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibit 98: Data Table on Germany - Year-over-year growth 2022-2027 (%)
9.10 Canada - Market size and forecast 2022-2027
Exhibit 99: Chart on Canada - Market size and forecast 2022-2027 ($ million)
Exhibit 100: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
Exhibit 101: Chart on Canada - Year-over-year growth 2022-2027 (%)
Exhibit 102: Data Table on Canada - Year-over-year growth 2022-2027 (%)
9.11 China - Market size and forecast 2022-2027
Exhibit 103: Chart on China - Market size and forecast 2022-2027 ($ million)
Exhibit 104: Data Table on China - Market size and forecast 2022-2027 ($ million)
Exhibit 105: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 106: Data Table on China - Year-over-year growth 2022-2027 (%)
9.12 UK - Market size and forecast 2022-2027
Exhibit 107: Chart on UK - Market size and forecast 2022-2027 ($ million)
Exhibit 108: Data Table on UK - Market size and forecast 2022-2027 ($ million)
Exhibit 109: Chart on UK - Year-over-year growth 2022-2027 (%)
Exhibit 110: Data Table on UK - Year-over-year growth 2022-2027 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 111: Market opportunity By Geographical Landscape ($ million)
Exhibit 112: Data Tables on Market opportunity By Geographical Landscape ($ million)
10 Drivers, Challenges, and Trends
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 113: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends
11 Vendor Landscape
11.1 Overview
11.2 Vendor landscape
Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 115: Overview on factors of disruption
11.4 Industry risks
Exhibit 116: Impact of key risks on business
12 Vendor Analysis
12.1 Vendors covered
Exhibit 117: Vendors covered
12.2 Market positioning of vendors
Exhibit 118: Matrix on vendor position and classification
12.3 Arteasans Beverages LLC
Exhibit 119: Arteasans Beverages LLC - Overview
Exhibit 120: Arteasans Beverages LLC - Product/Service
Exhibit 121: Arteasans Beverages LLC - Key offerings
12.4 Associated British Foods Plc
Exhibit 122: Associated British Foods Plc - Overview
Exhibit 123: Associated British Foods Plc - Business segments
Exhibit 124: Associated British Foods Plc - Key offerings
Exhibit 125: Associated British Foods Plc - Segment focus
12.5 Barrys Tea
Exhibit 126: Barrys Tea - Overview
Exhibit 127: Barrys Tea - Product/Service
Exhibit 128: Barrys Tea - Key offerings
12.6 ekaterra
Exhibit 129: ekaterra - Overview
Exhibit 130: ekaterra - Product/Service
Exhibit 131: ekaterra - Key offerings
12.7 Godrej and Boyce Manufacturing Co. Ltd.
Exhibit 132: Godrej and Boyce Manufacturing Co. Ltd. - Overview
Exhibit 133: Godrej and Boyce Manufacturing Co. Ltd. - Business segments
Exhibit 134: Godrej and Boyce Manufacturing Co. Ltd. - Key offerings
Exhibit 135: Godrej and Boyce Manufacturing Co. Ltd. - Segment focus
12.8 Herbaty Szlachetne Sp. z o. o
Exhibit 136: Herbaty Szlachetne Sp. z o. o - Overview
Exhibit 137: Herbaty Szlachetne Sp. z o. o - Product/Service
Exhibit 138: Herbaty Szlachetne Sp. z o. o - Key offerings
12.9 MJF Exports Pvt. Ltd.
Exhibit 139: MJF Exports Pvt. Ltd. - Overview
Exhibit 140: MJF Exports Pvt. Ltd. - Product/Service
Exhibit 141: MJF Exports Pvt. Ltd. - Key offerings
12.10 Numi Inc.
Exhibit 142: Numi Inc. - Overview
Exhibit 143: Numi Inc. - Product/Service
Exhibit 144: Numi Inc. - Key offerings
12.11 ORGANIC INDIA Pvt. Ltd.
Exhibit 145: ORGANIC INDIA Pvt. Ltd. - Overview
Exhibit 146: ORGANIC INDIA Pvt. Ltd. - Product/Service
Exhibit 147: ORGANIC INDIA Pvt. Ltd. - Key offerings
12.12 PHARMADUS BOTANICALS S.L
Exhibit 148: PHARMADUS BOTANICALS S.L - Overview
Exhibit 149: PHARMADUS BOTANICALS S.L - Product/Service
Exhibit 150: PHARMADUS BOTANICALS S.L - Key offerings
12.13 Tata Sons Pvt. Ltd.
Exhibit 151: Tata Sons Pvt. Ltd. - Overview
Exhibit 152: Tata Sons Pvt. Ltd. - Business segments
Exhibit 153: Tata Sons Pvt. Ltd. - Key offerings
Exhibit 154: Tata Sons Pvt. Ltd. - Segment focus
12.14 The Hain Celestial Group Inc.
Exhibit 155: The Hain Celestial Group Inc. - Overview
Exhibit 156: The Hain Celestial Group Inc. - Business segments
Exhibit 157: The Hain Celestial Group Inc. - Key news
Exhibit 158: The Hain Celestial Group Inc. - Key offerings
Exhibit 159: The Hain Celestial Group Inc. - Segment focus
12.15 The Organic Merchants
Exhibit 160: The Organic Merchants - Overview
Exhibit 161: The Organic Merchants - Product/Service
Exhibit 162: The Organic Merchants - Key offerings
12.16 The Republic of Tea Inc.
Exhibit 163: The Republic of Tea Inc. - Overview
Exhibit 164: The Republic of Tea Inc. - Product/Service
Exhibit 165: The Republic of Tea Inc. - Key offerings
12.17 Tiesta Tea Co.
Exhibit 166: Tiesta Tea Co. - Overview
Exhibit 167: Tiesta Tea Co. - Product/Service
Exhibit 168: Tiesta Tea Co. - Key offerings
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 169: Inclusions checklist
Exhibit 170: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 171: Currency conversion rates for US$
13.4 Research methodology
Exhibit 172: Research methodology
Exhibit 173: Validation techniques employed for market sizing
Exhibit 174: Information sources
13.5 List of abbreviations
Exhibit 175: List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Distribution Channel
Exhibits 6: Executive Summary - Chart on Market Segmentation by Type
Exhibits 7: Executive Summary - Chart on Incremental Growth
Exhibits 8: Executive Summary - Data Table on Incremental Growth
Exhibits 9: Executive Summary - Chart on Vendor Market Positioning
Exhibits 10: Parent market
Exhibits 11: Market Characteristics
Exhibits 12: Offerings of vendors included in the market definition
Exhibits 13: Market segments
Exhibits 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
Exhibits 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
Exhibits 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibits 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
Exhibits 18: Historic Market Size - Data Table on global functional tea market 2017 - 2021 ($ million)
Exhibits 19: Historic Market Size - Distribution Channel Segment 2017 - 2021 ($ million)
Exhibits 20: Historic Market Size - Type Segment 2017 - 2021 ($ million)
Exhibits 21: Historic Market Size - Geography Segment 2017 - 2021 ($ million)
Exhibits 22: Historic Market Size - Country Segment 2017 - 2021 ($ million)
Exhibits 23: Five forces analysis - Comparison between 2022 and 2027
Exhibits 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
Exhibits 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
Exhibits 26: Threat of new entrants - Impact of key factors in 2022 and 2027
Exhibits 27: Threat of substitutes - Impact of key factors in 2022 and 2027
Exhibits 28: Threat of rivalry - Impact of key factors in 2022 and 2027
Exhibits 29: Chart on Market condition - Five forces 2022 and 2027
Exhibits 30: Chart on Distribution Channel - Market share 2022-2027 (%)
Exhibits 31: Data Table on Distribution Channel - Market share 2022-2027 (%)
Exhibits 32: Chart on Comparison by Distribution Channel
Exhibits 33: Data Table on Comparison by Distribution Channel
Exhibits 34: Chart on Offline - Market size and forecast 2022-2027 ($ million)
Exhibits 35: Data Table on Offline - Market size and forecast 2022-2027 ($ million)
Exhibits 36: Chart on Offline - Year-over-year growth 2022-2027 (%)
Exhibits 37: Data Table on Offline - Year-over-year growth 2022-2027 (%)
Exhibits 38: Chart on Online - Market size and forecast 2022-2027 ($ million)
Exhibits 39: Data Table on Online - Market size and forecast 2022-2027 ($ million)
Exhibits 40: Chart on Online - Year-over-year growth 2022-2027 (%)
Exhibits 41: Data Table on Online - Year-over-year growth 2022-2027 (%)
Exhibits 42: Market opportunity by Distribution Channel ($ million)
Exhibits 43: Data Table on Market opportunity by Distribution Channel ($ million)
Exhibits 44: Chart on Type - Market share 2022-2027 (%)
Exhibits 45: Data Table on Type - Market share 2022-2027 (%)
Exhibits 46: Chart on Comparison by Type
Exhibits 47: Data Table on Comparison by Type
Exhibits 48: Chart on Herbal tea - Market size and forecast 2022-2027 ($ million)
Exhibits 49: Data Table on Herbal tea - Market size and forecast 2022-2027 ($ million)
Exhibits 50: Chart on Herbal tea - Year-over-year growth 2022-2027 (%)
Exhibits 51: Data Table on Herbal tea - Year-over-year growth 2022-2027 (%)
Exhibits 52: Chart on Fruit tea - Market size and forecast 2022-2027 ($ million)
Exhibits 53: Data Table on Fruit tea - Market size and forecast 2022-2027 ($ million)
Exhibits 54: Chart on Fruit tea - Year-over-year growth 2022-2027 (%)
Exhibits 55: Data Table on Fruit tea - Year-over-year growth 2022-2027 (%)
Exhibits 56: Chart on Flower tea - Market size and forecast 2022-2027 ($ million)
Exhibits 57: Data Table on Flower tea - Market size and forecast 2022-2027 ($ million)
Exhibits 58: Chart on Flower tea - Year-over-year growth 2022-2027 (%)
Exhibits 59: Data Table on Flower tea - Year-over-year growth 2022-2027 (%)
Exhibits 60: Chart on Others - Market size and forecast 2022-2027 ($ million)
Exhibits 61: Data Table on Others - Market size and forecast 2022-2027 ($ million)
Exhibits 62: Chart on Others - Year-over-year growth 2022-2027 (%)
Exhibits 63: Data Table on Others - Year-over-year growth 2022-2027 (%)
Exhibits 64: Market opportunity by Type ($ million)
Exhibits 65: Data Table on Market opportunity by Type ($ million)
Exhibits 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 67: Chart on Market share By Geographical Landscape 2022-2027 (%)
Exhibits 68: Data Table on Market share By Geographical Landscape 2022-2027 (%)
Exhibits 69: Chart on Geographic comparison
Exhibits 70: Data Table on Geographic comparison
Exhibits 71: Chart on North America - Market size and forecast 2022-2027 ($ million)
Exhibits 72: Data Table on North America - Market size and forecast 2022-2027 ($ million)
Exhibits 73: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibits 74: Data Table on North America - Year-over-year growth 2022-2027 (%)
Exhibits 75: Chart on APAC - Market size and forecast 2022-2027 ($ million)
Exhibits 76: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
Exhibits 77: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibits 78: Data Table on APAC - Year-over-year growth 2022-2027 (%)
Exhibits 79: Chart on Europe - Market size and forecast 2022-2027 ($ million)
Exhibits 80: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
Exhibits 81: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibits 82: Data Table on Europe - Year-over-year growth 2022-2027 (%)
Exhibits 83: Chart on South America - Market size and forecast 2022-2027 ($ million)
Exhibits 84: Data Table on South America - Market size and forecast 2022-2027 ($ million)
Exhibits 85: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibits 86: Data Table on South America - Year-over-year growth 2022-2027 (%)
Exhibits 87: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibits 88: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibits 89: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibits 90: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibits 91: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibits 92: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibits 93: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibits 94: Data Table on US - Year-over-year growth 2022-2027 (%)
Exhibits 95: Chart on Germany - Market size and forecast 2022-2027 ($ million)
Exhibits 96: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
Exhibits 97: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibits 98: Data Table on Germany - Year-over-year growth 2022-2027 (%)
Exhibits 99: Chart on Canada - Market size and forecast 2022-2027 ($ million)
Exhibits 100: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
Exhibits 101: Chart on Canada - Year-over-year growth 2022-2027 (%)
Exhibits 102: Data Table on Canada - Year-over-year growth 2022-2027 (%)
Exhibits 103: Chart on China - Market size and forecast 2022-2027 ($ million)
Exhibits 104: Data Table on China - Market size and forecast 2022-2027 ($ million)
Exhibits 105: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibits 106: Data Table on China - Year-over-year growth 2022-2027 (%)
Exhibits 107: Chart on UK - Market size and forecast 2022-2027 ($ million)
Exhibits 108: Data Table on UK - Market size and forecast 2022-2027 ($ million)
Exhibits 109: Chart on UK - Year-over-year growth 2022-2027 (%)
Exhibits 110: Data Table on UK - Year-over-year growth 2022-2027 (%)
Exhibits 111: Market opportunity By Geographical Landscape ($ million)
Exhibits 112: Data Tables on Market opportunity By Geographical Landscape ($ million)
Exhibits 113: Impact of drivers and challenges in 2022 and 2027
Exhibits 114: Overview on Criticality of inputs and Factors of differentiation
Exhibits 115: Overview on factors of disruption
Exhibits 116: Impact of key risks on business
Exhibits 117: Vendors covered
Exhibits 118: Matrix on vendor position and classification
Exhibits 119: Arteasans Beverages LLC - Overview
Exhibits 120: Arteasans Beverages LLC - Product/Service
Exhibits 121: Arteasans Beverages LLC - Key offerings
Exhibits 122: Associated British Foods Plc - Overview
Exhibits 123: Associated British Foods Plc - Business segments
Exhibits 124: Associated British Foods Plc - Key offerings
Exhibits 125: Associated British Foods Plc - Segment focus
Exhibits 126: Barrys Tea - Overview
Exhibits 127: Barrys Tea - Product/Service
Exhibits 128: Barrys Tea - Key offerings
Exhibits 129: ekaterra - Overview
Exhibits 130: ekaterra - Product/Service
Exhibits 131: ekaterra - Key offerings
Exhibits 132: Godrej and Boyce Manufacturing Co. Ltd. - Overview
Exhibits 133: Godrej and Boyce Manufacturing Co. Ltd. - Business segments
Exhibits 134: Godrej and Boyce Manufacturing Co. Ltd. - Key offerings
Exhibits 135: Godrej and Boyce Manufacturing Co. Ltd. - Segment focus
Exhibits 136: Herbaty Szlachetne Sp. z o. o - Overview
Exhibits 137: Herbaty Szlachetne Sp. z o. o - Product/Service
Exhibits 138: Herbaty Szlachetne Sp. z o. o - Key offerings
Exhibits 139: MJF Exports Pvt. Ltd. - Overview
Exhibits 140: MJF Exports Pvt. Ltd. - Product/Service
Exhibits 141: MJF Exports Pvt. Ltd. - Key offerings
Exhibits 142: Numi Inc. - Overview
Exhibits 143: Numi Inc. - Product/Service
Exhibits 144: Numi Inc. - Key offerings
Exhibits 145: ORGANIC INDIA Pvt. Ltd. - Overview
Exhibits 146: ORGANIC INDIA Pvt. Ltd. - Product/Service
Exhibits 147: ORGANIC INDIA Pvt. Ltd. - Key offerings
Exhibits 148: PHARMADUS BOTANICALS S.L - Overview
Exhibits 149: PHARMADUS BOTANICALS S.L - Product/Service
Exhibits 150: PHARMADUS BOTANICALS S.L - Key offerings
Exhibits 151: Tata Sons Pvt. Ltd. - Overview
Exhibits 152: Tata Sons Pvt. Ltd. - Business segments
Exhibits 153: Tata Sons Pvt. Ltd. - Key offerings
Exhibits 154: Tata Sons Pvt. Ltd. - Segment focus
Exhibits 155: The Hain Celestial Group Inc. - Overview
Exhibits 156: The Hain Celestial Group Inc. - Business segments
Exhibits 157: The Hain Celestial Group Inc. - Key news
Exhibits 158: The Hain Celestial Group Inc. - Key offerings
Exhibits 159: The Hain Celestial Group Inc. - Segment focus
Exhibits 160: The Organic Merchants - Overview
Exhibits 161: The Organic Merchants - Product/Service
Exhibits 162: The Organic Merchants - Key offerings
Exhibits 163: The Republic of Tea Inc. - Overview
Exhibits 164: The Republic of Tea Inc. - Product/Service
Exhibits 165: The Republic of Tea Inc. - Key offerings
Exhibits 166: Tiesta Tea Co. - Overview
Exhibits 167: Tiesta Tea Co. - Product/Service
Exhibits 168: Tiesta Tea Co. - Key offerings
Exhibits 169: Inclusions checklist
Exhibits 170: Exclusions checklist
Exhibits 171: Currency conversion rates for US$
Exhibits 172: Research methodology
Exhibits 173: Validation techniques employed for market sizing
Exhibits 174: Information sources
Exhibits 175: List of abbreviations

Executive Summary

The publisher recognizes the following companies as the key players in the global functional tea market: Arteasans Beverages LLC, Associated British Foods Plc, Barrys Tea, ekaterra, Godrej and Boyce Manufacturing Co. Ltd., Harney and Sons Fine Teas, Herbaty Szlachetne Sp. z o. o, MJF Exports Pvt. Ltd., Numi Inc., ORGANIC INDIA Pvt. Ltd., PHARMADUS BOTANICALS S.L, Tata Sons Pvt. Ltd., The Hain Celestial Group Inc., The Organic Merchants, The Republic of Tea Inc., and Tiesta Tea Co..

Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is premiumization of functional tea products.'

According to the report, one of the major drivers for this market is the health benefits of functional tea.

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:

  • Arteasans Beverages LLC
  • Associated British Foods Plc
  • Barrys Tea
  • ekaterra
  • Godrej and Boyce Manufacturing Co. Ltd.
  • Harney and Sons Fine Teas
  • Herbaty Szlachetne Sp. z o. o
  • MJF Exports Pvt. Ltd.
  • Numi Inc.
  • ORGANIC INDIA Pvt. Ltd.
  • PHARMADUS BOTANICALS S.L
  • Tata Sons Pvt. Ltd.
  • The Hain Celestial Group Inc.
  • The Organic Merchants
  • The Republic of Tea Inc.
  • Tiesta Tea Co.