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Tea Market - Forecasts from 2025 to 2030

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    Report

  • 150 Pages
  • January 2025
  • Region: Global
  • Knowledge Sourcing Intelligence LLP
  • ID: 5682038
The global tea market is estimated to grow at a CAGR of 6.34%, from US$79.765 billion in 2025 to US$108.457 billion by 2030.

Tea has emerged as one of the most popular non-alcoholic beverages globally, and it is anticipated to experience significant growth in the coming years, particularly due to the rising tea culture in regions like China and India, where it is believed to have originated over 2000 years ago. In China, tea remains a vital part of society, and currently, there are over 1,000 varieties of tea cultivated in more than 25 countries worldwide. The shift in consumer behavior towards ready-to-consume products, especially iced teas, has contributed to this growth, as these beverages are particularly favored by millennials. Additionally, increasing disposable incomes in developing regions are promoting higher tea consumption, especially in the Asia Pacific, where consistent growth is forecasted. The growing awareness of the health benefits associated with tea consumption is also a significant factor driving market expansion. The diverse range of tea products available - including herbal, green, black, and white teas - appeals to tea enthusiasts and supports market growth. Furthermore, the sustainability movement is gaining traction within the tea industry, enhancing its global market presence. The demand for tea extracts in cosmetics and nutraceuticals is also on the rise. Geographically, the Asia Pacific region is expected to dominate the global tea market due to its strong cultural ties to tea consumption from a young age. However, the rapid global rise of coffee consumption may pose challenges to market growth during this period.

Drivers of the Global Tea Market:

  • Growing Demand for Sustainable Tea: The increasing preference for sustainably produced tea aligns with heightened environmental awareness among consumers. This has led to the adoption of Voluntary Sustainability Standards (VSS) aimed at addressing specific issues within the tea market and fostering growth. These standards provide consumers with sustainable options and focus on practices that enhance climate resilience, reduce pesticide use, improve smallholder profitability, and ensure better working conditions.
  • Positive Impact on Growers: The demand for sustainable tea not only improves conditions for tea growers but also encourages investment in environmentally friendly practices. Initially driven by demand from North America and Europe, sustainable tea production has become essential for accessing lucrative export markets while meeting domestic needs.
  • Rise of Instant Mixed Drinks: The increasing popularity of instant mixed drinks is further propelling growth in the tea market as consumers seek convenient beverage options.
In summary, the global tea market is set for robust growth driven by sustainability trends, health consciousness among consumers, and evolving preferences for diverse tea products.

Reasons for buying this report:

  • Insightful Analysis: Gain detailed market insights covering major as well as emerging geographical regions, focusing on customer segments, government policies and socio-economic factors, consumer preferences, industry verticals, other sub-segments.
  • Competitive Landscape: Understand the strategic maneuvers employed by key players globally to understand possible market penetration with the correct strategy.
  • Market Drivers & Future Trends: Explore the dynamic factors and pivotal market trends and how they will shape up future market developments.
  • Actionable Recommendations: Utilize the insights to exercise strategic decision to uncover new business streams and revenues in a dynamic environment.
  • Caters to a Wide Audience: Beneficial and cost-effective for startups, research institutions, consultants, SMEs, and large enterprises.

What do businesses use our reports for?

Industry and Market Insights, Opportunity Assessment, Product Demand Forecasting, Market Entry Strategy, Geographical Expansion, Capital Investment Decisions, Regulatory Framework & Implications, New Product Development, Competitive Intelligence.

Report Coverage:

  • Historical data & forecasts from 2022 to 2030
  • Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour, and Trend Analysis
  • Competitive Positioning, Strategies, and Market Share Analysis
  • Revenue Growth and Forecast Assessment of segments and regions including countries
  • Company Profiling (Strategies, Products, Financial Information, and Key Developments among others)

The Global Tea Market has been segmented as following:

  • By Type
    • Green Tea
    • Black Tea
    • White Tea
    • Herbal Tea
    • Others
  • By Distribution Channel
    • Online
    • Offline
  • By End-Use Application
    • Residential
    • Commercial
  • By Beverage Type
    • Hot Tea
    • Cold/Iced Tea
  • By Geography
    • North America
      • USA
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • UK
      • Germany
      • France
      • Spain
      • Others
    • Middle East and Africa
      • UAE
      • Israel
      • Saudi Arabia
      • Others
    • Asia Pacific
      • Japan
      • China
      • India
      • Indonesia
      • Thailand
      • Taiwan
      • Others

Table of Contents

1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Market Segmentation
1.5. Currency
1.6. Assumptions
1.7. Base and Forecast Years Timeline
1.8. Key Benefits for the Stakeholders
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Research Process
3. EXECUTIVE SUMMARY
3.1. Key Findings
3.2. Analyst View
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. GLOBAL TEA MARKET BY TYPE
5.1. Introduction
5.2. Green Tea
5.3. Black Tea
5.4. White Tea
5.5. Herbal Tea
5.6. Others
6. GLOBAL TEA MARKET BY DISTRIBUTION CHANNEL
6.1. Introduction
6.2. Online
6.3. Offline
7. GLOBAL TEA MARKET BY END-USE APPLICATION
7.1. Introduction
7.2. Residential
7.3. Commercial
8. GLOBAL TEA MARKET BY BEVERAGE TYPE
8.1. Introduction
8.2. Hot Tea
8.3. Cold/Iced Tea
9. GLOBAL TEA MARKET BY GEOGRAPHY
9.1. Introduction
9.2. North America
9.2.1. By Type
9.2.2. By Distribution Channel
9.2.3. By End-Use Application
9.2.4. By Beverage Application
9.2.5. By Country
9.2.5.1. USA
9.2.5.2. Canada
9.2.5.3. Mexico
9.3. South America
9.3.1. By Type
9.3.2. By Distribution Channel
9.3.3. By End-Use Application
9.3.4. By Beverage Application
9.3.5. By Country
9.3.5.1. Brazil
9.3.5.2. Argentina
9.3.5.3. Others
9.4. Europe
9.4.1. By Type
9.4.2. By Distribution Channel
9.4.3. By End-Use Application
9.4.4. By Beverage Application
9.4.5. By Country
9.4.5.1. UK
9.4.5.2. Germany
9.4.5.3. France
9.4.5.4. Spain
9.4.5.5. Others
9.5. Middle East and Africa
9.5.1. By Type
9.5.2. By Distribution Channel
9.5.3. By End-Use Application
9.5.4. By Beverage Application
9.5.5. By Country
9.5.5.1. UAE
9.5.5.2. Israel
9.5.5.3. Saudi Arabia
9.5.5.4. Others
9.6. Asia Pacific
9.6.1. By Type
9.6.2. By Distribution Channel
9.6.3. By End-Use Application
9.6.4. By Beverage Application
9.6.5. By Country
9.6.5.1. Japan
9.6.5.2. China
9.6.5.3. India
9.6.5.4. Australia
9.6.5.5. Indonesia
9.6.5.6. Thailand
9.6.5.7. Taiwan
9.6.5.8. Others
10. COMPETITIVE ENVIRONMENT AND ANALYSIS
10.1. Major Players and Strategy Analysis
10.2. Market Share Analysis
10.3. Mergers, Acquisitions, Agreements, and Collaborations
10.4. Competitive Dashboard
11. COMPANY PROFILES
11.1. Tata Consumer Products Ltd
11.2. Associated British Foods plc
11.3. Nestlé
11.4. ITO EN, LTD.
11.5. Barry’s Tea
11.6. Dilmah Ceylon Tea Company PLC
11.7. Celestial Seasonings, Inc.
11.8. Harney & Sons Fine Teas
11.9. Full Leaf Tea Company
11.10. Ohio Tea Company

Companies Mentioned

  • Tata Consumer Products Ltd
  • Associated British Foods plc
  • Nestlé
  • ITO EN, LTD.
  • Barry’s Tea
  • Dilmah Ceylon Tea Company PLC
  • Celestial Seasonings, Inc.
  • Harney & Sons Fine Teas
  • Full Leaf Tea Company
  • Ohio Tea Company

Methodology

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