Press release
Global Tea Concentrate Market by Product Type (Black tea, Green tea, Fruit tea, Others), By Packaging Type (Bulk, Retail), By End User (Food Service, Residential), By Distribution Channel (Online, Offline), and By Geography - Global Forecast to 2026
The global tea concentrate market was valued at US$ 3.2 Billion in 2018 and is expected to reach US$ 4.8 Billion by 2026, growing at a CAGR of 4.9% during the period from 2019 to 2026.Tea concentrate is preferred both in Residentials and the food service industry, but the comparative demand is higher in the food service industry. Tea concentrate is brew which dilutes in a hot and cold liquid such as milk, water, etc. and is ready to serve. With the rise in demand for tea concentrates the number of flavors offered is also rising. The tea concentrates come in different flavors such as ginger, cinnamon, and berries, etc. In the food industry, maximum food joints offer tea as a beverage along with other beverages. It is the most demanded product in the food industry as a complement product with food. In Residential industry Morning and evening tea are the necessary item to start the day. Tea concentrates also come under healthy beverages in the health industry. Herbal and green tea are the most sought after types of tea concentrates. The addition of green tea in daily routine is beneficial for health and skin. Asia Pacific has the largest tea consumption around the globe.
Recent Key Trends and Developments
• In August 2019, Herbalife announced its plan to establish a product innovation center in Shanghai, China. The company has planned to invest 100 Mn RMB, equivalent to US$ 14.3 Mn in the next three years. The new R&D center in China will help the company strengthen its base in the country.
• In February 2019, PepsiCo. launched a new range of iced tea which was made available on both online and offline stores. This new product launch by the company strengthened its product portfolio and made it one of the leading players in the tea segment.
• In June 2018, Unilever received positive opinion on the company’s tea products from the European Food Safety Authority (EFSA). This brought a positive recognition for Unilever in Europe, which has enhanced the brand image of the company in the market.
• February 2018, Herbalife created "China Growth and Impact Investment Fund" that intended to accelerate the growth of its business in China. The Chinese government offered US$ 90 Mn as funds to Herbalife for this initiative.
Report Link
For more details on “Global Tea Concentrate” Market Report:
https://i2iresearch.com/report/tea-concentrate-market-report-global-regional-industry-forecast-2019-2026/
What this report offers
This report covers an in-depth analysis of the tea concentrate market including statistical and qualitative data points with emphasis on the market dynamics including the drivers, opportunities & restraints.
There is a coverage of market dynamics at country level in the respective regional segments. The report comprises competitive analysis with focus on key players and participants of tea concentrate market covering in-depth data related to competitive landscape, positioning, company profiles, key strategies adopted and product-profiling with focus on market growth and potential.
Key Questions answered in the Report:
• What is the size of the overall tea concentrate market and its segments?
• What are the key segments and sub-segments in the market?
• What are the key drivers, restraints, opportunities and challenges of the tea concentrate market and how they are expected to impact the market?
• What are the attractive investment opportunities within the Market?
• What is the tea concentrate market size at the regional and country level?
• Who are the key market players and their key competitors?
• Market value- chain and key trends impacting every node with reference to companies
• What are the strategies for growth adopted by the key players in tea concentrate market?
• How does a particular company rank against its competitors with respect to revenue, profit comparison, operational efficiency, cost competitiveness and market capitalization?
• Financials of key players in tea concentrate market (revenue and profit margin, market capitalization, expenditure analysis, investment analysis)?
• What are the recent trends in tea concentrate market? (M&A, partnerships, new product developments, expansions)
To download the sample of the report
https://i2iresearch.com/report/tea-concentrate-market-report-global-regional-industry-forecast-2019-2026/
Table of Content / Report coverage
1. Introduction
1.1. Market Scope and Segmental Definition
1.2. Assumptions & Limitation
2. Research Methodology
2.1. Research Approach & Data Sources
2.2. Forecasting Model
3. Executive Summary
3.1. Top Line Market Estimation
3.2. Future Outlook
4. Market Forces
4.1. Key Industry Drivers, Restraints and Opportunities
4.2. Industry Trends
5. Market Outlook by Product Type (Current size & future market estimates)
5.1. Black Tea
5.2. Green Tea
5.3. Fruit Tea
5.4. Others
6. Market Outlook by Packaging (Current size & future market estimates)
6.1. Bulk Packaging
6.2. Retail Packaging
6.2.1. Rigid Packaging
6.2.2. Flexible Packaging
6.2.3. Paper Packaging
7. Market Outlook by Flavour Type (Current size & future market estimates)
7.1. Regular
7.2. Flavour
8. Market Outlook by Distribution Channel (Current size & future market estimates)
8.1. Business to Business
8.2. Business to Consumer
8.2.1. Online Channel
8.2.2. Offline Channel
9. Market Outlook by Regions (Current size & future market estimates)
9.1. North America
9.1.1. U.S.
9.1.2. Canada
9.2. Europe
9.2.1. U.K.
9.2.2. Germany
9.2.3. France
9.2.4. Rest of Europe
9.3. Asia Pacific
9.3.1. China
9.3.2. India
9.3.3. Japan
9.3.4. Rest of Asia Pacific
9.4. Latin America
9.4.1. Brazil
9.4.2. Mexico
9.4.3. Rest of Latin America
9.5. Middle East & Africa (MEA)
9.5.1. Saudi Arabia
9.5.2. South Africa
9.5.3. Rest of MEA
10. Competitive Landscape
10.1. Market Players Present in the Market Life Cycle
10.2. Top Players Comparison
10.3. Market Positioning of Key Players, 2018
10.4. Market Players Mapping
10.5. Strategies Adopted by Key Market Players
10.6. Recent Developments in the Market
11. Company Profiles (Overview, Key Stakeholders, Product Portfolio, Financial Overview, Recent Developments, SWOT Analysis, and Analyst view)
11.1. PepsiCo, Inc.
11.2. Herbalife Nutrition Ltd.
11.3. Farmer Bros Co.
11.4. The Coca Cola Company.
11.5. Nestle SA.
11.6. Unilever PLC
11.7. Tata Global Beverages
11.8. Dilmah Ceylon Tea Company
11.9. H&H Products Company
11.10. MONIN, INC.
Enquiries
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