Global Tea Market Report 2020, Industry Trends, Share, Size, Demand and Future Scope

According to the IMARC Group, the global tea market reached a volume of 6.4 Million Tons in 2019. Looking forward, the market is expected to continue its moderate growth during the next five years., according to a new report by IMARC Group. Tea is a widely consumed beverage and is prepared using the leaves and buds of the Camellia sinensis plant. It is available in different formats, including loose tea, teabags, bottled and canned ice-tea, ice-tea powders and milk tea powders.

Global Tea Market Trends:

Tea is a rich source of antioxidants and offers numerous health benefits such as reducing the risk of heart attack and stroke, maintaining bone health, boosting immunity and enhancing digestion. These advantages, along with the rising health consciousness among consumers, have shifted the inclination toward the consumption of organic tea.

Moreover, the leading companies are focusing on producing tea using sustainable agricultural practices that do not harm human health and the environment. They are also expanding their product portfolio by launching innovative flavors, such as lemon, mint, orange and pomegranate. Furthermore, the changing tastes and preferences of consumers, the introduction of premium tea products and the increasing marketing and advertising activities are some of the other factors facilitating the market growth.

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Global Tea Market Segmentation:

Market Breakup by Type

Green Tea
Black Tea
Oolong Tea
Others

Market Breakup by Packaging

Plastic Containers
Loose Tea
Paper Boards
Aluminium Tin
Tea Bags
Others

Market Breakup by Distribution Channel

Supermarkets/Hypermarkets
Specialty Stores
Convenience Stores
Online
Others

Market Breakup by Application

Residential
Commercial

Market Breakup by Region

China
India
Kenya
Sri Lanka
Turkey
Vietnam
Others

View Report TOC, Figures and Tables: https://www.imarcgroup.com/tea-market

Some of the leading players operating in the market are:

Tata Global Beverages (NSE: TATACONSUM)
Unilever (NYSE: UN)
Associated British Foods Plc.
Taetea
Barry’s Tea

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This release was published on openPR.