Press release
Tea market will Predicted to Grow at a 5.0% CAGR(2029)During Forecast Period 2023-2033
Tea is a hot beverage that is created by boiling, decocting, or infusing dried Camellia sinensis plant leaves. The value of the global Tea Market was US$ 13,847.4 billion in 2015, and it is anticipated to increase by 4.0% year over year to US$ 14,448.3 billion by the end of 2016.This global market is anticipated to grow at a CAGR of 5.0% from 2017 to 2024, reaching a value of US$ 21,329.7 Mn. Revenue from the black tea category is anticipated to dominate other type segments in the global tea market, with a CAGR of 5.1%. (2016-2024). Over the projected period, this category is anticipated to maintain its dominance and account for 42.5% of value share.
Request for Free Sample @ https://www.persistencemarketresearch.com/samples/12373
The introduction of new tea flavours like lemon flavour, mint flavour share, chocolate flavour, and others is predicted to have a robust rise in this worldwide market during the forecast period due to the increased popularity of diverse flavours in the tea market and growing consumer base.
The availability of a large variety of flavoured teas on a global scale has led to an expanding consumer base, which is anticipated to drive market expansion over the forecast period.
While a cup of tea has many positive health impacts, excessive tea drinking might have some unfavourable side effects. A cup of tea has 14 to 60 milligrammes of synthetic caffeine, which is less than a cup of coffee, according to study.
Get up to 20% discount on Full Report Purchase @ https://www.persistencemarketresearch.com/checkout/12373
Market Segmentation : Tea market
Key Segments Covered :
Tea market By Type : Black Tea, Green Tea, Oolong Tea, Herbal Tea, Others
Tea market By Distribution Channel : Hyper/Super Market, Convenience Stores, Retail Stores, Online Stores, Others
Key Regions Covered : North America, Europe, Asia Pacific, Middle East & Africa, Latin America
Request For Customization @ https://www.persistencemarketresearch.com/request-customization/12373
Related Reports:
Fortified Sugars Market : https://www.persistencemarketresearch.com/market-research/fortified-sugars-market.asp
Avocados Market : https://www.persistencemarketresearch.com/market-research/avocado-market.asp
Berries Market : https://www.persistencemarketresearch.com/market-research/berries-market.asp
Competitive Dashboard:
The global dairy products market is largely characterized by a huge number of regional companies. An approximate share of 45% to 50% is held by companies with a regional presence. Key manufacturers offer targeted product offerings, especially towards manufacturers operating in the food and beverage industry. Additionally, players are also offering yogurt, milk, for use in bakery & confectionery, meat analogues, RTE foods, convenience foods and others.
Dairygold has invested in advanced, collaborative research and innovation, including with the Dairy Processing Technology Center (DPTC) and Food for Health Ireland (FHI). The company's R&D team has established significant connections with a broad network of external academic institutions and government agencies, along with a customer-centric approach.
In January 2022, Kraft Heinz has successfully acquired Just Spices (based in Germany). Through this acquisition, the company focuses on increasing its business and international growth. Just Spice's creative products expanded the Kraft Heinz portfolio.
Contact Us :
Persistence Market Research
305 Broadway,7th Floor New York City, NY 10007 United States
Call +1-646-568-7751
Call +1 800-961-0353
sales@persistencemarketresearch.com
About Us:
About Food & Beverage Division at Persistence Market Research
The Food & Beverage team at Persistence Market Research provides all the necessary insights and consulting analysis to fulfil the unique business intelligence needs of clients worldwide. With a catalogue of more than 500 reports pertaining to the latest statistics and analysis from the food & beverage industry, the team is happy to help with every business intelligence research and consulting requirement.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Tea market will Predicted to Grow at a 5.0% CAGR(2029)During Forecast Period 2023-2033 here
News-ID: 2897921 • Views: …
More Releases from Persistence Market Research

Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Pers …
➤ Overview of the Market
The global plastic liner market has gained steady traction across multiple industries due to its cost-effectiveness, versatility, and protective characteristics. Plastic liners are widely used in agriculture, mining, construction, waste management, and packaging industries, where they serve as an essential barrier to prevent leakage, contamination, and material loss. These liners are manufactured using materials such as polyethylene (PE), polypropylene (PP), and PVC, offering superior resistance to…

Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by S …
➤ Overview of the Market
The global returnable plastic crate market is gaining momentum as industries seek cost-effective and sustainable packaging solutions. These crates are widely used for transporting and storing perishable goods, beverages, pharmaceuticals, and industrial products due to their durability, stackability, and reusability. The shift from single-use packaging to eco-friendly alternatives has accelerated the adoption of returnable plastic crates across sectors. The market, valued at US$ 1,820.0 million in…

US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Gr …
➤Overview of the Market
The US thermal power market plays a crucial role in the nation's energy mix, serving as a stable and reliable source of electricity despite the rise of renewables. Thermal power plants in the US rely primarily on coal, natural gas, and oil to generate electricity, with natural gas emerging as the dominant fuel source due to its affordability, efficiency, and lower carbon footprint compared to coal. According…

Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Health …
➤Overview of the Market
The Europe medical plastic market is undergoing robust growth, fueled by increasing demand for lightweight, durable, and cost-effective materials in the healthcare sector. Medical plastics are widely used in devices, surgical instruments, diagnostic tools, implants, and packaging due to their high biocompatibility, versatility, and resistance to sterilization methods. With healthcare systems across Europe investing heavily in modernization and patient safety, the adoption of medical-grade plastics has gained…
More Releases for Tea
Scented Tea Market Growing Popularity and Emerging Trends | Numi Tea, Ahmad Tea, …
Latest Study on Industrial Growth of Global Scented Tea Market 2022-2028. A detailed study accumulated to offer Latest insights about acute features of the Scented Tea Market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and…
Green Tea Market is Booming Worldwide | Longrun Tea, Dayi Tea, Yabukita
Green Tea Market - Global Trends, Insights to 2028 is the latest research study released by HTF MI evaluating the market risk side analysis, highlighting opportunities, and leveraging with strategic and tactical decision-making support. The report provides information on market trends and development, growth drivers, technologies, and the changing investment structure of the Green Tea Market - Global Trends, Insights to 2028 Market. Some of the key players profiled in…
Green Tea Market Size | Status | Top Players - Longrun Tea, Dayi Tea Group, Chin …
Green Tea Market describes an in-depth evaluation and Covid19 Outbreak study on the present and future state of the Green Tea market across the globe, including valuable facts and figures. Green Tea Market provides information regarding the emerging opportunities in the market & the market drivers, trends & upcoming technologies that will boost these growth trends. The report provides a comprehensive overview including Definitions, Scope, Application, Production and CAGR (%)…
Black Tea Market to see Huge Growth by 2026: Barrys Tea, Tea Leaves AUST, TWG Te …
The "Black Tea - Market Development Scenario " Study has been added to HTF MI database. The study envisage qualitative as well as quantitative market data and follows Industry benchmark classification and NAICS standards to built strong players coverage for final study. Some of the major and emerging players identified are Barrys Tea, Tea Leaves AUST Pty Ltd, TWG Tea, Basilur Tea, The Republic of Tea, Yogi Tea, ITO EN…
Pu-erh Tea Market, Business Will Grow in 2026, Prominent Players: Zhongcha, Lang …
AMR team is working exclusively on COVID-19 impact on various Pu-erh Tea market. The COVID-19 update is in progress and our research team is doing primary research activity to find out the revised growth curve of across all the industries at country level. Conducting an exclusive study keeping COVID-19 in mind would help client to interpret the economic impact in near-terms of and long term future. AMR research team is…
Organic Tea Market Is Booming Worldwide | Bigelow Green Tea, Dilmah Organic Tea, …
HTF MI recently introduced Global Organic Tea Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are Bigelow Green Tea, Dilmah Organic Tea, EDEN, Coconut Pouchong Tea, Allegro…