Tea Market Size, Trends, Value, Analysis, Global Industry Overview, Opportunity and Forecast to 2027

According to IMARC Group's latest report, titled "𝐓𝐞𝐚 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐆𝐥𝐨𝐛𝐚𝐥 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐓𝐫𝐞𝐧𝐝𝐬, 𝐒𝐡𝐚𝐫𝐞, 𝐒𝐢𝐳𝐞, 𝐆𝐫𝐨𝐰𝐭𝐡, 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲 𝐚𝐧𝐝 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝟐𝟎𝟐𝟐-𝟐𝟎𝟐𝟕", the global tea market size reached US$ 22 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 30.3 Billion by 2027, exhibiting a CAGR of 5.6% during 2022-2027.

Tea is a hot drink made by pouring hot or boiling water over cured tea plant leaves. Tea cultivation requires specific soil and climatic conditions, which are abundant in various developing nations, including Kenya, China, India, and Sri Lanka. Besides its refreshing taste, it is also packed with antioxidants and boasts numerous health benefits, such as reducing the risk of heart attack and stroke, promoting weight loss, improving bone health, boosting immunity, and enhancing digestion. Currently, it is available in various variants, including loose tea, tea bags, bottled and canned iced tea, ice tea powders, and milk tea powders, catering to the diverse preferences of consumers worldwide.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐟𝐫𝐞𝐞 𝐬𝐚𝐦𝐩𝐥𝐞 𝐛𝐫𝐨𝐜𝐡𝐮𝐫𝐞: https://www.imarcgroup.com/tea-market/requestsample

𝐍𝐨𝐭𝐞: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.

Global Tea Market Trends:

The global tea market is experiencing a positive growth trend due to the introduction of premium and health-oriented products. In line with this, leading tea manufacturers are incorporating healthy ingredients into their organic tea formulations to target common health conditions, such as diabetes, beauty, obesity, and heart health, which, in turn, is contributing to the market growth. Additionally, the increasing consumer acceptance of the product and its high penetration levels, specifically in Asia and Europe, is providing an impetus to the market growth. Besides this, the rapid expansion of the out-of-home tea market and the rising demand for premium, handpicked teas from different regions are creating a positive outlook for the market.

Global Tea Market 2022-2027 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the tea market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

• Tata Consumer Products Limited
• Unilever
• Associated British Foods Plc.
• Taetea
• Barry's Tea

Key Market Segmentation:

The report has segmented the global tea market on the basis of product type, packaging, distribution channel, application and region.

Breakup by Product Type:

• Green Tea
• Black Tea
• Oolong Tea
• Others

Breakup by Packaging:

• Plastic Containers
• Loose Tea
• Paper Boards
• Aluminium Tin
• Tea Bags
• Others

Breakup by Distribution Channel:

• Supermarkets/Hypermarkets
• Specialty Stores
• Convenience Stores
• Online
• Others

Breakup by Application:

• Residential
• Commercial

Regional Insights:

• China
• India
• Kenya
• Sri Lanka
• Turkey
• Vietnam
• Others

𝐀𝐬𝐤 𝐀𝐧𝐚𝐥𝐲𝐬𝐭 𝐟𝐨𝐫 𝟏𝟎% 𝐟𝐫𝐞𝐞 𝐜𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐞𝐝 𝐫𝐞𝐩𝐨𝐫𝐭: https://www.imarcgroup.com/request?type=report&id=635&flag=C

This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.

Key Highlights of the Report:

• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

𝗔𝗯𝗼𝘂𝘁 𝗨𝘀:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

𝗖𝗼𝗻𝘁𝗮𝗰𝘁 𝗨𝗦:

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This release was published on openPR.