Press release
Herbal Tea Market expected to hit USD 5.12 Bn by 2029 throughout the forecast period
Pune 29 March 2023: The "Herbal Tea Market" was USD 3.48 Bn in 2021 and is expected to grow at a CAGR of 4.94 percent to reach USD 5.12 Bn by 2029 during the forecast period. The Herbal Tea Market report is published by Maximize Market Research available in the market. It has got clients in the Food & Beverages segment in more than 34 countries.Herbal Tea Market Scope and Research Methodology
The Herbal Tea Market report analyses the market through historical growth and provides current trends and penetration of the product in the global market. The Herbal Tea Market report provides detailed data regarding partnerships, mergers and acquisitions by major key manufacturers. The Herbal Tea Market report includes information regarding growth hubs, restraints, opportunities and market share in major geographic regions such as North America, South America, Asia Pacific, the Middle East and Africa and Europe. The bottom-up approach is used to estimate the size of the Herbal Tea Market by value and volume. The Herbal Tea Market report provides analysis through segments and their multiple sub-segments. Primary and secondary research methods were used to collect the Herbal Tea Market data. Collected data has been analysed by tools such as PESTLE and PORTER's five force model.
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Herbal Tea Market Dynamics
Antioxidants and minerals present in Herbal Tea such as manganese, potassium and calcium help to decrease cell damage and minimize the cholesterol level. Increased preference of people towards natural intake of beverages, which includes some health benefits is expected to drive the Herbal Tea Market. Some health consultants suggest that ingredients present in Herbal Tea are very toxic and might cause sickness in the body. This factor is expected to hamper the Growth of the Herbal Tea Market.
Herbal Tea Market Regional Insights
Asia Pacific held the share of 36.47 percent in the Herbal Tea Market in 2021 and is expected to grow at a significant rate during the forecast period from 2023 to 2029. The largest tea production countries in the region such China and India are expected to drive the Asia Pacific Herbal Tea Market.
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Herbal Tea Market Segmentation
By Type:
Cinnamon
Dandelion
Chamomile
Ginger
Turmeric
Blends
Others
By Raw Materials:
Green Tea
Black Tea
Yellow Tea
By Packaging Type:
LooseTtea
Paper Pouches
Tea Bags
Carton Packs
Can Packaging
By Application:
Commercial Consumption
Individual Consumption
Herbal Tea Market Key Players Include:
Nestle
Unilever
Mothers Parkers Tea
Global Herbitech
Typhoo
Coffee Inc.
Green Earth Products Pvt. Ltd
Martin Bauer Group
Tata Global Beverages
Adagio Teas
Buddha's Herbs
Twinings
Lipton
Teavana
Kanuka
Dilmah
Yogi Tea
Yorkshire
Rare Tea
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Table of Content for Global Herbal Tea Market:
Global Herbal Tea Market: Research Methodology
Global Herbal Tea Market: Executive Summary
Market Overview and Definitions
Introduction to Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Herbal Tea Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Herbal Tea Market Segmentation
Global Market, by Type (2021-2029)
Global Market, by Raw Materials (2021-2029)
Global Market, by Packaging Type (2021-2029)
Global Market, by Application (2021-2029)
Regional Herbal Tea Market (2021-2029)
Regional Market, by Type (2021-2029)
Regional Market, by Raw Materials (2021-2029)
Regional Market, by Packaging Type (2021-2029)
Regional Market, by Application (2021-2029)
Regional Market, by Country (2021-2029)
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Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Type, Raw Materials, Packaging Type and Application
Competitive Landscape - Profiles of selected key players by region in strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
Maximize Market Research is leading Food & Beverages and research firm, has also published the following reports:
Craft Tea Market: Changing consumer trends toward Craft Tea to boost the market growth-know more
https://www.maximizemarketresearch.com/market-report/craft-tea-market/164907/
Tea Polyphenols Market - Industry Analysis by Product, Application, by Distribution Channel, Region and Forecast (2022-2029)-know more
https://www.maximizemarketresearch.com/market-report/tea-polyphenols-market/147448/
Tea Infuser Market: Industry Report and Forecast Analysis (2022-2029)-know more
https://www.maximizemarketresearch.com/market-report/tea-infuser-market/127228/
Fruit Tea Market: Global Industry Analysis and Forecast (2022-2029)-know more
https://www.maximizemarketresearch.com/market-report/global-fruit-tea-market/117833/
Bubble Tea Market: Global Industry Analysis and Forecast (2022-2029)-know more
https://www.maximizemarketresearch.com/market-report/global-bubble-tea-market/110228/
Cold Brew Coffee Market - Global Industry Analysis and Forecast (2022-2029)-know more
https://www.maximizemarketresearch.com/market-report/cold-brew-coffee-market/147600/
Coffee Beans Market: Global Industry Analysis and Forecast (2022-2029)-know more
https://www.maximizemarketresearch.com/market-report/global-coffee-beans-market/118497/
Instant Coffee Market - Growth, Trends, COVID-19 Impact and Forecast (2022 to 2029)-know more
https://www.maximizemarketresearch.com/market-report/global-instant-coffee-market/100678/
Contact Maximize Market Research:
3rd Floor, Navale IT Park, Phase 2
Pune Banglore Highway, Narhe,
Pune, Maharashtra 411041, India
sales@maximizemarketresearch.com
+91 96071 95908, +91 9607365656
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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