China Tea Market Analysis 2023-2028, Industry Size, Share, Trends and Forecast

According to the latest report by IMARC Group, titled "China Tea Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028," the China tea market size reached US$ 49.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 84.5 Billion by 2028, exhibiting a growth rate (CAGR) of 9.1% during 2023-2028.

Tea represents a beverage prepared by steeping young leaves and leaf buds of the camellia Sinensis tea plant in freshly boiled water. It offers a rich source of flavonoids and other bioactive substances that can minimize inflammation and oxidative stress. Tea assists in neutralizing free radicals in the body and boosting overall health. In line with this, it also aids in improving sleep and reducing menstrual pain, muscle spasms, stress, etc. Tea provides various health benefits, such as lowering blood pressure, increasing blood circulation, enhancing good cholesterol, minimizing risks of heart attack and stroke, preventing cancer, etc.

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Market Trends

The growing number of health-conscious consumers is primarily driving the China tea market. Additionally, the escalating demand for herbal tea products, owing to their several health benefits, such as curing constipation, irritable bowel syndrome (IBS), motion sickness, headaches and migraines, etc., is further catalyzing the market growth. Besides this, the wide availability of this beverage via online and offline distribution channels is acting as another significant growth-inducing factor. Moreover, the leading manufacturers are investing in R&D activities to introduce tea-based drinks infused with fruits and cream cheese, which is augmenting the market growth in this country. Apart from this, the inflating popularity of puercheese, colorful bubble, and Hong Kong milk product variants is anticipated to fuel the China tea market over the forecasted period.

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The report has segmented the market on the basis of product type, packaging, distribution channel 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 and Hypermarkets
Specialty Stores
Convenience Stores
Online Stores
Others

Breakup by Application:

Residential
Commercial

Breakup by Region:

Guangdong
Jiangsu
Shandong
Zhejiang
Henan
Others

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This release was published on openPR.