India Tea Market Size To Reach 1.5 Million Tons at a CAGR of 4.5% by 2028

IMARC Group, a leading market research company, has recently released a report titled "India Tea Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028." The study provides a detailed analysis of the industry, including the India tea market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

What Are The Growth Prospects Of The India Tea Industry?

According to the report, The India tea market size reached 1.2 Million Tons in 2022. Looking forward, IMARC Group expects the market to reach 1.5 Million Tons by 2028, exhibiting a growth rate (CAGR) of 4.5% during 2023-2028.

What is India Tea?

Tea represents an aromatic beverage that is prepared by infusing the dried and crushed leaves of the Camellia sinensis plant in boiling water. Some of the widely available product variants include black, white, herbal, green, and oolong tea. In line with this, tea is a rich source of caffeine, antioxidants, polyphenols, and minerals, such as manganese, potassium, magnesium, calcium, etc. Regular consumption of tea can reduce cholesterol levels in the blood, assist in minimizing the damage caused by free radicals in the body, facilitate healthy weight management, etc. It is commonly stored and distributed in paper packaging, plastic containers, bags, aluminum tin boxes, etc.

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What are the growth prospects and trends in the india tea industry?

The escalating demand for cost-effective and healthy beverages and the food and beverage (F&B) industry are primarily driving the India tea market. Additionally, the growing number of online retail channels and the inflating expenditure capacities of individuals are further catalyzing the market growth. Besides this, the increasing consumer awareness towards premium and packaged tea brands is acting as another significant growth-inducing factor. Moreover, leading manufacturers are utilizing multi-layered packaging to store and distribute tea, minimize the instances of adulteration, and maintain the freshness and fragrance of the tea leaves, which is augmenting the market growth across the country. Apart from this, the rising popularity of organic and green tea that help in treating health conditions, including diabetes and obesity, is also stimulating the market growth. Furthermore, the introduction of novel fruit, herbal, and other specialty product variants that reduce anxiety and minimize the risks of developing chronic medical ailments is anticipated to fuel the India tea market over the forecasted period.

What is included in market segmentation?

The report has segmented the market into the following categories:

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:

North India
West and Central India
South India
East India

Who are the key players operating in the industry?

The report covers the major market players including:

Amar Tea Pvt. Ltd.
Duncans Industries Ltd.
Hindustan Unilever Limited
Organic India Private Limited
Pataka Group of Companies
Tata Consumer Products (Tata Sons Private Limited)
Wagh Bakri Tea Group.

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