Global Out-of-Home Tea Market is Anticipated to Reach USD 68.53 Billion at a Robust CAGR of 12.44% Between 2023 to 2030 | Infinium Global Research

Infinium Global Research proudly presents a comprehensive report offering a deep dive into the Global Out-of-Home Tea Market. This exhaustive analysis encompasses both global and regional landscapes, shedding light on segments, drivers, restraints, and macro indicators shaping the out-of-home tea market dynamics.

The Global Out-of-Home Tea Market was valued at USD 27.28 Billion in 2022 and is expected to reach USD 68.53 Billion by 2030 and grow at a CAGR of 12.44% over the forecast period.

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Market Dynamics and Strategic Shifts

Companies within this vibrant market are strategically maneuvering to optimize profits by streamlining manufacturing costs and differentiating their products to gain a competitive edge. Embracing strategies such as partnerships, mergers, and acquisitions, major players are vying to augment their market share. Additionally, niche marketing, branding, and customer-centric approaches are pivotal in maintaining competitiveness in this space. Manufacturers are actively seeking innovative ways to add value to their tea offerings, fostering a spectrum of diversified tea products.

Driving Forces and Growth Trajectories

The burgeoning demand for tea consumption, driven by its health benefits such as antioxidants and lower caffeine content compared to coffee, stands as a chief stimulant for the out-of-home tea market. Rising health consciousness among consumers, coupled with increased disposable income and evolving taste preferences, propels the market's expansion. However, challenges such as escalating raw material costs hinder growth, prompting manufacturers to innovate with new flavors that align with evolving consumer tastes, thus opening new avenues within the out-of-home tea market.

Regional Insights

Geographically, the out-of-home tea market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. The Asia-Pacific region is slated to dominate the global market, fueled by escalating tea consumption in countries like China and India. North America is projected to exhibit the highest CAGR over the forecast period, while Europe is also poised for substantial growth within this market.

Segmentation and Company Profiles

The report segments the market by product type (black tea, herbal tea, green tea, matcha tea, and others), packaging (loose tea, bottled tea, tea bags, canned tea), and end use (quick-service restaurants, hotels, coffee shops, workplaces, and others), providing a comprehensive overview of market dynamics within these segments.

Companies Profiled: The report presents detailed profiles of key market players such as Unilever Group, Tata Global Beverages Ltd, Associated British Foods plc, Celestial Seasonings, Inc., The Republic of Tea, Peet's Coffee & Tea, Kusmi Tea, Starbucks Corporation, Nestlé S.A, The Coca-Cola Company, and other influential entities shaping the out-of-home tea market landscape.

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Table of Content

Chapter 1. Preface

1.1. Report Description

1.2. Research Methods

1.3. Research Approaches

Chapter 2. Executive Summary

2.1. Out of Home Tea Market Highlights

2.2. Out of Home Tea Market Projection

2.3. Out of Home Tea Market Regional Highlights

Chapter 3. Global Out of Home Tea Market Overview

3.1. Introduction

3.2. Market Dynamics

3.2.1. Drivers

3.2.2. Restraints

3.2.3. Opportunities

3.3. Porter's Five Forces Analysis

3.4. IGR-Growth Matrix Analysis

3.4.1. IGR-Growth Matrix Analysis by Product Type

3.4.2. IGR-Growth Matrix Analysis by Packaging

3.4.3. IGR-Growth Matrix Analysis by End Use

3.4.4. IGR-Growth Matrix Analysis by Region

3.5. Value Chain Analysis of Out of Home Tea Market

Chapter 4. Out of Home Tea Market Macro Indicator Analysis

Chapter 5. Global Out of Home Tea Market by Product Type

5.1. Black Tea

5.2. Herbal Tea

5.3. Green Tea

5.4. Matcha Tea

5.5. Other Product Types

Chapter 6. Global Out of Home Tea Market by Packaging

6.1. Loose Tea

6.2. Bottled Tea

6.3. Tea Bags

6.4. Canned Tea

Chapter 7. Global Out of Home Tea Market by End Use

7.1. Quick Service Restaurants

7.2. Hotels

7.3. Restaurants

7.4. Coffee Shop

7.5. Workplaces

7.6. Other End Users

Chapter 8. Global Out of Home Tea Market by Region 2023-2030

8.1. North America

8.1.1. North America Out of Home Tea Market by Product Type

8.1.2. North America Out of Home Tea Market by Packaging

8.1.3. North America Out of Home Tea Market by End Use

8.1.4. North America Out of Home Tea Market by Country

8.2. Europe

8.2.1. Europe Out of Home Tea Market by Product Type

8.2.2. Europe Out of Home Tea Market by Packaging

8.2.3. Europe Out of Home Tea Market by End Use

8.2.4. Europe Out of Home Tea Market by Country

8.3. Asia-Pacific

8.3.1. Asia-Pacific Out of Home Tea Market by Product Type

8.3.2. Asia-Pacific Out of Home Tea Market by Packaging

8.3.3. Asia-Pacific Out of Home Tea Market by End Use

8.3.4. Asia-Pacific Out of Home Tea Market by Country

8.4. RoW

8.4.1. RoW Out of Home Tea Market by Product Type

8.4.2. RoW Out of Home Tea Market by Packaging

8.4.3. RoW Out of Home Tea Market by End Use

8.4.4. RoW Out of Home Tea Market by Sub-region

Chapter 9. Company Profiles and Competitive Landscape

9.1. Competitive Landscape in the Global Out of Home Tea Market

9.2. Companies Profiles

9.2.1. Unilever Group

9.2.2. Tata Global Beverages Ltd

9.2.3. Associated British Foods plc

9.2.4. Celestial Seasonings, Inc.

9.2.5. The Republic of Tea

9.2.6. Peet's Coffee & Tea

9.2.7. Kusmi Tea

9.2.8. Starbucks Corporation

9.2.9. Nestlé S.A

9.2.10. The Coca Cola Company

9.2.11. Other companies

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Reasons to Buy this Report:

=> Comprehensive analysis of global as well as regional markets of out-of-home tea.

=> Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2030.

=> Comprehensive analysis of the companies operating in this market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company.

=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand, and/or diversify.

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