Organic Tea Market at a CAGR 10.5% to Reach $2.4 Billion by 2031 Globally | AMR

The global organic tea market is analyzed on the basis of type, packaging, distribution channel, and region. On the basis of type, the market is divided into green tea, black tea, oolong tea, and others. Among these, the green tea segment occupied the major Organic Tea Market Share in 2021 and is projected to maintain its dominance during the forecast period. Organic green tea contains polyphenols, which can compose as much as 30% of the dry weight and include flavanols, flavonols, flavonoids, and phenolic acids.

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On the basis of distribution channel, it is classified into supermarkets/hypermarkets, convenience stores, and online stores. The convenience stores segment is anticipated to expand at the highest CAGR during the forecast period. Convenience stores are types of retail establishments that offer a moderate selection of food, drinks, and everyday things like tea. In residential areas, there are conveniently located convenience stores that are open for extended hours.

The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and evolving market trends. The market study is a helpful source of information for the frontrunners, new entrants, investors, and shareholders in crafting strategies for the future and heightening their position in the market.

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By type, the green tea segment held more than two-fifths of the global organic tea market revenue in 2021, and is expected to rule the roost by 2031. The oolong tea segment would also manifest the fastest CAGR of 11.3% throughout the forecast period. The black tea segment is also assessed through the study.

One of the most consumed drinks, organic tea is typically produced by boiling or brewing dried Camellia sinensis plant leaves. Black tea, which is popular in western countries and organic green tea, which is popular in Asian nations, are the two main varieties of organic tea. A permanent source of water, enough shelter, free-draining soil with a pH range of 5 to 5.8, strict limits for the number of pesticides put on plantations, and careful site selection are all part of organic tea care and husbandry management. Commercial consumption of organic tea is now rising to close the gap between out-of-home tea and coffee consumption. The two largest producers of tea are China and India, which are also big players on the international market.

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By distribution channel, the convenience stores segment contributed to nearly half of the global organic tea market share in 2021, and is projected to retain its dominance throughout the forecast period. The supermarkets/hypermarkets segment, however, would project the fastest CAGR of 10.8% during the forecast period. The drug enforcement agencies segment is also assessed through the study.

Leading Key Players

The major players analyzed for global organic tea industry are Tata Consumer Products, Unilever, Associated British Foods PLC, Vadham Teas Private Ltd., Celestial Seasonings, Bombay Burmah Trading Corp. Ltd., Stash Tea Company, R.C. Bigelow, Inc., Barrys Tea, Hain Celestial Group, Inc., ITO EN, Ltd., Numi, Inc., Organic Tea, Hlssen & Lyon GmbH, Tazo Tea Company, Newman's Own, Inc., PepsiCo, The Coca-Cola Company, Shangri-La Tea Company, Inc., and Yogi Tea GmbH.

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Based on region, the market across Asia-Pacific generated nearly three-fifths of the global organic tea market revenue in 2021, and is anticipated to retain the lion's share by 2031. North America, on the other hand, would portray the fastest CAGR of 12.5% during the forecast period. The other provinces analyzed through the report include LAMEA and Europe.

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Green Tea Market - https://www.prnewswire.com/news-releases/green-tea-market-to-reach-29-3-bn-globally-by-2030-at-8-04-cagr-allied-market-research-301583591.html

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