Press release
Herbal Tea Market Projected to Garner Significant Revenues by 2024 - 2031 | Unilever PLC, Twining Crosfield and Company Ltd.
Market Overview:Herbal tea, also known as tisane, is prepared from medicinal and aromatic plants other than Camellia sinensis leaves. Major types of herbal teas include peppermint, chamomile, ginger, rooibos, hibiscus, and lemongrass. They are often consumed for perceived health benefits.
Market Dynamics:
The herbal tea market is witnessing high growth owing to increasing health awareness among consumers and perceived health benefits of herbal teas. Herbal teas are considered helpful for weight management, improved digestion, reduced stress and anxiety. Furthermore, the presence of antioxidant and anti-inflammatory properties in certain herbal teas is fueling their demand. Changing consumer preferences towards naturally sourced beverages with lesser caffeine content as compared to conventional teas is also propelling the market growth.
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Driver: Rising Demand for Natural and Organic Beverages Without Artificial Ingredients
The herbal tea market is experiencing rising demand due to increasing consumer preference for natural and organic beverages without artificial ingredients. People are becoming more health conscious and switching to herbal teas for their claimed health benefits. Herbal teas are generally made from various herbs, flowers, fruits or spices and do not contain caffeine. They provide antioxidants and other bioactive compounds without any artificial preservatives or colorings. Furthermore, the outbreak of COVID-19 has increased focus on health and immunity, driving sales of herbal teas promoted for their antioxidant and medicinal properties.
Opportunity: Incorporation into Food and Beverage Products
The herbal tea market has an opportunity to expand by incorporating ingredients into an array of food and beverage products. Herbal infusions are being experimented with breakfast cereals, snack bars, breads etc. to deliver related health attributes to these product categories. Herbal teas are also finding uses as marinades, glazes in several cuisines owing to their antibacterial properties and flavors. Ready-to-drink herbal elixirs and cold-pressed juices containing selected herbs present another growth avenue. Foodservice sectors are recognizing the potential of novel herbal tea-paired recipes and menus. Such diversification allows companies to leverage various consumption trends, foster new usage occasions and promote herbal ingredients to a wider audience.
Trends: Growing Focus on Ethical Sourcing and Traditional Cultivation Practices
An emerging trend in the global herbal tea market is the increasing focus on ethical sourcing and traditional cultivation practices. Consumers are more aware about the origins of ingredients and environmental/ social impact of the products they purchase. Several brands are highlighting traditional grower partnerships, organic certification, fair trade compliance to meet this consumer sensitivity. Many regions like Asia are fostering geographical indication branding for ingredients cultivated using heritage methods. Companies are also supporting small farms and communities through sourcing. This emphasis on sustainability and ethics is an important market trend that nurtures native varieties/ cultures while catering tofeel-good associations sought by today's buyers.
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Top Companies Featured in This Report:
★ Unilever PLC
★ Twining Crosfield and Company Ltd.
★ ITO EN Inc.
★ Dilmah Ceylon Tea Company PLC
★ Mother Parkers Tea & Coffee Inc.
★ Surya Herbal Ltd.
Market Segmentation:
By Product Type:
★ Green Tea
★ Yellow Tea
★ Ginger
★ Lemongrass
★ Peppermint
★ Chamomile
★ Ginseng
★ Cinnamon
★ Convenience stores
★ Hypermarket
★ Supermarket
★ Online stores
★ Others
Key Regions/Countries Classified as Follows:
» North America (U.S., Canada, Mexico)
» Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
» Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
» South America (Brazil, Argentina, Rest of SA)
» Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
Key Insights from the Global Herbal Tea Market Analysis:
Market Size Evaluation: Assessing the value and sales volume of the Herbal Tea market spanning from 2024 to 2031.
Market Trends and Dynamics: Analyzing the drivers, opportunities, challenges, and risks influencing the Herbal Tea market.
Macro-economic and Regional Impacts: Exploring how global inflation and geopolitical events affect the Herbal Tea market.
Segment Analysis: Examining the market value and sales volume of Herbal Tea by type and application from 2024 to 2031.
Regional Market Overview: Assessing the current situations and future prospects of the Herbal Tea market in different regions.
Country-level Studies: Providing insights into revenue and sales volume for major countries within each region.
The report also delves into the competitive landscape, key players, trade patterns, industry value chain, recent news, policies, and regulations. Should you have any inquiries or require customization options, please don't hesitate to contact us.
In summary, whether you're engaged in manufacturing, distribution, or investment within the Herbal Tea sector, this report furnishes invaluable insights into market segments, drivers, challenges, investment prospects, regional dynamics, major players, growth strategies, prevailing trends, and hurdles influencing the industry's expansion.
💎 Request For Customization at: @ https://www.coherentmarketinsights.com/insight/request-customization/1324
Author Bio:
Alice Mutum is a seasoned senior content editor at Coherent Market Insights, leveraging extensive expertise gained from her previous role as a content writer. With seven years in content development, Alice masterfully employs SEO best practices and cutting-edge digital marketing strategies to craft high-ranking, impactful content. As an editor, she meticulously ensures flawless grammar and punctuation, precise data accuracy, and perfect alignment with audience needs in every research report. Alice's dedication to excellence and her strategic approach to content make her an invaluable asset in the world of market insights.
(LinkedIn: https://www.linkedin.com/in/alice-mutum-3b247b137 )
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Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.
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