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Tea & Tea Based Beverages Market Anticipated to Achieve US$ 80.32 Billion by 2030

11-07-2024 01:02 PM CET | Food & Beverage

Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD

Tea & Tea Based Beverages Market

Tea & Tea Based Beverages Market

The ๐“๐ž๐š & ๐“๐ž๐š ๐๐š๐ฌ๐ž๐ ๐๐ž๐ฏ๐ž๐ซ๐š๐ ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ was valued US$ 54.48 Bn in 2023 and is expected to reach US$ 80.32 Bn by 2030, at a CAGR of 5.7% during a forecast period.

๐“๐ž๐š & ๐“๐ž๐š ๐๐š๐ฌ๐ž๐ ๐๐ž๐ฏ๐ž๐ซ๐š๐ ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:

The global tea and tea-based beverages market has been experiencing steady growth due to the increasing awareness among consumers about the health benefits of various types of tea. As people shift towards healthier drink options, the demand for green tea, herbal infusions, and other tea-based beverages has risen significantly. The market is driven by innovations in product formulations, such as tea blends infused with herbs, fruits, and other natural ingredients, which appeal to health-conscious consumers.

๐†๐ž๐ญ ๐˜๐จ๐ฎ๐ซ ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐ญ๐ก๐ž ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: https://www.maximizemarketresearch.com/request-sample/29479/

๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐“๐ž๐š & ๐“๐ž๐š ๐๐š๐ฌ๐ž๐ ๐๐ž๐ฏ๐ž๐ซ๐š๐ ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ:

The growing consumer focus on health and wellness is a key driver for the tea and tea-based beverages market. People are increasingly looking for drinks that offer natural health benefits, such as antioxidants, anti-inflammatory properties, and weight management support. Green tea, black tea, and herbal infusions are particularly favored for their health-promoting qualities. Another driving factor is the rising popularity of organic and natural ingredients in food and beverages, which has led to the introduction of premium tea blends.

๐“๐ž๐š & ๐“๐ž๐š ๐๐š๐ฌ๐ž๐ ๐๐ž๐ฏ๐ž๐ซ๐š๐ ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ:

In recent years, there has been a noticeable shift in consumer preferences towards more diverse and unique tea flavors. This trend has given rise to an expanding range of tea-based beverages, including specialty teas and functional beverages infused with ingredients like honey, cinnamon, ginger, and lemon. Flavored teas, especially those with a health or wellness angle, are becoming more popular, with consumers seeking refreshing, low-calorie, and sugar-free alternatives. The demand for ready-to-drink (RTD) tea beverages is also on the rise, driven by the need for convenience and quick, on-the-go options.

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐“๐จ๐๐š๐ฒ ๐Ÿ๐จ๐ซ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ: https://www.maximizemarketresearch.com/inquiry-before-buying/29479/

๐“๐ž๐š & ๐“๐ž๐š ๐๐š๐ฌ๐ž๐ ๐๐ž๐ฏ๐ž๐ซ๐š๐ ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ:

The growing trend of health-conscious living presents a major opportunity for manufacturers to innovate in the tea and tea-based beverages sector. By developing new blends that cater to specific health needs-such as weight management, improved digestion, or enhanced energy levels-companies can appeal to a broader consumer base. The expanding demand for functional beverages that combine tea with vitamins, minerals, or superfoods offers significant growth potential. Additionally, the rising interest in plant-based and organic products opens avenues for new market entrants.

๐–๐ก๐š๐ญ ๐ข๐ฌ ๐“๐ž๐š & ๐“๐ž๐š ๐๐š๐ฌ๐ž๐ ๐๐ž๐ฏ๐ž๐ซ๐š๐ ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ?

Regionally, North America has emerged as one of the fastest-growing markets for tea and tea-based beverages, driven by the increasing consumer preference for healthier beverage alternatives. Countries like the U.S., Turkey, and Ireland are experiencing a steady rise in per capita tea consumption, with tea becoming a popular option in place of sugary drinks. In Asia, particularly in India and China, tea consumption remains extremely high due to the beverage's cultural significance and health benefits. As these regions continue to grow economically, the demand for premium and functional tea products is expected to rise.

๐‚๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ? ๐†๐ซ๐š๐› ๐˜๐จ๐ฎ๐ซ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐“๐จ๐๐š๐ฒ: https://www.maximizemarketresearch.com/request-sample/29479/

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐“๐ž๐š & ๐“๐ž๐š ๐๐š๐ฌ๐ž๐ ๐๐ž๐ฏ๐ž๐ซ๐š๐ ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ:

by Packaging

Plastic Containers
Cartons
Aluminum Tins

by Type

Green Tea
Black Tea
Oolong Tea
Fruit/Herbal Tea
Tea Blends
Others

by Sales Channel

Store-Based Retailing
Online Retailing
Cafes

by Nature

Organic
Conventional

by Format

Ready to Drink
Loose Tea Powder
Tea Bags

๐–๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ž ๐ฅ๐š๐ซ๐ ๐ž๐ฌ๐ญ ๐ฆ๐š๐ง๐ฎ๐Ÿ๐š๐œ๐ญ๐ฎ๐ซ๐ž๐ซ๐ฌ ๐จ๐Ÿ ๐“๐ž๐š & ๐“๐ž๐š ๐๐š๐ฌ๐ž๐ ๐๐ž๐ฏ๐ž๐ซ๐š๐ ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐ž?

1. Tata Global Beverages
2. Starbucks Corporation
3. Unilever Group
4. The Hain Celestial Group Inc.
5. Associated British Foods Plc.
6. Organic India Private Limited
7. The Republic of Tea
8. Townshend's Tea Company
9. Twining and Company Limited
10.Arbor Teas
11.The Stash Tea Company
12.Ceylon Organics Limited
13.Alkaloid AD Skopje
14.AMORE Pacific Corp.
15.Numi Inc. P.B.C.
16.Nestle S.A.
17.Wahaha
18.Uni-President

๐Š๐ง๐จ๐ฐ ๐Œ๐จ๐ซ๐ž ๐€๐›๐จ๐ฎ๐ญ ๐“๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.maximizemarketresearch.com/market-report/global-tea-tea-based-beverages-market/29479/

๐Š๐ž๐ฒ ๐Ž๐Ÿ๐Ÿ๐ž๐ซ๐ข๐ง๐ ๐ฌ:

Past Market Size and Competitive Landscape
Tea & Tea Based Beverages Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Tea & Tea Based Beverages Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐Œ๐จ๐ซ๐ž: ๐•๐ข๐ฌ๐ข๐ญ ๐Ž๐ฎ๐ซ ๐–๐ž๐›๐ฌ๐ข๐ญ๐ž ๐Ÿ๐จ๐ซ ๐€๐๐๐ข๐ญ๐ข๐จ๐ง๐š๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ:

โ™ฆ Seed Coating Materials Market https://www.maximizemarketresearch.com/market-report/global-seed-coating-materials-market/53144/

โ™ฆ Residential Air Purifiers Market https://www.maximizemarketresearch.com/market-report/global-residential-air-purifiers-market/94075/

โ™ฆ Global GPS Tracking Device Market https://www.maximizemarketresearch.com/market-report/global-gps-tracking-device-market/55483/

โ™ฆ Vegetable Oil Market https://www.maximizemarketresearch.com/market-report/global-vegetable-oil-market/108821/

โ™ฆ Nitrogenous Fertilizers Market https://www.maximizemarketresearch.com/market-report/global-nitrogenous-fertilizers-market/97986/

โ™ฆ Global Humidifier Market https://www.maximizemarketresearch.com/market-report/global-humidifier-market/31813/

โ™ฆ Healthcare Big Data Analytics Market https://www.maximizemarketresearch.com/market-report/healthcare-big-data-analytics-market/185666/

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

MAXIMIZE MARKET RESEARCH PVT. LTD.
โฎ 3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
โœ† +91 9607365656
๐Ÿ–‚ sales@maximizemarketresearch.com
๐ŸŒ www.maximizemarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.

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