Press release
Global Tea Market to Reach 7 Million Tons by 2022
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It contains a particular variety of polyphenols known as catechins which help to fight cancer, tumours and unwanted genetic changes. Drinking tea is also associated with benefits such as strong immune system, controlled blood pressure along with reduced risks of diabetes and dental decay. According to a new report by Expert Market Research, the global tea market reached a volume of 5.6 Million Tons in 2016 and is further expected to reach 7 Million Tons by 2022.
The market growth can be highly accredited to the changing consumer preferences towards healthier beverages. Rising awareness about the myriad health benefits of tea acts as a predominant force driving its popularity. Moreover, the increasing trend of ready-to-drink tea has also influenced its global demand significantly. Introduction of new flavours and convenient packs is another key factor that has helped maintain a constant demand for tea across the world.
Key findings from the report:
The different types of tea Include Black Tea, Green Tea and Others (White Tea/Oolong Tea). In 2016, Black Tea represented the most popular type of tea with a share of more than a half of the total global consumption.
Various formats of tea include loose, simple square chamber, double chamber bags or pyramids.
Region-wise, China dominated the market with a share of more than a fifth of the total global production in 2016. Some of the other markets include India, Kenya, Sri Lanka, Turkey, Vietnam and Others.
Some of the key players operating in the market are Unilever, Tata Tea, Twinings, McLeod Russel and James Finlay. These players are actively experimenting with different flavour profiles such as chocolate, pomegranate, acai and turmeric to tea sachets.
Acess full report @ http://www.expertmarketresearch.com/reports/tea-market
Expert Market Research has analysed the global tea market according to type, tea formats, major regions and top players:
Market breakup by Type
Black Tea
Green Tea
Others (White Tea/Oolong Tea)
Market by Tea Formats
Loose tea
Square chamber
Double- chamber tagged
Pyramid
Market breakup by Region
China
India
Kenya
Sri Lanka
Turkey
Vietnam
Others
Top players
Unilever
Tata Tea
Twinings
McLeod Russel
James Finlay
Browse more reports related to food & beverage industry @ http://www.expertmarketresearch.com/categories/food-beverages-market-reports
Expert Market Research (EMR) is a market research and consultancy firm providing syndicated and custom research along with consultancy services to a wide clientele base which includes Fortune 1000 companies as well as small and medium enterprises. With our tailored approach, the clients gain valuable and unbiased insights that help to improve their competitive edge and realize sustainable growth.
With a keen focus on the qualitative aspect as well as accuracy of the reports, we align our resources and services as per the client’s requirement and offer a flexible engagement model that best suits their needs. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical & Materials, Energy & Mining, Packaging and Agriculture.
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