Press release
Increased demand from millennials in developing Economies Economies to Boost the Tea Market To Grow At 4.45% CAGR To 2021
"The Report Global Tea Market 2017-2021 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"About Tea
Tea, a beverage made from the leaves of an aromatic plant called Camellia sinensis, is usually prepared with water or milk. It is consumed as both hot and cold beverages. Although it originated in China, it is now famous all over the world due to its taste, health benefits, and varieties. It is the most highly-consumed drink after water. It contains substantial amounts of antioxidants, which help in lowering the risk of various health problems.
Technavios analysts forecast the global tea market to grow at a CAGR of 4.45% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global tea market for 2017-2021. To calculate the market size, the report considers volume/value of global and region wise tea production.
The market is divided into the following segments based on geography:
Americas
APAC
Europe
MEA
Technavio's report, Global Tea Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Associated British Foods
ITO EN Inc.
Nestl
Unilever
Tata Global Beverages (TGB)
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Other prominent vendors
Celestial Seasonings
Dilmah
Apeejay tea
Barrys tea
Betty's and Taylors Group
Harney and Sons
The Republic of tea
Teavana
Mighty Leaf tea
Numi tea
Tazo tea
Market driver
Increased demand from millennials in developing economies
For a full, detailed list, view our report
Market challenge
Major threat from substitutes
For a full, detailed list, view our report
Market trend
Specialty iced tea
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
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