Global Tea Market size was valued at US$ 66.82 Bn. in 2022 and the total revenue is expected to grow at a CAGR of 6.6% through 2022 to 2029, reaching nearly US$ 104.52 Bn.

Global Tea Market Report Overview

The “Global Tea Market” Research Report provides a comprehensive analysis of the current state of the Global Tea industry. The report covers the present market landscape, historical market performance, production and consumption rates, demand and supply ratios, and revenue projections.

Global Tea Market Report Scope and Research Methodology

The Global Tea market has been analyzed at the global, regional, and country levels. The report provides a segment-wise and region-wise analysis of the Global Tea market dynamics, including drivers, restraints, challenges, and opportunities. This makes the report a valuable resource for investors.The Global Tea market size has been estimated using a bottom-up approach. Secondary research involved a review of annual and financial reports of leading manufacturers. Primary research involved interviews with key opinion leaders and Global Tea industry experts, such as skilled front-line personnel, entrepreneurs, and marketing professionals. SWOT analysis was used to identify the strengths, weaknesses, opportunities, and threats of the Global Tea key players in the industry.

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Global Tea Market Regional Insights

The regional analysis in the report provides insights into the Global Tea market in different countries by examining factors such as political, geographic, and buying behavior. These factors can have a significant impact on the Global Tea market, and the report provides a detailed explanation of each factor. The report also includes information on the market size, growth rate, and import and export in all regions.

Global Tea Market Segmentation

 by Product

Black
Green
Oolong
Herbal


Based on the Product, the market is segmented into Black, Green, Oolong, and Herbal. Black Tea segment is expected to hold the largest market shares of 42.5% by 2027. This is due to an increase in the number of tea drinkers around the world.

by Application

Residential
Commercial

Based on the Applications: The market is segmented into Supermarkets and Hypermarkets, Specialty Stores, and Online. Online distribution channel segment is expected to grow rapidly at a CAGR of 5.9% during the forecast period.


by Distribution Channel

Supermarkets & Hypermarkets
Specialty Stores
Online

Global Tea Key Players

 1. TATA GLOBAL BEVERAGES LIMITED
2. UNILEVER PLC
3. ASSOCIATED BRITISH FOODS PLC
4. BARRY’S TEA
5. APEEJAY SURRENDRA GROUP
6. BETTYS & TAYLORS GROUP LTD.
7. MCLEOD RUSSEL INDIA LTD
8. ITO EN, LTD
9. DAVIDS TEA INC.
10.TEA FORTÉ INC.
11.Barry's Tea
12.R Twining and Company Limited
13.Hain Celestial Group Inc.
14.Nestle SA
15.Orientis Group (Kusmi Tea)
16.The Republic of Tea
17.Tazo Tea Company
18.Numi Inc.
19.Apeejay Surrendra Group
20.Mighty Leaf Tea Company
21.Bettys & Taylors Group Ltd.
22.cLeod Russel

Key Questions answered in the Global Tea Market Report are:

  • Which segment held the largest Global Tea market share in 2024?
  • Which segment is expected to grow at a high CAGR during the forecast period?
  • Who are the Global Tea key players in the industry?
  • Which Global Tea market segment is expected to grow at a high rate during the forecast period?
  • What is the expected Global Tea market size by 2030?
  • What are the main factors driving the growth of the Global Tea market?
  • Which region has the largest Global Tea market share?
  • What is the expected CAGR of the Global Tea market during the forecast period?

 

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Key Offerings:

  • Past Market Size and Competitive Landscape (2019 to 2024)
  • Past Pricing and price curve by region (2019 to 2024)
  • Market Size, Share, Size & Forecast by different segment | 2023−2030
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
  • Market Segmentation – A detailed analysis by segments with their sub-segments and region
  • 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

 

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About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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