Introduction
The tea market size was valued at $52.1 billion in 2018 and is estimated to reach $81.6 billion by 2026, registering a CAGR of 5.8% in forecasted period. Tea is among the most popular non-alcoholic beverages in the world. Rising consumer disposable income and willingness to spend more on money on variety of products encourages manufacturers to introduce premium and exclusive variants. Introduction of additional healthy ingredients, different flavors in tea drives the growth of Tea Market. Increased consumers concern for fitness and health conscious increase the demand for Black, green, and herbal tea product.
Furthermore, increase in trend of coffee consumption and increased health consciousness among millennial act as the major restraint for this market.
Geographical Overview
At the global level, The Asia-Pacific region accounted for more than half of the share in the global tea market and is expected to grow at a CAGR of 6.5% throughout the forecast period. North America is expected to witness rapid growth in the market in given forecasted period. Middle East and Africa is considered to expand their growth during the forecast period. India is also emerging as one of leading tea market as tea consumption occupies more than 75 .0% share in the Indian non-alcoholic beverage market which amounts to more than USD 28.0 billion market revenue. Indian manufacturers such as Tata Global Beverages and Apeejay Surrendra Group produce a wide range of products for high-end consumers across the globe.
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Segmental Overview
Tea Market is segmented as per below specifications -
By Product Type:
• Leaf Tea
• CTC Tea
By Type:
• Premium/Specialty Tea
• Mass Tea
By Product Outlook:
• Black
• Green
• Oolong
• Herbal
By Packaging:
• Tea Bag
• Instant Tea
• Loose Tea
• Plastic Box
• Tea Pouches
• Aluminum tins
• Others
By Distribution Channel:
• Hypermarkets & Supermarkets
• Convenience Stores
• Specialty Stores
• Online
Competitor Analysis
Tea Market has presence of some of the key major players across globe which includes
• Associated British Foods Plc.
• Barry's Tea Limited
• Tata Global Beverages
• Hain Celestial Group, Inc
• ITO EN, Ltd.
• Mcleod Russel India Limited
• Nestle S.A.
• TAETAE
• The Republic of Tea Inc.
• Unilever Group
These key players are concentrating its efforts on the continuous product improvement with innovative initiatives to have an edge over other competitors. Further, to garner maximum market share, companies are adopting merger/ acquisition/ partnership and maintaining strong distribution networks strategies.
By Geographical Locations:
• North America
o U.S.
o Canada
• Europe
o U.K.
o France
o Italy
o Germany
o Spain
o Russia & CIS
o Rest of Europe
• Asia-Pacific
o China
o India
o Japan
o South Korea
o ASEAN
o Rest of Asia Pacific
• Latin America
o Brazil
o Argentina
o Rest of LATAM
• Middle East & Africa
o UAE
o South Africa
o Rest of MEA
Highlights of the report
What is Tea Market?
Who all are key market players in the industry?
How the Parent Industry is growing?
Where are the key opportunities for new market entrant?
A comprehensive analysis, which covers key growth factors across the value chain
Recent developments in market
Granular Market Segmentation
Market size projection based on Historical & current market trends
Market share analysis and key strategies adopted by leading Players
Production Cost & Sensitivity Analysis
Country Level Market Analysis of Top 16 countries
Data Driven Decision Recommendations
Chapter 1 Research Objective
1.1 Need of the Research Report
1.2 Client Objectives
1.3 Offered Solutions
Chapter 2 Recommendations
2.1 Executive Summary
2.1.1 Market Overview
2.1.2 Competitive Insights
2.1.3 Segmental Analysis
2.1.4 Geographical Market Details
2.2 Lead Generation
2.3 Consultant
2.4 Return on Investment
Chapter 3 Research Methodology
3.1 Chromatus Database
3.2 Paid Sources
3.3 Primary Data Collection
3.3.1 Email Surveys
3.3.2 Telephonic Interviews
3.3.3 Face to Face Interviews
3.4 Secondary Data Collection
3.4.1 Annual Reports
3.4.2 Government Publications
3.4.3 Trade Data
3.4.4 Association Data
3.4.5 Research Papers/ Blogs/ News Articles
3.5 Expert Advisory Panel
3.6 Data Analytics Model
Chapter 4 Tea Market Overview
4.1 Parent Market Overview
4.2 Patent Analysis
4.3 PESTEL Analysis
4.3.1 Political
4.3.2 Economical
4.3.3 Social
4.3.4 Technological
4.3.5 Legal
4.4 SWOT Analysis
4.4.1 Strengths
4.4.2 Weakness
4.4.3 Opportunities
4.4.4 Threats
4.5 Regulations
4.6 Value Chain/ Supply Chain Analysis
4.7 Procurement & Vendor Analysis
4.8 Porters Five Analysis
4.8.1 Threat of new entrants
4.8.2 Bargaining power of suppliers
4.8.3 Bargaining power of buyers
4.8.4 Threat of substitutes
4.8.5 Competitive rivalry
Chapter 5 Regional Analysis
Global Tea Market Estimation and Forecast, 2017 - 2025 (USD Billion)
5.1 North America Market
5.1.1 U.S.
5.1.1 Canada
5.2 Europe Market
5.2.1 UK
5.2.2 Germany
5.2.3 France
5.2.4 Spain
5.2.5 Italy
5.2.6 Russia & CIS
5.2.7 Rest of Europe
5.3 Asia Pacific Market
5.3.1 China
5.3.2 Japan
5.3.3 India
5.3.4 South Korea
5.3.5 ASEAN
5.3.6 Rest of Asia Pacific
5.4 Rest of the World
5.4.1 Latin America
5.4.1.1 Brazil
5.4.1.2 Argentina
5.4.1.3 Rest of Latin America
5.4.2 Middle East
5.4.3 Africa
Chapter 6 Company Profile
6.1 Associated British Foods Plc.
6.1.1 Introduction
6.1.2 Financial Overview
6.1.3 Product Portfolio
6.1.4 Recent Developments
6.1.5 SWOT Analysis
6.2 Barry's Tea Limited
6.3 Tata Global Beverages
6.4 Hain Celestial Group, Inc
6.5 ITO EN, Ltd.
6.6 Mcleod Russel India Limited
6.7 Nestle S.A.
6.8 TAETAE
6.9 The Republic of Tea Inc.
6.10 Unilever Group
Chapter 7 Competitor Analysis
7.1 Company Ranking
7.2 Key Innovators
7.3 Market Leader
7.4 Emerging Players
7.5 Strategic Alliances
7.6 Competitive Matrix of 12 Companies
Chapter 8 Global Tea Market by Product Type Estimation and Forecast, 2017 - 2025 (USD Billion)
8.1 Leaf Tea
8.2 CTC Tea
Chapter 9 Global Tea Market by Type Estimation and Forecast, 2017 - 2025 (USD Billion)
9.1 Premium/Specialty Tea
9.2 Mass Tea
Chapter 10 Global Tea Market by Product Outlook Estimation and Forecast, 2017 - 2025 (USD Billion)
10.1 Black
10.2 Green
10.3 Oolong
10.4 Herbal
Chapter 11 Global Tea Market by Packaging Estimation and Forecast, 2017 - 2025 (USD Billion)
11.1 Tea Bag
11.2 Instant Tea
11.3 Loose Tea
11.4 Plastic Box
11.5 Tea Pouches
11.6 Aluminum tins
11.7 Others
Chapter 12 Global Tea Market by Distribution Channel Estimation and Forecast, 2017 - 2025 (USD Billion)
12.1 Hypermarkets & Supermarkets
12.2 Convenience Stores
12.3 Specialty Stores
12.4 Online
Chapter 13 Appendix
13.1 Data Sources
13.2 Abbreviations
13.3 About US
13.4 Disclaimer
13.5 Key Notes
Table 1 Global Tea Market, by Region, 2017 - 2025 (USD Billion)
Table 2 Global Tea Market, by Product Type, 2017 - 2025 (USD Billion)
Table 3 Global Tea Market, by Consumption Type, 2017 - 2025 (USD Billion)
Table 4 Global Tea Market, by Distribution Type, 2017 - 2025 (USD Billion)
Table 5 North America Tea Market 2017 - 2025 (USD Billion)
Table 6 North America Tea Market by Product Type 2017 - 2025 (USD Billion)
Table 7 North America Tea Market by Consumption Type 2017 - 2025 (USD Billion)
Table 8 North America Tea Market by Distribution Type 2017 - 2025 (USD Billion)
Table 9 US Tea Market 2017 - 2025 (USD Billion)
Table 10 Canada Tea Market 2017 - 2025 (USD Billion)
Table 11 Europe Tea Market 2017 - 2025 (USD Billion)
Table 12 Europe Tea Market by Product Type 2017 - 2025 (USD Billion)
Table 13 Europe Tea Market by Consumption Type 2017 - 2025 (USD Billion)
Table 14 Europe Tea Market by Distribution Type 2017 - 2025 (USD Billion)
Table 15 UK Tea Market 2017 - 2025 (USD Billion)
Table 16 Germany Tea Market 2017 - 2025 (USD Billion)
Table 17 France Tea Market 2017 - 2025 (USD Billion)
Table 18 Spain Tea Market 2017 - 2025 (USD Billion)
Table 19 Italy Tea Market 2017 - 2025 (USD Billion)
Table 20 Russia & CIS Tea Market 2017 - 2025 (USD Billion)
Table 21 Rest of Europe Tea Market 2017 - 2025 (USD Billion)
Table 22 Asia Pacific Tea Market 2017 - 2025 (USD Billion)
Table 23 Asia Pacific Tea Market by Product Type 2017 - 2025 (USD Billion)
Table 24 Asia Pacific Tea Market by Consumption Type 2017 - 2025 (USD Billion)
Table 25 Asia Pacific Tea Market by Distribution Type 2017 - 2025 (USD Billion)
Table 26 China Tea Market 2017 - 2025 (USD Billion)
Table 27 Japan Tea Market 2017 - 2025 (USD Billion)
Table 28 India Tea Market 2017 - 2025 (USD Billion)
Table 29 South Korea Tea Market 2017 - 2025 (USD Billion)
Table 30 ASEAN Tea Market 2017 - 2025 (USD Billion)
Table 31 Rest of Asia Pacific Tea Market 2017 - 2025 (USD Billion)
Table 32 Latin America Tea Market 2017 - 2025 (USD Billion)
Table 33 Latin America Tea Market by Product Type 2017 - 2025 (USD Billion)
Table 34 Latin America Tea Market by Consumption Type 2017 - 2025 (USD Billion)
Table 35 Latin America Tea Market by Distribution Type 2017 - 2025 (USD Billion)
Table 36 Brazil Tea Market 2017 - 2025 (USD Billion)
Table 37 Argentina Tea Market 2017 - 2025 (USD Billion)
Table 38 Rest of Latin America Tea Market 2017 - 2025 (USD Billion)
Table 39 Middle East Tea Market 2017 - 2025 (USD Billion)
Table 40 Middle East Tea Market by Product Type 2017 - 2025 (USD Billion)
Table 41 Middle East Tea Market by Consumption Type 2017 - 2025 (USD Billion)
Table 42 Middle East Tea Market by Distribution Type 2017 - 2025 (USD Billion)
Table 43 Africa Tea Market 2017 - 2025 (USD Billion)
Table 44 Africa Tea Market by Product Type 2017 - 2025 (USD Billion)
Table 45 Africa Tea Market by Consumption Type 2017 - 2025 (USD Billion)
Table 46 Africa Tea Market by Distribution Type 2017 - 2025 (USD Billion)
Fig. 1 Primary Research Method
Fig. 2 Secondary Research Method
Fig. 3 Value chain analysis
Fig. 4 PESTEL Analysis
Fig. 5 SWOT Analysis
Fig. 6 Porters Five forces analysis
Fig. 7 Tea Market: Penetration & growth prospect mapping
Fig. 8 Tea Market: Competitive snapshot
Fig. 9 Tea Market: Segmental snapshot
Fig. 10 Market Overview
Fig. 11 Tea Market: Product Analysis, 2017 - 2025
Fig. 12 Tea Market: Regional Analysis, 2017 - 2025
Fig. 13 Tea Market: Competitive Matrix
Fig. 14 Tea Market: Revenue Mix