Tea Market Report Overview
Maximize Market Research releases reports that facilitate clients' comprehensive comprehension of the Tea Market structure. The report, a fusion of primary and secondary research, offers comprehensive insights into the Tea market, encompassing trade statistics, prominent players, and a multitude of market metrics.
Market Values:
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.
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Tea Market Report Scope and Research Methodology
The report incorporates business statistics and analytical insights, facilitating an easily comprehensible grasp of the Tea market's key aspects such as size, market share, growth, trends, demand, top players, industry profile, opportunities, value cycle, end-users, types, and applications. The estimation of the global and regional Tea market size was executed through a bottom-up approach. The report employs both primary and secondary research methodologies to present a clear depiction of the Tea market structure.
In the secondary research method, data was culled from a curated set of sources, focusing on Tea key players and capturing current and historical industry trends. This information sourced through secondary research underwent validation via primary research, wherein industry experts were interviewed. The report also delves into growth opportunities in micro and macro markets, aiding stakeholders in making informed investments. It provides a comprehensive analysis of the competitive landscape and the offerings of significant Tea competitors. Additionally, the report employs SWOT analysis to outline the strengths and weaknesses of the Tea market.
Tea Market Segmentation
by Product
Black
Green
Oolong
Herbal
The market is divided into Black, Green, Oolong, and Herbal segments based on the product. By 2027, the Black Tea sector is anticipated to command the highest market shares at 42.5%. This is because there are more people drinking tea globally.
Because black tea has a high content of antioxidants and polyphenols, it is also a favourite choice among health aficionados. Black tea extract contains the following nutrients: vitamin C, zinc, iron, magnesium, copper, manganese, potassium, fluoride, and calcium. Black tea extract has higher antioxidant content and anti-allergic, anti-viral, and anti-spasmodic properties than green tea.
by Application
Residential
Commercial
by Distribution Channel
Supermarkets & Hypermarkets
Specialty Stores
Online
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Tea Market Regional Analysis
The report has been segmented into many key countries. This section provides a detailed analysis of the Tea market in all the regions with their key countries including market size, CAGR, and import and export. The regions and their countries studied are:
- North America- U.S., Canada, Mexico
- Europe- UK, Germany, France, Spain, Rest of Europe
- Asia Pacific- China, India, Japan, Australia, South Korea, Asian Countries, Rest of APAC
- South America- Brazil
- Middle East and Africa.
Tea Market 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
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Key Questions answered in the Tea Market Report are:
- How has the Tea market performed so far and how will it perform in the coming years?
- What is the market segmentation of the global Tea market?
- What is the regional breakup of the global Tea market?
- What are the price trends of various feedstocks in the Tea industry?
- What is the structure of the Tea industry and who are the key players?
- What are the various unit operations involved in a Tea processing plant?
- What is the total size of land required for setting up a Tea processing plant?
- What is the layout of a Tea processing plant?
- What are the machinery requirements for setting up a Tea processing plant?
- What are the raw material requirements for setting up a Tea processing plant?
- What are the packaging requirements for setting up a Tea processing plant?
- What are the transportation requirements for setting up a Tea processing plant?
- What are the utility requirements for setting up a Tea processing plant?
- What are the human resource requirements for setting up a Tea processing plant?
- What are the infrastructure costs for setting up a Tea processing plant?
- What are the capital costs for setting up a Tea processing plant?
- What are the operating costs for setting up a Tea processing plant?
- What should be the pricing mechanism of the final product?
- What will be the income and expenditures for a Tea processing plant?
- What is the time required to break even?
- What are the profit projections for setting up a Tea processing plant?
- What are the key success and risk factors in the Tea industry?
- What are the key regulatory procedures and requirements for setting up a Tea processing plant?
- What are the key certifications required for setting up a Tea processing plant?
Key Offerings:
- 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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