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Global Tea Market Report | Industry Overview, Trends, Analysis and Future Forecast to 2021

  • ID : 2925515  |  
  • Published : Nov-2017  |  
  • Region : Global  |  
  • Pages : 165   |  
  • Publisher : 9Dimen Research

Tea Market - Global Industry Overview, Size, and Growth Rate:

The Global Tea Market was valued at USD 47 billion in 2017 and is expected to grow at a CAGR of approximately 5.6% to reach USD 68 billion by 2023. Tea is one of the most preferred beverages around the world that is having both nutritional and commercial benefits. It is known to be majorly found in the Asia Pacific countries like India, China, Sri Lanka, and others. Black tea and Green tea are the two most prominent types of tea, having strong global acceptance among consumers.

Global Tea Market - Growth Drivers, Restraints and Challenges:

The growing health consciousness among the world population is increasing the demand for black tea and green tea in different regions of the world, promoting the growth of the global tea market. The added advantages of the beverage like increased metabolism, fewer cholesterol levels, availability of antioxidants and other useful elements for the body are also supporting the growth of the tea market. Additionally, the changing lifestyle, rise in disposable income, different taste preferences of the people, and other factors are also promoting the market. On the contrary, the increasing prices of raw materials, changes in weather conditions, growing costs of the plantation, etc., are expected to restrain the market growth.

The global tea market is segmented on the basis of product type, end-user, and region. Based on the product type, the market is separated into Premium tea and Mass tea. Based on the end-user, the market is segmented into the food field, and others. Based on the region, the market is classified into North America, Latin America, Asia Pacific, Europe, and the Middle East and Africa.

Global Tea Market - Geographical Brief:

The Asia Pacific is the dominating region of the tea market with the availability of leading producers and the growing population that consume tea in countries like India, China, and others. Asia Pacific is expected to witness a CAGR growth of more than 6% during the forecast period. North America is following the Asia Pacific in the market share. Canada is the prominent region of North America. Western Europe is also expected to witness rapid growth in the forecast period due to the increasing preference for nutritious beverages in the place of carbonated drinks.

Detailed Segmentation of Global Tea Market:

Tea Market - By Form

  • Leaf Tea
  • CTC Tea
  • Others

Tea Market - By Product Type

  • Black Tea
  • Green Tea
  • Fermented Tea
  • Herbal Tea
  • Others

Tea Market - By Distribution Channel

  • Hypermarket/Supermarket
  • Specialist Retailers
  • Convenience Stores
  • Foodservice Channels
  • Others

Tea Market - By Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East
  • Africa

Top Companies operating in the Global Tea Market profiled in the report are:

  1. Starbucks Corporation
  2. Kusmi Tea
  3. Associated British Foods PLC
  4. Peet’s Coffee & Tea
  5. Tata Global Beverages
  6. David’s Tea
  7. Unilever PLC
  8. Tea Forte
  9. Twinings
  10. Celestial Seasonings
  11. The Republic of Tea

1. Introduction

                1.1 Key Deliverables of the study

                1.2 Study Assumptions

                1.3 Market Definition

2. Research Approach & Methodology

                2.1 Introduction

                2.2 Research Designs

                2.3 Study Timelines

                2.4 Study Phases

                                2.4.1 Secondary Research

                                2.4.2 Discussion Guide

                                2.4.3 Market Engineering and Econometric Modeling

                                2.4.4 Expert Validation

3. Market Dynamics

                3.1 Tea Market Drivers

                3.2 Tea Market Restraints

                3.3 Tea Market Opportunities

                3.4 Porter's Five Forces Analyses

                                3.4.1 Bargaining Power of Suppliers

                                3.4.2 Bargaining Power of Buyers

                                3.4.3 Threat of New Entrants

                                3.4.4 Threat of Substitute Products and Services

                                3.4.5 Degree of Competition

4. Market Segmentation

                4.1 Tea Market By Form

                                4.1.1 Leaf Tea

                                4.1.2 CTC Tea

                              4.1.3 Others

                4.2 Tea Market By Product Type

                                4.2.1 Black Tea

                                4.2.2 Green Tea

                                4.2.3 Fermented Tea

                                4.2.4 Herbal Tea

                                4.2.5 Others

            4.3 Tea Market By Distribution Channel

                        4.3.1 Hypermarket/Supermarket

                        4.3.2 Specialist Retailers

                        4.3.3 Convenience Stores

                        4.3.4 Foodservice Channels

                        4.3.5 Others

                4.4 Tea Market By Geography

                                4.4.1 North America Tea Market Size (2018-2023)

                                       US Tea Market Size (2018-2023)

                                       Canada Tea Market Size (2018-2023)

                                       Mexico Tea Market Size (2018-2023)

                                       Rest of North America

                                4.4.2 Europe Tea Market Size (2018-2023)

                                       Germany Tea Market Size (2018-2023)

                                       UK Tea Market Size (2018-2023)

                                       France Tea Market Size (2018-2023)

                                       Spain Tea Market Size (2018-2023)

                                       Italy Tea Market Size (2018-2023)

                                       Russia Tea Market Size (2018-2023)

                                       Rest of Europe

                                4.4.3 Asia-Pacific Tea Market Size (2018-2023)

                                       China Tea Market Size (2018-2023)

                                       India Tea Market Size (2018-2023)

                                       Japan Tea Market Size (2018-2023)

                                       Australia Tea Market Size (2018-2023)

                                       Rest of Asia-Pacific

                                4.4.4 South America Tea Market Size (2018-2023)

                                       Brazil Tea Market Size (2018-2023)

                                       Argentina Tea Market Size (2018-2023)

                                       Rest of South America

                                4.4.5 Africa Tea Market Size (2018-2023)

                                       South Africa Tea Market Size (2018-2023)

                                       Rest of Africa

5. Tea Market Competitive Landscape

                5.1 Most Adopted Strategies

                5.2 Most Active Companies

                5.3 Market Share Analysis

6. Tea Market Company Profiles 

            6.1 Starbucks Corporation

            6.2 Kusmi Tea

            6.3 Associated British Foods PLC

            6.4 Peet’s Coffee & Tea

            6.5 Tata Global Beverages

            6.6 David’s Tea

            6.7 Unilever PLC

            6.8 Tea Forte

            6.9 Twinings

            6.10 Celestial Seasonings

            6.11 The Republic of Tea

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