Tea Market Demand, Trends and Business Opportunities 2022-2027

Author: Elena Anderson

Marketing Manager

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Global Tea Market Research Report 2022-2027:

According to the latest report by IMARC Group, titled "Tea Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," the global tea market reached a value of US$ 22 Billion in 2021.

Tea, generally prepared from the leaves of the Camellia sinensis plant, is currently represented as the most consumed beverage in the world. It is an aromatic drink that is prepared by pouring boiling or hot water over fresh or cured tea leaves. It is a rich source of antioxidants that helps in preventing heart diseases and cancer. Additionally, it contains phytochemicals that aid in boosting immunity, regulating hormones and reducing inflammation. Apart from this, it also contains other essential nutrients, including manganese, potassium, calcium and magnesium, that helps in controlling cholesterol levels, due to which it is gaining widespread prominence among the masses.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Global Tea Market Trends:

The global market is primarily driven by the rising demand for healthy beverages among the masses. This is supported by the increasing health consciousness among individuals. Coupled with the growing awareness regarding the health benefits of green and oolong tea and the increasing preference for leading a healthy lifestyle, this is providing a boost to the market growth across the globe. Furthermore, the widespread adoption of the product in the formulation of multiple personal and skincare care products is acting as a major growth-inducing factor.

Along with this, leading players are heavily investing in launching varied flavors of tea, including ginger, mint, hibiscus and lemon, which is gaining prominence among the masses. Additionally, the numerous initiatives undertaken by the governments of several countries for providing financial assistance and associated incentives to tea farmers are also influencing the market growth. Other factors, including continuous product innovations, premiumization of tea and the easy product availability through online and offline organized distribution channels, are further contributing to the market growth. On account of the aforementioned factors, the market is anticipated to grow at a CAGR of 5.6% during 2022-2027.

View Report TOC, Figures and Tables: https://www.imarcgroup.com/tea-market

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Key Market Segmentation

The research report includes the following segments:

Breakup by Product Type:

• Green Tea

• Black Tea

• Oolong Tea

• Others

Breakup by Packaging:

• Plastic Containers

• Loose Tea

• Paper Boards

• Aluminium Tin

• Tea Bags

• Others

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Breakup by Application:

• Residential

• Commercial

Breakup by Distribution Channel:

• Supermarkets/Hypermarkets

• Specialty Stores

• Convenience Stores

• Online

• Others

Breakup by Region:

• China

• India

• Kenya

• Sri Lanka

• Turkey

• Vietnam

• Others

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Competitive Landscape with Key Players:

• Tata Consumer Products Limited

• Unilever

• Associated British Foods Plc.

• Taetea

• Barry's Tea

1. 1. What was the global tea market size in 2021?

2. 2. What will be the global tea market outlook during the forecast period (2022-2027)?

3. 3. What are the global tea market drivers?

4. 4. What are the major trends in the global tea market?

5. 5. What is the impact of COVID-19 on the global tea market?

6. 6. What is the global tea market breakup by product type?

7. 7. What is the global tea market breakup by packaging?

8. 8. What is the global tea market breakup by distribution channel?

9. 9. What is the global tea market breakup by application?

10. 10. What are the major regions in the global tea market?

11. 11. Who are the leading tea manufacturers?

Click here to visit the complete table of content with list of figures and tables: https://www.imarcgroup.com/tea-market/toc

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We are the trusted business partners to the world's leading corporates, governments, and institutions

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