USA Tea Market 2024

Description

The USA tea market is poised for gradual growth, with an expected incremental increase of USD 1.9 billion, reflecting a compound annual growth rate (CAGR) of nearly 3% from 2024 to 2029. The U.S. tea market is experiencing robust growth due to increasing consumer awareness of the health benefits associated with tea, particularly green and herbal varieties. Innovation in ready-to-drink teas and flavored blends caters to convenience and younger demographics. Premiumization is a strong driver in urban and affluent areas.

The report offers a comprehensive evaluation of the USA tea market, presenting crucial data on historical market size, growth patterns, and future projections. It provides a thorough breakdown of market segments and sub-segments, with a focus on key variables such as product type, packaging and distribution channel. This comprehensive evaluation aids in identifying the growth potential within the tea industry.

Market Segmentation

The USA tea market is classified into the following segments:
Product type: black tea, fruit & herbal tea, green tea, others
Packaging: flexible packaging, paper containers, others (glass, metal, etc.)
Distribution channel: supermarkets and hypermarkets, discounters, warehouse clubs, food & drinks stores, grocery stores, foodservice channels, e-commerce, others

The USA market for tea is divided based on product type, packaging and distribution channel. By product type, the market features black tea, fruit & herbal tea, green tea, and others. Packaging categories include flexible packaging, paper containers, and others (glass, metal, etc.). Distribution channel segmentation includes supermarkets and hypermarkets, discounters, warehouse clubs, food & drinks stores, grocery stores, foodservice channels, e-commerce, and others.

Competitive Landscape

Prominent companies operating within the market comprise Lipton Teas and Infusions, RC Bigelow Inc., East West Tea Company LLC, Associated British Foods plc, Traditional Medicinals, The Hain Celestial Group Inc., Reily Foods Company, Stash Tea Company, Tata Consumer Products Ltd. and Numi Inc.

This analysis offers a comprehensive overview of the main players in the tea market, evaluating their performance trends from 2019 to 2023. Key findings illustrate shifts in market share, identifying both dominant firms and rising competitors.

Why Buy This Report?

Obtain precise statistical data and forecasts for the USA tea market.
Gain in-depth analysis and forecasts for the key segments of the USA tea market: product type, packaging and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the USA tea market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the USA tea market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
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Table of Contents

TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
USA Tea Market – Product Type Analysis
USA Tea Market – Packaging Analysis
USA Tea Market – Distribution Channel Analysis
Key Players and Market Share
– Lipton Teas and Infusions
– RC Bigelow Inc.
– East West Tea Company, LLC
– Associated British Foods plc
– Traditional Medicinals
– The Hain Celestial Group, Inc.
– Reily Foods Company
– Stash Tea Company
– Tata Consumer Products Ltd.
…
Macroeconomic Data and Forecast
Disclaimer

FIGURES AND TABLES
Table USA Tea Market 2019-2029
Chart USA Tea Market, Net Growth, 2019-2029
Chart USA Tea Market, Growth Rates, 2019-2029
Table USA Tea Market by Product Type, 2019-2029
Chart USA Tea Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart USA Tea Market by Product Type, 2019-2029
Table USA Tea Market by Packaging, 2019-2029
Chart USA Tea Market by Packaging, CAGR Historic and Forecast, 2019-2029
Chart USA Tea Market by Packaging, 2019-2029
Table USA Tea Market by Distribution Channel, 2019-2029
Chart USA Tea Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart USA Tea Market by Distribution Channel, 2019-2029
Table USA Tea Market Share (%), by Companies, 2019-2023
Chart USA Tea Market, by Companies, 2023
Table USA Tea Market Share (%), by Brands, 2019-2023
Chart USA Tea Market, by Brands, 2023
Table USA – Population (Millions) and Forecast
Table USA – Consumer Price Index (CPI) and Forecast
Table USA – Gross Domestic Product and Forecast
Table USA Tea Market: Spend as a Proportion of GDP (%)
Table USA Tea Market: Consumption per Capita (Population)

Companies Mentioned

Lipton Teas and Infusions
RC Bigelow Inc.
East West Tea Company, LLC
Associated British Foods plc
Traditional Medicinals
The Hain Celestial Group, Inc.
Reily Foods Company
Stash Tea Company
Tata Consumer Products Ltd.
Numi Inc.