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Showing 1–16 of 107 results
Anticipated trends indicate that the Algeria tea market will achieve incremental growth of USD 111.9 million, translating to a compound annual growth rate (CAGR) of around 6.5% during the forecast period of 2024 to 2029. Algeria’s tea market is characterized by strong cultural traditions around black and green tea consumption. Rising disposable incomes and modern… Read More
Projections for the Angola tea market suggest a promising growth trajectory, with an anticipated rise of USD 30.1 million and a compound annual growth rate (CAGR) nearing 8.3% over the next five years. In Angola, the tea market is growing as health-conscious consumers increasingly turn to herbal and green teas. Expansion in organized retail infras… Read More
The Argentina tea market is likely to exhibit mild growth, with a projected increase from USD 1,331.4 million in 2023 to USD 1,553.1 million by 2029, corresponding to a CAGR of 2.6% during the 2024 to 2029 timeframe. Argentina’s tea market is fueled by traditional consumption patterns of yerba mate, which dominate the category. Rising… Read More
Projected growth in the Asia Pacific tea market includes an incremental increase of USD 13.9 billion, with a compound annual growth rate (CAGR) of nearly 4.8% through 2029. Asia Pacific remains a global powerhouse in the tea market, driven by its historical significance and the increasing adoption of functional teas. Rapid urbanization and growing dispos… Read More
The latest estimates indicate that the Australia tea market is expected to experience modest growth, with an incremental increase of USD 134.8 million. This growth is projected to occur at a compound annual growth rate (CAGR) of approximately 3.5% during the forecast period from 2024 to 2029. Australia’s tea market is supported by rising health… Read More
The Austria tea market is anticipated to witness significant growth, with an expected uptick of USD 98.3 million, equating to a compound annual growth rate (CAGR) of about 6% in the coming years. Austria’s tea market benefits from a cultural appreciation for specialty and herbal teas, which align with health-conscious trends. The rise of organi… Read More
The Azerbaijan tea market is set to increase from USD 717.1 million in 2023 to USD 1,070.2 million by 2029, reflecting a CAGR of 6.9% over the 2024 to 2029 timeframe. Azerbaijan’s tea market is deeply rooted in its tea-drinking traditions, with black tea remaining a staple. Rising disposable incomes and modernization are introducing demand… Read More
The Bahrain tea market is expected to experience robust growth, with a projected increase of USD 26.6 million and a compound annual growth rate (CAGR) of approximately 6.3% throughout the forecast period. Bahrain’s tea market thrives on rising demand for premium and artisanal teas driven by affluent consumers. The café culture introduces global tea trends… Read More
Projected for swift expansion, the Bangladesh tea market is anticipated to grow from USD 1,041.9 million in 2023 to USD 1,959.3 million by 2029, with a strong CAGR of 11.1% over the period from 2024 to 2029. In Bangladesh, the tea market is supported by its domestic tea-growing industry and high per capita tea consum… Read More
The Belarus tea market is anticipated to witness significant growth, with an expected uptick of USD 172.8 million, equating to a compound annual growth rate (CAGR) of about 8.4% in the coming years. Belarus’s tea market is anchored by a steady demand for black tea, a staple in daily consumption. Rising incomes and urbanization are… Read More
The forecast period from 2024 to 2029 suggests that the Belgium tea market will see a slight growth trajectory, with an anticipated increase of USD 9.4 million and a CAGR of around 1.6%. Belgium’s tea market is influenced by a growing interest in wellness, boosting demand for green and herbal teas. The penetration of specia… Read More
Forecasts highlight a favorable growth outlook for the Bolivia tea market, with a projected increase of USD 46.4 million and a compound annual growth rate (CAGR) close to 6.5% through 2029. Bolivia’s tea market is shaped by traditional herbal consumption and increasing interest in wellness-oriented beverages. The growth of retail channels and local production of… Read More
The Bosnia and Herzegovina tea market is anticipated to grow slowly, with a compound annual growth rate (CAGR) estimated at about 3.1% during the forecast period extending from 2024 to 2029. In Bosnia and Herzegovina, tea consumption is growing alongside awareness of its health benefits. Herbal teas are particularly popular, reflecting traditional remedies. Rising urbani… Read More
The Brazil tea market is on track to grow from USD 1,206.8 million in 2023 to USD 1,936.4 million by 2029, with a projected CAGR of 8.2% across the forecast period. Brazil’s tea market benefits from increasing consumer awareness of tea’s health benefits, especially green and herbal teas. A growing middle class supports demand for… Read More
The Bulgaria tea sector is poised for a dynamic growth phase, anticipating an increase of USD 17.3 million and a compound annual growth rate (CAGR) of approximately 5.1% from 2024 to 2029. Bulgaria’s tea market is driven by a strong preference for herbal and fruit-infused teas. The health and wellness trend is spurring demand for… Read More
The Cambodia tea market is on track for meaningful growth, projected to register a compound annual growth rate (CAGR) of roughly 6.2% over the forecast period from 2024 to 2029. Cambodia’s tea market is growing as consumers adopt tea as a health-conscious beverage. Demand for herbal and green teas is increasing, driven by rising awaren… Read More