Global Tea Market 2024

Description

Tea ranks as the second most consumed beverage in the world, following water, and enjoys a strong market presence worldwide. The global tea market is expected to increase by USD 29.0 billion, at a compound annual growth rate (CAGR) of 7.1% from 2024 to 2029, according to the latest edition of the Global Tea Market Report.

This report presents a detailed overview of the Global tea industry, including key data on historical market size, growth rates, and future trends. It offers an in-depth analysis of different market segments, paying close attention to factors like product type, packaging, distribution channel, and region. This detailed analysis supports the identification of growth opportunities within the tea industry.

Market Segmentation

The tea market in Global is structured as follows:
Product type: black tea, fruit & herbal tea, green tea, instant tea, others
Packaging: flexible packaging, paper containers, others (glass, metal, etc.)
Distribution channel: convenience stores, supermarkets and hypermarkets, specialty stores, small grocery stores, e-commerce, others
Region: Asia Pacific, Europe, Latin America, Middle East and Africa, North America

The global tea market is segmented on the basis of product type, packaging, distribution channel, and region. On the basis of product type, the global tea market has been segmented into black tea, fruit & herbal tea, green tea, instant tea, and others. By packaging, the global tea market has been segmented into flexible packaging, paper containers, and others (glass, metal, etc.). Based on distribution channel, the global tea market is categorized into convenience stores, supermarkets and hypermarkets, specialty stores, small grocery stores, e-commerce, and others. In terms of geography, the global tea market has been also segmented into Asia Pacific, Europe, Latin America, Middle East and Africa, and North America.

Competitive Landscape

The global tea market is highly competitive. The key players in the tea market include Akbar Brothers Ltd., AMS Baeshen & Co., Associated British Foods plc, Avi Ltd., Azersun Holding MMC, Badawy Group For Food Industries, Bama Tea Co. Ltd., Beijing Wuyutai Tea Co. Ltd., Beijing Xiaoguan Tea Co. Ltd., Beijing Zhangyiyuan Beverage Co. Ltd., Beta Gida Sanayi Ve Ticaret AS, Bettys & Taylors Group Ltd., Cambiaso Hnos S.A.C, Cay Isletmeleri Genel Mudurlugu, China Tea Co. Ltd. (COFCO Corporation), Dogus Cay AS, East West Tea Company LLC, Greenfield Tea Ltd., Guangdong Strong Group Company Ltd., Gujarat Tea Processors and Packers Limited, Ito En Ltd., JDE Peet’s N.V., Laurens Spethmann Holding AG & Co. KG, Lipton Teas and Infusions, M. M. Ispahani Limited, Mai Kompanya OAO, Orimi Trade OOO, PT. Sinar Sosro, RC Bigelow Inc., Tapal Tea (Pvt.) Ltd., Tata Consumer Products Ltd., Teekanne GmbH & CO. kg, Ten Fu Group, The Coca-Cola Company, The Hain Celestial Group Inc., Traditional Medicinals, Unilever PLC, Yunnan Taetea Tea Industry Group Co. Ltd (TaeTea Group), Zhejiang Xiangpiaopiao Co. Ltd.

This report provides a thorough assessment of the Global tea market, examining the performance of leading players from 2019 to 2023. The analysis offers critical information on market share dynamics, pinpointing dominant incumbents as well as rising challengers. Leveraging this data enables companies to refine their strategies, seize growth opportunities, and sustain competitive advantage in an increasingly dynamic market environment.

Why Buy This Report?

Obtain precise statistical data and forecasts for the Global tea market.
Gain deep insights into the dynamics of the Global tea market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Global tea market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.

Table of Contents

TABLE OF CONTENTS
Key findings
Report scope
Research methodology
Market overviewGlobal tea market – product type analysis
Global tea market – packaging analysis
Global tea market – distribution channel analysis
Global tea market – region analysis
Key players and market share
– Akbar Brothers Ltd.
– AMS Baeshen & Co.
– Associated British Foods plc
– Avi Ltd.
– Azersun Holding MMC
…
Macroeconomic data and forecast
Disclaimer

FIGURES AND TABLES
Table Global tea market 2019-2029
Chart Global tea market, net growth, 2019-2029
Chart Global tea market, growth rates, 2019-2029
Table Global tea market by product type, 2019-2029
Chart Global tea market by product type, CAGR historic and forecast, 2019-2029
Chart Global tea market by product type, 2019-2029
Table Global tea market by packaging, 2019-2029
Chart Global tea market by packaging, CAGR historic and forecast, 2019-2029
Chart Global tea market by packaging, 2019-2029
Table Global tea market by distribution channel, 2019-2029
Chart Global tea market by distribution channel, CAGR historic and forecast, 2019-2029
Chart Global tea market by distribution channel, 2019-2029
Table Global tea market by region, 2019-2029
Chart Global tea market by region, CAGR historic and forecast, 2019-2029
Chart Global tea market by region, 2019-2029
Table Global tea market share (%), by companies, 2019-2023
Chart Global tea market, by companies, 2023
Table Global tea market share (%), by brands, 2019-2023
Chart Global tea market, by brands, 2023
Table Global – population (millions) and forecast
Table Global – consumer price index (CPI) and forecast
Table Global – gross domestic product and forecast
Table Global tea market: spend as a proportion of GDP (%)
Table Global tea market: consumption per capita (population)