India Tea Market 2024

Description

The market for tea is set for moderate growth, with projections indicating an increase of USD 3.0 billion and a compound annual growth rate (CAGR) nearing 7.3% over the forecast period. India’s tea market thrives on its vast domestic consumption, with black tea accounting for a significant share. Increasing urbanization and disposable incomes have driven the popularity of premium and flavored teas. Exports remain robust, supported by India’s global reputation as a leading tea producer.

The report provides a comprehensive analysis of the India tea industry, presenting detailed market data including historical market size, growth rates, and future forecasts. It offers an in-depth examination of various market categories and subcategories, with a particular focus on key factors such as product type, packaging and distribution channel. The insights gained from this evaluation help reveal the growth potential within the tea sector.

Market Segmentation

The segmentation of the India tea market is outlined below:
Product type: black tea, green tea, others
Packaging: flexible packaging, paper containers, others (glass, metal, etc.)
Distribution channel: convenience stores, supermarkets and hypermarkets, grocery stores, foodservice channels, e-commerce, others

The India tea market is segmented by product type, packaging and distribution channel. By product type, it includes black tea, green tea, and others. Packaging segments are divided into flexible packaging, paper containers, and others (glass, metal, etc.). Distribution channel segmentation includes convenience stores, supermarkets and hypermarkets, grocery stores, foodservice channels, e-commerce, and others.

Competitive Landscape

The competitive landscape of the tea industry has been thoroughly analyzed, highlighting key players such as Tata Consumer Products Ltd., Unilever PLC, Gujarat Tea Processors and Packers Limited, Associated British Foods plc, Amar Tea Private Limited, Goodricke Group Limited, Cosmic Nutracos Solutions Private Limited, Girnar Food & Beverages Pvt. Ltd. and Duncans Industries Ltd.

This report presents an extensive analysis of major entities in the tea market, focusing on their performance from 2019 to 2023. Findings showcase changes in market share, recognizing both long-standing leaders and new challengers.

Why Buy This Report?

Obtain precise statistical data and forecasts for the India tea market.
Gain in-depth analysis and forecasts for the key segments of the India 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 India tea market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the India tea market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
A single unlimited user license within the same organization, with no additional charges for extra users.

Table of Contents

TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
India Tea Market – Product Type Analysis
India Tea Market – Packaging Analysis
India Tea Market – Distribution Channel Analysis
Key Players and Market Share
– Tata Consumer Products Ltd.
– Unilever PLC
– Gujarat Tea Processors and Packers Limited
– Associated British Foods plc
– Amar Tea Private Limited
– Goodricke Group Limited
– Cosmic Nutracos Solutions Private Limited
– Girnar Food & Beverages Pvt. Ltd.
– Duncans Industries Ltd.
Macroeconomic Data and Forecast
Disclaimer

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

Companies Mentioned

Tata Consumer Products Ltd.
Unilever PLC
Gujarat Tea Processors and Packers Limited
Associated British Foods plc
Amar Tea Private Limited
Goodricke Group Limited
Cosmic Nutracos Solutions Private Limited
Girnar Food & Beverages Pvt. Ltd.
Duncans Industries Ltd.