India Tea Market 2024

Description

The tea market in India is likely to register a CAGR of over 9.3% with an incremental growth of USD 2.2 billion during the forecast period 2024-2029. Tea is celebrated for its many health benefits, such as antioxidants, better digestion, and possible weight loss effects. These health benefits have spurred consumer interest and boosted tea consumption. With a broad spectrum of teas – black, green, white, oolong, herbal, and flavored – there’s a type to suit every palate, attracting a diverse consumer base. Often linked with relaxation and comfort, tea is a go-to beverage for unwinding, favored for its soothing properties.

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 tea market in India 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, small grocery stores, e-commerce, others

The India tea market is segmented on the basis of product type, packaging, and distribution channel. On the basis of product type, the tea market in India has been segmented into black tea, green tea, and others. By packaging, the tea market in India has been segmented into flexible packaging, paper containers, and others (glass, metal, etc.). Based on distribution channel, the tea market in India is categorized into convenience stores, supermarkets and hypermarkets, small grocery stores, e-commerce, and others.

Competitive Landscape

The India tea market is highly competitive. Top players covered in India Tea Market Study are Unilever PLC, Tata Consumer Products Ltd., Gujarat Tea Processors and Packers Limited, Goodricke Group Limited, Girnar Food & Beverages Pvt. Ltd., Duncans Industries Ltd., Cosmic Nutracos Solutions Private Limited, Associated British Foods plc, Amar Tea Private Limited.

The report offers a comprehensive review of the India tea market, focusing on key players’ performance over the 2019-2023 period. The information highlights shifts in market share, identifying both established market leaders and emerging players. By utilizing this data, businesses can enhance their competitive positioning, refining their strategies to better navigate a competitive and evolving market landscape.

Why Buy This Report?

Obtain precise statistical data and forecasts for the India tea market.
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.

Table of Contents

TABLE OF CONTENTS
Key findings
Report scope
Research methodology
Market overviewIndia tea market – product type analysis
India tea market – packaging analysis
India tea market – distribution channel analysis
Key players and market share
– Unilever PLC
– Tata Consumer Products Ltd.
– Gujarat Tea Processors and Packers Limited
– Goodricke Group Limited
– Girnar Food & Beverages Pvt. 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)