Tea Market in Philippines


Market Overview

The tea market in Philippines is anticipated to increase by USD 68.0 million till 2029 at an average annual growth of 9.6 percent as per the latest market estimates. With health benefits like antioxidants, improved digestion, and potential weight loss, tea has drawn considerable consumer interest, increasing its consumption. The variety of teas available – black, green, white, oolong, herbal, and flavored – satisfies diverse taste preferences, appealing to a wide range of consumers. Often associated with relaxation and comfort, tea is a favored choice for unwinding due to its soothing properties.

The report provides a comprehensive overview of the Philippines tea industry, covering a study of the key players operating in the market. It includes an analysis of market segments and sub-segments, taking into consideration factors such as product type, packaging, and distribution channel. By examining these aspects, the report offers valuable insights into the potential of the tea industry. Moreover, the report presents statistical information, including market size, market share, growth rate, and forecasts specifically tailored to the tea industry. This data-driven analysis equips industry professionals with the necessary information to assess the current market landscape, make well-informed decisions, and identify growth opportunities within the sector.


Market Segmentation

The tea market in Philippines is segmented as below:
Product type: black tea, fruit & herbal tea, green tea, instant tea, and others
Packaging: flexible packaging, paper containers, and others (glass, metal, etc.)
Distribution channel: convenience stores, supermarkets and hypermarkets, small grocery stores, e-commerce, and others

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


Competitive Landscape

The Philippines tea market is highly competitive. As of 2023, the major players in the Philippines tea market were The Hain Celestial Group Inc., Tata Consumer Products Ltd., Massimo Zanetti Beverage Group S.p.A., Lipton Teas and Infusions, Kawsek Incorporated, Herbcare Corporation, Healthy Lifestyles Mfg Corp., Gourmet Farms Inc., Gilamar Enterprises Inc., George Steuart Teas (Pvt) Ltd., Associated British Foods plc.

The report is an indispensable tool for companies and organizations operating in the tea industry. It offers a comprehensive overview of the market, empowering industry executives, policy makers, academics, and analysts to make well-informed decisions. The report provides valuable insights and analysis, presenting a cohesive and detailed perspective on the tea market.


Why Buy This Report?

Provide statistical data or estimations for the Philippines tea market
Formulate regional strategies and determine strategic priorities based on local data analysis
Gain a comprehensive understanding of the tea market in Philippines
Identify promising investment opportunities by pinpointing growth sectors and emerging trends
Understand what the future of the tea market in Philippines looks like
Analyze the competitive landscape and identify the optimal timing for seizing opportunities


Table of Contents

TABLE OF CONTENTS
FIGURES AND TABLES
1. Scope and Methodology
1.1 Key Findings
1.2 Report Scope
1.3 Research Methodology
2. Market Overview
3. Philippines Tea Market – Product Type Analysis
3.1 Black tea
3.2 Fruit & herbal tea
3.3 Green tea
3.4 Instant tea
3.5 Others
4. Philippines Tea Market – Packaging Analysis
4.1 Flexible packaging
4.2 Paper containers
4.3 Others (glass, metal, etc.)
5. Philippines Tea Market – Distribution Channel Analysis
5.1 Convenience stores
5.2 Supermarkets and hypermarkets
5.3 Small grocery stores
5.4 E-commerce
5.5 Others
6. Company Profiles
6.1 The Hain Celestial Group, Inc.
6.2 Tata Consumer Products Ltd.
6.3 Massimo Zanetti Beverage Group S.p.A.
6.4 Lipton Teas and Infusions
6.5 Kawsek Incorporated
6.6 Herbcare Corporation
6.7 Healthy Lifestyles Mfg Corp.
6.8 Gourmet Farms, Inc.
6.9 Gilamar Enterprises Inc.
6.10 George Steuart Teas (Pvt) Ltd.
6.11 Associated British Foods plc
DISCLAIMER


Companies Mentioned

The Hain Celestial Group, Inc.
Tata Consumer Products Ltd.
Massimo Zanetti Beverage Group S.p.A.
Lipton Teas and Infusions
Kawsek Incorporated
Herbcare Corporation
Healthy Lifestyles Mfg Corp.
Gourmet Farms, Inc.
Gilamar Enterprises Inc.
George Steuart Teas (Pvt) Ltd.
Associated British Foods plc


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