Global Tea Market Analysis By Industry Trends, Size, Share, Revenue Growth, Development And Demand Forecast To 2024

November 14 11:16 2019
Global Tea Market Analysis By Industry Trends, Size, Share, Revenue Growth, Development And Demand Forecast To 2024

Introduction of Diverse Product Variants Bolstering Global Tea Market – IMARC Group
Over the recent years, the global tea market has witnessed a moderate growth. This can be attributed to changing tastes and preferences of the consumers, growing health consciousness, elevating disposable incomes and rising demand for premium products.

According to the recent report by IMARC Group, the global tea market reached a volume of 6.2 Million Tons in 2018, exhibiting a CAGR of 5.63% during 2011-2018. Originated in China, tea refers to an aromatic beverage which is usually prepared by adding hot or boiling water over the tea leaves. Tea is mainly grown in the developing countries, such as Asia, Africa, South America, and around the Black and Caspian Seas, with favourable soil and climatic conditions. It is considered as the widely consumed beverage across the globe as it helps in digestion, improves the immunity, assists in weight loss, benefits the bone health and minimises the risk of heart attacks.

Browse full report with detailed TOC and list of figures and tables:

Global Tea Market Trends:

On account of escalating disposable incomes and altering tastes as well as preferences of the consumers, the demand for premium and healthy beverages like tea is proliferating worldwide. Moreover, as consumers are becoming aware about the disadvantages of consuming carbonated drinks, they are extensively incorporating green tea in their daily beverages, in turn, contributing to the overall growth of the market. Apart from this, tea manufacturers are introducing value-added ingredients so as to target young consumers or people suffering from obesity, diabetes and other health ailments. Additionally, the manufacturers are coming up with new flavours of tea such as lemon, mint, orange and pomegranate in order to widen their consumer-base. Other major factor which is catalysing the market growth is the huge popularity of tea, particularly in the developing regions like India and China. Looking forward, the market volume is projected to 7.58 Million Tons by 2024, expanding at a CAGR of 3.19% during 2019-2024.

Get a PDF Sample for more detailed market insights:

Table of Contents

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

5 Global Tea Industry

6 Market Breakup by Type

7 Market Breakup by Packaging

8 Market Breakup by Distribution Channel

9 Market Breakup by Application

10 Market Breakup by Region

11 Competitive Landscape

12 Tea Processing

13 Project Details, Requirements and Costs Involved

14 Loans and Financial Assistance

15 Project Economics

16 Key Player Profiles

Do You Have Any Query or Specific Requirement? Ask to Our Industry Expert

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Media Contact
Company Name: IMARC Group
Contact Person: Richard Lewis
Email: Send Email
Phone: 6317911145
Address:309 2nd St
City: Brooklyn
State: New York
Country: United States