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Tea Market - Industry growth, 2026

Tea Market size was valued at $52.1 billion in 2018 and is estimated to Garner $81.6 billion by 2026, registering a CAGR of 5.8% from 2019 to 2026.

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Tea Market - Industry growth, 2026

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  1. GlobalTea Market To Reach At $81.6 Billion By 2026 | CAGR 5.8% Opportunity Analysis and Industry Forecast, 2016-2023 Global Opportunity Analysis and Industry Forecast, 2019-2026

  2. Tea Market Outlook - 2026 The tea market size was valued at $52.1 billion in 2018 and is estimated to reach $81.6 billion by 2026, registering a CAGR of 5.8% from 2019 to 2026. In 2018, the Asia-Pacific region accounted for more than half of the share in the global tea market and is expected to grow at a CAGR of 6.5% throughout the forecast period. China is one of the prominent regions in the market that accounted for a sizeable share of the total market in 2018. Tea is an aromatic beverage derived from Camellia Sinensis plant. It is one of the most consumed beverage in the world. Black tea and green tea are the most popular tea while herbal tea is gaining popularity. Tea is considered a healthy beverage owing to presence of a number of potent antioxidants, and minerals such as potassium, manganese, magnesium, & calcium. Regular consumption of tea helps reduce cell damage caused due to free radicals as well as lowers cholesterol levels and facilitates healthy weight loss. Request Sample Report: Tea has been very popular in the emerging market, owing to prevalence of tea culture. Furthermore, growth in health awareness and increase in the disposable income has aided the tea market growth. Moreover, introduction of additional healthy ingredients in tea by different market players are some other factors that drive the growth of the market.

  3. Tea Market

  4. Key Players The players in the tea industry have adopted business expansion as their key development strategy to increase profitability, and to improve stance in the tea market share. The key players have also relied on product launch to improve their product portfolio and stay relevant in the global market. The key players profiled in the report include Associated British Foods Plc., Barry's Tea Limited, Hain Celestial Group, Inc, ITO EN, Ltd., Mcleod Russel India Limited, Nestle S.A., TaeTea, Tata Global Beverages, The Republic of Tea, Inc., And Unilever Group.

  5. Key Benefits For Stakeholders • The report provides a quantitative analysis of the current tea market trends, estimations, and dynamics of the market size from 2018 to 2026 to identify the prevailing opportunities. Porter’s five forces analysis highlights the potency of the buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network. In-depth analysis and the market size and segmentation assists in determining the prevailing tea market opportunities. The major countries in each region are mapped according to their revenue contribution to the global market. The market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of the market players in the industry. • • • •

  6. Tea Market Key Segments: By Packaging By Type By Distribution Channel By Application • Green Tea • Black Tea • Oolong Tea • Herbal/Fruit Tea • Others • Plastic Containers • Loose Tea • Paperboards • Aluminum Tins • Tea Bags • Supermarkets/H ypermarkets • Specialty Stores • Convenience Stores • Online Stores • Others • Residential • Commercial

  7. By Region • • North America o U.S. o Canada o Mexico Europe o UK o Germany o France o Italy o Spain o Russia o Rest of the Europe Asia-Pacific o China o India o Japan o Korea o Australia o Pakistan o Rest of the Asia-Pacific LAMEA o Brazil o South Africa o Turkey o KSA o Egypt o Rest of the LAMEA • •

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