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Global tea market size is expected to reach $70.19 Bn by 2028 at a rate of 5.8%, segmented as by type, green tea, black tea, oolong tea, fruit or herbal tea, other types
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Tea Global Market Report 2024 Global Forecast 2024 – 2033 Market Size, Drivers, And Trends Top Market Research Firm 2023! We are honored to be listed as a top company at the forefront of research, by the Business Management Review © The Business Research Company. All Rights Reserved.
Tea Market Segments The Business Research Company segments the tea market report as: Green Tea, Black Tea, Oolong Tea, Fruit Or Herbal Tea, Other Types By Source By Technology Plastic Containers, Loose Tea, Paper Boards, Aluminum Tins, Tea Bags By Form By Packaging By Application By Distribution Channel Super Markets Or Hyper Markets, Special Stores, Convenience Stores, Online Stores, Other Distribution Channels . Residential, Commercial By Application . . . © The Business Research Company. All Rights Reserved.
Market Statistics The tea market size has grown strongly in recent years. It will grow from $52.74 billion in 2023 to $56.12 billion in 2024 at a compound annual growth rate (CAGR) of 6.4%. The tea market size is expected to see strong growth in the next few years. It will grow to $70.19 billion in 2028 at a compound annual growth rate (CAGR) of 5.8%. $70.19 B $56.12 B $52.74 B Click Here To Get A Sample Report © The Business Research Company. All Rights Reserved.
Key Market Drivers And Trends Drivers The growing demand for herbal tea is expected to propel the growth of the tea market going forward. Trends Major companies operating in the tea market are focused on developing new product innovations, such as specialty iced teas, to strengthen their position in the market. Region Asia-Pacific was the largest region in the tea market in 2023. Europe is expected to be the fastest-growing region in the global tea market report during the forecast period. The regions covered in the tea market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. © The Business Research Company. All Rights Reserved.
Top Players In The Market Major companies operating in the tea market report are Nestlé S.A., Unilever PLC, Associated British Foods plc, ITO EN Ltd., Hain Celestial Group Inc., Godrej Consumer Products Limited, Tata Global Beverages Limited, Twinings of London Ltd., McLeod Russel India Limited, Tazo Tea Company, RC Bigelow Inc., DavidsTea Inc., Yorkshire Tea Ltd., Barry's Tea Limited, Traditional Medicinals LLC, Rishi Tea & Botanicals, Celestial Seasonings Inc., Harney & Sons Fine Teas, The Republic of Tea Inc., Dilmah Ceylon Tea Company PLC, Apeejay Surrendra Group Limited, Typhoo Group Limited, M.M. Ispahani Limited, The Jasmine Pearl Tea Company, Mighty Leaf Tea, The Tea Spot, Big Heart Tea Company, Taetea Group Co Ltd., Numi Organic Tea, Teavana Corporation Get More Information On The Market Report © The Business Research Company. All Rights Reserved.
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