Summary – A new market study,“Global Tea Market 2019 by Manufacturers, Countries, Type and Application, Forecast to 2019”has been featured on WiseGuyReports.
Tea is globally the most popular beverage obtained from Camellia sinensis plant leaves. It is known to be originated in China, and is majorly grown in four countries, China, India, Kenya, and Sri Lanka. It offers various health benefits owing to presence of polyphenols working as antioxidants, vitamins, trace minerals, and different amino acids resulting in stronger immunity, lower cholesterol, increased metabolism, prevention of cancer, and more. In addition, presence of small amount of caffeine makes tea a mild stimulant preventing fatigue.
The global tea market is majorly driven by the health benefits associated with consuming tea and increase in awareness related to carbonated drinks among people. Moreover, increase in caf culture, rise in disposable income, change in tastes of people, and introduction of additional healthy ingredients in tea by different market players are the other factors that fuel the market growth. However, increase in cost of raw materials due to unpredictable weather, rise in cost of agricultural inputs, and increase in trend of out-of-home coffee consumption are expected to limit growth of the tea market. The introduction of new flavors & variety in tea and growth in demand from health-concerned young population are anticipated to provide lucrative opportunities for the market.
APAC is expected to be the largest revenue contributor to the global tea industry throughout the forecast period. Tea is consumed frequently in this region, and consumers prefer to drink tea multiple times a day. The high consumption of tea has been influenced by the introduction of new flavors and numerous health benefits. With the availability of a skilled workforce, the region is also a major producer and exporter of tea to many countries across the globe.
The global Tea market is valued at 44000 million US$ in 2018 is expected to reach 66500 million US$ by the end of 2025, growing at a CAGR of 5.3% during 2019-2025.
This report focuses on Tea volume and value at global level, regional level and company level. From a global perspective, this report represents overall Tea market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
Starbucks
Kusmi Tea
Associated British Foods
Peet’s Coffee & Tea
Unilever
...
Segment by Regions
North America
Europe
China
Japan
Segment by Type
Green Tea
Black Tea
Oolong Tea
Fruit/Herbal Tea
Others
Segment by Application
Supermarkets/Hypermarkets
Specialty Stores
Convenience Stores
Online Stores
Others
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The scope of the global Tea Market was appreciated at US$ 12.63 billion in 2018.
The range is projected to touch US$ 18.42 billion by 2025, growing at a CAGR of 5.5% for the duration of the forecast.
Request free sample to get a complete analysis of top-performing companies @ https://www.millioninsights.com/industry-reports/tea-market/request-sample Key Players:Unilever,Tata Global beverages,Bettys & Taylors Group Ltd.,ITO EN Inc.,McLeod Russel,Apeejay surrendra Group Growth Drivers: Tea production as well as consumption have always held a strong correlation.
FAO (Food and Agricultural Organization of the United Nations) states that production of tea did witness a yearly rise of 4.4% from 2007 to 2016.
The same trend is expected to continue in the next 5-7 years as well.
Moreover, these imports come from Asian economies like Sri Lanka, India, China, and African economies like Kenya.
These areas are some of the best places in the world to enjoy a leisurely cup of coffee in the morning when the sun is rising.Of course, Africa is not the only place where you can get most expensive coffees.
South America offers some exotic locales that are known for their strong flavors that cannot be found anywhere else.
Kona coffee is a special blend from this part of the world that is famous because of its unique and intense flavor that comes from the coffee beans that are grown in the fertile Andes Mountains.Luwak coffee is a sweet coffee that comes from Sri Lanka.
When you have a sip of this amazing luck it will surely leave an unforgettable impression in your mouth.
If you have been living on planet earth for years and have not tried this coffee yet then you are missing out.
The quality of arabica beans makes them perfect for making the most expensive coffee.
