Global Tea Market 2024

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Projections for the global tea market suggest a promising growth trajectory, with an anticipated rise of USD 42.0 billion and a compound annual growth rate (CAGR) nearing 6.2% over the next five years. Globally, the tea market benefits from increasing awareness of tea’s health benefits, such as its antioxidant and stress-relieving properties. The rise of functional and specialty teas is reshaping market dynamics, while sustainability efforts, including fair trade and organic certifications, are becoming pivotal to consumer decision-making. E-commerce is also playing a significant role in expanding market reach.

This report presents a detailed overview of the global tea industry, including key data on historical market size, growth rates, and future trends. It offers an in-depth analysis of different market segments, paying close attention to factors like product type, packaging, distribution channel and region. This detailed analysis supports the identification of growth opportunities within the tea industry.


Market Segmentation


The global tea market is structured as follows:
Product type: black tea, fruit & herbal tea, green tea, instant tea, others
Packaging: flexible packaging, paper containers, others (glass, metal, etc.)
Distribution channel: convenience stores, supermarkets and hypermarkets, discounters, food & drinks stores, grocery stores, health and beauty stores, foodservice channels, e-commerce, others
Region: Asia Pacific, Europe, Latin America, Middle East and Africa, North America

The global market for tea is divided based on product type, packaging, distribution channel and region. By product type, the market features black tea, fruit & herbal tea, green tea, instant tea, and others. Packaging categories include flexible packaging, paper containers, and others (glass, metal, etc.). Distribution channel segmentation includes convenience stores, supermarkets and hypermarkets, discounters, food & drinks stores, grocery stores, health and beauty stores, foodservice channels, e-commerce, and others. Geographically, the market is divided into Asia Pacific, Europe, Latin America, Middle East and Africa and North America.


Competitive Landscape


Leading companies in the tea market comprise Lipton Teas and Infusions, Tata Consumer Products Ltd., Associated British Foods plc, Unilever PLC, Teekanne GmbH & CO. kg, Yunnan Taetea Tea Industry Group Co. Ltd (TaeTea Group), Greenfield Tea Ltd., Zhejiang Xiangpiaopiao Co. Ltd., Cay Isletmeleri Genel Mudurlugu, The Coca-Cola Company, Laurens Spethmann Holding AG & Co. KG, Tapal Tea (Pvt.) Ltd., Bama Tea Co. Ltd., East West Tea Company LLC, Ito En Ltd., Ahmad Tea Ltd., Guangdong Strong Group Company Ltd., Mai Kompanya OAO, China Tea Co. Ltd. (COFCO Corporation), JDE Peet’s N.V., Beijing Zhangyiyuan Beverage Co. Ltd., RC Bigelow Inc., Gujarat Tea Processors and Packers Limited, Bettys & Taylors Group Ltd., Badawy Group For Food Industries, M. M. Ispahani Limited, Orimi Trade OOO, Ten Fu Group, AMS Baeshen & Co., Beta Gida Sanayi Ve Ticaret AS, Akbar Brothers Ltd., Azersun Holding MMC, Cambiaso Hnos S.A.C, Dogus Cay AS, Traditional Medicinals, The Hain Celestial Group Inc., Beijing Wuyutai Tea Co. Ltd., Herbapol Lublin S.A., Beijing Xiaoguan Tea Co. Ltd. and Avi Ltd.

The report provides a detailed assessment of prominent companies within the tea market, tracking their performance from 2019 to 2023. Insights reveal fluctuations in market share, highlighting both veteran leaders and emerging players.


Why Buy This Report?


Obtain precise statistical data and forecasts for the global tea market.
Gain in-depth analysis and forecasts for the key segments of the global tea market: product type, packaging, distribution channel and region.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the global tea market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the global tea market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
A single unlimited user license within the same organization, with no additional charges for extra users.


Table of Contents


TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Global Tea Market – Product Type Analysis
Global Tea Market – Packaging Analysis
Global Tea Market – Distribution Channel Analysis
Global Tea Market – Region Analysis
Key Players and Market Share
– Lipton Teas and Infusions
– Tata Consumer Products Ltd.
– Associated British Foods plc
– Unilever PLC
– Teekanne GmbH & CO. kg
– Yunnan Taetea Tea Industry Group Co., Ltd (TaeTea Group)
– Greenfield Tea Ltd.
– Zhejiang Xiangpiaopiao Co., Ltd.
– Cay Isletmeleri Genel Mudurlugu

Macroeconomic Data and Forecast
Disclaimer

FIGURES AND TABLES
Table Global Tea Market 2019-2029
Chart Global Tea Market, Net Growth, 2019-2029
Chart Global Tea Market, Growth Rates, 2019-2029
Table Global Tea Market by Product Type, 2019-2029
Chart Global Tea Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Global Tea Market by Product Type, 2019-2029
Table Global Tea Market by Packaging, 2019-2029
Chart Global Tea Market by Packaging, CAGR Historic and Forecast, 2019-2029
Chart Global Tea Market by Packaging, 2019-2029
Table Global Tea Market by Distribution Channel, 2019-2029
Chart Global Tea Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Global Tea Market by Distribution Channel, 2019-2029
Table Global Tea Market by Region, 2019-2029
Chart Global Tea Market by Region, CAGR Historic and Forecast, 2019-2029
Chart Global Tea Market by Region, 2019-2029
Table Global Tea Market Share (%), by Companies, 2019-2023
Chart Global Tea Market, by Companies, 2023
Table Global Tea Market Share (%), by Brands, 2019-2023
Chart Global Tea Market, by Brands, 2023
Table Global – Population (Millions) and Forecast
Table Global – Consumer Price Index (CPI) and Forecast
Table Global – Gross Domestic Product and Forecast
Table Global Tea Market: Spend as a Proportion of GDP (%)
Table Global Tea Market: Consumption per Capita (Population)


Companies Mentioned


Lipton Teas and Infusions
Tata Consumer Products Ltd.
Associated British Foods plc
Unilever PLC
Teekanne GmbH & CO. kg
Yunnan Taetea Tea Industry Group Co., Ltd (TaeTea Group)
Greenfield Tea Ltd.
Zhejiang Xiangpiaopiao Co., Ltd.
Cay Isletmeleri Genel Mudurlugu
The Coca-Cola Company
Laurens Spethmann Holding AG & Co. KG
Tapal Tea (Pvt.) Ltd.
Bama Tea Co., Ltd.
East West Tea Company, LLC
Ito En, Ltd.
Ahmad Tea Ltd.
Guangdong Strong Group Company Ltd.
Mai Kompanya OAO
China Tea Co., Ltd. (COFCO Corporation)
JDE Peet’s N.V.
Beijing Zhangyiyuan Beverage Co., Ltd.
RC Bigelow Inc.
Gujarat Tea Processors and Packers Limited
Bettys & Taylors Group Ltd.
Badawy Group For Food Industries
M. M. Ispahani Limited
Orimi Trade OOO
Ten Fu Group
AMS Baeshen & Co.
Beta Gida Sanayi Ve Ticaret AS
Akbar Brothers Ltd.
Azersun Holding MMC
Cambiaso Hnos S.A.C
Dogus Cay AS
Traditional Medicinals
The Hain Celestial Group, Inc.
Beijing Wuyutai Tea Co., Ltd.
Herbapol Lublin S.A.
Beijing Xiaoguan Tea Co., Ltd.
Avi Ltd.


Product Type

Industry Statistics

Region

Global

Published Date

2024

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