An incremental growth of USD 3.1 billion is forecasted for the North America tea market, which is likely to experience a CAGR of roughly 3.8% between 2024 and 2029. In North America, the tea market thrives on a surge in demand for health-oriented beverages, including green and herbal teas. Millennials and Gen Z consumers are driving the growth of ready-to-drink tea formats, emphasizing convenience and functionality. Marketing efforts highlighting tea’s antioxidant properties and sustainability credentials have also resonated strongly with consumers.
The report offers a comprehensive evaluation of the North America tea market, presenting crucial data on historical market size, growth patterns, and future projections. It provides a thorough breakdown of market segments and sub-segments, with a focus on key variables such as product type, packaging, distribution channel and country. This comprehensive evaluation aids in identifying the growth potential within the tea industry.
Market Segmentation
The North America tea market is classified into the following segments:
Product type: black tea, fruit & herbal tea, green tea, others
Packaging: flexible packaging, paper containers, others (glass, metal, etc.)
Distribution channel: supermarkets and hypermarkets, discounters, warehouse clubs, food & drinks stores, grocery stores, health and beauty stores, foodservice channels, e-commerce, others
Country: USA, Canada
The segmentation of the North America tea market product type, packaging, distribution channel and country. By product type, it includes black tea, fruit & herbal tea, green tea, and others. Packaging segments encompass flexible packaging, paper containers, and others (glass, metal, etc.). Distribution channel segmentation includes supermarkets and hypermarkets, discounters, warehouse clubs, food & drinks stores, grocery stores, health and beauty stores, foodservice channels, e-commerce, and others. Geographically, the market includes USA and Canada.
Competitive Landscape
Key players in the tea market consist of Lipton Teas and Infusions, RC Bigelow Inc., Associated British Foods plc, East West Tea Company LLC, Traditional Medicinals, The Hain Celestial Group Inc., Tata Consumer Products Ltd., Reily Foods Company, DAVIDsTEA Inc., Stash Tea Company, Steeped Tea Inc and Numi Inc.
This analysis offers a comprehensive overview of the main players in the tea market, evaluating their performance trends from 2019 to 2023. Key findings illustrate shifts in market share, identifying both dominant firms and rising competitors.
Why Buy This Report?
Obtain precise statistical data and forecasts for the North America tea market.
Gain in-depth analysis and forecasts for the key segments of the North America tea market: product type, packaging, distribution channel and country.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the North America tea market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the North America 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
North America Tea Market – Product Type Analysis
North America Tea Market – Packaging Analysis
North America Tea Market – Distribution Channel Analysis
North America Tea Market – Country Analysis
Key Players and Market Share
– Lipton Teas and Infusions
– RC Bigelow Inc.
– Associated British Foods plc
– East West Tea Company, LLC
– Traditional Medicinals
– The Hain Celestial Group, Inc.
– Tata Consumer Products Ltd.
– Reily Foods Company
– DAVIDsTEA Inc.
…
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table North America Tea Market 2019-2029
Chart North America Tea Market, Net Growth, 2019-2029
Chart North America Tea Market, Growth Rates, 2019-2029
Table North America Tea Market by Product Type, 2019-2029
Chart North America Tea Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart North America Tea Market by Product Type, 2019-2029
Table North America Tea Market by Packaging, 2019-2029
Chart North America Tea Market by Packaging, CAGR Historic and Forecast, 2019-2029
Chart North America Tea Market by Packaging, 2019-2029
Table North America Tea Market by Distribution Channel, 2019-2029
Chart North America Tea Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart North America Tea Market by Distribution Channel, 2019-2029
Table North America Tea Market by Country, 2019-2029
Chart North America Tea Market by Country, CAGR Historic and Forecast, 2019-2029
Chart North America Tea Market by Country, 2019-2029
Table North America Tea Market Share (%), by Companies, 2019-2023
Chart North America Tea Market, by Companies, 2023
Table North America Tea Market Share (%), by Brands, 2019-2023
Chart North America Tea Market, by Brands, 2023
Table North America – Population (Millions) and Forecast
Table North America – Consumer Price Index (CPI) and Forecast
Table North America – Gross Domestic Product and Forecast
Table North America Tea Market: Spend as a Proportion of GDP (%)
Table North America Tea Market: Consumption per Capita (Population)
Companies Mentioned
Lipton Teas and Infusions
RC Bigelow Inc.
Associated British Foods plc
East West Tea Company, LLC
Traditional Medicinals
The Hain Celestial Group, Inc.
Tata Consumer Products Ltd.
Reily Foods Company
DAVIDsTEA Inc.
Stash Tea Company
Steeped Tea Inc
Numi Inc.