Forecasts highlight a favorable growth outlook for the Philippines tea market, with a projected increase of USD 171.9 million and a compound annual growth rate (CAGR) close to 9.6% through 2029. The Philippines’ tea market is experiencing growth due to rising consumer awareness of tea’s health benefits, particularly green and herbal teas. The expansion of bubble tea shops and cafés has introduced innovative tea formats to younger demographics. Increased imports of premium teas cater to a growing middle class with sophisticated tastes.
The report offers a comprehensive evaluation of the Philippines 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 and distribution channel. This comprehensive evaluation aids in identifying the growth potential within the tea industry.
Market Segmentation
The Philippines tea market is classified into the following segments:
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, grocery stores, foodservice channels, others
The Philippines tea market is segmented by product type, packaging and distribution channel. By product type, the market features black tea, fruit & herbal tea, green tea, instant tea, and others. Packaging segments are divided into flexible packaging, paper containers, and others (glass, metal, etc.). Distribution channel segmentation includes convenience stores, supermarkets and hypermarkets, grocery stores, foodservice channels, and others.
Competitive Landscape
The report profiles major companies, including Lipton Teas and Infusions, Gilamar Enterprises Inc., Tata Consumer Products Ltd., Herbcare Corporation, Gourmet Farms Inc., The Hain Celestial Group Inc., Associated British Foods plc, Healthy Lifestyles Mfg Corp., Kawsek Incorporated, Massimo Zanetti Beverage Group S.p.A. and George Steuart Teas (Pvt) Ltd.
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 Philippines tea market.
Gain in-depth analysis and forecasts for the key segments of the Philippines tea market: product type, packaging and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Philippines tea market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Philippines tea market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
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Table of Contents
TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Philippines Tea Market – Product Type Analysis
Philippines Tea Market – Packaging Analysis
Philippines Tea Market – Distribution Channel Analysis
Key Players and Market Share
– Lipton Teas and Infusions
– Gilamar Enterprises Inc.
– Tata Consumer Products Ltd.
– Herbcare Corporation
– Gourmet Farms, Inc.
– The Hain Celestial Group, Inc.
– Associated British Foods plc
– Healthy Lifestyles Mfg Corp.
– Kawsek Incorporated
…
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Philippines Tea Market 2019-2029
Chart Philippines Tea Market, Net Growth, 2019-2029
Chart Philippines Tea Market, Growth Rates, 2019-2029
Table Philippines Tea Market by Product Type, 2019-2029
Chart Philippines Tea Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Philippines Tea Market by Product Type, 2019-2029
Table Philippines Tea Market by Packaging, 2019-2029
Chart Philippines Tea Market by Packaging, CAGR Historic and Forecast, 2019-2029
Chart Philippines Tea Market by Packaging, 2019-2029
Table Philippines Tea Market by Distribution Channel, 2019-2029
Chart Philippines Tea Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Philippines Tea Market by Distribution Channel, 2019-2029
Table Philippines Tea Market Share (%), by Companies, 2019-2023
Chart Philippines Tea Market, by Companies, 2023
Table Philippines Tea Market Share (%), by Brands, 2019-2023
Chart Philippines Tea Market, by Brands, 2023
Table Philippines – Population (Millions) and Forecast
Table Philippines – Consumer Price Index (CPI) and Forecast
Table Philippines – Gross Domestic Product and Forecast
Table Philippines Tea Market: Spend as a Proportion of GDP (%)
Table Philippines Tea Market: Consumption per Capita (Population)
Companies Mentioned
Lipton Teas and Infusions
Gilamar Enterprises Inc.
Tata Consumer Products Ltd.
Herbcare Corporation
Gourmet Farms, Inc.
The Hain Celestial Group, Inc.
Associated British Foods plc
Healthy Lifestyles Mfg Corp.
Kawsek Incorporated
Massimo Zanetti Beverage Group S.p.A.
George Steuart Teas (Pvt) Ltd.