Global Tea Market Overview, Driving Factors, Key Players and Growth Opportunities by 2026
Global Tea Market Overview, Driving Factors, Key Players and Growth Opportunities by 2026
Published by IMARC Services Private Limited
Posted on September 1, 2021
According to IMARC Group’s latest report, titled “Tea Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global tea market reached a value of US$ 21 Billion in 2020. Tea is a hot beverage that is primarily prepared by pouring hot water over cured leaves of the tea plant. Some common product variants include black tea, green tea, oolong tea, chamomile tea, etc. Tea acts as a rich source of antioxidants that aid in minimizing the risk of cardiovascular diseases, boosting immunity, enhancing digestion, maintaining bone health, aiding weight loss, etc. It is cost-effective and widely available across the globe.
The rising consumer health consciousness and growing adoption of active lifestyles are driving the global tea market. Furthermore, the elevating consumer inclination towards premium product variants and healthier alternatives, such as green tea and black tea, is also fueling the product demand. Additionally, the wide availability of several ready-to-make tea products, such as iced tea powders, milk tea powders, tea bags, bottled and canned iced tea, etc., is further catalyzing the market growth. In the coming years, the growing popularity of organic product variants that are free from chemical additives is expected to bolster the global tea market. Looking forward, IMARC Group expects the market to exhibit moderate growth during 2021-2026.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Americas: – +1 631 791 1145 | Africa and Europe: – +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
According to IMARC Group’s latest report, titled “Tea Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global tea market reached a value of US$ 21 Billion in 2020. Tea is a hot beverage that is primarily prepared by pouring hot water over cured leaves of the tea plant. Some common product variants include black tea, green tea, oolong tea, chamomile tea, etc. Tea acts as a rich source of antioxidants that aid in minimizing the risk of cardiovascular diseases, boosting immunity, enhancing digestion, maintaining bone health, aiding weight loss, etc. It is cost-effective and widely available across the globe.
The rising consumer health consciousness and growing adoption of active lifestyles are driving the global tea market. Furthermore, the elevating consumer inclination towards premium product variants and healthier alternatives, such as green tea and black tea, is also fueling the product demand. Additionally, the wide availability of several ready-to-make tea products, such as iced tea powders, milk tea powders, tea bags, bottled and canned iced tea, etc., is further catalyzing the market growth. In the coming years, the growing popularity of organic product variants that are free from chemical additives is expected to bolster the global tea market. Looking forward, IMARC Group expects the market to exhibit moderate growth during 2021-2026.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.