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Global Tea Market Insights and Forecast to 2028
SKU ID : QYR-20112006 | Publishing Date : 20-Jan-2022 | No. of pages : 107
Tea is an aromatic beverage commonly prepared by pouring hot or boiling water over cured leaves of the Camellia sinensis.
Market Analysis and Insights: Global Tea Market
Due to the COVID-19 pandemic, the global Tea market size is estimated to be worth US$ 109200 million in 2022 and is forecast to a readjusted size of US$ 158440 million by 2028 with a CAGR of 6.4% during the review period. Fully considering the economic change by this health crisis, Green Tea accounting for % of the Tea global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Retailer segment is altered to an % CAGR throughout this forecast period.
Lipton (Unilever), Tetley (Tata Global Beverages), Twinings (ABF), Taetea Group, Tieguanyin Group, Tazo (Unilever), The Republic of Tea, Yorkshire Tea, Dilmah, Bamatea, Chinatea, etc. are the key suppliers in the global Tea market.
Top 5 only took up 9.42% of the global market in 2018.
China was the largest in this market, which was accounted for a market share of 36% in 2018, and it will enlarge continually in the next few years. Europe and the United States are also important markets.
Global Tea Scope and Segment
Tea market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Tea market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Green Tea
Black Tea
Oolong Tea
Dark Tea
Others
Segment by Application
Retailer
Food Service
By Company
Lipton (Unilever)
Tetley (Tata Global Beverages)
Twinings (ABF)
Taetea Group
Tieguanyin Group
Tazo (Unilever)
The Republic of Tea
Yorkshire Tea
Dilmah
Bamatea
Chinatea
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Market Analysis and Insights: Global Tea Market
Due to the COVID-19 pandemic, the global Tea market size is estimated to be worth US$ 109200 million in 2022 and is forecast to a readjusted size of US$ 158440 million by 2028 with a CAGR of 6.4% during the review period. Fully considering the economic change by this health crisis, Green Tea accounting for % of the Tea global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Retailer segment is altered to an % CAGR throughout this forecast period.
Lipton (Unilever), Tetley (Tata Global Beverages), Twinings (ABF), Taetea Group, Tieguanyin Group, Tazo (Unilever), The Republic of Tea, Yorkshire Tea, Dilmah, Bamatea, Chinatea, etc. are the key suppliers in the global Tea market.
Top 5 only took up 9.42% of the global market in 2018.
China was the largest in this market, which was accounted for a market share of 36% in 2018, and it will enlarge continually in the next few years. Europe and the United States are also important markets.
Global Tea Scope and Segment
Tea market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Tea market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Green Tea
Black Tea
Oolong Tea
Dark Tea
Others
Segment by Application
Retailer
Food Service
By Company
Lipton (Unilever)
Tetley (Tata Global Beverages)
Twinings (ABF)
Taetea Group
Tieguanyin Group
Tazo (Unilever)
The Republic of Tea
Yorkshire Tea
Dilmah
Bamatea
Chinatea
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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