Global Tea Market 2022-2026

Description

List of Tables

Technavio has been monitoring the tea market and it is poised to grow by $19.48 bn during 2022-2026, accelerating at a CAGR of 5.55% during the forecast period. Our report on the tea market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis of the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by new product launches, functional benefits of tea, and a rapid rise in consumption of green tea.

The tea market analysis includes the product segment and geographic landscape.

Technavio's tea market is segmented as below:

By Product

Black tea
Green tea
Others

By Geographical Landscape

APAC
Europe
North America
South America
Middle East and Africa

This study identifies the premiumization of functional tea products as one of the prime reasons driving the tea market growth during the next few years. Also, the growing popularity of purple tea and the growing demand for organic tea products will lead to sizable demand in the market.

Technavio presents a detailed picture of the market through study, synthesis, and summation of data from multiple sources by analyzing key parameters. Our report on the tea market covers the following areas:

Tea market sizing
Tea market forecast
Tea market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading tea market vendors that include Apeejay Surrendra Group, Akbar Brothers Pvt Ltd, Associated British Foods Plc, Barrys Tea, Davids Tea Inc., Fukujuen Co. Ltd., Godrej and Boyce Manufacturing Co. Ltd., Harney and Sons Fine Teas, ITO EN Ltd., M.M.Ispahani LTD., Mcleod Russel India Ltd., Mighty Leaf Tea Canada, Nestle SA, Numi Inc., Tata Consumer Products Ltd., The Hain Celestial Group Inc., The Republic of Tea Inc., Tim Hortons USA Inc., Unilever PLC, WISSOTZKY INC, and Yunnan Dayi Tea Industry Group Co. Ltd. Also, the tea market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all future growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market through study, synthesis, and summation of data from multiple sources by analyzing key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR40978

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Product
Exhibit 06: Executive Summary - Chart on Incremental Growth
Exhibit 07: Executive Summary - Data Table on Incremental Growth
Exhibit 08: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 09: Parent market
Exhibit 10: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 11: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 12: Market segments
3.3 Market size 2021
3.4 Market outlook: Forecast for 2021-2026
Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ billion)
Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ billion)
Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

4.1 Five forces summary
Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
4.2 Bargaining power of buyers
Exhibit 18: Chart on Bargaining power of buyers - Impact of key factors 2021 and 2026
4.3 Bargaining power of suppliers
Exhibit 19: Bargaining power of suppliers - Impact of key factors in 2021 and 2026
4.4 Threat of new entrants
Exhibit 20: Threat of new entrants - Impact of key factors in 2021 and 2026
4.5 Threat of substitutes
Exhibit 21: Threat of substitutes - Impact of key factors in 2021 and 2026
4.6 Threat of rivalry
Exhibit 22: Threat of rivalry - Impact of key factors in 2021 and 2026
4.7 Market condition
Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Product

5.1 Market segments
Exhibit 24: Chart on Product - Market share 2021-2026 (%)
Exhibit 25: Data Table on Product - Market share 2021-2026 (%)
5.2 Comparison by Product
Exhibit 26: Chart on Comparison by Product
Exhibit 27: Data Table on Comparison by Product
5.3 Black tea - Market size and forecast 2021-2026
Exhibit 28: Chart on Black tea - Market size and forecast 2021-2026 ($ billion)
Exhibit 29: Data Table on Black tea - Market size and forecast 2021-2026 ($ billion)
Exhibit 30: Chart on Black tea - Year-over-year growth 2021-2026 (%)
Exhibit 31: Data Table on Black tea - Year-over-year growth 2021-2026 (%)
5.4 Green tea - Market size and forecast 2021-2026
Exhibit 32: Chart on Green tea - Market size and forecast 2021-2026 ($ billion)
Exhibit 33: Data Table on Green tea - Market size and forecast 2021-2026 ($ billion)
Exhibit 34: Chart on Green tea - Year-over-year growth 2021-2026 (%)
Exhibit 35: Data Table on Green tea - Year-over-year growth 2021-2026 (%)
5.5 Others - Market size and forecast 2021-2026
Exhibit 36: Chart on Others - Market size and forecast 2021-2026 ($ billion)
Exhibit 37: Data Table on Others - Market size and forecast 2021-2026 ($ billion)
Exhibit 38: Chart on Others - Year-over-year growth 2021-2026 (%)
Exhibit 39: Data Table on Others - Year-over-year growth 2021-2026 (%)
5.6 Market opportunity by Product
Exhibit 40: Market opportunity by Product ($ billion)

6 Customer Landscape

6.1 Customer landscape overview
Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

7.1 Geographic segmentation
Exhibit 42: Chart on Market share By Geographical Landscape 2021-2026 (%)
Exhibit 43: Data Table on Market share By Geographical Landscape 2021-2026 (%)
7.2 Geographic comparison
Exhibit 44: Chart on Geographic comparison
Exhibit 45: Data Table on Geographic comparison
7.3 APAC - Market size and forecast 2021-2026
Exhibit 46: Chart on APAC - Market size and forecast 2021-2026 ($ billion)
Exhibit 47: Data Table on APAC - Market size and forecast 2021-2026 ($ billion)
Exhibit 48: Chart on APAC - Year-over-year growth 2021-2026 (%)
Exhibit 49: Data Table on APAC - Year-over-year growth 2021-2026 (%)
7.4 Europe - Market size and forecast 2021-2026
Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ billion)
Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ billion)
Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)
7.5 North America - Market size and forecast 2021-2026
Exhibit 54: Chart on North America - Market size and forecast 2021-2026 ($ billion)
Exhibit 55: Data Table on North America - Market size and forecast 2021-2026 ($ billion)
Exhibit 56: Chart on North America - Year-over-year growth 2021-2026 (%)
Exhibit 57: Data Table on North America - Year-over-year growth 2021-2026 (%)
7.6 South America - Market size and forecast 2021-2026
Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ billion)
Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ billion)
Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)
7.7 Middle East and Africa - Market size and forecast 2021-2026
Exhibit 62: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
Exhibit 63: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
Exhibit 64: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
Exhibit 65: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
7.8 China - Market size and forecast 2021-2026
Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ billion)
Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ billion)
Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)
7.9 Japan - Market size and forecast 2021-2026
Exhibit 70: Chart on Japan - Market size and forecast 2021-2026 ($ billion)
Exhibit 71: Data Table on Japan - Market size and forecast 2021-2026 ($ billion)
Exhibit 72: Chart on Japan - Year-over-year growth 2021-2026 (%)
Exhibit 73: Data Table on Japan - Year-over-year growth 2021-2026 (%)
7.10 India - Market size and forecast 2021-2026
Exhibit 74: Chart on India - Market size and forecast 2021-2026 ($ billion)
Exhibit 75: Data Table on India - Market size and forecast 2021-2026 ($ billion)
Exhibit 76: Chart on India - Year-over-year growth 2021-2026 (%)
Exhibit 77: Data Table on India - Year-over-year growth 2021-2026 (%)
7.11 US - Market size and forecast 2021-2026
Exhibit 78: Chart on US - Market size and forecast 2021-2026 ($ billion)
Exhibit 79: Data Table on US - Market size and forecast 2021-2026 ($ billion)
Exhibit 80: Chart on US - Year-over-year growth 2021-2026 (%)
Exhibit 81: Data Table on US - Year-over-year growth 2021-2026 (%)
7.12 Germany - Market size and forecast 2021-2026
Exhibit 82: Chart on Germany - Market size and forecast 2021-2026 ($ billion)
Exhibit 83: Data Table on Germany - Market size and forecast 2021-2026 ($ billion)
Exhibit 84: Chart on Germany - Year-over-year growth 2021-2026 (%)
Exhibit 85: Data Table on Germany - Year-over-year growth 2021-2026 (%)
7.13 Market opportunity By Geographical Landscape
Exhibit 86: Market opportunity By Geographical Landscape ($ billion)

8 Drivers, Challenges, and Trends

8.1 Market drivers
8.2 Market challenges
8.3 Impact of drivers and challenges
Exhibit 87: Impact of drivers and challenges in 2021 and 2026
8.4 Market trends

9 Vendor Landscape

9.1 Overview
9.2 Vendor landscape
Exhibit 88: Overview on Criticality of inputs and Factors of differentiation
9.3 Landscape disruption
Exhibit 89: Overview on factors of disruption
9.4 Industry risks
Exhibit 90: Impact of key risks on business

10 Vendor Analysis

10.1 Vendors covered
Exhibit 91: Vendors covered
10.2 Market positioning of vendors
Exhibit 92: Matrix on vendor position and classification
10.3 Associated British Foods Plc
Exhibit 93: Associated British Foods Plc - Overview
Exhibit 94: Associated British Foods Plc - Business segments
Exhibit 95: Associated British Foods Plc - Key offerings
Exhibit 96: Associated British Foods Plc - Segment focus
10.4 Barrys Tea
Exhibit 97: Barrys Tea - Overview
Exhibit 98: Barrys Tea - Product / Service
Exhibit 99: Barrys Tea - Key offerings
10.5 ITO EN Ltd.
Exhibit 100: ITO EN Ltd. - Overview
Exhibit 101: ITO EN Ltd. - Business segments
Exhibit 102: ITO EN Ltd. - Key offerings
Exhibit 103: ITO EN Ltd. - Segment focus
10.6 Mcleod Russel India Ltd.
Exhibit 104: Mcleod Russel India Ltd. - Overview
Exhibit 105: Mcleod Russel India Ltd. - Product / Service
Exhibit 106: Mcleod Russel India Ltd. - Key offerings
10.7 Nestle SA
Exhibit 107: Nestle SA - Overview
Exhibit 108: Nestle SA - Business segments
Exhibit 109: Nestle SA - Key news
Exhibit 110: Nestle SA - Key offerings
Exhibit 111: Nestle SA - Segment focus
10.8 Tata Consumer Products Ltd.
Exhibit 112: Tata Consumer Products Ltd. - Overview
Exhibit 113: Tata Consumer Products Ltd. - Product / Service
Exhibit 114: Tata Consumer Products Ltd. - Key news
Exhibit 115: Tata Consumer Products Ltd. - Key offerings
10.9 The Hain Celestial Group Inc.
Exhibit 116: The Hain Celestial Group Inc. - Overview
Exhibit 117: The Hain Celestial Group Inc. - Business segments
Exhibit 118: The Hain Celestial Group Inc. - Key news
Exhibit 119: The Hain Celestial Group Inc. - Key offerings
Exhibit 120: The Hain Celestial Group Inc. - Segment focus
10.10 The Republic of Tea Inc.
Exhibit 121: The Republic of Tea Inc. - Overview
Exhibit 122: The Republic of Tea Inc. - Product / Service
Exhibit 123: The Republic of Tea Inc. - Key offerings
10.11 Unilever PLC
Exhibit 124: Unilever PLC - Overview
Exhibit 125: Unilever PLC - Business segments
Exhibit 126: Unilever PLC - Key news
Exhibit 127: Unilever PLC - Key offerings
Exhibit 128: Unilever PLC - Segment focus
10.12 Yunnan Dayi Tea Industry Group Co. Ltd
Exhibit 129: Yunnan Dayi Tea Industry Group Co. Ltd - Overview
Exhibit 130: Yunnan Dayi Tea Industry Group Co. Ltd - Product / Service
Exhibit 131: Yunnan Dayi Tea Industry Group Co. Ltd - Key offerings

11 Appendix

11.1 Scope of the report
11.2 Inclusions and exclusions checklist
Exhibit 132: Inclusions checklist
Exhibit 133: Exclusions checklist
11.3 Currency conversion rates for US$
Exhibit 134: Currency conversion rates for US$
11.4 Research methodology
Exhibit 135: Research methodology
Exhibit 136: Validation techniques employed for market sizing
Exhibit 137: Information sources
11.5 List of abbreviations
Exhibit 138: List of abbreviations