Global Tea Market 2023-2027

Description

List of Tables

The tea market is forecasted to grow by USD 20.5 bn during 2022-2027, accelerating at a CAGR of 5.55% during the forecast period. The 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 regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by new product launches, the functional benefits of tea, and the rapid rise in the consumption of green tea.

Technavio's tea market is segmented as below:

By Product

Black tea
Green tea
Others

By Distribution Channel

Offline
Online

By Geographical Landscape

APAC
Europe
North America
South America
Middle East and Africa

This study identifies the premiumization of 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.

The report on the tea market covers the following areas:

Tea market sizing
Tea market forecast
Tea market industry analysis

The 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 Akbar Brothers Pvt. Ltd., Apeejay Surrendra Group, Associated British Foods Plc, DAVIDsTEA Inc., ekaterra, Fukujuen Co. Ltd., Godrej and Boyce Manufacturing Co. Ltd., Harney and Sons Fine Teas, ITO EN Ltd., M.M.Ispahani LTD., Mighty Leaf Tea Canada, Nestle SA, Numi Inc., Restaurant Brands International Inc., Tata Consumer Products Ltd., The Hain Celestial Group Inc., The Republic of Tea Inc., Williamson Magor and Co. Ltd., Yunnan Dayi Tea Industry Group Co. Ltd., and Barrys Tea. 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 forthcoming 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.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of 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. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the 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 Market Segmentation by Distribution Channel
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global tea market 2017 - 2021
Exhibit 18: Historic Market Size - Data Table on global tea market 2017 - 2021 ($ billion)
4.2 Product Segment Analysis 2017 - 2021
Exhibit 19: Historic Market Size - Product Segment 2017 - 2021 ($ billion)
4.3 Distribution Channel Segment Analysis 2017 - 2021
Exhibit 20: Historic Market Size - Distribution Channel Segment 2017 - 2021 ($ billion)
4.4 Geography Segment Analysis 2017 - 2021
Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 ($ billion)
4.5 Country Segment Analysis 2017 - 2021
Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Product

6.1 Market segments
Exhibit 30: Chart on Product - Market share 2022-2027 (%)
Exhibit 31: Data Table on Product - Market share 2022-2027 (%)
6.2 Comparison by Product
Exhibit 32: Chart on Comparison by Product
Exhibit 33: Data Table on Comparison by Product
6.3 Black tea - Market size and forecast 2022-2027
Exhibit 34: Chart on Black tea - Market size and forecast 2022-2027 ($ billion)
Exhibit 35: Data Table on Black tea - Market size and forecast 2022-2027 ($ billion)
Exhibit 36: Chart on Black tea - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Black tea - Year-over-year growth 2022-2027 (%)
6.4 Green tea - Market size and forecast 2022-2027
Exhibit 38: Chart on Green tea - Market size and forecast 2022-2027 ($ billion)
Exhibit 39: Data Table on Green tea - Market size and forecast 2022-2027 ($ billion)
Exhibit 40: Chart on Green tea - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Green tea - Year-over-year growth 2022-2027 (%)
6.5 Others - Market size and forecast 2022-2027
Exhibit 42: Chart on Others - Market size and forecast 2022-2027 ($ billion)
Exhibit 43: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
Exhibit 44: Chart on Others - Year-over-year growth 2022-2027 (%)
Exhibit 45: Data Table on Others - Year-over-year growth 2022-2027 (%)
6.6 Market opportunity by Product
Exhibit 46: Market opportunity by Product ($ billion)
Exhibit 47: Data Table on Market opportunity by Product ($ billion)

7 Market Segmentation by Distribution Channel

7.1 Market segments
Exhibit 48: Chart on Distribution Channel - Market share 2022-2027 (%)
Exhibit 49: Data Table on Distribution Channel - Market share 2022-2027 (%)
7.2 Comparison by Distribution Channel
Exhibit 50: Chart on Comparison by Distribution Channel
Exhibit 51: Data Table on Comparison by Distribution Channel
7.3 Offline - Market size and forecast 2022-2027
Exhibit 52: Chart on Offline - Market size and forecast 2022-2027 ($ billion)
Exhibit 53: Data Table on Offline - Market size and forecast 2022-2027 ($ billion)
Exhibit 54: Chart on Offline - Year-over-year growth 2022-2027 (%)
Exhibit 55: Data Table on Offline - Year-over-year growth 2022-2027 (%)
7.4 Online - Market size and forecast 2022-2027
Exhibit 56: Chart on Online - Market size and forecast 2022-2027 ($ billion)
Exhibit 57: Data Table on Online - Market size and forecast 2022-2027 ($ billion)
Exhibit 58: Chart on Online - Year-over-year growth 2022-2027 (%)
Exhibit 59: Data Table on Online - Year-over-year growth 2022-2027 (%)
7.5 Market opportunity by Distribution Channel
Exhibit 60: Market opportunity by Distribution Channel ($ billion)
Exhibit 61: Data Table on Market opportunity by Distribution Channel ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 63: Chart on Market share By Geographical Landscape 2022-2027 (%)
Exhibit 64: Data Table on Market share By Geographical Landscape 2022-2027 (%)
9.2 Geographic comparison
Exhibit 65: Chart on Geographic comparison
Exhibit 66: Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2022-2027
Exhibit 67: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
Exhibit 68: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
Exhibit 69: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 70: Data Table on APAC - Year-over-year growth 2022-2027 (%)
9.4 Europe - Market size and forecast 2022-2027
Exhibit 71: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
Exhibit 72: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
Exhibit 73: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 74: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.5 North America - Market size and forecast 2022-2027
Exhibit 75: Chart on North America - Market size and forecast 2022-2027 ($ billion)
Exhibit 76: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
Exhibit 77: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 78: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.6 South America - Market size and forecast 2022-2027
Exhibit 79: Chart on South America - Market size and forecast 2022-2027 ($ billion)
Exhibit 80: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
Exhibit 81: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 82: Data Table on South America - Year-over-year growth 2022-2027 (%)
9.7 Middle East and Africa - Market size and forecast 2022-2027
Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
9.8 China - Market size and forecast 2022-2027
Exhibit 87: Chart on China - Market size and forecast 2022-2027 ($ billion)
Exhibit 88: Data Table on China - Market size and forecast 2022-2027 ($ billion)
Exhibit 89: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 90: Data Table on China - Year-over-year growth 2022-2027 (%)
9.9 India - Market size and forecast 2022-2027
Exhibit 91: Chart on India - Market size and forecast 2022-2027 ($ billion)
Exhibit 92: Data Table on India - Market size and forecast 2022-2027 ($ billion)
Exhibit 93: Chart on India - Year-over-year growth 2022-2027 (%)
Exhibit 94: Data Table on India - Year-over-year growth 2022-2027 (%)
9.10 Germany - Market size and forecast 2022-2027
Exhibit 95: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
Exhibit 96: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
Exhibit 97: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibit 98: Data Table on Germany - Year-over-year growth 2022-2027 (%)
9.11 UK - Market size and forecast 2022-2027
Exhibit 99: Chart on UK - Market size and forecast 2022-2027 ($ billion)
Exhibit 100: Data Table on UK - Market size and forecast 2022-2027 ($ billion)
Exhibit 101: Chart on UK - Year-over-year growth 2022-2027 (%)
Exhibit 102: Data Table on UK - Year-over-year growth 2022-2027 (%)
9.12 US - Market size and forecast 2022-2027
Exhibit 103: Chart on US - Market size and forecast 2022-2027 ($ billion)
Exhibit 104: Data Table on US - Market size and forecast 2022-2027 ($ billion)
Exhibit 105: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 106: Data Table on US - Year-over-year growth 2022-2027 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 107: Market opportunity By Geographical Landscape ($ billion)
Exhibit 108: Data Tables on Market opportunity By Geographical Landscape ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 109: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 111: Overview on factors of disruption
11.4 Industry risks
Exhibit 112: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 113: Vendors covered
12.2 Market positioning of vendors
Exhibit 114: Matrix on vendor position and classification
12.3 Akbar Brothers Pvt. Ltd.
Exhibit 115: Akbar Brothers Pvt. Ltd. - Overview
Exhibit 116: Akbar Brothers Pvt. Ltd. - Product / Service
Exhibit 117: Akbar Brothers Pvt. Ltd. - Key offerings
12.4 Apeejay Surrendra Group
Exhibit 118: Apeejay Surrendra Group - Overview
Exhibit 119: Apeejay Surrendra Group - Product / Service
Exhibit 120: Apeejay Surrendra Group - Key offerings
12.5 Associated British Foods Plc
Exhibit 121: Associated British Foods Plc - Overview
Exhibit 122: Associated British Foods Plc - Business segments
Exhibit 123: Associated British Foods Plc - Key offerings
Exhibit 124: Associated British Foods Plc - Segment focus
12.6 Barrys Tea
Exhibit 125: Barrys Tea - Overview
Exhibit 126: Barrys Tea - Product / Service
Exhibit 127: Barrys Tea - Key offerings
12.7 DAVIDsTEA Inc.
Exhibit 128: DAVIDsTEA Inc. - Overview
Exhibit 129: DAVIDsTEA Inc. - Business segments
Exhibit 130: DAVIDsTEA Inc. - Key offerings
Exhibit 131: DAVIDsTEA Inc. - Segment focus
12.8 ekaterra
Exhibit 132: ekaterra - Overview
Exhibit 133: ekaterra - Product / Service
Exhibit 134: ekaterra - Key offerings
12.9 Fukujuen Co. Ltd.
Exhibit 135: Fukujuen Co. Ltd. - Overview
Exhibit 136: Fukujuen Co. Ltd. - Product / Service
Exhibit 137: Fukujuen Co. Ltd. - Key offerings
12.10 Godrej and Boyce Manufacturing Co. Ltd.
Exhibit 138: Godrej and Boyce Manufacturing Co. Ltd. - Overview
Exhibit 139: Godrej and Boyce Manufacturing Co. Ltd. - Business segments
Exhibit 140: Godrej and Boyce Manufacturing Co. Ltd. - Key offerings
Exhibit 141: Godrej and Boyce Manufacturing Co. Ltd. - Segment focus
12.11 ITO EN Ltd.
Exhibit 142: ITO EN Ltd. - Overview
Exhibit 143: ITO EN Ltd. - Business segments
Exhibit 144: ITO EN Ltd. - Key offerings
Exhibit 145: ITO EN Ltd. - Segment focus
12.12 Nestle SA
Exhibit 146: Nestle SA - Overview
Exhibit 147: Nestle SA - Business segments
Exhibit 148: Nestle SA - Key news
Exhibit 149: Nestle SA - Key offerings
Exhibit 150: Nestle SA - Segment focus
12.13 Tata Consumer Products Ltd.
Exhibit 151: Tata Consumer Products Ltd. - Overview
Exhibit 152: Tata Consumer Products Ltd. - Business segments
Exhibit 153: Tata Consumer Products Ltd. - Key news
Exhibit 154: Tata Consumer Products Ltd. - Key offerings
Exhibit 155: Tata Consumer Products Ltd. - Segment focus
12.14 The Hain Celestial Group Inc.
Exhibit 156: The Hain Celestial Group Inc. - Overview
Exhibit 157: The Hain Celestial Group Inc. - Business segments
Exhibit 158: The Hain Celestial Group Inc. - Key news
Exhibit 159: The Hain Celestial Group Inc. - Key offerings
Exhibit 160: The Hain Celestial Group Inc. - Segment focus
12.15 The Republic of Tea Inc.
Exhibit 161: The Republic of Tea Inc. - Overview
Exhibit 162: The Republic of Tea Inc. - Product / Service
Exhibit 163: The Republic of Tea Inc. - Key offerings
12.16 Williamson Magor and Co. Ltd.
Exhibit 164: Williamson Magor and Co. Ltd. - Overview
Exhibit 165: Williamson Magor and Co. Ltd. - Product / Service
Exhibit 166: Williamson Magor and Co. Ltd. - Key offerings
12.17 Yunnan Dayi Tea Industry Group Co. Ltd.
Exhibit 167: Yunnan Dayi Tea Industry Group Co. Ltd. - Overview
Exhibit 168: Yunnan Dayi Tea Industry Group Co. Ltd. - Product / Service
Exhibit 169: Yunnan Dayi Tea Industry Group Co. Ltd. - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 170: Inclusions checklist
Exhibit 171: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 172: Currency conversion rates for US$
13.4 Research methodology
Exhibit 173: Research methodology
Exhibit 174: Validation techniques employed for market sizing
Exhibit 175: Information sources
13.5 List of abbreviations
Exhibit 176: List of abbreviations