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1025433

Tea and Tea Based Beverages Market 2021-2027

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Tea and Tea Based Beverages Market 2021-2027
Published: July 15, 2021
Orion Market Research Pvt Ltd
Delivery time: 2-3 business days
  • Description
  • Table of Contents
  • List of Tables

Full-title:Global Tea and Tea Based Beverages Market Size, Share & Trends Analysis Report by Type (Green Tea, Black Tea, Oolong Tea, Herbal Tea), By Format (Ready-to-Drink, Loose Tea Powder, Tea Bags), and By Nature (Organic, Conventional), and Forecast (2021-2027).

The tea and tea-based beverages market is anticipated to grow at a substantial CAGR of 5.5% during the forecast period. As consumers become more aware of the origins of tea and the health benefits associated with tea and tea-based beverages, the market for tea and tea-based beverages is expected to grow at a high rate. Consumers' willingness to spend on premium and customized tea and tea-based beverages with abundant exotic flavors is expected to contribute to the global tea and tea-based beverage market's growth. Additionally, the spread of tea culture towards the West and other parts of the world is expected to boost sales of tea and tea-based beverages. However, climate change, Crop failure, and labor disputes are some of the factors that tend to limit the growth of the tea and tea-based market during the forecast period.

The global Tea and Tea Based Beverages market suffered a downfall during the COVID-19 crisis as supply chains have been affected as a result of trade restrictions, and consumption has decreased as a result of global government lockdowns. Governments imposed restrictions on the movement of goods across borders forcing manufacturers to stop production due to a scarcity of raw materials, therefore, creating a negative impact on the market. 

The global tea and tea-based beverages market is segmented based on type, format, and nature. Based on the type, the market is further classified into green tea, black tea, oolong tea, herbal tea. Based on the format, the market is further segregated into ready-to-drink, loose tea powder, tea bags. Further, based on nature, the market is classified into organic and conventional. Green tea held a significant market share among tea types due to increased awareness of its health benefits, an increase in health-conscious population, the constant growth of the online retail sector.

Geographically market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. The Asia-Pacific is projected to be the dominating region during the forecast period, attributing to the high consumption of tea in the region. China is the world's largest producer and consumer of tea. According to the International Tea Committee, the country produced approximately 2.6 million tons of tea in 2018. However, there are no internationally recognized Chinese brands in the tea market, which is a major source of concern for the Chinese government. The absence of brand power reduces margins and profitability in the international market therefore this factor hinders the growth China tea and tea-based beverages market.

Research Methodology

The market study of the global Tea and Tea Based Beverages market is incorporated by extensive primary and secondary research conducted by the research team at OMR.  Secondary research has been conducted to refine the available data to break down the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include

  • Financial reports of companies involved in the market.
  • Whitepapers, research papers, and news blogs.
  • Company websites and their product catalog.

The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

  • Global Tea and Tea Based Beverages Market Research and Analysis by Type
  • Global Tea and Tea Based Beverages Market Research and Analysis by Format
  • Global Tea and Tea Based Beverages Market Research and Analysis by Nature

The Report Covers

  • Comprehensive research methodology of the global Tea and Tea Based Beverages market.
  • This report also includes a detailed and extensive market overview with key analyst insights.
  • An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
  • Analysis of regional regulations and other government policies impacting the global Tea and Tea Based Beverages market.
  • Insights about market determinants that are stimulating the global Tea and Tea Based Beverages market.
  • Detailed and extensive market segments with the regional distribution of forecasted revenues.
  • Extensive profiles and recent developments of market players.
Product Code: OMR2023865

Table of Contents

1. Report Summary

  • Current Industry Analysis and Growth Potential Outlook
  • Impact of COVID-19 on the Global Tea and Tea Based Beverages Industry
  • Recovery Scenario of Global Tea and Tea Based Beverages Industry
  • 1.1. Research Methods and Tools
  • 1.2. Market Breakdown
    • 1.2.1. By Segments
    • 1.2.2. By Geography

2. Market Overview and Insights

  • 2.1. Scope of the Report
  • 2.2. Analyst Insight & Current Market Trends
    • 2.2.1. Key Findings
    • 2.2.2. Recommendations
    • 2.2.3. Conclusion
  • 2.3. Regulations

3. Competitive Landscape

  • 3.1. Key Company Analysis
    • 3.1.1. Overview
    • 3.1.2. Financial Analysis
    • 3.1.3. SWOT Analysis
  • 3.2. Key Strategy Analysis
  • 3.3. Impact of Covid on key players

4. Market Determinants

  • 4.1. Motivators
  • 4.2. Restraints
  • 4.3. Opportunities

5. Market Segmentation

  • 5.1. Global Tea and Tea Based Beverages MarketbyType
    • 5.1.1. Green Tea
    • 5.1.2. Black Tea
    • 5.1.3. Oolong Tea
    • 5.1.4. Herbal Tea
  • 5.2. Global Tea and Tea Based Beverages marketby Format
    • 5.2.1. Ready-to-Drink
    • 5.2.2. Loose Tea Powder
    • 5.2.3. Tea Bags
  • 5.3. Global Tea and Tea Based Beverages market by Nature
    • 5.3.1. Organic
    • 5.3.2. Conventional

6. Regional Analysis

  • 6.1. North America
    • 6.1.1. United States
    • 6.1.2. Canada
  • 6.2. Europe
    • 6.2.1. UK
    • 6.2.2. Germany
    • 6.2.3. Italy
    • 6.2.4. Spain
    • 6.2.5. France
    • 6.2.6. Rest of Europe
  • 6.3. Asia-Pacific
    • 6.3.1. China
    • 6.3.2. India
    • 6.3.3. Japan
    • 6.3.4. South Korea
    • 6.3.5. Rest of Asia-Pacific
  • 6.4. Rest of the World

7. Company Profiles

  • 7.1. Alkaloid AD Skopje
  • 7.2. Amore Pacific Corp.
  • 7.3. Arbor Tea (New World Tea, LLC)
  • 7.4. Associated British Foods PLC
  • 7.5. Barry's Tea
  • 7.6. Bettys & Taylors Group Ltd.
  • 7.7. Brew Dr Kombucha
  • 7.8. The Hain Celestial Group, Inc
  • 7.9. Dilmah Ceylon Tea Company PLC
  • 7.10. ITO EN, LTD
  • 7.11. Tata Consumer Products LTD
  • 7.12. McLeod Russel India, Ltd
  • 7.13. Nestle S.A.
  • 7.14. Numi Inc.
  • 7.15. Organic India Pvt. Ltd.
  • 7.16. The Republic of Tea, Inc.
  • 7.17. Starbucks Corps.
  • 7.18. The Hain Celestial Group, Inc.
  • 7.19. The Stash Tea Co.
  • 7.20. Unilever PLC

LIST OF TABLES

  • 1. GLOBAL TEA AND TEA-BASED BEVERAGES MARKET RESEARCH AND ANALYSIS BY TYPE,2020-2027 ($ MILLION)
  • 2. GLOBALGREEN TEAMARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027($ MILLION)
  • 3. GLOBAL BLACK TEAMARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027($ MILLION)
  • 4. GLOBALOOLONG TEAMARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
  • 5. GLOBAL HERBAL TEA MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
  • 6. GLOBALTEA AND TEA-BASED BEVERAGES MARKET RESEARCH AND ANALYSIS BY FORMAT, 2020-2027 ($ MILLION)
  • 7. GLOBALTEA AND TEA-BASED BEVERAGES FOR READY-TO-DRINK MARKET RESEARCH AND ANALYSIS BY REGION2020-2027($ MILLION)
  • 8. GLOBALTEA AND TEA-BASED BEVERAGES FORLOOSE TEA POWDER MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027($ MILLION)
  • 9. GLOBALTEA AND TEA-BASED BEVERAGES FOR TEABAGS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
  • 10. GLOBAL TEA AND TEA-BASED BEVERAGES MARKET RESEARCH AND ANALYSIS BY NATURE, 2020-2027 ($ MILLION)
  • 11. GLOBAL TEA AND TEA-BASED BEVERAGES FOR ORGANIC MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
  • 12. GLOBAL TEA AND TEA-BASED BEVERAGES FOR CONVENTIONALMARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
  • 13. GLOBALTEA AND TEA-BASED BEVERAGES MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2020-2027 ($ MILLION)
  • 14. NORTH AMERICAN TEA AND TEA-BASED BEVERAGES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
  • 15. NORTH AMERICAN TEA AND TEA-BASED BEVERAGES MARKET RESEARCH AND ANALYSIS BY TYPE,2020-2027 ($ MILLION)
  • 16. NORTH AMERICAN TEA AND TEA-BASED BEVERAGES MARKET RESEARCH AND ANALYSIS BY FORMAT,2020-2027 ($ MILLION)
  • 17. NORTH AMERICAN TEA AND TEA-BASED BEVERAGES MARKET RESEARCH AND ANALYSIS BY NATURE, 2020-2027 ($ MILLION)
  • 18. EUROPEAN TEA AND TEA-BASED BEVERAGES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
  • 19. EUROPEAN TEA AND TEA-BASED BEVERAGES MARKET RESEARCH AND ANALYSIS BY TYPE,2020-2027 ($ MILLION)
  • 20. EUROPEAN TEA AND TEA-BASED BEVERAGES MARKET RESEARCH AND ANALYSIS BY FORMAT, 2020-2027 ($ MILLION)
  • 21. EUROPEAN TEA AND TEA-BASED BEVERAGES MARKET RESEARCH AND ANALYSIS BY NATURE, 2020-2027 ($ MILLION)
  • 22. ASIA-PACIFIC TEA AND TEA-BASED BEVERAGES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
  • 23. ASIA-PACIFIC TEA AND TEA-BASED BEVERAGES MARKET RESEARCH AND ANALYSIS BY TYPE,2020-2027 ($ MILLION)
  • 24. ASIA-PACIFIC TEA AND TEA-BASED BEVERAGES MARKET RESEARCH AND ANALYSIS BY FORMAT, 2020-2027 ($ MILLION)
  • 25. ASIA-PACIFIC TEA AND TEA-BASED BEVERAGES MARKET RESEARCH AND ANALYSIS BY NATURE, 2020-2027 ($ MILLION)
  • 26. REST OF THE WORLD TEA AND TEA-BASED BEVERAGES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
  • 27. REST OF THE WORLD TEA AND TEA-BASED BEVERAGES MARKET RESEARCH AND ANALYSIS BY TYPE,2020-2027 ($ MILLION)
  • 28. REST OF THE WORLD TEA AND TEA-BASED BEVERAGES MARKET RESEARCH AND ANALYSIS BY FORMAT, 2020-2027 ($ MILLION)
  • 29. REST OF THE WORLD TEA AND TEA-BASED BEVERAGES MARKET RESEARCH AND ANALYSIS BY NATURE, 2020-2027 ($ MILLION)

LIST OF FIGURES

1. IMPACT OF COVID-19 ON GLOBAL TEA AND TEA-BASED BEVERAGES MARKET, 2020-2027 (% MILLION)

2. IMPACT OF COVID-19 ON GLOBAL TEA AND TEA-BASED BEVERAGES MARKET BY SEGMENT, 2020-2027 (% MILLION)

  • 3. RECOVERY OF GLOBAL TEA AND TEA-BASED BEVERAGES MARKET, 2020-2027 (%)
  • 4. GLOBAL TEA AND TEA-BASED BEVERAGES MARKET SHARE BY TYPE,2020 VS 2027 (%)
  • 5. GLOBAL TEA AND TEA-BASED BEVERAGES MARKET SHARE BY FORMAT, 2020 VS 2027 (%)
  • 6. GLOBAL TEA AND TEA-BASED BEVERAGES MARKET SHARE BYNATURE, 2020 VS 2027 (%)
  • 7. GLOBAL TEA AND TEA-BASED BEVERAGES MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
  • 8. GLOBAL GREEN TEAMARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
  • 9. GLOBAL BLACK TEAMARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
  • 10. GLOBAL OOLONG TEAMARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
  • 11. GLOBAL HERBAL TEA MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
  • 12. GLOBALREADY-TO-DRINKMARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
  • 13. GLOBALLOOSE TEA POWDERMARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
  • 14. GLOBALTEA BAGS MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
  • 15. GLOBAL ORGANICMARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
  • 16. GLOBAL CONVENTIONALMARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
  • 17. US TEA AND TEA-BASED BEVERAGES MARKETSIZE, 2020-2027($ MILLION)
  • 18. CANADA TEA AND TEA-BASED BEVERAGES MARKETSIZE, 2020-2027($ MILLION)
  • 19. UK TEA AND TEA-BASED BEVERAGES MARKET SIZE, 2020-2027($ MILLION)
  • 20. FRANCE TEA AND TEA-BASED BEVERAGES MARKETSIZE, 2020-2027($ MILLION)
  • 21. GERMANY TEA AND TEA-BASED BEVERAGES MARKETSIZE, 2020-2027($ MILLION)
  • 22. ITALY TEA AND TEA-BASED BEVERAGES MARKETSIZE, 2020-2027($ MILLION)
  • 23. SPAIN TEA AND TEA-BASED BEVERAGES MARKETSIZE, 2020-2027($ MILLION)
  • 24. REST OF EUROPE TEA AND TEA-BASED BEVERAGES MARKETSIZE, 2020-2027($ MILLION)
  • 25. INDIA TEA AND TEA-BASED BEVERAGES MARKETSIZE, 2020-2027($ MILLION)
  • 26. CHINA TEA AND TEA-BASED BEVERAGES MARKETSIZE, 2020-2027($ MILLION)
  • 27. JAPAN TEA AND TEA-BASED BEVERAGES MARKETSIZE, 2020-2027($ MILLION)
  • 28. SOUTH KOREA TEA AND TEA-BASED BEVERAGES MARKETSIZE, 2020-2027($ MILLION)
  • 29. REST OF ASIA-PACIFIC TEA AND TEA-BASED BEVERAGES MARKETSIZE, 2020-2027($ MILLION)
  • 30. REST OF THE WORLD TEA AND TEA-BASED BEVERAGES MARKETSIZE, 2020-2027($ MILLION)