Market Research Report
Indian Green Tea Market 2019-2025
|Published by||Orion Market Research Pvt Ltd||Product code||942832|
Delivery time: 2-3 business days
|Indian Green Tea Market 2019-2025|
|Published: February 17, 2020||Content info:||
Indian Green Tea Market Size, Share and Trends Analysis Report by Format (Ready-to-Drink, Loose Tea Powder, and Tea Bags), and by Nature (Organic and Conventional) and Forecast Period, 2019-2025
Indian green tea market is estimated to grow at a CAGR of around 7% during the forecast period. As per Tea Board of India, India is the 2nd largest producer of tea and the largest tea consumer all across the globe. Approximately 70-80% of the tea produced in the country is consumed by the domestic market. A survey was conducted by the tea board of India, to understand the consumption pattern of tea in the country. In the country, the consumption of tea with milk and sugar is the most popular choice of consumption as around 80% of the household prefers tea with the aforementioned ingredients. Moreover, the consumption of non-milk tea without sugar is rising in the country due to increasing lifestyle-related diseases and the rise in popularity of other variants including green tea
As per the survey, it was concluded that around 32% of the total consumption of tea in the country is from Northern states and the Western region accounts for 31% of the total consumption. North East region accounts for only 19% of the total consumption whereas Southern states account for only 18% consumption. It was found in the survey that nearly 88% of the total household consumption of tea in the country and overall 64% of the total population is a tea-drinking population in the country.
The country is the major exporter of tea globally. Some of the major export markets of country in volume terms include the Russian Federation, Iran, and UAE with around 48 million kg, 31 million kg and 21 million kg in 2017-2018 respectively. Some of the major exporters of the country include Mcleod Russel India Ltd., Bhansali & Co., Girnar Food & Beverages Pvt. Ltd., Limtex (India) Ltd., Ambo Exports Industries Ltd., and so on. Some of the major companies operating in the tea market include Tata Group (Tata Tea, Tetley Tea), Hindustan Unilever Ltd., (Brooke Bond Red Label, Lipton Tea), Gujarat Tea Processors & Packers Ltd., (Wagh Bakri Tea), Amar Tea Private Ltd., (Society Tea) and so on.
The Indian green tea market is segmented on the basis of format, and nature. Furthermore, based on format,the market is divided into ready-to-drink (RTD), loose tea powder, and tea bags. Moreover, based on nature,the market it is sub-segmented into organic and conventional. There are several companies offering tea and tea-based beverages; some major players of this market include Tata Global Beverages, R.Twining and Co., Ltd., The Republic of Tea, Inc., Nestle, Starbucks Corp., Unilever Group, and Associated British Foods PLC.
The market study of the Indiangreen tea 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 breakdown the market in 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 in our reports.
Secondary Sources Include
The report is intended for tea manufactures and private companies for overall market analysis and competitive analysis. The report provides in-depth analysis on market size, intended quality of the service preferred by consumers. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models.
The Report Covers:
4.1 Indian Green Tea Market by Format