Market Research Report
Organic Tea Global Market Report 2022
|Organic Tea Global Market Report 2022|
The Business Research Company
Content info: 175 Pages
Delivery time: 2-10 business days
Organic Tea Global Market Report 2022 from The Business Research Company provides the strategists, marketers and senior management with the critical information they need to assess the global organic tea market.
This report focuses on organic tea market which is experiencing strong growth. The report gives a guide to the organic tea market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.
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Where is the largest and fastest growing market for the organic tea? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Organic Tea market global report from The Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider organic tea market, and compares it with other markets.
Markets Covered: 1) By Type: Green Tea; Black Tea; White Tea; Oolong Tea; Herbal Tea; Other Types
2) By Form: Dried Leaf; Liquid; Powder; Other Forms
3) By Product: Paper Pouches; Cans; Cartons; Tea Bags; Other Products
4) By Distribution Channel: Hypermarkets/Supermarkets; Convenience Stores; Online ; Specialty Stores; Other Distribution Channels
Companies Mentioned: Tata Global Beverages Limited; The Unilever Group; Organic India Private Limited; Associated British Food Plc.; The Stash Tea Company
Countries: Brazil; China; France; Germany; India; Indonesia; Japan; South Korea; Russia; UK; USA; Australia
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions; per capita expenditure.,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Major players in the market are Tata Global Beverages Limited, The Unilever Group, Organic India Private Limited, Associated British Food Plc., The Stash Tea Company, ESSAMG Tea Incorporation, Davidson's Organics, Harney & Sons Fine Teas (US), Halssen & Lyon GmbH (Germany), Ambassador Organics.
The global organic tea market is expected to grow from $0.75 billion in 2021 to $0.98 billion in 2022 at a compound annual growth rate (CAGR) of 30.7%. The market is expected to grow to $1.54 billion in 2026 at a compound annual growth rate (CAGR) of 11.9%.
The organic tea market comprises of sales of organic tea products. The market consists of revenue generated by establishments manufacturing organic tea products. Organic tea is a very popular beverage prepared using buds and boiling leaves obtained from Camellia Sinensis. It is free of herbicides & pesticides and synthetic fertilizers and has antioxidant properties.
The main type of organic tea are green tea, black tea, white tea, oolong tea, herbal tea, and others. Green tea is a type of tea which is made from unoxidized leaves and is one of the least processed types of tea. The various products are paper pouches, cans, cartons, tea bags and others and the forms of organic tea are dried Leaf, liquid, powder and others. The distribution channels are hypermarkets/supermarkets, convenience stores, online, specialty stores and others.
Asia Pacific was the largest region in the organic tea market in 2021. Western Europe was the second-largest region in the organic tea market. The regions covered in the organic tea market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Rising consumer awareness about the medicinal properties of organic tea is projected to boost the demand for organic tea over the forecast period. Organic tea, a very popular beverage prepared using buds and boiling leaves obtained from Camellia Sinensis, is free of herbicides, pesticides and synthetic fertilizers. It has antioxidant properties that have positive effects on the body. Organic tea contains a higher amount of catechins such as epicatechin, epicatechin gallate and epigallocatechin gallate as compared to conventional tea, and is claimed to be more beneficial to the human body. Moreover, the rich taste of organic tea is making it popular among individuals, increasing the consumption of tea in developed and developing economies. The changing consumer preference towards products manufactured from natural ingredients due to the health benefits that those products offer is expected to drive the organic tea market over the forecast period.
The high cost of organic tea in comparison with conventional tea is expected to hinder the growth of the organic tea market. The organic tea products are sold at a premium price. This is mainly because the cultivation of organic tea does not include any artificial chemicals, which increases the production cost. The organic certification process is very costly, which is also a factor that makes organic tea 10-15% more expensive than regular tea. Furthermore, the growing demand for organic tea or pesticide-free tea in the international market also affects the export price. Considering all these factors, the high cost is likely to challenge the growth of this market.
The manufacturers operating in the organic tea market are adopting various strategies such as new product innovations, mergers & acquisitions, and plant capacity expansion to expand their market share and global presence. For instance, The Tea Room Chocolate & Tea Company offers various organic tea-infused products such as a 60% dark chocolate bar infused with green tea, a white chocolate bar with honey and chamomile tea, and a 60% dark chocolate bar with raspberry rooibos tea. Therefore, the trend of infusing chocolate in tea is expected to add to the demand for organic tea.
In January 2020, Purity Organic, Inc., a leading organic food processor has acquired Dunn's River Brands Group, Inc., a beverage processor with brands that include Sweet Leaf Tea and Tradewinds Beverage Co. Sweet Leaf Tea is an organic iced tea brand. Through this acquisition, Dunn's River Brands Group aims to continue to provide 'better-for-you' brands and expand into new areas.
The countries covered in the market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA.