Global Tea Market Growth factors, Size, Share, Trends, Top Key Players, Competitive Intelligence 2013 to 2017 and Forecast 2018 to 2024
Global Tea Market report offers Market Size, Regional Share, Top Key Players, Latest trends, Growth, Business Intelligence, Business Research Reports, Competitive Intelligence 2013 to 2017 and Forecast 2018 to 2024
(EMAILWIRE.COM, June 08, 2018 ) Global Tea market was valued at US $ XX Mn in 2017 and expected to grow at 5.8% Compound Annual Growth Rate (CAGR) over 2018 to 2024
Market Outline: Tea Market
Tea is an aromatic beverage which is usually prepared by infusing the dried crushed leaves of the tea plant in boiling water. Various types of tea available in various tastes and flavors. It is one of the frequently consumed beverage all across the world. It has flavonoids, antioxidants, and phytochemicals, which enhance the functioning of human body.
Market Dynamics: Tea Market
Increase in the consumer-base is the major factor influencing the growth of the tea market. Growing awareness among the people regarding the health benefits associated with the consumption of tea is anticipated to drive the growth of the market. The introduction of various flavors such as mint flavor, chocolate flavor, lemon flavor etc. is attributed for the growth of the tea market. The advent of instant or ready-to-drink tea, which is adding fuel for the growth of the tea market. However, the high cost of the raw materials and increasing cost of the agriculture inputs may hinder the growth of the tea market.
Free sample of this report is available upon request @https://www.precisionbusinessinsights.com/market-reports/tea-market/#ulp-4H8Z4LpNMLEuOnnx
Market Scope: Tea Market
Tea market is segmented based on the product type, packaging, and distribution channel
Based on the product type, the market is segmented into the following:
Fruit/Herbal Tea
Black Tea
Green Tea
Instant Tea
Others
Based on the packaging, the market is segmented into the following:
Loose Tea
Tea Bags
Aluminum Tin
Plastic Containers
Paper Boards
Based on the distribution channel, the market is segmented into the following:
Supermarkets/Hypermarkets
Convenience Stores
Online Stores
Others
Free TOC of this report is available upon request @https://www.precisionbusinessinsights.com/market-reports/tea-market/#ulp-c654SbFYO64MsOhu
Regional Analysis: Tea Market
Geographically, global tea market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Asia Pacific Tea market to keep the top spot in the global tea market. China contributes the largest share in the region of Asia Pacific. Owing to the presence of higher consumer-base, China tea market tops the position in Asia Pacific region. In China tea is also used as medical drink due to the presence of various herbal properties. The herbal tea in China is typically black or dark brown in color. North America follows the Asia Pacific in the global Tea market. Bottled tea accounted as the fastest growing tea format in the region of North America. The Europe tea market is expected to grow at significant rate over the forecast period.
Need more information about this report @https://www.precisionbusinessinsights.com/market-reports/tea-market/#ulp-14mlyhjMGhVjZqa3
Competition Assessment: Tea Market
Some of the players in the global Tea market include:
Nestlι S.A (Switzerland)
The Republic of Tea (U.S)
DavidsTea (Canada)
Akbar Brothers Ltd (Sri Lanka)
Associated British Foods (UK)
Unilever (Netherlands)
Starbucks Corporation (US)
WISSOTZKY TEA (Russia)
Notable Market Developments: Tea Market
In January 2018, Zest Tea has launched its first ready-to-drink (RTD) products.
Get access to full summary @https://www.precisionbusinessinsights.com/market-reports/tea-market/
About Precision Business Insights
Precision Business Insights is one of the leading market research and business consulting firm, which follow a holistic approach to solve needs of the clients. We adopt and implement proven research methodologies to achieve better results. We help our clients by providing actionable insights and strategies to make better decisions. We provide consulting, syndicated and customised market research services based on our client needs.
Contact to Precision Business Insights,
Kemp House,
152 160 City Road,
London EC1V 2NX
Email: sales@precisionbusinessinsights.com
Toll Free (US):+1-866-598-1553
Website @https://www.precisionbusinessinsights.com
Market Outline: Tea Market
Tea is an aromatic beverage which is usually prepared by infusing the dried crushed leaves of the tea plant in boiling water. Various types of tea available in various tastes and flavors. It is one of the frequently consumed beverage all across the world. It has flavonoids, antioxidants, and phytochemicals, which enhance the functioning of human body.
Market Dynamics: Tea Market
Increase in the consumer-base is the major factor influencing the growth of the tea market. Growing awareness among the people regarding the health benefits associated with the consumption of tea is anticipated to drive the growth of the market. The introduction of various flavors such as mint flavor, chocolate flavor, lemon flavor etc. is attributed for the growth of the tea market. The advent of instant or ready-to-drink tea, which is adding fuel for the growth of the tea market. However, the high cost of the raw materials and increasing cost of the agriculture inputs may hinder the growth of the tea market.
Free sample of this report is available upon request @https://www.precisionbusinessinsights.com/market-reports/tea-market/#ulp-4H8Z4LpNMLEuOnnx
Market Scope: Tea Market
Tea market is segmented based on the product type, packaging, and distribution channel
Based on the product type, the market is segmented into the following:
Fruit/Herbal Tea
Black Tea
Green Tea
Instant Tea
Others
Based on the packaging, the market is segmented into the following:
Loose Tea
Tea Bags
Aluminum Tin
Plastic Containers
Paper Boards
Based on the distribution channel, the market is segmented into the following:
Supermarkets/Hypermarkets
Convenience Stores
Online Stores
Others
Free TOC of this report is available upon request @https://www.precisionbusinessinsights.com/market-reports/tea-market/#ulp-c654SbFYO64MsOhu
Regional Analysis: Tea Market
Geographically, global tea market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Asia Pacific Tea market to keep the top spot in the global tea market. China contributes the largest share in the region of Asia Pacific. Owing to the presence of higher consumer-base, China tea market tops the position in Asia Pacific region. In China tea is also used as medical drink due to the presence of various herbal properties. The herbal tea in China is typically black or dark brown in color. North America follows the Asia Pacific in the global Tea market. Bottled tea accounted as the fastest growing tea format in the region of North America. The Europe tea market is expected to grow at significant rate over the forecast period.
Need more information about this report @https://www.precisionbusinessinsights.com/market-reports/tea-market/#ulp-14mlyhjMGhVjZqa3
Competition Assessment: Tea Market
Some of the players in the global Tea market include:
Nestlι S.A (Switzerland)
The Republic of Tea (U.S)
DavidsTea (Canada)
Akbar Brothers Ltd (Sri Lanka)
Associated British Foods (UK)
Unilever (Netherlands)
Starbucks Corporation (US)
WISSOTZKY TEA (Russia)
Notable Market Developments: Tea Market
In January 2018, Zest Tea has launched its first ready-to-drink (RTD) products.
Get access to full summary @https://www.precisionbusinessinsights.com/market-reports/tea-market/
About Precision Business Insights
Precision Business Insights is one of the leading market research and business consulting firm, which follow a holistic approach to solve needs of the clients. We adopt and implement proven research methodologies to achieve better results. We help our clients by providing actionable insights and strategies to make better decisions. We provide consulting, syndicated and customised market research services based on our client needs.
Contact to Precision Business Insights,
Kemp House,
152 160 City Road,
London EC1V 2NX
Email: sales@precisionbusinessinsights.com
Toll Free (US):+1-866-598-1553
Website @https://www.precisionbusinessinsights.com
Contact Information:
Precision Business Insights
Satya Satya
Tel: +1-866-598-1553
Email us
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Precision Business Insights
Satya Satya
Tel: +1-866-598-1553
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results