US - Foodservice Tea Market by Distribution Channel and product - Forecast and Analysis 2023-2027

Published: Sep 2023 Pages: 144 SKU: IRTNTR44811

US - Foodservice Tea Market 2023-2027

The US - Foodservice Tea Market size is projected to increase by USD 3,237.01 million and the market size is estimated to grow at a CAGR of 4.37% between 2022 and 2027.

This US foodservice tea market report extensively covers market segmentation by distribution channel (full-service restaurants, limited-service restaurants, and quick service restaurants and others), product (black tea, green tea, and others), and type (iced tea and hot tea). Our report examines historic data from 2017 to 2021, besides analyzing the current market scenario.

Rising demand for mobile foodservice is the key factor driving the growth of the market. Investing in mobile foodservice not only brings benefits in reaching a wide range of customers but also reduces the complexity of daily operations. Another advantage of food trucks over traditional restaurants is a better opportunity to expand the customer base. Additionally, the growing demand for mobile food services is encouraging mobile fast food providers to increase their domestic and international presence. Therefore, the growth of the mobile foodservice market is anticipated to drive the growth of the US foodservice tea market during the forecast period.

US Foodservice Tea Market: Overview

The US Foodservice Tea Market shows an Accelerate CAGR during the forecast period.

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Trends

Premiumization of functional tea products is the primary trend shaping the growth of the market. US -  foodservice tea market players offer a variety of products of varying flavors and qualities, at varying quantities and prices. Premium products such as organic herbal tea and functional tea are all certified by the USDA, ensuring the organic quality of the product. Consumer engagement is primarily driven by premium products.

Furthermore, to satisfy a full range of teas, tea sellers are focusing on expanding their presence in the premium tea segment. To increase consumer acceptance of premium tea products, market players are offering unique packaging with different tea flavors. Therefore, the premiumization of tea products is anticipated to propel the growth of the market during the forecast period.

Challenge 

The negative impact of overconsumption of tea is a challenge that affects the growth of the market. According to nutrition experts, the ideal amount of tea consumed should not exceed three cups per day. The main threat of consuming too much tea is that it can be addictive. Overconsumption can also cause dehydration, bloating, deficiencies in key nutrients, and anxiety. Consuming too much tea also increases caffeine consumption.

Additionally, consuming too much tea has also been linked to many other side effects, such as osteoporosis (weak bones), stomach upset, nausea, and constipation. Thus, the impact of excessive tea consumption may impede the demand in the US foodservice tea market during the forecast period.

US Foodservice Tea Market Segmentation by Product

Black tea is a very popular type of tea and is widely consumed around the world, especially in the US. Black tea is a staple in many restaurants, cafes, and hotels, serving as the base for classic hot tea offerings and as the main ingredient in iced tea. Because of its rich, slightly astringent flavor, black tea pairs well with a variety of foods, making it a versatile choice for food service establishments looking to supplement their menus with tea-based beverages. The popularity of black tea goes beyond traditional tea preparation. It serves as the base for a variety of specialty and flavored teas, allowing foodservice organizations to create innovative tea-based beverages to satisfy diverse customer preferences. Therefore, these factors will propel the growth of the black tea segment in the market during the forecast period.

US Foodservice Tea Market Segmentation by Distribution Channel

The market share growth by the full-service restaurants segment will be significant during the forecast period. This segment includes fine-dining restaurants, casual dining restaurants, and mid-range restaurants. These are restaurants that offer relatively larger menus, tables, counters, and wait staff. They offer meals, drinks, and other snacks for immediate consumption, mainly on-site, but they can also provide takeout services.

The full-service restaurants segment was valued at USD 5,444.01 million in 2017. 

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In addition, the presence of convenient and affordable fast food outlets as well as improved advertising and promotional activities of large restaurant chains will play a key role in the company's revenue growth. Additionally, exposure to international culture and lifestyles has led consumers worldwide to experiment with different beverages, including tea and coffee, creating growth opportunities for FAFH. Therefore, increasing consumption of FAFH will facilitate the growth of the US - foodservice tea market during the forecast period.

Company Overview

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

  • Key Offering- Associated British Foods Plc: The company offers foodservice teas such as cold brew iced tea, lemon and ginger tea, and herbal tea, under its brand called Twinings North America Inc.
  • Key Offering- Aroma Israel: The company offers foodservice teas such as aroma cold coffee and hot brewing coffee.
  • Key Offering-  Harney and Sons Fine Teas: The company offers foodservice teas such as tea brewing pouches to make a pitcher of iced tea, and seasonal and specialty loose teas.

The US foodservice tea market report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

  • Anchor Beverages Inc.
  • Bigelow Tea
  • Golden Fleece Beverages Inc.
  • Harris Freeman
  • Inspire Brands Inc.
  • LIPTON Teas and Infusions
  • Numi Inc.
  • Oribe Tea LLC
  • PALAIS DES THES
  • Starbucks Corp.
  • Tata Consumer Products Ltd.
  • Teatulia Organic Teas

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Segment Overview

The US foodservice tea market report forecasts market growth by revenue and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Distribution Channel Outlook (USD Million, 2017 - 2027)
    • Full-service restaurants
    • Limited-service restaurants
    • Quick service restaurants and others
  • Product Outlook (USD Million, 2017 - 2027)
    • Black tea
    • Green tea
    • Others
  • Type Outlook (USD Million, 2017 - 2027)
    • Iced tea
    • Hot tea

US Foodservice Tea Market Scope

Report Coverage

Details

Page number

144

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 4.37%

Market growth 2023-2027

USD 3,237.01 million

Market structure

Fragmented

YoY growth 2022-2023(%)

4.21

Competitive landscape

 Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Anchor Beverages Inc., Aroma Israel, Associated British Foods Plc, Bigelow Tea, Golden Fleece Beverages Inc., Harney and Sons Fine Teas, Harris Freeman, Inspire Brands Inc., LIPTON Teas and Infusions, Numi Inc., Oribe Tea LLC, PALAIS DES THES, Starbucks Corp., Tata Consumer Products Ltd., Teatulia Organic Teas, The Hain Celestial Group Inc., TreeHouse Foods Inc., and Yamamotoyama of America

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this US Foodservice Tea Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2023 and 2027
  • Precise estimation of the US foodservice tea market size and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market across US
  • A thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of US foodservice tea market  companies

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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 Country Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market Segmentation by Distribution Channel
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 07: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 08: Parent market
    • Exhibit 09: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 10: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 11: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 12: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 13: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 14: Chart on US: Year-over-year growth 2022-2027 (%)
      • Exhibit 15: Data Table on US: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Foodservice tea market in US 2017 - 2021
      • Exhibit 16: Historic Market Size – Data Table on foodservice tea market in US 2017 - 2021 ($ million)
    • 4.2 Distribution Channel Segment Analysis 2017 - 2021
      • Exhibit 17: Historic Market Size – Distribution Channel Segment 2017 - 2021 ($ million)
    • 4.3 Product Segment Analysis 2017 - 2021
      • Exhibit 18: Historic Market Size – Product Segment 2017 - 2021 ($ million)
    • 4.4 Type Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Type Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 20: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 21: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 22: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 23: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 24: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 25: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 26: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Distribution Channel

    • 6.1 Market segments
      • Exhibit 27: Chart on Distribution Channel - Market share 2022-2027 (%)
      • Exhibit 28: Data Table on Distribution Channel - Market share 2022-2027 (%)
    • 6.2 Comparison by Distribution Channel
      • Exhibit 29: Chart on Comparison by Distribution Channel
      • Exhibit 30: Data Table on Comparison by Distribution Channel
    • 6.3 Full-service restaurants - Market size and forecast 2022-2027
      • Exhibit 31: Chart on Full-service restaurants - Market size and forecast 2022-2027 ($ million)
      • Exhibit 32: Data Table on Full-service restaurants - Market size and forecast 2022-2027 ($ million)
      • Exhibit 33: Chart on Full-service restaurants - Year-over-year growth 2022-2027 (%)
      • Exhibit 34: Data Table on Full-service restaurants - Year-over-year growth 2022-2027 (%)
    • 6.4 Limited-service restaurants - Market size and forecast 2022-2027
      • Exhibit 35: Chart on Limited-service restaurants - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Data Table on Limited-service restaurants - Market size and forecast 2022-2027 ($ million)
      • Exhibit 37: Chart on Limited-service restaurants - Year-over-year growth 2022-2027 (%)
      • Exhibit 38: Data Table on Limited-service restaurants - Year-over-year growth 2022-2027 (%)
    • 6.5 Quick service restaurants and others - Market size and forecast 2022-2027
      • Exhibit 39: Chart on Quick service restaurants and others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Data Table on Quick service restaurants and others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 41: Chart on Quick service restaurants and others - Year-over-year growth 2022-2027 (%)
      • Exhibit 42: Data Table on Quick service restaurants and others - Year-over-year growth 2022-2027 (%)
    • 6.6 Market opportunity by Distribution Channel
      • Exhibit 43: Market opportunity by Distribution Channel ($ million)
      • Exhibit 44: Data Table on Market opportunity by Distribution Channel ($ million)

    7 Market Segmentation by Product

    • 7.1 Market segments
      • Exhibit 45: Chart on Product - Market share 2022-2027 (%)
      • Exhibit 46: Data Table on Product - Market share 2022-2027 (%)
    • 7.2 Comparison by Product
      • Exhibit 47: Chart on Comparison by Product
      • Exhibit 48: Data Table on Comparison by Product
    • 7.3 Black tea - Market size and forecast 2022-2027
      • Exhibit 49: Chart on Black tea - Market size and forecast 2022-2027 ($ million)
      • Exhibit 50: Data Table on Black tea - Market size and forecast 2022-2027 ($ million)
      • Exhibit 51: Chart on Black tea - Year-over-year growth 2022-2027 (%)
      • Exhibit 52: Data Table on Black tea - Year-over-year growth 2022-2027 (%)
    • 7.4 Green tea - Market size and forecast 2022-2027
      • Exhibit 53: Chart on Green tea - Market size and forecast 2022-2027 ($ million)
      • Exhibit 54: Data Table on Green tea - Market size and forecast 2022-2027 ($ million)
      • Exhibit 55: Chart on Green tea - Year-over-year growth 2022-2027 (%)
      • Exhibit 56: Data Table on Green tea - Year-over-year growth 2022-2027 (%)
    • 7.5 Others - Market size and forecast 2022-2027
      • Exhibit 57: Chart on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 58: Data Table on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 59: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 60: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 7.6 Market opportunity by Product
      • Exhibit 61: Market opportunity by Product ($ million)
      • Exhibit 62: Data Table on Market opportunity by Product ($ million)

    8 Market Segmentation by Type

    • 8.1 Market segments
      • Exhibit 63: Chart on Type - Market share 2022-2027 (%)
      • Exhibit 64: Data Table on Type - Market share 2022-2027 (%)
    • 8.2 Comparison by Type
      • Exhibit 65: Chart on Comparison by Type
      • Exhibit 66: Data Table on Comparison by Type
    • 8.3 Iced tea - Market size and forecast 2022-2027
      • Exhibit 67: Chart on Iced tea - Market size and forecast 2022-2027 ($ million)
      • Exhibit 68: Data Table on Iced tea - Market size and forecast 2022-2027 ($ million)
      • Exhibit 69: Chart on Iced tea - Year-over-year growth 2022-2027 (%)
      • Exhibit 70: Data Table on Iced tea - Year-over-year growth 2022-2027 (%)
    • 8.4 Hot tea - Market size and forecast 2022-2027
      • Exhibit 71: Chart on Hot tea - Market size and forecast 2022-2027 ($ million)
      • Exhibit 72: Data Table on Hot tea - Market size and forecast 2022-2027 ($ million)
      • Exhibit 73: Chart on Hot tea - Year-over-year growth 2022-2027 (%)
      • Exhibit 74: Data Table on Hot tea - Year-over-year growth 2022-2027 (%)
    • 8.5 Market opportunity by Type
      • Exhibit 75: Market opportunity by Type ($ million)
      • Exhibit 76: Data Table on Market opportunity by Type ($ million)

    9 Customer Landscape

    • 9.1 Customer landscape overview
      • Exhibit 77: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 78: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 79: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 80: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 81: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 82: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 83: Matrix on vendor position and classification
            • 12.3 Anchor Beverages Inc.
              • Exhibit 84: Anchor Beverages Inc. - Overview
              • Exhibit 85: Anchor Beverages Inc. - Product / Service
              • Exhibit 86: Anchor Beverages Inc. - Key offerings
            • 12.4 Aroma Israel
              • Exhibit 87: Aroma Israel - Overview
              • Exhibit 88: Aroma Israel - Product / Service
              • Exhibit 89: Aroma Israel - Key offerings
            • 12.5 Associated British Foods Plc
              • Exhibit 90: Associated British Foods Plc - Overview
              • Exhibit 91: Associated British Foods Plc - Business segments
              • Exhibit 92: Associated British Foods Plc - Key offerings
              • Exhibit 93: Associated British Foods Plc - Segment focus
            • 12.6 Bigelow Tea
              • Exhibit 94: Bigelow Tea - Overview
              • Exhibit 95: Bigelow Tea - Product / Service
              • Exhibit 96: Bigelow Tea - Key offerings
            • 12.7 Golden Fleece Beverages Inc.
              • Exhibit 97: Golden Fleece Beverages Inc. - Overview
              • Exhibit 98: Golden Fleece Beverages Inc. - Product / Service
              • Exhibit 99: Golden Fleece Beverages Inc. - Key offerings
            • 12.8 Harney and Sons Fine Teas
              • Exhibit 100: Harney and Sons Fine Teas - Overview
              • Exhibit 101: Harney and Sons Fine Teas - Product / Service
              • Exhibit 102: Harney and Sons Fine Teas - Key offerings
            • 12.9 Harris Freeman
              • Exhibit 103: Harris Freeman - Overview
              • Exhibit 104: Harris Freeman - Product / Service
              • Exhibit 105: Harris Freeman - Key offerings
            • 12.10 Inspire Brands Inc.
              • Exhibit 106: Inspire Brands Inc. - Overview
              • Exhibit 107: Inspire Brands Inc. - Product / Service
              • Exhibit 108: Inspire Brands Inc. - Key offerings
            • 12.11 LIPTON Teas and Infusions
              • Exhibit 109: LIPTON Teas and Infusions - Overview
              • Exhibit 110: LIPTON Teas and Infusions - Product / Service
              • Exhibit 111: LIPTON Teas and Infusions - Key offerings
            • 12.12 Oribe Tea LLC
              • Exhibit 112: Oribe Tea LLC - Overview
              • Exhibit 113: Oribe Tea LLC - Product / Service
              • Exhibit 114: Oribe Tea LLC - Key offerings
            • 12.13 Starbucks Corp.
              • Exhibit 115: Starbucks Corp. - Overview
              • Exhibit 116: Starbucks Corp. - Business segments
              • Exhibit 117: Starbucks Corp. - Key news
              • Exhibit 118: Starbucks Corp. - Key offerings
              • Exhibit 119: Starbucks Corp. - Segment focus
            • 12.14 Tata Consumer Products Ltd.
              • Exhibit 120: Tata Consumer Products Ltd. - Overview
              • Exhibit 121: Tata Consumer Products Ltd. - Business segments
              • Exhibit 122: Tata Consumer Products Ltd. - Key news
              • Exhibit 123: Tata Consumer Products Ltd. - Key offerings
              • Exhibit 124: Tata Consumer Products Ltd. - Segment focus
            • 12.15 The Hain Celestial Group Inc.
              • Exhibit 125: The Hain Celestial Group Inc. - Overview
              • Exhibit 126: The Hain Celestial Group Inc. - Business segments
              • Exhibit 127: The Hain Celestial Group Inc. - Key news
              • Exhibit 128: The Hain Celestial Group Inc. - Key offerings
              • Exhibit 129: The Hain Celestial Group Inc. - Segment focus
            • 12.16 TreeHouse Foods Inc.
              • Exhibit 130: TreeHouse Foods Inc. - Overview
              • Exhibit 131: TreeHouse Foods Inc. - Product / Service
              • Exhibit 132: TreeHouse Foods Inc. - Key offerings
            • 12.17 Yamamotoyama of America
              • Exhibit 133: Yamamotoyama of America - Overview
              • Exhibit 134: Yamamotoyama of America - Product / Service
              • Exhibit 135: Yamamotoyama of America - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 136: Inclusions checklist
                • Exhibit 137: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 138: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 139: Research methodology
                • Exhibit 140: Validation techniques employed for market sizing
                • Exhibit 141: Information sources
              • 13.5 List of abbreviations
                • Exhibit 142: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              Key Questions Answered

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              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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