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Global Oolong Tea Market 2019-2023

  • Published: Dec 2018
  • Pages: 110
  • SKU: IRTNTR30577
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The global oolong tea market size will grow by USD 316.3 million during 2019-2023. This report offers an analysis of the market based on product (conventional oolong tea and organic oolong tea) and geography (the Americas, APAC, and EMEA). The oolong tea market research report further analyzes the market’s competitive landscape and offers information on several companies including Associated British Foods, Hain Celestial, ITO EN, Tata Global Beverages, and Unilever.

Below are some of the key findings from the oolong tea market research report

Oolong Tea Market

 

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Global oolong tea industry overview

The growing awareness of the health benefits of oolong tea is one of the key factors driving the global oolong tea market growth. Some of the health benefits of oolong tea include weight loss, diabetes control, tooth and bone strength resulting in the lowering of cancer risk, and better cardiovascular and brain health. In addition, the regular consumption of oolong tea also helps in mitigating skin conditions like eczema, strengthening immunity, and improving hair health. These benefits have led to the growing adoption of oolong tea among consumers and will boost the oolong tea market growth during the forecast period.

The growing demand for ready-to-drink (RTD) tea is one of the significant oolong tea market trends which will further stimulate market growth. One of the key reasons for this trend is the introduction of new flavors of oolong tea. Several vendors are introducing newer flavors of RTD tea for differentiating tastes of consumers. The oolong tea market forecast report predicts that fueled by these factors, the market will grow at a CAGR of over 3% during the forecast period.

Top oolong tea companies covered in this market research report

The oolong tea market is moderately fragmented and the competition among market players is intense. The market is in the growth stage and will become further fragmented during the forecast period. By offering a complete analysis of the market's competitive landscape and with information on the products offered by the companies, this oolong tea industry analysis report will aid clients to identify new growth opportunities and design new growth strategies.

The report offers a complete analysis of various companies including:

  • Associated British Foods
  • Hain Celestial
  • ITO EN
  • Tata Global Beverages
  • Unilever

Oolong tea market segmentation based on geographic regions

  • Americas
  • APAC
  • EMEA

Global oolong tea market analysis reveals that the APAC region will lead the oolong tea market share until the end of 2023. The EMEA region will account for the highest oolong tea market growth throughout the forecast period.

Oolong tea market segmentation based on product

  • Conventional oolong tea
  • Organic oolong tea

The conventional oolong tea segment will continue to dominate the oolong tea market share during the forecast period. Organic oolong tea will account for the highest oolong tea market growth. Additionally, the report also provides an accurate prediction of the contribution of the various products segments to the growth of the oolong tea market size.

Key highlights of the global oolong tea market for the forecast years 2019-2023:

  • CAGR of the market during the forecast period 2019-2023
  • Detailed information on factors that will accelerate the growth of the oolong tea market during the next five years
  • Precise estimation of the global oolong tea market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the oolong tea industry across the Americas, APAC, and EMEA
  • A thorough analysis of the market's competitive landscape and detailed information on several vendors
  • Comprehensive details on the factors that will challenge the growth of oolong tea companies

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PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface
  • 2.2 Preface
  • 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY PRODUCT

  • Market segmentation by product
  • Comparison by product
  • Conventional oolong tea - Market size and forecast 2018-2023
  • Organic oolong tea - Market size and forecast 2018-2023
  • Market opportunity by product

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2018-2023
  • EMEA - Market size and forecast 2018-2023
  • Americas - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 09: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 10: MARKET TRENDS

  • Increasing influence of online retailing
  • Growing demand for ready-to-drink tea
  • Innovation in packaging

PART 11: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption

PART 12: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Associated British Foods
  • Hain Celestial
  • ITO EN
  • Tata Global Beverages
  • Unilever

PART 13: APPENDIX

  • Research methodology
  • 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.

TechnavioINFORMATION 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
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TechnavioDATA 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
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TechnavioREPORT 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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