How big is the Tea market?

The tea market size is estimated to grow at $$ 19.9 bn in 2025-2029. <a href='https://www.technavio.com/report/tea-market-industry-analysis'>Read More</a>

Which segment accounted for the largest Tea market share?

Market segmentation by distribution channel (Offline, Online, and Others), product (Black tea, Green tea, Others, South America, and Middle East and Africa), and geography (APAC, .... <a href='https://www.technavio.com/report/tea-market-industry-analysis'>Read More</a>

Who are the key players in the Tea market?

Assam Company India, Akbar Group, Apeejay Surrendra Group, Associated British Foods Plc, Barrys Tea, Fukujuen Co. Ltd., Godrej and Boyce Manufacturing Co. Ltd., Harney and .... <a href='https://www.technavio.com/report/tea-market-industry-analysis'>Read More</a>

What are the factors driving the Tea market?

The key factors driving the tea market growth are: Functional benefits of tea increasing its growth New product launches . <a href='https://www.technavio.com/report/tea-market-industry-analysis'>Read More</a>

Tea Market Analysis APAC, Europe, North America, South America, Middle East and Africa - India, China, UK, Japan, Germany, US, France, Italy, Canada, Brazil - Size and Forecast 2025-2029

Published: Dec 2024
Pages: 197
SKU: IRTNTR40978

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Tea Market Size 2025-2029

The tea market size is forecast to increase by USD 19.9 billion, at a CAGR of 5.5% between 2024 and 2029.

The market growth depends on factors such as the functional benefits of tea, which drive its growth by attracting consumers seeking health-conscious beverage options. It also depends on trends like new product launches, with companies introducing innovative tea varieties that offer additional health benefits.
However, the market faces challenges such as the negative impact of overconsumption of tea, which can lead to health issues like caffeine dependence and digestive problems. Despite these challenges, the market continues to grow, fueled by increasing demand for health-promoting and sustainable tea options.

What will be the Size of the Market During the Forecast Period?

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1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market by Geography
- Executive Summary - Chart on Market Segmentation by Distribution Channel
- Executive Summary - Chart on Market Segmentation by Product
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Technavio Analysis

2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

2.2 Criticality of inputs and Factors of differentiation
- Overview on criticality of inputs and factors of differentiation

2.3 Factors of disruption
- Overview on factors of disruption

2.4 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029

3 Market Landscape

3.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market

3.2 Market characteristics
- Market characteristics analysis

3.3 Value chain analysis
- Value chain analysis

4 Market Sizing

4.1 Market definition
- Offerings of companies included in the market definition

4.2 Market segment analysis
- Market segments

4.3 Market size 2024

4.4 Market outlook: Forecast for 2024-2029
- Chart on Global - Market size and forecast 2024-2029 ($ billion)
- Data Table on Global - Market size and forecast 2024-2029 ($ billion)
- Chart on Global Market: Year-over-year growth 2024-2029 (%)
- Data Table on Global Market: Year-over-year growth 2024-2029 (%)

5 Historic Market Size

5.1 Global Tea Market 2019 - 2023
- Historic Market Size - Data Table on Global Tea Market 2019 - 2023 ($ billion)

5.2 Distribution Channel segment analysis 2019 - 2023
- Historic Market Size - Distribution Channel Segment 2019 - 2023 ($ billion)

5.3 Product segment analysis 2019 - 2023
- Historic Market Size - Product Segment 2019 - 2023 ($ billion)

5.4 Geography segment analysis 2019 - 2023
- Historic Market Size - Geography Segment 2019 - 2023 ($ billion)

5.5 Country segment analysis 2019 - 2023
- Historic Market Size - Country Segment 2019 - 2023 ($ billion)

6 Qualitative Analysis

6.1 Impact of AI on the Global Tea Market

7 Five Forces Analysis

7.1 Five forces summary
- Five forces analysis - Comparison between 2024 and 2029

7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2024 and 2029

7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2024 and 2029

7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2024 and 2029

7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2024 and 2029

7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2024 and 2029

7.7 Market condition
- Chart on Market condition - Five forces 2024 and 2029

8 Market Segmentation by Distribution Channel

8.1 Market segments
- Chart on Distribution Channel - Market share 2024-2029 (%)
- Data Table on Distribution Channel - Market share 2024-2029 (%)

8.2 Comparison by Distribution Channel
- Chart on Comparison by Distribution Channel
- Data Table on Comparison by Distribution Channel

8.3 Offline - Market size and forecast 2024-2029
- Chart on Offline - Market size and forecast 2024-2029 ($ billion)
- Data Table on Offline - Market size and forecast 2024-2029 ($ billion)
- Chart on Offline - Year-over-year growth 2024-2029 (%)
- Data Table on Offline - Year-over-year growth 2024-2029 (%)

8.4 Online - Market size and forecast 2024-2029
- Chart on Online - Market size and forecast 2024-2029 ($ billion)
- Data Table on Online - Market size and forecast 2024-2029 ($ billion)
- Chart on Online - Year-over-year growth 2024-2029 (%)
- Data Table on Online - Year-over-year growth 2024-2029 (%)

8.5 Market opportunity by Distribution Channel
- Market opportunity by Distribution Channel ($ billion)
- Data Table on Market opportunity by Distribution Channel ($ billion)

9 Market Segmentation by Product

9.1 Market segments
- Chart on Product - Market share 2024-2029 (%)
- Data Table on Product - Market share 2024-2029 (%)

9.2 Comparison by Product
- Chart on Comparison by Product
- Data Table on Comparison by Product

9.3 Black tea - Market size and forecast 2024-2029
- Chart on Black tea - Market size and forecast 2024-2029 ($ billion)
- Data Table on Black tea - Market size and forecast 2024-2029 ($ billion)
- Chart on Black tea - Year-over-year growth 2024-2029 (%)
- Data Table on Black tea - Year-over-year growth 2024-2029 (%)

9.4 Green tea - Market size and forecast 2024-2029
- Chart on Green tea - Market size and forecast 2024-2029 ($ billion)
- Data Table on Green tea - Market size and forecast 2024-2029 ($ billion)
- Chart on Green tea - Year-over-year growth 2024-2029 (%)
- Data Table on Green tea - Year-over-year growth 2024-2029 (%)

9.5 Others - Market size and forecast 2024-2029
- Chart on Others - Market size and forecast 2024-2029 ($ billion)
- Data Table on Others - Market size and forecast 2024-2029 ($ billion)
- Chart on Others - Year-over-year growth 2024-2029 (%)
- Data Table on Others - Year-over-year growth 2024-2029 (%)

9.6 Market opportunity by Product
- Market opportunity by Product ($ billion)
- Data Table on Market opportunity by Product ($ billion)

10 Market Segmentation by Form

10.1 Market segments
- Chart on Form - Market share (2024-2029) (%)
- Data Table on Form - Market share (2024-2029) (%)

10.2 Comparison by Form
- Chart on Comparison by Form
- Data Table on Comparison by Form

10.3 Leaf Tea - Market size and forecast (2024-2029)
- Chart on Leaf Tea - Market size and forecast (2024-2029) ($ million)
- Data Table on Leaf Tea - Market size and forecast (2024-2029) ($ million)
- Chart on Leaf Tea - Year-over-year growth (2024-2029) (%)
- Data Table on Leaf Tea - Year-over-year growth (2024-2029) (%)

10.4 CTC Tea - Market size and forecast (2024-2029)
- Chart on CTC Tea - Market size and forecast (2024-2029) ($ million)
- Data Table on CTC Tea - Market size and forecast (2024-2029) ($ million)
- Chart on CTC Tea - Year-over-year growth (2024-2029) (%)
- Data Table on CTC Tea - Year-over-year growth (2024-2029) (%)

10.5 Others - Market size and forecast (2024-2029)
- Chart on Others - Market size and forecast (2024-2029) ($ million)
- Data Table on Others - Market size and forecast (2024-2029) ($ million)
- Chart on Others - Year-over-year growth (2024-2029) (%)
- Data Table on Others - Year-over-year growth (2024-2029) (%)

10.6 Market opportunity by Form
- Market opportunity by $segment_name ($ million)
- Data Table on Market opportunity by $segment_name ($ million)

11 Customer Landscape

11.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

12 Geographic Landscape

12.1 Geographic segmentation
- Chart on Market share by geography 2024-2029 (%)
- Data Table on Market share by geography 2024-2029 (%)

12.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison

12.3 APAC - Market size and forecast 2024-2029
- Chart on APAC - Market size and forecast 2024-2029 ($ billion)
- Data Table on APAC - Market size and forecast 2024-2029 ($ billion)
- Chart on APAC - Year-over-year growth 2024-2029 (%)
- Data Table on APAC - Year-over-year growth 2024-2029 (%)

12.4 Europe - Market size and forecast 2024-2029
- Chart on Europe - Market size and forecast 2024-2029 ($ billion)
- Data Table on Europe - Market size and forecast 2024-2029 ($ billion)
- Chart on Europe - Year-over-year growth 2024-2029 (%)
- Data Table on Europe - Year-over-year growth 2024-2029 (%)

12.5 North America - Market size and forecast 2024-2029
- Chart on North America - Market size and forecast 2024-2029 ($ billion)
- Data Table on North America - Market size and forecast 2024-2029 ($ billion)
- Chart on North America - Year-over-year growth 2024-2029 (%)
- Data Table on North America - Year-over-year growth 2024-2029 (%)

12.6 South America - Market size and forecast 2024-2029
- Chart on South America - Market size and forecast 2024-2029 ($ billion)
- Data Table on South America - Market size and forecast 2024-2029 ($ billion)
- Chart on South America - Year-over-year growth 2024-2029 (%)
- Data Table on South America - Year-over-year growth 2024-2029 (%)

12.7 Middle East and Africa - Market size and forecast 2024-2029
- Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ billion)
- Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ billion)
- Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)

12.8 India - Market size and forecast 2024-2029
- Chart on India - Market size and forecast 2024-2029 ($ billion)
- Data Table on India - Market size and forecast 2024-2029 ($ billion)
- Chart on India - Year-over-year growth 2024-2029 (%)
- Data Table on India - Year-over-year growth 2024-2029 (%)

12.9 China - Market size and forecast 2024-2029
- Chart on China - Market size and forecast 2024-2029 ($ billion)
- Data Table on China - Market size and forecast 2024-2029 ($ billion)
- Chart on China - Year-over-year growth 2024-2029 (%)
- Data Table on China - Year-over-year growth 2024-2029 (%)

12.10 UK - Market size and forecast 2024-2029
- Chart on UK - Market size and forecast 2024-2029 ($ billion)
- Data Table on UK - Market size and forecast 2024-2029 ($ billion)
- Chart on UK - Year-over-year growth 2024-2029 (%)
- Data Table on UK - Year-over-year growth 2024-2029 (%)

12.11 Japan - Market size and forecast 2024-2029
- Chart on Japan - Market size and forecast 2024-2029 ($ billion)
- Data Table on Japan - Market size and forecast 2024-2029 ($ billion)
- Chart on Japan - Year-over-year growth 2024-2029 (%)
- Data Table on Japan - Year-over-year growth 2024-2029 (%)

12.12 Germany - Market size and forecast 2024-2029
- Chart on Germany - Market size and forecast 2024-2029 ($ billion)
- Data Table on Germany - Market size and forecast 2024-2029 ($ billion)
- Chart on Germany - Year-over-year growth 2024-2029 (%)
- Data Table on Germany - Year-over-year growth 2024-2029 (%)

12.13 US - Market size and forecast 2024-2029
- Chart on US - Market size and forecast 2024-2029 ($ billion)
- Data Table on US - Market size and forecast 2024-2029 ($ billion)
- Chart on US - Year-over-year growth 2024-2029 (%)
- Data Table on US - Year-over-year growth 2024-2029 (%)

12.14 France - Market size and forecast 2024-2029
- Chart on France - Market size and forecast 2024-2029 ($ billion)
- Data Table on France - Market size and forecast 2024-2029 ($ billion)
- Chart on France - Year-over-year growth 2024-2029 (%)
- Data Table on France - Year-over-year growth 2024-2029 (%)

12.15 Italy - Market size and forecast 2024-2029
- Chart on Italy - Market size and forecast 2024-2029 ($ billion)
- Data Table on Italy - Market size and forecast 2024-2029 ($ billion)
- Chart on Italy - Year-over-year growth 2024-2029 (%)
- Data Table on Italy - Year-over-year growth 2024-2029 (%)

12.16 Canada - Market size and forecast 2024-2029
- Chart on Canada - Market size and forecast 2024-2029 ($ billion)
- Data Table on Canada - Market size and forecast 2024-2029 ($ billion)
- Chart on Canada - Year-over-year growth 2024-2029 (%)
- Data Table on Canada - Year-over-year growth 2024-2029 (%)

12.17 Brazil - Market size and forecast 2024-2029
- Chart on Brazil - Market size and forecast 2024-2029 ($ billion)
- Data Table on Brazil - Market size and forecast 2024-2029 ($ billion)
- Chart on Brazil - Year-over-year growth 2024-2029 (%)
- Data Table on Brazil - Year-over-year growth 2024-2029 (%)

12.18 Market opportunity by geography
- Market opportunity by geography ($ billion)
- Data Tables on Market opportunity by geography ($ billion)

13 Drivers, Challenges, and Opportunity/Restraints

13.1 Market drivers

13.2 Market challenges

13.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029

13.4 Market opportunities/restraints

14 Competitive Landscape

14.1 Overview

14.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation

14.3 Landscape disruption
- Overview on factors of disruption

14.4 Industry risks
- Impact of key risks on business

15 Competitive Analysis

15.1 Companies profiled
- Companies covered

15.2 Company ranking index
- Company ranking index

15.3 Market positioning of companies
- Matrix on companies position and classification

15.4 Akbar Group
- Akbar Group - Overview
- Akbar Group - Product / Service
- Akbar Group - Key offerings
- SWOT

15.5 Apeejay Surrendra Group
- Apeejay Surrendra Group - Overview
- Apeejay Surrendra Group - Product / Service
- Apeejay Surrendra Group - Key offerings
- SWOT

15.6 Associated British Foods Plc
- Associated British Foods Plc - Overview
- Associated British Foods Plc - Business segments
- Associated British Foods Plc - Key offerings
- Associated British Foods Plc - Segment focus
- SWOT

15.7 Barrys Tea
- Barrys Tea - Overview
- Barrys Tea - Product / Service
- Barrys Tea - Key offerings
- SWOT

15.8 Fukujuen Co. Ltd.
- Fukujuen Co. Ltd. - Overview
- Fukujuen Co. Ltd. - Product / Service
- Fukujuen Co. Ltd. - Key offerings
- SWOT

15.9 Godrej and Boyce Manufacturing Co. Ltd.
- Godrej and Boyce Manufacturing Co. Ltd. - Overview
- Godrej and Boyce Manufacturing Co. Ltd. - Product / Service
- Godrej and Boyce Manufacturing Co. Ltd. - Key offerings
- SWOT

15.10 ITO EN Ltd.
- ITO EN Ltd. - Overview
- ITO EN Ltd. - Business segments
- ITO EN Ltd. - Key offerings
- ITO EN Ltd. - Segment focus
- SWOT

15.11 LIPTON Teas and Infusions
- LIPTON Teas and Infusions - Overview
- LIPTON Teas and Infusions - Product / Service
- LIPTON Teas and Infusions - Key offerings
- SWOT

15.12 Nestle SA
- Nestle SA - Overview
- Nestle SA - Business segments
- Nestle SA - Key news
- Nestle SA - Key offerings
- Nestle SA - Segment focus
- SWOT

15.13 senchasou.co,ltd.
- senchasou.co,ltd. - Overview
- senchasou.co,ltd. - Product / Service
- senchasou.co,ltd. - Key offerings
- SWOT

15.14 Tata Consumer Products Ltd.
- Tata Consumer Products Ltd. - Overview
- Tata Consumer Products Ltd. - Business segments
- Tata Consumer Products Ltd. - Key news
- Tata Consumer Products Ltd. - Key offerings
- Tata Consumer Products Ltd. - Segment focus
- SWOT

15.15 The Hain Celestial Group Inc.
- The Hain Celestial Group Inc. - Overview
- The Hain Celestial Group Inc. - Business segments
- The Hain Celestial Group Inc. - Key news
- The Hain Celestial Group Inc. - Key offerings
- The Hain Celestial Group Inc. - Segment focus
- SWOT

15.16 The Republic of Tea Inc.
- The Republic of Tea Inc. - Overview
- The Republic of Tea Inc. - Product / Service
- The Republic of Tea Inc. - Key offerings
- SWOT

15.17 Williamson Magor Group
- Williamson Magor Group - Overview
- Williamson Magor Group - Product / Service
- Williamson Magor Group - Key offerings
- SWOT

15.18 Yunnan Dayi Tea Industry Group Co. Ltd.
- Yunnan Dayi Tea Industry Group Co. Ltd. - Overview
- Yunnan Dayi Tea Industry Group Co. Ltd. - Product / Service
- Yunnan Dayi Tea Industry Group Co. Ltd. - Key offerings
- SWOT

16 Appendix

16.1 Scope of the report

16.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist

16.3 Currency conversion rates for US$
- Currency conversion rates for US$

16.4 Research methodology
- Research methodology

16.5 Data procurement
- Information sources

16.6 Data validation
- Data validation

16.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing

16.8 Data synthesis
- Data synthesis

16.9 360 degree market analysis
- 360 degree market analysis

16.10 List of abbreviations
- 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