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The slimming tea market share is expected to increase by USD 8.88 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 5.85%.
This slimming tea market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers the slimming tea market segmentation by product (green tea, herbal tea, and others), distribution channel (offline and online), and geography (APAC, North America, Europe, Middle East, Africa, and South America). The slimming tea market report also offers information on several market vendors, including adagio teas, AriZona Beverages USA LLC, Associated British Foods Plc, Barrys Tea, Dilmah Ceylon Tea Co. Plc, Harney and Sons Fine Teas, ITO EN Ltd., MARIAGE FRERES, Nestle SA, ORGANIC INDIA USA, Sancha Tea Boutique, SMITH TEAMAKER LLC, Tata Sons Pvt. Ltd., Thai Beverage Plc, The Hain Celestial Group Inc., The Republic of Tea Inc., The Tea Shelf, The Tea Spot, Unilever Group, and WorldPantry.com Inc. among others.
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Based on our research output, there has been a positive impact on the market growth during and after post COVID-19 era. The focus on reducing weight is notably driving the slimming tea market growth, although factors such as the growing demand for physical fitness and its related diets may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic's impact on the slimming tea industry. The holistic analysis of the drivers will help deduce end goals and refine marketing strategies to gain a competitive edge.
Key Slimming Tea Market Driver
One of the key factors driving growth in the slimming tea market is the increased consumption of slimming tea products. In recent years, consumer demand has been moving away from industrial-scale processed food in favor of healthier, more natural, and/or organic options. This switch is encouraging people across the globe to be more conscious about the food and beverages they consume, which has had the runoff effect of making more people interested in fitness. Growing awareness about organic and natural food products and the health benefits associated with them is a major factor that is driving the global slimming tea market.
Key Slimming Tea Market Trend
The awareness about weight management is a slimming tea market trend that is expected to have a positive impact in the coming years. Many campaigns are designed and promoted by vendors and by governments to avoid obesity and promote weight loss. The goal of these campaigns is to create awareness among people to get a healthy and balanced weight. These campaigns are motivating users to lose weight to prevent obesity and attain healthy body weight. As other methods of weight loss such as physical exercises, gym, swimming, and dieting are tedious and painful processes, the users are more likely to incline toward slimming tea. The global slimming tea market is highly competitive, with the presence of many vendors with multiple product offerings. To overcome the competition and to differentiate their product offerings, vendors are continuously introducing innovative products. Flavored tea is one of those innovative products, which is gaining acceptance among consumers.
Key Slimming Tea Market Challenge
The growing demand for physical fitness and its related diets will be a major challenge for the slimming tea market during the forecast period. The growing obese population is one of the major concerns among lifestyle-related diseases. To avoid these lifestyle-related diseases and to take preventive measures, many people are engaged in various physical activities, which increase physical fitness and help in maintaining a healthy weight. To support weight management through physical activities and the gym, people take specified diets and weight loss supplements. These weight loss supplements are available in multiple formulations such as powder, tablets, capsules, and snacks such as energy bars. Weight loss supplements are direct substitutes for slimming tea, as they serve a similar purpose. Apart from this, the growing demand for working out at the gym and other physical activities also hampers the market growth of slimming tea. Thus, the rising awareness about physical activities, gyms, sports, and the associated diets followed by the users to get the best results is a major challenge for the growth of the global slimming tea market.
This slimming tea market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Technavio categorizes the global slimming tea market as a part of the global packaged food market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the slimming tea market during the forecast period.
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
This statistical study of the slimming tea market encompasses successful business strategies deployed by the key vendors. The slimming tea market is concentrated and the vendors are deploying organic and inorganic growth strategies to compete in the market.
Nestle SA - Company offer green tea brewed with specially selected premium Jasmine Green tea leaves.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The slimming tea market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Our report provides extensive information on the value chain analysis for the slimming tea market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
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46% of the market’s growth will originate from APAC during the forecast period. India, Sri Lanka, Vietnam, and China are the key markets for slimming tea in APAC. Market growth in this region will be faster than the growth of the market in the South American and MEA regions.
The high-volume production of teas in countries such as China, India, Sri Lanka, Indonesia, Vietnam, and Taiwan will facilitate the slimming tea market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
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The slimming tea market share growth by the green tea segment will be significant during the forecast period. Green tea has the highest market share in the global slimming tea market owing to the increased awareness about the product and its health benefits for losing weight. Green tea, which is produced in different countries and exported to the international market, has different aromas and textures and is preferred by regional customers also.
This report provides an accurate prediction of the contribution of all the segments to the growth of the slimming tea market size and actionable market insights on post COVID-19 impact on each segment.
Slimming Tea Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.85% |
Market growth 2022-2026 |
$ 8.88 billion |
Market structure |
Fragmented |
YoY growth (%) |
5.26 |
Regional analysis |
APAC, North America, Europe, Middle East, and Africa, and South America performing performing |
Performing market contribution |
APAC at 46% |
Key consumer countries |
US, China, Japan, Russia, and Germany |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
adagio teas, AriZona Beverages USA LLC, Associated British Foods Plc, Barrys Tea, Dilmah Ceylon Tea Co. Plc, Harney and Sons Fine Teas, ITO EN Ltd., MARIAGE FRERES, Nestle SA, ORGANIC INDIA USA, Sancha Tea Boutique, SMITH TEAMAKER LLC, Tata Sons Pvt. Ltd., Thai Beverage Plc, The Hain Celestial Group Inc., The Republic of Tea Inc., The Tea Shelf, The Tea Spot, Unilever Group, and WorldPantry.com Inc. |
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, and 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. |
We can help! Our analysts can customize this report to meet your requirements. Get in touch
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Product
6 Market Segmentation by Distribution Channel
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Vendor Landscape
11 Vendor Analysis
12 Appendix
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