Tea Market Analysis APAC, Europe, North America, South America, Middle East and Africa - US, China, India, Japan, UK - Size and Forecast 2024-2028

Published: Mar 2024 Pages: 164 SKU: IRTNTR40978

Tea Market Forecast 2024-2028

The tea market size is forecast to increase by USD 19.34 billion at a CAGR of  5.6% between 2023 and 2028. 

The rising consumption of tea products in APAC drives market growth in the region. Global and regional tea companies expand their consumer base in APAC through increased e-commerce activities, particularly via third-party online platforms like Amazon.com Inc (Amazon). Akbar Brothers Pvt. Ltd. offers various tea types, including Ceylon tea, green tea, black tea, flavored black tea, and flavored green tea. The market experiences a notable growth rate, providing benefits and convenience to consumers. 

Market Overview

The market shows an accelerated CAGR during the forecast period.

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Key Market Driver 

The rapid rise in the consumption of green tea is notably driving the market. Globally, there is a notable surge in the consumption of green tea, with a particularly rapid increase expected. Historically, until late 2014, green tea availability was predominantly limited to China and certain parts of Asia. However, a significant shift occurred in 2016, leading to the widespread popularity of green tea in Europe and North America, attributed to its various medicinal benefits.

The unique attributes of green tea, such as its rich content of Camellia sinensis herb, anti-oxidants, minerals, and polyphenolic compounds, contribute to its growing appeal. The diverse range of green tea varieties, including white tea, oolong tea, and others, cater to evolving consumer preferences. As green tea gains prominence globally, it not only addresses health concerns, including heart disorders, aging, and diabetes but also aligns with cultural practices, introducing new flavors and herbal tea variations into the market. The infusion of Asian culture, flavonoids, and phytochemicals further propels the expanding popularity of green tea worldwide. Hence, such factors will drive market growth during the forecast period.

Significant Market Trends 

The growing popularity of purple tea is an emerging trend in the market. Purple tea is a rare variety of tea that is mainly grown in Kenya. In addition, purple tea plants are grown at an elevation that is between 4,500 and 7,500 feet. Furthermore, this elevation allows plants to sustain intense sun rays, thereby producing increased levels of protective anthocyanins and higher levels of polyphenols than polyphenols levels in other teas.

Moreover, this beverage contains red and purple anthocyanins that cause the distinctive purple color of the leaves. In addition, scientists believe that anthocyanins help the immune system combat free radicals in the body and soothe inflammation. Furthermore, this beverage is relatively rare compared to other beverage varieties, as it is primarily cultivated in specific regions with suitable growing conditions, such as Kenya and China. Hence, such factors will drive market growth during the forecast period.

Major Market Challenge 

The negative impact of overconsumption of tea is a major challenge hindering the market. Intake of tea is good for health in several aspects, but excessive consumption of tea is not preferable. For instance, according to nutritionists, the ideal consumption of tea should not be more than three cups a day.  Furthermore, the major threat of overconsumption of tea is that tea can be addictive. 

Moreover, excess consumption of this beverage increases the intake of caffeine as well. In addition, high caffeine levels reduce the absorption abilities of tubules, thus causing dehydration. Furthermore, a high intake of caffeine also leads to bloating, which is caused by unwanted water retention due to dehydration. Hence, such factors hinder market growth during the forecast period.

Market Segmentation by Product

The diversity of flavors in the black tea segment will increase the market. The black tea segment is obtained by extreme oxidation of Camellia sinensis. In addition, under the oxidation process, the leaves are exposed to moist, oxygen-rich air. Moreover, during the oxidation process, the leaf turns into a dark-brownish-black color, thus forming this beverage. In addition, this beverage has a strong flavor when compared with the flavor of other types of tea. In addition, the a strong demand for this beverage in countries such as Turkey, Saudi Arabia, Iran, and the UK. Furthermore, the diversity of flavors and aromas that appeal to different tastes and occasions is expected to fuel the growth of this segment, which, in turn, drives the market during the forecast period.

Market Segmentation by Distribution Channel

The offline segment is estimated to witness significant growth during the forecast period. The offline segment of the global market refers to the distribution and sales of functional tea products through physical retail channels, including brick-and-mortar stores, supermarkets, specialty tea shops, and health food stores. In addition, this segment involves consumers visiting physical locations to purchase this beverage rather than making purchases through online platforms or e-commerce websites. 

The offline segment was the largest segment and was valued at USD 43.48 billion in 2018.

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Moreover, offline distribution channels play a significant role in the global market, as they provide consumers with the opportunity to physically see, touch, and sample the products before making a purchase. In addition, these channels also allow for personalized customer interactions and the assistance of knowledgeable staff who can provide recommendations and answer product-related queries. Furthermore, the offline segment remains an essential part of the market, as it caters to consumers who prefer traditional shopping experiences, value in-person interactions, and appreciate the sensory aspects of purchasing this beverage product. Hence, such factors are fuelling the growth of this segment which in turn drives the market during the forecast period.

Key Regions for the Market

APAC is estimated to contribute 60% to the growth of the global market during the forecast period

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Technavio's analysts have provided extensive insight into the market forecasting, detailing the regional trends and drivers influencing the market's trajectory throughout the forecast period.APAC is one of the main producers and consumers of tea products across the world. In addition, China is one of the major manufacturers and exporters of green tea, and India is one of the major manufacturers and exporters of black tea. Moreover, other prominent markets for this beverage in APAC include Japan, Sri Lanka, Vietnam, and Indonesia. In addition, China was the largest manufacturer and consumer of green tea in 2023, with the production of green tea in China is higher than the production of green tea in Japan.  Furthermore, increasing penetration of the Internet and the growing trend of online shopping in the region are significantly contributing to the market. Hence, such factors are driving the market in APAC 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 forecasting growth and analysis.

  • Key Offering - Apeejay Surrendra Group: The company offers tea such as Darjeeling tea and Assam tea.
  • Key Offering - Associated British Foods Plc: The company offers various types of tea, such as Earl Gray, Darjeeling Tea, and Lemon Tea.

The  market growth and forecasting report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

ACIL, Barrys Tea, Fukujuen Co. Ltd., Godrej and Boyce Manufacturing Co. Ltd., Harney and Sons Fine Teas, ITO EN Ltd., LIPTON Teas and Infusions, M.M.Ispahani LTD., Mighty Leaf Tea Canada, Nestle SA, Numi Inc., Senchasou.co ltd., Tata Consumer Products Ltd., The Hain Celestial Group Inc., The Republic of Tea Inc., Williamson Magor and Co. Ltd., and Yunnan Dayi Tea Industry Group Co. Ltd.

The market analysis and report of 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 research report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028. 

  • Distribution Channel Outlook
    • Offline
    • Online
  • Product Outlook
    • Black tea
    • Green tea
    • Others
  • Region Outlook
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile
      • Argentina
      • Brazil
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Market Analyst Overview

The market experiences robust growth driven by the popularity of the Camellia sinensis herb, known for its rich composition of beneficial components like potassium, calcium, and polyphenolic compounds. Consumers are increasingly embracing tea for its various health benefits, including anti-aging, and anti-diabetic properties and support for heart and metabolic activities. With a rising health consciousness, herbal teas, specialty iced teas, and organic tea varieties have gained prominence. Factors such as changing raw material prices, unexpected weather circumstances, and the appeal of new flavors contribute to the market's dynamics. The market caters to diverse preferences, offering flavors like Rum and Honey Flavoured Herbal Tea, chamomile, and jasmine, meeting the demands of health-conscious individuals, pregnant women, and consumers seeking antioxidant benefits.

The global market segment includes applications such as Oolong Tea and Herbal Tea, capturing market shares among tea drinkers and health enthusiasts. The market extends its reach through various distribution channels, including supermarkets, hypermarkets, specialty stores, and online platforms like Walmart and Big Basket. Health and fitness awareness, coupled with direct-to-consumer advertising and celebrity endorsements, influences consumer choices. The market also reflects the influence of traditional tea-producing countries, the colonial rule's impact on industrial black tea production, and the increasing adoption of online apps for quick product delivery and discounts. The diverse applications, flavors, and distribution channels contribute to the dynamic and evolving landscape of the global tea market.

Market Scope

Report Coverage

Details

Page number

164

Base year

2023

Historic period

2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 5.6%

Market Growth 2024-2028

USD 19.34 billion

Market structure

Fragmented

YoY growth 2023-2024(%)

4.69

Regional analysis

APAC, Europe, North America, South America, and Middle East and Africa

Performing market contribution

APAC at 60%

Key countries

US, China, India, Japan, and UK

Competitive landscape

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

Key companies profiled

ACIL, Akbar Brothers Pvt. Ltd., Apeejay Surrendra Group, Associated British Foods Plc, Barrys Tea, Fukujuen Co. Ltd., Godrej and Boyce Manufacturing Co. Ltd., Harney and Sons Fine Teas, ITO EN Ltd., LIPTON Teas and Infusions, M.M.Ispahani LTD., Mighty Leaf Tea Canada, Nestle SA, Numi Inc., Senchasou.co ltd., Tata Consumer Products Ltd., The Hain Celestial Group Inc., The Republic of Tea Inc., Williamson Magor and Co. Ltd., and Yunnan Dayi Tea Industry Group Co. Ltd.

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

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What are the Key Data Covered in this 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 2028
  • Precise estimation of the 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 APAC, Europe, North America, South America, and the Middle East and Africa
  • Thorough market growth analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive market research and growth analysis of factors that will challenge the growth of 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 Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Distribution Channel
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global tea market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global tea market 2018 - 2022 ($ billion)
    • 4.2 Distribution Channel Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – Distribution Channel Segment 2018 - 2022 ($ billion)
    • 4.3 Product Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – Product Segment 2018 - 2022 ($ billion)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by Distribution Channel

    • 6.1 Market segments
      • Exhibit 30: Chart on Distribution Channel - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on Distribution Channel - Market share 2023-2028 (%)
    • 6.2 Comparison by Distribution Channel
      • Exhibit 32: Chart on Comparison by Distribution Channel
      • Exhibit 33: Data Table on Comparison by Distribution Channel
    • 6.3 Offline - Market size and forecast 2023-2028
      • Exhibit 34: Chart on Offline - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 35: Data Table on Offline - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 36: Chart on Offline - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on Offline - Year-over-year growth 2023-2028 (%)
    • 6.4 Online - Market size and forecast 2023-2028
      • Exhibit 38: Chart on Online - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 39: Data Table on Online - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 40: Chart on Online - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on Online - Year-over-year growth 2023-2028 (%)
    • 6.5 Market opportunity by Distribution Channel
      • Exhibit 42: Market opportunity by Distribution Channel ($ billion)
      • Exhibit 43: Data Table on Market opportunity by Distribution Channel ($ billion)

    7 Market Segmentation by Product

    • 7.1 Market segments
      • Exhibit 44: Chart on Product - Market share 2023-2028 (%)
      • Exhibit 45: Data Table on Product - Market share 2023-2028 (%)
    • 7.2 Comparison by Product
      • Exhibit 46: Chart on Comparison by Product
      • Exhibit 47: Data Table on Comparison by Product
    • 7.3 Black tea - Market size and forecast 2023-2028
      • Exhibit 48: Chart on Black tea - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 49: Data Table on Black tea - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 50: Chart on Black tea - Year-over-year growth 2023-2028 (%)
      • Exhibit 51: Data Table on Black tea - Year-over-year growth 2023-2028 (%)
    • 7.4 Green tea - Market size and forecast 2023-2028
      • Exhibit 52: Chart on Green tea - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 53: Data Table on Green tea - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 54: Chart on Green tea - Year-over-year growth 2023-2028 (%)
      • Exhibit 55: Data Table on Green tea - Year-over-year growth 2023-2028 (%)
    • 7.5 Others - Market size and forecast 2023-2028
      • Exhibit 56: Chart on Others - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 57: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 58: Chart on Others - Year-over-year growth 2023-2028 (%)
      • Exhibit 59: Data Table on Others - Year-over-year growth 2023-2028 (%)
    • 7.6 Market opportunity by Product
      • Exhibit 60: Market opportunity by Product ($ billion)
      • Exhibit 61: Data Table on Market opportunity by Product ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 63: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 64: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 65: Chart on Geographic comparison
      • Exhibit 66: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2023-2028
      • Exhibit 67: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 68: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 69: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Exhibit 70: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.4 Europe - Market size and forecast 2023-2028
      • Exhibit 71: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 72: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 73: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 74: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.5 North America - Market size and forecast 2023-2028
      • Exhibit 75: Chart on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 76: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 77: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 78: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.6 South America - Market size and forecast 2023-2028
      • Exhibit 79: Chart on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 80: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 81: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2023-2028
      • Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.8 China - Market size and forecast 2023-2028
      • Exhibit 87: Chart on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 88: Data Table on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 89: Chart on China - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.9 India - Market size and forecast 2023-2028
      • Exhibit 91: Chart on India - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 92: Data Table on India - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 93: Chart on India - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on India - Year-over-year growth 2023-2028 (%)
    • 9.10 Japan - Market size and forecast 2023-2028
      • Exhibit 95: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 96: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 97: Chart on Japan - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • 9.11 UK - Market size and forecast 2023-2028
      • Exhibit 99: Chart on UK - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 100: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 101: Chart on UK - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on UK - Year-over-year growth 2023-2028 (%)
    • 9.12 US - Market size and forecast 2023-2028
      • Exhibit 103: Chart on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 104: Data Table on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 105: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 106: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 107: Market opportunity by geography ($ billion)
      • Exhibit 108: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 109: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 111: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 112: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 113: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 114: Matrix on vendor position and classification
            • 12.3 Akbar Brothers Pvt. Ltd.
              • Exhibit 115: Akbar Brothers Pvt. Ltd. - Overview
              • Exhibit 116: Akbar Brothers Pvt. Ltd. - Product / Service
              • Exhibit 117: Akbar Brothers Pvt. Ltd. - Key offerings
            • 12.4 Apeejay Surrendra Group
              • Exhibit 118: Apeejay Surrendra Group - Overview
              • Exhibit 119: Apeejay Surrendra Group - Product / Service
              • Exhibit 120: Apeejay Surrendra Group - Key offerings
            • 12.5 Associated British Foods Plc
              • Exhibit 121: Associated British Foods Plc - Overview
              • Exhibit 122: Associated British Foods Plc - Business segments
              • Exhibit 123: Associated British Foods Plc - Key offerings
              • Exhibit 124: Associated British Foods Plc - Segment focus
            • 12.6 Barrys Tea
              • Exhibit 125: Barrys Tea - Overview
              • Exhibit 126: Barrys Tea - Product / Service
              • Exhibit 127: Barrys Tea - Key offerings
            • 12.7 Fukujuen Co. Ltd.
              • Exhibit 128: Fukujuen Co. Ltd. - Overview
              • Exhibit 129: Fukujuen Co. Ltd. - Product / Service
              • Exhibit 130: Fukujuen Co. Ltd. - Key offerings
            • 12.8 Godrej and Boyce Manufacturing Co. Ltd.
              • Exhibit 131: Godrej and Boyce Manufacturing Co. Ltd. - Overview
              • Exhibit 132: Godrej and Boyce Manufacturing Co. Ltd. - Business segments
              • Exhibit 133: Godrej and Boyce Manufacturing Co. Ltd. - Key offerings
              • Exhibit 134: Godrej and Boyce Manufacturing Co. Ltd. - Segment focus
            • 12.9 ITO EN Ltd.
              • Exhibit 135: ITO EN Ltd. - Overview
              • Exhibit 136: ITO EN Ltd. - Business segments
              • Exhibit 137: ITO EN Ltd. - Key offerings
              • Exhibit 138: ITO EN Ltd. - Segment focus
            • 12.10 LIPTON Teas and Infusions
              • Exhibit 139: LIPTON Teas and Infusions - Overview
              • Exhibit 140: LIPTON Teas and Infusions - Product / Service
              • Exhibit 141: LIPTON Teas and Infusions - Key offerings
            • 12.11 Nestle SA
              • Exhibit 142: Nestle SA - Overview
              • Exhibit 143: Nestle SA - Business segments
              • Exhibit 144: Nestle SA - Key news
              • Exhibit 145: Nestle SA - Key offerings
              • Exhibit 146: Nestle SA - Segment focus
            • 12.12 Senchasou.co ltd.
              • Exhibit 147: Senchasou.co ltd. - Overview
              • Exhibit 148: Senchasou.co ltd. - Product / Service
              • Exhibit 149: Senchasou.co ltd. - Key offerings
            • 12.13 Tata Consumer Products Ltd.
              • Exhibit 150: Tata Consumer Products Ltd. - Overview
              • Exhibit 151: Tata Consumer Products Ltd. - Business segments
              • Exhibit 152: Tata Consumer Products Ltd. - Key news
              • Exhibit 153: Tata Consumer Products Ltd. - Key offerings
              • Exhibit 154: Tata Consumer Products Ltd. - Segment focus
            • 12.14 The Hain Celestial Group Inc.
              • Exhibit 155: The Hain Celestial Group Inc. - Overview
              • Exhibit 156: The Hain Celestial Group Inc. - Business segments
              • Exhibit 157: The Hain Celestial Group Inc. - Key news
              • Exhibit 158: The Hain Celestial Group Inc. - Key offerings
              • Exhibit 159: The Hain Celestial Group Inc. - Segment focus
            • 12.15 The Republic of Tea Inc.
              • Exhibit 160: The Republic of Tea Inc. - Overview
              • Exhibit 161: The Republic of Tea Inc. - Product / Service
              • Exhibit 162: The Republic of Tea Inc. - Key offerings
            • 12.16 Williamson Magor and Co. Ltd.
              • Exhibit 163: Williamson Magor and Co. Ltd. - Overview
              • Exhibit 164: Williamson Magor and Co. Ltd. - Product / Service
              • Exhibit 165: Williamson Magor and Co. Ltd. - Key offerings
            • 12.17 Yunnan Dayi Tea Industry Group Co. Ltd.
              • Exhibit 166: Yunnan Dayi Tea Industry Group Co. Ltd. - Overview
              • Exhibit 167: Yunnan Dayi Tea Industry Group Co. Ltd. - Product / Service
              • Exhibit 168: Yunnan Dayi Tea Industry Group Co. Ltd. - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 169: Inclusions checklist
                • Exhibit 170: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 171: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 172: Research methodology
                • Exhibit 173: Validation techniques employed for market sizing
                • Exhibit 174: Information sources
              • 13.5 List of abbreviations
                • Exhibit 175: 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

              PURCHASE FULL REPORT OF

              tea market market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • 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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