This report titled “Tea Market - Growth, Future Prospects, and Competitive Analysis, 2017 – 2025” offers strategic insights into the trends in the global tea market along with the market size and forecast for the duration 2017 to 2025. The said research study incorporates in-depth analysis of multiple market segments based on product type and geographical distribution.

The global tea market is becoming increasingly competitive with growing number of mergers and collaborations between market players to reach full capabilities and gain international footprint. Rapid growth of this market has also resulted in creating further skilled job opportunities in major hubs spread across Asia Pacific, North America, and Europe.  

Based on product types, the global tea market is categorized into leaf tea, CTC tea and others. On the basis of leaf tea type, this segment is further categorized into green tea, black tea, and oolong tea. Market size and forecast for all the considered segmentation is presented in this report for the period 2015-2025 (US$ Mn) along with their respective CAGRs for the forecast period 2017-2025 (Value %).

In terms of geographical distribution, the global tea market is studied for five major regions namely, North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. Market size and forecast for each regional and country-level market are included in the report for the considered periods. To further elucidate, the geographical distribution of the global tea market is as follows:

• North America
  • U.S.
  • Canada
  • Rest of North America
• Europe
  • EU 7
  • CIS
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East and Africa
  • GCC
  • Rest of Middle East and Africa

Along with the quantitative information sets, this report also provides qualitative information such as market dynamics and executive summary for the global tea market. Tools such as competition assessment and attractive investment proposition are also included in the report to provide the readers with competitive mapping assistance. This study concludes with company profiles section. This section includes major information about the key companies engaged in manufacturing of tea. The major companies profiled in this report include Wissotzky Tea Inc., Unilever Ltd., Akbar Brothers Ltd., Twinings of London Ltd., Tata Global beverages Ltd., Associated British Foods plc, Nestle S.A., Da Yi Tea Grp, Barry’s Tea, McLead Russel Ltd., Harney and Sons Ltd., and Teavana Ltd.

Based on the product type, the global tea market is segmented as follows:

• Leaf Tea  
  • Green Tea
  • Black Tea
  • Oolong Tea
• CTC Tea (Crush, Tear, Curl)
• Others (Herbal tea, Flavored tea, Others)

Changing lifestyle provide an opportunity to the tea industry as the growing middle class and urbanized population of many emerging and developing markets influence the consumption of tea. The black tea segment is expected to contribute relatively high revenue over the forecast period. Green tea segment is also expected to witness favorable revenue growth in the global tea market. The major factors that drive the global market for green tea include growing consumer awareness for healthy and safe products and the growing number of people suffering from obesity, cancer digestive disorders. It is estimated that by 2020 the overweight population will increase to 60 million, which will drive the demand for green tea in future. Among all major markets for type, black tea and green tea segments are expected to witness significant growth rates over the forecast period.

For the purpose of this study, the global tea market is categorized into:

• North America
• Europe
• Asia Pacific
• Latin America (LATAM)
• Middle East and Africa (MEA)

At present, Asia Pacific and North America are the largest regional markets for tea manufacturing. These regions are domicile for several large, mid and small sized (niche) tea manufacturers that offer a wide range of products. Tea market is also rapidly picking up pace in North America and Europe when compared with other regions. Urge for cost containment and focus on core competencies, along with growing need for skilled workforce are the key market derivers in these regions. On the other hand, Asia Pacific is the fastest growing market for tea manufacturing. Availability of huge resource in the region along with offering of competitive service pricing, and emergence of several large-sized companies in the region make Asia Pacific a significantly lucrative hub for tea manufacturing. China and India are anticipated to be the most prominent country-level markets for tea during the forecast period.