Product Code: TMRGL4187
Tea Market - Scope of Report
TMR's report on the global tea market studies the past as well as the current growth trends and opportunities to gain valuable insights of the indicators of the market during the forecast period from 2024 to 2032. The report provides revenue of the global tea market for the period 2018-2032, considering 2024 as the base year and 2032 as the forecast year. The report also provides the compound annual growth rate (CAGR %) of the global tea market from 2024 to 2032.
The report has been prepared after an extensive research. Primary research involved bulk of the research efforts, wherein analysts carried out interviews with key opinion leaders, industry leaders, and opinion makers. Secondary research involved referring to key players' product literature, annual reports, press releases, and relevant documents to understand the tea market.
Market Snapshot |
Market Value in 2023 | US$ 20.2 Bn |
Market Value in 2032 | US$ 33.9 Bn |
CAGR | 5.9% |
Secondary research also included Internet sources, statistical data from government agencies, websites, and trade associations. Analysts employed a combination of top-down and bottom-up approaches to study various attributes of the global tea market.
The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments included in the scope of the study. Moreover, the report throws light on the changing competitive dynamics in the global tea market. These serve as valuable tools for existing market players as well as for entities interested in participating in the global tea market.
The report delves into the competitive landscape of the global tea market. Key players operating in the global tea market have been identified and each one of these has been profiled in terms of various attributes. Company overview, financial standings, recent developments, and SWOT are the attributes of players in the global tea market profiled in this report.
Key Questions Answered in Global tea Market Report:
- What is the sales/revenue generated by tea across all regions during the forecast period?
- What are the opportunities in the global tea market?
- What are the major drivers, restraints, opportunities, and threats in the market?
- Which regional market is set to expand at the fastest CAGR during the forecast period?
- Which segment is expected to generate the highest revenue globally in 2032?
- Which segment is projected to expand at the highest CAGR during the forecast period?
- What are the market positions of different companies operating in the global market?
Tea Market - Research Objectives and Research Approach
The comprehensive report on the global tea market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products.
For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller ones. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.
The report analyzes the global tea market in terms of product, end-user, and region. Key segments under each criterion have been studied at length, and the market share for each of these at the end of 2032 has been provided. Such valuable insights enable market stakeholders in making informed business decisions for investment in the global tea market.
Table of Contents
1. Executive Summary
- 1.1. Global Market Outlook
- 1.2. Demand Side Trends
- 1.3. Supply Side Trends
- 1.4. Analysis and Recommendations
2. Market Overview
- 2.1. Market Coverage / Taxonomy
- 2.2. Market Definition / Scope / Limitations
3. Key Market Trends
- 3.1. Key Trends Impacting the Market
- 3.2. Product Innovation / Development Trends
4. Key Success Factors
- 4.1. Product Adoption / Usage Analysis
- 4.2. Product USPs / Features
5. Global Tea Market Demand Analysis 2019-2023 and Forecast, 2024-2032
- 5.1. Historical Market Volume (Kilo Tons) and Value (US$ Mn) Analysis, 2019-2023
- 5.2. Current and Future Market Volume (Kilo Tons) and Value (US$ Mn) Projections, 2024-2032
- 5.3. Y-o-Y Growth Trend Analysis
6. Global Market - Pricing Analysis
- 6.1. Regional Pricing Analysis
- 6.2. Global Average Pricing Analysis Benchmark
7. Market Background
- 7.1. Macro-Economic Factors
- 7.2. Global Food and Beverage Industry Overview
- 7.3. Global Organic Agriculture Land Outlook
- 7.4. Global Flavor Industry Outlook
- 7.5. Value-Chain Analysis
- 7.6. Key Regulation
- 7.7. Key Labels/Certifications
- 7.8. Market Dynamics
- 7.8.1. Drivers
- 7.8.2. Restraints
- 7.8.3. Opportunity Analysis
- 7.9. Forecast Factors - Relevance & Impact
8. Global Tea Market Analysis 2019-2023 and Forecast 2024-2032, By Type
- 8.1. Introduction / Key Findings
- 8.2. Historical Market Size (US$ Mn) and Volume Analysis By Type, 2019-2023
- 8.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Type, 2024-2032
- 8.3.1. Black Tea
- 8.3.2. Green Tea
- 8.3.3. Oolong Tea
- 8.3.4. Herbal Tea
- 8.3.5. Others (Flavored Tea, Iced Tea etc.)
- 8.4. Market Attractiveness Analysis By Type
9. Global Tea Market Analysis 2019-2023 and Forecast 2024-2032, By Distribution Channel
- 9.1. Introduction / Key Findings
- 9.2. Historical Market Size (US$ Mn) and Volume Analysis By Distribution Channel, 2019-2023
- 9.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Distribution Channel, 2024-2032
- 9.3.1. Hypermarkets/Supermarkets
- 9.3.2. Retail Stores
- 9.3.3. Convenience Stores
- 9.3.4. Online Stores
- 9.4. Market Attractiveness Analysis By Distribution Channel
10. Global Tea Market Analysis 2019-2023 and Forecast 2024-2032, By Region
- 10.1. Introduction
- 10.2. Historical Market Size (US$ Mn) and Volume Analysis By Region, 2019-2023
- 10.3. Current Market Size (US$ Mn) and Volume Analysis and Forecast By Region, 2024-2032
- 10.3.1. North America
- 10.3.2. Latin America
- 10.3.3. Europe
- 10.3.4. South Asia
- 10.3.5. East Asia
- 10.3.6. Middle East & Africa
- 10.4. Market Attractiveness Analysis By Region
11. North America Tea Market Analysis 2019-2023 and Forecast 2024-2032
- 11.1. Introduction
- 11.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
- 11.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2032
- 11.3.1. By Country
- 11.3.1.1. U.S.
- 11.3.1.2. Canada
- 11.3.1.3. Mexico
- 11.3.2. By Type
- 11.3.3. By Distribution Channel
- 11.4. Market Attractiveness Analysis
- 11.4.1. By Country
- 11.4.2. By Type
- 11.4.3. By Distribution Channel
- 11.5. Drivers and Restraints - Impact Analysis
12. Latin America Tea Market Analysis 2019-2023 and Forecast 2024-2032
- 12.1. Introduction
- 12.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
- 12.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2032
- 12.3.1. By Country
- 12.3.1.1. Brazil
- 12.3.1.2. Argentina
- 12.3.1.3. Chile
- 12.3.1.4. Rest of Latin America
- 12.3.2. By Type
- 12.3.3. By Distribution Channel
- 12.4. Market Attractiveness Analysis
- 12.4.1. By Country
- 12.4.2. By Type
- 12.4.3. By Distribution Channel
- 12.5. Drivers and Restraints - Impact Analysis
13. Europe Tea Market Analysis 2019-2023 and Forecast 2024-2032
- 13.1. Introduction
- 13.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
- 13.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2032
- 13.3.1. By Country
- 13.3.1.1. Germany
- 13.3.1.2. Italy
- 13.3.1.3. France
- 13.3.1.4. U.K.
- 13.3.1.5. Spain
- 13.3.1.6. BENELUX
- 13.3.1.7. Nordic
- 13.3.1.8. Russia
- 13.3.1.9. Poland
- 13.3.1.10. Rest of Europe
- 13.3.2. By Type
- 13.3.3. By Distribution Channel
- 13.4. Market Attractiveness Analysis
- 13.4.1. By Country
- 13.4.2. By Type
- 13.4.3. By Distribution Channel
- 13.5. Drivers and Restraints - Impact Analysis
14. South Asia Tea Market Analysis 2019-2023 and Forecast 2024-2032
- 14.1. Introduction
- 14.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
- 14.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2032
- 14.3.1. By Country
- 14.3.1.1. India
- 14.3.1.2. Thailand
- 14.3.1.3. Indonesia
- 14.3.1.4. Malaysia
- 14.3.1.5. Rest of South Asia
- 14.3.2. By Type
- 14.3.3. By Distribution Channel
- 14.4. Market Attractiveness Analysis
- 14.4.1. By Country
- 14.4.2. By Type
- 14.4.3. By Distribution Channel
- 14.5. Drivers and Restraints - Impact Analysis
15. East Asia Tea Market Analysis 2019-2023 and Forecast 2024-2032
- 15.1. Introduction
- 15.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
- 15.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2032
- 15.3.1. By Country
- 15.3.1.1. China
- 15.3.1.2. Japan
- 15.3.1.3. South Korea
- 15.3.2. By Type
- 15.3.3. By Distribution Channel
- 15.4. Market Attractiveness Analysis
- 15.4.1. By Country
- 15.4.2. By Type
- 15.4.3. By Distribution Channel
- 15.5. Drivers and Restraints - Impact Analysis
16. Oceania Tea Market Analysis 2019-2023 and Forecast 2024-2032
- 16.1. Introduction
- 16.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
- 16.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2032
- 16.3.1. By Country
- 16.3.1.1. Australia
- 16.3.1.2. New Zealand
- 16.3.2. By Type
- 16.3.3. By Distribution Channel
- 16.4. Market Attractiveness Analysis
- 16.4.1. By Country
- 16.4.2. By Type
- 16.4.3. By Distribution Channel
- 16.5. Drivers and Restraints - Impact Analysis
17. Middle East & Africa Tea Market Analysis 2019-2023 and Forecast 2024-2032
- 17.1. Introduction
- 17.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
- 17.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2032
- 17.3.1. By Country
- 17.3.1.1. GCC Countries
- 17.3.1.2. South Africa
- 17.3.1.3. Rest of Middle East & Africa
- 17.3.2. By Type
- 17.3.3. By Distribution Channel
- 17.4. Market Attractiveness Analysis
- 17.4.1. By Country
- 17.4.2. By Type
- 17.4.3. By Distribution Channel
- 17.5. Drivers and Restraints - Impact Analysis
18. Country-wise Tea Market Analysis, 2023
- 18.1. Introduction
- 18.1.1. Market Value Proportion Analysis, By Key Countries
- 18.1.2. Global Vs. Country Growth Comparison
- 18.2. U.S. Market Analysis
- 18.2.1. By Type
- 18.2.2. By Distribution Channel
- 18.3. Canada Market Analysis
- 18.3.1. By Type
- 18.3.2. By Distribution Channel
- 18.4. Mexico Market Analysis
- 18.4.1. By Type
- 18.4.2. By Distribution Channel
- 18.5. Brazil Market Analysis
- 18.5.1. By Type
- 18.5.2. By Distribution Channel
- 18.6. Argentina Market Analysis
- 18.6.1. By Type
- 18.6.2. By Distribution Channel
- 18.7. Chile Market Analysis
- 18.7.1. By Type
- 18.7.2. By Distribution Channel
- 18.8. Germany Market Analysis
- 18.8.1. By Type
- 18.8.2. By Distribution Channel
- 18.9. France Market Analysis
- 18.9.1. By Type
- 18.9.2. By Distribution Channel
- 18.10. Italy Market Analysis
- 18.10.1. By Type
- 18.10.2. By Distribution Channel
- 18.11. U.K. Market Analysis
- 18.11.1. By Type
- 18.11.2. By Distribution Channel
- 18.12. Spain Market Analysis
- 18.12.1. By Type
- 18.12.2. By Distribution Channel
- 18.13. Poland Market Analysis
- 18.13.1. By Type
- 18.13.2. By Distribution Channel
- 18.14. Russia Market Analysis
- 18.14.1. By Type
- 18.14.2. By Distribution Channel
- 18.15. China Market Analysis
- 18.15.1. By Type
- 18.15.2. By Distribution Channel
- 18.16. Japan Market Analysis
- 18.16.1. By Type
- 18.16.2. By Distribution Channel
- 18.17. S. Korea Market Analysis
- 18.18. By Type
- 18.19. By Distribution Channel
- 18.20. India Market Analysis
- 18.21. By Type
- 18.22. By Distribution Channel
- 18.23. Australia Market Analysis
- 18.24. By Type
- 18.25. By Distribution Channel
- 18.26. New Zealand Market Analysis
- 18.27. By Type
- 18.28. By Distribution Channel
- 18.29. Turkiye Market Analysis
- 18.30. By Type
- 18.31. By Distribution Channel
- 18.32. South Africa Market Analysis
- 18.33. By Type
- 18.34. By Distribution Channel
19. Market Structure Analysis
- 19.1. Market Analysis By Tier of Companies
- 19.2. Market Concentration
- 19.3. Market Presence Analysis
20. Competition Analysis
- 20.1. Competition Dashboard
- 20.2. Competition Deep Dive
- 20.2.1. Unilever
- 20.2.1.1. Overview
- 20.2.1.2. Product Portfolio
- 20.2.1.3. Sales Footprint
- 20.2.1.4. Strategy Overview
- 20.2.1.5. Key Developments/Key Takeaways
- 20.2.2. Starbucks Corporation
- 20.2.2.1. Overview
- 20.2.2.2. Product Portfolio
- 20.2.2.3. Sales Footprint
- 20.2.2.4. Strategy Overview
- 20.2.2.5. Key Developments/Key Takeaways
- 20.2.3. Wissotzky Tea
- 20.2.3.1. Overview
- 20.2.3.2. Product Portfolio
- 20.2.3.3. Sales Footprint
- 20.2.3.4. Strategy Overview
- 20.2.3.5. Key Developments/Key Takeaways
- 20.2.4. Associated British Foods
- 20.2.4.1. Overview
- 20.2.4.2. Product Portfolio
- 20.2.4.3. Sales Footprint
- 20.2.4.4. Strategy Overview
- 20.2.4.5. Key Developments/Key Takeaways
- 20.2.5. Nestle S.A.
- 20.2.5.1. Overview
- 20.2.5.2. Product Portfolio
- 20.2.5.3. Sales Footprint
- 20.2.5.4. Strategy Overview
- 20.2.5.5. Key Developments/Key Takeaways
- 20.2.6. Akbar Brothers Ltd.
- 20.2.6.1. Overview
- 20.2.6.2. Product Portfolio
- 20.2.6.3. Sales Footprint
- 20.2.6.4. Strategy Overview
- 20.2.6.5. Key Developments/Key Takeaways
- 20.2.7. Tata Consumer Products Limited
- 20.2.7.1. Overview
- 20.2.7.2. Product Portfolio
- 20.2.7.3. Sales Footprint
- 20.2.7.4. Strategy Overview
- 20.2.7.5. Key Developments/Key Takeaways
- 20.2.8. The Republic of Tea
- 20.2.8.1. Overview
- 20.2.8.2. Product Portfolio
- 20.2.8.3. Sales Footprint
- 20.2.8.4. Strategy Overview
- 20.2.8.5. Key Developments/Key Takeaways
- 20.2.9. DAVIDs TEA
- 20.2.9.1. Overview
- 20.2.9.2. Product Portfolio
- 20.2.9.3. Sales Footprint
- 20.2.9.4. Strategy Overview
- 20.2.9.5. Key Developments/Key Takeaways
- 20.2.10. Assam Company India Ltd.
- 20.2.10.1. Overview
- 20.2.10.2. Product Portfolio
- 20.2.10.3. Sales Footprint
- 20.2.10.4. Strategy Overview
- 20.2.10.5. Key Developments/Key Takeaways
- 20.2.11. LIPTON Teas and Infusion
- 20.2.11.1. Overview
- 20.2.11.2. Product Portfolio
- 20.2.11.3. Sales Footprint
- 20.2.11.4. Strategy Overview
- 20.2.11.5. Key Developments/Key Takeaways
- 20.2.12. Caraway Tea
- 20.2.12.1. Overview
- 20.2.12.2. Product Portfolio
- 20.2.12.3. Sales Footprint
- 20.2.12.4. Strategy Overview
- 20.2.12.5. Key Developments/Key Takeaways
- 20.2.13. Harris Tea Company
- 20.2.13.1. Overview
- 20.2.13.2. Product Portfolio
- 20.2.13.3. Sales Footprint
- 20.2.13.4. Strategy Overview
- 20.2.13.5. Key Developments/Key Takeaways
- 20.2.14. Others
- 20.2.14.1. Overview
- 20.2.14.2. Product Portfolio
- 20.2.14.3. Sales Footprint
- 20.2.14.4. Strategy Overview
- 20.2.14.5. Key Developments/Key Takeaways
21. Assumptions & Acronyms Used
22. Research Methodology