Tea Market is predicted to reach at $67,751 million by 2023. The global market offers size, share, trends, industry analysis and forecast to 2023.

1. Opportunity Analysis and Industry Forecast, 2016-2023
Global Tea Market To Reach At $67,751
Million By 2023 | CAGR 5.5%
Global Opportunity Analysis and
Industry Forecast,
2017-2023

2. Tea Market Overview:
Global Tea Market was valued at $46,392 million in 2016, and is projected to
reach at $67,751 million by 2023, growing at a CAGR of 5.5% from 2017 to 2023.
Tea is globally the most popular beverage obtained from Camellia sinensis plant
leaves. It is known to be originated in China, and is majorly grown in four
countries, China, India, Kenya, and Sri Lanka. It offers various health benefits
owing to presence of polyphenols working as antioxidants, vitamins, trace
minerals, and different amino acids resulting in stronger immunity, lower
cholesterol, increased metabolism, prevention of cancer, and more. In addition,
presence of small amount of caffeine makes tea a mild stimulant preventing
fatigue. Major population consuming tea has developed it as a habit,
subsequently contributing in the growth of the tea market.
Request Sample Report:
The global tea market is majorly driven by the health benefits associated with
consuming tea and increase in awareness related to carbonated drinks among
people. Moreover, increase in caf culture, rise in disposable income, change in
tastes of people, and introduction of additional healthy ingredients in tea by
different market players are the other factors that fuel the market growth.

3. Tea Market

4. Global Tea Market, By Geography
Asia-Pacific dominated the, registering the highest CAGR of around 6.0% in
the global tea market due to high demand in China and India. It also.
North America witnessed the second highest growth rate owing to rise in
demand of tea. The Canada tea market was valued at $606 million in 2016,
and is expected to reach $838 million by 2023, registering a CAGR of 4.7%
during the forecast period.

5. Key Benefits For Stakeholders
• This report provides an extensive analysis of the current trends and
emerging estimations & dynamics of the global tea market.
• Comprehensive analysis of factors that drive and restrict the growth of the
market is provided.
• Detailed analysis of the industry based on the type and distribution
channel help understand the trending product type and other potential
variants.
• Porters Five Forces analysis highlights the potency of buyers and suppliers
to enable stakeholders to make profit-oriented business decisions and
strengthen their supplierbuyer network.
• Extensive analysis of the market is conducted by following key product
positioning and monitoring of top players within the market framework.

6. Tea Market Key Segments:
• Green Tea
• Black Tea
• Oolong Tea
• Herbal/Fruit Tea
• Others (White
Tea, Dark Tea,
and Yellow Tea)
• Residential
• Commercial
• Supermarkets/H
ypermarkets
• Specialty Stores
• Convenience
Stores
• Online Stores
• Others
• Plastic
Containers
• Loose Tea
(Packets &
Pouches)
• Paper Boards
• Aluminum Tin
• Tea Bags
By Type By Packaging By Distribution
Channel
By Application

7. By Geography
• North America
o U.S.
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Russia
o Rest of the Europe
• Asia-Pacific
o China
o India
o Japan
o Korea
o Australia
o Pakistan
o Rest of the Asia-Pacific
• LAMEA
o Brazil
o South Africa
o Turkey
o KSA
o Egypt
o Rest of the LAMEA

8. Contact Us:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada): +1-800-792-5285, +1-503-446-1141
International: +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research