Press Release

Global Elderflower Tea Market to Grow at a Healthy Pace During 2024-2032, Driven by the Increasing Demand for Healthier Food Options

Global Elderflower Tea Market

According to a new report by EMR titled, ‘Global Elderflower Tea Market Report and Forecast 2024-2032’, the market is also being aided by the overall tea market, which reached a volume of about 7.14 million tons in 2023. The tea market is expected to grow at a CAGR of 3.2% during the forecast period of 2024-2032.

The global market for elderflower tea is anticipated to grow in the forecast period owing to the rising demand for healthier food. The widespread use of elderflower in various end use industries is aiding market growth further. The rising usage of elderflower in food and beverages and pharmaceuticals, due to its anti-inflammatory and anti-septic properties is expected to drive the market growth. Rapid urbanisation, changing consumer preferences, and rising disposable incomes are expected to further propel the market growth. The market is expected to further expand in the coming years due to the rising penetration of its online retail channels like Amazon.com (NASDAQ: AMZN) into lucrative emerging economies.

 

In 2021, drinks firm Bacardi introduced a new wine range made with 100% American grain vodka, infused with fruits, teas, and honey. One of them, the Lemon Drift offers a combination of natural lemon, elderflower, white tea, and honey on the palate. The increasing usage of elderflower and its products in various end use industries, especially the beverage industry, is expected to propel market growth in the coming years.

 

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Market Analysis by Nature, Distribution Channel, and Region:

  • The market based on nature of the product can be divided into organic and traditional.
  • Based on distribution channels, the market can be divided into supermarkets and hypermarkets, convenience stores, specialty stores, and online, among others.
  • The regional markets for elderflower tea include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Key Findings of the Report:

  • The growth of the elderflower tea industry is being driven by the rising demand for healthier food products.
  • The rapidly growing end use industries are contributing significantly to the market growth, especially in emerging countries.
  • The superior anti-inflammatory and anti-septic properties of elderflower tea are helping it make its way into the food and beverage industry.
  • The market is expected to witness further expansion in the coming years due to a huge increase in urbanisation and shifting consumer preferences towards healthier products.

 

Key Offerings of the Report:

  • The EMR report gives an overview of the global market for elderflower tea for the periods (2018-2023) and (2024-2032).
  • The report also offers the historical (2018-2023) and forecast (2024-2032) markets for the nature, distribution channels, and regional markets of elderflower tea.
  • It assesses the regional price trends for the (2018-2023) and (2024-2032) periods. 
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with an assessment of the SWOT and Porter’s Five Forces models.

 

The major players in the global elderflower tea market are Indigo Herbs Ltd, Alkaloid AD Skopje, Monin SAS, and The Republic of Tea, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

 

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

 

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium-sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

 

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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

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