It contains a particular variety of polyphenols known as catechins which help to fight cancer, tumours and unwanted genetic changes. Drinking tea is also associated with benefits such as strong immune system, controlled blood pressure along with reduced risks of diabetes and dental decay. According to a new report by Expert Market Research, the global tea market reached a volume of 6.1 Million Tons in 2018 and is further expected to reach 7.5 Million Tons by 2024.
The market growth can be highly accredited to the changing consumer preferences towards healthier beverages. Rising awareness about the myriad health benefits of tea acts as a predominant force driving its popularity. Moreover, the increasing trend of ready-to-drink tea has also influenced its global demand significantly. Introduction of new flavours and convenient packs is another key factor that has helped maintain a constant demand for tea across the world.
Key findings from the report:
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Expert Market Research has analysed the global tea market according to type, tea formats, major regions and top players:
Market breakup by Type
Market by Tea Formats
Market breakup by Region
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"Global Tea Market: By Country: China, India, Kenya, Sri Lanka, Turkey, Vietnam, Others; By Type: Black Tea, Green Tea, Others (White Tea/Oolong Tea); Tea Formats: Loose tea, Square chamber, Double- chamber tagged, Pyramid; Historical Demand and Supply (2014-2018), Demand and Supply Forecast (2019-2024); SWOT Analysis; Value Chain Analysis; Competitive Landscape; Setting Up a Tea Manufacturing Plant; Capital Investments; Operating Expenditures; Project Economics"
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