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Global Tea Market: By Type: Green Tea, Black Tea, Oolong Tea, Herbal/Fruit Tea, Others; By Packaging: Plastic Containers, Others; By Distribution Channel; By Application; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics; Trade Data Analysis; Competitive Landscape; Industry Events and Developments
Global Tea Market Outlook
The global tea market attained a volume of 6.71 million tons in 2020. The market is anticipated to reach a volume of 7.89 million tons by 2026, growing at a CAGR of 3.3% in the forecast period of 2022-2027.
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The market is currently being driven by an increasing demand for healthier beverages, RTD (Ready-to-drink) teas, growing demand in the foodservice segments and availability of the product in different flavors which satisfies every consumer’s taste. This report by Expert Market Research, entitled “Tea Market Report and Forecast 2022-2027”, provides a comprehensive analysis for anyone who plans to foray into the tea market.
Properties and Applications
Tea is an ancient hot beverage consumed as a medicinal as well as a social drink. There are different types of the product available in the market but all the types are derived from the leaves of the shrub called Camellia sinensis plant. The difference comes from how the plant is processed and how much they are oxidized.
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The tea market is segmented on the basis of type into:
- Green
- Black
- Oolong
- Herbal/Fruit
- Others
On the basis of packaging, the industry is divided into:
- Plastic Containers
- Loose Tea
- Paperboard
- Aluminium Tin
- Tea Bags
- Others
On the basis of distribution channel, the industry is segregated into:
- Supermarkets/Hypermarkets
- Specialty Stores
- Convenience Stores
- Online
- Others
On the basis of application, the industry is bifurcated into:
- Residential
- Commercial
The regional tea markets include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Market Analysis
Historical market trends for the tea market have been provided from 2017-2021 and forecasts have been presented till 2026. The major regions in the global tea market are China, India, Kenya, Sri Lanka, and Turkey. Currently, China represents the largest tea market followed by India and Kenya.
The value chain analysis of the product, encompassing all the activities such as procurement, manufacturing, sales and distribution, has also been covered in this report. Furthermore, the study assesses the industry based on Porter’s five forces model, which evaluates the level of competition in the industry by analysing factors such as bargaining power of buyers and suppliers, threat from substitutes and new entrants. A thorough evaluation of the competitive landscape of the tea market has also been provided.
This report provides an exhaustive insight for setting-up and running a tea manufacturing plant. Factors such as land requirement, construction requirement, raw material requirement, labour requirement, machinery requirement, manufacturing process, utility requirement, total capital investment, total operating costs, prices, income projections, expenditure projections, profit margins, net present value, return on investment, payback period, etc. have been comprehensively covered in this report.
Competitive Landscape
The report gives a detailed analysis of the following key players in the global tea market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Tata Consumer Products
- Unilever
- Associated British Foods Plc
- Barry’s Tea
- ITO EN, LTD
- Dilmah Ceylon Tea Company PLC.
- Others
In order to prepare this research report, Expert Market Research conducted face to face and telephonic interviews with numerous industry participants in the tea industry. They included manufacturers, distributors, end users, consultants, marketing professionals, researchers, etc. Primary research accounted for the bulk of the research efforts, complimented by an extensive secondary research. Secondary sources included annual reports, press releases, books, journals, white papers, newspapers, magazines, government sources and various proprietary databases.
Expert Market Research uses its comprehensive database of macroeconomic and industry specific data to produce its market forecasts. The initial baseline forecast is produced with the most recent market data. After an initial baseline forecast, all future macroeconomic and sector specific events and assumptions are taken into account to generate the final forecast.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2020 |
| Historical Period | 2017-2021 |
| Forecast Period | 2022-2027 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Packaging, Distribution Channel, Application, Region |
| Breakup by Type | Green Tea, Black Tea, Oolong Tea, Herbal/Fruit Tea, Others |
| Breakup by Packaging | Plastic Containers, Loose Tea, Paperboard, Aluminium Tin, Tea Bags, Others |
| Breakup by Distribution Channel | Supermarkets/Hypermarkets, Specialty Stores, Convenience Stores, Online, Others |
| Breakup by Application | Residential, Commercial |
| Breakup by Region | North America, Latin America, Europe, Middle East and Africa, Asia Pacific |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Price Analysis | Historical and Forecast Price Trends-Regional |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Tata Consumer Products, Unilever, Associated British Foods Plc, Barry’s Tea, ITO EN, LTD, Dilmah Ceylon Tea Company PLC., Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*We at Expert Market Research always strive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Tea Market Analysis
8.1 Key Industry Highlights
8.2 Global Tea Historical Market (2017-2021)
8.3 Global Tea Market Forecast (2022-2027)
8.4 Global Tea Market by Type
8.4.1 Green Tea
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 Black Tea
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.4.3 Oolong Tea
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2017-2021)
8.4.3.3 Forecast Trend (2022-2027)
8.4.4 Herbal/Fruit Tea
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2017-2021)
8.4.4.3 Forecast Trend (2022-2027)
8.4.5 Others
8.5 Global Tea Market by Packaging
8.5.1 Plastic Containers
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2017-2021)
8.5.1.3 Forecast Trend (2022-2027)
8.5.2 Loose Tea
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2017-2021)
8.5.2.3 Forecast Trend (2022-2027)
8.5.3 Paperboard
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2017-2021)
8.5.3.3 Forecast Trend (2022-2027)
8.5.4 Aluminium Tin
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2017-2021)
8.5.4.3 Forecast Trend (2022-2027)
8.5.5 Tea Bags
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2017-2021)
8.5.5.3 Forecast Trend (2022-2027)
8.5.6 Others
8.6 Global Tea Market by Distribution Channel
8.6.1 Supermarkets/Hypermarkets
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2017-2021)
8.6.1.3 Forecast Trend (2022-2027)
8.6.2 Specialty Stores
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2017-2021)
8.6.2.3 Forecast Trend (2022-2027)
8.6.3 Convenience Stores
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2017-2021)
8.6.3.3 Forecast Trend (2022-2027)
8.6.4 Online
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2017-2021)
8.6.4.3 Forecast Trend (2022-2027)
8.6.5 Others
8.7 Global Tea Market by Application
8.7.1 Residential
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2017-2021)
8.7.1.3 Forecast Trend (2022-2027)
8.7.2 Commercial
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2017-2021)
8.7.2.3 Forecast Trend (2022-2027)
8.8 Global Tea Market by Region
8.8.1 Market Share
8.8.1.1 North America
8.8.1.2 Europe
8.8.1.3 Asia Pacific
8.8.1.4 Latin America
8.8.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyers Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Price Analysis
12.1 North America Historical Price Trends (2017-2021) and Forecast (2022-2027)
12.2 Europe Historical Price Trends (2017-2021) and Forecast (2022-2027)
12.3 Asia Pacific Historical Price Trends (2017-2021) and Forecast (2022-2027)
12.4 Latin America Historical Price Trends (2017-2021) and Forecast (2022-2027)
12.5 Middle East and Africa Historical Price Trends (2017-2021) and Forecast (2022-2027)
13 Manufacturing Process
13.1 Detailed Process Flow
13.2 Operations Involved
13.3 Mass Balance
14 Project Details and Cost Analysis
14.1 Land, Location and Site Development
14.2 Construction
14.3 Plant Layout
14.4 Plant Machinery
14.5 Raw Material Requirement
14.6 Packaging
14.7 Transportation
14.8 Utilities
14.9 Manpower
14.10 Other Capital Investment
15 Loans and Financial Assistance
16 Project Economics
16.1 Capital Cost of Project
16.2 Techno-Economic Parameters
16.3 Product Pricing and Margins
16.4 Taxation and Depreciation
16.5 Income Projections
16.6 Expenditure Projections
16.7 Financial Analysis
17 Competitive Landscape
17.1 Market Structure
17.2 Key Players’ Market Share
17.3 Company Profiles
17.3.1 Tata Consumer Products
17.3.1.1 Company Overview
17.3.1.2 Product Portfolio
17.3.1.3 Demographic Reach and Achievements
17.3.1.4 Financial Summary
17.3.1.5 Certifications
17.3.2 Unilever
17.3.2.1 Company Overview
17.3.2.2 Product Portfolio
17.3.2.3 Demographic Reach and Achievements
17.3.2.4 Financial Summary
17.3.2.5 Certifications
17.3.3 Associated British Foods Plc
17.3.3.1 Company Overview
17.3.3.2 Product Portfolio
17.3.3.3 Demographic Reach and Achievements
17.3.3.4 Financial Summary
17.3.3.5 Certifications
17.3.4 Barry’s Tea
17.3.4.1 Company Overview
17.3.4.2 Product Portfolio
17.3.4.3 Demographic Reach and Achievements
17.3.4.4 Financial Summary
17.3.4.5 Certifications
17.3.5 ITO EN, LTD
17.3.5.1 Company Overview
17.3.5.2 Product Portfolio
17.3.5.3 Demographic Reach and Achievements
17.3.5.4 Financial Summary
17.3.5.5 Certifications
17.3.6 Dilmah Ceylon Tea Company PLC.
17.3.6.1 Company Overview
17.3.6.2 Product Portfolio
17.3.6.3 Demographic Reach and Achievements
17.3.6.4 Financial Summary
17.3.6.5 Certifications
17.3.7 Others
18 Industry Events and Developments
List of Key Figures and Tables
1. Global Tea Market: Key Industry Highlights, 2016 and 2026
2. Global Tea Historical Market: Breakup by Type (Million Tons), 2017-2021
3. Global Tea Market Forecast: Breakup by Type (Million Tons), 2022-2027
4. Global Tea Historical Market: Breakup by Packaging (Million Tons), 2017-2021
5. Global Tea Market Forecast: Breakup by Packaging (Million Tons), 2022-2027
6. Global Tea Historical Market: Breakup by Distribution Channel (Million Tons), 2017-2021
7. Global Tea Market Forecast: Breakup by Distribution Channel (Million Tons), 2022-2027
8. Global Tea Historical Market: Breakup by Application (Million Tons), 2017-2021
9. Global Tea Market Forecast: Breakup by Application (Million Tons), 2022-2027
10. Global Tea Historical Market: Breakup by Region (Million Tons), 2017-2021
11. Global Tea Market Forecast: Breakup by Region (Million Tons), 2022-2027
12. North America Tea Historical Market: Breakup by Country (Million Tons), 2017-2021
13. North America Tea Market Forecast: Breakup by Country (Million Tons), 2022-2027
14. Europe Tea Historical Market: Breakup by Country (Million Tons), 2017-2021
15. Europe Tea Market Forecast: Breakup by Country (Million Tons), 2022-2027
16. Asia Pacific Tea Historical Market: Breakup by Country (Million Tons), 2017-2021
17. Asia Pacific Tea Market Forecast: Breakup by Country (Million Tons), 2022-2027
18. Latin America Tea Historical Market: Breakup by Country (Million Tons), 2017-2021
19. Latin America Tea Market Forecast: Breakup by Country (Million Tons), 2022-2027
20. Middle East and Africa Tea Historical Market: Breakup by Country (Million Tons), 2017-2021
21. Middle East and Africa Tea Market Forecast: Breakup by Country (Million Tons), 2022-2027
22. North America Historical Price Trends and Forecast 2017-2027
23. Europe Historical Price Trends and Forecast 2017-2027
24. Asia Pacific Historical Price Trends and Forecast 2017-2027
25. Latin America Historical Price Trends and Forecast 2017-2027
26. Middle East and Africa Historical Price Trends and Forecast 2017-2027
27. Global Tea Market Structure
Key Questions Answered in the Report
In 2020, the global tea market reached a volume of 6.71 million tons.
In the forecast period of 2022-2027, the market is expected to grow at a CAGR of 3.3%.
By 2026, the market is estimated to reach a volume of 7.89 million tons.
The major drivers of the industry such as rising disposable incomes, increasing population, increasing demand for healthier beverages, RTD (Ready-to-drink) teas, growing demand in the foodservice segments, and rising demand from the developing regions are expected to aid the market growth.
The key market trend guiding the growth of the tea market include the availability of tea in different flavours which satisfies every consumer’s taste.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Green, black, oolong, and herbal/fruit, among others, are the major types of tea in the industry.
Plastic containers, loose tea, paperboard, aluminium tin, and tea bags, among others, are the significant packaging segments of the product in the industry.
Supermarkets/hypermarkets, specialty stores, convenience stores, online, and others are the major distribution channels of the product in the industry.
Residential and commercial are the major application sectors of the product in the industry.
The major players in the industry are Tata Consumer Products, Unilever, Associated British Foods Plc, Barry’s Tea, ITO EN, LTD, and Dilmah Ceylon Tea Company PLC., among others.
Analyst Review
The global tea market attained a volume of 6.71 million tons in 2020 driven by the rising demand for healthier beverages and RTD (Ready-to-drink) teas. Aided by the growing launch of flavoured teas, the market is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 3.3%. The tea market is projected to reach 7.89 million tons by 2026.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its types, the global tea market can be segmented into green, black, oolong, herbal/fruit, and others. On the basis of packaging, the industry is divided into plastic containers, loose tea, paperboard, aluminium tin, tea bags, and others. Based on distribution channel, the industry is segregated into supermarkets/hypermarkets, specialty stores, convenience stores, online, and others. On the basis of application, the industry is bifurcated into residential and commercial. The major regional markets for tea are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Tata Consumer Products, Unilever, Associated British Foods Plc, Barry’s Tea, ITO EN, LTD, Dilmah Ceylon Tea Company PLC., and others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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