Tea Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

Description

The global tea market is on an impressive growth trajectory, reflecting increasing consumer interest and expanding market reach. Tea, a hot beverage derived from the Camellia sinensis plant, has long been a cultural staple across the world, cherished for its variety and health benefits.

Market Overview

The global tea market has experienced significant growth over recent years. The market's value has seen a steady increase, demonstrating a strong growth rate over the forecast period. This growth is driven by various factors, including rising health consciousness among consumers and the proliferation of new tea flavors and blends.

Segment Analysis

Among the various segments within the global tea market, black tea stands out as a frontrunner. This segment is projected to maintain its dominance due to continuous development and innovation. Black tea is expected to account for a substantial portion of the market's value share over the forecast period. The introduction of premium and specialty black teas has fueled its growth, appealing to both traditional tea drinkers and new consumers.

Green tea is another significant segment, experiencing favorable revenue growth. Known for its numerous health benefits, green tea continues to attract a broad consumer base. The segment is expected to create considerable incremental opportunities, driven by increasing consumer awareness and preference for healthy beverages.

Market Dynamics

The global tea market is dynamic, influenced by changing consumer preferences and lifestyle trends. The popularity of diverse tea flavors, such as lemon, mint, and chocolate, has expanded the consumer base. The introduction of these innovative flavors has made tea a versatile beverage, appealing to different palates and preferences.

However, while tea offers numerous health benefits, overconsumption can lead to adverse effects. Caffeine content in tea, although lower than coffee, can cause sleep disturbances, nervousness, and other health issues. Additionally, excessive consumption of certain types of tea has been linked to an increased risk of specific cancers and other health complications.

The availability of substitutes, such as coffee and herbal infusions, also poses a challenge to the tea market. Consumers have a wide array of beverage options, which can influence their choice and consumption patterns.

Regional Outlook

Regionally, North America, Asia-Pacific (APAC), and Europe are significant contributors to the global tea market's revenue growth. Each of these regions has unique factors driving their market dynamics, making them critical to the overall expansion of the global tea industry.

Asia-Pacific (APAC)

The APAC region is a powerhouse in the global tea market, underpinned by a deep-rooted tea culture that spans centuries. Countries like China, India, Japan, and Sri Lanka are not only some of the largest producers of tea but also major consumers. The growing urban population in these countries has spurred the rise of modern tea shops and cafes, blending traditional tea practices with contemporary trends.

In recent years, the popularity of tea among the youth in APAC has surged. This demographic shift, combined with the rising middle class, has led to an increased demand for both traditional and flavored teas. The cafe culture in urban areas is booming, with young consumers frequently visiting these establishments for both social and work-related activities. The introduction of innovative tea products, including ready-to-drink teas and health-oriented blends, has also driven market growth in this region.

Europe

Europe has a long-standing tradition of tea consumption, particularly in countries like the United Kingdom, Russia, and Germany. This region continues to show strong market potential due to its established tea-drinking culture and a growing interest in premium and specialty teas. The European market is characterized by a preference for high-quality, organic, and ethically sourced tea products.

In addition to traditional black and green teas, European consumers are increasingly exploring herbal and flavored teas. The health benefits associated with different types of teas, such as detox teas and those promoting relaxation, have attracted a health-conscious audience. The trend towards sustainable and eco-friendly packaging is also gaining traction in Europe, aligning with the region's broader environmental consciousness.

North America

North America, with its diverse consumer base, plays a crucial role in the global tea market. The United States and Canada are key markets within this region. The rise of health-conscious consumers has significantly influenced tea consumption patterns. Many consumers are turning to tea as a healthier alternative to sugary soft drinks and coffee.

Flavored teas, including fruit-infused and herbal varieties, have become particularly popular in North America. The trend towards wellness and natural products has led to a surge in demand for teas that offer health benefits, such as detox teas, immunity-boosting blends, and teas that aid in relaxation and sleep. The convenience of ready-to-drink teas has also appealed to busy, on-the-go consumers.

Key Market Players

The global tea market is competitive, with several key players driving innovation and market growth. Prominent companies include Associated British Foods, WISSOTZKY TEA, Unilever, Starbucks Corporation, Akbar Brothers Ltd, Nestle S.A, Tata Global Beverages (Tata Tea Ltd.), DAVIDs TEA, and The Republic of Tea. These companies are at the forefront of product development, quality improvement, and market expansion strategies.

Market Segmentation:

By Type
- Black Tea
- Green Tea
- Oolong Tea
- Herbal Tea
- Others
By Distribution Channel
- Hyper/Super Market
- Convenience Stores
- Retail Stores
- Online Stores
- Others
By Region
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America

1. Executive Summary

1.1. Global Tea Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value and Volume, 2024
1.5. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter's Five Forces Analysis
2.5. COVID-19 Impact Analysis
- 2.5.1. Supply
- 2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
- 2.7.1. World Economic Projections
2.8. PESTLE Analysis

3. Production Output and Trade Statistics, 2018 - 2024

3.1. Global Tea Production Output, by Region, Value (US$ Bn) and Volume (MT), 2018 - 2024
- 3.1.1. North America
- 3.1.2. Europe
- 3.1.3. Asia Pacific
- 3.1.4. Latin America
- 3.1.5. Middle East and Africa

4. Price Analysis, 2018 - 2024

4.1. Global Average Price Analysis, by Product, US$ Per Kg, 2018 - 2024
4.2. Prominent Factor Affecting Tea Prices
4.3. Global Average Price Analysis, by Region, US$ Per Kg

5. Global Tea Market Outlook, 2018 - 2031

5.1. Global Tea Market Outlook, by Product, Value (US$ Bn) and Volume (MT), 2018 - 2031
- 5.1.1. Key Highlights
  - 5.1.1.1. Black Tea
  - 5.1.1.2. Green Tea
  - 5.1.1.3. Oolong Tea
  - 5.1.1.4. Herbal Tea
  - 5.1.1.5. Others
5.2. Global Tea Market Outlook, by Distribution Channel, Value (US$ Bn) and Volume (MT), 2018 - 2031
- 5.2.1. Key Highlights
  - 5.2.1.1. B2B
  - 5.2.1.2. B2C
    - 5.2.1.2.1. Hypermarkets/Supermarkets
    - 5.2.1.2.2. Convenience Stores
    - 5.2.1.2.3. Retail Stores
    - 5.2.1.2.4. Online Stores
    - 5.2.1.2.5. Others
5.3. Global Tea Market Outlook, by Region, Value (US$ Bn) and Volume (MT), 2018 - 2031
- 5.3.1. Key Highlights
  - 5.3.1.1. North America
  - 5.3.1.2. Europe
  - 5.3.1.3. Asia Pacific
  - 5.3.1.4. Latin America
  - 5.3.1.5. Middle East & Africa

6. North America Tea Market Outlook, 2018 - 2031

6.1. North America Tea Market Outlook, by Product, Value (US$ Bn) and Volume (MT), 2018 - 2031
- 6.1.1. Key Highlights
  - 6.1.1.1. Black Tea
  - 6.1.1.2. Green Tea
  - 6.1.1.3. Oolong Tea
  - 6.1.1.4. Herbal Tea
  - 6.1.1.5. Others
6.2. North America Tea Market Outlook, by Distribution Channel, Value (US$ Bn) and Volume (MT), 2018 - 2031
- 6.2.1. Key Highlights
  - 6.2.1.1. B2B
  - 6.2.1.2. B2C
    - 6.2.1.2.1. Hypermarkets/Supermarkets
    - 6.2.1.2.2. Convenience Stores
    - 6.2.1.2.3. Retail Stores
    - 6.2.1.2.4. Online Stores
    - 6.2.1.2.5. Others
- 6.2.2. BPS Analysis/Market Attractiveness Analysis
6.3. North America Tea Market Outlook, by Country, Value (US$ Bn) and Volume (MT), 2018 - 2031
- 6.3.1. Key Highlights
  - 6.3.1.1. U.S. Tea Market by Product, Value (US$ Bn) and Volume (MT), 2018 - 2031
  - 6.3.1.2. U.S. Tea Market by Distribution Channel, Value (US$ Bn) and Volume (MT), 2018 - 2031
  - 6.3.1.3. Canada Tea Market by Product, Value (US$ Bn) and Volume (MT), 2018 - 2031
  - 6.3.1.4. Canada Tea Market by Distribution Channel, Value (US$ Bn) and Volume (MT), 2018 - 2031
- 6.3.2. BPS Analysis/Market Attractiveness Analysis

7. Europe Tea Market Outlook, 2018 - 2031

7.1. Europe Tea Market Outlook, by Product, Value (US$ Bn) and Volume (MT), 2018 - 2031
- 7.1.1. Key Highlights
  - 7.1.1.1. Black Tea
  - 7.1.1.2. Green Tea
  - 7.1.1.3. Oolong Tea
  - 7.1.1.4. Herbal Tea
  - 7.1.1.5. Others
7.2. Europe Tea Market Outlook, by Distribution Channel, Value (US$ Bn) and Volume (MT), 2018 - 2031
- 7.2.1. Key Highlights
  - 7.2.1.1. B2B
  - 7.2.1.2. B2C
    - 7.2.1.2.1. Hypermarkets/Supermarkets
    - 7.2.1.2.2. Convenience Stores
    - 7.2.1.2.3. Retail Stores
    - 7.2.1.2.4. Online Stores
    - 7.2.1.2.5. Others
- 7.2.2. BPS Analysis/Market Attractiveness Analysis
7.3. Europe Tea Market Outlook, by Country, Value (US$ Bn) and Volume (MT), 2018 - 2031
- 7.3.1. Key Highlights
  - 7.3.1.1. Germany Tea Market by Product, Value (US$ Bn) and Volume (MT), 2018 - 2031
  - 7.3.1.2. Germany Tea Market by Distribution Channel, Value (US$ Bn) and Volume (MT), 2018 - 2031
  - 7.3.1.3. U.K. Tea Market by Product, Value (US$ Bn) and Volume (MT), 2018 - 2031
  - 7.3.1.4. U.K. Tea Market by Distribution Channel, Value (US$ Bn) and Volume (MT), 2018 - 2031
  - 7.3.1.5. France Tea Market by Product, Value (US$ Bn) and Volume (MT), 2018 - 2031
  - 7.3.1.6. France Tea Market by Distribution Channel, Value (US$ Bn) and Volume (MT), 2018 - 2031
  - 7.3.1.7. Italy Tea Market by Product, Value (US$ Bn) and Volume (MT), 2018 - 2031
  - 7.3.1.8. Italy Tea Market by Distribution Channel, Value (US$ Bn) and Volume (MT), 2018 - 2031
  - 7.3.1.9. Turkey Tea Market by Product, Value (US$ Bn) and Volume (MT), 2018 - 2031
  - 7.3.1.10. Turkey Tea Market by Distribution Channel, Value (US$ Bn) and Volume (MT), 2018 - 2031
  - 7.3.1.11. Russia Tea Market by Product, Value (US$ Bn) and Volume (MT), 2018 - 2031
  - 7.3.1.12. Russia Tea Market by Distribution Channel, Value (US$ Bn) and Volume (MT), 2018 - 2031
  - 7.3.1.13. Rest of Europe Tea Market by Product, Value (US$ Bn) and Volume (MT), 2018 - 2031
  - 7.3.1.14. Rest of Europe Tea Market by Distribution Channel, Value (US$ Bn) and Volume (MT), 2018 - 2031
- 7.3.2. BPS Analysis/Market Attractiveness Analysis

8. Asia Pacific Tea Market Outlook, 2018 - 2031

8.1. Asia Pacific Tea Market Outlook, by Product, Value (US$ Bn) and Volume (MT), 2018 - 2031
- 8.1.1. Key Highlights
  - 8.1.1.1. Black Tea
  - 8.1.1.2. Green Tea
  - 8.1.1.3. Oolong Tea
  - 8.1.1.4. Herbal Tea
  - 8.1.1.5. Others
8.2. Asia Pacific Tea Market Outlook, by Distribution Channel, Value (US$ Bn) and Volume (MT), 2018 - 2031
- 8.2.1. Key Highlights
  - 8.2.1.1. B2B
  - 8.2.1.2. B2C
    - 8.2.1.2.1. Hypermarkets/Supermarkets
    - 8.2.1.2.2. Convenience Stores
    - 8.2.1.2.3. Retail Stores
    - 8.2.1.2.4. Online Stores
    - 8.2.1.2.5. Others
- 8.2.2. BPS Analysis/Market Attractiveness Analysis
8.3. Asia Pacific Tea Market Outlook, by Country, Value (US$ Bn) and Volume (MT), 2018 - 2031
- 8.3.1. Key Highlights
  - 8.3.1.1. China Tea Market by Product, Value (US$ Bn) and Volume (MT), 2018 - 2031
  - 8.3.1.2. China Tea Market by Distribution Channel, Value (US$ Bn) and Volume (MT), 2018 - 2031
  - 8.3.1.3. Japan Tea Market by Product, Value (US$ Bn) and Volume (MT), 2018 - 2031
  - 8.3.1.4. Japan Tea Market by Distribution Channel, Value (US$ Bn) and Volume (MT), 2018 - 2031
  - 8.3.1.5. South Korea Tea Market by Product, Value (US$ Bn) and Volume (MT), 2018 - 2031
  - 8.3.1.6. South Korea Tea Market by Distribution Channel, Value (US$ Bn) and Volume (MT), 2018 - 2031
  - 8.3.1.7. India Tea Market by Product, Value (US$ Bn) and Volume (MT), 2018 - 2031
  - 8.3.1.8. India Tea Market by Distribution Channel, Value (US$ Bn) and Volume (MT), 2018 - 2031
  - 8.3.1.9. Southeast Asia Tea Market by Product, Value (US$ Bn) and Volume (MT), 2018 - 2031
  - 8.3.1.10. Southeast Asia Tea Market by Distribution Channel, Value (US$ Bn) and Volume (MT), 2018 - 2031
  - 8.3.1.11. Rest of Asia Pacific Tea Market by Product, Value (US$ Bn) and Volume (MT), 2018 - 2031
  - 8.3.1.12. Rest of Asia Pacific Tea Market by Distribution Channel, Value (US$ Bn) and Volume (MT), 2018 - 2031
- 8.3.2. BPS Analysis/Market Attractiveness Analysis

9. Latin America Tea Market Outlook, 2018 - 2031

9.1. Latin America Tea Market Outlook, by Product, Value (US$ Bn) and Volume (MT), 2018 - 2031
- 9.1.1. Key Highlights
  - 9.1.1.1. Black Tea
  - 9.1.1.2. Green Tea
  - 9.1.1.3. Oolong Tea
  - 9.1.1.4. Herbal Tea
  - 9.1.1.5. Others
9.2. Latin America Tea Market Outlook, by Distribution Channel, Value (US$ Bn) and Volume (MT), 2018 - 2031
- 9.2.1. Key Highlights
  - 9.2.1.1. B2B
  - 9.2.1.2. B2C
    - 9.2.1.2.1. Hypermarkets/Supermarkets
    - 9.2.1.2.2. Convenience Stores
    - 9.2.1.2.3. Retail Stores
    - 9.2.1.2.4. Online Stores
    - 9.2.1.2.5. Others
- 9.2.2. BPS Analysis/Market Attractiveness Analysis
9.3. Latin America Tea Market Outlook, by Country, Value (US$ Bn) and Volume (MT), 2018 - 2031
- 9.3.1. Key Highlights
  - 9.3.1.1. Brazil Tea Market by Product, Value (US$ Bn) and Volume (MT), 2018 - 2031
  - 9.3.1.2. Brazil Tea Market by Distribution Channel, Value (US$ Bn) and Volume (MT), 2018 - 2031
  - 9.3.1.3. Mexico Tea Market by Product, Value (US$ Bn) and Volume (MT), 2018 - 2031
  - 9.3.1.4. Mexico Tea Market by Distribution Channel, Value (US$ Bn) and Volume (MT), 2018 - 2031
  - 9.3.1.5. Argentina Tea Market by Product, Value (US$ Bn) and Volume (MT), 2018 - 2031
  - 9.3.1.6. Argentina Tea Market by Distribution Channel, Value (US$ Bn) and Volume (MT), 2018 - 2031
  - 9.3.1.7. Rest of Latin America Tea Market by Product, Value (US$ Bn) and Volume (MT), 2018 - 2031
  - 9.3.1.8. Rest of Latin America Tea Market by Distribution Channel, Value (US$ Bn) and Volume (MT), 2018 - 2031
- 9.3.2. BPS Analysis/Market Attractiveness Analysis

10. Middle East & Africa Tea Market Outlook, 2018 - 2031

10.1.1. Middle East & Africa Tea Market Outlook, by Product, Value (US$ Bn) and Volume (MT), 2018 - 2031
10.1.2. Key Highlights
- 10.1.2.1. Black Tea
- 10.1.2.2. Green Tea
- 10.1.2.3. Oolong Tea
- 10.1.2.4. Herbal Tea
- 10.1.2.5. Others
10.1.3. Middle East & Africa Tea Market Outlook, by Distribution Channel, Value (US$ Bn) and Volume (MT), 2018 - 2031
10.1.4. Key Highlights
- 10.1.4.1. B2B
- 10.1.4.2. B2C
  - 10.1.4.2.1. Hypermarkets/Supermarkets
  - 10.1.4.2.2. Convenience Stores
  - 10.1.4.2.3. Retail Stores
  - 10.1.4.2.4. Online Stores
  - 10.1.4.2.5. Others
10.1.5. BPS Analysis/Market Attractiveness Analysis

10.2. Middle East & Africa Tea Market Outlook, by Country, Value (US$ Bn) and Volume (MT), 2018 - 2031
- 10.2.1. Key Highlights
  - 10.2.1.1. GCC Tea Market by Product, Value (US$ Bn) and Volume (MT), 2018 - 2031
  - 10.2.1.2. GCC Tea Market by Distribution Channel, Value (US$ Bn) and Volume (MT), 2018 - 2031
  - 10.2.1.3. South Africa Tea Market by Product, Value (US$ Bn) and Volume (MT), 2018 - 2031
  - 10.2.1.4. South Africa Tea Market by Distribution Channel, Value (US$ Bn) and Volume (MT), 2018 - 2031
  - 10.2.1.5. Egypt Tea Market by Product, Value (US$ Bn) and Volume (MT), 2018 - 2031
  - 10.2.1.6. Egypt Tea Market by Distribution Channel, Value (US$ Bn) and Volume (MT), 2018 - 2031
  - 10.2.1.7. Nigeria Tea Market by Product, Value (US$ Bn) and Volume (MT), 2018 - 2031
  - 10.2.1.8. Nigeria Tea Market by Distribution Channel, Value (US$ Bn) and Volume (MT), 2018 - 2031
  - 10.2.1.9. Rest of Middle East & Africa Tea Market by Product, Value (US$ Bn) and Volume (MT), 2018 - 2031
  - 10.2.1.10. Rest of Middle East & Africa Tea Market by Distribution Channel, Value (US$ Bn) and Volume (MT), 2018 - 2031
- 10.2.2. BPS Analysis/Market Attractiveness Analysis

11. Competitive Landscape

11.1. Company Market Share Analysis, 2024
11.2. Competitive Dashboard
11.3. Company Profiles
- 11.3.1. R.C. Bigelow, Inc.
  - 11.3.1.1. Company Overview
  - 11.3.1.2. Product Portfolio
  - 11.3.1.3. Financial Overview
  - 11.3.1.4. Business Strategies and Development
- 11.3.2. Tata Consumer Products Limited
  - 11.3.2.1. Company Overview
  - 11.3.2.2. Product Portfolio
  - 11.3.2.3. Financial Overview
  - 11.3.2.4. Business Strategies and Development
- 11.3.3. Nestle S.A.
  - 11.3.3.1. Company Overview
  - 11.3.3.2. Product Portfolio
  - 11.3.3.3. Financial Overview
  - 11.3.3.4. Business Strategies and Development
- 11.3.4. ITO EN, LTD.
  - 11.3.4.1. Company Overview
  - 11.3.4.2. Product Portfolio
  - 11.3.4.3. Financial Overview
  - 11.3.4.4. Business Strategies and Development
- 11.3.5. Associated British Foods plc
  - 11.3.5.1. Company Overview
  - 11.3.5.2. Product Portfolio
  - 11.3.5.3. Financial Overview
  - 11.3.5.4. Business Strategies and Development
- 11.3.6. Barrys Tea
  - 11.3.6.1. Company Overview
  - 11.3.6.2. Product Portfolio
  - 11.3.6.3. Financial Overview
  - 11.3.6.4. Business Strategies and Development
- 11.3.7. The Republic of Tea, Inc.
  - 11.3.7.1. Company Overview
  - 11.3.7.2. Product Portfolio
  - 11.3.7.3. Financial Overview
  - 11.3.7.4. Business Strategies and Development
- 11.3.8. HAIN CELESTIAL GROUP, INC
  - 11.3.8.1. Company Overview
  - 11.3.8.2. Product Portfolio
  - 11.3.8.3. Financial Overview
  - 11.3.8.4. Business Strategies and Development
- 11.3.9. Unilever PLC
  - 11.3.9.1. Company Overview
  - 11.3.9.2. Product Portfolio
  - 11.3.9.3. Financial Overview
  - 11.3.9.4. Business Strategies and Development
- 11.3.10. Dilmah
  - 11.3.10.1. Company Overview
  - 11.3.10.2. Product Portfolio
  - 11.3.10.3. Financial Overview
  - 11.3.10.4. Business Strategies and Development

12. Appendix

12.1. Research Methodology
12.2. Report Assumptions
12.3. Acronyms and Abbreviations