PUBLISHER: KBV Research | PRODUCT CODE: 1374348
PUBLISHER: KBV Research | PRODUCT CODE: 1374348
North America Slimming Tea Market Size, Share & Industry Trends Analysis Report By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Online, and Others), By Product, By Country and Growth Forecast, 2023 - 2030
The North America Slimming Tea Market would witness market growth of 6.7% CAGR during the forecast period (2023-2030).
Brands offer personalized slimming tea solutions, allowing customers to choose blends tailored to their health goals and flavor preferences. Subscription services that regularly deliver slimming teas to consumers' doorsteps have gained popularity. These services provide convenience and introduce consumers to a variety of blends. Unique flavor profiles and infusions, such as hibiscus and rosehip or matcha and moringa, are emerging to distinguish brands and cater to diverse tastes. Manufacturers are increasingly investing in scientific research to validate the efficacy of their slimming tea products. Clinical studies and evidence-based claims are becoming more prevalent in marketing.
Innovative tea makers and machines that automate the brewing process and customize tea concentrations and temperatures based on individual preferences. Apps and platforms that use artificial intelligence to suggest slimming tea blends based on an individual's health goals, dietary restrictions, and taste preferences. The development of entirely eco-friendly packaging solutions, including biodegradable tea bags and sustainable packaging materials, to reduce the environmental footprint of slimming teas. Integration of nutritional analysis tools into slimming tea brands' websites and apps, allowing consumers to track their tea intake's impact on their overall nutrition and wellness.
The rise in obese and overweight people and the region's aging population are the leading causes of the increased demand for slimming tea in North America. According to the United States Centers for Disease Control and Prevention, in the US, the prevalence of obesity was 41.9% from 2017 to March 2020. The prevalence of child obesity has increased by 300%, and now, over one in three American children are overweight or obese. Adults in the ages of 20 and 39 had an obesity prevalence of 39.8%, adults between the ages of 40 and 59 had a prevalence of 44.3%, and people beyond the age of 60 had a prevalence of 41.5%. The yearly medical expenditures of obesity in the United States were projected to be nearly $173 billion in 2019. Medical expenses for adults with obesity were $1,861 more than those within a healthy weight range.
Moreover, a similar trend is visible in Canada as well. According to data from the Government of Canada, regardless of sex, adults living in rural areas have a greater rate of obesity than adults living in metropolitan areas. A third (31.4%) of Canadian adults live in rural areas and are obese. A quarter of Canadian adults (25.6%) who live in cities are obese. Accordingly, rural areas had 5.8 more cases of obesity on average per 100 adult residents than urban areas. These factors will help grow the region's market.
The US market dominated the North America Slimming Tea Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $2,787.9 Million by 2030. The Canada market is exhibiting a CAGR of 9.1% during (2023 - 2030). Additionally, The Mexico market would experience a CAGR of 8.1% during (2023 - 2030).
Based on Distribution Channel, the market is segmented into Supermarkets/Hypermarkets, Convenience Stores, Online, and Others. Based on Product, the market is segmented into Green Tea, Herbal Tea, Black Tea, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Nestle S.A, Tata Consumer Products Limited (Tata Group), Ito En, Ltd., Unilever PLC, Associated British Foods PLC (Wittington Investments Limited), The Hain Celestial Group, Inc., Adagio Teas, Triple Leaf Tea, Inc., Dilmah Ceylon Tea Company PLC (Dilmah), and Hankook Tea.
Scope of the Study
Market Segments covered in the Report:
By Distribution Channel
- Supermarkets/Hypermarkets
- Convenience Stores
- Online
- Others
By Product
- Green Tea
- Herbal Tea
- Black Tea
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Companies Profiled
- Nestle S.A
- Tata Consumer Products Limited(Tata Group)
- Ito En, Ltd.
- Unilever PLC
- Associated British Foods PLC (Wittington Investments Limited)
- The Hain Celestial Group, Inc.
- Adagio Teas
- Triple Leaf Tea, Inc.
- Dilmah Ceylon Tea Company PLC (Dilmah)
- Hankook Tea
Unique Offerings from KBV Research
- Exhaustive coverage
- Highest number of market tables and figures
- Subscription based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Slimming Tea Market, by Distribution Channel
- 1.4.2 North America Slimming Tea Market, by Product
- 1.4.3 North America Slimming Tea Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market At a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.3 Porter's Five Force Analysis
Chapter 4. North America Slimming Tea Market, by Distribution Channel
- 4.1 North America Supermarkets/Hypermarkets Market, by Country
- 4.2 North America Convenience Stores Market, by Country
- 4.3 North America Online Market, by Country
- 4.4 North America Others Market, by Country
Chapter 5. North America Slimming Tea Market, by Product
- 5.1 North America Green Tea Market, by Country
- 5.2 North America Herbal Tea Market, by Country
- 5.3 North America Black Tea Market, by Country
- 5.4 North America Others Market, by Country
Chapter 6. North America Slimming Tea Market, by Country
- 6.1 US Slimming Tea Market
- 6.1.1 US Slimming Tea Market, by Distribution Channel
- 6.1.2 US Slimming Tea Market, by Product
- 6.2 Canada Slimming Tea Market
- 6.2.1 Canada Slimming Tea Market, by Distribution Channel
- 6.2.2 Canada Slimming Tea Market, by Product
- 6.3 Mexico Slimming Tea Market
- 6.3.1 Mexico Slimming Tea Market, by Distribution Channel
- 6.3.2 Mexico Slimming Tea Market, by Product
- 6.4 Rest of North America Slimming Tea Market
- 6.4.1 Rest of North America Slimming Tea Market, by Distribution Channel
- 6.4.2 Rest of North America Slimming Tea Market, by Product
Chapter 7. Company Profiles
- 7.1 Nestle S.A
- 7.1.1 Company Overview
- 7.1.2 Financial Analysis
- 7.1.3 Segmental and Regional Analysis
- 7.1.4 Research & Development Expenses
- 7.1.5 SWOT Analysis
- 7.2 Tata Consumer Products Limited (Tata Group)
- 7.2.1 Company Overview
- 7.2.2 Financial Analysis
- 7.2.3 Segmental and Regional Analysis
- 7.2.4 Research & Development Expenses
- 7.2.5 SWOT Analysis
- 7.3 Ito En, Ltd.
- 7.3.1 Company Overview
- 7.3.2 Financial Analysis
- 7.3.3 Segmental Analysis
- 7.3.4 Research & Development Expense
- 7.3.5 SWOT Analysis
- 7.4 Unilever PLC
- 7.4.1 Company Overview
- 7.4.2 Financial Analysis
- 7.4.3 Segmental and Regional Analysis
- 7.4.4 Research & Development Expense
- 7.4.5 SWOT Analysis
- 7.5 Associated British Foods PLC (Wittington Investments Limited)
- 7.5.1 Company Overview
- 7.5.2 Financial Analysis
- 7.5.3 Segmental and Regional Analysis
- 7.5.4 Research & Development Expense
- 7.5.5 SWOT Analysis
- 7.6 The Hain Celestial Group, Inc.
- 7.6.1 Company overview
- 7.6.2 Financial Analysis
- 7.6.3 Regional Analysis
- 7.6.4 Research & Development Expense
- 7.6.5 SWOT Analysis
- 7.7 Adagio Teas
- 7.7.1 Company Overview
- 7.7.2 SWOT Analysis
- 7.8 Triple Leaf Tea, Inc.
- 7.8.1 Company Overview
- 7.8.2 SWOT Analysis
- 7.9 Dilmah Ceylon Tea Company PLC (Dilmah)
- 7.9.1 Company Overview
- 7.9.2 Financial Analysis
- 7.9.3 Segmental Analysis
- 7.9.4 Research & Development Expenses
- 7.9.5 SWOT Analysis
- 7.10. Hankook Tea
- 7.10.1 Company Overview
- 7.10.2 SWOT Analysis
LIST OF TABLES
- TABLE 1 North America Slimming Tea Market, 2019 - 2022, USD Million
- TABLE 2 North America Slimming Tea Market, 2023 - 2030, USD Million
- TABLE 3 North America Slimming Tea Market, by Distribution Channel, 2019 - 2022, USD Million
- TABLE 4 North America Slimming Tea Market, by Distribution Channel, 2023 - 2030, USD Million
- TABLE 5 North America Supermarkets/Hypermarkets Market, by Country, 2019 - 2022, USD Million
- TABLE 6 North America Supermarkets/Hypermarkets Market, by Country, 2023 - 2030, USD Million
- TABLE 7 North America Convenience Stores Market, by Country, 2019 - 2022, USD Million
- TABLE 8 North America Convenience Stores Market, by Country, 2023 - 2030, USD Million
- TABLE 9 North America Online Market, by Country, 2019 - 2022, USD Million
- TABLE 10 North America Online Market, by Country, 2023 - 2030, USD Million
- TABLE 11 North America Others Market, by Country, 2019 - 2022, USD Million
- TABLE 12 North America Others Market, by Country, 2023 - 2030, USD Million
- TABLE 13 North America Slimming Tea Market, by Product, 2019 - 2022, USD Million
- TABLE 14 North America Slimming Tea Market, by Product, 2023 - 2030, USD Million
- TABLE 15 North America Green Tea Market, by Country, 2019 - 2022, USD Million
- TABLE 16 North America Green Tea Market, by Country, 2023 - 2030, USD Million
- TABLE 17 North America Herbal Tea Market, by Country, 2019 - 2022, USD Million
- TABLE 18 North America Herbal Tea Market, by Country, 2023 - 2030, USD Million
- TABLE 19 North America Black Tea Market, by Country, 2019 - 2022, USD Million
- TABLE 20 North America Black Tea Market, by Country, 2023 - 2030, USD Million
- TABLE 21 North America Others Market, by Country, 2019 - 2022, USD Million
- TABLE 22 North America Others Market, by Country, 2023 - 2030, USD Million
- TABLE 23 North America Slimming Tea Market, by Country, 2019 - 2022, USD Million
- TABLE 24 North America Slimming Tea Market, by Country, 2023 - 2030, USD Million
- TABLE 25 US Slimming Tea Market, 2019 - 2022, USD Million
- TABLE 26 US Slimming Tea Market, 2023 - 2030, USD Million
- TABLE 27 US Slimming Tea Market, by Distribution Channel, 2019 - 2022, USD Million
- TABLE 28 US Slimming Tea Market, by Distribution Channel, 2023 - 2030, USD Million
- TABLE 29 US Slimming Tea Market, by Product, 2019 - 2022, USD Million
- TABLE 30 US Slimming Tea Market, by Product, 2023 - 2030, USD Million
- TABLE 31 Canada Slimming Tea Market, 2019 - 2022, USD Million
- TABLE 32 Canada Slimming Tea Market, 2023 - 2030, USD Million
- TABLE 33 Canada Slimming Tea Market, by Distribution Channel, 2019 - 2022, USD Million
- TABLE 34 Canada Slimming Tea Market, by Distribution Channel, 2023 - 2030, USD Million
- TABLE 35 Canada Slimming Tea Market, by Product, 2019 - 2022, USD Million
- TABLE 36 Canada Slimming Tea Market, by Product, 2023 - 2030, USD Million
- TABLE 37 Mexico Slimming Tea Market, 2019 - 2022, USD Million
- TABLE 38 Mexico Slimming Tea Market, 2023 - 2030, USD Million
- TABLE 39 Mexico Slimming Tea Market, by Distribution Channel, 2019 - 2022, USD Million
- TABLE 40 Mexico Slimming Tea Market, by Distribution Channel, 2023 - 2030, USD Million
- TABLE 41 Mexico Slimming Tea Market, by Product, 2019 - 2022, USD Million
- TABLE 42 Mexico Slimming Tea Market, by Product, 2023 - 2030, USD Million
- TABLE 43 Rest of North America Slimming Tea Market, 2019 - 2022, USD Million
- TABLE 44 Rest of North America Slimming Tea Market, 2023 - 2030, USD Million
- TABLE 45 Rest of North America Slimming Tea Market, by Distribution Channel, 2019 - 2022, USD Million
- TABLE 46 Rest of North America Slimming Tea Market, by Distribution Channel, 2023 - 2030, USD Million
- TABLE 47 Rest of North America Slimming Tea Market, by Product, 2019 - 2022, USD Million
- TABLE 48 Rest of North America Slimming Tea Market, by Product, 2023 - 2030, USD Million
- TABLE 49 Key Information - Nestle S.A
- TABLE 50 Key Information - TATA CONSUMER PRODUCTS LIMITED
- TABLE 51 Key information - Ito En, Ltd.
- TABLE 52 Key Information - Unilever PLC
- TABLE 53 Key Information - Associated British Foods PLC
- TABLE 54 Key Information - The Hain Celestial Group, Inc.
- TABLE 55 Key Information - Adagio Teas
- TABLE 56 Key Information - Triple Leaf Tea, Inc.
- TABLE 57 Key Information - Dilmah Ceylon Tea Company PLC
- TABLE 58 Key Information - Hankook Tea
