PUBLISHER: Value Market Research | PRODUCT CODE: 1305155
PUBLISHER: Value Market Research | PRODUCT CODE: 1305155
The global demand for Fruit Tea Market is presumed to reach the market size of nearly USD 13.33 BN by 2030 from USD 5.95 BN in 2022 with a CAGR of 10.6% under the study period 2023 - 2030.
Fruit Tea is a beneficial brew that combines earthy teas, herbs, and spices with the sweetness of exotic fruits. It is used to replace beverages that are high in sugar and caffeine. Fruit tea has a tonne of advantages because it contains so many vitamins and minerals. The fruit tea has many flavours that include cherry, apple, blackcurrant, raspberry, orange, strawberry, peach, and blueberry.
The growing popularity of healthy beverages such as fruit tea and rising consumer awareness, increasing health consciousness, changing lifestyle, and changing preferences are anticipated to fuel the market expansion of fruit tea. The use of natural ingredients and demand for healthy alternatives to artificial aroma is projected to propel the market growth of fruit tea. Furthermore, numerous manufacturers are investing in developing new products and flavours with sustainable techniques, along with the introduction of a ready-to-drink package that is easily assessable and consumable by the consumer is further anticipated to boost the market growth of fruit tea. However, growing consumption of alternative beverages like coffee, lack of awareness, fluctuating prices for raw materials, and changing climate conditions are expected to impede the fruit market growth.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of fruit tea. The growth and trends of fruit tea industry provide a holistic approach to this study.
This section of the fruit tea market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Fruit Tea market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the fruit tea market include Harney & Sons Fine Teas, R. Twining and Company Limited, Tata Consumer Products, Hain Celestial, Unilever, The Bigelow Tea Company, Dilmah Ceylon Tea Company PLC, Tiesta Tea, and Bettys & Taylors of Harrogate Ltd. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
*Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies