The global tea market size was valued at USD 55,144 million in 2019, and is projected to reach a CAGR of 7.6% from 2021 to 2028.
Tea is an aromatic beverage derived from Camellia Sinensis plant. It is one of the most consumed beverages in the world. Black tea and green tea are the most popular tea while herbal tea is gaining popularity. Tea is considered a healthy beverage owing to presence of a number of potent antioxidants, and minerals such as potassium, manganese, magnesium, & calcium. Regular consumption of tea helps reduce cell damage caused due to free radicals as well as lowers cholesterol levels and facilitates healthy weight loss
Growth in health awareness, increase in the disposable income and introduction of additional healthy ingredients in tea by different market are some of the factors that have supported long-term expansion for Tea Market.
Asia-Pacific and Europe are the most prominent regional market. This can be attributed high consumption and production of tea in the region. China is expected to grow with the highest CAGR throughout the forecast period, owing to the prevalence of tea culture.
Insights are provided for each region and major countries within the regions
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Report Feature |
Descriptions |
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Growth Rate |
CAGR of 6.7% during the forecasting period, 2021-2028 |
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Historical Data |
2018-2019 |
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Forecast Years |
2021-2028 |
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Base Year |
2020 |
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Units Considered |
Revenue in USD million and CAGR from 2021 to 2028 |
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Report Segmentation |
application, type, distribution channel, packaging and region. |
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Report Attribute |
Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling |
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Regional Level Scope |
North America, Europe, Asia-Pacific, South America, and Middle East and Africa |
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Country Level Scope |
U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe) |
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Companies Profiled |
British Foods Plc., Barry's Tea Limited, Hain Celestial Group, Inc, ITO EN, Ltd., Mcleod Russel India Limited, Nestle S.A., TaeTea, Tata Global Beverages, The Republic of Tea, Inc., And Unilever Group. |
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Available Customization |
In addition to the market data for Tea Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement. |
Tea Market is segmented into application, type, distribution channel, packaging and region.
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