The organic tea global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Organic Tea Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The organic tea market size has grown rapidly in recent years. It will grow from $0.97 billion in 2023 to $1.13 billion in 2024 at a compound annual growth rate (CAGR) of 16.5%. The growth in the historic period can be attributed to health and wellness trends, sustainability and environmental concerns, marketing and branding, quality and taste.
The organic tea market size is expected to see rapid growth in the next few years. It will grow to $1.91 billion in 2028 at a compound annual growth rate (CAGR) of 13.9%. The growth in the forecast period can be attributed to sustainability and ethical sourcing, e-commerce growth, increasing awareness and education. Major trends in the forecast period include expanding product variety, regional variations, premium and specialty teas, innovative tea flavors and blends, convenience and on-the-go options, personalized and functional teas.
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Scope Of Organic Tea Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Organic Tea Market Overview
Market Drivers –
Rising consumer awareness about the medicinal properties of organic tea is projected to boost the demand for organic tea over the forecast period. Organic tea, a very popular beverage prepared using buds and boiling leaves obtained from Camellia Sinensis, is free of herbicides, pesticides, and synthetic fertilizers. It has antioxidant properties that have positive effects on the body. Organic tea contains a higher amount of catechins such as epicatechin, epicatechin gallate, and epigallocatechin gallate as compared to conventional tea, and is claimed to be more beneficial to the human body. Moreover, the rich taste of organic tea is making it popular among individuals, increasing the consumption of tea in developed and developing economies. The changing consumer preference towards products manufactured from natural ingredients due to the health benefits that those products offer is expected to drive the growth of the organic tea market over the forecast period.
Market Trends –
The manufacturers operating in the organic tea market are adopting various strategies such as new product innovations, mergers & acquisitions, and plant capacity expansion to expand their market share and global presence. For instance, The Tea Room Chocolate & Tea Company offers various organic tea-infused products, such as a 60% dark chocolate bar infused with green tea, a white chocolate bar with honey and chamomile tea, and a 60% dark chocolate bar with raspberry rooibos tea. Therefore, the trend of infusing chocolate into tea is expected to add to the demand for organic tea.
The organic tea market covered in this report is segmented –
1) By Type: Green Tea, Black Tea, White Tea, Oolong Tea, Herbal Tea, Other Types
2) By Form: Dried Leaf, Liquid, Powder, Other Forms
3) By Product: Paper Pouches, Cans, Cartons, Tea Bags, Other Products
4) By Distribution Channel: Hypermarkets/Supermarkets, Convenience Stores, Online , Specialty Stores, Other Distribution Channels
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Regional Insights –
Asia-Pacific was the largest region in the organic tea market in 2023. Western Europe was the second-largest region in the organic tea market. The regions covered in the organic tea market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Key Companies –
Major companies operating in the organic tea market include Tata Global Beverages Limited, The Unilever Group, Organic India Private Limited, Associated British Food Plc., The Stash Tea Company, ESSAMG Tea Incorporation, Davidson’s Organics, Harney & Sons Fine Teas, Halssen & Lyon GmbH, Ambassador Organics, Celestial Seasonings Inc., Equal Exchange Co-op, Newman’s Own Inc., Numi Organic Tea, Arbor Teas, Art of Tea, Choice Organic Teas, Five Mountains, Green Root LLC, Løv Organic, Rishi Tea & Botanicals, The Path of Tea, The Republic of Tea Inc., Might Leaf Tea Canada, Bigelow Tea Company, Shangri-la Tea Co, Yogi Tea, Vahdam Teas, Bombay Burmah Trading Corporation Limited, R. Twining and Company Limited
Table of Contents
1. Executive Summary
2. Organic Tea Market Report Structure
3. Organic Tea Market Trends And Strategies
4. Organic Tea Market – Macro Economic Scenario
5. Organic Tea Market Size And Growth
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27. Organic Tea Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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