The Business Research Company’s Tea Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Tea Global Market Report 2023 evaluates tea market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global tea market size is expected to grow from $50.15 billion in 2022 to $53.59 billion in 2023 at a compound annual growth rate (CAGR) of 6.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global tea market size is expected to reach $65.87 billion in 2027 at a CAGR of 5.3%.
The tea market segments in the report are:
Tea Market By Type :
Green Tea
Black Tea
Oolong Tea
Fruit Or Herbal Tea
Other Types
Tea Market By Packaging :
Plastic Containers
Loose Tea
Paper Boards
Aluminium Tins
Tea Bags
Tea Market By Distribution Channel :
Super Markets Or Hyper Markets
Special Stores
Convenience Stores
Online Stores
Other Distribution Channels
Tea Market By Application :
Residential
Commercial
Top Major Players
Barry’s Tea Limited
ITO En Ltd.
Nestle S.A
TATA Global Beverages
The Republic of Tea Inc.
Asia-Pacific was the largest region in the tea market in 2022.
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The table of contents in TBRC’s tea market report includes:
1. Executive Summary
2. Tea Market Characteristics
3. Tea Market Trends And Strategies
4. Tea Market – Macro Economic Scenario
5. Tea Market Size And Growth
……………..
26. Africa Tea Market
27. Tea Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Tea Market
29. Tea Market Future Outlook and Potential Analysis
30. Appendix
List Of Tables :
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Tea Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Tea Market, Segmentation By Packaging, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Tea Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
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Table 47: Barry’s Tea Limited Financial Performance
Table 48: ITO En Ltd. Financial Performance
Table 49: Nestle S.A Financial Performance
Table 50: TATA Global Beverages Financial Performance
Table 51: The Republic of Tea Inc. Financial Performance
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