Global Herbal Tea Market Research Report—Forecast till 2025

SKU ID : MRF- 15864860

Publishing Date : 30-Jun-2020

No. of pages : 100

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  • Herbal Tea Market Research Report - Global Forecast till 2025

    Market Overview


    Global Herbal Tea Market is estimated to exhibit a CAGR of 4.94% to reach USD 4,226.9 Million by review period. Herbal teas are prepared using a combination of dried leaves, seeds, grasses, nuts, tree barks, fruits, flowers, or ingredients, roots, spices, seeds, and fruit other botanical elements to provide taste and avoid the hazards causing due to regular tea. The herbal tea is usually caffeine-free and made without the Camellia sinensis plant. These herbal teas are available in different flavors such as ginger, peppermint, lemon, holy basil with different tastes that causes various health benefits.
    The global herbal tea market is evaluated to register a significant market growth owing to the pleasant flavor, mildly stimulating effects, and medicinal properties and the high demand for functional beverages and the launch of new and innovative flavors. The global market is attributed to various tea producers are stepping into the food & beverage industry. Moreover, the major market players are anticipated to witness incredible growth opportunities owing to the increasing requirement for organic products due to health concerns caused by chemical additives present in conventional products. Besides that, the high costs of herbal tea as compared to its regular counterpart and less awareness of the product in non-developed regions are expected to hinder the growth of the herbal tea market at the global level during the review period
    Market Segmentation
    The Global Herbal tea Market has been bifurcated based on the Coffee Type and distribution channel. The coffee type segment has been categorized into traditional and Decaf segments. Based on the distribution channel the global herbal tea market has been segmented into store-based and Non-store based types. The store-based segment has been farther divided into Supermarkets and hypermarkets, Convenience Stores, and others.
    The blends segment evaluated for the major share in 2018 and is expected to continue the growth at a substantial CAGR and reach USD 1,405.1 million during the review period.

    Regional Analysis
    Geographically the global herbal tea market has been segmented into North America, Europe, Asia-Pacific, and the Middle East and Africa.
    In 2018, Asia-Pacific dominated the largest market share of 36.47% of the global herbal tea market and it is expected to drive the market during the forecast period. China is the largest producer and consumer of herbal tea across the globe.
    Europe is expected to contribute a significant share of the herbal tea market owing to increasing demand for functional beverages and rising consumer inclination toward organic food & beverages. The US is a major dominating the herbal tea market in North America, followed by Canada due to the high prevalence of obesity.
    Major Players
    The Key Players operating in the Global Herbal Tea Market include Tata Global Beverages Limited (India), Unilever PLC (UK), Organic India Pvt. Ltd. (India), The Hain Celestial Group, Inc. (US), Associated British Foods PLC (UK), Barry's Tea (Ireland), Apeejay Surrendra Group (India), Dilmah Ceylon Tea Company PLC (Sri Lanka), Harney & Sons (US), and Adagio Teas (US).



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    This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

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    The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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