Tea Market 2019 Global Industry Sales, Supply, Consumption, Analysis and Forecasts to 2025

Wiseguyreports.Com Publish New Market Research Report On -“Tea Market 2019 Global Analysis, Size, Share, Trends, Opportunities and Growth, Forecast 2025”

Pune, India - September 20, 2019 /MarketersMedia/ —

Tea Market 2019

Tea is globally the most popular beverage. It is obtained from Camellia sinensis plant leaves. It is known to have originated in China, and is majorly grown and consumed in five countries, China, India, Kenya, Indonesia and Sri Lanka. It offers various health benefits owing to the presence of polyphenols working as antioxidants, vitamins, trace minerals, and different amino acids, resulting in stronger immunity, lower cholesterol, increased metabolism, prevention of cancer, and more. In addition, the presence of small amount of caffeine makes tea a mild stimulant preventing fatigue.

The Global Tea Market is projected to reach USD 67,751 million by 2025, growing at a CAGR of 5.5% between 2019 and 2025.

Request Free Sample Report @ https://www.wiseguyreports.com/sample-request/3820331-global-tea-market-research-report-2019

Some of the key factors propelling the growth of this market are:
rise in disposable incomes and change in taste of consumers
the consumption of organic tea to target some of the common health conditions including diabetes, obesity, heart health, etc.
strong consumer acceptance (tea is the world’s most consumed beverage after water) with highest penetration in Asia and Europe
inexpensive and consumed across all socio-economic consumer groups (including low income groups, hence, huge mass adoption)
increase in café culture/out-of-home market for tea/various tea lounges serving varieties of tea has been expanding
rising awareness of carbonated drinks and adoption of new flavours/new types of hot beverages within young population

Market Segmentation:
The global tea market is broadly classified by Type, Packaging, Distribution Channel, Application, and Top Players/Brands. By type, the market is broadly classified into black tea (most popular being anti-allergic, anti-viral, and anti-spasmodic), green tea, oolong tea, and fruit/herbal tea.
By packaging, the market is split into paper boards (largest segment), plastic containers, loose tea, aluminium tin, and tea bags.
By distribution channel, the market is split into supermarkets/hypermarkets (most dominant), specialty stores, convenience stores, and online stores.
By application, the market is divided into residential and commercial.

To determine the market segmentation, the report covers the key players (along with key players’ production capacity, ex-factory price, revenue, and market share) – to name a few:
Kusmi Tea
Associated British Foods
Peet’s Coffee & Tea

The report studies the global tea market overview (macro and micro), opportunities, market drivers and risks, SWOT, Porter’s five forces, and value chain analysis.

Regional Analysis:
In the report, by region, the global tea market is divided into North America, Europe, Asia (China, Japan, and India).

Asia will be the largest revenue contributor (58% of the growth will come from the region) to the tea market throughout the forecast period. Tea is consumed frequently in this region, and consumers prefer to drink tea multiple times a day. With the availability of a skilled workforce, the region is also a major producer and exporter of tea to many countries. Major consumers of tea in terms of per capita consumption are: Turkey, Ireland, Paraguay, Argentina, Kuwait, and UK. However, rise in raw material cost and out of home coffee consumption are expected to limit growth.

Complete Report Details @ https://www.wiseguyreports.com/reports/3820331-global-tea-market-research-report-2019

Contact Info:
Name: Norah Trent
Email: Send Email
Address: Office No.528,Amanora Chambers,Magarpatta Road,Hadapsar,Pune-411028.
Phone: +1-646-845-9349
Website: https://www.wiseguyreports.com

Source URL: https://marketersmedia.com/tea-market-2019-global-industry-sales-supply-consumption-analysis-and-forecasts-to-2025/88921148

Source: MarketersMedia

Release ID: 88921148

Latest News

China criticizes Apple for app that tracks Hong Kong police

Oct 18, 2019

HONG KONG — Apple became the latest company targeted for Chinese pressure over protests in Hong Kong after the ruling Communist Party's main newspaper criticized the tech giant Wednesday for a smartphone app that allows activists to report police movements. HKmap.live, designed by an outside supplier and available on Apple Inc.'s online store, "facilitates illegal behavior," the People's Daily said in a commentary. "Is Apple guiding Hong Kong thugs?" the newspaper said. Beijing has pressed companies including Hong Kong's Cathay Pacific Airways to take the government's side against the protests, which are in their fourth month. Apple didn't immediately respond...

China lets currency sink to 11-year low after Trump threats

Oct 18, 2019

BEIJING — China allowed its yuan to sink to an 11-year low Monday after President Donald Trump sent jittery financial markets tumbling by announcing new tariff hikes and threatening to block American companies from doing business with this country. The escalation in the fight over trade and technology prompted warnings that chances for a settlement were disappearing. The yuan declined to 7.1468 to the dollar, a relatively modest change from Friday's low point of 7.0927 but its weakest rate since January 2008. The yuan has lost 6.5% from this year's high on Feb. 28. Chinese leaders have promised to avoid...

China threatens retaliation if US tariff hikes go ahead

Oct 18, 2019

BEIJING — China on Thursday threatened retaliation if Washington steps up their war over trade and technology by going ahead with planned Sept. 1 tariff hikes on additional Chinese imports. Beijing will take unspecified "necessary countermeasures," the Cabinet said in a one-sentence statement. It gave no details or any indication plans for trade talks in Washington in September might be affected. The mounting tension has unnerved financial markets that worry the global economy will tip into recession. President Donald Trump says he plans to impose 10% duties on an additional $300 billion of Chinese imports, extending penalties to almost everything...

China's Xi gets tougher on Trump after new tariff threat

Oct 18, 2019

BEIJING — Facing another U.S. tariff hike, Chinese President Xi Jinping is getting tougher with Washington instead of backing down. Beijing fired what economists called a "warning shot" at Washington by letting its yuan currency weaken in response to President Donald Trump's latest threat of more punitive import duties on Sept. 1. Chinese buyers canceled multibillion-dollar purchases of U.S. soybeans. Regulators are threatening to place American companies on an "unreliable entities" list that might face curbs on their operations. Both sides have incentives to settle a trade war that is battering exporters on either side of the Pacific and threatening...

US says new round of talks with China were 'constructive'

Oct 18, 2019

SHANGHAI — U.S. and Chinese envoys held "constructive" trade talks on Wednesday, the White House said, after President Donald Trump rattled financial markets by accusing Beijing of trying to stall in hopes he will fail to win reelection in 2020. The meeting, aimed at ending a tariff war over trade and technology, ended about 40 minutes ahead of schedule. Neither delegation spoke to reporters before U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin left for the airport. But White House spokeswoman Stephanie Grisham said in a statement hours later that "the meetings were constructive," and that talks are...

Scienfinite is created to inspire our readers with the aim to understand the world and appreciate its everyday awe. Keep up with the technology and latest innovations here, only in Scienfinite.