Global Tea Market was valued US$13.26 Bn in 2019 and is anticipated to reach US$XX Bn by 2026 at a CAGR of XX % during a forecast.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision-makers to prepare the outline for short term and long term strategies for companies by region.
Tea is the most famous and frequently consumed in globally. Growing in consumption of tea, growth in serving tea in the restaurant, availability of flavored tea beverages, this are the factors which drives the growth of tea market. Phytochemicals, antioxidants, and flavonoids are present in the tea, which helps to maintain the healthy functioning of the human body these health benefits fuel the growth to the tea market. Caffeine present in the tea causes difficulty in sleeping, nervousness, irregular heart rate, diarrhea, and others, this hampers the growth of the tea market. Green tea is gaining popularity due to its weight loss advantage.
Global Tea Market is segmented by type, by packaging, by distribution channel, by application, and by region. Based on the type, tea market is segmented into green tea, black tea, oolong tea, fruit/herbal tea, and others. Supermarkets/hypermarkets, convenience stores, online stores, and others are distribution channel segments of tea segment. Regionally, tea market is segmented into North America, Europe, Asia-Pacific, Middle East, and Latin America.
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The scope of the Global Tea Market
Global Tea Market by Product Type:
• Green Tea• Black Tea• Oolong Tea• Fruit/Herbal Tea• OthersGlobal Tea Market by Distribution Channel Type Type:
• Supermarkets• Hypermarket• Convenient Stores• Specialty Stores• Online or E-CommerceGlobal Tea Market by Region:
• North America• Europe• Asia Pacific• Middle East & Africa• Latin AmericaKey Player Analysed in Global Tea Market:
• Tata Global Beverages• Unilever• Associated British Foods Plc.• TAETEA• Nestl• Barry’s Tea• Apeejay Surrendra Group• Bettys & Taylors Group Ltd.• McLeod Russel• ITO EN Inc• Mighty Leaf Tea Company• Numi Organic Tea• The Republic of Tea• Tazo Tea Company• Teavana• Celestial Seasonings• Fukujuen• Harney and Sons• Kazi Tea• M. M. Ispahani Limited• DavidsTea• Tim Hortons• Godrej Group• Hsin International Group• The Coca-Cola Company• PepsiCo Inc.• Suntory Holdings Ltd.• Sapporo Beverage Co., Ltd.• Nestle S.A.• Starbucks Corporation• Arizona Beverage Company• Asahi Group Holdings• Unilever NV.• Danone SA• Uni-President Enterprises• Hangzhou Wahaha International Group Co. Ltd.• Monster Beverage Corporation
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