A recent report published by Infinium Global Research on herbal tea market provides an in-depth analysis of segments and sub-segments in global as well as regional herbal tea market. The study also highlights the impact of drivers, restraints and macro indicators on the global and regional herbal tea market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global herbal tea market. According to report, the global herbal tea market is projected to grow at a CAGR of 4.5% over the forecast period of 2018-2024.
The report on the global herbal tea market covers segments such as type, packaging type, and form. On the basis of type, the global herbal tea market is categorized into black tea, green tea, and yellow tea. Black tea is grown and processed all over the world in varying geographies and climates. Green tea is the healthiest beverage on the planet. Green tea is more than just liquid. Tea is rich in polyphenols that have effects like reducing inflammation and helping to fight cancer. On the basis of packaging type, the global herbal tea market is categorized into carton packs, herbal tea bags, herbal tea paper pouches, and loose tea. On the basis of form, the global herbal tea market is categorized into instant premixes, liquid, and powdered RTD and syrups.
The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. In this section, the key trends and market size for each geography is provided over the period of 2016-2024. The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and among others. Moreover, Germany, U.K., France, Spain, and Rest of Europe are included in the European region. The U.S. drives the growth in the North America region as it is the largest market in the region. The Asia-Pacific region offers a substantial potential for the market growth owing to rapid growth in markets such as India and China. The APAC region is projected to experience growth at a CAGR of x.x% over the period of 2018-2024. Three of the largest producers of black tea today are India, Sri Lanka and Africa. In fact, half of the world’s tea production comes from India. Some of the most popular styles of black tea coming out of these top-producing countries include Assam, Darjeeling, Ceylon, and Kenyan.
The report provides profiles of the companies in the global herbal tea market such as Associated British Foods (ABF), Adagio Teas, Dilmah Tea, Tata Global Beverages (TGB), Nestea, Unilever, Global Herbitech, Green Earth Products Pvt Ltd, Buddha’s Herbs and Martin Bauer Group.
The report provides deep insights on demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the global herbal tea market. Moreover, IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of herbal tea market.
Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the herbal tea market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players. This report will help manufacturers, suppliers, and distributors of the herbal tea market to understand the present and future trends in this market and formulate their strategies accordingly.
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