June, 2022/ Market Research Future published a report on Global Organic Tea Market which is estimated to grow more than 5.95% during the period 2022-2030.
Market Overview
The increasing sale of organic tea is driven by changing consumer’s preference and adoption of healthy food consumption trend. Nutraceutical properties of organic tea is increasing its sale in the market as a potential healthy beverage. The health benefits obtained from organic tea backed up by its high anti-oxidant content and anti-microbial properties is also supporting its sale amongst the consumers. Increasing consumption of natural and refreshing drinks helping in reducing the cholesterol content has a positive impact on the organic tea market. The consumption of organic tea is found to be high in and Asia-Pacific and is evaluated to increase at a positive growth rate in various countries of Europe and North America.Â
Market Forecast
Globally, the organic tea market share is estimated to escalate at a higher growth rate due its nutritional profile. Organic tea is free of any chemicals and is known to boost up the immune system thereby improving the body’s metabolic functions. The high consumption of organic tea is backed up by less caffeine content and thus imposing harmful effect to the body. The rising demand for beverages with rich and refreshing flavors is supporting its sale on a global level. The nutritional value of organic tea also has increased its demand in pharmaceutical industries due to its medicinal properties.
All these factors contribute to the calculated CAGR of 5.95% of organic tea market during 2022-2030.
Downstream analysis-
Consumption of black organic tea is growing at significant rate based on high demand from the consumer’s side for strong flavored tea products. In addition, the market of organic tea in tea bags form is experiencing a rapid increase followed by its convenience usage. Based on the formulation, unflavored organic tea holds a lion’s share as it is used for further processing by manufacturers.
The sale of Organic Tea through hypermarkets and supermarkets is experiencing a surge backed up by consumer’s convenience and readily availability of the product. However, the sale through E-commerce will witness a high growth rate in the given forecast period supported adoption of advanced technology by consumer’s on daily basis.Â
Competitive analysis-
The major key players in Organic Tea market are
- Tata Tea Limited (India)
- Unilever Tea Brands (U.K.)
- Associated British Foods (U.K.)
- Ten Fu Group (China)
- Taylors of Harrogate (U.K.)
- Bigelow Tea (U.S.)
- American Tea Room (U.S.)
Organic Tea manufacturers across various regions follow the strategy of improving their existing product as well as increasing the manufacture of flavored organic tea to meet the consumer’s demand to expand their business. This is one of the major factors due to which the demands of organic tea is experiencing a surge. India is amongst the dominating countries holding a major share in organic tea market and exports the product in various other countries which include U.S., Russia, Iran, U.K. and others.
Regional Analysis
The global organic tea market is segmented into North America, Europe, Asia Pacific, and rest of the world (ROW). Asia Pacific holds a major market share followed by Europe. The high demands for Organic Tea from the developed countries of these regions is contributing to the positive growth of organic tea market. Russia, U.S., U.K., Iran and Egypt are the major importers of Organic Tea. Asia-Pacific is found to be the major exporter of Organic Tea and exports majorly to countries of Europe and North America.
Market Segmentation-
Global Organic Tea market is segmented by type, form, formulation, distribution channel and region
ACCESS REPORT DETAILS @ https://www.marketresearchfuture.com/reports/organic-tea-market-3139
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Contact:
Akash Anand,
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email:Â akash.anand@marketresearchfuture.comÂ
Â
Leading companies partner with us for data-driven Insights
Kindly complete the form below to receive a free sample of this Report
Base Year | 2022 |
Companies Covered | 15 |
Pages | 110 |
Certified Global Research Member
Why Choose Market Research Future?
- Vigorous research methodologies for specific market.
- Knowledge partners across the globe
- Large network of partner consultants.
- Ever-increasing/ Escalating data base with quarterly monitoring of various markets
- Trusted by fortune 500 companies/startups/ universities/organizations
- Large database of 5000+ markets reports.
- Effective and prompt pre- and post-sales support.
Tailored for You
- Dedicated Research on any specifics segment or region.
- Focused Research on specific players in the market.
- Custom Report based only on your requirements.
- Flexibility to add or subtract any chapter in the study.
- Historic data from 2014 and forecasts outlook till 2040.
- Flexibility of providing data/insights in formats (PDF, PPT, Excel).
- Provide cross segmentation in applicable scenario/markets.