The herbal tea market which was USD 3,588.13 million in 2022, is expected to reach USD 4,616.42 million by 2030, and is expected to undergo a CAGR of 3.20% during the forecast period of 2023 to 2030. “Green tea” dominate the raw material segment of the herbal tea market because green herbal tea is believed to be healthier and more acceptable for young people in the market, which is why market demand for green herbal tea is increasing.
Herbal Tea Market Analysis and Size
Data Bridge Market Research analyzes that the herbal tea market which was USD 3,588.13 million in 2022, is expected to reach USD 4,616.42 million by 2030, and is expected to undergo a CAGR of 3.20% during the forecast period of 2023 to 2030. “Green tea” dominate the raw material segment of the herbal tea market because green herbal tea is believed to be healthier and more acceptable for young people in the market, which is why market demand for green herbal tea is increasing.
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Global Herbal Tea Market Scope
The herbal tea market is segmented on the basis of type, function, packaging type, raw material, product type, distribution channel, and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Cinnamon
- Dandelion
- Chamomile
- Ginger
- Turmeric
- Blends
- Others
Function
- Cognitive Health
- Gut and Digestive Health
- Multifunctional
- Others
Packaging Type
- Loose Tea
- Paper Pouches
- Tea Bags
- Carton Packs
- Can Packaging
Raw Material
- Green Tea
- Black Tea
- Yellow Tea
Product Type
- Syrups
- Premixes
- Powdered Ready to Drink
- Liquid Ready to Drink
Distribution Channel
- Store based
- Non store based
Application
- Commercial Consumption
- Individual Consumption
Global Herbal Tea Market Regional Analysis/Insights
The herbal tea market is analyzed and market size insights and trends are provided by country, type, function, packaging type, raw material, product type, distribution channel, and application referenced above.
The countries covered in the herbal tea market report are U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, rest of Asia-Pacific, Brazil, Argentina, rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, rest of Middle East and Africa.
Competitive Landscape and Herbal Tea Market Share Analysis
The herbal tea market competitive landscape provides details by competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width, and breadth, application dominance. The above data points provided are only related to the companies' focus related to the herbal tea market.
Some of the major players operating in the herbal tea market are:
- Tata Consumer Product Limited (India)
- Unilever (U.K.)
- Associated British Foods plc (U.K.)
- Vahdam (India)
- Celestial Seasonings, (U.S.)
- Bombay Burmah Trading Corporation Limited (India)
- Stash Tea (U.S.)
- Bigelow Tea (U.S.)
- Shangri-la Tea (U.S.)
- Yogi (U.S.)
- Republic of Tea (U.S.)
- Mighty Leaf Tea (Canada)
- Numi, Inc. P.B.C (U.S.)
- ONO TEAS Pvt. Ltd, (India)
- Dilmah Ceylon Tea Company PLC (Sri Lanka)
- Apeejay Surrendra Group (India)
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MAJOR TOC OF THE REPORT
https://www.databridgemarketresearch.com/toc/?dbmr=global-herbal-tea-market
Chapter One: Introduction
Chapter Two: Market Segmentation
Chapter Three: Market Overview
Chapter Four: Executive Summary
Chapter Five: Premium Insights
Chapter Six: Herbal Tea Market
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