The herbal tea market was valued at USD 3,290.17 million in 2021 and is expected to reach a value of USD 5,445.22 million by 2029, at a CAGR of 6.50% during the forecast period of 2022-2029.
Market Analysis and Size
Herbal tea is a refreshing drink that aids in stress reduction and is widely consumed around the world. Herbal tea has a high concentration of antioxidants and flavonoids. They may have anti-cancer and anti-aging properties, making them a healthier choice.
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Data Bridge Market Research analyses that the herbal tea market was valued at USD 3,290.17 million in 2021 and is expected to reach the value of USD 5,445.22 million by 2029, at a CAGR of 6.50% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and consumer behaviour.
Global Herbal Tea Market Scope
The herbal tea market is segmented on the basis of type, function, packaging type, raw material, product type, application, and distribution channel. 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
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
Herbal Tea Market Regional Analysis/Insights
The herbal tea market is analysed and market size insights and trends are provided by country, form, distribution channel, and application as referenced above.
The countries covered in the herbal tea market report are U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Competitive Landscape and Herbal Tea Market Share Analysis
The herbal tea market competitive landscape provides details by competitor. 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 herbal tea market.
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Some of the major players operating in the herbal tea market are:
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Tata Consumer Product Limited (India)
Unilever (UK)
Associated British Foods plc (UK)
Vahdam (India)
Celestial Seasonings,(US)
Bombay Burmah Trading Corporation Limited (India)
Stash Tea (US)
Bigelow Tea (US)
Shangri-la Tea (US)
Yogi (US)
Republic of Tea (US)
Mighty Leaf Tea (Canada)
Numi, Inc. P.B.C (US)
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
- 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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