Transparency Market Research Tea Market - Global Industry Analysis, Trend, Size, Share and Forecast, 2014 - 2020 Published Date 03-03-2015 46 Page Report Buy Now Request Sample Press Release Global Tea Market to Develop at 2.8% CAGR between 2014 and 2020 to Reach US$47.20 Billion by 2020 Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com [email protected] Tea Market REPORT DESCRIPTION Hailed all across the world as an appealing and low-cost drink that is best served piping hot, tea is finding its consumer base increasing by the year. The global tea market is expected to grow rapidly over the coming years. The primary cause of this is the growing number of people across all age groups who are beginning to prefer drinking hot tea over other beverages. The global tea market also provides employment to a large number of citizens of any tea-producing region. Many types of tea are also touted for their therapeutic abilities against blood pressure issues, low bone density, arthritis, heart diseases, and several types of cancer. The high amount of antioxidants present in many teas, particularly green tea, is responsible for the purported health benefits. Browse the full Tea Market report at: http://www.transparencymarketresearch.com/global-teamarket.html Growing Consumer Base Creates Larger Global Tea Market The global tea market is finding an increasing demand as people are beginning to prefer hot beverages as a part of their daily liquid consumption. More and more people are becoming health-conscious and are thus being attracted to herbal teas due to their health benefits. Teas possess antioxidants in abundance, which helps treat and prevent multiple ailments, including cardiovascular and degenerative diseases along with stomach and esophageal cancer. The myriad health benefits provided by tea have helped drive the global tea market among the more informed and sophisticated consumer demographics. Black Tea is the Most Consumed Tea in Global Tea Market The two basic segments of the global tea market according to type are leaf tea and Crush, Tear, and Curl (CTC) tea. Sub-segments of leaf tea include oolong tea, black tea, and green tea. Of these, black tea dominated the global tea market in 2013, accounting for more than 50% of the global market in terms of demand. This sub-segment is immediately followed by green tea, the market for which is driven due to its high antioxidant count and a traditionally high rate of consumption in the Asia Pacific region, where human consumption of tea historically began. Green tea is the fastest growing segment in the global tea market. Request a Brochure of this Report :http://www.transparencymarketresearch.com/sample/sample.php? flag=S&rep_id=4187 India and China Top Tea Consumers in Global Tea Market The Asia Pacific region has dominated the global tea market for quite some time. It is the largest producer and consumer of tea. The prime reason for this is the substantially high production and storage capacities in India and China, the two largest tea-drinking nations in the world. By rank, India is the largest tea consumer of tea, followed by the U.K. and China. Low rates of consumption in North America, where coffee is usually the beverage of choice, have resulted in a very slow growth of the tea market in this region. Transparency Market Research 2 Tea Market These trends are expected to continue till 2020, although the increasing preference for green tea in the U.S. could gradually tilt the scales in favor of the tea market. The top players in the global tea market include Tata Global Beverages Ltd., Akbar Brothers Ltd., Wissotzky Tea, Unilever, and Twinning of London. Each of the top competitors has succeeded in making full use of the invaluable distribution network within the global tea market in order for their products to reach retailers, merchandisers, supermarkets, and hypermarkets. With consumers showing a better standard of living and greater awareness of health upkeep, the global tea market can safely look forward to an optimistic future. The global tea market was worth US$38.84 billion in 2013. It is expected to grow at a CAGR of 2.8% from 2014 to 2020. Should the CAGR hold, the global tea market will reach US$47.20 billion by 2020. The global tea market is showing a strong growth rate, although consolidated mostly in parts of Europe and most of Asia Pacific. Players can look for a higher demand as more and more consumers are looking to the global tea market for their daily beverage requirements. Browse Article : http://www.transparencymarketresearch.com/article/global-tea-market.htm TABLE OF CONTENT Chapter 1 Preface 1.1 Report description 1.2 Market segmentation 1.2.1 Global tea market segmentation, product type and geography 1.3 Research scope 1.4 Research methodology Chapter 2 Executive Summary 2.1 Global tea market size and volume, 2013 - 2020 (USD billion), (kg billion) 2.2 Global tea market snapshot Chapter 3 Market overview 3.1 Introduction Transparency Market Research 3 Tea Market 3.2 Market Drivers 3.2.1 Market Drivers for tea market: Impact analysis 3.2.1.1 Health benefits of tea consumption 3.2.1.2 Global tea market: Flavonoid antioxidant content of selected beverages & food (2014) 3.2.1.3 Economic benefits and huge employment opportunities generated through the tea industry 3.3 Market restraints 3.3.1 Restraints for tea market: Impact analysis 3.3.2 Side effects of over consumption of tea 3.3.3 Availability of substitutes for tea 3.4 Market opportunities 3.4.1 Increasing demand for green tea in skin and beauty treatment 3.5 Global Tea Market: Market Attractiveness, 2013 3.5.1 Market Attractiveness Analysis by Geography, 2013 3.5.2 Market Attractiveness Analysis by tea type, 2013 3.5.3 Market Attractiveness Analysis by leaf tea type, 2013 3.6 Major players Chapter 4 Global Tea Market Analysis, by Product Type 4.1 Global tea market, by product type: Overview 4.1.1 Global tea market size and forecast, by product type, 2013 vs. 2020 (Value %) 4.2 Leaf Tea 4.2.1 Market size and forecast, 2013 – 2020 Transparency Market Research 4 Tea Market 4.3 CTC tea 4.3.1 Market size and forecast, 2013 – 2020 Chapter 5 Global Tea Market Analysis and Forecast, by Geography 5.1 Introduction 5.1.1 Global tea market size and forecast, by geography, 2013 and 2020 (Value %) 5.2 North America 5.2.1 North America tea value vs. volume market size and forecast, 2013 – 2020 (USD billion), (Kg billion) 5.3 Europe 5.3.1 Europe tea value vs. volume market size and forecast, 2013 – 2020 (USD billion), (Kg billion) 5.4 Asia Pacific 5.4.1 Asia Pacific tea value vs. volume market size and forecast, 2013 – 2020 (USD billion), (Kg billion) 5.5 Rest of the World (RoW) 5.5.1 RoW tea value vs. volume market size and forecast, 2013 – 2020 (USD billion), (Kg billion) About Us Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forwardlooking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge. Transparency Market Research 5 Tea Market Contact Transparency Market Research 90 State Street, Suite 700, Albany NY - 12207 United States Tel: +1-518-618-1030 USA - Canada Toll Free 866-552-3453 Email: [email protected] Website: http://www.transparencymarketresearch.com/ Transparency Market Research 6
Hailed all across the world as an appealing and low-cost drink that is best served piping hot, tea is finding its consumer base increasing by the year. The global tea market is expected to grow rapidly over the coming years. The primary cause of this is the growing number of people across all age groups who are beginning to prefer drinking hot tea over other beverages. The global tea market also provides employment to a large number of citizens of any tea-producing region. Browse the full Tea Market report at: http://www.transparencymarketresearch.com/global-tea-market.html
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