The analysts forecast global tea market to grow at a CAGR of 4.60% during the period 2016-2020.
After water, tea is consumed the most, and it also costs less compared to other beverages. It contains large amounts of antioxidants, and it can thus help in lowering the risk of various health problems. It helps to treat cancer, prevents arthritis, boosts bone density, controls blood pressure, and reduces the risk of heart diseases. Green tea, especially, contains antioxidants and helps in the prevention of esophageal and stomach cancer.
Owing to these benefits, the tea market is spread across various regions like the Americas, Europe, APAC, and MEA. Among these regions, APAC held the largest market share in 2015 and is expected to retain its dominant position throughout the forecast period.Covered in this report
The report covers the present scenario and the growth prospects of the global tea market for 2016-2020. To calculate the market size, the report considers the revenue generated through the sale of tea by key vendors in the market.
The market is divided into the following segments based on geography:
The report, Global Tea Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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- Associated British Foods
- Da Yi Tea
- Ito En
- Tata Global Beverages
Other prominent vendors
- Apeejay Tea
- Barry’s Tea
- Betty’s and Taylors of Harrogate
- Celestial Seasonings
- Harney and Sons
- McLeod Russel
- Mighty Leaf Tea
- The Republic of Tea
- Tazo Tea Company
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- Health benefits associated with tea
- Rise in demand for RTD tea
- Growing opportunity for tea in foodservice sector
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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