From Leaf to Cup: Understanding the Tea Supply Chain and Its Challenges

0
196

The global tea market, valued at US$ 20.2 billion in 2023, is projected to grow at a compound annual growth rate (CAGR) of 5.9%, reaching US$ 33.9 billion by 2032. This growth is propelled by increasing health awareness and the rising popularity of herbal teas, as noted by market analysts. The consumption of tea, known for its numerous health benefits, is experiencing a significant surge. These benefits include better cardiovascular and metabolic health, immune system support, inflammation reduction, and a lower risk of various diseases.

Get Sample PDF Research Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=4187

Rise of Loose-Leaf Organic and Functional Teas
Consumers are increasingly interested in high-quality teas, with loose-leaf organic tea gaining popularity. Vendors are responding by launching functional teas designed to offer specific health benefits. Additionally, there is a shift towards sustainable practices, such as using recycled packaging and sourcing tea from sustainable farms, to appeal to environmentally conscious customers.

Health Benefits and Market Dynamics
Tea, derived from the cured leaves of the Camellia sinensis plant, is well-regarded for boosting the immune system and reducing inflammation. The market offers a variety of teas, including green, black, oolong, and herbal teas. Green tea, in particular, is marketed for its ability to improve brain clarity, relieve headaches and gastrointestinal issues, and promote weight loss.

One emerging trend is purple tea, primarily grown in Kenya at elevations between 4,500 to 7,500 feet. This tea is noted for its high levels of beneficial anthocyanins and polyphenols due to its exposure to intense sunlight.

𝗖𝗹𝗶𝗰𝗸 𝗵𝗲𝗿𝗲 𝘁𝗼 𝘃𝗶𝗲𝘄 𝘁𝗵𝗲 𝗰𝗼𝗺𝗽𝗿𝗲𝗵𝗲𝗻𝘀𝗶𝘃𝗲 𝗿𝗲𝗽𝗼𝗿𝘁 𝗶𝗻 𝗳𝘂𝗹𝗹 𝗱𝗲𝘁𝗮𝗶𝗹 - https://www.transparencymarketresearch.com/global-tea-market.html

Drivers of Market Growth
Health Awareness
Increased awareness of tea's health benefits is a major driver of market growth. Tea contains antioxidants and flavonoids, contributing to its appeal for those seeking to improve their overall well-being. A study by the National Institutes of Health (NIH) in September 2022 revealed that individuals who consumed at least two cups of tea daily had a 9-13% lower risk of death compared to non-tea drinkers. This growing awareness is significantly boosting the tea market's value.
Iced tea is also gaining traction, with major vendors launching multiple flavors. For example, in 2022, Jade Forest introduced a line of premium iced teas with antioxidants and real fruit juice, further spurring market growth.

Popularity of Herbal Tea
Herbal tea, made from dried herbs and spices, offers various benefits such as reduced inflammation, stress relief, and immune system support. It also supports a healthy diet. According to data from Canada Statistics, the retail sales of fruit or herbal tea were valued at US$ 144.0 million in 2022 and are projected to reach approximately US$ 286.0 million by 2026. This growing demand for herbal tea is driving market expansion.

Organic labels and herbal teas are increasingly popular due to their health benefits, with ingredients like basil, cinnamon, and lemon grass. Vendors are using organic ingredients grown without pesticides or synthetic fertilizers, promoting sustainable practices.

Manufacturers are introducing new and healthy herbal tea products with fortified nutrients, available in various sizes and flavors. For instance, in June 2022, Clipper Tea Company expanded its product line in the U.S. with new organic flavors.

Regional Outlook
The Asia Pacific region held the largest market share in 2023, driven by increased awareness of tea's health benefits and a growing aversion to carbonated drinks. China and India are the major consumers and exporters of tea. China's tea market growth remains steady due to the historical significance and widespread popularity of tea. In India, increased investment in tea processing units is boosting the industry. For example, Tata Consumer Products inaugurated a new tea-packaging plant in Odisha in July 2022.

Key Players and Developments
Key players in the global tea market are focused on delivering high-quality products, emphasizing superior and organic quality herbs that provide health benefits, boost immunity, and meet consumer expectations. Major companies include Unilever, Starbucks Corporation, Wissotzky Tea, Associated British Foods, Nestle S.A., Akbar Brothers Ltd., Tata Consumer Products Limited, The Republic of Tea, DAVIDs TEA, Assam Company India Ltd., LIPTON Teas and Infusion, Caraway Tea, and Harris Tea Company.

About Us Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

Contact:

Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453

Cerca
Categorie
Leggi di più
Networking
Wholesale Telecom Carrier Market Report Offers Intelligence And Forecast Till 2032
Wholesale Telecom Carrier Market:  The Wholesale Telecom Carrier Market is...
Di Marketer13 2024-09-12 11:11:03 0 1K
Party
Loại Mai Xanh Tinh Tế Lạ Mắt
Loại Mai Xanh Tinh Tế Lạ Mắt Cây Hoa Mai Xanh, còn được gọi là Mai...
Di phocohanoi2 2024-04-04 04:53:58 0 3K
Altre informazioni
Travis Scott x Jordan 1:街頭文化與經典設計的完美融合
  在當今的球鞋文化中,travis scott 與 Jordan Brand 的合作無疑是最受矚目的聯名系列之一。Travis Scott x Jordan...
Di itanpmkujztc 2024-08-21 03:17:48 0 1K
Networking
Different types of rail fastening systems are sold
elastic rail spikes work by securing the track to the sleeper or tie. Generally speaking,...
Di napebookcom 2023-12-18 09:00:00 0 5K
Home
Dunmire is the location of a quest known as A Guide to the Lords of the Fallen Exacter which can be started there
You will be able to successfully complete the Exacter Dunmire questline if you use the...
Di almalki 2023-11-11 09:43:27 0 4K