Global Herbal Tea Market, By 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), Application (Commercial Consumption, Individual Consumption), Distribution Channel (Store-Based, Non-Store-Based), Country (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, U.A.E., Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
The demand for herbal tea is projected to rise in the forecast period from 2021 to 2028 at a rate of 6.0%. Rising demand for functional beverages, which in the forecast period 2021-2028 will likely act as a driver for the herbal tea market.
Herbal tea is extracted from different plants' dried leaves, nuts, barks, seeds, grasses, fruits, flowers, and roots. There are many kinds of herbal teas that are used for medicinal purposes. Due to its health benefits, such as improved digestive and immune systems, herbal tea is eaten. Green tea, peppermint tea, chamomile tea, ginseng tea, ginger tea, cinnamon tea, and others are some popular herbal teas.
Increasing development of innovative flavours, rising levels of disposable income of the people, rising health awareness among the consumers regarding the benefits of the tea, rising number of population across the globe, increasing trends of herbal product among the young population are some of the major as well important factors which will likely to accelerate the growth of the herbal tea market in the projected timeframe of 2021-2028. On the other hand, rising preferences towards the consumption of organic products along with growing number of research and development activities which will further contribute by generating immense opportunities that will led to the growth of the herbal tea market in the above mentioned projected timeframe.
High cost of the product along with exploitations of labour on plantations which will likely to act as market restraints factor for the growth of the herbal tea in the above mentioned projected timeframe. Easy availability of product substitute along with lack of awareness in developing economies which will become the biggest and foremost challenge for the growth of the market.
This herbal tea market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on herbal tea market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Herbal Tea Market Scope and Market Size
Herbal tea market is segmented on the basis of type, function, packaging type, raw material, product type, application, and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the herbal tea market is segmented into cinnamon, dandelion, chamomile, ginger, turmeric, blends, and others.
- Based on function, the herbal tea market is segmented into cognitive health, gut and digestive health, multifunctional, and others.
- Based on the packaging type, the herbal tea market is segmented into loose tea, paper pouches, tea bags, carton packs, and can packaging.
- The herbal tea market is also segmented on the basis of raw material. The raw material is segmented into green tea, black tea, and yellow tea.
- Based on product type, the herbal tea market is segmented into syrups, premixes, powdered ready to drink, and liquid ready to drink.
- On the basis of application, the herbal tea market is segmented into commercial consumption, and individual consumption.
- Based on distribution channel, the herbal tea market is segmented into store-based, and non-store-based. Store-based segment has been further segmented into supermarkets and hypermarkets, convenience stores, and others.
Herbal Tea Market Country Level Analysis
Herbal tea market is analysed and market size, volume information is provided by country, type, function, packaging type, raw material, product type, application, and distribution channel as referenced above.
The countries covered in the herbal tea market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA)
Asia-Pacific dominates the herbal tea market due to the increasing production as well as consumption of the tea in China while the U.S. will expect to grow North America herbal tea market during the forecast period 2021 to 2028 due to the rising demand of the product as it helps in maintaining weight.
The country section of the herbal tea market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Herbal Tea Market Share Analysis
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.
The major players covered in the herbal tea report are Tata Consumer Products; Unilever; Organic India; Hain Celestial; Associated British Foods plc; BARRY'S TEA; Apeejay Surrendra Group; Dilmah Ceylon Tea Company PLC.; Harney & Sons Fine Teas.; adagio teas; Nestlé S.A.; by Mother Parkers Tea & Coffee Inc.; Global Herbitech; Typhoo.; Martin Bauer Group; Buddha’s Herbs.; Green Earth Products Pvt. Ltd.; Alvita Tea.; Bigelow Tea; Bettys & Taylors of Harrogate Ltd.; Celestial Seasonings, Inc.; Numi, Inc. P.B.C.; among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Herbal Tea Market
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