Food & Beverage

Image

Global Herbal Tea Market - Industry Trends and Forecast to 2030

  • Food & Beverage
  • Upcoming Report
  • Dec 2023
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Herbal Tea Market - Industry Trends and Forecast to 2030

Market Size in USD Billion

CAGR - % Diagram

Diagram Forecast Period 2022–2030
Diagram Market Size (Base Year) USD 3588.13 Million
Diagram Market Size (Forecast Year) USD 4616.42 Million
Diagram CAGR %

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) - Industry Trends and Forecast to 2030.

Herbal Tea 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.

Data Bridge Market Research analyzes that the herbal tea market which was USD 3,588.13 million in 2022, is expected to reach USD 4,616.42 million by 2030, and is expected to undergo a CAGR of 3.20% during the forecast period of 2023 to 2030. “Green tea” dominate the raw material segment of the herbal tea market because green herbal tea is believed to be healthier and more acceptable for young people in the market, which is why market demand for green herbal tea is increasing.

In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015-2020)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

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)

Countries Covered

U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, 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

Market Players Covered

Tata Consumer Product Limited (India), Unilever (U.K.), Associated British Foods plc (U.K.), Vahdam (India), Celestial Seasonings (U.S.), Bombay Burmah Trading Corporation Limited (India), Stash Tea (U.S.), Bigelow Tea (U.S.), Shangri-la Tea (U.S.), Yogi (U.S.), Mighty Leaf Tea (Canada), Numi, Inc. P.B.C (U.S.), ONO TEAS Pvt. Ltd, (India), Dilmah Ceylon Tea Company PLC (Sri Lanka), Apeejay Surrendra Group (India)

Market Opportunities

  • Innovative packaging solution to reduce carbon foot prints
  • The rise in globalisation, and the growing trend of shopping on online platforms
  • Ready-to-drink variants in order to broaden their product portfolio and boost overall sales

Market Definition

Herbal tea is made from dried leaves, nuts, barks, seeds, grasses, fruits, flowers, and roots of various plants. Herbal teas are used for a variety of therapeutic purposes. Herbal tea is consumed for its health benefits, such as improved digestive and immune systems. Popular herbal teas include green tea, peppermint tea, chamomile tea, ginseng tea, ginger tea, cinnamon tea, and others.

Global Herbal Tea Market Dynamics

Drivers

  • Growing adoption of healthy consumables as well as agricultural benefits associated with herbal tea

One of the most important factors driving market growth is the growing consumer preference for safe, chemical-free, and healthy consumables. Furthermore, herbal tea farming is based on ecological processes, biodiversity, and cycles that are tailored to local conditions, which keeps the soil rich and fertile and promotes plant biodiversity. This, along with rising initiatives by governing bodies in a variety of countries to encourage the adoption of sustainable agricultural practises through various incentives and subsidies, is contributing to market growth.

  • Growing demand for herbal tea ingredients in personal care industry as well as expansion of retail market

An increasing working population, rising demand for ready-to-use products, and expanding retail markets are some of the factors expected to drive global market growth during the forecast period. The rising popularity of herbal tea as a natural ingredient in personal care products is expected to drive growth in the herbal tea market. Rising disposable income levels, rising food and beverage expenditure, and rising consumer awareness of healthy lifestyles are also expected to drive herbal tea market growth.

Opportunity

  • Innovative packaging solution to reduce carbon foot prints

To reduce their carbon footprint, several manufacturers are developing tea bags with compostable and biodegradable outer packaging. In order to broaden their product portfolio and increase overall sales, they are also introducing ready-to-drink variants. They are also investing in innovative marketing strategies and celebrity endorsements, which are expected to drive market growth in the coming years.

Restraint/Challenge

  • The high cost of herbal tea in comparison to other tea

The high cost of the product, as well as labour exploitation on plantations, will most likely act as market restraints for the growth of herbal tea in the above-mentioned forecast period. The easy availability of product substitutes, combined with a lack of awareness in developing economies, will be the biggest and most pressing challenge to market growth.

This herbal tea market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized 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 the herbal tea market contact Data Bridge Market Research for an Analyst Brief, our team will help you make an informed market decision to achieve market growth.

Recent Development

  • In April 2022, Unilever purchased Pukka Herbs Ltd., a famous herbal tea firm. This purchase will assist Unilever to extend its offering of organic and natural products
  • In March 2022, Tata Global beverages released a new brand of herbal Teas named “Teavana Wellness Teas” the set a footprint of herbal tea around the global

Global Herbal Tea Market Scope

The herbal tea market is segmented on the basis of type, function, packaging type, raw material, product type, distribution channel, and application. 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
  • Can Packaging

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

Global Herbal Tea Market Regional Analysis/Insights

The herbal tea market is analyzed and market size insights and trends are provided by  country, type, function, packaging type, raw material, product type, distribution channel, and application referenced above.

The countries covered in the herbal tea market report are 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, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, rest of Middle East and Africa.

The Asia-Pacific herbal tea market is expected to dominate the market due to the growing production and sales of tea in the region's countries China, Japan, and India, due to the products' anti-aging and detoxifying properties, as well as rising tea consumption among people of all ages and genders is expected to drive market growth in Asia Pacific. China is expected to dominate and show the fastest growth in the Asia-Pacific region due to an increase in the number of tea retail outlets.

The country section of the report also provides individual market-impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points like downstream and upstream value chain analysis, technical trends, and Porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the 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

The herbal tea market competitive landscape provides details by competitors. 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 the herbal tea market.

Some of the major players operating in the herbal tea market are:

  • Tata Consumer Product Limited (India)
  • Unilever (U.K.)
  • Associated British Foods plc (U.K.)
  • Vahdam (India)
  • Celestial Seasonings, (U.S.)
  • Bombay Burmah Trading Corporation Limited (India)
  • Stash Tea (U.S.)
  • Bigelow Tea (U.S.)
  • Shangri-la Tea (U.S.)
  • Yogi (U.S.)
  • Republic of Tea (U.S.)
  • Mighty Leaf Tea (Canada)
  • Numi, Inc. P.B.C (U.S.)
  • ONO TEAS Pvt. Ltd, (India)
  • Dilmah Ceylon Tea Company PLC (Sri Lanka)
  • Apeejay Surrendra Group (India)


SKU-

Please fill in the below form for detailed Table of Content

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Table

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Figure

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for Infographics

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Please fill in the below form for Research Methodology

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Customization Available:

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

Please fill in the below form for Available Customization

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

FREQUENTLY ASK QUESTIONS

The Herbal Tea Market growth rate is USD 4,616.42 million in the forecast period by 2030.
The Herbal Tea Market growth rate is 3.20% during the forecast period.
Growing demand for herbal tea ingredients in personal care industry as well as expansion of retail market & Growing adoption of healthy consumables as well as agricultural benefits associated with herbal tea are the growth drivers of the Herbal Tea Market.
The type, function, packaging type, raw material, product type, distribution channel, and application are the factors on which the Herbal Tea Market research is based.
Major companies in the Herbal Tea Market are Tata Consumer Product Limited (India), Unilever (U.K.), Associated British Foods plc (U.K.), Vahdam (India), Celestial Seasonings (U.S.), Bombay Burmah Trading Corporation Limited (India), Stash Tea (U.S.), Bigelow Tea (U.S.), Shangri-la Tea (U.S.), Yogi (U.S.), Mighty Leaf Tea (Canada), Numi, Inc. P.B.C (U.S.), ONO TEAS Pvt. Ltd, (India), Dilmah Ceylon Tea Company PLC (Sri Lanka), Apeejay Surrendra Group (India).
Free Sample Report

CHOOSE LICENCE TYPE

  • 7000.00
  • 4800.00
  • 3000.00
  • 8000.00
  • 12000.00

Why Choose Us

Industry Coverage

DBMR works across the globe in multiple industries which equip us with knowledge across verticals and provide our clients with insights not only from their industry but how other industries will impact their ecosystem.

Regional Coverage

Coverage of Data Bridge is not restricted to developed or emerging economies. We work across the globe covering the largest array of countries where no other market research or business consulting firm has ever conducted research; creating growth opportunities for our clients in areas which are still unknown.

Technology Coverage

In today’s world, technology drives the market sentiment, so our vision is to provide our clients insights not only for developed technologies but upcoming and disrupting technological changes throughout the product lifecycle by enabling them with unforeseen opportunities in the market which will create disruption in their industry. This leads to innovation and our clients to come out as winners.

Goal Oriented Solutions

DBMR goal is to help our clients achieve their goals through our solutions; hence we formatively create the most appropriate solutions for our client needs, saving time and efforts for them to drive their grand strategies.

Unparallel Analyst Support

Our analysts take pride in our clients’ success. Unlike others, we believe in working along our clients to achieve their goals with 24 hours analyst support determining the correct needs and inspire innovation through service.

Banner

Client Testimonials