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Global Instant Tea Premix Market – Industry Trends and Forecast to 2031

Food & Beverage

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Global Instant Tea Premix Market – Industry Trends and Forecast to 2031

  • Food & Beverage
  • Upcoming Report
  • May 2024
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Instant Tea Premix Market – Industry Trends and Forecast to 2031

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period 2023–2031
Diagram Market Size (Base Year) USD 104.77 USD Billion
Diagram Market Size (Forecast Year) USD 177.34 USD Billion
Diagram CAGR %

Major Markets Players

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Global Instant Tea Premix Market, By Product (Cardamom Tea Premix, Ginger Tea Premix, Masala Tea Premix, Lemon Tea Premix, Plain Tea Premix, and Lemon Grass Tea Premix), Application (Residential and Commercial), Form (Powder, Paste, and Granules), Nature (Organic Tea Premixes and Conventional Tea Premixes), Type (No Sugar Tea Premixes and With Sugar Tea Premixes), Sales Channel (Hypermarket/Supermarket, Convenience Store, Drug Stores, Specialty Stores, Traditional Grocery Store, and Online Stores) – Industry Trends and Forecast to 2031.

Instant Tea Premix Market

Instant Tea Premix Market Analysis and Size

The global instant tea premix market is experiencing steady growth, driven by the increasing demand for convenient and ready-to-drink beverages. Factors such as busy lifestyles, rising disposable incomes, and a growing preference for on-the-go consumption are fueling the market's expansion. In addition, the growing favoritism for tea as a healthful beverage option is propelling the market for instant tea premixes. These products provide a convenient and rapid means to savor tea without the necessity of brewing. The market is characterized by a wide range of product offerings, including various flavors, formulations (such as lemon tea, masala tea, and green tea), and packaging sizes to cater to diverse consumer preferences.  

The global instant tea premix market size was valued at USD 104.77 billion in 2023 and is projected to reach USD 177.34 billion by 2031, with a CAGR of 6.80% during the forecast period of 2024 to 2031. 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

2024 to 2031

Base Year

2023

Historic Years

2022 (Customizable to 2016 - 2021)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Product (Cardamom Tea Premix, Ginger Tea Premix, Masala Tea Premix, Lemon Tea Premix, Plain Tea Premix, and Lemon Grass Tea Premix), Application (Residential and Commercial), Form (Powder, Paste, and Granules), Nature (Organic Tea Premixes and Conventional Tea Premixes), Type (No Sugar Tea Premixes and With Sugar Tea Premixes), Sales Channel (Hypermarket/Supermarket, Convenience Store, Drug Stores, Specialty Stores, Traditional Grocery Store, and Online Stores)

Countries Covered

U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina, and Rest of South America

Market Players Covered

The Coffee Bean & Tea Leaf (U.S), Unilever (U.K), Gourmesso (U.S), Harney & Sons Fine Teas (U.S), Dualit (U.K), Nestlé SA  (Switzerland), Dilmah Ceylon Tea Company PLC (SriLanka) Ippodo Tea Co. Ltd. (China), Tranquini (U.S), Chillbev (U.S), Phi Drinks, Inc.(U.S), BevNet (U.S), ITO EN LTD. (Japan), The Republic of Tea (U.S), Tata Consumer Products Limited (India), Dunkin Brands Inc. (U.S), Wagh Bakri Tea Group (India), Keurig Green Mountain, Inc. (U.S), SUNTORY BEVERAGE & FOOD LIMITED (Japan), Starbucks Coffee Company (U.S)

Market Opportunities

  • Rising Health Consciousness   
  • Product Innovation and Flavor Varieties 

Market Definition

Instant Tea Premix Market Dynamics

Drivers

  • Convenience and Time-Saving Benefits

Consumers are increasingly drawn to products that offer quick and easy solutions to their daily needs in today's fast-paced world, where time is of the essence. Instant tea premixes offer a convenient way to enjoy a cup of tea without the need to brew or steep tea leaves. With just the simple addition of hot water, consumers can enjoy a freshly brewed cup of tea in a matter of seconds, making it an ideal choice for those with busy lifestyles or limited time for tea preparation, driving the market growth.          

  • Growing Preference for Ready-to-Drink    

Ready-to-drink beverages offer consumers the convenience of enjoying their favorite beverages without the need for any preparation. Instant tea premixes, with their quick and easy preparation process, are well-suited to this trend, making them a favored choice among consumers seeking convenient beverage options. In addition, the availability of a wide range of flavors and varieties of instant tea premixes further contributes to their popularity among consumers seeking variety and convenience in their beverage choices. The global trend towards ready-to-drink beverages is a significant driver for the market.

Opportunities

  • Rising Health Consciousness     

 As people become more aware of the importance of a healthy lifestyle, there is a growing demand for beverages that offer health benefits. Instant tea premix, especially those enriched with antioxidants and natural ingredients, are perceived as healthier alternatives to carbonated drinks and sugary beverages. These products attract health-conscious consumers looking for nutritious and refreshing beverage options that match their dietary preferences and wellness objectives. The perception of instant tea premixes as a healthier choice is driving their popularity and creating new opportunities for market growth.   

  • Product Innovation and Flavor Varieties 

The market is characterized by a high level of product innovation and a wide variety of flavors. Manufacturers are constantly introducing new and exciting flavors of instant tea premixes to cater to diverse consumer preferences and offer unique taste experiences. The availability of a wide range of flavors, including traditional favorites and exotic blends, allows consumers to choose products that suit their taste preferences and cravings. In addition, innovative packaging designs and convenient serving sizes further enhance the appeal of instant tea premixes, making them an attractive choice for consumers seeking convenience, variety, and flavor in their beverage options, creating market opportunities.

Restraints/Challenges

  • Competition from Alternative Beverages 

The market faces intense competition from a wide range of alternative beverages, including coffee, soft drinks, and energy drinks. These beverages offer diverse flavors, caffeine content, and functional benefits, appealing to different consumer preferences and occasions. The availability of these alternative beverages in various formats and sizes poses a challenge for the instant tea premix market, as consumers have a plethora of options to choose from.        

  • Price Sensitivity Among Consumers   

Instant tea premixes are often priced higher than traditional tea bags, which can limit their adoption, especially among price-conscious consumers. Although instant tea premixes provide convenience and a range of flavors, their relatively higher cost could dissuade certain consumers from making regular purchases. To address this challenge, manufacturers need to consider pricing strategies that balance affordability with perceived value, ensuring that instant tea premixes remain an attractive and accessible option for consumers across different market segments.Top of Form

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

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Developments

  • In November 2023, Coca Cola India introduced 'Honest Tea' as its inaugural tea beverage into the ready-to-drink market. The 'Honest' brand is a division of the Coca Cola Company. The organic green tea used in the product will be sourced from the Makaibari Tea Estate, owned by Luxmi Tea Co Private Ltd, a company based in West Bengal, India. The launch is intended to offer customers more beverage choices, with mango and lemon tulsi flavors being available           
  • In December 2021, Nestlé India announced the launch of its new product line in the instant tea premixes category called EVERYDAY Chai Life in India. The new range includes instant tea premixes in various flavors such as saffron & cardamom, ginger, desi masala, and lemongrass, aiming to provide consumers with a premium and immersive experience. The company also stated that its new instant tea premix products would be available in convenient instant tea premix sachets and sachet-in-a-cup formats, making them easy to carry

Instant Tea Premix Market Scope

The market is segmented on the basis of product, application, form, nature, type, and sales channel. 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.

Product

  • Cardamom Tea Premix
  • Ginger Tea Premix
  • Masala Tea Premix
  • Lemon Tea Premix
  • Plain Tea Premix
  • Lemon Grass Tea Premix

Form

  • Powder
  • Paste
  • Granules

Type

  • No Sugar Tea Premixes
  • With Sugar Tea Premixes

Nature

  • Organic tea premixes
  • Conventional tea premixes

Application

  • Residential
  • Commercial

Sales channel

  • Hypermarket/Supermarket
  • Convenience Store
  • Drug Stores
  • Specialty Stores
  • Traditional Grocery Store
  • Online Stores

Instant Tea Premix Market Regional Analysis/Insights

The market is analyzed and market size insights and trends are provided by country, product, application, form, nature, type, and sales channel as referenced above.

The countries covered in the market are U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina, and Rest of South America.

Asia-Pacific is expected to dominate the market due to the increasing production and sales of tea in countries such as China, Japan, and India, driven by the products' perceived anti-aging and detoxifying properties. Additionally, the rising consumption of tea across all age groups and genders is expected to boost regional market expansion further. Another factor contributing to market growth is the growing number of tea retail outlets.             

North America is expected to show significant growth in the market due to the rising demand and consumption of green tea. Moreover, the region's higher per capita tea consumption is anticipated to be a key driver of market growth in North America.       

The country section of the report also provides individual market-impacting factors and changes in market regulation that affect the current and future trends of the market. Data points like downstream and upstream value chain analysis, technical trends, Porter's five forces analysis, and case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of regional 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 Instant Tea Premix Market Share Analysis

The market competitive landscape provides details of competitors. Details included are company overview, company financials, revenue generated, market potential, investment in R&D, new market initiatives, regional presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus on the market.

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

  • The Coffee Bean & Tea Leaf (U.S)
  • Unilever (U.K)
  • Gourmesso (U.S)
  • Harney & Sons Fine Teas (U.S)
  • Dualit (U.K)
  • Nestlé SA  (Switzerland)
  • Dilmah Ceylon Tea Company PLC (Sri Lanka)
  • Ippodo Tea Co. Ltd. (China)
  • Tranquini (U.S)
  • Chillbev (U.S)
  • Phi Drinks, Inc.(U.S)
  • BevNet (U.S)
  • ITO EN LTD. (Japan)
  • The Republic of Tea (U.S)
  • Tata Consumer Products Limited (India)
  • Dunkin Brands Inc. (U.S)
  • Wagh Bakri Tea Group (India)
  • Keurig Green Mountain, Inc. (U.S)
  • SUNTORY BEVERAGE & FOOD LIMITED (Japan)
  • Starbucks Coffee Company (U.S)


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FREQUENTLY ASK QUESTIONS

The Instant Tea Premix Market size will be worth USD 177.34 billion by 2031.
The Instant Tea Premix Market growth rate will be 6.80% by 2031.
Convenience and Time-Saving Benefits and Growing Preference for Ready-to-Drink are the growth drivers of the Instant Tea Premix Market.
The product, application, form, nature, type, and sales channel are the factors on which the Instant Tea Premix Market research is based.
The major companies in the Instant Tea Premix Market are Coffee Bean & Tea Leaf (U.S), Unilever (U.K), Gourmesso (U.S), Harney & Sons Fine Teas (U.S), Dualit (U.K), Nestlé SA (Switzerland), Dilmah Ceylon Tea Company PLC (SriLanka) Ippodo Tea Co. Ltd. (China), Tranquini (U.S), Chillbev (U.S), Phi Drinks, Inc.(U.S), BevNet (U.S), ITO EN LTD. (Japan), The Republic of Tea (U.S), Tata Consumer Products Limited (India), Dunkin Brands Inc. (U.S), Wagh Bakri Tea Group (India), Keurig Green Mountain, Inc. (U.S), SUNTORY BEVERAGE & FOOD LIMITED (Japan), Starbucks Coffee Company (U.S).
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