Tea Market Is Expected To Reach US$ 37.3 Bn By 2025: Health Awareness Among People To Fuel The Market Growth - Credence Research

The latest market report published by Credence Research, Inc. “Tea Market - Growth, Future Prospects and Competitive Analysis, 2017 - 2025,” the global tea market was valued at US$ 24.3 Bn in 2016, and is expected to each US$ 37.3 Bn by 2025, expanding at a CAGR of 5% from 2017 to 2025.

Browse the full Tea Market - Growth, Future Prospects and Competitive Analysis, 2017 – 2025 report at http://www.credenceresearch.com/report/tea-market

Market Insights

The global tea market has witnessed a significant rise in strategic mergers and collaborations among tea vendors. Such growth strategies are focused at augmenting their service portfolio. Large scale tea companies in countries such as Asia Pacific, North America, and Europe are increasingly indulging in tea manufacturing due to availability of resources, desire to reduce costs and growing need to focus on core competencies. With further expansion and consolidation activities taking place in the industry, steady growth of the global tea market is anticipated to continue through the forecast.

Along with the quantitative information sets, this report also provides qualitative information such as market dynamics and executive summary for the global tea market. Tools such as competition assessment and attractive investment proposition are also included in the report to provide the readers with competitive mapping assistance. This study concludes with company profiles section. This section includes major information about the key companies engaged in manufacturing of tea. The major companies profiled in this report include Wissotzky Tea Inc., Unilever Ltd., Akbar Brothers Ltd., Twinings of London Ltd., Tata Global beverages Ltd., Associated British Foods plc, Nestle S.A., Da Yi Tea Grp, Barry’s Tea, McLead Russel Ltd., Harney and Sons Ltd., and Teavana Ltd.   

Chapter 1. Preface
1.1. Report Scope and Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key offerings
1.2. Report Scope
1.3. Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
1.3.4 Assumptions

Chapter 2. Executive Summary
2.1. Global Tea Market Portraiture
2.1.1. Global Tea Market, by Products, 2016
2.1.2. Global Tea Market, by Geography 2016 ...

Chapter 6. Company Profiles
6.1. Akbar Brothers Ltd.
6.1.1. Business Description
6.1.2. Financial Information (Subject to data availability)
6.1.3. Product Portfolio
6.1.4. Key Developments
6.2. Associated British Foods plc. 
6.3. Barry’s Tea
6.4. Da Yi Tea Grp.
6.5. Harney and Sons Ltd.
6.6. McLead Russel Ltd. ...

Download sample research report @ http://www.credenceresearch.com/sample-request/58450

Based on the product type, the global tea market is segmented as follows:

• Leaf Tea  
  • Green Tea
  • Black Tea
  • Oolong Tea
• CTC Tea (Crush, Tear, Curl)
• Others (Herbal tea, Flavored tea, Others)

Changing lifestyle provide an opportunity to the tea industry as the growing middle class and urbanized population of many emerging and developing markets influence the consumption of tea. The black tea segment is expected to contribute relatively high revenue over the forecast period. Green tea segment is also expected to witness favorable revenue growth in the global tea market. The major factors that drive the global market for green tea include growing consumer awareness for healthy and safe products and the growing number of people suffering from obesity, cancer digestive disorders. It is estimated that by 2020 the overweight population will increase to 60 million, which will drive the demand for green tea in future. Among all major markets for type, black tea and green tea segments are expected to witness significant growth rates over the forecast period.

For the purpose of this study, the global tea market is categorized into:

• North America
• Europe
• Asia Pacific
• Latin America (LATAM)
• Middle East and Africa (MEA)

At present, Asia Pacific and North America are the largest regional markets for tea manufacturing. These regions are domicile for several large, mid and small sized (niche) tea manufacturers that offer a wide range of products. Tea market is also rapidly picking up pace in North America and Europe when compared with other regions. Urge for cost containment and focus on core competencies, along with growing need for skilled workforce are the key market derivers in these regions.

Request for customization research report @ http://www.credenceresearch.com/request-for-customization/58450