Global Herbal Tea Market report also includes an analysis of the key drivers or drivers responsible for the growth of the Herbal Tea market. Additionally, the report provides several important reasons that could hamper the growth of the market during the forecast period. Therefore, the study provides an estimate of market growth based on various segmentations and calculations made from historical and current data. In doing this, the research reports can help consumers carry out strategic growth initiatives in the Herbal Tea Market.
The global herbal tea market was worth USD 3289.67 million in 2022 and is anticipated to accumulate a valuation of USD 4877.90 million by 2033, registering a CAGR of 4.89% over 2023-2033.
Herbal is referred to as a type of beverage prepared by infusing various herbs, spices, and plant materials like barks in warm water. Mostly, herbal tea does not contain leaves of actual tea plants and is predominantly consumed due to its wide array of health benefits. Herbal tea is also known to reduce stress level, in individuals. The most common type of herbal tea includes peppermint tea, chamomile tea, red rooibos tea, hibiscus tea, and ginger tea, among others. The increasing health consciousness of the masses, escalating demand for functional beverages, and growing pervasiveness of gastrointestinal disorders are primarily augmenting the industry outlook.
A newly released intelligence report 2023 provides a wealth of insights on the growth outlook of the Global Herbal Tea Market. It offers short-term and long-term growth projections of the market, banking on in-depth analysis of the various growth factors that are shaping up the market performance and would continue to do so. The report focuses on both direct and indirect, and positive and negative factors to provide a fact-based assessment.
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Global herbal tea market- Segmental Analysis
By raw material
Green tea
Black tea
Yellow
By Flavor Type
Chamomile
Peppermint
Lemongrass
Ginger
Hibiscus
Fruits
By Function
Cognitive Health
Gut and Digestive Health
Multifunctional
Others
By Product Type
Instant Premixes
Liquid
Powdered RTD and syrups
By Packaging
Loose Tea
Paper Pouches
Tea Bags
Plastic Containers
Aluminum Tins
By Distribution Channel
Supermarkets/Hypermarkets
Specialty Stores
Convenience Stores
Online Retails
Others
Global Herbal Tea Market: Key Companies
Mountain Rose Herbs
Tega Organic Teas
Terra teas, Arbor teas
Tetley
Indigo herbs
The Indian Chai
Twinings
Organic India
Tata Consumer Distribution Channel
Hain Celestial
Associated British Foods plc
BARRY’S TEA
Harney & Sons Fine Teas
Nestlé S.A.
Mother Parkers Tea & Coffee Inc.
Martin Bauer Group
Unilever PLC
Bigelow Teaamong
Tielka
Others
Global Herbal Tea Market: Regional Scope
North America
U.S.
Canada
Mexico
Europe
U.K.
Germany
France
Italy
Spain
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Australia
Rest of Asia Pacific
South America
Brazil
Argentina
Rest of South America
Middle East and Africa
Saudi Arabia
UAE
Egypt
South Africa
Rest of Middle East and Africa
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Key Benefits for Industry Participants & Stakeholders
- Competitive landscape & strategies of key players
- Historical, current, and projected market size, in terms of value
- In-depth analysis of the Herbal Tea Market
- Potential & niche segments and regions exhibiting promising growth covered
- Industry drivers, restraints, and opportunities covered in the study
- Neutral perspective on the market performance
- Recent industry trends and developments
How you may use our products:
- Consumer Insights
- Understanding Competition Scenario
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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