Global Tea Concentrate Market Size study, By Nature (Organic, Conventional), By Product Type (Black Tea, Green Tea, Fruit Tea, Instant tea), By End use (Food Service (HoReCa), Household), By Packaging (Bulk Packaging, Retail Packaging),), By Flavor (Regular, Masala & Ginger, Fruits & Lemon, Vanilla & others), By Distribution Channel (Business to Business, Business to Consumer) and Regional Forecasts 2020-2027

  • Product Code:
    RP-ID-10336481
  • Published Date:
    21 Oct 2022
  • Region:
    Global
  • Pages:
    201
  • Category:
    FMCG & Food
  • Publisher:
    Pub-ID-14

Impact Analysis on the Growth of Market

Inflation and Looming Recession to Haunt Businesses:

In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.

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The Research Report is Updated with 2022 Base Year, 2023 Estimated year and Forecast till 2035 with Market Insights.


With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2022 as base year, 2023 as estimated year and forecast to 2035. This will have market drivers, recovery rate in the market, insights and competitive analysis.



Market Overview:

Translate Report

Global Tea Concentrate Market is valued approximately USD 17.4 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 4.47 % over the forecast period 2020-2027. Tea concentrate is an aromatic drink which is prepared by pouring hot or boiling water over the cured Camellia sinensis leaves. Tea contains bioactive compounds such as amino acids, proteins, flavonoids, caffeine and xanthines. Tea has a cooling, slightly bitter and astringent flavor coupled with beneficial properties essential to health. The global tea concentrate market is driven by increasing awareness of the side effects of synthetic flavors, growing clean label trends around the world, increasing demand for herbal dietary supplements, growing demand for fortified and innovative drinks, and rising per capita expenditure on processed food. The growth in tea consumption acts as a key driver of the Tea Concentrate market 's growth. For Instance: According to Statista, Global tea consumption amounted to approximately 266 billion liters in 2017, which rises to 273 billion liters in 2018.However, availability of cost-effective substitutes, limited availability of raw materials, unstable prices of raw materials restrain market growth.

The regional analysis of global Tea Concentrate Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the increasing awareness of the side effects of synthetic flavors, growing clean label trends. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as increasing demand for herbal dietary supplements, growing demand for fortified and innovative drinks, and rising per capita expenditure on processed food would create lucrative growth prospects for the Tea Concentrate Market across Asia-Pacific region.

Major market player included in this report are:
PepsiCo, Inc.
Tata Global Beverages Ltd.
Maya Tea Company
H&H Products Company
Cooper Tea Company LLC
MB-Holding GmbH & co. KG
Monin Inc.
Synergy Flavor, Inc.
Amelia Bay
Herbalife International of America, Inc
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Nature:
Organic
Conventional
By Product Type:
Black Tea
Green Tea
Fruit Tea
Instant tea
By End use:
Food Service (HoReCa)
Household
By Packaging:
Bulk Packaging
Retail Packaging
By Flavor:
Regular
Masala & Ginger
Fruits & Lemon
Vanilla & others
By Distribution Channel:
Business to Business
Business to Consumer
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Tea Concentrate Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors


Geography Analysis:


The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

  • North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook

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PepsiCo, Inc.
Tata Global Beverages Ltd.
Maya Tea Company
H&H Products Company
Cooper Tea Company LLC
MB-Holding GmbH & co. KG
Monin Inc.
Synergy Flavor, Inc.
Amelia Bay
Herbalife International of America, Inc

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*
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I am willing to know the scope of research
I have customized query over this report

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