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[PDF] Herbal Tea Market: Emerging Business Opportunities – Coherent Market Insights

This report calculates the Herbal Tea Market size, future trends, demand, revenue, price, growth, market drivers, opportunities and challenges, sales channels and distributors, and forecast (2021-2027). The competition in the global Herbal Tea industry is analyzed, taking into consideration price, revenue, sales, and market share by company, market concentration rate, competitive situations and trends, expansion, merger and acquisition, and market shares of top companies.

(Our SAMPLE COPY of the report gives a brief introduction of the Herbal Tea market, Detailed TOC, key players of the market, list of tables and figures, and comprising key countries & regions.)

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Some of the Key Competitors or Companies Included In the Study Are Tata Global Beverages Limited, Martine Bauer Group, Unilever PLC, Twining Crosfield and Company Ltd., ITO EN Inc., Dilmah Ceylon Tea Company PLC, Mother Parkers Tea & Coffee Inc., and Surya Herbal Ltd.

What Is Herbal Tea Market?

Herbal tea is derived from dried leaves, nuts, barks, seeds, grasses, fruits, flowers, and roots of various plants. There are several kind of tisanes or herbal teas that are used for medicinal purposes. Herbal tea is consumed owing to its health benefits such as improved digestive and immune systems. Some of the popular herbal teas are green tea, peppermint tea, chamomile tea, ginseng tea, ginger tea, cinnamon tea, and others. Increasing awareness related to health benefits of consumption of herbal tea includes slowing aging process and reducing obesity. This is because herbal tea is claimed to have anti-aging properties and ingredients that aid in reducing weight. These are some of the key factors driving growth of the global herbal tea market. Increasing prevalence of obesity is another factor expected to propel demand for green tea.

Herbal Tea Market Taxonomy

Based on product type, herbal tea market is segmented into:

  • Green Tea
  • Yellow Tea

Based on flavor, herbal tea market is segmented into:

  • Ginger
  • Lemongrass
  • Peppermint
  • Chamomile
  • Ginseng
  • Cinnamon
  • Others

Based on distribution channel, herbal tea market is segmented into:

  • Convenience stores
  • Hypermarket
  • Supermarket
  • Online stores
  • Others

Herbal Tea Market Outlook

  • Asia Pacific is the largest herbal tea market and expected to witness substantial growth over the forecast period. This attributed to high consumption of tea in countries such as China, India, and Japan. Moreover, increasing awareness of health benefits of consumption of herbal tea such as regulation of blood sugar and growing tea industry are factors expected to propel growth of the herbal tea market in Asia Pacific. For instance, according to Tea Board of India, production of green tea in India was 1.19 billion kg in 2014–2015 which increased by 3% to 1.23 billion kg in 2015–2016. 

Key Developments:

  • Twining Crosfield and Company Ltd. launched Berry Fusion, Lemon Delight, and Buttermint herbal tea in November 2017.

 

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Frequently Asked Questions (FAQ) :

1) What Are The Major Factors Driving The Market Growth?

✍︎ Increasing application of industrial microbiology in healthcare and end-use industries and increasing adoption of inorganic growth strategies by key players are expected to drive the market growth over the forecast period.

2) Which is the leading product type segment in the Market?

✍︎ Reaction consumables are the leading product type segment in the Market.

3) What are the key factors hampering the growth of the market?

✍︎ High risk of contamination is the major factor restraining the growth of the Market

4) Which are the major players operating in the market?

✍︎ Major players operating in the market include Tata Global Beverages Limited, Martine Bauer Group, Unilever PLC, Twining Crosfield and Company Ltd., ITO EN Inc., Dilmah Ceylon Tea Company PLC, Mother Parkers Tea & Coffee Inc., and Surya Herbal Ltd.

5) How Many Clients You Served?

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Key Benefits

✍︎  Major countries in each region are mapped according to individual market revenue.
✍︎  Comprehensive analysis of factors that drive and restrict the market growth is provided.
✍︎  The report includes an in-depth analysis of current research and clinical developments within the market.
✍︎  Key players and their key developments in recent years are listed.

And More…

About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunities.

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