Tea powder is an aromatic beverage made by pouring boiling or hot water over cured Camellia sinensis leaves. Amino acids, proteins, caffeine, and flavonoids are among the bioactive compounds found in tea. Tea has a refreshing, slightly bitter, and astringent taste, as well as essential health benefits.
MARKET DYNAMICS
The growth of the tea powder market has been aided by increased health awareness and disposable income. Other factors driving the market's growth include introducing additional safe ingredients in tea by various market players. The main restraints for this market are an increase in the pattern of coffee consumption and fluctuating raw material prices caused by volatile climatic conditions. On the contrary, the tea powder market is expected to rise as demand for herbal tea increases and new flavors and varieties of tea are introduced.
MARKET SCOPE
The "Global Tea Powder Market Analysis to 2028" is a specialized and in-depth study of the food and beverage industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the tea powder market with detailed market segmentation by product type, category and distribution channel. The global tea powder market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading tea powder market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global tea powder market is segmented into product type, category and distribution channel. By product type, the tea powder market is classified into Green tea, black tea, oolong tea, fruit/herbal tea and others. By category, the tea powder market is classified into organic and conventional. By distribution channel, the tea powder market is classified into supermarkets and hypermarkets, convenience stores, online retail, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global tea powder market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 concerning five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The tea powder market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the tea powder market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely, North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the tea powder market in these regions.
MARKET PLAYERS
The report covers vital developments in the tea powder market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the tea powder market are anticipated to lucrative growth opportunities in the future with the rising demand for tea powder in the global market. Below mentioned is the list of few companies engaged in the tea powder market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the tea powder market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
- Associated British Foods Plc.,
- Barry's Tea Limited,
- Hain Celestial Group, Inc,
- ITO EN, Ltd.,
- Mcleod Russel India Limited,
- Nestle S.A., TaeTea,
- Tata Global Beverages,
- The Republic of Tea, Inc.,
- Unilever Group.
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.