The global organic tea market size is expected to reach USD 1.12 billion by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 16.2% from 2020 to 2027. The rising importance of a healthy lifestyle among the consumers in light of increased awareness regarding wellness nutrition through social media and satellite television channels is expected to expand the market scope. Furthermore, growing concerns related to adverse effects associated with synthetic ingredients in packaged food and beverages are expected to compel the buyers to increase spending on consuming organic tea as a key alternative to conventional drinks.
Product
launches have been playing a crucial role in shaping the industry dynamics. For
instance, in October 2019, Celestial Seasonings launched TeaWell, a product
line that includes organic wellness tea, which provides a vigorous combination
of health benefits, along with pleasant flavors. The line offers a large number
of flavors formed using a blend of herbs and botanicals that improve the shape
of both mind and body. These products contain “Daily Wellness Core”, which is a
combination of four essential ingredients, including panax ginseng, dandelion
root, elderberry, and green rooibos.
It
is claimed that panax ginseng improves mental vitality, dandelion root enhances
digestion, elderberry boosts immunity, and green rooibos acts as antioxidants.
Some of the popular products being offered under the product line are Organic
Green Tea with Grapefruit, Organic Moringa Lemon Ginger, and Organic Hibiscus
with Lime. These products are available for USD 4.99.
For more info visit here: https://www.grandviewresearch.com/industry-analysis/organic-tea-market
Organic Tea Market
Report Highlights
- The herbal
product segment is expected to witness the fastest growth during forecast
years with a CAGR of 17.1% from 2020 to 2027. The rising importance of
herbal tea as a daily drink for maintaining a healthy lifestyle is
expected to have a positive impact on the segment growth over the next few
years
- Based on
taste, the flavored segment accounted for the largest share of more than
80.0% in 2019. This is attributed to the increased preference for these
products due to the easy access of such products to the consumers through
offline as well as online channels
- By form, the
leaf and powder segment accounted for the largest share of more than 45.0%
in 2019. The growth of the segment is attributed to the first-mover
advantage associated with leaf as well as powder forms
- Asia Pacific
dominated the market with more than 35.0% share in 2019. Extensive
customer base in countries, including China, India, Japan, Thailand, and
Vietnam, is expected to fuel the regional market growth in the near
future.
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Organic Tea Market
Segmentation
Grand View Research has
segmented the global organic tea market on the basis of product, taste, form,
distribution channel, and region:
Organic Tea
Product Outlook (Revenue, USD Thousand, 2016 - 2027)
- Camelia Sinesis-Based
- White
- Black
- Green
- Oolong
- Others
- Herbal
Organic Tea Taste
Outlook (Revenue, USD Thousand, 2016 - 2027)
- Flavored
- Plain
Organic Tea Form
Outlook (Revenue, USD Thousand, 2016 - 2027)
- Tea Bag
- Leaf & Powder
- Liquid
Organic Tea
Distribution Channel Outlook (Revenue, USD Thousand, 2016 - 2027)
- Hypermarkets & Supermarkets
- Convenience Stores
- Online Stores & D2C
- Others
Organic
Tea Regional Outlook (Revenue, USD Thousand, 2016 - 2027)
- North America
- The U.S.
- Europe
- The U.K.
- Germany
- Asia Pacific
- China
- Japan
- India
- Indonesia
- Central & South America
- Brazil
- Middle East & Africa
- South Africa
List of Key
Players of Organic Tea Market
- Compass Tea Company
- Davidson's Organics
- Little Red Cup Tea Co.
- Numi, Inc.
- Pepsico
- The Coca-Cola Company
- The Hain Celestial Group, Inc.
- Tielka
- Unilever
- Wessanen
About Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
For more info visit @ https://www.grandviewresearch.com
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