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Tea Production in the US - Industry Market Research Report

Tea Production in the US

Emerging from the shadow of the Coffee Production industry (IBISWorld report 31192a), the Tea Production industry is beginning to come into its own. Bolstered by rising health consciousness and disposable income among consumers, IBISWorld estimates industry revenue will increase over the five years to 2018. A growing emphasis on healthy living is shifting consumer dietary patterns toward healthier beverages such as tea, driving industry growth. Tea manufacturers are marketing the various health benefits of tea consumption, such as its effect on lowering cholesterol. Tea is becoming more popular due to the growing variety of flavors, strengths and sweeteners offered by manufacturers. Differentiated tea offerings have enabled industry players to charge premium prices for unique blends, boosting industry revenue and profit. IBISWorld expects that the Tea Production industry will continue growing over the next five years. The United States' aging population, which embraces tea's antiaging and health attributes, will be a strong source of future demand.

This industry comprises businesses that blend and package tea, excluding iced and ready-to-drink tea.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

  • About this Industry
  • Industry at a Glance
    • Table Key Statistics Snapshot
    • Table Revenue vs. employment growth
    • Table Products and services segmentation (2018)
    • Table Industry Structure
  • Industry Performance
    • Table Per capita tea consumption
    • Table Industry revenue
    • Table Life Cycle Stage
  • Products & Markets
    • Table Products and services segmentation (2018)
    • Table Major market segmentation (2018)
    • Table Industry trade balance
    • Table Exports To
    • Table Business Locations 2018
    • Table Distribution of establishments vs. population
  • Competitive Landscape
    • Table Sector vs. Industry Costs
    • Table Barriers to Entry checklist
    • Table Trade Globalization
  • Major Companies
    • Table Major Players
    • Table Unilever (US industry-specific segment) - financial performance*
    • Table Bigelow Tea Company (US industry-specific segment) - financial performance*
    • Table Starbucks Corporation (US industry-specific segment) - financial performance*
    • Table Hain Celestial Group Inc. (US industry-specific segment) - financial performance*
  • Operating Conditions
    • Table Capital Intensity
    • Table Tools of the Trade: Growth Strategies for Success
    • Table Volatility vs. growth
  • Key Statistics
    • Table Industry Data
    • Table Annual Change
    • Table Key Ratios
    • Table Industry Financial Ratios
  • Jargon & Glossary

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