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Global Functional Tea Market 2023-2027

Publisher TechNavio
Published May 30, 2023
Length 165 Pages
SKU # INF18027655

Description

Global Functional Tea Market 2023-2027


The functional tea market is forecasted to grow by USD 3348.54 mn during 2022-2027, accelerating at a CAGR of 6.4% during the forecast period. The report on the functional tea market provides a holistic analysis, market size, and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the health benefits of functional tea, growing demand for organic functional tea, and new product launches.

Technavio's functional tea market is segmented as below:

By Distribution Channel
  • Offline
  • Online
By Type
  • Herbal tea
  • Fruit tea
  • Flower tea
  • Others
By Geographical Landscape
  • North America
  • APAC
  • Europe
  • South America
  • Middle East and Africa
This study identifies the premiumization of functional tea products as one of the prime reasons driving the functional tea market growth during the next few years. Also, growing preference for online shopping and expansion of organized retailing will lead to sizable demand in the market.

The report on the functional tea market covers the following areas:
  • Functional tea market sizing
  • Functional tea market forecast
  • Functional tea market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading functional tea market vendors that include Arteasans Beverages LLC, Associated British Foods Plc, Barrys Tea, ekaterra, Godrej and Boyce Manufacturing Co. Ltd., Harney and Sons Fine Teas, Herbaty Szlachetne Sp. z o. o, MJF Exports Pvt. Ltd., Numi Inc., ORGANIC INDIA Pvt. Ltd., PHARMADUS BOTANICALS S.L, Tata Sons Pvt. Ltd., The Hain Celestial Group Inc., The Organic Merchants, The Republic of Tea Inc., and Tiesta Tea Co.. Also, the functional tea market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Table of Contents

165 Pages
    • Market overview
    • Market ecosystem
    • Market definition
    • Market segment analysis
    • Market size 2022
    • Market outlook: Forecast for 2022-2027
    • Global functional tea market 2017 - 2021
    • Distribution Channel Segment Analysis 2017 - 2021
    • Type Segment Analysis 2017 - 2021
    • Geography Segment Analysis 2017 - 2021
    • Country Segment Analysis 2017 - 2021
    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition
    • Market segments
    • Comparison by Distribution Channel
    • Offline - Market size and forecast 2022-2027
    • Online - Market size and forecast 2022-2027
    • Market opportunity by Distribution Channel
    • Market segments
    • Comparison by Type
    • Herbal tea - Market size and forecast 2022-2027
    • Fruit tea - Market size and forecast 2022-2027
    • Flower tea - Market size and forecast 2022-2027
    • Others - Market size and forecast 2022-2027
    • Market opportunity by Type
    • Customer landscape overview
    • Geographic segmentation
    • Geographic comparison
    • North America - Market size and forecast 2022-2027
    • APAC - Market size and forecast 2022-2027
    • Europe - Market size and forecast 2022-2027
    • South America - Market size and forecast 2022-2027
    • Middle East and Africa - Market size and forecast 2022- 2027
    • US - Market size and forecast 2022-2027
    • Germany - Market size and forecast 2022-2027
    • Canada - Market size and forecast 2022-2027
    • China - Market size and forecast 2022-2027
    • UK - Market size and forecast 2022-2027
    • Market opportunity by geography
    • Market drivers
    • Market challenges
    • Impact of drivers and challenges
    • Market trends
    • Overview
    • Vendor landscape
    • Landscape disruption
    • Industry risks
    • Vendors covered
    • Market positioning of vendors
    • Arteasans Beverages LLC
    • Associated British Foods Plc
    • Barrys Tea
    • ekaterra
    • Godrej and Boyce Manufacturing Co. Ltd.
    • Herbaty Szlachetne Sp. z o. o
    • MJF Exports Pvt. Ltd.
    • Numi Inc.
    • ORGANIC INDIA Pvt. Ltd.
    • PHARMADUS BOTANICALS S.L
    • Tata Sons Pvt. Ltd.
    • The Hain Celestial Group Inc.
    • The Organic Merchants
    • The Republic of Tea Inc.
    • Tiesta Tea Co.
    • Scope of the report
    • Inclusions and exclusions checklist
    • Currency conversion rates for US$
    • Research methodology
    • List of abbreviations

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