Global Slimming Tea Market 2018-2022
About Slimming Tea
Slimming tea is used to manage or lose body weight owing to the presence of high contents of antioxidants in it. Slimming teas are available in several types such as green tea, herbal tea, and other teas such as oolong tea, white tea, organic tea, and flavored tea.
Technavio’s analysts forecast the global slimming tea market to grow at a CAGR of 7.09% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global slimming tea market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Slimming Tea Market 2018-2022
Technavio recognizes the following companies as the key players in the global slimming tea market: Celestial Seasonings, ITO EN, Nestle, Tata Global Beverages, and Unilever.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is increasing acceptance for flavored teas. The global slimming tea market is highly competitive with the presence of many vendors with multiple product offerings. To overcome the competition and to differentiate their product offerings, vendors are continuously introducing innovative products. Flavored tea is one among those innovative products, which is gaining acceptance among the consumers.”
According to the report, one driver in the market is increased consumption of slimming tea products. The tea industry mainly consists of four types of teas namely green tea, herbal tea, organic tea, and black tea. Based on the consumption pattern and volume of consumption, these teas are classified as regular tea and non-regular tea. The regular tea includes black tea, while other teas are included under the non-regular tea category. Generally, the regular tea contains caffeine, which has harmful effects if consumed largely. The black tea is prepared from the aged leaves of C. sinensis plant, which contains a very low volume of antioxidants.
Further, the report states that one challenge in the market is growing demand for physical fitness and its related diets. Growing obesity population is one of the major concerns among lifestyle-related diseases. To avoid these lifestyle-related diseases and to take preventive measures, many people are engaged in various physical activities, which increase the physical fitness and help in maintaining a healthy weight. For instance, according to the Centers for Disease Control and Prevention (CDC), in 2014, only 30% of the US adults being reported inactive during their leisure time, while 49.9% reported engaging in some levels of physical activity consistent with the guideline for aerobic physical activity. In 2015, only 27.1% of the US high school students reported levels of physical activity that met the guideline for 60 minutes of physical activity a day.
Celestial Seasonings, ITO EN, Nestle, Tata Global Beverages, and Unilever.
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