High demand for flavonoid drinks, which have anti-oxidant characteristics, is a key driver for market revenue growth
NEW YORK CITY, NEW YORK, USA, May 8, 2022 /EINPresswire.com/ — A global research report titled Organic Tea Market was recently released by Reports and Data to provide business guidance. The report also focuses on global major major industry players of Organic Tea market providing information such as company profiles, product picture and specification, price, capacity, cost, production , income and contact details. The global organic tea market is expected to grow at a substantial CAGR in the coming years. The most important factor driving the growth of this market is the increase in investment in the market. Investments in the organic tea market have seen tremendous growth over the past few years. This report also states import and export consumption, supply and demand Figures, cost, price, revenue and gross margins.
The global organic tea market size is expected to reach USD 2,050.2 million in 2028 and register a revenue CAGR of 10.8% over the forecast period, according to the latest report from Reports and Data. The high demand for flavonoid drinks, which have anti-oxidant characteristics, is a key driver for the market revenue growth. Organic tea is a very popular drink prepared from buds and leaves obtained from Camellia sinensis. It is free from pesticides, herbicides and artificial fertilizers and has antioxidant characteristics. The demand for organic tea is increasing rapidly as people are becoming more health conscious. It also helps slim down and keeps the body hydrated. Due to these benefits, it is closely associated with the health, fitness and wellness industries and is the top choice among those wishing to lose weight.
The report studies financial information gathered through extensive primary and secondary research to offer accurate market insights. The report also offers a holistic overview of market share, market size, market revenue growth, and segments and sub-segments, along with strategic recommendations to key market players and new entrants. The report also emphasizes emerging market segments and provides insight into growth prospects and opportunities.
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Some key highlights of the report:
• Black tea segment accounted for the largest share of revenue in 2020, due to its key health benefits such as the presence of antioxidants that help block DNA damage associated with tobacco exposure or other toxic chemicals. These antioxidants are different from those obtained from fruits and vegetables and, as part of the daily diet, can provide additional benefits for healthy living. Black tea has antimicrobial properties that can kill harmful microbes and improve gut bacteria and immunity.
• Oolong tea segment is expected to grow at a faster revenue growth rate during the forecast period. It is a partially fermented and semi-oxidized traditional Chinese herbal tea. It differs from green tea and black tea in terms of the content of antioxidants such as thearubigins, theaflavins and EGCG. Consuming oolong tea offers various health benefits, such as improved metabolism, lower cholesterol levels, and weight loss.
• The flavored tea segment is expected to register a rapid growth rate in terms of revenue over the forecast period. Flavored tea is gaining special attention in modern times, due to its enhanced flavor. Another driver driving the demand for flavored organic tea is the shift in the trend from traditional tea to flavored tea. This type of tea is available as oolong, mint, chamomile, cinnamon, and others. It contains a lot of vitamin C which helps maintain blood sugar and cholesterol levels, manage weight loss and boost a person’s immunity.
• Revenue from the supermarket or hypermarket segment is expected to increase significantly over the forecast period. This channel offers a wide variety of products in one place, offers significant discounts on bulk purchases, and offers seasonal offers to attract many customers to purchase products.
• North America accounted for a major share of market revenue in 2020 owing to the growing consumption of organic tea in the United States and the constant launch of new flavors by leading players. Consumers are increasingly aware of the safety of healthy foods. The trend of consuming effective organic beverages in the United States and Canada is also driving the market revenue growth in this region.
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Major competitors around the world were asked to understand the level of competition. Several factors, such as productivity, manufacturing base, and product type, were considered to study various regions of the world, such as North America, Latin America, Europe, Asia – Pacific and India. In order to fully understand the current scope of the existing industry, the competitive environment has been refined. This report also states import and export consumption, supply and demand Figures, cost, price, revenue and gross margins.
Some major companies profiled in the global market report are Associated British Foods plc, Unilever plc, Tata Consumer Products, The Bigelow Tea Company, The Republic of Tea, Stash Tea Company, Tazo Tea Company, The UK Loose Leaf Tea Company Ltd. , Newman’s Own, Inc. and Tetley.
For the purposes of this report, Reports and Data has segmented the organic tea market on the basis of type, form, taste, type of packaging, distribution channel and region:
Regional Outlook (Revenue, USD Billion; 2018-2028)
• North America
• Asia Pacific
• Latin America
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Market segmentation :
Type Outlook (Revenue, USD Billion; 2018-2028)
• Green tea
• Black tea
• White tea
• Oolong tea
• Herbal tea
Outlook Form (Revenue, USD Billion; 2018-2028)
• Dried leaf
Taste Outlook (Revenue, USD Billion; 2018-2028)
Packaging Type Outlook (Revenue, USD Billion; 2018-2028)
• Paper pockets
• Tea bags
Distribution Channel Outlook (Revenue, USD Billion; 2018-2028)
• Supermarkets or Hypermarkets
• Convenience stores
• Specialty stores
• Online retail
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Thank you for reading this article. You can also get chapter wise sections or region wise report coverage for North America, Europe, Asia-Pacific, Latin America, Middle East & Africa.
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