Asia Pacific Tea Market Research Report – Segmented By Type (Green Tea, Black Tea, Fruit/Herbal Tea And Others), Packaging (Plastic Containers, Loose Tea, Paper Boards, Aluminium Tin, Tea Bags), Distribution Channel ( Supermarkets, Specialty Stores, Convenience Stores, Online Stores And Others) And Country (India, China, Japan, South Korea, Australia, New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore And Rest Of Asia-Pacific) – Analysis On Size, Share, Trends, Impact & Growth Forecast (2024 To 2032)

Updated On: June, 2024
ID: 4166
Pages: 145

Asia Pacific Tea Market Size (2024 To 2032)

The size of the Asia-Pacific tea market is predicted to be worth USD 5.09 billion by 2032 from USD 3.13 billion in 2024, growing at a CAGR of 6.26% from 2024 to 2032.

Tea is globally the most popular beverage obtained from Camellia sinensis plant leaves. It offers various health benefits owing to presence of polyphenols working as antioxidants, vitamins, trace minerals, and different amino acids resulting in stronger immunity, lower cholesterol, increased metabolism, prevention of cancer, and more. In addition, presence of small amount of caffeine makes tea a mild stimulant preventing fatigue.

The tea market is majorly driven by the health benefits associated with consuming tea and increase in awareness related to carbonated drinks among people. Moreover, rise in disposable income, change in tastes of people, and introduction of additional healthy ingredients in tea by different market players are the other factors that fuel the market growth. However, increase in cost of raw materials due to unpredictable weather, rise in cost of agricultural inputs, and increase in trend of out-of-home coffee consumption are expected to limit growth of the tea market.

This research report on the Asia-Pacific tea market has been segmented and sub-segmented based on the following categories.

Asia Pacific Tea Market By Type

  • Green Tea
  • Black Tea
  • Fruit/Herbal Tea
  • Others

Green tea market is the most lucrative segment of the global tea market, possessing high market potential for investment, owing to the rise in demand and increase in awareness regarding the health benefits offered by it.

Asia Pacific Tea Market By Packaging

  • Plastic Containers
  • Loose Tea
  • Paper Boards
  • Aluminium Tin
  • Tea Bags

Asia Pacific Tea Market By Distribution Channel

  • Supermarkets
  • Speciality Stores
  • Convenience Stores
  • Online Stores
  • others

Asia Pacific Tea Market By Region 

  • China
  • India
  • Japan
  • Australia
  • South Korea

The Tea market was dominated by Asia Pacific followed by North America.

KEY MARKET PLAYERS

Some of the key Players of tea market leaders include Tata Global Beverages, Unilever, Associated British Foods Plc., TAETEA, Nestle, Barry's Tea, Apeejay Surrendra Group, Bettys & Taylors Group Ltd., McLeod Russel, and ITO EN Inc.

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