Top 9 Companies in the Global Tea Market | Rising Demand for Specialty Teas | 2025

The global tea market size reached a value of about USD 56.11 billion in 2024. The market is projected to grow at a CAGR of 6.2% in the forecast period of 2025-2034 to reach around USD 102.40 Billion by 2034. As per the analysis by Expert Market Research, the market is expected to be driven by the expansion in tea exports and its social influence.

In FY 2023-24, China was the leading tea exporting country globally, exporting around 2.4 MMT, followed by India with 900,000 MT and Kenya with 305,000 MT. In 2023, the total export related to tea stood at 8.13 billion which is around 0.034% of total world exports. 

Tea holds a cultural significance in Asian and European societies such as Chinese, Indian, and British. China produces around 40% of the world’s tea, in regions including Yunnan, Guangdong, and Zhejiang, which supports the tea market growth. Tea is also a morning staple and often incorporated during breakfasts in households and commercial sectors. 

In the hospitality sector, tea is often served as a welcome drink in popular mountain destinations in India and China. By 2027, the global hospitality sector is projected to reach a value of USD 5.8 trillion, compared to 4.7 trillion in 2023.

In May 2024, B&A Ltd. launched its retail segment through its 'Gatoonga' brand of black tea. The brand officially launched in Assam first, and the company has planned to tap the market in other parts of the country. The company currently has 11 tea estates in upper Assam locations and will produce 5.5 million kg of black tea in 2023.

Figure: Top 10 Tea Producing Countries Globally (MMT), 2023-24

Latest Updates on Top Tea Companies Worldwide | Market Insights

In February 2025, DKSH expanded its partnership with Odani Kokufun to distribute premium Japanese tea in Singapore. This collaboration aims to strengthen Odani Kokufun’s presence in the Southeast Asian market, offering high-quality organic and traditional Japanese teas. DKSH will leverage its distribution network to enhance accessibility and promote authentic Japanese tea culture in the region.

In February 2025, Lipton Teas and Infusions partnered with Browns Investments to revolutionize the global tea industry. This collaboration focuses on sustainable tea cultivation, improving farmer livelihoods, and enhancing eco-friendly production methods. By leveraging Browns’ expertise in agribusiness, Lipton aims to drive innovation and promote responsible sourcing in the premium and mainstream tea markets.

In January 2025, TreeHouse Foods, Inc. acquired Harris Tea for $205 million, strengthening its position in the private-label tea sector. This acquisition enhances tea sourcing, blending, and packaging capabilities, allowing TreeHouse to expand its market reach and improve product offerings. The deal aligns with the company's strategy to grow in the beverage industry.

In February 2024, Hindustan Unilever Limited (HUL) partnered with the Tea Research Association (TRA) to promote a sustainable tea industry in India. This collaboration focuses on climate-resilient tea cultivation, enhancing soil health, water conservation, and pest management. HUL aims to strengthen its sustainable sourcing practices, ensuring long-term viability for tea farmers and the ecosystem.

Top 9 Tea Companies in the World | Leading Global Brands

1. Unilever Plc

Unilever stands as one of the leading FMCG food companies, providing a comprehensive range of products in food, beverages, personal care, and home care. Tea brands such as Lipton and Brooke Bond Taj Mahal offer a range of premium handcrafted teas, such as black tea, green tea, and white tea. For large, uncertified tea estates, the company conducts geospatial analysis and rectifies a negligible risk of commodity-driven deforestation.

2. Associated British Foods Plc

Associated British Foods is a diversified international food, ingredients and retail group with sales of £19.8bn, 133,000 employees and operations in 55 countries. Twinings is the popular tea brand under this company’s product portfolio that offers a variety of teas, including black, green, matcha herbal, and fruit-based cold infusions. This brand also sells Assam and Darjeeling tea globally. 

3. Tata Consumer Products Limited

Tata Consumer Products is a focused consumer products company, home to iconic brands like Tata Tea, and Tetley. The company has expanded its product portfolio to include packaged foods, snacks, and water under leading brands including Himalayan, Tata Copper, Ching’s, and Sampann, among others, reflecting its commitment to becoming a leading food and beverage company.

4. ITO EN, LTD.

The company stands as a global leader in the manufacturing of green tea, offering a range of products such as Matcha green tree, green tea powder, and unsweetened green tea. Renowned green tea brand Oi Ocha comes under this company. The company has established a rigorous quality control system to ensure product safety from product design, raw materials, and packaging to manufacturing and distribution.

5. Taiwan Tea Corporation

Taiwan Tea Corporation produces 100% authentic Taiwanese tea in its own tea farms, which are mostly cultivated by organic, natural farming and vegetative farming. The company is a humble tea producer with a proprietary tea plantation and factory into a distinguished TWSE-listed tea corporation. The tea production process is safeguarded by strict quality control measures such as ISO 22000 and HACCP certification.

6. Dilmah Ceylon Tea Company PLC

The company is a globally recognised Sri Lankan tea brand known for its premium, single-origin Ceylon teas. Also, the company offers an array of flavoured teas with flavours such as cinnamon, ginger, mint, and others. It significantly contributes to social and environmental causes through its MJF Charitable Foundation and Dilmah Conservation through a minimum of 15% pre-tax profit from each sale of teas.

7. Barry’s Tea

The company is famous for its premium Irish tea. Under its product portfolio, the company offers gold blend, master blend, original blend, and decaf blend. It maintains its strong heritage and commitment to quality and sustainability with the introduction of new blends or innovative packaging to become more sustainable.

8. The Hain Celestial Group, Inc.

Hain is a leading health and wellness company that offers products related to snacks, baby food, and beverages. Its tea brand, Celestial Seasonings, offers premium teas enriched with flavours. This brand consists of relaxing herbal teas, energising black teas and green teas, and refreshing cold brew iced teas. The company blends teas using the finest herbs, teas, spices, and botanicals available and packages them in a delicate way to gain consumer attention.

9. Tenfu's TEA

TenFu's TEA is an international retailer and wholesaler of fine Chinese tea and teaware. The company offers loose leaf teas, direct from tea estates to tea bag packages. It has 8 owned factories in China, and each factory utilises the most advanced equipment and technologies to achieve the highest standards for all its products. The company's product portfolio encompasses a variety of teas such as green tea, oolong tea, black tea, herbal tea, jasmine green tea, white tea, and seasonal teas.