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The report gives a detailed analysis of the following key players in the global earl grey tea market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on Porter's five forces model along with giving a SWOT analysis.
Earl Grey Tea Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the global earl grey tea market attained a volume of 7.20 million tons.
The market is projected to grow at a CAGR of 3.5% between 2024 and 2032.
The growth of the market is driven by factors like sedentary lifestyles of the consumers, rising awareness about the health benefits of the products, growing consumption of RTD beverages, and the rising disposable incomes of the consumers.
The growing demand for organic and natural health products, the rising consumption of detox and de-stressing beverages, the increasing availability of a wide range of flavours of earl grey tea, and the expansion of distribution channels are the key trends guiding the market development.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major origins of earl grey tea in the market are organic and conventional.
The leading types of earl grey tea in the market are black, green, and oolong, among others.
The significant forms of earl grey tea in the market are loose, sachets/bags, premixes, and ready-to-drink, among others.
The major distribution channels in the market are hypermarkets and supermarkets, convenience stores, special stores, and online, among others.
The major players in the market are Unilever Plc, Numi, Inc., Stash Tea Company, R. Twining and Company Limited, The Tea Makers of London, and Kusmi Tea, among others.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about 9.80 million tons by 2032.
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