Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Herbal Tea Market Trends

Herbal teas have long been used for their therapeutic properties, and in recent years, there has been a growing trend towards herbal teas that target specific health concerns. This trend is driven by an increased awareness of health and wellness, as well as a desire for natural and holistic approaches to health management. Many herbal teas are formulated with a blend of herbs, each selected for its specific health benefits which creates a synergistic effect that can enhance the tea's overall efficacy.

 

Key players in herbal tea products market are enhancing their reach by introducing their products on a global level. A Chinese herbal tea manufacturer announced in February 2024 that it is taking steps to expand its reach beyond its domestic market by launching its brand, "WALOVI," internationally. By introducing "WALOVI" to consumers outside of China, the manufacturer is likely seeking to tap into the growing demand for herbal teas worldwide, driven by increasing health consciousness.

 

Herbal Tea Market Report Snapshots

Herbal Tea Market Size

Herbal Tea Market Growth

Herbal Tea Market Trends

Herbal Tea Market Share

Herbal Tea Companies

Herbal 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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Key Questions Answered in the Report

The market reached a value of USD 3.81 billion in 2023.

The market is estimated to grow at a CAGR of 6.6% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of USD 6.77 billion by 2032.

The growing transition towards healthy beverage consumption, heightened awareness about the health benefits of herbal teas, and increasing availability of herbal teas in different packaging are the major drivers of the market.

The key trends in the market include the innovations in flavours, rising sales of herbal teas via online distribution channels, and increasing prevalence of lifestyle conditions.

Green tea, black tea, and yellow tea, among others, are the different raw materials of herbal tea in the market.

Chamomile, peppermint, lemongrass, ginger, hibiscus, and turmeric, among others, are the significant types of herbal teas in the market.

Yes, it is healthy to consume herbal tea every day.

Herbal teas typically don’t have side effects, particularly when consumed in moderation, however, potential side effects can include headache, soreness of mouth, and vomiting.

The major players in the market are The Hain Celestial Group, Inc., Pukka Herbs Limited, Tielka Pty Ltd, Culinary Teas, Harney & Sons Fine Teas, Twining and Company Limited, Numi, Inc., ORGANIC INDIA USA, LLC, Bigelow, and MJF Group (Dilmah), among others.

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