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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Key Industry Players in the Indian Premium Tea Market
The report gives a detailed analysis of the following key players in the Indian premium tea market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Tata Consumer Products Ltd.
- Hindustan Unilever Limited
- Gujarat Tea Processors & Packers Ltd
- Society Tea
- Teaxpress Pvt Ltd
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
Indian Premium Tea Market Report Snapshots
Indian Premium Tea Market Size
Indian Premium Tea Market Growth
*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 Indian premium tea market is supported by the growth of tea market, which is projected to grow at a CAGR of 4.2% between 2024 and 2032.
The tea market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach 1.79 million tons by 2032.
The major market drivers include growing disposable incomes, the surging production of premium tea in Assam, and the expansion of distribution channels of premium teas.
The key trends guiding the market include technological advancements in the packaging sector, the growing popularity of premium tea among the affluent class, the expansion of the foodservice sector, and the rising preference for packaged varieties of premium teas.
The major regions in the market are North India, South India, West India and East India.
Flavoured black teas, green teas, functional botanical blends and herbal blends, probiotic teas, and iced tea, among others, are the significant types of premium tea.
The major segments based on packaging of premium tea considered in the market report are loose tea, plastic containers, paper boards, aluminium tea, and tea bags, among others.
The various distribution channels in the market are supermarkets and hypermarkets, convenience stores, speciality stores, and online, among others.
The several applications of premium tea are residential and commercial.
The major players in the market are Tata Consumer Products Ltd., Hindustan Unilever Limited, Gujarat Tea Processors & Packers Ltd, Society Tea, and Teaxpress Pvt Ltd, among others.
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