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The Russia Earl Grey tea market size is expected to grow at a CAGR of 8.20%, driven by a rising demand for detoxing beverages.
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Earl Grey tea is a type of tea created by adding bergamot oil to dried tea leaves. In addition to the traditional black tea, green tea, oolong tea, and other types of tea can also be used to make Earl Grey tea. This type of tea is said to reduce anxiety and stress, improve digestion, detoxify the body, and increase energy levels.
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Based on origin, the market is segmented into organic and conventional. On the basis of types, the market is categorised into black, green, and oolong, among others. The market is segmented based on form into loose, sachets/bags, premixes, and ready-to-drink, among others. Based on distribution channel, the market is divided into hypermarkets and supermarkets, convenience stores, special stores, and online, among 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. The report gives a detailed analysis of the following key players in the Russia Earl Grey tea market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
Although Earl Grey tea can be produced by conventional and organic means, the organic segment has witnessed substantial growth. Due to the growing concern about the negative effects of GMOs and additives found in food and beverages, the organic segment is predicted to dominate the Russia Earl Grey tea market. Additionally, official certification of organic products boosts consumer confidence in organic goods.
Traditionally, loose leaf forms of Earl Grey tea have been popular as they were widely available. However, preparing loose leaf tea involves additional steps of straining the tea leaves before consumption, increasing the hassle, particularly for consumers that want quick and easy beverages. Due to its popularity among consumers and ease of preparation, the sachets/bags segment is predicted to dominate the Russia Earl Grey tea market. Sachets and bags offer the same taste as loose leaf tea, without additional preservatives involved in premixes.
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Associated British Foods (ABF.L), is a diversified multinational food, ingredient, and retail firm with sales of £13.9 billion, 128,000 workers, and operations in 53 nations throughout the Americas, Europe, Asia, Africa, and Australia. Its goal is to offer decent-quality and reasonably priced apparel and food products.
Imperial Tea Corp., commonly known as the Imperial Tea Court was founded in 1993 in California in the United States. It manufactures some of the most celebrated and sought-after teas available today. Many of the best, rarest, and most lauded teas in the world are made available by the company to customers at the teahouse and online.
Dilmah Ceylon Tea Company PLC, founded in 1988, manufactures and sells tea bags and packages under the Dilmah brand. The business produces tea in the form of liquid tea concentrate and ready-to-drink tea through its subsidiary, MJF Beverages (Pvt) Ltd. Dilmah is known for its garden-fresh, unblended tea, which has a distinctive flavour and is packed from the source.
Other market players include Gurieli and MAY Company, among others.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
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*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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The market is projected to grow at a CAGR of 8.20% between 2024 and 2032.
The major drivers of the market include growing awareness about the health advantages of Earl Grey tea and rising demand for detox and de-stressing beverages.
Growing desire for healthy beverages, increase in the number of people working, hectic lifestyles, rising availability of a wide variety of flavours, rising demand for organic products, and expanding distribution channels are the key industry trends propelling the growth of the market.
The major players in the Russia Earl Grey tea market are Associated British Foods (ABF.L), MAY Company, Imperial Tea Corp, Gurieli, and Dilmah Ceylon Tea Company PLC., among others.
One of the most well-known types of teas in the world is Earl Grey. This iconic British beverage normally has a black tea base and is flavoured with bergamot orange peel oil, a citrus fruit with characteristics similar to those of an orange and a lemon with a hint of grapefruit and lime.
The primary types of Earl Grey teas are black, green, and oolong, among others.
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