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Global Tea Market to Reach a Value of USD 90.78 Billion by 2032

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Global Tea Market Size, Share, Analysis, Growth, Trends: By Source: Organic, Conventional; By Type: Black, Green, Oolong, White, Others; By Packaging Type: Plastic Containers, Loose Tea, Paper Boards, Aluminum Tins, Tea Bag, Others; By Application; By Distribution Channel; Regional Analysis; Competitive Landscape; 2024-2032

Global Tea Market Size

The global tea market reached a value of approximately USD 52.83 billion in 2023. The market is projected to grow at a CAGR of 6.2% between 2024 and 2032, reaching a value of around USD 90.78 billion by 2032.

Tea Market Outlook

China's tea production in 2022, as reported by the Tea Board, amounted to 3090.00 M.kg, reflecting substantial growth.

The Tea Board reported apparent global tea consumption at 6173 M.kgs in 2021, compared to 5949 M.kgs in 2020.

As per industryreports, Argentina exported 71.00 M.kg of tea in 2022, compared to 64.20 M.kg in 2021.

Tea Market Report Snapshots

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.

1   Preface
2   Report Coverage – Key Segmentation and Scope
3   Report Description
   3.1   Market Definition and Outlook
   3.2   Properties and Applications
   3.3   Market Analysis
   3.4   Key Players
4   Key Assumptions
5   Executive Summary
   5.1   Overview
   5.2   Key Drivers
   5.3   Key Developments
   5.4   Competitive Structure
   5.5   Key Industrial Trends
6   Market Snapshot
   6.1   Global
   6.2   Region
7   Opportunities and Challenges in the Market
8   Global Tea Market Analysis
   8.1   Key Industry Highlights
   8.2   Global Tea Historical Market (2018-2023)
   8.3   Global Tea Market Forecast (2024-2032)
   8.4   Global Tea Market by Source
       8.4.1   Organic
8.4.1.1 Historical Trend (2018-2023)
           8.4.1.2 Forecast Trend (2024-2032)
       8.4.2   Conventional
8.4.2.1 Historical Trend (2018-2023)
           8.4.2.2 Forecast Trend (2024-2032)
   8.5   Global Tea Market by Type
       8.5.1   Black
8.5.1.1 Historical Trend (2018-2023)
           8.5.1.2 Forecast Trend (2024-2032)
       8.5.2   Green
8.5.2.1 Historical Trend (2018-2023)
           8.5.2.2 Forecast Trend (2024-2032)
       8.5.3   Oolong
8.5.3.1 Historical Trend (2018-2023)
           8.5.3.2 Forecast Trend (2024-2032)
       8.5.4   White
8.5.4.1 Historical Trend (2018-2023)
           8.5.4.2 Forecast Trend (2024-2032)
       8.5.5   Others
   8.6   Global Tea Market by Packaging Type
       8.6.1   Plastic Containers
8.6.1.1 Historical Trend (2018-2023)
           8.6.1.2 Forecast Trend (2024-2032)
       8.6.2   Loose Tea
8.6.2.1 Historical Trend (2018-2023)
           8.6.2.2 Forecast Trend (2024-2032)
       8.6.3   Paper Boards
8.6.3.1 Historical Trend (2018-2023)
           8.6.3.2 Forecast Trend (2024-2032)
       8.6.4   Aluminum Tins
8.6.4.1 Historical Trend (2018-2023)
           8.6.4.2 Forecast Trend (2024-2032)
       8.6.5   Tea Bag
8.6.5.1 Historical Trend (2018-2023)
           8.6.5.2 Forecast Trend (2024-2032)
       8.6.6   Others
   8.7   Global Tea Market by Application
       8.7.1   Residential
8.7.1.1 Historical Trend (2018-2023)
           8.7.1.2 Forecast Trend (2024-2032)
       8.7.2   Commercial
8.7.2.1 Historical Trend (2018-2023)
           8.7.2.2 Forecast Trend (2024-2032)
   8.8   Global Tea Market by Distribution Channel
       8.8.1   Supermarkets and Hypermarkets
8.8.1.1 Historical Trend (2018-2023)
           8.8.1.2 Forecast Trend (2024-2032)
       8.8.2   Convenience Stores
8.8.2.1 Historical Trend (2018-2023)
           8.8.2.2 Forecast Trend (2024-2032)
       8.8.3   Specialty Stores
8.8.3.1 Historical Trend (2018-2023)
           8.8.3.2 Forecast Trend (2024-2032)
       8.8.4   Online
8.8.4.1 Historical Trend (2018-2023)
           8.8.4.2 Forecast Trend (2024-2032)
       8.8.5   Others
   8.9   Global Tea Market by Region
       8.9.1   North America
8.9.1.1 Historical Trend (2018-2023)
           8.9.1.2 Forecast Trend (2024-2032)
       8.9.2   Europe
8.9.2.1 Historical Trend (2018-2023)
           8.9.2.2 Forecast Trend (2024-2032)
       8.9.3   Asia Pacific
8.9.3.1 Historical Trend (2018-2023)
           8.9.3.2 Forecast Trend (2024-2032)
       8.9.4   Latin America
8.9.4.1 Historical Trend (2018-2023)
           8.9.4.2 Forecast Trend (2024-2032)
       8.9.5   Middle East and Africa
8.9.5.1 Historical Trend (2018-2023)
           8.9.5.2 Forecast Trend (2024-2032)
9   North America Tea Market Analysis
   9.1   Market by Source
   9.2   Market by Type
   9.3   Market by Packaging Type
   9.4   Market by Application
   9.5   Market by Distribution Channel
   9.6   Market by Country
       9.6.1   United States of America
9.6.1.1 Historical Trend (2018-2023)
           9.6.1.2 Forecast Trend (2024-2032)
       9.6.2   Canada
9.6.2.1 Historical Trend (2018-2023)
           9.6.2.2 Forecast Trend (2024-2032)
10   Europe Tea Market Analysis
   10.1   Market by Source
   10.2   Market by Type
   10.3   Market by Packaging Type
   10.4   Market by Application
   10.5   Market by Distribution Channel
   10.6   Market by Country
       10.6.1   United Kingdom
10.6.1.1 Historical Trend (2018-2023)
           10.6.1.2 Forecast Trend (2024-2032)
       10.6.2   Germany
10.6.2.1 Historical Trend (2018-2023)
           10.6.2.2 Forecast Trend (2024-2032)
       10.6.3   France
10.6.3.1 Historical Trend (2018-2023)
           10.6.3.2 Forecast Trend (2024-2032)
       10.6.4   Italy
10.6.4.1 Historical Trend (2018-2023)
           10.6.4.2 Forecast Trend (2024-2032)
       10.6.5   Others
11   Asia Pacific Tea Market Analysis
   11.1   Market by Source
   11.2   Market by Type
   11.3   Market by Packaging Type
   11.4   Market by Application
   11.5   Market by Distribution Channel
   11.6   Market by Country
       11.6.1   China
11.6.1.1 Historical Trend (2018-2023)
           11.6.1.2 Forecast Trend (2024-2032)
       11.6.2   Japan
11.6.2.1 Historical Trend (2018-2023)
           11.6.2.2 Forecast Trend (2024-2032)
       11.6.3   India
11.6.3.1 Historical Trend (2018-2023)
           11.6.3.2 Forecast Trend (2024-2032)
       11.6.4   ASEAN
11.6.4.1 Historical Trend (2018-2023)
           11.6.4.2 Forecast Trend (2024-2032)
       11.6.5   South Korea
11.6.5.1 Historical Trend (2018-2023)
           11.6.5.2 Forecast Trend (2024-2032)
       11.6.6   Australia
11.6.6.1 Historical Trend (2018-2023)
           11.6.6.2 Forecast Trend (2024-2032)
       11.6.7   Others
12   Latin America Tea Market Analysis
   12.1   Market by Source
   12.2   Market by Type
   12.3   Market by Packaging Type
   12.4   Market by Application
   12.5   Market by Distribution Channel
   12.6   Market by Country
       12.6.1   Brazil
12.6.1.1 Historical Trend (2018-2023)
           12.6.1.2 Forecast Trend (2024-2032)
       12.6.2   Argentina
12.6.2.1 Historical Trend (2018-2023)
           12.6.2.2 Forecast Trend (2024-2032)
       12.6.3   Mexico
12.6.3.1 Historical Trend (2018-2023)
           12.6.3.2 Forecast Trend (2024-2032)
       12.6.4   Others
13   Middle East and Africa Tea Market Analysis
   13.1   Market by Source
   13.2   Market by Type
   13.3   Market by Packaging Type
   13.4   Market by Application
   13.5   Market by Distribution Channel
   13.6   Market by Country
       13.6.1   Saudi Arabia
13.6.1.1 Historical Trend (2018-2023)
           13.6.1.2 Forecast Trend (2024-2032)
       13.6.2   Turkey
13.6.2.1 Historical Trend (2018-2023)
           13.6.2.2 Forecast Trend (2024-2032)
       13.6.3   Egypt
13.6.3.1 Historical Trend (2018-2023)
           13.6.3.2 Forecast Trend (2024-2032)
       13.6.4   South Africa
13.6.4.1 Historical Trend (2018-2023)
           13.6.4.2 Forecast Trend (2024-2032)
       13.6.5   Others
14   Market Dynamics
   14.1   SWOT Analysis
       14.1.1   Strengths
       14.1.2   Weaknesses
       14.1.3   Opportunities
       14.1.4   Threats
   14.2   Porter’s Five Forces Analysis
       14.2.1   Supplier’s Power
       14.2.2   Buyer’s Power
       14.2.3   Threat of New Entrants
       14.2.4   Degree of Rivalry
       14.2.5   Threat of Substitutes
   14.3   Key Indicators for Demand
   14.4   Key Indicators for Price
15   Value Chain Analysis
16   Trade Data Analysis (HS Code - 0902)
   16.1   Major Importing Countries
       16.1.1   By Volume
       16.1.2   By Value
   16.2   Major Exporting Countries
       16.2.1   By Volume
       16.2.2   By Value
17   Price Analysis
18   Tea Processing
19   Project Details and Cost Analysis
   19.1   Land, Location and Site Development
   19.2   Construction
   19.3   Plant Layout
   19.4   Plant Machinery
   19.5   Raw Material Requirement
   19.6   Packaging
   19.7   Transportation
   19.8   Utilities
   19.9   Manpower
   19.10   Capital Investment
20   Loans and Financial Assistance
21   Project Economics
   21.1   Capital Cost of Project
   21.2   Techno-Economic Parameters
   21.3   Product Pricing and Margins
   21.4   Taxation and Depreciation
   21.5   Income Projections
   21.6   Expenditure Projections
   21.7   Financial Analysis
22   Competitive Landscape
   22.1   Market Structure
   22.2   Company Profiles
       22.2.1   Unilever Plc
           22.2.1.1   Company Overview
           22.2.1.2   Product Portfolio
           22.2.1.3   Demographic Reach and Achievements
           22.2.1.4   Certifications
       22.2.2   Associated British Foods Plc
           22.2.2.1   Company Overview
           22.2.2.2   Product Portfolio
           22.2.2.3   Demographic Reach and Achievements
           22.2.2.4   Certifications
       22.2.3   Tata Consumer Products Limited
           22.2.3.1   Company Overview
           22.2.3.2   Product Portfolio
           22.2.3.3   Demographic Reach and Achievements
           22.2.3.4   Certifications
       22.2.4   ITO EN, LTD.
           22.2.4.1   Company Overview
           22.2.4.2   Product Portfolio
           22.2.4.3   Demographic Reach and Achievements
           22.2.4.4   Certifications
       22.2.5   Taiwan Tea Corporation
           22.2.5.1   Company Overview
           22.2.5.2   Product Portfolio
           22.2.5.3   Demographic Reach and Achievements
           22.2.5.4   Certifications
       22.2.6   Dilmah Ceylon Tea Company PLC.
           22.2.6.1   Company Overview
           22.2.6.2   Product Portfolio
           22.2.6.3   Demographic Reach and Achievements
           22.2.6.4   Certifications
       22.2.7   Barry’s Tea
           22.2.7.1   Company Overview
           22.2.7.2   Product Portfolio
           22.2.7.3   Demographic Reach and Achievements
           22.2.7.4   Certifications
       22.2.8   SAC Leão
           22.2.8.1   Company Overview
           22.2.8.2   Product Portfolio
           22.2.8.3   Demographic Reach and Achievements
           22.2.8.4   Certifications
       22.2.9   The Hain Celestial Group, Inc.
           22.2.9.1   Company Overview
           22.2.9.2   Product Portfolio
           22.2.9.3   Demographic Reach and Achievements
           22.2.9.4   Certifications
       22.2.10   Tenfu's TEA
           22.2.10.1   Company Overview
           22.2.10.2   Product Portfolio
           22.2.10.3   Demographic Reach and Achievements
           22.2.10.4   Certifications
       22.2.11   Others
23   Key Trends and Developments in the Market

List of Key Figures and Tables

1.   Global Tea Market: Key Industry Highlights, 2018 and 2032
2.   Global Tea Historical Market: Breakup by Source (KMT), 2018-2023
3.   Global Tea Market Forecast: Breakup by Source (KMT), 2024-2032
4.   Global Tea Historical Market: Breakup by Type (KMT), 2018-2023
5.   Global Tea Market Forecast: Breakup by Type (KMT), 2024-2032
6.   Global Tea Historical Market: Breakup by Packaging Type (KMT), 2018-2023
7.   Global Tea Market Forecast: Breakup by Packaging Type (KMT), 2024-2032
8.   Global Tea Historical Market: Breakup by Application (KMT), 2018-2023
9.   Global Tea Market Forecast: Breakup by Application (KMT), 2024-2032
10.   Global Tea Historical Market: Breakup by Distribution Channel (KMT), 2018-2023
11.   Global Tea Market Forecast: Breakup by Distribution Channel (KMT), 2024-2032
12.   Global Tea Historical Market: Breakup by Region (KMT), 2018-2023
13.   Global Tea Market Forecast: Breakup by Region (KMT), 2024-2032
14.   North America Tea Historical Market: Breakup by Country (KMT), 2018-2023
15.   North America Tea Market Forecast: Breakup by Country (KMT), 2024-2032
16.   Europe Tea Historical Market: Breakup by Country (KMT), 2018-2023
17.   Europe Tea Market Forecast: Breakup by Country (KMT), 2024-2032
18.   Asia Pacific Tea Historical Market: Breakup by Country (KMT), 2018-2023
19.   Asia Pacific Tea Market Forecast: Breakup by Country (KMT), 2024-2032
20.   Latin America Tea Historical Market: Breakup by Country (KMT), 2018-2023
21.   Latin America Tea Market Forecast: Breakup by Country (KMT), 2024-2032
22.   Middle East and Africa Tea Historical Market: Breakup by Country (KMT), 2018-2023
23.   Middle East and Africa Tea Market Forecast: Breakup by Country (KMT), 2024-2032
24.   Major Importing Countries by Volume
25.   Major Exporting Countries by Volume
26.   Major Importing Countries by Value
27.   Major Exporting Countries by Value
28.   Global Tea Market Structure

Key Questions Answered in the Report

What was the global tea market value in 2023?

The tea market was valued at USD 52.83 billion in 2023.

What is the growth rate of the market?

The tea market is projected to grow at a CAGR of 6.2% between 2024 and 2032.

What is the tea market forecast for 2024-2032?

The revenue generated from the market is expected to reach USD 90.78 billion in 2032.

What are the major drivers for the market?

The major drivers aiding the growth of the market include rising disposable incomes, increasing population, increasing demand for healthier beverages, RTD (Ready-to-drink) teas, growing food and beverage industry, and rising demand from the developing regions.

What are the key trends in the tea market?

The key trend guiding the growth of the tea market include the availability of tea in different flavours, which satisfies every consumer’s taste.

What is the market breakup by region?

The market is broken down into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.

What is the breakup of the market based on the type?

The market is categorised according to the type, which includes black, green, oolong, white, and others.

What are the significant packaging types for the product in the market?

Plastic containers, loose tea, paper boards, aluminium tins, and tea bags, among others, are the significant packaging types for the product in the market.

What is the breakup of the market according to the distribution channel?

Based on the distribution channel, the market is divided into supermarkets and hypermarkets, convenience stores, speciality stores, online, and others.

What is the breakup of the market according to the application?

Based on the application, the market is divided into commercial and residential.

Who are the key players in the global tea industry, according to the report?

Dilmah Ceylon Tea Company PLC., Barry’s Tea, Tata Consumer Products Limited, The Hain Celestial Group, Inc, Unilever Plc, Associated British Foods Plc, ITO EN, LTD., Taiwan Tea Corporation, SAC Leão, and Tenfu's TEA, among others.

What is the breakup of the market based on the source?

The market is categorised according to the source, which includes organic and conventional.

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