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The specialty tea market is driven by the growing tea cafe culture. However, the impact of overconsumption of tea might impact the market growth adversely during the forecast period. The holistic analysis of the drivers & challenges will help in deducing end goals and refining marketing strategies to gain a competitive edge.
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Major Specialty Tea Companies
The specialty tea market is fragmented, and the vendors are deploying organic and inorganic growth strategies to compete in the market. The major specialty tea companies include -
- Associated British Foods Plc
- Barrys Tea
- Dilmah Ceylon Tea Co. Plc
- Harney & Sons Fine Teas
- ITO EN Ltd.
- Nestle SA
- Tata Consumer Products Ltd.
- The Hain Celestial Group Inc.
- The Republic of Tea
- Unilever Group
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Specialty Tea Market Application Outlook (Revenue, USD bn, 2021-2026)
- Residential - size and forecast 2021-2026
- Commercial - size and forecast 2021-2026
Specialty Tea Market Geography Outlook (Revenue, USD bn, 2021-2026)
- APAC - size and forecast 2021-2026
- Europe - size and forecast 2021-2026
- North America - size and forecast 2021-2026
- South America - size and forecast 2021-2026
- MEA - size and forecast 2021-2026
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Related Reports-
Iced Tea Market in India -The iced tea market share in India is expected to increase by USD 6.00 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 17.43%.Download a sample now!
Slimming Tea Market -The slimming tea market size has the potential to grow by $7.02 billion during 2020-2024, and the market's growth momentum will accelerate during the forecast period.Download a sample now!
Specialty Tea Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.04% |
Market growth 2022-2026 |
USD 5.50 billion |
Market structure |
Fragmented |
YoY growth (%) |
5.25 |
Regional analysis |
APAC, Europe, North America, South America, and MEA |
Performing market contribution |
APAC at 36% |
Key consumer countries |
China, Taiwan, UK, US, and India |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Associated British Foods Plc, Barrys Tea, Dilmah Ceylon Tea Co. Plc, Harney & Sons Fine Teas, ITO EN Ltd., Nestle SA, Tata Consumer Products Ltd., The Hain Celestial Group Inc., The Republic of Tea, and Unilever Group |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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