Herbal Tea is the second largest consumed beverage is tea after water. It is made from infusion or by boiling the herbs, spices or dissolved chemicals from herbal or plant material in water to extract the active herbal ingredients. The Herbal Tea is made from the cured leaves of tea plant Camellia Sinensis and also from decaffeinated tea. This can be consumed with sugar or honey, with or without fruit juices for health conscious people and diabetic people. Antioxidant property of Herbal Tea that can Block the Oxidation of Low-density Lipoprotein and Cholesterol such Medical Benefits of Herbal Tea is propelling the growth of the market.This growth is primarily driven by Increasing Awareness & Disposable Income of the Consumer
|Value Unit||USD (Million)|
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The Beverages sector in the region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region.
Major Vendors, such as Adagio Teas (United States), Associated British Foods PLC (United Kingdom), Unilever (United Kingdom), Martin Bauer Group (Germany), Nestea (United States), Luzianne (United States), Bigelow Tea Company (United States), Tazo and Teavana (United States), Celestial Seasonings (United States) and Stash Tea (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In July 2018, Aduna Company Launched a new range of herbal teas with Baobab and Moringa. The company chooses a double Digital Tea Category to take Baobab and Moringa in the mainstream creating a long-term substantial market. In June 2018, Society Tea Company is set to enter the niche herbal tea market starting with one flavor. They are launching an excellent product under the herbal tea category, a very rare Tulsi with lemon grass and mint handpicked from the Himalayas.
In July 2018, an initiative taken by farmer Tony DiMaggio, a first-generation farmer is set to make the farming of Herbal tea sustainable. Passionate about sustainable agriculture, DiMaggio is growing twelve varieties of medicinal herbs in dense polycultures in order to make three different kinds of teas different kinds of farms across the United States.The market is highly fragmented because of the presence of numerous small and large vendors. Due to the various health benefits of Herbal tea like weight loss, many key players in Beverages market are Investing in Research and Development (R & D), in order to find ways that might enrich the flavors in Herbal Tea.
The Launch Of New Health And Wellness Brand Consisting of a Full Line Of Products Including Teas, Facial Tea Beauty Cream, Herbal Extracts, Supplements, and 28 day Wellness Kits
Market Growth Drivers:
Increasing Awareness & Disposable Income of the Consumer, Medicinal & Health Benefits Associated with Consuming Herbal tea and High Disposable income of consumers in the Developing Countries
High Cost Of Herbal Tea. and Limited Availability Of Herbs And Spices
Ingredients of herbal tea can interact with individualís medication, and needs medical assistance before consumption.
Development of Cost-Effective Herbal Tea Coupled With Variety of Flavors Is Providing Opportunity for the Market Players.
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of United States, European Union and China Herbal Tea Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of United States, European Union and China Herbal Tea Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.The primary interviews and data collected as per the below protocols:
By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of United States, European Union and China Herbal Tea players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, United States, European Union and China Herbal Tea Study Sheds Light on
The United States, European Union and China Herbal Tea Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the United States, European Union and China Herbal Tea industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where United States, European Union and China Herbal Tea industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.