Scope of the Study
Tea is one of the popular beverages from the Asia Pacific as well as many other regions. It is prepared by boiling the buds and leaves from the plant of Camellia sinensis. Its crop yield, as well as the cultivation process, is done without the use of risky and harmful pesticides & fertilizers which possess harmful chemicals and other ingredients which can hamper the tea Productivity. The harmful chemicals may enter our food chain and can lead to severe health problems. It is considered as a refreshing drink as it assists in minimizing the stress. This type of organic tea contains prominent flavonoids and antioxidants. Out of which, the flavonoids are beneficial in minimizing the risks of growing cholesterol and the number of cardiovascular diseases. The organic tea market will show significant growth over the forecasted period since it can be useful as anti-aging properties which make them a healthier choice over other beverages.
The market study is being classified by Type (White Tea, Green Tea, Oolong Tea and Black Tea), by Application (Residential, Commercial and Other) and major geographies with country level break-up.
Bigelow Green Tea (United States), Dilmah Ceylon Tea Company PLC. (Sri Lanka), Edens Tea International (India), Coconut Pouchong Tea, Allegro Organic Wellness Tea (United States), Davidson's Organics (United States), Numi Organic Tea (United States), Traditional Medicinals, Inc. (United States), Stash Tea Company (United States) and Matcha Source (China) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Celestial Seasonings (United States), Newman?s Own (United States), Arbor Teas (United States), Art of Tea (United States), Davidson?s Organics (United States) and Five Mountains (United States).
The Vendors having a strong hold in the market are Bigelow Green Tea, Dilmah Ceylon Tea Company PLC., Edens Tea International. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Organic Tea market throughout the predicted period.
Segment Analysis
AdvanceMarketAnalytics has segmented the market of Global Organic Tea market by Type, Application and Region. On the basis of Type, Green Tea are dominating the market in the year 2018
On the basis of application, Commercial segment is dominating the market in the year 2018 where as Residnetial segment stood as second largest market.
On the basis of geography, the market of Organic Tea has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2018. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement. If we see Market by Distribution Channel, the sub-segment i.e. Direct will boost the Organic Tea market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Changing Preferences from Flavored as well as Chemical based Beverages to Organic Beverages
- Growing Awareness about Healthier Foods & Beverages across the Globe with Increasing Availability
Market Trend
- Introduction to new and Natural Tea Flavors across the Globe
- Growing Adoption of Online Direct Marketing Channels to minimize the Distribution Overheads
Restraints
- Availability of Multiple types of Substitutes such as Coffee and Other Juices
- Comparatively Higher Prices than Conventional Tea
Opportunities
- Growing Demand from the Untapped Markets
- Introduction to Highly Automated Manufacturing Techniques to Cope up with Upsurging Demand
Challenges
- Lack of Herbal or Organic Food and Beverage Products
- Robust Growth in Raw Material Prices Leading to Increase the Overall Operational Cost
Key Target Audience
Organic Tea Manufactures, Organic Tea Distributors Traders, Food and Beverage Industry Associations, Government Agencies, Agricultural Industry Associations and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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