The global tea market was valued at around *** billion U.S. dollars in 2023, and is expected to rise to *** billion dollars by 2029. Tea has a long history of popularity worldwide. It is thought to have originated in China, with records of its use dating back to the 3rd century AD. Originally used as a medicinal beverage, the drink was popularized for recreational use during the Tang dynasty and spread to other Asian countries. After European traders brought the leaves back to Europe in the 16th century, its popularity spread in the West as well. Production Today, ***** is still the leader in tea production. The country produced over *** million metric tons of it in 2023. Other large producers are India and Kenya. These regions are hospitable to Camellia sinensis, the plant used to produce tea, which needs a tropical or subtropical climate. Consumption While the United States are the ******* importer of tea worldwide, buying over *** million dollars’ worth in 2023, it is the citizens of Turkey who are most fond of the beverage. In 2016, the average Turkish person consumed nearly ***** pounds of tea during the year.
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The global slimming tea market size is anticipated to be worth $7.4 billion in 2022 and it is expected to surpass US$ 11.5 billion by 2032. The demand for slimming tea is growing at an astounding CAGR of 9.2% between 2022 and 2032, owing to:
Report Attribute | Details |
---|---|
Slimming Tea Market Estimated Base Year Value (2021) | US$ 6.1 Billion |
Slimming Tea Market Expected Market Value (2022) | US$ 7.4 Billion |
Slimming Tea Market Anticipated Forecast Value (2032) | US$ 11.5 Billion |
Slimming Tea Market Projected Growth Rate (2022 to 2032) | 9.2% CAGR |
Report Scope
Report Attribute | Details |
---|---|
Growth Rate | CAGR of 9.2% from 2022 to 2032 |
Base Year for Estimation | 2021 |
Historical Data | 2015 to 2020 |
Forecast Period | 2022 to 2032 |
Quantitative Units | Revenue in USD Billion, Volume in Kilotons, and CAGR from 2022 to 2032 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
Segments Covered |
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Regions Covered |
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Key Countries Profiled |
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Key Companies Profiled |
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Customization | Available Upon Request |
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Tea Market was valued at $70.83 billion in 2023, and is predicted to reach $104.21 billion by 2030, with a CAGR of 5.7% from 2024 to 2030.
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The global bubble tea market is projected to witness significant growth between 2025 and 2035, with its market value USD 3.96 billion in 2025. The market is set to reach approximately USD 9.72 billion by 2035, which reflects a robust CAGR of 9.5% during the forecast period.
Metric | Value |
---|---|
Industry Size (2025E) | USD 3.96 billion |
Industry Value (2035F) | USD 9.72 billion |
CAGR (2025 to 2035) | 9.5% |
Semi Annual Industry Update
Particular | Value CAGR |
---|---|
H1 | 8.5% (2024 to 2034) |
H2 | 8.8% (2024 to 2034) |
H1 | 9.1% (2025 to 2035) |
H2 | 9.6% (2025 to 2035) |
Bubble Tea Market Analyzed by Top Investment Segments
Topping | Share (2025) |
---|---|
Tapioca Pearls | 42.6% |
Format | Share (2025) |
---|---|
Ready to Drink | 87.6% |
Flavor | CAGR (2025 to 2035) |
---|---|
Flavored | 10.3% |
Distribution Channel | CAGR (2025 to 2035) |
---|---|
Online Retail | 11.2% |
Country-wise Insights
The global bubble tea market is projected to witness significant growth between 2025 and 2035, with its market value USD 3.96 billion in 2025. The market is set to reach approximately USD 9.72 billion by 2035, which reflects a robust CAGR of 9.5% during the forecast period.
Metric | Value |
---|---|
Industry Size (2025E) | USD 3.96 billion |
Industry Value (2035F) | USD 9.72 billion |
CAGR (2025 to 2035) | 9.5% |
Semi Annual Industry Update
Particular | Value CAGR |
---|---|
H1 | 8.5% (2024 to 2034) |
H2 | 8.8% (2024 to 2034) |
H1 | 9.1% (2025 to 2035) |
H2 | 9.6% (2025 to 2035) |
Bubble Tea Market Analyzed by Top Investment Segments
Topping | Share (2025) |
---|---|
Tapioca Pearls | 42.6% |
Format | Share (2025) |
---|---|
Ready to Drink | 87.6% |
Flavor | CAGR (2025 to 2035) |
---|---|
Flavored | 10.3% |
Distribution Channel | CAGR (2025 to 2035) |
---|---|
Online Retail | 11.2% |
Country-wise Insights
Country | CAGR (2025 to 2035) |
---|---|
United States | 8.7% |
United Kingdom | 9.1% |
Germany | 8.4% |
France | 8.9% |
Japan | 10.8% |
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The global sales of tea packaging machines are estimated to be worth USD 1,425.5 million in 2025 and anticipated to reach a value of USD 1,958.3 million by 2035. Sales are projected to rise at a CAGR of 3.4% over the forecast period between 2025 and 2035. The revenue generated by tea packaging machine in 2024 was USD 1,383.8 million. The industry is anticipated to exhibit a Y-o-Y growth of 3.2% in 2025.
Attributes | Key Insights |
---|---|
Historical Size, 2024 | USD 1,383.8 million |
Estimated Size, 2025 | USD 1,425.5 million |
Projected Size, 2035 | USD 1,958.3 million |
Value-based CAGR (2025 to 2035) | 3.4% |
Semi-Annual Market Update
Particular | Value CAGR |
---|---|
H1 | 3.7% (2024 to 2034) |
H2 | 3.1% (2024 to 2034) |
H1 | 3.9% (2025 to 2035) |
H2 | 2.9% (2025 to 2035) |
Country-wise Insights
Countries | Value CAGR (2025 to 2035) |
---|---|
USA | 2.1% |
Canada | 2.8% |
Brazil | 2.3% |
Argentina | 2.7% |
Germany | 1.1% |
China | 4.3% |
India | 4.7% |
Category-wise Insights
Automation | Value Share (2035) |
---|---|
Automatic | 63.7% |
Machine Type | Value Share (2035) |
---|---|
Filling & Dosing Equipment | 20.5% |
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The expansion of the global tea polyphenols market is apparent. The market is predicted to be worth USD 474.0 million in 2025 and will be growing at a significant rate of CAGR of 6.5% over the period of 2025 to 2035, and it will reach USD 950 million by the end of the forecast period.
Attribute | Details |
---|---|
Estimated Value by 2025 | USD 474.0 million |
Projected Value by 2035 | USD 950 million |
CAGR during the period 2025 to 2035 | 6.5% |
Company Performance
Global Market Share, 2025 | Industry Share % |
---|---|
Top 3 (Givaudan, Sensient Technologies Corporation, Symrise) | 40% |
Rest of Top 5 (VidyaHerbs, Tokiwa Phytochemical Co. Ltd., Synthite Industries Ltd., Arjuna Natural Pvt Ltd, Indena S.p.A.) | 35% |
Emerging & Regional Brands (Shaanxi Jiahe Phytochem Co., Ltd., Taiyo International Inc., Changsha Natureway Co., Ltd.) | 20% |
Tier-Wise Company Classification, 2025
Tier | Tier 1 |
---|---|
Market Share (%) | 55% |
Key Companies | Givaudan, Sensient Technologies Corporation |
Tier | Tier 2 |
---|---|
Market Share (%) | 35% |
Key Companies | VidyaHerbs, Tokiwa Phytochemical Co. Ltd |
Tier | Tier 3 |
---|---|
Market Share (%) | 15% |
Key Companies | Shaanxi Jiahe Phytochem Co., Ltd., Taiyo International Inc., |
The brand value of Lipton has increased in recent years. As of 2022, the British tea brand had a brand value of roughly ***** billion U.S. dollars, up from **** billion in 2018. Brand value is the amount a brand contributes to the overall value of a corporation.
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The global bubble tea market is estimated to reach a size of US$ 1.71 billion in 2024. The market has been projected to climb to a value of US$ 3.72 billion by the end of 2034, expanding at a CAGR of 8.1% over the next ten years.
Report Attribute | Detail |
---|---|
Bubble Tea Market Size (2024E) | US$ 1.71 Billion |
Projected Market Value (2034F) | US$ 3.72 Billion |
Global Market Growth Rate (2024 to 2034) | 8.1% CAGR |
East Asia Market Growth Rate (2024 to 2034) | 8.4% CAGR |
North America Market Share (2024E) | 23.7% |
Black Tea Segment Value (2024E) | US$ 736.2 Million |
Flavored Bubble Tea Segment Value (2024E) | US$ 1.45 Billion |
Key Companies Profiled | Kung Fu Tea; Ten Ren Tea, Inc.; Boise Boba; Woop Bubble Tea; Coco Tea; Empire Eagle Food Co.; Yen Chuan International Co., Ltd.; Gong Cha USA Ltd.; Quickly Corporation; BobaTea Factory; Possmei International Co., Ltd.; Bubble Tea House Company; Boba Guys, Inc.; Chatime; 8tea5; Tapioca Express, Inc.; The Inspire Food Company; TACHUNGHO; Sharetea. |
Country-wise Insights
Attribute | United States |
---|---|
Market Value (2024E) | US$ 179.3 Million |
Growth Rate (2024 to 2034) | 8.5% CAGR |
Projected Value (2034F) | US$ 407.3 Million |
Attribute | China |
---|---|
Market Value (2024E) | US$ 184.7 Million |
Growth Rate (2024 to 2034) | 8.1% CAGR |
Projected Value (2034F) | US$ 403.2 Million |
Category-wise Insights
Attribute | Green Tea |
---|---|
Segment Value (2024E) | US$ 538.1 Million |
Growth Rate (2024 to 2034) | 8.2% CAGR |
Projected Value (2034F) | US$ 1.19 Billion |
Attribute | Flavored Bubble Tea |
---|---|
Segment Value (2024E) | US$ 1.45 Billion |
Growth Rate (2024 to 2034) | 8.2% CAGR |
Projected Value (2034F) | US$ 3.17 Billion |
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In 2025, the global kombucha tea market is estimated to be valued at approximately USD 2,157.5 Million. By 2035, it is projected to grow to around USD 6,407.8 Million, reflecting a compound annual growth rate (CAGR) of 11.5%.
Metric | Value |
---|---|
Market Size in 2025 | USD 2,157.5 Million |
Projected Market Size in 2035 | USD 6,407.8 Million |
CAGR (2025 to 2035) | 11.5% |
Country Wise Outlook
Country | CAGR (2025 to 2035) |
---|---|
USA | 11.7% |
Country | CAGR (2025 to 2035) |
---|---|
UK | 11.3% |
Region | CAGR (2025 to 2035) |
---|---|
European Union (EU) | 11.5% |
Country | CAGR (2025 to 2035) |
---|---|
Japan | 11.4% |
Country | CAGR (2025 to 2035) |
---|---|
South Korea | 11.7% |
Competitive Outlook
Company Name | Estimated Market Share (%) |
---|---|
GT’s Living Foods | 18-22% |
PepsiCo, Inc. (KeVita) | 12-16% |
Health-Ade Kombucha | 10-14% |
Brew Dr. Kombucha | 8-12% |
Humm Kombucha LLC | 5-9% |
Other Kombucha Tea Brands (combined) | 30-40% |
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The Matcha Market report segments the industry into Product Type (Regular, Flavored), Form (Powder, Liquid), Distribution Channel (Hypermarket/Supermarket, Speciality Stores, Online Retail Stores, Others), and Geography (North America, Europe, Asia-Pacific, South America, Middle East & Africa). The report provides historical data and market forecasts for the next five years.
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The global tea market was valued at around *** billion U.S. dollars in 2023, and is expected to rise to *** billion dollars by 2029. Tea has a long history of popularity worldwide. It is thought to have originated in China, with records of its use dating back to the 3rd century AD. Originally used as a medicinal beverage, the drink was popularized for recreational use during the Tang dynasty and spread to other Asian countries. After European traders brought the leaves back to Europe in the 16th century, its popularity spread in the West as well. Production Today, ***** is still the leader in tea production. The country produced over *** million metric tons of it in 2023. Other large producers are India and Kenya. These regions are hospitable to Camellia sinensis, the plant used to produce tea, which needs a tropical or subtropical climate. Consumption While the United States are the ******* importer of tea worldwide, buying over *** million dollars’ worth in 2023, it is the citizens of Turkey who are most fond of the beverage. In 2016, the average Turkish person consumed nearly ***** pounds of tea during the year.