The Tea Market Report is Segmented by Form (Leaf Tea and CTC Leaf), Product Type (Black Tea, Green Tea, and More), Category (Conventional and Organic), Flavoring (Unflavored and Flavored), Packaging Type (Box, Bag, Pouch, and More), Distribution Channel (On-Trade and Off-Trade), and Geography (North America, Europe, Asia-Pacific, South America, and More). The Market Forecasts are Provided in Terms of Value (USD).

The global herbal tea market size reached USD 4.58 Billion in 2025. The industry is further expected to grow at a growth rate of 7.5% over the forecast period.

Semi-Annual Industry Update

Country-wise Insights

Segment-wise Analysis

Competitive Outlook

The North America Tea Market Report is Segmented by Form (Leaf Tea, CTC Granular Tea, Ready-To-Drink Tea), Product Type (Black Tea, Green Tea, Herbal Tea, Others), Flavor Profile (Unflavored, Flavored), Packaging Type (Flexible, Rigid), Distribution Channel (On-Trade, Off-Trade), and Geography (United States, Canada, Mexico, Rest of North America). The Market Forecasts are Provided in Terms of Value (USD).

The Ready To Drink (RTD) tea market will probably reach USD 40,007.5 Million by 2025. Then, it may grow even more to USD 88,802.7 Million by 2035, with a yearly growth rate of 8.3%.

Country-wise Insights

Ready to Drink (RTD) Tea Market - Segmentation Outlook

Competitive Outlook: Ready-To-Drink (RTD) Tea Market

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Tea Market Size 2025-2029

The tea market size is valued to increase USD 19.9 billion, at a CAGR of 5.5% from 2024 to 2029. Functional benefits of tea increasing its growth will drive the tea market.

Major Market Trends & Insights

APAC dominated the market and accounted for a 62% growth during the forecast period.
By Distribution Channel - Offline segment was valued at USD 44.80 billion in 2023
By Product - Black tea segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 49.47 billion
Market Future Opportunities: USD 19.90 billion
CAGR : 5.5%
APAC: Largest market in 2023

Market Summary

The market encompasses a vast and dynamic industry, marked by continuous evolution and innovation. Core technologies and applications, such as tea processing automation and functional tea blends, are driving growth in this sector. According to recent reports, functional tea beverages account for over 50% of the market share, reflecting consumers' increasing preference for health benefits. However, challenges persist, including the negative impact of overconsumption and the need for stringent regulations. For instance, the European Union's Food Information Regulation mandates clear labeling for tea products.
In 2020, the market witnessed numerous new product launches, with companies focusing on organic and sustainable offerings to cater to growing consumer demand. Despite these challenges, the market continues to unfold, offering ample opportunities for stakeholders to capitalize on emerging trends and consumer preferences.

What will be the Size of the Tea Market during the forecast period?

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How is the Tea Market Segmented and what are the key trends of market segmentation?

The tea industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Distribution Channel

  Offline
  Online


Product

  Black tea
  Green tea
  Others


Form

  Leaf Tea
  CTC Tea
  Others


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  APAC

    China
    India
    Japan


  South America

    Brazil


  Rest of World (ROW)

By Distribution Channel Insights

The offline segment is estimated to witness significant growth during the forecast period.

The offline segment of the market holds a substantial share, with distribution and sales of functional tea products occurring through physical retail channels. Brick-and-mortar stores, supermarkets, specialty tea shops, and health food stores serve as the primary avenues for offline tea sales. Consumers prefer visiting these locations to engage in a tactile experience, interact with knowledgeable staff, and receive personalized recommendations. Currently, organic tea production represents a growing trend, with 30% of consumers expressing a preference for organic teas. Aroma compound identification is crucial for tea manufacturers to cater to this segment, as consumers seek authentic and high-quality tea experiences.

Theaflavin concentration levels, soil health indicators, and microbial community analysis are essential factors in organic tea production. Chemical composition analysis, flavor profile characterization, and disease resistance breeding are essential aspects of tea cultivation. Sustainable farming practices, integrated pest management, and fermentation process control contribute to maintaining quality and ensuring consistent product offerings. Soil nutrient management, sensory evaluation methods, and packaging material selection are crucial for tea manufacturers to meet consumer demands and maintain product freshness. Drying technology advancements, antioxidant capacity measurement, climate change adaptation, and irrigation system design are ongoing areas of innovation in the tea industry.

Byproduct value addition, soil erosion prevention, tea waste utilization, plant stress physiology, catechin analysis methods, and polyphenol content determination are essential for tea manufacturers to optimize their processes and improve yields. Harvesting and processing techniques, yield improvement strategies, and supply chain optimization are ongoing priorities for tea businesses. The market is expected to expand by 25% in the upcoming years, driven by increasing consumer awareness of tea's health benefits and the growing popularity of functional teas. The market's continuous evolution is characterized by advancements in cultivation techniques, processing technologies, and product offerings.

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The Offline segment was valued at USD 44.80 billion in 2019 and showed a gradual increase during the forecast period.

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The North America Ready To Drink Tea Market report segments the industry into Soft Drink Type (Green Tea, Herbal Tea, Iced Tea, Other RTD Tea), Packaging Type (Aseptic Packages, Glass Bottles, Metal Can, PET Bottles), Distribution Channel (Off-trade, On-trade), and Country (Canada, Mexico, United States, Rest of North America). Get five years of historical data alongside five-year market forecasts.

• The global industry was valued at US$ 20.2 Bn in 2023
• It is estimated to grow at a CAGR of 5.9% from 2024 to 2032 and reach US$ 33.9 Bn by the end of 2032

Market Introduction

Regional Outlook

Tea Market Snapshot

Tea Market valued at USD 22.78 Bn in 2025, is anticipated to reaching USD 34.96 Bn by 2032, with a steady annual growth rate of 6.3%.

The global tea market was valued at around *** billion U.S. dollars in 2025, and is expected to rise to *** billion dollars by 2030. 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 Pakistan and the United States are the ******* importer of tea worldwide, buying over *** billion dollars’ worth in 2024, 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.

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.

The organic tea market is expected to grow from USD 1,404.9 million in 2025 to USD 3,089.6 million by 2035, reflecting a CAGR of 9.6%. This robust growth is fueled by increasing consumer awareness around health and wellness.

Country wise Outlook

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Green Tea Market Size 2025-2029

The green tea market size is forecast to increase by USD 16.02 billion at a CAGR of 10.5% between 2024 and 2029.

The market experiences robust growth, fueled by increasing consumer disposable income and a growing preference for healthier beverage options. This trend is further amplified by the introduction of innovative flavor combinations, catering to diverse consumer tastes. However, market expansion encounters challenges. Regulatory hurdles impact adoption in certain regions due to stringent regulations regarding organic farming and labeling requirements. Additionally, supply chain inconsistencies temper growth potential as the demand for high-quality green tea outpaces production capabilities. The market in the US is primarily driven by the availability of ready-to-drink (RTD) and specialty teas.
To capitalize on market opportunities, companies must navigate these challenges by implementing robust supply chain management strategies and adhering to regulatory standards. By doing so, they can effectively meet consumer demand and differentiate their offerings in a competitive landscape. Additionally, the market is witnessing the emergence of green tea in various forms, including energy drinks and supplements, further expanding its reach.

What will be the Size of the Green Tea Market during the forecast period?

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The global tea market encompasses various segments, including tea variety, tea technology, and tea marketing strategies. Green tea, a significant segment, undergoes intricate processes such as tea fermentation and tea oxidation to enhance its unique flavor and health benefits. Tea consumption trends indicate a growing preference for high-quality, premium green teas. Tea innovation continues to shape the industry with advancements in tea cupping techniques and tea grading standards. Tea technology plays a crucial role in optimizing tea farming, tea processing, and tea packaging design. Tea research and tea safety are paramount in ensuring product differentiation and consumer trust. he market for green tea, including specialty teas and natural, clean-label products, has seen significant growth due to the increasing demand for on-the-go nutrition and dietary supplements. Flavonoids, a type of polyphenol found in green tea, are believed to contribute to these health benefits.
Green tea interactions with consumers extend beyond taste preferences, as brand loyalty and safety concerns influence purchasing decisions. Tea aging and tea origin are essential factors in determining tea price points and industry regulations. Tea storage and tea blending are essential aspects of maintaining tea quality and consistency. The tea industry's continuous evolution reflects the integration of technology, research, and consumer preferences. Green tea's popularity and diverse offerings provide ample opportunities for innovation and growth. Mint, pineapple, apple, strawberry, chocolate, and peach are some of the flavors that have recently been introduced in green tea blends.

How is this Green Tea Industry segmented?

The green tea industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Product

  Flavored green tea
  Unflavored green tea


Distribution Channel

  Offline
  Online


Type

  Tea bags
  Loose leaf
  Ready-to-drink
  Others


Geography

  North America

    US


  Europe

    France
    Germany
    Italy
    UK


  APAC

    China
    India
    Japan
    South Korea


  South America

    Brazil


  Rest of World (ROW)

By Product Insights

The flavored green tea segment is estimated to witness significant growth during the forecast period. Green tea's market dynamics reflect a strong focus on innovation and consumer preferences. Tea enthusiasts increasingly seek out unique flavors, leading to the popularity of flavored green teas. Common flavors include citrus, honey, lemon, mango, ginger, and ginseng, with some combinations enhancing green tea's medicinal properties. Ginger, for instance, adds antioxidants and aids digestion and weight loss. Companies target the millennial demographic, drawn to their willingness to explore new tastes. Over the past five years, superfruit-infused green teas, such as blueberry, cranberry, acai berry, raspberry, and blackberry, have emerged and gained popularity among this demographic in both emerging and developed markets. E-commerce platforms have made it convenient for consumers to purchase organic green tea and supplements.

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The Flavored green tea segment was valued at USD 15.53 billion in 2019 and showed a gradual increase during the forecast period. Ready-to-drink specialty teas, such as those made from nutrient-rich ingredien

Herbal Tea Market Outlook

According to our latest research, the global herbal tea market size reached USD 4.82 billion in 2024, reflecting a strong consumer shift toward natural and wellness-oriented beverages. The market is expected to expand at a CAGR of 6.7% from 2025 to 2033, culminating in a forecasted market size of USD 8.74 billion by 2033. This robust growth is primarily attributed to rising health consciousness, increasing demand for functional beverages, and the growing adoption of herbal tea as a caffeine-free alternative to traditional teas and coffees. As per our latest research, the herbal tea market is witnessing significant traction across both developed and emerging economies, driven by evolving consumer preferences and innovative product offerings.

One of the most significant growth factors propelling the herbal tea market is the increasing awareness of the health benefits associated with herbal ingredients. Consumers are becoming more mindful of their dietary choices, seeking products that not only refresh but also contribute to overall well-being. Herbal teas, rich in antioxidants, vitamins, and minerals, are perceived as natural remedies for various ailments such as digestive issues, stress, and inflammation. The trend toward preventive healthcare and holistic wellness has encouraged consumers to incorporate herbal teas into their daily routines. Additionally, the growing incidence of lifestyle diseases and the rising prevalence of obesity and diabetes are prompting individuals to opt for healthier beverage options, further supporting market expansion.

Another key driver for the herbal tea market is the surge in product innovation and the introduction of novel flavors and blends. Manufacturers are constantly experimenting with unique herbal combinations, infusing traditional teas with botanicals such as chamomile, ginger, hibiscus, and lemongrass to cater to diverse palates. This has not only expanded the consumer base but also attracted younger demographics looking for new taste experiences. The premiumization of herbal teas, with organic and sustainably sourced ingredients, has further elevated the market's appeal. Moreover, the integration of functional ingredients targeting specific health concerns, such as immunity-boosting or detoxifying properties, has positioned herbal tea as a versatile beverage with broad consumer relevance.

The expansion of distribution channels has also played a crucial role in the growth of the herbal tea market. The proliferation of supermarkets, hypermarkets, specialty stores, and online retail platforms has made herbal teas more accessible to a wider audience. E-commerce, in particular, has emerged as a vital channel, offering consumers the convenience of browsing and purchasing a diverse range of herbal tea products from the comfort of their homes. This shift in retail dynamics has enabled brands to reach new markets and foster greater brand loyalty through targeted marketing and subscription-based models. The increasing penetration of herbal tea in cafes, restaurants, and hospitality establishments has further contributed to market growth by introducing the beverage to new consumer segments.

Loose-Leaf Herbal Tea has gained considerable popularity among tea aficionados who appreciate the authenticity and richness of flavor that this form offers. Unlike tea bags, loose-leaf teas allow the leaves to fully expand and release their complex flavors and aromas, providing a more immersive and satisfying tea experience. This form is particularly favored by consumers who enjoy the ritual of brewing tea and value the ability to customize the strength and blend of their brew. The trend towards premium and artisanal products has further fueled the demand for loose-leaf herbal teas, as consumers increasingly seek out high-quality, organic, and ethically sourced options. As the market continues to evolve, loose-leaf herbal tea is expected to maintain its appeal among discerning consumers who prioritize quality and sustainability in their beverage choices.

Regionally, the herbal tea market exhibits significant variation in growth patterns and consumer preferences. Asia Pacific remains the largest and fastest-growing market, driven by a rich tea culture and a strong tradition of herbal medicine. North America and Europe are witnessing rapid adoption due to rising health awarene

The Europe tea market size was valued at USD 10.73 Billion in 2022 and is likely to reach USD 17.75 Billion by 2031, expanding at a CAGR of 5.75% during 2023–2031. The growth of the market is attributed to the increasing health awareness and rising disposable income.



Tea is an aromatic beverage derived from Camellia Sinensis plant. It is one of the most consumed drinks in the world, after water. Black tea and green tea are the most preferred tea, while herbal tea is swiftly gaining traction in the region. Tea is considered as a healthy beverage owing to presence of a number of potent antioxidants and minerals. such as potassium, manganese, magnesium, and calcium.

Tea offers various health benefits as it contains polyphenols and different amino acids, resulting in stronger immunity, lower cholesterol, and increased metabolism. The presence of small amount of caffeine makes tea a mild stimulant, preventing fatigue. Regular consumption of tea helps to reduce cell damage caused due to free radicals as well as and facilitates in weight loss. The flavonoids and phytochemicals present in tea improves various functions of the human body.

Europe Tea Market Trends, Drivers, Restraints, and Opportunities

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  Growing awareness about its health benefits for patients suffering from combat arthritis, cardiovascular diseases, kidney stones, and high blood pressure is anticipated to propel the market growth.

  
  


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  Introduction of additional healthy ingredients in tea is expected to drive the growth of the market during the forecast period.

  
  


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The specialty tea market share is expected to increase by USD 5.50 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 6.04%.

This specialty tea market research report provides valuable insights on the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by application (residential and commercial) and geography (APAC, Europe, North America, South America, and MEA). The specialty tea market report also offers information on several market vendors, including 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, among others.

What will the Specialty Tea Market Size be During the Forecast Period?

Download the Free Report Sample to Unlock the Specialty Tea Market Size for the Forecast Period and Other Important Statistics

Specialty Tea Market: Key Drivers and Challenges

The growing tea cafe culture is notably driving the specialty tea market's growth, although factors such as the impact of overconsumption of tea may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic's impact on the specialty tea industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Specialty Tea Market Driver

The tea cafe culture in countries such as China and India has gained traction in recent years, and one can find elegant tea boutiques in prominent places in many cities. For instance, in India, tea is not only considered a favorable drink but has also become an integral part of the culture and life of every Indian. The increasing number of tea cafes in the world can be attributed to the rising awareness about the health benefits of tea and the variety of flavors that tea products are offering. Such factors are enhancing the adoption of tea cafe culture globally.

Key Specialty Tea Market Challenge

The intake of tea is good for health in various aspects. However, the excessive consumption of tea is not preferable. According to nutritionists, the ideal consumption of tea should not be more than three cups a day. The major threat of overconsumption of tea is that tea can be addictive. In addition, excessive consumption may also cause dehydration, bloating, vital nutrient deficiencies, and anxiety. Overconsumption of tea may restrict the absorption of nutrients like iron in the body, which poses a serious challenge to market growth.

This specialty tea market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Who are the Major Specialty Tea Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

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

This statistical study of the specialty tea market encompasses successful business strategies deployed by the key vendors. The specialty tea market is fragmented, and the vendors are deploying organic and inorganic growth strategies to compete in the market.

To make the most of the opportunities and recover from the post-COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments while maintaining their positions in the slow-growing segments.

The specialty tea market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Which are the Key Regions for Specialty Tea Market?

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36% of the market’s growth will originate from APAC during the forecast period. China, Taiwan, and India are the key markets for specialty tea in APAC. Market growth in this region will be faster than the growth of the market in South America and MEA.

APAC is one of the largest producers and consumers of tea products globally. Therefore, the dominance of the market in APAC is expected to continue during the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating Appl

Discover the booming herbal tea market! Explore key trends, growth drivers, and regional insights in our comprehensive market analysis. Learn about leading brands and future projections for this rapidly expanding industry.

According to Cognitive Market Research, the global High-End Tea market size was USD 126841.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 12.60% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 50736.6 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.8% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 38052.4 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 29173.5 million in 2024 and will grow at a compound annual growth rate (CAGR) of 14.6% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 6342.0 million in 2024 and will grow at a compound annual growth rate (CAGR) of 12.0% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 2536.8 million in 2024 and will grow at a compound annual growth rate (CAGR) of 12.3% from 2024 to 2031.
The Green Tea Type held the highest High-End Tea market revenue share in 2024.

Market Dynamics of High-End Tea Market

Key Drivers for High-End Tea Market

Growing Health Consciousness to Increase the Demand Globally: The tea market is experiencing a notable rise in demand due to increasing awareness of the health benefits associated with tea consumption, particularly green tea and herbal infusions. Consumers are increasingly choosing tea varieties known for their medicinal properties and antioxidants. In 2021, Americans consumed nearly 85 billion servings of tea, equivalent to over 3.9 billion gallons. Black tea accounted for 84% of total consumption, while green tea made up 15%, with oolong, white, and dark teas comprising the remainder. U.S. imports of black and green tea in 2021 are estimated at 240 million pounds, marking a 6% increase from 2020. According to the Tea Board of India, green tea production in India has steadily risen, reaching approximately 150 million kilograms in recent years. This growth is fueled by the perception of tea as a healthier option compared to carbonated beverages and other drinks.

Foodservice and Hospitality Sector to Propel Market Growth: The food service and hospitality industries offer a lucrative market for high-end teas, including premium blends and specialty beverages. According to a survey by Apicbase, restaurant sales in the US rose from $842.3 million in 2021 to $974.9 million in 2022, reaching $1,087 million in 2023. A significant 54% of restaurants plan to increase investment in technology in 2024. Despite a decline in consumer spending at full-service restaurants to Can$16,489.6 million in 2020 and Can$21,157.7 million in 2021 due to the pandemic, spending rebounded to Can$25,913.7 million in 2022, surpassing the pre-pandemic 2019 level of Can$25,812.1 million. Upscale restaurants, hotels, and cafes are increasingly integrating high-quality teas into their menus to satisfy discerning consumers seeking unique culinary experiences. This trend presents an opportunity for tea producers to collaborate with food service providers and hospitality establishments to enhance their market presence in this growing segment.

Restraint Factor for the High-End Tea Market

Challenges in Sustainability and Quality Maintenance to Limit the Sales: Despite its prominent position in the global tea market, tea production confronts challenges concerning sustainability and maintaining consistent quality standards. Issues like soil erosion, climate change, and pest outbreaks pose significant threats to tea cultivation. Moreover, ensuring fair labor practices and compliance with environmental regulations increases production costs, thereby impacting profit margins. The Indian Tea Association emphasizes that maintaining quality amid these challenges remains a critical issue for tea producers, influencing their competitiveness on the global stage.

Premium Pricing Restricts Widespread Adoption: High-quality teas, such as specialty blends, single-origin leaves, and artisanal infusions, are sold at prices that are considerably higher than those of standard teas. This premium strategy limits their availability to a specific consumer group, especially in developing markets where price sensitivity is prevalent and tea is primarily...

The tea market size attained a value of USD 56.11 Billion in 2024. The industry is expected to grow at a CAGR of 6.20% during the forecast period of 2025-2034. By 2034, the market is expected to reach USD 102.40 Billion.

The convenience of ready-to-drink (RTD) beverages and cold brews is driving the growth of the tea market to meet modern consumer demands for quick, portable, and refreshing options. RTD teas are pre-brewed and bottled, making them ideal for busy lifestyles. Cold brews offer a smoother and less bitter flavour profile and are increasingly available in health-conscious formats. Popular among Millennials and Gen Z, these beverages are gaining traction in supermarkets, convenience stores, and vending machines. For instance, in March 2025, 7 Eleven launched Southland Reserve™, a collaborative cold brew tea line with AriZona in four flavours in the United States.

Digital commerce and subscription services are transforming the tea demand growth by offering consumers convenient, personalized access to a wide variety of teas. Through online platforms, brands can directly reach global customers, bypassing traditional retail limits and allowing for tailored experiences. Subscription models build customer loyalty by providing regular shipments of new or favourite blends, encouraging trial and repeat purchases. In July 2024, Fortnum & Mason launched its new tea subscription to deliver monthly loose-leaf blends with personalized mugs and accessories, enhancing luxury and convenience. These strategies increase market reach, improve customer retention, and drive sustained market growth.

Market Size & Forecast

• Market Size in 2024: USD 56.11 Billion
• Projected Market Size in 2034: USD 102.40 Billion
• CAGR from 2025 to 2034: 6.20%

The size of the Tea Market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 5.72% during the forecast period. Recent developments include: November 2022: Dabur India Limited launched Dabur Vedic Tea, a premium black tea that contains 30+ ayurvedic herbs that provide health benefits and boosts immunity. The product contains herbs like Tulsi, Ginger, Cardamom, and others., November 2022: Tata Consumer Products expanded its green tea portfolio with the launch of Tetley Green Tea with tulsi flavor. Green tea improves immunity and is rich in vitamin C., July 2022: CVC Capital Partners Fund VIII completed the purchase of Ekaterra, the tea business owned by Unilever. A cash-free, debt-free sale of Ekaterra was agreed upon between Unilever and CVC in November 2021 for EUR 4.5 billion (USD 4.83 billion).. Key drivers for this market are: Increasing Demand for Herbal Teas, Increasing Consumer Awareness about Health Benefits of Tea. Potential restraints include: High Cost of Production of Green Tea. Notable trends are: Health Benefits of Tea is Propelling the Market Growth.

Discover the Trends, Flavours, and Culture of the French Tea Market. Enjoy Exquisite Blends and Learn About the Rich French Tea Traditions.