US Tea Bag Market Size, Industry Trends, Share and Forecast 2019-2025


Posted May 21, 2020 by mansi3210

US Tea Bag Market Size, Share and Trends Analysis Report by Type, and Forecast Period, 2019-2025

 
US tea bag market is expected to grow at a CAGR of more than 5% during the forecast period. The tea market is highly competitive in the US. It is comprised of a few US-based tea growers and several importers from almost every tea producing countries, such as China, India, and Japan. However, still very small and mostly non-commercial, tea-growing companies continues its expansion in the US.

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Nonetheless, the US tea bag industry is consolidated with the less presence of local companies and high presence of importers from across the globe. The major tea companies that import organic tea in the US include Ambassador Organics, Equal Exchange, Celestial Seasonings, Newman's Own, and Numi Organic Tea. Some of the other companies that import Fairtrade tea in the US include Twinings, Clipper Teas, Honest Tea, Village Tea, Hampstead Tea, English Tea Shop, Naturals n Organics, Trader Joe’s, Organic India, and Wild Harvest Organic.

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The US is the third-largest importer of tea across the globe, after Russia and Pakistan, and is the only western country to experience growth in terms of both, tea imports and consumption, as per the Tea Association of the US. Argentina is estimated as the largest importing nation of tea to the US, continues to be under price and inflationary pressure. According to the US Census Bureau, the US tea, spices, and others imports from the world was valued at around 1.98 million in 2013, which increased to 2.61 million in 2018. Such a large import of tea and tea-based beverages is due to the rising disposable income and increasing consumption rate of healthy tea-based beverages such as organic tea, which includes green tea and black tea.

US Tea Bag Market Segmentation

By Type

• Green Tea
• Black Tea
• Oolong Tea
• Herbal Tea

Company Profiles

• AMORE Pacific Corp.
• Arbor Tea (New World Tea, LLC)
• Associated British Foods PLC
• Barry's Tea
• Celestial Seasonings, Inc.
• Ceylon Organics, Ltd.
• ITO EN (North America) Inc.
• Tata Global Beverages
• Nestlé S.A.
• Numi Inc.
• R.Twining and Co., Ltd.
• The Republic of Tea, Inc.
• Starbucks Corp.
• The Hain Celestial Group, Inc.
• Townshend's Tea Co.
• Unilever Group

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Categories Business , Food , Manufacturing
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Last Updated May 21, 2020